Common use of Waiver of Liquidation Distributions Clause in Contracts

Waiver of Liquidation Distributions. In connection with the Placement Units purchased pursuant to this Agreement, the Purchasers hereby waive any and all right, title, interest or claim of any kind in or to any liquidating distributions by the Company in the event of a liquidation of the Company upon the Company's failure to timely complete a Business Combination. For purposes of clarity, any shares of Common Stock purchased in the IPO or the aftermarket by the Purchasers shall be eligible to receive any liquidating distributions by the Company.

Appears in 13 contracts

Samples: Placement Unit Agreement (Affinity Media International Corp.,), Placement Unit Agreement (Affinity Media International Corp.,), Placement Unit Agreement (Industrial Services Acquisition Corp.)

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Waiver of Liquidation Distributions. In connection with the Placement Units purchased pursuant to this Agreement, the Purchasers hereby waive any and all right, title, interest or claim of any kind in or to any liquidating distributions by the Company in the event of a liquidation of the Company upon the Company's ’s failure to timely complete a Business Combination. For purposes of clarity, any shares of Common Stock purchased in the IPO or the aftermarket by the Purchasers shall be eligible to receive any liquidating distributions by the Company.

Appears in 7 contracts

Samples: Unit Placement Agreement (JK Acquisition Corp.), Private Placement Unit Purchase Agreement (Acquicor Technology Inc), Unit Placement Agreement (Spickelmier Keith D)

Waiver of Liquidation Distributions. In connection with the Placement Units Securities purchased pursuant to this Agreement, the Purchasers Investor hereby waive waives any and all right, title, interest or claim of any kind in or to any liquidating distributions by the Company in the event of a liquidation of the Company upon the Company's failure to timely complete a Business Combination. For purposes of clarity, any shares of Common Stock purchased Combination (as defined in the IPO or the aftermarket by the Purchasers shall be eligible to receive any liquidating distributions by the Company’s Second Amended and Restated Certificate of Incorporation).

Appears in 7 contracts

Samples: Note and Warrant Acquisition Agreement (Argyle Security Acquisition CORP), Note and Warrant Acquisition Agreement (Argyle Security Acquisition CORP), Note and Warrant Acquisition Agreement (Argyle Security Acquisition CORP)

Waiver of Liquidation Distributions. In connection with the Placement Units Warrants purchased pursuant to this Agreement, the Purchasers Purchaser hereby waive waives any and all right, title, interest or claim of any kind in or to any liquidating distributions by the Company in the event of a liquidation of the Company upon the Company's ’s failure to timely complete a Business Combination. For purposes of clarity, any shares of Common Stock common stock purchased in the IPO or the aftermarket by the Purchasers Purchaser shall be eligible to receive any liquidating distributions by the Company.

Appears in 6 contracts

Samples: Placement Warrant Purchase Agreement (Selway Capital Acquisition Corp.), Placement Warrant Purchase Agreement (Selway Capital Acquisition Corp.), Placement Warrant Purchase Agreement (Selway Capital Acquisition Corp.)

Waiver of Liquidation Distributions. In connection with the Placement Units Warrants purchased pursuant to this Agreement, the Purchasers hereby waive any and all right, title, interest or claim of any kind in or to any liquidating distributions by the Company in the event of a liquidation of the Company upon the Company's ’s failure to timely complete a Business Combination. For purposes of clarity, any shares of Common Stock Ordinary Shares purchased in the IPO or the aftermarket by the Purchasers shall be eligible to receive any liquidating distributions by the Company.

Appears in 4 contracts

Samples: Placement Warrant Purchase Agreement (Prime Acquisition Corp), Placement Warrant Purchase Agreement (Prime Acquisition Corp), Placement Warrant Purchase Agreement (Spring Creek Acquisition Corp.)

Waiver of Liquidation Distributions. In connection with the Placement Units Warrants purchased pursuant to this Agreement, the Purchasers hereby waive any and all right, title, interest or claim of any kind in or to any liquidating distributions by the Company in the event of a liquidation of the Company upon the Company's ’s failure to timely complete a Business Combinationan Acqusitiion Transaction. For purposes of clarity, any ordinary shares of Common Stock purchased in the IPO or the aftermarket by the Purchasers shall be eligible to receive any liquidating distributions by the Company.

Appears in 3 contracts

Samples: Placement Warrant Purchase Agreement (CIS Acquisition Ltd.), Placement Warrant Purchase Agreement (CIS Acquisition Ltd.), Placement Warrant Purchase Agreement (CIS Acquisition Ltd.)

