Common use of Trust Fund Waiver Clause in Contracts

Trust Fund Waiver. Firm 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 in or to any monies in the Trust Account it may have in the future, 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: Administrative Services Agreement (Sports Properties Acquisition Corp.), Administrative Services Agreement (Sports Properties Acquisition Corp.), Office Services Agreement (Oracle Healthcare Acquisition Corp.)

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Trust Fund Waiver. Firm 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 American Stock Transfer & Trust Company, as trustee of the Trust Account), and hereby waives any Claim in or to any monies in the Trust Account it may have in the future, 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: Management and Administrative Services Agreement (National Security Solutions Inc.)

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