Affiliated Transactions. The Company shall cause each of the Initial Stockholders to agree that, in order to minimize potential conflicts of interest which may arise from multiple affiliations, the Initial Stockholders will present to the Company for its consideration, prior to presentation to any other person or company, any suitable opportunity to acquire an operating business, until the earlier of the consummation by the Company of a Business Combination, the liquidation of the Company or until such time as the Initial Stockholders cease to be an officer or director of the Company, subject to any pre-existing fiduciary obligations the Initial Stockholders might have or new fiduciary obligations related to or affiliated with entities to whom the Initial Stockholders have pre-existing fiduciary obligations, including, but not limited to, fiduciary obligations to next generation, follow-on or successor entities to any entities to which the Initial Stockholders have pre-existing obligations.
Appears in 34 contracts
Sources: Underwriting Agreement (India Globalization Capital, Inc.), Underwriting Agreement (China Mineral Acquisition CORP), Underwriting Agreement (China Mineral Acquisition CORP)
Affiliated Transactions. The Company shall cause each of the Initial Stockholders to agree that, in order to minimize potential conflicts of interest which may arise from multiple affiliations, the Initial Stockholders will present to the Company for its consideration, prior to presentation to any other person or company, any suitable opportunity to acquire an operating business, until the earlier of the consummation by the Company of a Business Combination, the liquidation of the Company or until such time as the Initial Stockholders cease to be an officer or director of the Company, subject to any pre-existing fiduciary obligations the Initial Stockholders might have or new fiduciary obligations related to or affiliated with entities to whom the Initial Stockholders have pre-existing fiduciary obligations, including, but not limited to, fiduciary obligations to next generation, follow-on or successor entities to any entities to which the Initial Stockholders have pre-existing obligations.
Appears in 27 contracts
Sources: Underwriting Agreement (Juniper Partners Acquisition Corp.), Underwriting Agreement (Stoneleigh Partners Acquisition Corp.), Underwriting Agreement (Stoneleigh Partners Acquisition Corp.)
Affiliated Transactions. The Company shall cause each of the Initial Stockholders to agree that, in order to minimize potential conflicts of interest which may arise from multiple affiliations, the Initial Stockholders will present to the Company for its consideration, prior to presentation to any other person or company, any suitable opportunity to acquire an operating business, until the earlier of the consummation by the Company of a Business Combination, the liquidation of the Company or until such time as the Initial Stockholders cease to be an officer or director of the Company, subject to any pre-existing fiduciary or contractual obligations the Initial Stockholders might have have, or new fiduciary obligations related to or affiliated with entities to whom the such Initial Stockholders have pre-existing fiduciary obligations, obligations including, but not limited to, fiduciary obligations to next generation, follow-on or successor entities to any entities to which the such Initial Stockholders have pre-existing obligationsobligations or as otherwise set forth in the Registration Statement.
Appears in 10 contracts
Sources: Underwriting Agreement (Lumax Acquisition Corp.), Underwriting Agreement (Restaurant Acquisition Partners, Inc.), Underwriting Agreement (Restaurant Acquisition Partners, Inc.)
Affiliated Transactions. The Company shall cause each of the Initial Stockholders J▇▇▇▇ ▇. ▇▇▇▇▇▇ and K▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇▇ to agree that, in order to minimize potential conflicts of interest which may arise from multiple affiliations, the such Initial Stockholders will present to the Company for its consideration, prior to presentation to any other person or company, any suitable opportunity to acquire an operating business, until the earlier of the consummation by the Company of a Business Combination, the liquidation of the Company or until such time as the Initial Stockholders cease to be an officer or director of the Company, subject to any pre-existing fiduciary obligations the such Initial Stockholders might have or new fiduciary obligations related to or affiliated with entities to whom the such Initial Stockholders have pre-existing fiduciary obligations, obligations including, but not limited to, fiduciary obligations to next generation, follow-on or successor entities to any entities to which the such Initial Stockholders have pre-existing obligationsobligations or as otherwise set forth in the Registration Statement.
Appears in 3 contracts
Sources: Underwriting Agreement (JK Acquisition Corp.), Underwriting Agreement (JK Acquisition Corp.), Underwriting Agreement (JK Acquisition Corp.)
Affiliated Transactions. The Company shall cause each of the Initial Stockholders to agree that, in order to minimize potential conflicts of interest which may arise from multiple affiliations, the Initial Stockholders will present to the Company for its consideration, prior to presentation to any other person or company, any suitable opportunity to acquire an operating businessbusiness with a value in excess of $50,000,000, until the earlier of the consummation by the Company of a Business Combination, the liquidation of the Company or until such time as the Initial Stockholders cease to be an officer or director of the Company, subject to any pre-existing fiduciary obligations the Initial Stockholders might have or new fiduciary obligations related to or affiliated with entities to whom the Initial Stockholders have pre-existing fiduciary obligations, including, but not limited to, fiduciary obligations to next generation, follow-on or successor entities to any entities to which the Initial Stockholders have pre-existing obligations.
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Affiliated Transactions. The Company shall cause each of the Initial Stockholders to agree that, in order to minimize potential conflicts of interest which may arise from multiple affiliations, the such Initial Stockholders will present to the Company for its consideration, prior to presentation to any other person or company, any suitable opportunity to acquire an operating business, until the earlier of the consummation by the Company of a Business Combination, the liquidation of the Company or until such time as the Initial Stockholders cease to be an officer or director of the Company, subject to any pre-existing fiduciary obligations the such Initial Stockholders might have or new fiduciary obligations related to or affiliated with entities to whom the such Initial Stockholders have pre-existing fiduciary obligations, obligations including, but not limited to, fiduciary obligations to next generation, follow-on or successor entities to any entities to which the such Initial Stockholders have pre-existing obligationsobligations or as otherwise set forth in the Registration Statement.
Appears in 1 contract
Sources: Underwriting Agreement (Energy Services Acquisition Corp.)
Affiliated Transactions. The Company shall cause each of the Initial Stockholders Shareholders to agree that, in order to minimize potential conflicts of interest which may arise from multiple affiliations, the Initial Stockholders Shareholders will present to the Company for its consideration, prior to presentation to any other person or company, any suitable opportunity to acquire an operating business, until the earlier of the consummation by the Company of a Business Combination, the liquidation of the Company or until such time as the Initial Stockholders Shareholders cease to be an officer or director of the Company, subject to any pre-existing fiduciary obligations the Initial Stockholders Shareholders might have or new fiduciary obligations related to or affiliated with entities to whom the Initial Stockholders Shareholders have pre-existing fiduciary obligations, including, but not limited to, fiduciary obligations to next generation, follow-on or successor entities to any entities to which the Initial Stockholders Shareholders have pre-existing obligations.. Page 29 of 33
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