Common use of Waiver of Right to Amounts in the Trust Account and Indemnification Clause in Contracts

Waiver of Right to Amounts in the Trust Account and Indemnification. (i) Such Purchaser hereby waives any and all right, title, interest or claim of any kind in or to any distribution of the trust account established by the Company for the deposit of proceeds from the Initial Public Offering and the sale of warrants in a private placement to occur concurrently with the closing of the Initial Public Offering, as a result of any liquidation of the trust account, with respect to the Founder’s Shares (“Claim”) and hereby waives any Claim it may have in the future as a result of, or arising out of, any contracts or agreements with the Company or the Seller and will not seek recourse against the trust account for any reason whatsoever except for any amounts to which it may be entitled upon liquidation of the Company in respect of such Purchaser’s ownership of Shares other than the Founder’s Shares.

Waiver of Right to Amounts in the Trust Account and Indemnification. (i) Such Purchaser hereby waives any and all right, title, interest or claim of any kind in or to any distribution of the trust account established by the Company for the deposit of proceeds from the Initial Public Offering and the sale of warrants in a private placement to occur concurrently with the closing of the Initial Public OfferingFounder’s Warrants as defined in the Securities Purchase Agreement, as a result of any liquidation of the trust account, with respect to the Initial Founder’s Shares (“Claim”) and hereby waives any Claim it he may have in the future as a result of, or arising out of, any contracts or agreements with the Company or the Seller and will not seek recourse against the trust account for any reason whatsoever except for any amounts to which it he may be entitled upon liquidation of the Company in respect of such Purchaser’s ownership of Shares other than the Initial Founder’s Shares.

Waiver of Right to Amounts in the Trust Account and Indemnification. (i) Such The Purchaser hereby waives any and all right, title, interest or claim of any kind in or to any distribution of the trust account established by the Company for the deposit of proceeds from the Initial Public Offering and the sale of warrants in a private placement to occur concurrently with the closing of the Initial Public OfferingPrivate Placement Warrants, as a result of any liquidation of the trust account, with respect to the Founder’s Shares (“Claim”) and hereby waives any Claim it may have in the future as a result of, or arising out of, any contracts or agreements with the Company or the Seller and will not seek recourse against the trust account for any reason whatsoever except for any amounts to which it may be entitled upon liquidation of the Company in respect of such the Purchaser’s ownership of Shares other than the Founder’s Shares. The foregoing waiver shall be limited to the Claim and shall not be deemed a waiver of any other claim the Purchaser may now or in the future have against the Company.