Certain Defined Terms Clause Example from Business Contracts

This example Certain Defined Terms clause appears in 4 contracts from 2 companies

Certain Defined Terms. For purposes of this Agreement, (a) except where otherwise expressly provided, the term "affiliate" has the meaning set forth in Rule 405 under the Securities Act; and (b) the term "business day" means any day other than a day on which banks are permitted or required to be closed in New York City; and (c) the term "Liquidation" means the distributions of the Trust Account to the Public Shareholders in connection with the redemption of the Class A Ordinary Shares held by the Public Shareholders... pursuant to the terms of the Company's Amended and Restated Memorandum and Articles of Association, as amended, if the Company fails to consummate a Business Combination with the time period provided therein. View More Arrow