Common use of Waiver of Redemption Rights Clause in Contracts

Waiver of Redemption Rights. The Sponsor agrees during the term of this Agreement not to (a) demand that SPAC redeem the Subject SPAC Equity Securities held by the Sponsor or (b) otherwise participate in any such redemption by tendering or submitting any of the Subject SPAC Equity Securities held by the Sponsor for redemption.

Appears in 3 contracts

Samples: Sponsor Support Agreement (ITHAX Acquisition Corp.), Sponsor Support Agreement (ITHAX Acquisition Corp.), Sponsor Agreement (Aries I Acquisition Corp.)

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Waiver of Redemption Rights. The Sponsor agrees during the term of this Agreement not to (a) demand that SPAC redeem the Subject SPAC Equity Securities held by the Sponsor or and (b) otherwise participate in any such redemption by tendering or submitting any of the Subject SPAC Equity Securities held by the Sponsor for redemption.. ​

Appears in 1 contract

Samples: Sponsor Support Agreement (Israel Acquisitions Corp)

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Waiver of Redemption Rights. The Sponsor agrees during the term of this Agreement not to (a) demand that SPAC redeem the Subject SPAC Equity Securities held by the Sponsor or and (b) otherwise participate in any such redemption by tendering or submitting any of the Subject SPAC Equity Securities held by the Sponsor for redemption.

Appears in 1 contract

Samples: Sponsor Support Agreement (Israel Acquisitions Corp)

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