Waiver of Claims Against Trust Account. Notwithstanding anything to the contrary in this Agreement, the Indemnitee and the Company, on behalf of itself, its affiliates, its and their equityholders and any of its or their respective representatives (i) acknowledges and agrees that (A) the Company has established a trust account for the benefit of the Company and certain of its existing equityholders, and (B) none of the Indemnitee, the Company, its or their affiliates, its or their respective equityholders or any of its or their respective representatives has any right, title, interest or claim of any kind arising from this Agreement or otherwise in or to any monies in such trust account or any distributions or payments therefrom (each, a “Claim”) and (ii) hereby waives any Claim arising from this Agreement or otherwise and agrees not to seek recourse against such trust account for any reason whatsoever.
Appears in 4 contracts
Samples: Form of Indemnification Agreement (Fifth Wall Acquisition Corp. III), Form of Indemnification Agreement (Fifth Wall Acquisition Corp. II), Form of Indemnification Agreement (Big Sky Growth Partners, Inc.)
