Common use of Waiver of Claims Against Trust Account Clause in Contracts

Waiver of Claims Against Trust Account. The Escrow Agent hereby waives any and all right, title, interest or claim of any kind in or to any distribution of any property held in trust for the Company in the Trust Account (as defined in that certain Investment Management Trust Agreement, dated as of the date of this Agreement, by and between the Company and the Escrow Agent as trustee thereunder), and hereby agrees not to seek recourse, reimbursements, payment or satisfaction for any claim of any kind against the Trust Account for any reasons whatsoever.

Appears in 4 contracts

Samples: Stock Escrow Agreement (FIG Acquisition Corp.), Stock Escrow Agreement (Union Street Acquisition Corp.), Stock Escrow Agreement (Union Street Acquisition Corp.)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.