Common use of Company Not Surviving Following Exchange Event Clause in Contracts

Company Not Surviving Following Exchange Event. Upon an Exchange Event in which the Company does not continue as the surviving entity, each holder of a Right will be required to affirmatively convert his, her or its Rights in order to receive the 1/10 of an Ordinary Share underlying each Right (without paying any additional consideration) upon consummation of the Exchange Event. Each holder of a Right will be required to indicate his, her or its election to convert the Rights into the underlying Ordinary Shares as well as to return the original certificates evidencing the Rights to the Company.

Appears in 25 contracts

Samples: Rights Agreement (Flag Ship Acquisition Corp), Form of Rights Agreement (Metal Sky Star Acquisition Corp), Form of Rights Agreement (Alpha Star Acquisition Corp)

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Company Not Surviving Following Exchange Event. Upon an Exchange Event in which the Company does not continue as the surviving entity, each holder of a Right will be required to affirmatively convert his, her or its Rights in order to receive the 1/10 of an Ordinary Share a share underlying each Right (without paying any additional consideration) upon consummation of the Exchange Event. Each holder of a Right will be required to indicate his, her or its election to convert the Rights into the underlying Ordinary Shares shares as well as to return the original certificates evidencing the Rights to the Company.

Appears in 10 contracts

Samples: Rights Agreement (CM Seven Star Acquisition Corp), Rights Agreement (CM Seven Star Acquisition Corp), Rights Agreement

Company Not Surviving Following Exchange Event. Upon an Exchange Event in which the Company does not continue as the surviving entity, each holder of a Right will be required to affirmatively convert his, her or its Rights in order to receive the 1/10 2/10 of an Ordinary Share underlying each Right (without paying any additional consideration) upon consummation of the Exchange Event. Each holder of a Right will be required to indicate his, her or its election to convert the Rights into the underlying Ordinary Shares as well as to return the original certificates evidencing the Rights to the Company.

Appears in 6 contracts

Samples: Rights Agreement (TMT Acquisition Corp.), Rights Agreement (TMT Acquisition Corp.), Form of Rights Agreement (Golden Star Acquisition Corp)

Company Not Surviving Following Exchange Event. Upon an Exchange Event in which the Company does not continue as the surviving entity, each holder of a Right will be required to affirmatively convert his, her or its Rights in order to receive the 1/10 of an Ordinary Share a share of Common Stock underlying each Right (without paying any additional consideration) upon consummation of the Exchange Event. Each holder of a Right will be required to indicate his, her or its election to convert the Rights into the underlying Ordinary Shares shares of Common Stock as well as to return the original certificates evidencing the Rights to the Company.

Appears in 5 contracts

Samples: Form of Rights Agreement (Qomolangma Acquisition Corp.), Rights Agreement (Proficient Alpha Acquisition Corp), Rights Agreement (Proficient Alpha Acquisition Corp)

Company Not Surviving Following Exchange Event. Upon an Exchange Event in which the Company does not continue as the surviving entity, each holder of a Right will be required to affirmatively convert his, her or its Rights in order to receive the 1/10 1/7 of an Ordinary Share underlying each Right (without paying any additional consideration) upon consummation of the Exchange Event. Each holder of a Right will be required to indicate his, her or its election to convert the Rights into the underlying Ordinary Shares as well as to return the original certificates evidencing the Rights to the Company.

Appears in 2 contracts

Samples: Form of Rights Agreement (Alpha Star Acquisition Corp), Form of Rights Agreement (Alpha Star Acquisition Corp)

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Company Not Surviving Following Exchange Event. Upon an Exchange Event in which the Company does not continue as the surviving entity, each holder of a Right will be required to affirmatively convert his, her or its Rights in order to receive the 1/10 of an Ordinary Share Common Stock underlying each Right (without paying any additional consideration) upon consummation of the Exchange Event. Each holder of a Right will be required to indicate his, her or its election to convert the Rights into the underlying Ordinary Shares Common Stock as well as to return the original certificates evidencing the Rights to the Company.

Appears in 2 contracts

Samples: Rights Agreement (Alset Capital Acquisition Corp.), Form of Rights Agreement (Alset Capital Acquisition Corp.)

Company Not Surviving Following Exchange Event. Upon an Exchange Event in which the Company does not continue as the surviving entity, each holder of a Right will be required to affirmatively convert his, her or its Rights in order to receive the 1/10 one tenth (1/10) of an Ordinary Share underlying each Right (without paying any additional consideration) upon consummation of the Exchange Event. Each holder of a Right will be required to indicate his, her or its election to convert the Rights into the underlying Ordinary Shares as well as to return the original certificates evidencing the Rights to the Company.

Appears in 1 contract

Samples: Rights Agreement (Blue Room Acquisition Corp.)

Company Not Surviving Following Exchange Event. Upon an Exchange Event in which the Company does not continue as the surviving entity, each holder of a Right will be required to affirmatively convert his, her or its Rights in order to receive the 1/10 1/5 of an Ordinary Share underlying each Right (without paying any additional consideration) upon consummation of the Exchange Event. Each holder of a Right will be required to indicate his, her or its election to convert the Rights into the underlying Ordinary Shares as well as to return the original certificates evidencing the Rights to the Company.

Appears in 1 contract

Samples: Rights Agreement (Eureka Acquisition Corp)

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