Waiver of Claims to Trust Account Clause Example from Business Contracts

This example Waiver of Claims to Trust Account clause appears in 8 contracts from 2 companies

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 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
Found in Jeneration Acquisition Corp contract
Jeneration Acquisition Corp Contracts

Form of Indemnity Agreement (Filed With SEC on March 22, 2021)

Black Spade Acquisition Co Contracts

Form of Indemnity Agreement (Filed With SEC on June 29, 2021)

Indemnity Agreement, dated July 15, 2021, between the Company and Chi Wai Dennis Tam (Filed With SEC on July 20, 2021)

Indemnity Agreement, dated July 15, 2021, between the Company and Shing Joe Kester Ng (Filed With SEC on July 20, 2021)

Indemnity Agreement, dated July 15, 2021, between the Company and Francis Chi Yin Ng (Filed With SEC on July 20, 2021)

Indemnity Agreement, dated July 15, 2021, between the Company and Robert Steven Moore (Filed With SEC on July 20, 2021)

Indemnity Agreement, dated July 15, 2021, between the Company and Po Yi Patsy Chan (Filed With SEC on July 20, 2021)

Indemnity Agreement, dated July 15, 2021, between the Company and Wing Hong Sammy Hsieh (Filed With SEC on July 20, 2021)