Aldel definition
Examples of Aldel in a sentence
Any notice, statement or demand authorized by this Agreement to be given or made by the Warrant Agent or by the holder of any Warrant to or on the Company shall be sufficiently given when so delivered if by hand or overnight delivery or if sent by certified mail or private courier service within five (5) days after deposit of such notice, postage prepaid, addressed (until another address is filed in writing by the Company with the Warrant Agent), as follows: Aldel Financial Inc.
Facsimile: (▇▇▇) ▇▇▇-▇▇▇▇ E-mail: B▇▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇.▇▇▇ If to the Company: Aldel Financial Inc.
The Buyer has been or will be granted registration rights by Aldel Financial with respect to the Forward Purchase Shares (“Registration Rights”) pursuant to a registration rights agreement to be entered into with Aldel Financial, a form of which has been filed with the Registration Statement.
If the Forward Purchase Shares are eligible to be sold without restriction under, and without Aldel Financial being in compliance with the current public information requirements of, Rule 144 under the Securities Act of 1933, as amended (the “Securities Act”), then at the Buyer’s request, Aldel Financial will, at its sole expense, cause Aldel Financial’s transfer agent to remove the legend set forth in Section 1.02 hereof.
Each of Aldel Financial and the Buyer will bear its own costs and expenses incurred in connection with the preparation, execution and performance of this Agreement and the consummation of the transactions contemplated hereby, including all fees and expenses of agents, representatives, financial advisors, legal counsel and accountants.
The execution, delivery and performance of this Agreement by Aldel Financial does not and will not conflict with, violate or cause a breach of, constitute a default under, or result in a violation of (i) any agreement, contract or instrument to which Aldel Financial is a party which would prevent Aldel Financial from performing its obligations hereunder or (ii) any law, statute, rule or regulation to which Aldel Financial is subject.
Accordingly, Buyer hereby agrees that Aldel Financial is entitled to an injunction prohibiting any conduct by the Buyer in violation of this Agreement and the Buyer shall not seek the posting of any bond in connection with such request for an injunction.
Except for the specific representations and warranties expressly made by Aldel Financial in Section 2 of this Agreement and in any certificate or agreement delivered pursuant hereto, the Buyer Parties specifically disclaim that they are relying upon any other representations or warranties that may have been made by Aldel Financial.
The Buyer agrees to indemnify and to hold harmless Aldel Financial from any liability for any commission or compensation in the nature of a finder’s or broker’s fee arising out of this transaction (and the costs and expenses of defending against such liability or asserted liability) for which the Buyer or its respective officers, employees or representatives is responsible.
Aldel Financial has the requisite corporate power and authority to execute, deliver and carry out the terms of this Agreement and to consummate the transactions contemplated hereby and thereby.