Common use of Waiver of Liquidation Distributions; Redemption Rights Clause in Contracts

Waiver of Liquidation Distributions; Redemption Rights. In connection with the Shares purchased pursuant to this Agreement and, subject to the below, any other Company securities purchased on a private placement basis, 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 (as such term is defined in the Investment Management Trust Agreement to be entered by and between the Company and the trustee thereunder), in the event of a liquidation of the Company upon the Company’s failure to timely complete a business combination.

Waiver of Liquidation Distributions; Redemption Rights. In connection with Solely in respect of the Shares purchased pursuant to this Agreement and, subject to the below, any other Company securities purchased on a private placement basisAgreement, 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 shareholders and into which substantially all of the proceeds of the IPO will be deposited (the “Trust Account (as such term is defined in the Investment Management Trust Agreement to be entered by and between the Company and the trustee thereunderAccount”), in the event of a liquidation of the Company upon the Company’s failure to timely complete a an initial business combination.