Waiver of Liquidation Distributions; Redemption Rights. In connection with the Shares purchased pursuant to this Agreement, the Subscriber hereby waives any and all right, title, interest or claim of any kind in or to any distributions by the Company from the trust account which will be established for the benefit of the Company’s public stockholders and into which substantially all of the proceeds of the IPO will be deposited (the “Trust Account”), in the event of a liquidation of the Company upon the Company’s failure to timely complete an initial business combination. For purposes of clarity, in the event the Subscriber purchases shares of Class A common stock in the IPO or in the aftermarket, any additional Shares of Class A common stock so purchased shall be eligible to receive any liquidating distributions by the Company. However, in no event will the Subscriber have the right to redeem any shares of common stock into funds held in the Trust Account upon the successful completion of an initial business combination.
Appears in 15 contracts
Samples: Securities Subscription Agreement (Global Star Acquisition Inc.), Securities Subscription Agreement (PROTONIQ Acquisition Corp), Securities Subscription Agreement (Global Star Acquisition Inc.)
Waiver of Liquidation Distributions; Redemption Rights. In connection with the Shares purchased pursuant to this Agreement, the Subscriber hereby waives any and all right, title, interest or claim of any kind in or to any distributions by the Company from the trust account account, which will be established for the benefit of the Company’s public stockholders and into which substantially all of the proceeds of the IPO will be deposited (the “Trust Account”), in the event of a liquidation of the Company upon the Company’s failure to timely complete an initial business combination. For purposes of clarity, in the event the Subscriber purchases Units in the IPO or shares of Class A common stock in the IPO or Common Stock in the aftermarket, any additional Shares shares of Class A common stock Common Stock included in the Units or shares of Class A Common Stock so purchased shall be eligible to receive any liquidating distributions by the Company. However, in no event will the Subscriber have the right to redeem any shares of common stock Shares into funds held in the Trust Account upon the successful completion of an initial business combination.
Appears in 12 contracts
Samples: Securities Subscription Agreement (LAVA Medtech Acquisition Corp.), Securities Subscription Agreement (FTAC Emerald Acquisition Corp.), Securities Subscription Agreement (Athena Technology Acquisition Corp. II)
Waiver of Liquidation Distributions; Redemption Rights. In connection with the Shares purchased pursuant to this Agreement, the Subscriber hereby waives any and all right, title, interest or claim of any kind in or to any distributions by the Company from the trust account which will be established for the benefit of the Company’s public stockholders and into which substantially all of the proceeds of the IPO will be deposited (the “Trust Account”), in the event of a liquidation of the Company upon the Company’s failure to timely complete an initial business combination. For purposes of clarity, in the event the Subscriber purchases shares of Class A common stock securities in the IPO or in the aftermarket, any additional Shares shares of Class A common stock Common Stock so purchased shall be eligible to receive any liquidating distributions by the Company. However, in no event will the Subscriber have the right to redeem any shares of common stock Common Stock held by it into funds held in the Trust Account upon the successful completion of an initial business combination.
Appears in 10 contracts
Samples: Securities Subscription Agreement (USA Acquisition Corp.), Securities Subscription Agreement (AxonPrime Infrastructure Acquisition Corp), Securities Subscription Agreement (Venice Brands Acquisition Corp. I)
Waiver of Liquidation Distributions; Redemption Rights. In connection with the Shares purchased pursuant to this Agreement, the Subscriber hereby waives any and all right, title, interest or claim of any kind in or to any distributions by the Company from the trust account which will be established for the benefit of the Company’s public stockholders shareholders and into which substantially all of the proceeds of the IPO will be deposited (the “Trust Account”), in the event of a liquidation of the Company upon the Company’s failure to timely complete an initial business combination. For purposes of clarity, in the event the Subscriber purchases shares of Class A common stock ordinary shares in the IPO or in the aftermarket, any additional Shares of Class A common stock so purchased shall be eligible to receive any liquidating distributions by the Company. However, in no event will the Subscriber have the right to redeem any Class A ordinary shares of common stock into funds held in the Trust Account upon the successful completion of an initial business combination.
Appears in 6 contracts
Samples: Securities Subscription Agreement (Genesis Growth Tech Acquisition Corp.), Securities Subscription Agreement (Keyarch Acquisition Corp), Securities Subscription Agreement (Genesis Growth Tech Acquisition Corp.)
Waiver of Liquidation Distributions; Redemption Rights. In connection with the Shares purchased pursuant to this Agreement, the Subscriber hereby waives any and all right, title, interest or claim of any kind in or to any distributions by the Company from the trust account which will be established for the benefit of the Company’s public stockholders shareholders and into which substantially all of the proceeds of the IPO will be deposited (the “Trust Account”), in the event of a liquidation of the Company upon the Company’s failure to timely complete an initial business combination. For purposes of clarity, in the event the Subscriber purchases shares of Class A common stock securities in the IPO or in the aftermarket, any additional Shares of Class A common stock Ordinary Shares so purchased shall be eligible to receive any liquidating distributions by the Company. However, in no event will the Subscriber have the right to redeem any shares of common stock into Ordinary Shares held by it in exchange for funds held in the Trust Account upon the successful completion of an initial business combination.
