Trust Waiver. Notwithstanding anything herein to the contrary, the Payee hereby waives any and all right, title, interest or claim of any kind (“Claim”) in or to any amounts contained in the trust account in which the proceeds of the initial public offering (the “IPO”) conducted by the Maker and the proceeds of the sale of securities in a private placement to occur prior to the effectiveness of the IPO, as described in greater detail in the registration statement and prospectus to be filed with the Securities and Exchange Commission in connection with the IPO, will be placed, and xxxxxx agrees not to seek recourse, reimbursement, payment or satisfaction for any Claim from the trust account or any distribution therefrom for any reason whatsoever.
Appears in 6 contracts
Samples: Promissory Note (SPAC III Acquisition Corp.), Promissory Note (Lakeshore Acquisition II Corp.), Promissory Note (LBBB Merger Corp.)
Trust Waiver. Notwithstanding anything herein to the contrary, the Payee Holder hereby waives any and all right, title, interest or claim of any kind (“Claim”) in or to any amounts contained in distribution of or from the trust account in into which the proceeds of the Company’s initial public offering (the “IPO”) conducted by the Maker and the proceeds of the sale of securities the warrants issued in a the private placement to occur prior to in connection with the effectiveness consummation of the IPOinitial public offering were deposited, as described in greater detail in the registration statement and prospectus to be filed by the Company with the Securities and Exchange Commission in connection with the IPO, will be placedinitial public offering, and xxxxxx agrees not to seek recourse, reimbursement, payment or satisfaction for any Claim from against the trust account or any distribution therefrom for any reason whatsoever.
Appears in 2 contracts
Samples: Convertible Security Agreement (Chavant Capital Acquisition Corp.), Convertible Security Agreement (Chavant Capital Acquisition Corp.)
Trust Waiver. Notwithstanding anything herein to the contrary, the Payee hereby waives any and all right, title, interest or claim of any kind (“"Claim”") in or to any amounts contained in distribution of the trust account in which the proceeds of the initial public offering (the “"IPO”") conducted by the Maker and the proceeds of the sale of the securities issued in a private placement to occur prior to be consummated concurrently with the effectiveness completion of the IPOinitial business combination of the Maker, as described in greater detail in the registration statement and prospectus to be filed with the Securities and Exchange Commission in connection with the IPO, will be placeddeposited, and xxxxxx hereby agrees not to seek recourse, reimbursement, payment or satisfaction for any Claim from against the trust account or any distribution therefrom for any reason whatsoever.
Appears in 2 contracts
Samples: Expense Advancement Agreement (COMMITTED CAPITAL ACQUISITION Corp), Expense Advancement Agreement (COMMITTED CAPITAL ACQUISITION Corp)
Trust Waiver. Notwithstanding anything herein to the contrary, the Payee hereby waives any and all right, title, interest or claim of any kind (“"Claim”") in or to any amounts contained in distribution of the trust account in which the proceeds of the initial public offering (the “"IPO”") conducted by the Maker and the proceeds of the sale of the securities issued in a private placement to occur prior to the effectiveness of the IPO, as described in greater detail in the registration statement and prospectus to be filed with the Securities and Exchange Commission in connection with the IPO, will be placed, and xxxxxx agrees not to seek recourse, reimbursement, payment or satisfaction for any Claim from against the trust account or any distribution therefrom for any reason whatsoever.
Appears in 1 contract
Samples: Promissory Note (COMMITTED CAPITAL ACQUISITION Corp)
Trust Waiver. Notwithstanding anything herein to the contrary, the Payee hereby waives any and all right, title, interest or claim of any kind (“"Claim”") in or to any amounts contained in distribution of the trust account in which the proceeds of the initial public offering (the “"IPO”") conducted by the Maker and the proceeds of the sale of the securities issued in a private placement to occur prior to be consummated concurrently with the effectiveness completion of the IPOinitial business combination of the Maker, as described in greater detail in the registration statement and prospectus to be filed with the Securities and Exchange Commission in connection with the IPO, will be placeddeposited, and xxxxxx agrees not to seek recourse, reimbursement, payment or satisfaction for any Claim from against the trust account or any distribution therefrom for any reason whatsoever.
