Merger or Reorganization, etc. If there shall occur any reorganization, recapitalization, reclassification, consolidation or merger involving SPAC in which its Class A Shares are converted into or exchanged for securities, cash or other property, then, following any such reorganization, recapitalization, reclassification, consolidation or merger, in lieu of Class A Shares, SPAC shall issue or cause to be issued, with respect to each Promote Share to be issued hereunder, the kind and amount of securities, cash or other property into which the Class A Shares converted or exchanged.
Appears in 2 contracts
Samples: Non Redemption Agreement (FTAC Emerald Acquisition Corp.), Non Redemption Agreement (FTAC Emerald Acquisition Corp.)
Merger or Reorganization, etc. If there shall occur any reorganization, recapitalization, reclassification, consolidation or merger involving SPAC in which its shares of Class A Shares Common Stock are converted into or exchanged for securities, cash or other property, then, following any such reorganization, recapitalization, reclassification, consolidation or merger, in lieu of shares of Class A SharesCommon Stock, SPAC shall issue or cause to be issued, with respect to each Promote Share to be issued hereunder, the kind and amount of securities, cash or other property into which the each share of Class A Shares Common Stock converted or exchanged.
Appears in 2 contracts
Samples: Non Redemption Agreement (Concord Acquisition Corp III), Non Redemption Agreement (Concord Acquisition Corp II)
Merger or Reorganization, etc. If there shall occur any reorganization, recapitalization, reclassification, consolidation or merger involving SPAC in which its Class A Ordinary Shares are converted into or exchanged for securities, cash or other property, then, following any such reorganization, recapitalization, reclassification, consolidation or merger, in lieu of Class A Ordinary Shares, SPAC shall issue or cause to be issued, with respect to each Promote Share to be issued hereunder, the kind and amount of securities, cash or other property into which the Class A Ordinary Shares converted or exchanged.
Appears in 1 contract
Samples: Non Redemption Agreement (Project Energy Reimagined Acquisition Corp.)
Merger or Reorganization, etc. If there shall occur any reorganization, recapitalization, reclassification, consolidation or merger involving SPAC LOCC in which its Class A Shares are Common Stock is converted into or exchanged for securities, cash or other property, then, following any such reorganization, recapitalization, reclassification, consolidation or merger, in lieu of shares of Class A SharesCommon Stock, SPAC LOCC shall issue or cause to be issued, with respect to each Promote Share to be issued hereunder, the kind and amount of securities, cash or other property into which the shares of Class A Shares Common Stock converted or exchanged.
Appears in 1 contract
Samples: Non Redemption Agreement (Live Oak Crestview Climate Acquisition Corp.)
