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 1 company

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, (ii) the Company consummates a Business Combination or (iii) covered under the Company's policy of directors' and officers' liability insurance. View More
Found in EG Acquisition Corp. contract
EG Acquisition Corp. Contracts

Form of Indemnity Agreement (Filed With SEC on May 11, 2021)

Indemnity Agreement, dated May 25, 2021, by and between the Company and Gregg S. Hymowitz (Filed With SEC on June 1, 2021)

Indemnity Agreement, dated May 25, 2021, by and between the Company and Gary Fegel (Filed With SEC on June 1, 2021)

Indemnity Agreement, dated May 25, 2021, by and between the Company and Sophia Park Mullen (Filed With SEC on June 1, 2021)

Indemnity Agreement, dated May 25, 2021, by and between the Company and Louise Curbishley (Filed With SEC on June 1, 2021)

Indemnity Agreement, dated May 25, 2021, by and between the Company and Linda Hall Daschle (Filed With SEC on June 1, 2021)

Indemnity Agreement, dated May 25, 2021, by and between the Company and Jonathan Silver (Filed With SEC on June 1, 2021)

Indemnity Agreement, dated May 25, 2021, by and between the Company and Noorsurainah (Su) Tengah (Filed With SEC on June 1, 2021)