Common use of Transactions by Seller in the Shares Clause in Contracts

Transactions by Seller in the Shares. Seller hereby waives the redemption rights set forth in the Certificate of Incorporation in connection with the Business Combination with respect to the Recycled Shares and the Additional Shares only during the term of this Confirmation. Subject to any restrictions set forth in this Confirmation, Seller may sell or otherwise transfer, loan or dispose of any of the Shares or any other shares or securities of the Counterparty in one or more public or private transactions at any time. Any Recycled Shares and Additional Shares sold by Seller during the term of the Transaction and included on an OET Notice will cease to be included in the Number of Shares.

Appears in 2 contracts

Samples: Otc Equity Prepaid Forward Transaction (PROOF Acquisition Corp I), Otc Equity Prepaid Forward Transaction (Genesis Unicorn Capital Corp.)

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Transactions by Seller in the Shares. Seller hereby waives the redemption rights (“Redemption Rights”) set forth in the Certificate of Incorporation Memorandum and Articles in connection with the Business Combination with respect to the Recycled Shares and the Additional Shares only during the term of this Confirmation. Subject to any restrictions set forth in this Confirmation, Seller may sell or otherwise transfer, loan or dispose of any of the Shares or any other shares or securities of the Counterparty in one or more public or private transactions at any time. Any Recycled Shares and Additional Shares sold by Seller during the term of the Transaction and included on an OET Notice will cease to be included in the Number of Shares.

Appears in 1 contract

Samples: Otc Equity Prepaid Forward Transaction (Complete Solaria, Inc.)

Transactions by Seller in the Shares. Seller hereby waives the redemption rights (“Redemption Rights”) set forth in the Certificate of Incorporation in connection with the Business Combination with respect to the Recycled Shares and the Additional Shares only during the term of this Confirmation. Subject to any restrictions set forth in this Confirmation, Seller may sell or otherwise transfer, loan or dispose of any of the Shares or any other shares or securities of the Counterparty in one or more public or private transactions at any time. Any Recycled Shares and Additional that are not Shortfall Sale Shares sold by Seller during the term of the Transaction and included on an OET Notice will cease to be included in the Number of Shares.

Appears in 1 contract

Samples: Otc Equity Prepaid Forward Transaction (Graf Acquisition Corp. IV)

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Transactions by Seller in the Shares. Seller hereby waives the redemption rights (“Redemption Rights”) set forth in the Certificate of Incorporation in connection with the Business Combination with respect to the Recycled Shares and the Additional Share Consideration Shares only during the term of this Confirmation. Subject to any restrictions set forth in this Confirmation, Seller may sell or otherwise transfer, loan or dispose of any of the Shares or any other shares or securities of the Counterparty in one or more public or private transactions at any time. Any Recycled Shares and Additional Shares sold by Seller during the term of the Transaction and included on an OET Notice will cease to be included in the Number of Shares.

Appears in 1 contract

Samples: Cash Settled Equity Derivative Transaction (Berenson Acquisition Corp. I)

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