Waiver of Liquidation Distributions. In connection with the Placement Units Warrants purchased pursuant to this Agreement, the Purchasers hereby waive waives any and all right, title, interest or claim of any kind in or to any liquidating distributions by the Company in the event of a liquidation of the Company upon the Company's ’s failure to timely complete a Business Combination. For purposes of clarity, any shares of Common Stock purchased in the IPO or the aftermarket by the Purchasers shall be eligible to receive any liquidating distributions by the Company.

Appears in 3 contracts

Samples: Warrant Placement Agreement (Energy Services Acquisition Corp.), Warrant Placement Agreement (Energy Services Acquisition Corp.), Warrant Placement Agreement (Energy Services Acquisition Corp.)

Waiver of Liquidation Distributions. In connection with the Placement Units Warrants purchased pursuant to this Agreement, the Purchasers hereby waive any and all right, title, interest or claim of any kind in or to any liquidating distributions by the Company in the event of a liquidation of the Company upon the Company's ’s failure to timely complete a Business Combinationan Acquisition Transaction. For purposes of clarity, any ordinary shares of Common Stock purchased in the IPO or the aftermarket by the Purchasers shall be eligible to receive any liquidating distributions by the Company.

Appears in 2 contracts

Samples: Placement Warrant Purchase Agreement (Chardan Metropol Acquisition Corp.), Placement Warrant Purchase Agreement (RNK Global Development Acquisition Corp.)

Waiver of Liquidation Distributions. In connection with the Placement Units Warrants purchased pursuant to this Agreement, the Purchasers Subscribers hereby waive any and all right, title, interest or claim of any kind in or to any liquidating distributions by the Company in the event of a liquidation of the Company upon the Company's failure to timely complete a Business Combination. For purposes of clarity, any in the event the Subscribers purchase shares of Common Stock purchased in the IPO or in the aftermarket by the Purchasers such shares shall be eligible to receive any liquidating distributions by the Company.

Appears in 2 contracts

Samples: Subscription Agreement (Alpha Security Group CORP), Subscription Agreement (Alpha Security Group CORP)

Waiver of Liquidation Distributions. In connection with the Placement Units purchased pursuant to this Agreement, the Purchasers Subscribers hereby waive any and all right, title, interest or claim of any kind in or to any liquidating distributions by the Company in the event of a liquidation of the Company upon the Company's failure to timely complete a Business Combination. For purposes of clarity, any in the event the Subscribers purchase shares of Common Stock purchased in the IPO or in the aftermarket by the Purchasers such shares shall be eligible to receive any liquidating distributions by the Company.

Appears in 2 contracts

Samples: Subscription Agreement (Alpha Security Group CORP), Subscription Agreement (Alpha Security Group CORP)

Waiver of Liquidation Distributions. In connection with the Placement Units purchased pursuant to this Agreement, the Purchasers Subscribers hereby waive any and all right, title, interest or claim of any kind in or to any liquidating distributions by the Company in the event of a liquidation of the Company upon the Company's failure to timely complete a Business Combination. For purposes of clarity, any in the event the Subscribers purchase shares of Common Stock purchased in the IPO or in the aftermarket by the Purchasers such shares shall be eligible to receive any liquidating distributions by the Company. .

Appears in 2 contracts

Samples: Subscription Agreement (Energy Infrastructure Acquisition Corp.), Subscription Agreement (Energy Infrastructure Acquisition Corp.)

Waiver of Liquidation Distributions. In connection with the Placement Units purchased pursuant to this Agreement, the Purchasers The Purchaser hereby waive waives any and all right, title, interest or claim of any kind in or to any liquidating distributions by the Company in the event of a liquidation of the Company upon the Company's ’s failure to timely complete a Business CombinationCombination with respect to the shares of Common Stock included in the Insider Units. For purposes of clarity, any shares of Common Stock purchased in the IPO or the aftermarket by the Purchasers Purchaser shall be eligible to receive any liquidating distributions by the Company.

Appears in 1 contract

Samples: Insider Unit Purchase Agreement (Doubloon Corp.)

Waiver of Liquidation Distributions. In connection with the Placement Units Warrants purchased pursuant to this Agreement, the Purchasers hereby waive any and all right, title, interest or claim of any kind in or to any liquidating distributions by the Company with respect to any shares of Common Stock issued or issuable upon exercise of the Placement Warrants in the event of a liquidation of the Company upon the Company's failure to timely complete a Business Combination. For purposes of clarity, any shares of Common Stock purchased in the IPO or the aftermarket by the Purchasers shall be eligible to receive any liquidating distributions by the Company.

