SPAC Parties definition
Examples of SPAC Parties in a sentence
The covenants and agreements of the SPAC Parties in this Agreement to be performed as of or prior to the Closing shall have been performed in all material respects.
Each of the SPAC Parties is not a “person of a country of concern” within the meaning of the Outbound Investment Security Program.
The SPAC Parties have never and do not currently maintain, sponsor, or contribute to any employee benefit plan.
SPAC shall notify the Company, and the Company shall notify SPAC, promptly following receipt of any threat to file, or written notice of the filing of, an Action related to this Agreement or the Transaction by any of its stockholders against any of the SPAC Parties, the Company or any of their respective directors or officers (any such action, a “Stockholder Action”).
Other than any officers as described in the SEC Reports, the SPAC Parties have no and have never had any employees on their payroll, and have never retained any contractors, other than professional consultants and professional advisors.