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

Waiver of Anti-dilution Protection. Each Class B Shareholder hereby (a) waives, subject to, and conditioned upon, the occurrence of the Closing (for himself, herself or itself and for his, her or its successors and assigns), to the fullest extent permitted by Law and the Governing Documents of ARYA, and (b) agrees not to assert or perfect, any rights to adjustment or other anti-dilution protections with respect to the rate that the ARYA Class B Shares held by him, her or it convert into ARYA Class A Shares in connection with the transactions contemplated by the Business Combination Agreement.

Appears in 2 contracts

Samples: Sponsor Letter Agreement (Amicus Therapeutics, Inc.), Sponsor Letter Agreement (ARYA Sciences Acquisition Corp IV)

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Waiver of Anti-dilution Protection. Each Class B Shareholder Holder hereby (a) waives, subject to, and conditioned upon, the occurrence of the Closing Closing, waives (for himself, herself or itself and itself, for his, her or its successors its, successors, heirs and assigns), ) to the fullest extent permitted by Law of the law and the Governing Documents Amended and Restated Memorandum and Articles of Association of ARYA, and (b) agrees not to assert or perfect, any rights to adjustment or other anti-dilution protections with respect to the rate that the ARYA Class B Shares held by him, her or it convert into ARYA Class A Shares in connection with the transactions contemplated by the Business Combination Agreement.

Appears in 1 contract

Samples: Sponsor Letter Agreement (Arya Sciences Acquisition Corp.)

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Waiver of Anti-dilution Protection. Each Class B Shareholder Holder hereby (a) waives, subject to, and conditioned upon, the occurrence of the Closing (for himself, herself or itself and for his, her or its successors its, successors, heirs and assigns), to the fullest extent permitted by Law law and the Governing Documents Amended and Restated Memorandum and Articles of Association of ARYA, and (b) agrees not to assert or perfect, any rights to adjustment or other anti-dilution protections with respect to the rate that the ARYA Class B Shares held by him, her or it convert into ARYA Class A Shares in connection with the transactions contemplated by the Business Combination Agreement.

Appears in 1 contract

Samples: Sponsor Letter Agreement (ARYA Sciences Acquisition Corp II)

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