Waiver of Claims to Trust Account Clause Example from Business Contracts

This example Waiver of Claims to Trust Account clause appears 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 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 Partnering Transaction. View More

Found in Executive Network Partnering Corp contract

Executive Network Partnering Corp Contracts

Form of Indemnity Agreement (Filed With SEC on August 24, 2020)

Periphas Capital Partnering Corp Contracts

Form of Indemnity Agreement (Filed With SEC on October 29, 2020)

Corsair Partnering Corp Contracts

Form of Indemnity Agreement (Filed With SEC on March 8, 2021)

Indemnity Agreement, dated June 30, 2021, between the Company and D.T. Ignacio Jayanti (Filed With SEC on July 7, 2021)

Indemnity Agreement, dated June 30, 2021, between the Company and Jeremy S. Schein (Filed With SEC on July 7, 2021)

Indemnity Agreement, dated June 30, 2021, between the Company and Paul Cabral (Filed With SEC on July 7, 2021)

Indemnity Agreement, dated June 30, 2021, between the Company and Maripat Alpuche (Filed With SEC on July 7, 2021)

Indemnity Agreement, dated June 30, 2021, between the Company and Daniel J. Eckert (Filed With SEC on July 7, 2021)