Appears in 5 contracts
Samples: Securities Subscription Agreement (Rithm Acquisition Corp.), Securities Subscription Agreement (Rithm Acquisition Corp.), Securities Subscription Agreement (Oaktree Acquisition Corp. III Life Sciences)
Waiver of Liquidation Distributions; Redemption Rights. In connection with the Shares purchased pursuant to this Agreement, the Subscriber hereby waives any and all right, title, interest or claim of any kind in or to any distributions by the Company from the trust account which will be established for the benefit of the Company’s public stockholders and into which substantially all of the proceeds of the IPO will be deposited (the “Trust Account”), in the event of a liquidation of the Company upon the Company’s failure to timely complete an initial business combination. For purposes of clarity, in the event the Subscriber purchases shares of Class A common stock in the IPO or in the aftermarket, any such additional Shares of Class A common stock so purchased shares shall be eligible to receive any liquidating distributions by the Company. However, in no event will the Subscriber have the right to redeem any shares of common stock into funds held in the Trust Account upon the successful completion of an initial business combination.
Appears in 4 contracts
Samples: Securities Subscription Agreement (Minority Equality Opportunities Acquisition Inc.), Securities Subscription Agreement (G3 VRM Acquisition Corp.), Securities Subscription Agreement (LMF Acquisition Opportunities Inc)
Waiver of Liquidation Distributions; Redemption Rights. In connection with the Shares purchased pursuant to this Agreement, the Subscriber hereby waives any and all right, title, interest or claim of any kind in or to any distributions by the Company from the trust account which will be established for the benefit of the Company’s public stockholders and into which substantially all of the proceeds of the IPO will be deposited (the “Trust Account”), in the event of a liquidation of the Company upon the Company’s failure to timely complete an initial business combination. For purposes of clarity, in the event the Subscriber purchases shares of Class A common stock in the IPO or in the aftermarket, any additional Shares shares of Class A common stock so purchased shall be eligible to receive any liquidating distributions by the Company. However, in no event will the Subscriber have the right to redeem any shares of common stock Common Stock into funds held in the Trust Account upon the successful completion of an initial business combination.
Appears in 4 contracts
Samples: Securities Subscription Agreement (Namaste World Acquisition Corp), Securities Subscription Agreement (Namaste World Acquisition Corporation), Securities Subscription Agreement (Atlantic Coastal Acquisition Corp.)
Waiver of Liquidation Distributions; Redemption Rights. In connection with the Shares subscribed for and purchased pursuant to this Agreement, the Subscriber hereby waives any and all right, title, interest or claim of any kind in or to any distributions by the Company from the trust account which will be established for the benefit of the Company’s public stockholders and into which substantially all of the proceeds of the IPO will be deposited (the “Trust Account”), in the event of a liquidation of the Company upon the Company’s failure to timely complete an initial business combination. For purposes of clarity, in the event the Subscriber purchases shares of Class A common stock securities in the IPO or in the aftermarket, any additional Shares of Class A common stock shares so purchased shall be eligible to receive any liquidating distributions by the Company. However, in no event will the Subscriber have the right to redeem any Shares or Class A common shares of common stock into funds held in the Trust Account upon the successful completion of an initial business combination.
Appears in 3 contracts
Samples: Securities Subscription Agreement (Direct Selling Acquisition Corp.), Securities Subscription Agreement (dMY Technology Group, Inc. VI), Securities Subscription Agreement (AdMY Technology Group, Inc.)
Waiver of Liquidation Distributions; Redemption Rights. In connection with the Shares purchased pursuant to this Agreement, the Subscriber hereby waives any and all right, title, interest or claim of any kind in or to any distributions by the Company from the trust account which will be established for the benefit of the Company’s public stockholders and into which substantially all of the proceeds of the IPO will be deposited (the “Trust Account”), in the event of a liquidation of the Company upon the Company’s failure to timely complete an initial business combination. For purposes of clarity, in the event the Subscriber purchases shares of Class A common stock of the Company in the IPO or in the aftermarketaftermarket (the “Public Shares”), any additional Public Shares of Class A common stock so purchased shall be eligible to receive any liquidating distributions by the Company. However, in no event will the Subscriber have the right to redeem any shares of common stock Shares into funds held in the Trust Account upon the successful completion of an initial business combination.
