Common use of Waiver of Anti-dilution Protection Clause in Contracts

Waiver of Anti-dilution Protection. Sponsor hereby waives, and agrees not to exercise, assert or claim, to the fullest extent permitted by applicable Law, the ability to adjust the Initial Conversion Ratio (as defined in the SPAC Memorandum and Articles of Association) pursuant to and in compliance with Article 18.3 of the SPAC Memorandum and Articles of Association in connection with the Transactions.

Appears in 4 contracts

Samples: Agreement and Plan of Merger (Silver Crest Acquisition Corp), Agreement and Plan of Merger (Silver Crest Acquisition Corp), Voting and Support Agreement (TH International LTD)

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Waiver of Anti-dilution Protection. Sponsor hereby waives, and agrees not to exercise, assert or claim, to the fullest extent permitted by applicable Law, the ability to adjust the Initial Conversion Ratio (as defined in the SPAC Memorandum and Articles of AssociationCharter) pursuant to and in compliance with Article 18.3 Paragraph 17.3 of the SPAC Memorandum and Articles of Association Charter in connection with the Transactions.

Appears in 3 contracts

Samples: Sponsor Support Agreement and Deed, Sponsor Support Agreement and Deed (ECARX Holdings Inc.), Sponsor Support Agreement and Deed (COVA Acquisition Corp.)

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Waiver of Anti-dilution Protection. Sponsor hereby waives, and agrees not to exercise, assert or claim, to the fullest extent permitted by applicable Law, the ability to adjust the Initial Conversion Ratio (as defined in the SPAC Memorandum and Articles of Association) pursuant to and in compliance with Article 18.3 17.3 of the SPAC A&R Memorandum and Articles of Association in connection with the Transactions.

Appears in 3 contracts

Samples: Sponsor Support Agreement (Gogoro Inc.), Agreement and Plan of Merger (Poema Global Holdings Corp.), Sponsor Support Agreement (Poema Global Holdings Corp.)

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