Common use of Acquisition of Shares by Third Party Clause in Contracts

Acquisition of Shares by Third Party. Other than an affiliate of TPG Global, LLC, any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (c) of this definition;

Appears in 25 contracts

Samples: Form of Indemnity Agreement (TPG Pace Tech Opportunities Corp.), Indemnity Agreement (TPG Pace Tech Opportunities Corp.), Indemnity Agreement (TPG Pace Beneficial Finance Corp.)

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Acquisition of Shares by Third Party. Other than an affiliate Xxxxx Xxxxx XX LLC (the “Sponsor”) or any of TPG Global, LLCits affiliates, any Person (as defined below) that is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election appointment of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election appointment of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (ciii) of this definition;

Appears in 12 contracts

Samples: Indemnity Agreement (Trine II Acquisition Corp.), Indemnity Agreement (Trine II Acquisition Corp.), Indemnity Agreement (Trine II Acquisition Corp.)

Acquisition of Shares by Third Party. Other than an affiliate of TPG Global, LLC, any Any Person (as defined below) ), other than Eucrates LLC or any of its affiliates, is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under any other part (c) of this definition;

Appears in 11 contracts

Samples: Indemnity Agreement (Eucrates Biomedical Acquisition Corp.), Indemnity Agreement (Eucrates Biomedical Acquisition Corp.), Indemnity Agreement (Eucrates Biomedical Acquisition Corp.)

Acquisition of Shares by Third Party. Other than an affiliate of TPG Global, Reinvent Sponsor LLC, any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (c) of this definition;

Appears in 9 contracts

Samples: Indemnity Agreement (Reinvent Technology Partners), Indemnity Agreement (Reinvent Technology Partners), Indemnity Agreement (Reinvent Technology Partners)

Acquisition of Shares by Third Party. Other than an affiliate of TPG Global, LLCGlobal Synergy LLC (the “Sponsor”), any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (ciii) of this definition;

Appears in 8 contracts

Samples: Indemnity Agreement (Global Synergy Acquisition Corp.), Indemnity Agreement (Global Synergy Acquisition Corp.), Indemnity Agreement (Global Synergy Acquisition Corp.)

Acquisition of Shares by Third Party. Other than an affiliate of TPG Global, LLCTLGY Sponsors LLC (“Sponsor”), any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (ciii) of this definition;

Appears in 7 contracts

Samples: Indemnity Agreement (TLGY Acquisition Corp), Indemnity Agreement (TLGY Acquisition Corp), Indemnity Agreement (TLGY Acquisition Corp)

Acquisition of Shares by Third Party. Other than an affiliate of TPG Global, LLC, any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities shares of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities shares entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities shares by any Person results solely from a reduction in the aggregate number of outstanding shares entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (c) of this definition;

Appears in 6 contracts

Samples: Indemnity Agreement (AfterNext HealthTech Acquisition Corp.), Indemnity Agreement (TPG Pace Solutions Corp.), Indemnity Agreement (TPG Pace Tech Opportunities II Corp.)

Acquisition of Shares by Third Party. Other than an affiliate of TPG Global, LLCTradeUP Global Sponsor LLC (the “Sponsor”), any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (ciii) of this definition;

Appears in 2 contracts

Samples: Indemnity Agreement (TradeUP Global Corp), Indemnity Agreement (TradeUP Global Corp)

Acquisition of Shares by Third Party. Other than an affiliate of TPG Global, PowerUp Sponsor LLC, any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (c) of this definition;

Appears in 2 contracts

Samples: Indemnity Agreement (PowerUp Acquisition Corp.), Indemnity Agreement (PowerUp Acquisition Corp.)

