Common use of Waiver of Appraisal Rights; Litigation Clause in Contracts

Waiver of Appraisal Rights; Litigation. To the full extent permitted by Law, each Holder hereby irrevocably and unconditionally waives, and agrees not to exercise, any rights of appraisal (including under Section 262 of the Delaware General Corporation Law), any dissenters’ rights and any similar rights relating to the Merger that the Holder may directly or indirectly have by virtue of the ownership of any Shares. Each Holder further agrees not to commence, join in, facilitate, assist or encourage, and agrees to take all actions necessary to opt out of any class in any class action with respect to, any claim, derivative or otherwise, against Parent, Purchaser, Merger Sub, or the Company or any of their respective affiliates and each of their successors or directors relating to the negotiation, execution or delivery of this Agreement or the Business Combination Agreement or the consummation of the transactions contemplated hereby or thereby, including any claim (a) challenging the validity of, or seeking to enjoin the operation of, any provision of this Agreement or (b) alleging a breach of any fiduciary duty of the board of directors of the Company in connection with this Agreement, the Business Combination Agreement or the transactions contemplated hereby or thereby, and hereby irrevocably waives any claim or rights whatsoever with respect to any of the foregoing; provided that the foregoing shall not apply to any claim based on fraud or any breach committed prior to the termination of the Business Combination Agreement.

Appears in 2 contracts

Samples: Business Combination Agreement (Acri Capital Acquisition Corp), Company Stockholder Support Agreement (Acri Capital Acquisition Corp)

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Waiver of Appraisal Rights; Litigation. To the full extent permitted by Lawlaw, each the Holder hereby irrevocably and unconditionally waives, and agrees not to exercise, any rights of appraisal (including under Section 262 of the Delaware General Corporation LawDGCL), any dissenters’ rights and any similar rights relating to the Merger that the Holder may directly or indirectly have by virtue of the ownership of any Shares. Each The Holder further agrees not to commence, join in, facilitate, assist or encourage, and agrees to take all actions necessary to opt out of any class in any class action with respect to, any claim, derivative or otherwise, against Parent, Purchaser, Merger Sub, or the Company or any of their respective affiliates and each of their successors or directors relating to the negotiation, execution or delivery of this Agreement or the Business Combination Merger Agreement or the consummation of the transactions contemplated hereby or thereby, including any claim (a) challenging the validity of, or seeking to enjoin the operation of, any provision of this Agreement or (b) alleging a breach of any fiduciary duty of the board of directors of the Company Board in connection with this Agreement, the Business Combination Merger Agreement or the transactions contemplated hereby or thereby, and hereby irrevocably waives any claim or rights whatsoever with respect to any of the foregoing; provided that the foregoing shall not apply to any claim based on fraud or any breach committed prior to the termination of the Business Combination Agreement.

Appears in 2 contracts

Samples: Voting and Support Agreement, Voting and Support Agreement (Fiserv Inc)

Waiver of Appraisal Rights; Litigation. To the full extent permitted by LawXxx, each Holder the Sponsor hereby irrevocably and unconditionally waives, and agrees not to exercise, any rights of appraisal (including under Section 262 of the Delaware General Corporation Law)appraisal, any dissenters’ rights and any similar rights relating to the Merger that the Holder Sponsor may directly or indirectly have by virtue of the ownership of any Shares. Each Holder The Sponsor further agrees not to commence, join in, facilitate, assist or encourage, and agrees to take all actions necessary to opt out of any class in any class action with respect to, any claim, derivative or otherwise, against Parent, the Purchaser, Merger Sub, or the Company or any of their respective affiliates and each of their successors or directors relating to the negotiation, execution or delivery of this Agreement or the Business Combination Agreement or the consummation of the transactions contemplated hereby or thereby, including any claim (a) challenging the validity of, or seeking to enjoin the operation of, any provision of this Agreement or (b) alleging a breach of any fiduciary duty of the board of directors of the Company in connection with this Agreement, the Business Combination Agreement or the transactions contemplated hereby or thereby, and hereby irrevocably waives any claim or rights whatsoever with respect to any of the foregoing; provided that the foregoing shall not apply to any claim based on fraud or any breach committed prior to the termination of the Business Combination Agreement.

