Common use of No Arrangements Clause in Contracts

No Arrangements. Seller, Counterparty and Pubco each acknowledge and agree that: (i) there are no voting, hedging or settlement arrangements between or among Seller, Counterparty and Pubco with respect to any Shares or the Counterparty or Pubco, other than those set forth herein; (ii) Seller may hedge its risk under the Transaction in any way Seller determines (that does not otherwise violate the terms of this Confirmation), provided that Seller has no obligation to hedge with the purchase, sale or maintenance of any Shares or otherwise; (iii) Counterparty and Pubco will not be entitled to any voting rights in respect of any of the Shares underlying the Transaction; and (iv) Counterparty and Pubco will not seek to influence Seller with respect to the voting or disposition of any Shares.

Appears in 2 contracts

Sources: Otc Equity Prepaid Forward Transaction (CIIG Capital Partners II, Inc.), Otc Equity Prepaid Forward Transaction (Zapp Electric Vehicles Group LTD)

No Arrangements. Seller, Counterparty Counterparty, ESG and Pubco PubCo each acknowledge and agree that: (i) there are no voting, hedging or settlement arrangements between or among Seller, Counterparty Counterparty, ESG and Pubco PubCo with respect to any Shares or the Counterparty or PubcoShares, other than those set forth herein; (ii) Seller may hedge its risk under the Transaction in any way Seller determines (that does not otherwise violate the terms of this Confirmation), provided that Seller has no obligation to hedge with the purchase, sale or maintenance of any Shares or otherwise; (iii) Counterparty Counterparty, ESG and Pubco PubCo will not be entitled to any voting rights in respect of any of the Shares underlying the Transaction; and (iv) Counterparty Counterpart, ESG and Pubco PubCo will not seek to influence Seller with respect to the voting or disposition of any Shares.

Appears in 1 contract

Sources: Otc Equity Prepaid Forward Transaction (Genesis Unicorn Capital Corp.)