Redemption and Liquidation. The Purchaser hereby waives, with respect to any Forward Purchase Shares held by it, any redemption rights it may have in connection with (i) the consummation of the initial Business Combination, including, without limitation, any such rights available in the context of a stockholder vote to approve such Business Combination and (ii) any stockholder vote to approve an amendment to the Charter to modify the substance or timing of the Company’s obligation to redeem 100% of the Class A Shares sold in the IPO if the Company has not consummated an initial Business Combination within 24 months from the IPO Closing or in the context of a tender offer made by the Company to purchase Class A Shares, it being understood that the Purchaser shall be entitled to redemption and liquidation rights with respect to any Public Shares held by it.
Appears in 4 contracts
Samples: Forward Purchase Agreement (Jiya Acquisition Corp.), Forward Purchase Agreement (East Resources Acquisition Co), Forward Purchase Agreement (Crescent Acquisition Corp)
Redemption and Liquidation. The Purchaser hereby waives, with respect to any Forward Purchase Shares held by it, any redemption rights it may have in connection with (i) the consummation of the initial Business Combination, including, without limitation, any such rights available in the context of a stockholder vote to approve such Business Combination and (ii) any stockholder vote to approve an amendment to the Charter Articles to modify the substance or timing of the Company’s obligation to redeem 100% of the Class A Shares sold in the IPO if the Company has not consummated an initial Business Combination within 24 18 months from the IPO Closing (or up to 24 months if such date is extended as described in the prospectus relating to the IPO) or in the context of a tender offer made by the Company to purchase Class A Shares, it being understood that the Purchaser shall be entitled to redemption and liquidation rights with respect to any Public Shares held by it.
Appears in 4 contracts
Samples: Forward Purchase Agreement (Target Global Acquisition I Corp.), Forward Purchase Agreement (Target Global Acquisition I Corp.), Forward Purchase Agreement (Target Global Acquisition I Corp.)
Redemption and Liquidation. The Purchaser hereby waives, with respect to any Forward Purchase Shares held by it, any redemption rights it may have in connection with (i) the consummation of the initial Business Combination, including, without limitation, any such rights available in the context of a stockholder shareholder vote to approve such Business Combination and (ii) any stockholder shareholder vote to approve an amendment to the Charter Articles to modify the substance or timing of the Company’s obligation to redeem 100% of the Class A Shares sold in the IPO if the Company has not consummated an initial Business Combination within 24 18 months from the IPO Closing (or up to 24 months if such date is extended as described in the prospectus relating to the IPO) or in the context of a tender offer made by the Company to purchase Class A Shares, it being understood that the Purchaser shall be entitled to redemption and liquidation rights with respect to any Public Shares held by it.
Appears in 4 contracts
Samples: Forward Purchase Agreement (Forbion European Acquisition Corp.), Forward Purchase Agreement (Forbion European Acquisition Corp.), Forward Purchase Agreement (Forbion European Acquisition Corp.)