Appears in 2 contracts
Samples: Securities Subscription Agreement (Bilander Acquisition Corp.), Securities Subscription Agreement (Galliot Acquisition Corp.)
Waiver of Liquidation Distributions; Redemption Rights. In connection with the Shares purchased pursuant to this Agreement, the Subscriber hereby waives any and all right, title, interest or claim of any kind in or to any distributions by the Company from the trust account which will be established for the benefit of the Company’s public stockholders and into which substantially all of the proceeds of the IPO will be deposited (the “Trust Account”), in the event of a liquidation of the Company upon the Company’s failure to timely complete an initial business combination. For purposes of clarity, in the event the Subscriber purchases any shares of Class A common stock Common Stock in the IPO or in the aftermarket, any additional Shares shares of Class A common stock Common Stock so purchased shall be eligible to receive any liquidating distributions by the Company. However, in no event will the Subscriber have the right to redeem any shares of common stock into Shares for funds held in the Trust Account upon the successful completion of an initial business combinationcombination by the Company.
Appears in 2 contracts
Samples: Securities Subscription Agreement (Riverview Acquisition Corp.), Securities Subscription Agreement (Riverview Acquisition Corp.)
Waiver of Liquidation Distributions; Redemption Rights. In connection with the Shares purchased pursuant to this Agreement, the Subscriber hereby waives any and all right, title, interest or claim of any kind in or to any distributions by the Company from the trust account which will be established for the benefit of the Company’s public stockholders and into which substantially all of the proceeds of the IPO will be deposited (the “Trust Account”), in the event of a liquidation of the Company upon the Company’s failure to timely complete an initial business combination. For purposes of clarity, in the event the Subscriber purchases any shares of Class A common stock Common Stock in the IPO or in the aftermarket, any additional Shares shares of Class A common stock Common Stock so purchased shall be eligible to receive any liquidating distributions by the Company. However, in no event will the Subscriber have the right to redeem any shares of common stock Common Stock held by it into funds held in the Trust Account upon the successful completion of an initial business combination.
Appears in 2 contracts
Samples: Securities Subscription Agreement (First Light Acquisition Group, Inc.), Securities Subscription Agreement (First Light Acquisition Group, Inc.)
Waiver of Liquidation Distributions; Redemption Rights. In connection with the Founder Shares purchased pursuant to this Agreement, the Subscriber hereby waives any and all right, title, interest or claim of any kind in or to any distributions by the Company from the trust account which will be established for the benefit of the Company’s public stockholders and into which substantially all of the proceeds of the IPO will be deposited (the “Trust Account”), in the event of a liquidation of the Company upon the Company’s failure to timely complete an initial business combination. For purposes of clarity, in the event the Subscriber purchases shares of Class A common stock securities in the IPO or in the aftermarket, any additional Shares shares of Class Series A common stock Common Stock so purchased shall be eligible to receive any liquidating distributions by the Company. However, in no event will the Subscriber have the right to redeem any shares of common stock Common Stock held by it into funds held in the Trust Account upon the successful completion of an initial business combination.
Appears in 1 contract
Samples: Securities Subscription Agreement (Liberty Media Acquisition Corp)
Waiver of Liquidation Distributions; Redemption Rights. In connection with the Shares purchased pursuant to this Agreement, the Subscriber hereby waives any and all right, title, interest or claim of any kind in or to any distributions by the Company from the trust account which will be established for the benefit of the Company’s public stockholders and into which substantially all of the proceeds of the IPO will be deposited (the “Trust Account”), in the event of a liquidation of the Company upon the Company’s failure to timely complete an initial business combination. For purposes of clarity, in the event the Subscriber purchases shares of Class A common stock in the IPO or in the aftermarket, any additional Shares such shares of Class A common stock so purchased shall be eligible to receive any liquidating distributions by the Company. However, in no event will the Subscriber have the right to redeem any shares of common stock into funds held in the Trust Account upon the successful completion of an initial business combination.
Appears in 1 contract
Samples: Securities Subscription Agreement (Newbury Street Acquisition Corporation)
Waiver of Liquidation Distributions; Redemption Rights. In connection with the Shares purchased pursuant to this Agreement, the Subscriber hereby waives any and all right, title, interest or claim of any kind in or to any distributions by the Company from the trust account which will be established for the benefit of the Company’s public stockholders shareholders and into which substantially all of the proceeds of the IPO will be deposited (the “Trust Account”), in the event of a liquidation of the Company upon the Company’s failure to timely complete an initial business combination. For purposes of clarity, in the event the Subscriber purchases ordinary shares of Class A common stock the Company in the IPO or in the aftermarket, any additional Shares of Class A common stock ordinary shares in the Company so purchased shall be eligible to receive any liquidating distributions by the Company. However, in no event will the Subscriber have the right to redeem any shares of common stock Shares into funds held in the Trust Account upon the successful completion of an initial business combination.
