Trust Waiver. Notwithstanding anything herein to the contrary, the Payee hereby waives any right, title, interest or claim of any kind (“Claim”) in or to any distribution of or from 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; provided, however, that if the Maker completes a Business Combination, the Maker shall repay the principal balance of this Note, which may be out of the proceeds released to the Maker from the Trust Account.
Appears in 19 contracts
Samples: Expense Advance Agreement (CF Acquisition Corp. A), Expense Advancement Agreement (Atlantic Coastal Acquisition Corp. II), Expense Reimbursement Agreement (CF Acquisition Corp. VII)
Trust Waiver. Notwithstanding anything herein to the contrary, the Payee hereby waives any right, title, interest or claim of any kind (“Claim”) Claim in or to any distribution of or from 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; provided, however, that if the Maker completes a its Business Combination, the Maker shall repay the principal balance of this Note, which may be Note out of the proceeds released to the Maker from the Trust Account.
Appears in 4 contracts
Samples: Expense Advancement Agreement (Hydra Industries Acquisition Corp.), Expense Advancement Agreement (Hydra Industries Acquisition Corp.), Expense Advancement Agreement (Terrapin 3 Acquisition Corp)
Trust Waiver. Notwithstanding anything herein to the contrary, the Payee hereby waives any right, title, interest or claim of any kind (“Claim”) in or to any distribution of or from the trust account of the Company (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; provided, however, that if the Maker completes a Business Combination, the Maker shall repay the principal balance of this Note, which may be out of the proceeds released to the Maker from the Trust Account.
Appears in 1 contract
Samples: Expense Advancement Agreement (Atlantic Coastal Acquisition Corp. II)
Trust Waiver. Notwithstanding anything herein to the contrary, the Payee hereby waives any right, title, interest or claim of any kind (“"Claim”") in or to any distribution of or from 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; provided, however, that if the Maker completes a Business Combination, the Maker shall repay the principal balance of this Note, which may be out of the proceeds released to the Maker from the Trust Account.
Appears in 1 contract
Samples: Expense Advancement Agreement (CF Acquisition Corp. VI)
