Common use of Termination of Rights as Shareholder Clause in Contracts

Termination of Rights as Shareholder. If any of the Shares are surrendered and cancelled in accordance with this Section 3, then after such time the Subscriber (or successor in US-DOCS\119983970.4 interest), shall no longer have any rights as a holder of such Shares, and the Company shall take such action as is appropriate to cancel such Shares.

Appears in 2 contracts

Samples: Cain Acquisition Corp, Rhapsody Acquisition Corp

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Termination of Rights as Shareholder. If any of the Shares are surrendered and cancelled in accordance with this Section 3, then after such time the Subscriber (or successor in US-DOCS\119983970.4 interest), ) shall no longer have any rights as a holder of such Shares, Shares and the Company shall take such action as is appropriate to cancel such Shares.

Appears in 2 contracts

Samples: Summit Healthcare Acquisition Corp., L Catterton Asia Acquisition Corp

Termination of Rights as Shareholder. If any of the Shares are surrendered and cancelled in accordance with this Section 3, then after such time the Subscriber (or successor in US-DOCS\119983970.4 interest), shall no longer have any rights as a holder of such surrendered Shares, and the Company shall take such action as is appropriate to cancel such surrendered Shares.

Appears in 2 contracts

Samples: Thrive Acquisition Corp, FinTech Evolution Acquisition Group

Termination of Rights as Shareholder. If any of the Shares are surrendered and cancelled in accordance with this Section 3β€Ž3, then after such time the Subscriber (or successor in US-DOCS\119983970.4 interest), shall no longer have any rights as a holder of such Shares, and the Company shall take such action as is appropriate to cancel such Shares.

Appears in 1 contract

Samples: One Madison Corp

Termination of Rights as Shareholder. If any of the Shares are surrendered and cancelled in accordance with this Section 3, then after such time the Subscriber Buyer (or successor in US-DOCS\119983970.4 interest), shall no longer have any rights as a holder of such Shares, and the Company shall take such action as is appropriate to cancel such Shares.

Appears in 1 contract

Samples: Securities Purchase Agreement (Levere Holdings Corp.)

Termination of Rights as Shareholder. If any of the Shares are surrendered and cancelled in accordance with this Section 3, then after such time the Subscriber (or successor in US-DOCS\119983970.4 interest), shall no longer have any rights as a holder of such Shares, and the Company shall take such action as is appropriate to cancel such Shares.. ​

Appears in 1 contract

Samples: TPB Acquisition Corp I

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Termination of Rights as Shareholder. If any of the Shares are surrendered and cancelled in accordance with this Section 3, then after such time the Subscriber (or successor in US-DOCS\119983970.4 interest), ) shall no longer have any rights as a holder of such surrendered Shares, and the Company shall take such action as is appropriate to cancel such surrendered Shares.

Appears in 1 contract

Samples: Green Visor Financial Technology Acquisition Corp I

Termination of Rights as Shareholder. If any of the Shares are surrendered and cancelled in accordance with this Section 3, then after such time the Subscriber (or its successor in US-DOCS\119983970.4 interest), shall no longer have any rights as a holder of such surrendered Shares, and the Company shall take such action as is appropriate to cancel such surrendered Shares.

Appears in 1 contract

Samples: GigCapital7 Corp.

Termination of Rights as Shareholder. If any of the Shares are surrendered and cancelled in accordance with this Section 3, then after such time the each Subscriber (or successor in US-DOCS\119983970.4 interest), shall no longer have any rights as a holder of such Shares, and the Company shall take such action as is appropriate to cancel such Shares.

Appears in 1 contract

Samples: ESGEN Acquisition Corp

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