Amendments to Certain Agreements. The Company shall not amend, modify or otherwise change Section 7 of the Insider Letter (with respect to lock-ups) and Section 1(i) of the Trust Agreement (with respect to disbursement from the Trust Account upon the closing of the Business Combination) without the prior written consent of the Representative, which such consent shall not be unreasonably delayed, conditioned or withheld by the Representative. The Trust Agreement shall provide that the trustee is required to obtain a joint written instruction signed by both the Company and the Representative with respect to the transfer of the funds held in the Trust Account from the Trust Account, prior to commencing any liquidation of the assets of the Trust Account in connection with the consummation of any Business Combination.
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Sources: Underwriting Agreement (Insight Digital Partners II), Underwriting Agreement (Evolution Global Acquisition Corp), Underwriting Agreement (Digital Asset Acquisition Corp.)
Amendments to Certain Agreements. The Company shall not amend, modify or otherwise change Section 7 of the Insider Letter (with respect to lock-ups) and Section 1(i) of the Trust Agreement (with respect to disbursement from the Trust Account upon the closing of the Business Combination) without the prior written consent of the Representative, which such consent shall not be unreasonably delayed, conditioned or withheld by the Representative. The Trust Agreement shall provide that the trustee Trustee is required to obtain a joint written instruction signed by both the Company and the Representative with respect to the transfer of the funds held in the Trust Account from the Trust Account, prior to commencing any liquidation of the assets of the Trust Account in connection with the consummation of any Business Combination.
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