Examples of Business Combination Deadline in a sentence
The Foundation, our Founding Shareholders and our Directors have agreed to waive their respective rights to participate in any distribution occurring upon our failure to complete a Business Combination by the Business Combination Deadline, but only with respect to the Founding Shares.
There will be no liquidating distributions with respect to the Warrants, which will expire worthless if the Company fails to complete a Business Combination within the Business Combination Deadline.
The Company will have until the Business Combination Deadline to complete the Business Combination.
In accordance with our Articles of Association, if no Business Combination occurs by the Business Combination Deadline, the Board of Directors will convene a shareholders’ meeting which shall resolve on the liquidation of the Company in accordance with Council Regulation (EC) 2157/2001 of 8 October 2001 on the Statute for a European Company, Luxembourg law and the Articles of Association and to appoint a liquidator to wind up our affairs.
Completion of the Business Combination is, however, subject to various conditions set forth in the Business Combination Agreement, and it is possible that factors outside our control could prevent us from completing the Business Combination by the Business Combination Deadline.