Waiver of Anti-dilution Protection. Such Founder Holder hereby waives, forfeits, surrenders and agrees not to exercise, assert or claim, to the fullest extent permitted by applicable Law, any anti-dilution protection (if any) pursuant to SPAC’s Organizational Documents in connection with the transactions contemplated by this Agreement, the Merger Agreement and the other Additional Agreements. Such Founder Holder acknowledges and agrees that (a) this Section 4.8 shall constitute written consent waiving, forfeiting and surrendering any anti-dilution protection pursuant to SPAC’s Organizational Documents in connection with the transactions contemplated by this Agreement, the Merger Agreement and the other Additional Agreements; and (b) such waiver, forfeiture and surrender granted hereunder shall only terminate upon the termination of this Agreement.
Appears in 2 contracts
Samples: Sponsor Support Agreement (Bayview Acquisition Corp), Sponsor Support Agreement (Alphatime Acquisition Corp)
Waiver of Anti-dilution Protection. Such Founder Holder Each of the Shareholders hereby waives, forfeits, surrenders and agrees not to exercise, assert or claim, to the fullest extent permitted by applicable Law, any anti-dilution protection (if any) pursuant to SPACthe Company’s Organizational Documents in connection with the transactions contemplated by this Agreement, the Merger Agreement and the other Additional Agreements. Such Founder Holder Each Shareholder acknowledges and agrees that (a) this Section 4.8 4.7 shall constitute written consent waiving, forfeiting and surrendering any anti-dilution protection pursuant to SPACthe Company’s Organizational Documents in connection with the transactions contemplated by this Agreement, the Merger Agreement and the other Additional Agreements; Agreements and (b) such waiver, forfeiture and surrender granted hereunder shall only terminate upon the termination of this Agreement.
Appears in 2 contracts
Samples: Company Shareholder Support Agreement (Bayview Acquisition Corp), Shareholder Support Agreement (Alphatime Acquisition Corp)
Waiver of Anti-dilution Protection. Such Founder Holder Each of the Shareholders hereby waives, forfeits, surrenders and agrees not to exercise, assert or claim, to the fullest extent permitted by applicable Law, any anti-dilution protection (if any) pursuant to SPACthe Company’s Organizational Documents in connection with the transactions contemplated by this Agreement, the Merger Business Combination Agreement and the other Additional Ancillary Agreements. Such Founder Holder Each Shareholder acknowledges and agrees that (ai) this Section 4.8 4.6 shall constitute written consent waiving, forfeiting and surrendering any anti-dilution protection pursuant to SPACthe Company’s Organizational Documents in connection with the transactions contemplated by this Agreement, the Merger Business Combination Agreement and the other Additional Ancillary Agreements; and (bii) such waiver, forfeiture and surrender granted hereunder shall only terminate upon the termination of this Agreement.
Appears in 1 contract
Samples: Shareholder Support Agreement (AlphaVest Acquisition Corp.)
Waiver of Anti-dilution Protection. Such Founder Holder Each of the Shareholders hereby waives, forfeits, surrenders and agrees not to exercise, assert or claim, to the fullest extent permitted by applicable Law, any anti-dilution protection (if any) pursuant to SPACthe Company’s Organizational Governing Documents in connection with the transactions contemplated by this Agreement, the Merger Business Combination Agreement and the other Additional Ancillary Agreements. Such Founder Holder Each Shareholder acknowledges and agrees that (ai) this Section 4.8 2.7 shall constitute written consent waiving, forfeiting and surrendering any anti-dilution protection pursuant to SPACthe Company’s Organizational Governing Documents in connection with the transactions contemplated by this Agreement, the Merger Business Combination Agreement and the other Additional Ancillary Agreements; and (bii) such waiver, forfeiture and surrender granted hereunder shall only terminate upon the termination of this Agreement.
Appears in 1 contract
Samples: Transaction Support Agreement (AlphaVest Acquisition Corp.)
Waiver of Anti-dilution Protection. Such Founder Holder hereby waives, forfeits, surrenders and agrees not to exercise, assert or claim, to the fullest extent permitted by applicable Law, any anti-dilution protection (if any) pursuant to SPACPurchaser’s Organizational Documents in connection with the transactions contemplated by this Agreement, the Merger Business Combination Agreement and the other Additional AgreementsAncillary Documents. Such Founder Holder acknowledges and agrees that (ai) this Section 4.8 shall constitute written consent waiving, forfeiting and surrendering any anti-dilution protection pursuant to SPACPurchaser’s Organizational Documents in connection with the transactions contemplated by this Agreement, the Merger Business Combination Agreement and the other Additional AgreementsAncillary Agreement; and (bii) such waiver, forfeiture and surrender granted hereunder shall only terminate upon the termination of this Agreement.
Appears in 1 contract
Samples: Sponsor Support Agreement (AlphaVest Acquisition Corp.)