Waiver of Claims to Trust Account Clause Example from Business Contracts

This example Waiver of Claims to Trust Account clause appears in 3 contracts from 1 company

Waiver of Claims to Trust Account. Indemnitee hereby agrees that 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 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. View More