Common use of Redeemed Shares Clause in Contracts

Redeemed Shares. Each Purchaser Ordinary Share for which a holder has validly exercised its right of Redemption shall be surrendered and cancelled and shall cease to exist and no consideration shall be delivered or deliverable in exchange therefor.

Appears in 2 contracts

Samples: Business Combination Agreement (Tristar Acquisition I Corp.), Business Combination Agreement (Finnovate Acquisition Corp.)

AutoNDA by SimpleDocs

Redeemed Shares. Each Purchaser Ordinary Share for which a holder has validly exercised its right of Redemption shall be surrendered and cancelled and shall cease to exist and no consideration shall be delivered or deliverable in exchange therefor, except for cash in accordance with the Purchaser Charter and the IPO Prospectus.

Appears in 1 contract

Samples: Business Combination Agreement (Distoken Acquisition Corp)

Redeemed Shares. Each Purchaser Ordinary Share for which a holder has validly exercised its right of Redemption shall be surrendered and cancelled and shall cease to exist and no consideration shall be delivered or deliverable in exchange therefor.

Appears in 1 contract

Samples: Business Combination Agreement (East Stone Acquisition Corp)

AutoNDA by SimpleDocs

Redeemed Shares. Each Purchaser Ordinary Share for which a holder has validly exercised its right of Redemption shall be surrendered and cancelled and shall cease to exist and no consideration shall be delivered or deliverable in exchange thereforin connection with the Second Merger. For the avoidance of doubt, this Section 2.2(e) does not limit the right of a holder of Purchaser Ordinary Shares to be paid the Redemption Price in respect of any Purchaser Ordinary Shares redeemed in the Redemption.

Appears in 1 contract

Samples: Business Combination Agreement (Golden Star Acquisition Corp)

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