Appears in 1 contract
Samples: Securities Subscription Agreement (Atlantic Alliance Partnership Corp.)
Waiver of Liquidation Distributions; Redemption Rights. In connection with the Shares purchased subscribed for pursuant to this Agreement, the Subscriber hereby waives any and all right, title, interest or claim of any kind in or to any distributions by the Company from the trust account which will be established for the benefit of the Company’s public stockholders shareholders and into which substantially all of the proceeds of the IPO will be deposited (the “Trust Account”), in the event of a liquidation of the Company upon the Company’s failure to timely complete an initial business combination. For purposes of clarity, in the event the Subscriber purchases ordinary shares of Class A common stock or units in the IPO or in the aftermarket, any additional Shares of Class A common stock so purchased shall be eligible to receive any liquidating distributions by the Company. However, in no event will the Subscriber have the right to redeem any ordinary shares of common stock into for funds held in the Trust Account upon the successful completion of an initial business combination.
Appears in 1 contract
Samples: Securities Subscription Agreement (EQV Ventures Acquisition Corp.)
Waiver of Liquidation Distributions; Redemption Rights. In connection with the Shares purchased subscribed for pursuant to this Agreement, the Subscriber hereby waives any and all right, title, interest or claim of any kind in or to any distributions by the Company from the trust account which will be established for the benefit of the Company’s public stockholders shareholders and into which substantially all of the proceeds of the IPO will be deposited (the “Trust Account”), in the event of a liquidation of the Company upon the Company’s failure to timely complete an initial business combination. For purposes of clarity, in the event the Subscriber purchases shares of Class A common stock securities in the IPO or in the aftermarket, any additional Shares of Class A common stock Shares so purchased shall be eligible to receive any liquidating distributions by the Company. However, in no event will the Subscriber have the right to redeem any shares of common stock Ordinary Shares held by it into funds held in the Trust Account upon the successful completion of an initial business combination.
Appears in 1 contract
Samples: Securities Subscription Agreement (Panacea Acquisition Corp. II)
Waiver of Liquidation Distributions; Redemption Rights. In connection with the Shares purchased pursuant to this Agreement, the Subscriber hereby waives any and all right, title, interest or claim of any kind in or to any distributions by the Company from the trust account which will be established for the benefit of the Company’s public stockholders shareholders and into which substantially all of the proceeds of the IPO will be deposited (the “Trust Account”), in the event of a liquidation of the Company upon the Company’s failure to timely complete an initial business combination. For purposes of clarity, in the event the Subscriber purchases shares of Class A common stock ordinary shares in the IPO or in the aftermarket, any additional Shares of Class A common stock ordinary shares so purchased shall be eligible to receive any liquidating distributions by the Company. However, in no event will the Subscriber have the right to redeem any ordinary shares of common stock into funds held in the Trust Account upon the successful completion of an initial business combination.
Appears in 1 contract
Samples: Securities Subscription Agreement (Fat Projects Acquisition Corp)
Waiver of Liquidation Distributions; Redemption Rights. In connection with the Shares purchased pursuant to this Agreement, the Subscriber hereby waives any and all right, title, interest or claim of any kind in or to any distributions by the Company from the trust account which will be established for the benefit of the Company’s public stockholders and into which substantially all of the proceeds of the IPO will be deposited (the “Trust Account”), in the event of a liquidation of the Company upon the Company’s failure to timely complete an initial business combination. For purposes of clarity, in the event the Subscriber purchases shares of Class A common stock in the IPO or in the aftermarket, any additional Shares shares of Class A common stock so purchased shall be eligible to receive any liquidating distributions by the Company. However, in no event will the Subscriber have the right to redeem any shares of common stock into funds held in the Trust Account upon the successful completion of an initial business combination.
Appears in 1 contract
Samples: Securities Subscription Agreement (Digital World Acquisition Corp.)
Waiver of Liquidation Distributions; Redemption Rights. In connection with the Shares purchased pursuant to this Agreement, the Subscriber hereby waives any and all right, title, interest or claim of any kind in or to any distributions by the Company from the trust account which will be established for the benefit of the Company’s public stockholders and into which substantially all of the proceeds of the IPO will be deposited (the “Trust Account”), in the event of a liquidation of the Company upon the Company’s failure to timely complete an initial business combination. For purposes of clarity, in the event the Subscriber purchases shares of Class Series A common stock in the IPO or in the aftermarket, any additional Shares shares of Class Series A common stock so purchased shall be eligible to receive any liquidating distributions by the Company. However, in no event will the Subscriber have the right to redeem any shares of common stock Common Stock into funds held in the Trust Account upon the successful completion of an initial business combination.
Appears in 1 contract
Samples: Securities Subscription Agreement (Atlantic Coastal Acquisition Corp. II)