Common use of Trust Account Waiver Clause in Contracts

Trust Account Waiver. The Warrant Agent acknowledges and agrees that it shall not make any claims or proceed against the trust account established by the Company in connection with the Public Offering (as more fully described in the Registration Statement) (“Trust Account”), including by way of set-off, and shall not be entitled to any funds in the Trust Account under any circumstance. In the event that the Warrant Agent has a claim against the Company under this Agreement, the Warrant Agent will pursue such claim solely against the Company and not against the property held in the Trust Account.

Appears in 532 contracts

Sources: Warrant Agreement (AEI CapForce II Investment Corp), Warrant Agreement (Three Lions Acquisition Corp.), Warrant Agreement (Ocean Capital Acquisition Corp)

Trust Account Waiver. The Warrant Agent acknowledges and agrees that it shall not make any claims or proceed against the trust account established by the Company in connection with the Public Offering (as more fully described in the Registration Statement) (“Trust Account”), including by way of set-off, and shall not be entitled to any funds in the Trust Account under any circumstance. In the event that the Warrant Agent has a claim against the Company under this Agreement, the Warrant Agent will pursue such claim solely against the Company and not against the property held in the Trust Account.

Appears in 86 contracts

Sources: Warrant Agreement (Rainier Acquisition Corp), Warrant Agreement (Rainier Acquisition Corp), Warrant Agreement (Keystone Acquisition Corp.)

Trust Account Waiver. The Warrant Agent acknowledges and agrees that it shall not make any claims or proceed against the trust account established by the Company in connection with the Public Offering (as more fully described in the Registration Statement) (“Trust Account”), including by way of set-off, and shall not be entitled to any funds in the Trust Account under any circumstance. In the event that the Warrant Agent has a claim against the Company under this Agreement, the Warrant Agent will pursue such claim solely against the Company and not against the property held in the Trust Account.

Appears in 21 contracts

Sources: Warrant Agreement (Bluerock Acquisition Corp. II), Warrant Agreement (Meridian3 Industrials Acquisition Corp), Warrant Agreement (Meridian3 Industrials Acquisition Corp)

Trust Account Waiver. The Warrant Agent acknowledges and agrees that it shall not make any claims or proceed against the trust account established by the Company in connection with the Public Offering (as more fully described in the Registration Statement) (“Trust Account”), including by way of set-off, and shall not be entitled to any funds in the Trust Account under any circumstancecircumstance (including any distributions therefrom to public shareholders). In the event that the Warrant Agent has a claim against the Company under this Agreement, the Warrant Agent will pursue such claim solely against the Company and not against the property held in the Trust Account.

Appears in 10 contracts

Sources: Warrant Agreement (AfterNext Acquisition I Corp.), Warrant Agreement (Gold Mountain Acquisition Corp.), Warrant Agreement (Material Resource Acquisition Corp.)

Trust Account Waiver. The Warrant Agent acknowledges and agrees that it shall not make any claims or proceed against the trust account established by the Company in connection with the Public Offering (as more fully described in the Registration Statement) (the “Trust Account”), including by way of set-off, and shall not be entitled to any funds in the Trust Account under any circumstance. In the event that the Warrant Agent has a claim against the Company under this Agreement, the Warrant Agent will pursue such claim solely against the Company and not against the property held in the Trust Account.

Appears in 6 contracts

Sources: Warrant Agreement (Virtuoso Acquisition Corp. 2), Warrant Agreement (Swiftmerge Acquisition Corp.), Warrant Agreement (Virtuoso Acquisition Corp. 2)

Trust Account Waiver. The Warrant Agent acknowledges and agrees that it shall not make any claims or proceed against the trust account established by the Company SPAC in connection with the Public Offering (as more fully described in the Registration Statement) (“Trust Account”), including by way of set-off, and shall not be entitled to any funds in the Trust Account under any circumstance. In the event that the Warrant Agent has a claim against the Company under this Agreement, the Warrant Agent will pursue such claim solely against the Company and not against the property held in the Trust Account.

Appears in 3 contracts

Sources: Warrant Agreement (Blue World Acquisition Corp), Warrant Agreement (Blue World Acquisition Corp), Warrant Agreement (Blue World Acquisition Corp)

Trust Account Waiver. The Warrant Agent acknowledges and agrees that it shall not make any claims or proceed against the trust account established by the Company in connection with the Public Offering (as more fully described in the Registration Statement) (“Trust Account”), including by way of set-set- off, and shall not be entitled to any funds in the Trust Account under any circumstance. In the event that the Warrant Agent has a claim against the Company under this Agreement, the Warrant Agent will pursue such claim solely against the Company and not against the property held in the Trust Account.