Appears in 1 contract

Samples: Placement Agreement (Highpoint Acquisition Corp.)

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Waiver of Liquidation Distributions. In connection with the Placement Units purchased pursuant to this Agreement, the Purchasers Purchaser and the Officers hereby waive any and all right, title, interest or claim of any kind in or to any liquidating distributions by the Company in the event of a liquidation of the Company upon the Company's failure to timely complete a Business Combination. For purposes of clarity, any shares of Common Stock purchased in the IPO or the aftermarket by the Purchasers Purchaser or the Officers shall be eligible to receive any liquidating distributions by the Company.

Appears in 1 contract

Samples: Placement Unit Agreement (Phoenix India Acquisition Corp.)

Waiver of Liquidation Distributions. In connection with the Private Placement Units purchased pursuant to this Agreement, the Purchasers Purchaser hereby waive waives any and all right, title, interest or claim of any kind in or to any liquidating distributions by the Company company in the event of a liquidation of the Company upon the Company's failure to timely complete a Business Combination. For purposes of clarity, any shares of Common Stock purchased in the IPO or the aftermarket by the Purchasers Purchaser shall be eligible to receive any liquidating distributions by the Company.

Appears in 1 contract

Samples: Private Placement Unit Agreement (TC Acquisition Corp.)

Waiver of Liquidation Distributions. In connection with the Placement Units Warrants purchased pursuant to this Agreement, the Purchasers hereby waive any and all right, title, interest or claim of any kind in or to any liquidating distributions by the Company in the event of a liquidation of the Company upon the Company's ’s failure to timely complete a Business Combination. For purposes of clarity, any ordinary shares of Common Stock purchased in the IPO or the aftermarket by the Purchasers shall be eligible to receive any liquidating distributions by the Company.

Appears in 1 contract

Samples: Placement Warrant Purchase Agreement (RNK Global Development Acquisition Corp.)

Waiver of Liquidation Distributions. In connection with the Placement Units purchased pursuant to this Agreement, the Purchasers The Purchaser hereby waive waives any and all right, title, interest or claim of any kind in or to any liquidating distributions by the Company in the event of a liquidation of the Company upon the Company's ’s failure to timely complete a Business CombinationCombination with respect to the shares of Common Stock included in 500,000 of the Insider Units. For purposes of clarity, any shares of Common Stock included in the other 625,000 Insider Units and any purchased in the IPO or the aftermarket by the Purchasers Purchaser shall be eligible to receive any liquidating distributions by the Company.

Appears in 1 contract

Samples: Insider Unit and Insider Warrant Purchase Agreement (Oceanaut, Inc.)

Waiver of Liquidation Distributions. In connection with the Placement Units purchased pursuant to this Agreement, the Purchasers Purchaser hereby waive waives any and all right, title, interest or claim of any kind in or to any liquidating distributions by the Company in the event of a liquidation of the Company upon the Company's ’s failure to timely complete a Business Combination. For purposes of clarity, any shares of Common Stock purchased in the IPO or the aftermarket by the Purchasers Purchaser shall be eligible to receive any liquidating distributions by the Company.

Appears in 1 contract

Samples: Private Placement Unit Purchase Agreement (Acquicor Technology Inc)

Waiver of Liquidation Distributions. In connection with the Placement Units purchased pursuant to this Agreement, the Purchasers The Purchaser hereby waive waives any and all right, title, interest or claim of any kind in or to any liquidating distributions by the Company in the event of a liquidation of the Company upon the Company's ’s failure to timely complete a Business Combination. For Combination in connection with the Placement Warrants purchased pursuant to this Agreement; provided however, that for purposes of clarity, any shares of Common Stock purchased in the IPO or the aftermarket by the Purchasers Purchaser shall be eligible to receive any liquidating distributions by the Company.

Appears in 1 contract

Samples: Warrant Placement Agreement (China Healthcare Acquisition Corp.)

Waiver of Liquidation Distributions. In connection with the Placement Units purchased pursuant to this Agreement, the The Purchasers hereby waive waive, with respect to the Underwriter Shares, any and all right, title, interest or claim of any kind in or to any liquidating distributions (including the distributions with respect to the Trust Account) by the Company in the event of a liquidation of the Company and the Trust Account upon the Company's ’s failure to timely complete a Business Combinationan Acquisition Transaction. For purposes of clarity, any shares of Common Stock purchased IPO Shares acquired in the IPO or in the aftermarket by the Purchasers shall be eligible to receive any liquidating distributions by the Company.

Appears in 1 contract

Samples: Share Purchase Agreement (CIS Acquisition Ltd.)

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