Common use of Termination of SPAC Agreements Clause in Contracts

Termination of SPAC Agreements. Prior to the Merger Effective Time, SPAC shall terminate pursuant to a Contract reasonably acceptable to the Company each Contract listed in Section 4.14 of the SPAC Disclosure Schedules and Section 8.27 of the SPAC Disclosure Schedules, without the payment of any consideration or the granting of any concession, and without any liability being imposed on Holdings, the Surviving Company or any of their respective Subsidiaries or any of them having any continuing obligations.

Appears in 2 contracts

Samples: Business Combination Agreement (Home Plate Acquisition Corp), Business Combination Agreement (Home Plate Acquisition Corp)

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Termination of SPAC Agreements. Prior to the Merger Effective TimeClosing, SPAC shall terminate pursuant to a Contract reasonably acceptable to the Company each Contract agreement listed in Section 4.14 7.21 of the SPAC Disclosure Schedules and Section 8.27 of the SPAC Disclosure SchedulesLetter, without the payment of any consideration or the granting of any concession, and without any liability being imposed on Holdings, the SPAC Surviving Company, the Company Surviving Company or any of their respective Subsidiaries or any of them having any continuing obligations.

Appears in 1 contract

Samples: Business Combination Agreement (Queen's Gambit Growth Capital)

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Termination of SPAC Agreements. Prior to the Merger Effective Time, SPAC shall terminate pursuant to a Contract reasonably acceptable to the Company each Contract listed in Section 4.14 5.14 of the SPAC Disclosure Schedules and Section 8.27 9.27 of the SPAC Disclosure Schedules, without the payment of any consideration or the granting of any concession, and without any liability being imposed on Holdings, the Surviving Company or any of their respective Subsidiaries or any of them having any continuing obligations.

Appears in 1 contract

Samples: Business Combination Agreement (Air Water Co)

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