Common use of Capacity as a Stockholder Clause in Contracts

Capacity as a Stockholder. Notwithstanding anything herein to the contrary, the Sponsor signs this Agreement solely in its capacity as a record owner of, or owner of interests representing the economic benefits of, common stock and warrants of SPAC, and not in any other capacity and this Agreement shall not limit, prevent or otherwise affect the actions of the Sponsor or any Affiliate, employee or designee of the Sponsor, or any of the Sponsor’s respective Affiliates in his or her capacity, if applicable, as an officer or director of SPAC or any other Person, including in the exercise of his or her fiduciary duties as a director or officer of SPAC.

Appears in 2 contracts

Samples: Sponsor Support Agreement (Sizzle Acquisition Corp.), Sponsor Support Agreement (Artemis Strategic Investment Corp)

AutoNDA by SimpleDocs

Capacity as a Stockholder. Notwithstanding anything herein to the contrary, the Sponsor signs this Sponsor Agreement solely in its such Person’s capacity as a record owner of, or owner of interests representing the economic benefits of, common stock SPAC Class B Common Stock and warrants of SPACSPAC Warrants, and not in any other capacity and this Sponsor Agreement shall not limit, prevent or otherwise affect the actions of the Sponsor or any Affiliate, employee or designee of the Sponsor, or any of the Sponsor’s their respective Affiliates in his or her capacity, if applicable, as an officer or director of SPAC SPAC, either Merger Sub or any other Person, including in the exercise of his or her fiduciary duties as a director or officer of SPAC.

Appears in 1 contract

Samples: Sponsor Support Agreement (FAST Acquisition Corp. II)

AutoNDA by SimpleDocs

Capacity as a Stockholder. Notwithstanding anything herein to the contrary, the Sponsor signs this Sponsor Agreement solely in its such Person’s capacity as a record owner of, or owner of interests representing the economic benefits of, common stock SPAC Class B Common Stock and warrants of SPACSPAC Warrants, and not in any other capacity and this Sponsor Agreement shall not limit, prevent or otherwise affect the actions of the Sponsor or any Affiliate, employee or designee of the Sponsor, or any of the Sponsor’s their respective Affiliates in his or her capacity, if applicable, as an officer or director of SPAC SPAC, either Xxxxxx Sub or any other Person, including in the exercise of his or her fiduciary duties as a director or officer of SPAC.

Appears in 1 contract

Samples: Sponsor Support Agreement (FAST Acquisition Corp. II)

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