Common use of Frustration of Conditions Clause in Contracts

Frustration of Conditions. None of SPAC, the Acquisition Entities or the Company may rely on the failure of any condition set forth in this Article IX to be satisfied if such failure was caused by such party’s failure to act in good faith or to take such actions as may be necessary to cause the conditions of the other party hereto to be satisfied, as required by Section 8.3.

Appears in 4 contracts

Samples: Agreement and Plan of Merger (Pacifico Acquisition Corp.), Agreement and Plan of Merger (Pacifico Acquisition Corp.), Agreement and Plan of Merger (CF Acquisition Corp. V)

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Frustration of Conditions. None of SPAC, the Acquisition Entities or the Company may rely on the failure of any condition set forth in this Article IX to be satisfied if such failure was caused by such party’s failure to act comply in good faith or to take such actions as may be necessary to cause the conditions of the other party hereto to be satisfied, as required by all material respects with its obligations under Section 8.3.

Appears in 3 contracts

Samples: Subscription Agreement (Grab Holdings LTD), Subscription Agreement (Altimeter Growth Corp.), Business Combination Agreement (Prenetics Global LTD)

Frustration of Conditions. None of SPAC, the Acquisition Entities or the Company may rely on the failure of any condition set forth in this Article IX to be satisfied if such failure was caused by such partyParty’s failure to act comply in good faith or to take such actions as may be necessary to cause the conditions of the other party hereto to be satisfied, as required by Section 8.3all material respects with its obligations hereunder.

Appears in 2 contracts

Samples: Business Combination Agreement (Primavera Capital Acquisition Corp.), Business Combination Agreement (Lanvin Group Holdings LTD)

Frustration of Conditions. None of SPAC, the Acquisition Entities or the Company may rely on the failure of any condition set forth in this Article IX X to be satisfied if such failure was caused by such partyParty’s failure to act comply in good faith or to take such actions as may be necessary to cause the conditions of the other party hereto to be satisfied, as required by Section 8.3all material respects with its obligations hereunder.

Appears in 1 contract

Samples: Business Combination Agreement (APRINOIA Therapeutics Holdings LTD)

Frustration of Conditions. None of SPAC, the Acquisition Entities or Section 8.3 Neither SPAC nor the Company may rely on the failure of any condition set forth in this Article IX ‎VIII to be satisfied if such failure was caused by such party’s failure to act in good faith or to take such actions as may be necessary to cause the conditions of the other party hereto to be satisfied, as required by Section 8.37.4.

Appears in 1 contract

Samples: Business Combination Agreement (CF Acquisition Corp. VI)

Frustration of Conditions. None of SPAC, the Acquisition Entities or Neither SPAC nor the Company may rely on the failure of any condition set forth in this Article IX VIII to be satisfied if such failure was caused by such partyParty’s failure to act in good faith or to take such actions as may be necessary to cause the conditions of the other party Party hereto to be satisfied, as required by Section 8.3.

Appears in 1 contract

Samples: Business Combination Agreement (Mercato Partners Acquisition Corp)

Frustration of Conditions. None of SPAC, the Acquisition Entities or the Company may rely on the failure of any condition set forth in this Article IX to be satisfied if such failure was caused by such party’s failure to act comply in good faith or to take such actions as may be necessary to cause the conditions of the other party hereto to be satisfied, as required by all material respects with its obligations under Section 8.3.. 77

Appears in 1 contract

Samples: Business Combination Agreement

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Frustration of Conditions. None of SPAC, the Acquisition Entities or Neither SPAC nor the Company may rely on the failure of any condition set forth in this Article ‎Article IX to be satisfied if such failure was caused by such party’s failure to act in good faith or to take such actions as may be necessary to cause the conditions of the other party hereto to be satisfied, as required by Section 8.38.4.

Appears in 1 contract

Samples: Business Combination Agreement (Bite Acquisition Corp.)

Frustration of Conditions. None of SPAC, the Acquisition Entities or Neither SPAC nor the Company may rely on the failure of any condition set forth in this Article IX XII to be satisfied if such failure was caused by such party’s failure to act in good faith or to take such actions as may be necessary to cause the conditions of the other party hereto to be satisfied, as required by Section 8.311.4.

Appears in 1 contract

Samples: Business Combination Agreement (Integral Acquisition Corp 1)

Frustration of Conditions. None Neither SPAC nor any of SPAC, the Acquisition Entities or the Company Parties may rely on the failure of any condition set forth in this Article IX X to be satisfied if such failure was caused by such partyParty’s failure to act in good faith or to take such actions as may be necessary use its commercially reasonable efforts to cause the conditions of the other party hereto Party to be satisfied, as required by Section 8.39.02.

Appears in 1 contract

Samples: Agreement and Plan of Merger (CIIG Capital Partners II, Inc.)

Frustration of Conditions. None of SPAC, the Acquisition Entities or Neither SPAC nor the Company may rely on the failure of any condition set forth in this Article IX to be satisfied if such failure was caused by such party’s failure to act in good faith or to take such actions as may be necessary to cause the conditions of the other party hereto to be satisfied, as required by Section 8.38.4.

Appears in 1 contract

Samples: Business Combination Agreement (Jupiter Acquisition Corp)

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