Waiver of Anti-dilution Protection. Such Founder Shareholder 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 Charter) pursuant to Article 26 of the SPAC Charter in connection with the Transactions.
Appears in 3 contracts
Samples: Sponsor Support Agreement (Lotus Technology Inc.), Sponsor Support Agreement (Lotus Technology Inc.), Sponsor Support Agreement (L Catterton Asia Acquisition Corp)
Waiver of Anti-dilution Protection. Such Each Founder Shareholder 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 Charter) pursuant to Article 26 17 of the SPAC Charter Articles in connection with the Transactions.
Appears in 1 contract
Samples: Sponsor Support Agreement (Chenghe Acquisition II Co.)