Common use of Termination of the Merger Agreement Clause in Contracts

Termination of the Merger Agreement. This Agreement shall be binding upon the Holder upon the Holder’s execution and delivery of this Agreement, but this Agreement shall only become effective upon the Closing. Notwithstanding anything to the contrary contained herein, in the event that the Merger Agreement is terminated in accordance with its terms prior to the Closing, this Agreement shall automatically terminate and become null and void, and the parties shall not have any rights or obligation hereunder.

Appears in 12 contracts

Samples: Lock Up Agreement (Arisz Acquisition Corp.), Lock Up Agreement (Nova Vision Acquisition Corp), Lock Up Agreement (Bitfufu Inc.)

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Termination of the Merger Agreement. This Agreement shall be binding upon the Holder upon the Holder’s execution and delivery of this Agreementparties in accordance with Section 8 hereof, but this Agreement shall only become effective upon the Closing. Notwithstanding anything to the contrary contained herein, in the event that the Merger Agreement is terminated in accordance with its terms prior to the Closing, this Agreement shall automatically terminate and become null and void, and the parties shall not have any rights or obligation hereunder.

Appears in 5 contracts

Samples: Lock Up Agreement (NaturalShrimp Inc), Lock Up Agreement (Nubia Brand International Corp.), Lock Up Agreement (Yotta Acquisition Corp)

Termination of the Merger Agreement. This Agreement shall be binding upon the Holder upon the Holder’s execution and delivery of this Agreement, but this Agreement shall only become effective upon the Closing. Notwithstanding anything to the contrary contained herein, in the event that the Merger Agreement is terminated in accordance with its terms prior to the Closing, this Agreement shall automatically terminate and become null and void, and the parties shall not have any rights or obligation obligations hereunder.

Appears in 2 contracts

Samples: Resale Lock Up Agreement (Tottenham Acquisition I LTD), Resale Lock Up Agreement (Vincera Pharma, Inc.)

Termination of the Merger Agreement. This Agreement shall be binding upon the each Holder upon the Holdersuch Hxxxxx’s execution and delivery of this Agreement, but this Agreement shall only become effective upon the Closing. Notwithstanding anything to the contrary contained herein, in the event that the Merger Agreement is terminated in accordance with its terms prior to the Closing, this Agreement shall automatically terminate and become null and void, and the parties Parties shall not have any rights or obligation obligations hereunder.

Appears in 2 contracts

Samples: Lock Up Agreement (TMT Acquisition Corp.), Lock Up Agreement (TMT Acquisition Corp.)

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Termination of the Merger Agreement. This Agreement shall be binding upon the Holder upon the Holder’s execution and delivery of this Agreement, but this Agreement shall only become effective only upon the Closing, provided that each party has delivered an executed signature page to the other parties. Notwithstanding anything to the contrary contained herein, in the event that the Merger Agreement is terminated in accordance with its terms prior to the Closing, this Agreement shall automatically terminate and become null and void, and the parties shall not have any rights or obligation hereunder.

Appears in 1 contract

Samples: Lock Up Agreement (99 Acquisition Group Inc.)

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