Waiver of Right of Redemption. By entering into this Agreement, Seller hereby waives its rights to redeem the Shares. The waiver granted by Seller pursuant to this Section 2.05 is irrevocable unless and until this Agreement is terminated in accordance with Section 7.01 and is granted in consideration of Buyer entering into this Agreement and incurring certain related fees and expenses.
Appears in 5 contracts
Samples: Stock Purchase Agreement (Overture Acquisition Corp.), Stock Purchase Agreement (Asia Special Situation Acquisition Corp), Stock Purchase Agreement (National American University Holdings, Inc.)