Common use of No Cut-Back Clause in Contracts

No Cut-Back. The number of shares a Holder intends to sell in the Follow-On Offering shall not be reduced pursuant to any attempt by other holders attempting to exercise their rights under the Founder Share Letter Agreement or separate written contractual arrangements. The Company shall not be permitted to sell shares in the Follow-On Offering.

Appears in 1 contract

Sources: Merger Agreement (FinTech Acquisition Corp)

No Cut-Back. The number of shares a Holder intends to sell in the Follow-On Offering shall not be reduced pursuant to any attempt by other holders attempting to exercise their rights under the Founder Share Letter Registration Rights Agreement or separate written contractual arrangements. The Company shall not be permitted to sell shares in the Follow-On Offering.

Appears in 1 contract

Sources: Registration Rights Agreement (CardConnect Corp.)