Appears in 1 contract
Samples: Promissory Note (COMMITTED CAPITAL ACQUISITION Corp)
Trust Waiver. Notwithstanding anything herein to the contrary, the Payee hereby waives any and all right, title, interest or claim of any kind (“Claim”) in or to any amounts contained in the trust account in which the proceeds of the initial public offering (the “IPO”) conducted by the Maker and the proceeds of the sale of securities in a private placement to occur prior to the effectiveness of the IPO, as described in greater detail in the registration statement and prospectus to be filed with the Securities and Exchange Commission in connection with the IPO, will be placed, and xxxxxx hereby agrees not to seek recourse, reimbursement, payment or satisfaction for any Claim from the trust account or any distribution therefrom for any reason whatsoever.
Appears in 1 contract
Samples: Underwriting Agreement (Chardan Healthcare Acquisition Corp.)
Trust Waiver. Notwithstanding anything herein to the contrary, the Payee Buyer hereby waives any and all right, title, interest or claim of any kind (“Claim”) in or to any amounts contained in distribution of or from the trust account established in which the proceeds of the initial public offering (the “IPO”) IPO conducted by the Maker Company (including the deferred underwriters discounts and commissions) and the proceeds of the sale of securities the warrants issued in a private placement to occur prior to in connection with the effectiveness of IPO were deposited (the IPO“Trust Account”), as described in greater detail in the registration statement and prospectus to be filed with the Securities and Exchange Commission SEC in connection with the IPO, will be placed, and xxxxxx agrees not to seek recourse, reimbursement, payment or satisfaction for any Claim from against the trust account or any distribution therefrom for any reason whatsoever.
Appears in 1 contract
Samples: Preferred Stock Purchase Agreement (Perception Capital Corp. IV)
Trust Waiver. Notwithstanding anything herein to the contrary, the Payee hereby waives any and all right, title, interest or claim of any kind (“Claim”) in or to any amounts contained in the trust account in which the proceeds of the initial public offering (the “IPO”) conducted by the Maker and the proceeds of the sale of securities in a private placement to occur prior to the effectiveness of the IPO, as described in greater detail in the registration statement and prospectus to be filed with the Securities and Exchange Commission in connection with the IPO, will be placed, and xxxxxx hxxxxx agrees not to seek recourse, reimbursement, payment or satisfaction for any Claim from the trust account or any distribution therefrom for any reason whatsoever.
Appears in 1 contract
Samples: Promissory Note (Health Sciences Acquisitions Corp)
Trust Waiver. Notwithstanding anything herein to the contrary, the Payee hereby waives any and all right, title, interest or claim of any kind (“"Claim”") in or to any amounts contained in distribution of the trust account in which the proceeds of the initial public offering (the “"IPO”") conducted by the Maker and the proceeds of the sale of the securities issued in a private placement to occur prior to be consummated concurrently with the effectiveness completion of the IPOinitial business combination of the Maker, as described in greater detail in the registration statement and prospectus to be filed with the Securities and Exchange Commission in connection with the IPO, will be placeddeposited, and xxxxxx hereby agrees not to seek recourse, reimbursement, payment or satisfaction for any Claim from against the trust account or any distribution therefrom for any reason whatsoever.”
Appears in 1 contract
Samples: Promissory Note (COMMITTED CAPITAL ACQUISITION Corp)
Trust Waiver. Notwithstanding anything herein to the contrary, the Payee hereby waives any and all right, title, interest or claim of any kind (“Claim”) in or to any amounts contained in the trust account in which the proceeds of the initial public offering (the “IPO”) conducted by the Maker and the proceeds of the sale of securities in a private placement to occur prior to the effectiveness of the IPO, as described in greater detail in the registration statement and prospectus to be filed with the Securities and Exchange Commission in connection with the IPO, will were be placed, and xxxxxx agrees not to seek recourse, reimbursement, payment or satisfaction for any Claim from the trust account or any distribution therefrom for any reason whatsoever.
Appears in 1 contract