Common use of Waiver of Interests to the Funds Clause in Contracts

Waiver of Interests to the Funds. The Company will seek to have all vendors, service providers, prospective target businesses, lenders or other entities with which it does business enter into agreements waiving any right, title, interest or claim of any kind in or to any monies held in the Trust Account for the benefit of the Public Stockholders. The Company may forego obtaining such waivers only if the Company shall have received the approval of either of its Co-Chief Executive Officers and President and the Company’s management believes such third party’s engagement would be significantly more beneficial to the Company than any alternative.

Appears in 4 contracts

Samples: Underwriting Agreement (Forum Merger IV Corp), Underwriting Agreement (Forum Merger IV Corp), Underwriting Agreement (Forum Merger III Corp)

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Waiver of Interests to the Funds. The Company will seek to have all vendors, service providersproviders (other than independent accountants), prospective target businesses, lenders or other entities with which it does business enter into agreements waiving any right, title, interest or claim of any kind in or to any monies held in the Trust Account for the benefit of the Public Stockholders. The Company may forego obtaining such waivers only if the Company shall have received the approval of either of its Co-Chief Executive Officers Officer and President and the Company’s management believes such third party’s engagement would be significantly more beneficial to the Company than any alternativePresident.

Appears in 2 contracts

Samples: Underwriting Agreement (Landcadia Holdings, Inc.), Underwriting Agreement (Landcadia Holdings, Inc.)

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