Common use of Trust Fund Waiver Clause in Contracts

Trust Fund Waiver. The Escrow Agent has no right, title, interest, or claim of any kind (“Claim”) in or to any monies in the Trust Account (as defined in that certain Investment Management Trust Agreement, dated as of the date hereof, by and between the Company and Continental Stock Transfer & Trust Company, as trustee of the Trust Account), and hereby waives any Claim it may have in the future in or to any monies in the Trust Account, and hereby agrees not to seek recourse, reimbursement, payment or satisfaction for any Claim against the Trust Account for any reason whatsoever.

Appears in 8 contracts

Samples: Stock Escrow Agreement (MBF Healthcare Acquisition Corp.), Stock Escrow Agreement (Oracle Healthcare Acquisition Corp.), Stock Escrow Agreement (Federal Services Acquisition CORP)

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Trust Fund Waiver. The Escrow Agent has no right, title, interest, or claim of any kind (a “Claim”) in or to any monies in the Trust Account (as defined in that certain Investment Management Trust Agreement, dated as of the date hereof, by and between the Company and Continental Stock Transfer & Trust Company____________________, as trustee of the Trust Account), and hereby waives any Claim it may have in the future in or to any monies in the Trust Account, and hereby agrees not to seek recourse, reimbursement, payment or satisfaction for any Claim against the Trust Account for any reason whatsoever.

Appears in 3 contracts

Samples: Stock Escrow Agreement (Symmetry Holdings Inc), Stock Escrow Agreement (Symmetry Holdings Inc), Stock Escrow Agreement (Symmetry Holdings Inc)

Trust Fund Waiver. The Escrow Agent has no right, title, interest, or claim of any kind ("Claim") in or to any monies in the Trust Account (as defined in that certain Investment Management Trust Agreement, dated as of the date hereof, by and between the Company and Continental Stock Transfer & Trust Company, as trustee of the Trust Account), and hereby waives any Claim it may have in the future in or to any monies in the Trust Account, and hereby agrees not to seek recourse, reimbursement, payment or satisfaction for any Claim against the Trust Account for any reason whatsoever.

Appears in 3 contracts

Samples: Stock Escrow Agreement (Navitas International CORP), Stock Escrow Agreement (Navitas International CORP), Stock Escrow Agreement (Navitas International CORP)

Trust Fund Waiver. The Escrow Agent has no right, title, interest, or claim of any kind (“Claim”) in or to any monies in the Trust Account (as defined in that certain Investment Management Trust Agreement, dated as of the date hereof, 2007 by and between the Company and Continental Stock Transfer & Trust Company, as trustee of the Trust Account), and hereby waives any Claim it may have in the future in or to any monies in the Trust Account, and hereby agrees not to seek recourse, reimbursement, payment or satisfaction for any Claim against the Trust Account for any reason whatsoever.

Appears in 2 contracts

Samples: Stock Escrow Agreement (Shermen WSC Acquisition Corp), Stock Escrow Agreement (Shermen WSC Acquisition Corp)

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Trust Fund Waiver. The Escrow Agent has no right of set-off or any right, title, interest, interest or claim of any kind (“Claim”) in to, or to any monies in the Trust Account (as defined in that certain Investment Management Trust Agreementin, dated as of the date hereof, by and between the Company and Continental Stock Transfer & Trust Company, as trustee of the Trust Account), and hereby waives any Claim it may have in the future in or to any monies in the Trust Account, and hereby agrees not to seek recourse, reimbursement, payment or satisfaction for irrevocably waives any Claim against to, or to any monies in, the Trust Account for any reason whatsoeverthat it may have now or in the future.

Appears in 1 contract

Samples: Sponsor Earnout Escrow Agreement (EdtechX Holdings Acquisition Corp. II)

Trust Fund Waiver. The Escrow Agent has no right, title, interest, or claim of any kind (“Claim”) in or to any monies in the Trust Account (as defined in that certain Investment Management Trust Agreement, dated as of the date hereof[May] [ ], 2006 by and between the Company and Continental Stock Transfer & Trust Company, as trustee of the Trust Account), and hereby waives any Claim it may have in the future in or to any monies in the Trust Account, and hereby agrees not to seek recourse, reimbursement, payment or satisfaction for any Claim against the Trust Account for any reason whatsoever.

Appears in 1 contract

Samples: Stock Escrow Agreement (Shermen WSC Acquisition Corp)

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