Termination of Forward Purchase Agreement. Each of the parties to the Forward Purchase Agreement agrees that, notwithstanding anything in the Forward Purchase Agreement to the contrary, the Transaction is hereby terminated and the Forward Purchase Agreement hereby rendered of no further effect. No further payments or deliveries shall be due by either Seller to Counterparty or Counterparty to Seller in respect of the Transaction (whether in cash, shares or otherwise), including without limitation in respect of any settlement amount, breakage costs or any amounts representing the future value of the Transaction, and neither party shall have any further obligation under the Transaction and, for the avoidance of doubt and without limitation, no payments will have accrued or be due under Sections 2, 6 or 11 of the ISDA Form.
Termination of Forward Purchase Agreement. Dear Xx. Xxxx: Pursuant to Section 8 of the forward purchase agreement (the “FPA”) by and between Integral Acquisition Corporation 1 (the “Company”) and Carnegie Park Capital LLC, dated August 23, 2021, this letter serves as the Company’s notice that it is terminating the FPA with an effective termination date of November 30, 2023. Except as specifically provided in the section labeled “General Provisions” in the FPA, the FPA is hereby deemed null, void and of no further force or effect, and all obligations and liabilities of the parties under the FPA or otherwise related to any proposed offering under the FPA are terminated. Capitalized terms used and not otherwise defined herein shall have the meanings set forth in that certain FPA. Sincerely, By: /s/ Xxxxxxx Xxxx Name: Xxxxxxx Xxxx Title: Chief Executive Officer Accepted: As of the date first written above Carnegie Park Capital LLC By: /s/ Xxx Xxxx Name: Xxx Xxxx
Termination of Forward Purchase Agreement. Dear Mr. Xxx Xxxxx and Xx. Xxxxxxxxxx: Pursuant to Section 8 of the forward purchase agreement (the “FPA”) by and between Integral Acquisition Corporation 1 (the “Company”) and Crescent Park Management, L.P., dated August 23, 2021, this letter serves as the Company’s notice that it is terminating the FPA with an effective termination date of November 30, 2023. Except as specifically provided in the section labeled “General Provisions” in the FPA, the FPA is hereby deemed null, void and of no further force or effect, and all obligations and liabilities of the parties under the FPA or otherwise related to any proposed offering under the FPA are terminated. Capitalized terms used and not otherwise defined herein shall have the meanings set forth in that certain FPA. Sincerely, By: /s/ Xxxxxxx Xxxx Name: Xxxxxxx Xxxx Title: Chief Executive Officer Accepted: As of the date first written above Crescent Park Management, L.P. By: /s/ Xxx Xxxxx Name: Xxx Xxxxx
Termination of Forward Purchase Agreement. Prior to the Closing, Trebia agrees that it shall terminate the Forward Purchase Agreement with no ongoing liabilities of Trebia thereunder and shall take all actions necessary to effectuate the foregoing.
Termination of Forward Purchase Agreement. Each of Purchaser and the Company agrees that, notwithstanding anything in the Forward Purchase Agreement to the contrary, the Forward Purchase Agreement is terminated and hereby rendered of no further effect, effective as of the date hereof. No payments or deliveries shall be due by either the Company to Purchaser or Purchaser to the Company in respect of the Transaction (whether in cash, securities or otherwise), including without limitation in respect of any settlement amount, breakage costs or any amounts representing the future value of the Transaction, and neither party shall have any further obligation of any kind under the Forward Purchase Agreement.
Termination of Forward Purchase Agreement. Prior to the Closing, AAC agrees that it shall terminate the Forward Purchase Agreement and shall take all actions necessary to effectuate the foregoing.