Appears in 2 contracts

Samples: Business Combination Agreement (Acri Capital Acquisition Corp), Sponsor Support Agreement (Acri Capital Acquisition Corp)

Waiver of Appraisal Rights; Litigation. To the full extent permitted by Law, each Holder Existing Equityholder hereby irrevocably and unconditionally waives, and agrees not to exercise, any rights of appraisal (including under Section 262 of the Delaware General Corporation Law)appraisal, any dissenters’ rights and any similar rights relating to the Merger issuance of the Common Units that the Holder Existing Equityholder may directly or indirectly have arising out of or in connection with the transactions contemplated by this Agreement or the Additional Agreements by virtue of the ownership of any SharesExisting Company Interests. Each Holder Existing Equityholder further agrees not to commence, join in, facilitate, assist or encourage, and agrees to take all actions necessary to opt out of encourage any class in any class action with respect to, any claimAction, derivative or otherwise, against ParentBuyer, Purchaser, Merger Sub, Sponsor or the Company or Company, any of their respective affiliates Affiliates, any of the foregoing Persons’ successors, and each any of their successors the foregoing Persons’ directors or directors officers relating to the negotiation, execution or delivery of this Agreement or the Business Combination Agreement Additional Agreements or the consummation of any of the transactions contemplated hereby or thereby, including any claim Action (ax) challenging the validity of, or seeking to enjoin the operation of, any provision of this Agreement or the Additional Agreements or (by) alleging a breach of any fiduciary or similar duty of the board of directors of the Company in connection with this Agreement, the Business Combination Agreement Additional Agreements or the transactions contemplated hereby or thereby, and hereby irrevocably waives any claim or rights whatsoever with respect to any of the foregoing; provided that the foregoing shall not apply to any claim based on fraud or any breach committed prior to the termination of the Business Combination Agreement.

Appears in 1 contract

Samples: Operating Agreement (EG Acquisition Corp.)

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Waiver of Appraisal Rights; Litigation. To the full extent permitted by Lawlaw, each the Holder hereby irrevocably and unconditionally waives, and agrees not to exercise, any rights of appraisal (including under Section 262 of the Delaware General Corporation LawDGCL), any dissenters’ rights and any similar rights relating to the Merger that the Holder may directly or indirectly have by virtue of the ownership of any Shares. Each The Holder further agrees not to commence, join in, facilitate, assist or encourage, and agrees to take all actions necessary to opt out of any class in any class action with respect to, any claim, derivative or otherwise, against Parent, Purchaser, Merger Sub, or the Company or any of their respective affiliates and each of their successors or directors relating to the negotiation, execution or delivery of this Agreement or the Business Combination Merger Agreement or the consummation of the transactions contemplated hereby or thereby, including any claim (a) challenging the validity of, or seeking to enjoin the operation of, any provision of this Agreement or (b) alleging a breach of any fiduciary duty of the board of directors of the Company in connection with this Agreement, the Business Combination Merger Agreement or the transactions contemplated hereby or thereby, and hereby irrevocably waives any claim or rights whatsoever with respect to any of the foregoing; provided that the foregoing shall not apply to any claim based on fraud or any breach committed prior to the termination of the Business Combination Agreement.

Appears in 1 contract

Samples: Shareholder Support Agreement (Tottenham Acquisition I LTD)

Waiver of Appraisal Rights; Litigation. To the full extent permitted by Lawlaw, each Holder the Holders hereby irrevocably and unconditionally waiveswaive, and agrees agree not to exercise, any rights of appraisal (including under Section 262 of the Delaware General Corporation Law)appraisal, any dissenters’ rights and any similar rights relating to the Merger that the Holder Holders may directly or indirectly have by virtue of the ownership of any Shares. Each Holder The Holders further agrees agree not to commence, join in, facilitate, assist or encourage, and agrees to take all actions necessary to opt out of any class in any class action with respect to, any claim, derivative or otherwise, against Parent, Purchaser, Merger Sub, or the Company or any of their respective affiliates and each of their successors or directors relating to the negotiation, execution or delivery of this Agreement or the Business Combination Merger Agreement or the consummation of the transactions contemplated hereby or thereby, including any claim (a) challenging the validity of, or seeking to enjoin the operation of, any provision of this Agreement or (b) alleging a breach of any fiduciary duty of the board of directors of the Company in connection with this Agreement, the Business Combination Merger Agreement or the transactions contemplated hereby or thereby, and hereby irrevocably waives any claim or rights whatsoever with respect to any of the foregoing; provided that the foregoing shall not apply to any claim based on fraud or any breach committed prior to the termination of the Business Combination Agreement.

Appears in 1 contract

Samples: Shareholder Support Agreement (Ace Global Business Acquisition LTD)

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