Waiver of Claims to Trust Account Clause Example with 44 Variations from Business Contracts

This page contains Waiver of Claims to Trust Account clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
Waiver of Claims to Trust Account. Notwithstanding anything contained herein to the contrary, Indemnitee hereby agrees that it does not have any right, title, interest or claim of any kind (each, a "Claim") in or to any monies in the trust account established in connection with the Company's initial public offering for the benefit of the Company and holders of shares issued in such offering, and hereby waives any Claim it may have in the future as a result of, or arising out of, any services provided to the Company and will not s...eek recourse against such trust account for any reason whatsoever. Accordingly, Indemnitee acknowledges and agrees that any indemnification provided hereto will only be able to be satisfied by the Company if (i) the Company has sufficient funds outside of the trust account to satisfy its obligations hereunder or (ii) the Company consummates a Business Combination. View More
Found in Tortoise Acquisition Corp. contract

Variations of a "Waiver of Claims to Trust Account" Clause from Business Contracts

Waiver of Claims to Trust Account. Notwithstanding anything contained herein to the contrary, Indemnitee hereby agrees that it he or she does not have any right, title, interest or claim of any kind (each, a "Claim") in or to any monies in the trust account established in connection with the Company's initial public offering for the benefit of the Company and holders of shares issued in such offering, and hereby waives any Claim it he or she may have in the future as a result of, or arising out of, any services provided to the Co...mpany and will not seek recourse against such trust account for any reason whatsoever. Accordingly, Indemnitee acknowledges and agrees that any indemnification provided hereto will only be able to be satisfied by 20 the Company if (i) the Company has sufficient funds outside of the trust account to satisfy its obligations hereunder or (ii) the Company consummates a Business Combination. an initial business combination. View More
Found in 6 Contracts from Provident Acquisition Corp.
Waiver of Claims to Trust Account. Notwithstanding anything contained herein to the contrary, Indemnitee hereby agrees that it does not have any right, title, interest or claim of any kind (each, a "Claim") in or to any monies in the trust account established in connection with the Company's initial public offering for the benefit of the Company and holders of shares issued in such offering, and hereby waives any Claim it may have in the future as a result of, or arising out of, any services provided to the Company and will not s...eek recourse against such trust account for any reason whatsoever. Accordingly, Indemnitee acknowledges and agrees that any indemnification provided hereto will only be able to be satisfied by the Company if (i) the Company has sufficient funds outside of the trust account to satisfy its obligations hereunder or (ii) the Company consummates a Business Combination. View More
Found in 188 Contracts from 99 Companies
Waiver of Claims to Trust Account. Notwithstanding anything contained herein to the contrary, Indemnitee hereby agrees that it Indemnitee does not have any right, title, interest or claim of any kind (each, a "Claim") in or to any monies in the trust account established in connection with the Company's initial public offering for the benefit of the Company and holders of shares issued in such offering, and hereby waives any Claim it Indemnitee may have in the future as a result of, or arising out of, any services provided to the ...Company and will not seek recourse against such trust account for any reason whatsoever. Accordingly, Indemnitee acknowledges and agrees that any indemnification provided hereto under this Agreement will only be able to be satisfied by the Company if (i) the Company has sufficient funds outside of the trust account to satisfy its obligations hereunder under this Agreement or (ii) the Company consummates a Business Combination. View More
Found in 7 Contracts from 5 Companies
Waiver of Claims to Trust Account. Notwithstanding anything contained herein to the contrary, Indemnitee hereby agrees that it does not have any right, title, interest or claim of any kind (each, a "Claim") in or to any monies in the trust account established in connection with the Company's initial public offering for the benefit of the Company and holders of shares the Company's securities issued in such offering, offering (the "Trust Account"), and hereby waives any Claim it may have in the future as a result of, or arising ou...t of, any services provided to the Company and will not seek recourse against such trust account Trust Account for any reason whatsoever. Accordingly, Indemnitee acknowledges and agrees that any indemnification provided hereto will only be able to be satisfied by the Company if (i) the Company has sufficient funds outside of the trust account 17 Trust Account to satisfy its obligations hereunder or (ii) the Company consummates a Business Combination. an initial business combination. View More
Found in 4 Contracts from Tiga Acquisition Corp.
