Common use of WAIVER OF CLAIMS TO TRUST ACCOUNT Clause in Contracts

WAIVER OF CLAIMS TO TRUST ACCOUNT. Indemnity hereby agrees that it does not have any right, title, interest or claim of any kind (each, a “Claim”) in or to any monies in the trust account established in connection with the Company’s initial public offering for the benefit of the Company and holders of shares issued in such offering, and hereby waives any Claim it may have in the future as a result of, or arising out of, any services provided to the Company and will not seek recourse against such trust account for any reason whatsoever.

Appears in 14 contracts

Samples: Indemnification Agreement (Dynamics Special Purpose Corp.), Indemnification Agreement (Dynamics Special Purpose Corp.), Indemnification Agreement (Dynamics Special Purpose Corp.)

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WAIVER OF CLAIMS TO TRUST ACCOUNT. Indemnity Notwithstanding anything herein to the contrary, Ixxxxxxxxx hereby agrees that it does not have any right, title, interest or claim of any kind (each, a “Claim”) in or to any monies in the trust account established in connection with the Company’s initial public offering for the benefit of the Company and holders of shares issued in such offering, and hereby waives any Claim it may have in the future as a result of, or arising out of, any services provided to the Company and will not seek recourse against such trust account for any reason whatsoever.

Appears in 6 contracts

Samples: Indemnification Agreement (RF Acquisition Corp II), Indemnification Agreement (RF Acquisition Corp II), Indemnification Agreement (Legato Merger Corp. III)

WAIVER OF CLAIMS TO TRUST ACCOUNT. Indemnity Indemnitee hereby agrees that it does not have any right, title, interest or claim of any kind (each, a “Trust Account Claim”) in or to any monies in the trust account established in connection with the CompanyCorporation’s initial public offering for the benefit of the Company Corporation and holders of shares securities issued in such offering, and hereby waives any Trust Account Claim it may have in the future as a result of, or arising out of, any services provided to the Company Corporation and will not seek recourse against such trust account for any reason whatsoever.

Appears in 1 contract

Samples: Director and Officer Indemnification Agreement (Modern Media Acquisition Corp.)

WAIVER OF CLAIMS TO TRUST ACCOUNT. Indemnity Notwithstanding anything contained herein to the contrary, Indemnitee hereby agrees that it does not have any right, title, interest or claim of any kind (each, a “Claim”) in or to any monies in the trust account established in connection with the Company’s initial public offering for the benefit of the Company and holders of shares issued in such offering, and hereby waives any Claim against such trust account it may have in the future as a result of, or arising out of, any services provided to the Company and will not seek recourse against such trust account for any reason whatsoever.

Appears in 1 contract

Samples: Indemnity Agreement (Liberty Media Acquisition Corp)

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WAIVER OF CLAIMS TO TRUST ACCOUNT. Indemnity Indemnitee hereby agrees that it does not have any right, title, interest or claim of any kind (each, a Claim”) in or to any monies in the trust account established in connection with the Company’s initial public offering for the benefit of the Company and holders of shares issued in such offering, and hereby waives any Claim it may have in the future as a result of, or arising out of, any services provided to the Company and will not seek recourse against such trust account for any reason whatsoever.

Appears in 1 contract

Samples: Indemnification Agreement (Lightjump Acquisition Corp)

WAIVER OF CLAIMS TO TRUST ACCOUNT. Indemnity Indemnitee hereby agrees that it does not have any right, title, interest or claim of any kind (each, a “Claim”) in or to any monies money in the trust account established in connection with the Company’s initial public offering for the benefit of the Company and holders of shares issued in such offering, and hereby waives any Claim it may have in the future as a result of, or arising out of, any services provided to the Company and will not seek recourse against such trust account for any reason whatsoever.

Appears in 1 contract

Samples: Indemnification Agreement (Progress Acquisition Corp.)

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