Common use of Waiver of Anti-dilution Protection Clause in Contracts

Waiver of Anti-dilution Protection. Sponsor hereby waives, and agrees not to exercise, assert or claim, to the fullest extent permitted by applicable Law, the ability to adjust the Initial Conversion Ratio (as defined in the SPAC Memorandum and Articles of Association) pursuant to and in compliance with Article 18.3 of the SPAC Memorandum and Articles of Association in connection with the Transactions.

Appears in 4 contracts

Samples: Merger Agreement (Silver Crest Acquisition Corp), Merger Agreement (Silver Crest Acquisition Corp), Voting and Support Agreement (TH International LTD)

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Waiver of Anti-dilution Protection. Sponsor hereby waives, and agrees not to exercise, assert or claim, to the fullest extent permitted by applicable Law, the ability to adjust the Initial Conversion Ratio (as defined in the SPAC Memorandum and Articles of Association) pursuant to and in compliance with Article 18.3 17.3 of the SPAC A&R Memorandum and Articles of Association in connection with the Transactions.

Appears in 3 contracts

Samples: Sponsor Support Agreement (Gogoro Inc.), Merger Agreement (Poema Global Holdings Corp.), Sponsor Support Agreement (Poema Global Holdings Corp.)

Waiver of Anti-dilution Protection. Sponsor hereby waives, and agrees not to exercise, assert or claim, to the fullest extent permitted by applicable Law, the ability to adjust the Initial Conversion Ratio (as defined in the SPAC Memorandum and Articles of AssociationCharter) pursuant to and in compliance with Article 18.3 Paragraph 17.3 of the SPAC Memorandum and Articles of Association Charter in connection with the Transactions.

Appears in 3 contracts

Samples: Sponsor Support Agreement, Sponsor Support Agreement (ECARX Holdings Inc.), Sponsor Support Agreement (COVA Acquisition Corp.)

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Waiver of Anti-dilution Protection. Sponsor hereby waives, and agrees not to exercise, assert or claim, to the fullest extent permitted by applicable Law, the ability to adjust any adjustment of the Initial Conversion Ratio (as defined in the SPAC Memorandum and Articles of Association) pursuant to and in compliance with Article 18.3 15 of the SPAC Memorandum and Articles of Association in connection with the Transactions.

Appears in 1 contract

Samples: Lock Up and Support Agreement (Cartica Acquisition Corp)

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