Waiver of Claims to Trust Account. Notwithstanding anything contained herein to the contrary, Indemnitee hereby agrees that it does not have any right, title, interest or claim of any kind (each, a "Claim") in or to any monies in the trust account established in connection with the Company's initial public offering for the benefit of the Company and holders of shares of common stock issued in such offering, offering (the "Trust Account"), and hereby waives any Claim it may have in the future as a result of, or arising out of, any... services provided to the Company and will not seek recourse against such trust account Trust Account for any reason whatsoever. Accordingly, Indemnitee acknowledges and agrees that any indemnification provided hereto will only be able to be satisfied by the Company if (i) the Company has sufficient funds outside of the trust account Trust Account to satisfy its obligations hereunder or (ii) the Company consummates a Business Combination. an initial business combination. View More
Found in 2 Contracts from RF Acquisition Corp.
Waiver of Claims to Trust Account. Notwithstanding anything contained herein to the contrary, Indemnitee hereby agrees that it does not have any right, title, interest or claim of any kind (each, a "Claim") "Claim'') in or to any monies in the trust account established in connection with the Company's initial public offering for the benefit of the Company and holders of shares issued in such offering, offering (the "Trust Account"), and hereby waives any Claim it may have in the future as a result of, or arising out of, any servi...ces provided to the Company and will not seek recourse against such trust account Trust Account for any reason whatsoever. Accordingly, Indemnitee acknowledges and agrees that any indemnification provided hereto will only be able to be satisfied by the Company if (i) the Company has sufficient funds outside of the trust account Trust Account to satisfy its obligations hereunder or (ii) the Company consummates a Business Combination. an initial business combination. View More
Found in L&F Acquisition Corp. contract
Waiver of Claims to Trust Account. Notwithstanding anything contained herein to the contrary, Indemnitee hereby agrees that it does not have any right, title, interest or claim of any kind (each, a "Claim") in or to any monies in the trust account established in connection with the Company's initial public offering for the benefit of the Company and holders of shares issued in such offering, and hereby waives any Claim it may have in the future as a result of, or arising out of, any services provided to the Company and will not s...eek recourse against such trust account for any reason whatsoever. Accordingly, Indemnitee acknowledges and agrees that any indemnification provided hereto will only be able to be satisfied by the Company if (i) the Company has sufficient funds outside of the trust account Trust Account to satisfy its obligations hereunder or (ii) the Company consummates a Business Combination. Partnering Transaction. View More
Found in 10 Contracts from 4 Companies
Waiver of Claims to Trust Account. Notwithstanding anything contained herein to the contrary, Indemnitee hereby agrees that it does not have any right, title, interest or claim of any kind (each, a "Claim") in or to any monies in the trust account established in connection with the Company's initial public offering for the benefit of the Company and holders of shares issued in such offering, and hereby waives any Claim it may have in the future as a result of, or arising out of, any services provided to the Company and will not s...eek recourse against such trust account for any reason whatsoever. Accordingly, Indemnitee acknowledges and agrees that any indemnification provided hereto under this Agreement will only be able to be satisfied by the Company if (i) the Company has sufficient funds outside of the trust account to satisfy its obligations hereunder under this Agreement or (ii) the Company consummates a Business Combination. View More
Found in 6 Contracts from 6 Companies
Waiver of Claims to Trust Account. Notwithstanding anything contained herein to the contrary, Indemnitee hereby agrees that it does not have any right, title, interest or claim of any kind (each, a "Claim") in or to any monies in the trust account established in connection with the Company's initial public offering 14 for the benefit of the Company and holders of shares issued in such offering, offering (the "Trust Account"), and hereby waives any Claim it may have in the future as a result of, or arising out of, any services pro...vided to the Company and will not seek recourse against such trust account Trust Account for any reason whatsoever. Accordingly, Indemnitee acknowledges and agrees that any indemnification provided hereto will only be able to be satisfied by the Company if (i) the Company has sufficient funds outside of the trust account Trust Account to satisfy its obligations hereunder or (ii) the Company consummates a Business Combination. an initial business combination. View More
Found in Highland Transcend Partners I Corp. contract
Waiver of Claims to Trust Account. Notwithstanding anything contained herein to the contrary, Indemnitee hereby agrees that it does not have any right, title, interest or claim of any kind (each, a "Claim") in or to any monies in the trust account established in connection with the Company's initial public offering for the benefit of the Company and holders of shares issued in such offering, offering (the "Trust Account"), and hereby waives any Claim it may have in the future as a result of, or arising out of, any services provid...ed to the Company and will not 13 seek recourse against such trust account Trust Account for any reason whatsoever. Accordingly, Indemnitee acknowledges and agrees that any indemnification provided hereto will only be able to be satisfied by the Company if (i) the Company has sufficient funds outside of the trust account Trust Account to satisfy its obligations hereunder or (ii) the Company consummates a Business Combination. an initial business combination. View More
Found in 5 Contracts from Forbion European Acquisition Corp.