Trust Waiver. Notwithstanding anything herein to the contrary, the Buyer hereby waives any and all right, title, interest or claim of any kind (“Claim”) in or to any distribution of or from the trust account to be established in which proceeds of the initial public offering (the “IPO”) conducted by the Company (including the deferred underwriting discounts and commissions) and proceeds of the sale of the warrants issued in a private placement to occur in connection with the consummation of the IPO are to be deposited, as described in greater detail in the registration statement and prospectus to be filed with the SEC in connection with the IPO, and hereby agrees not to seek recourse, reimbursement, payment or satisfaction for any Claim against the trust account for any reason whatsoever.
Appears in 9 contracts
Samples: Securities Purchase Agreement (Crescera Capital Acquisition Corp.), Securities Purchase Agreement (Target Global Acquisition I Corp.), Securities Purchase Agreement (Forbion European Acquisition Corp.)
Trust Waiver. Notwithstanding anything herein to the contrary, the Buyer Sponsor hereby waives any and all right, title, interest or claim of any kind (“Claim”) in or to any distribution of or from the trust account to be established in which proceeds of the Company’s initial public offering of securities (the “IPO”) conducted by the Company (including the deferred underwriting underwriters discounts and commissions) and proceeds of the sale of the warrants issued in a private placement to occur which occurred in connection with the consummation of the IPO are to be deposited, as described in greater detail in the registration statement and prospectus to be filed with the SEC Securities and Exchange Commission in connection with the IPO, and hereby agrees not to seek recourse, reimbursement, payment or satisfaction for any Claim against the trust account for any reason whatsoever.
Appears in 1 contract
Samples: Working Capital Loan Agreement (Ares Acquisition Corp)