Appears in 2 contracts

Sources: Warrant Agreement (Adnant Concepcion Acquisition Corp.), Warrant Agreement (Adnant Concepcion Acquisition Corp.)

Trust Account Waiver. The Warrant Agent acknowledges and agrees that it shall not make any claims or proceed against the trust account established by the Company in connection with the Public Offering Company’s initial public offering (as more fully described in the Registration StatementStatement on Form S-1 (File No. 333-523230)) (“Trust Account”), including by way of set-off, and shall not be entitled to any funds in the Trust Account under any circumstance. In the event that the Warrant Agent has a claim against the Company under this Agreement, the Warrant Agent will pursue such claim solely against the Company and not against the property held in the Trust Account.

Appears in 2 contracts

Sources: Warrant Agreement (Nogin, Inc.), Warrant Agreement (Software Acquisition Group Inc. III)

Trust Account Waiver. The Warrant Agent acknowledges and agrees that it shall not make any claims or proceed against the trust account established by the Company in connection with the Public Offering (as more fully described in the Registration StatementStatements) (“Trust Account”), including by way of set-off, and shall not be entitled to any funds in the Trust Account under any circumstance. In the event that the Warrant Agent has a claim against the Company under this Agreement, the Warrant Agent will pursue such claim solely against the Company and not against the property held in the Trust Account.

Appears in 2 contracts

Sources: Warrant Agreement (Infinite Acquisition Corp.), Warrant Agreement (Big Rock Partners Acquisition Corp.)

Trust Account Waiver. The Warrant Agent acknowledges and agrees that it shall not make any claims or proceed against the trust account established by the Company in connection with the Public Offering (as more fully described in the Registration Statement) (“Trust Account”), including by way of set-off, and shall not be entitled to any funds in the Trust Account under any circumstance. In the event that the Warrant Agent has a claim against the Company under this Agreement, the Warrant Agent will pursue such claim solely against the Company and not against the property held in the Trust Account.. {N0382172 2 }

Appears in 2 contracts

Sources: Warrant Agreement (Zi Toprun Acquisition Corp.), Warrant Agreement (Zi Toprun Acquisition Corp.)

Trust Account Waiver. The Warrant Agent acknowledges and agrees that it shall not make any claims or proceed against the trust account established by the Company SPAC in connection with the Public Offering (as defined in the Existing Warrant Agreement and as more fully described in the Registration Statement) (“Trust Account”), including by way of set-off, and shall not be entitled to any funds in the Trust Account under any circumstance. In the event that the Warrant Agent has a claim against Pubco under the Company under this Amended Warrant Agreement, the Warrant Agent will pursue such claim solely against the Company Pubco and not against the property held in the Trust Account.

Appears in 1 contract

Sources: Warrant Assignment, Assumption and Amendment Agreement (Pathfinder Digital Assets LLC)

Trust Account Waiver. The Warrant Agent acknowledges and agrees that it shall not make any claims or proceed against the trust account established by the Company SPAC in connection with the Public Offering (as more fully described in the Registration Statement) (the “Trust Account”), including by way of set-off, and shall not be entitled to any funds in the Trust Account under any circumstance. In the event that the Warrant Agent has a claim against the Company under this Agreement, the Warrant Agent will pursue such claim solely against the Company and not against the property held in the Trust Account.

Appears in 1 contract

Sources: Merger Agreement (Metal Sky Star Acquisition Corp)

Trust Account Waiver. The Warrant Agent acknowledges and agrees that it shall not make any claims or proceed against the trust account established by the Company in connection with the Public Offering (as more fully described in the Registration Statement) (“Trust Account”), including by way of set-off, and shall not be entitled to any funds in the Trust Account under any circumstance. In the event that the Warrant Agent has a claim against the Company under this Agreement, the Warrant Agent will pursue such claim solely against the Company and not against the property held in the Trust Tnist Account.

Appears in 1 contract

Sources: Warrant Agreement (Brilliant Acquisition Corp)

Trust Account Waiver. The Each Warrant Agent acknowledges and agrees that it shall not make any claims or proceed against the trust account established by the Company in connection with the Public Offering (as more fully described in the Registration Statement) (“Trust Account”), including by way of set-off, and shall not be entitled to any funds in the Trust Account under any circumstance. In the event that the a Warrant Agent has a claim against the Company under this Agreement, the such Warrant Agent will pursue such claim solely against the Company and not against the property held in the Trust Account.

Appears in 1 contract

Sources: Warrant Agreement (Merida Merger Corp. I)