Common use of Trust Fund Waiver Clause in Contracts

Trust Fund Waiver. Notwithstanding anything in this Agreement to the contrary, each underwriter agrees that it does not have any right, title, interest or claim of any kind in or to any monies in the Trust Fund (each a “Claim”) and waives any Claim it may have in the future as a result of, or arising out of, any negotiations, contracts or agreements with the Company and will not seek recourse against the Trust Fund for any reason whatsoever.

Appears in 8 contracts

Samples: Underwriting Agreement (Israel Growth Partners Acquisition Corp.), Underwriting Agreement (Good Harbor Partners Acquisition Corp), Underwriting Agreement (Stoneleigh Partners Acquisition Corp.)

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Trust Fund Waiver. Notwithstanding anything in this Agreement to the contrary, each underwriter Underwriter agrees that it does not have any right, title, interest or claim of any kind in or to any monies in the Trust Fund (each a “Claim”) and waives any Claim it may have in the future as a result of, or arising out of, any negotiations, contracts or agreements with the Company and will not seek recourse against the Trust Fund for any reason whatsoever.

Appears in 8 contracts

Samples: Underwriting Agreement (Stoneleigh Partners Acquisition Corp.), Underwriting Agreement (Stoneleigh Partners Acquisition Corp.), Underwriting Agreement (Stoneleigh Partners Acquisition Corp.)

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