Common use of Waiver of Other Lock-Up Shareholders Clause in Contracts

Waiver of Other Lock-Up Shareholders. Neither the Company nor PubCo shall amend or waive, terminate, modify or abrogate (including providing any written consent by the board of directors of PubCo pursuant to Section 4.2) (“Change”) the lock-up restriction agreed with any of the Lock-Up Shareholders hereunder or under the Sponsor Support Agreement, in each case, unless the Company and/or PubCo extends such Change to all Shareholders party hereto and to Sponsor (and any permitted transferee of Sponsor) under the Sponsor Support Agreement, under the same terms and conditions (including, for the avoidance of doubt, the timing of any release from such lock-up restriction) and on a pro rata basis. The Company and/or PubCo shall provide at least ten (10) Business Days advance written notice to all Lock-Up Shareholders and Sponsor of any such Change. For the avoidance of doubt, any amendment or modification (in whole or in part) of this Article IV shall require the prior written consent of all parties hereto and the Sponsor.

Appears in 4 contracts

Samples: Company Holders Support Agreement and Deed (MoneyHero LTD), Company Holders Support Agreement and Deed (MoneyHero LTD), Company Holders Support Agreement and Deed (Bridgetown Holdings LTD)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!