Acquisition of Shares by Third Party. Other than an affiliate of TPG Global, ENT4.0 Technology Sponsor LLC, any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (c) of this definition;

Appears in 2 contracts

Samples: Form of Indemnity Agreement (BioPlus Acquisition Corp.), Form of Indemnity Agreement (Enterprise 4.0 Technology Acquisition Corp)

Acquisition of Shares by Third Party. Other than an affiliate of TPG Global, LLCPoema Global Partners LLC (the “Sponsor”), any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (ciii) of this definition;

Appears in 2 contracts

Samples: Indemnity Agreement (POEMA Global Holdings Corp.), Indemnity Agreement (POEMA Global Holdings Corp.)

Acquisition of Shares by Third Party. Other than an affiliate of TPG Global, Innovative International Sponsor I LLC, any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (c) of this definition;

Appears in 2 contracts

Samples: Indemnity Agreement (Innovative International Acquisition Corp.), Indemnity Agreement (Innovative International Acquisition Corp.)

Acquisition of Shares by Third Party. Other than an affiliate of TPG Global, Bridgetown 3 LLC, any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (c) of this definition;

Appears in 2 contracts

Samples: Indemnity Agreement (Bridgetown 3 Holdings LTD), Indemnity Agreement (Bridgetown 3 Holdings LTD)

Acquisition of Shares by Third Party. Other than an affiliate of TPG Global, Newcourt SPAC Sponsor LLC, any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (c) of this definition;

Appears in 2 contracts

Samples: Form of Indemnity Agreement (Newcourt Acquisition Corp), Form of Indemnity Agreement (Newcourt Acquisition Corp)

Acquisition of Shares by Third Party. Other than an affiliate of TPG Global, LCP Sponsor LLC, any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (c) of this definition;

Appears in 1 contract

Samples: Indemnity Agreement (LCP Acquisition Corp)

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Acquisition of Shares by Third Party. Other than an affiliate of TPG Global, LLCCCIF Global LLC (the “Sponsor”), any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (ciii) of this definition;

Appears in 1 contract

Samples: Form of Indemnity Agreement (CCIF Acquisition Corp.)

Acquisition of Shares by Third Party. Other than an affiliate of TPG Global, LRT Capital1 LLC, any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (c) of this definition;

Appears in 1 contract

Samples: Indemnity Agreement (European Sustainable Growth Acquisition Corp.)

Acquisition of Shares by Third Party. Other Any Person, other than an affiliate of TPG GlobalTZPS SPAC Holdings LLC (the “Sponsor”), LLC, any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (ciii) of this definition;

Appears in 1 contract

Samples: Indemnity Agreement (TZP Strategies Acquisition Corp.)

Acquisition of Shares by Third Party. Other than an affiliate of TPG Global, Global SPAC Sponsors LLC, any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (c) of this definition;

Appears in 1 contract

Samples: Form of Indemnity Agreement (Global SPAC Partners Co,)

Acquisition of Shares by Third Party. Other than an affiliate of TPG Global, Thunder Bridge Acquisition LLC, any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (c) of this definition;

Appears in 1 contract

Samples: Form of Indemnity Agreement (Thunder Bridge Acquisition LTD)

Acquisition of Shares by Third Party. Other than an affiliate of TPG Global, Alussa Energy Sponsor LLC, any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (c) of this definition;

Appears in 1 contract

Samples: Form of Indemnity Agreement (Alussa Energy Acquisition Corp.)

Acquisition of Shares by Third Party. Other than an affiliate of TPG Global, Thunder Bridge Acquisition II LLC, any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (c) of this definition;

Appears in 1 contract

Samples: Form of Indemnity Agreement (Thunder Bridge Acquisition II, LTD)

Acquisition of Shares by Third Party. Other than an affiliate of TPG Global, Nocturne Sponsor LLC, any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (c) of this definition;

Appears in 1 contract

Samples: Form of Indemnity Agreement (Nocturne Acquisition Corp)

Acquisition of Shares by Third Party. Other than an affiliate of TPG Global, Act II Global LLC, any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (c) of this definition;

Appears in 1 contract

Samples: Form of Indemnity Agreement (Act II Global Acquisition Corp.)

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