Common use of Termination of Initial Agreement Clause in Contracts

Termination of Initial Agreement. Upon this Agreement coming into effect at the Effective Time (as defined in the Transaction Agreement), the Initial Agreement, shall be amended in full with its terms replaced by the terms hereof pursuant to Section 5.6 of the Initial Agreement, and the parties thereto shall take all necessary actions and cooperate with the Company to ensure that the Initial Agreement is terminated without any further liability.

Appears in 2 contracts

Samples: Registration Rights Agreement (Vacasa, Inc.), Form of Registration Rights Agreement (TPG Pace Solutions Corp.)

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Termination of Initial Agreement. Upon this Agreement coming into effect at the Effective Time (as defined in the Transaction Business Combination Agreement), the Initial Agreement, shall be amended in full with its terms replaced by the terms hereof pursuant to Section 5.6 of the Initial Agreement, and the parties thereto shall take all necessary actions and cooperate with the Company to ensure that the Initial Agreement is terminated without any further liability.

Appears in 1 contract

Samples: Registration Rights Agreement (Nerdy Inc.)

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Termination of Initial Agreement. Upon this Agreement coming into effect at the Effective Time (as defined in the Transaction Business Combination Agreement), the Initial Agreement, Agreement shall be amended in full with its terms replaced by the terms hereof terminate pursuant to Section 5.6 5.8 of the Initial Agreement, and the parties thereto shall take all necessary actions and cooperate with the Company to ensure that the Initial Agreement is terminated without any further liability.

Appears in 1 contract

Samples: Business Combination Agreement (Concord Acquisition Corp)

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