Examples of SPAC Board in a sentence
Sellers will, immediately after the Closing, appoint Xxxxx Xxxxxxx to the SPAC Board, subject to Xxxxx Xxxxxxx being qualified under the SPAC’s Constitutive Documents and applicable Law, and not objected to by the Ontario Securities Commission or the NEO Exchange.
Xxxxxxxxx to the SPAC Board to serve so long as Seller holds at least forty percent (40%) of the Exchangeable Shares (including the SPAC Class B Shares issued upon conversion or exchange of such Exchangeable Shares) issued to Seller at the Closing pursuant to this Agreement1.
In such case, subject to any required SPAC shareholder approval, the SPAC will take all action necessary to correspondingly increase the size of the SPAC Board and cause the election of Xxxx X.
In such case, subject to any required SPAC shareholder approval, the SPAC will take all action necessary to correspondingly increase the size of the SPAC Board and cause the election of Xxxxx Xxxxxxx to the SPAC Board to serve so long as Xxxxx Xxxxxxx holds at least forty percent (40%) of the Exchangeable Shares (including the SPAC Class B Shares issued upon conversion or exchange of such Exchangeable Shares) issued to Xxxxx Xxxxxxx at the Closing pursuant to this Agreement.
No other proceedings on the part of SPAC (including any action by SPAC Board or SPAC Shareholders), except for the receipt of the Required Vote, are necessary to approve and authorize the execution, delivery or performance of this Agreement and the Ancillary Agreements to which SPAC is a party and the consummation of the transactions contemplated hereby and thereby.
In such case, the SPAC will take all action necessary to correspondingly increase the size of the SPAC Board and cause the election of Xxxxx X.
The execution, delivery and performance of this Agreement, the Ancillary Agreements to which SPAC is a party and the transactions contemplated hereby and thereby have been duly approved and authorized by all requisite SPAC Board action on the part of SPAC.