Waiver of Claims to Trust Account Clause Example from Business Contracts

This example Waiver of Claims to Trust Account clause appears in 6 contracts from 1 company

Waiver of Claims to Trust Account. Indemnitee hereby agrees that 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 he or she 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 a...ny 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 an initial business combination. View More Arrow
Found in Provident Acquisition Corp. contract
Provident Acquisition Corp. Contracts

Form of Indemnity Agreement (Filed With SEC on December 22, 2020)

Indemnity Agreement, dated January 7, 2021, between the Company and Winato Kartono (Filed With SEC on January 12, 2021)

Indemnity Agreement, dated January 7, 2021, between the Company and Michael Aw Soon Beng (Filed With SEC on January 12, 2021)

Indemnity Agreement, dated January 7, 2021, between the Company and Andrew Joseph Hoffmann (Filed With SEC on January 12, 2021)

Indemnity Agreement, dated January 7, 2021, between the Company and Charles Mark Broadley (Filed With SEC on January 12, 2021)

Indemnity Agreement, dated January 7, 2021, between the Company and Kenneth Walton Hitchner III (Filed With SEC on January 12, 2021)