SPAC Right definition

SPAC Right means a right entitling the holder thereof to receive one-twelfth of one SPAC Class A Ordinary Share upon the consummation by SPAC of a SPAC Business Combination.
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SPAC Right means the right to receive one-tenth (1/10) of a share of SPAC Common Stock included as component of the SPAC Units.
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SPAC Right means the issued and outstanding rights of the SPAC, each such right convertible into one-sixth (1/6) of a share of SPAC Common Stock at the closing of a Business Combination.
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Examples of SPAC Right in a sentence

  • Steven Kurutuz, Anyone Who’s Anyone has a SPAC Right Now, N.Y. TIMES (February 27, 2021).

  • Steven Kurutz, Anyone Who’s Anyone Has a SPAC Right Now, The New York Times (Feb.


More Definitions of SPAC Right

SPAC Right means the right included within each SPAC Unit pursuant to the terms of the SPAC Rights Agreement that entitles the holder to receive one-tenth of one SPAC Class A Ordinary Share upon completion of an initial business combination.
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Related to SPAC Right

  • First Refusal Right means the right granted to the Corporation in accordance with Article E.

  • Default Right has the meaning assigned to that term in, and shall be interpreted in accordance with, 12 C.F.R. §§ 252.81, 47.2 or 382.1, as applicable.

  • Secondary Refusal Right means the right, but not an obligation, of each Investor to purchase up to its pro rata portion (based upon the total number of shares of Capital Stock then held by all Investors) of any Transfer Stock not purchased pursuant to the Right of First Refusal, on the terms and conditions specified in the Proposed Transfer Notice.

  • Retraction Call Right has the meaning ascribed thereto in the Exchangeable Share Provisions.

  • Limited Right means the right to receive an amount of cash based upon the terms set forth in Section 9.

  • Call Right The right of the holder thereof (or any successor), as named in the applicable Supplement, to purchase Certificates from the Holders thereof or to purchase Underlying Securities from the Trust.

  • Termination Right have the respective meanings given in the PRA Contractual Stay Rules.

  • right of use means any right we have to use, in our own name and on our own account or the account of another counterparty, financial instruments received by us by way of collateral under a security collateral arrangement between you and us;

  • Put Right has the meaning set forth in Section 8.05(a).

  • Renewal Option has the meaning set forth in §12.1.

  • Option Right means the right to purchase Common Shares upon exercise of an option granted pursuant to Section 4 of this Plan.

  • Drag-Along Right has the meaning set forth in Section 8.6(a).

  • Contract Right means any right, power or remedy of any nature under any Contract including rights to receive property or services or otherwise derive benefits from the payment, satisfaction or performance of another party’s Obligations, rights to demand that another party accept property or services or take any other actions, and rights to pursue or exercise remedies or options.

  • Burial right means a right of earth interment.

  • Capacity Transfer Right means a right, allocated to LSEs serving load in a Locational Deliverability Area, to receive payments, based on the transmission import capability into such Locational Deliverability Area, that offset, in whole or in part, the charges attributable to the Locational Price Adder, if any, included in the Zonal Capacity Price calculated for a Locational Delivery Area.

  • Repurchase Option has the meaning set forth in Section 1.3(a) hereto.

  • Surface Rights means all rights to use the surface of land in connection with the Properties including, without limitation, all rights to enter upon and occupy the surface of land on which the Tangibles and Xxxxx are located and rights to cross or otherwise use the surface of land for access to the Properties;

  • Liquidation Call Right has the meaning ascribed thereto in the Plan of Arrangement.

  • Default Rights has the meaning assigned to that term in, and shall be interpreted in accordance with, 12 C.F.R. §§ 252.81, 47.2 or 382.1, as applicable.

  • Put Option means an exchange traded option with respect to Securities other than Stock Index Options, Futures Contracts, and Futures Contract Options entitling the holder, upon timely exercise and tender of the specified underlying Securities, to sell such Securities to the writer thereof for the exercise price.

  • Repurchase Right means the right granted to the Corporation in accordance with Article D.

  • Preemptive Right has the meaning set forth in Section 5.1 hereof.

  • Step-In Rights means the right of one party to assume an intervening position to satisfy all terms of an agreement in the event the other party fails to perform its obligations under the agreement.

  • Call Option means an exchange traded option with respect to Securities other than Stock Index Options, Futures Contracts, and Futures Contract Options entitling the holder, upon timely exercise and payment of the exercise price, as specified therein, to purchase from the writer thereof the specified underlying Securities.

  • Right shall have the meaning set forth in the second paragraph hereof.

  • Access Rights means licences and user rights to foreground or background;