Common use of Non-Redemption Clause in Contracts

Non-Redemption. The Holder hereby agrees to either not request redemption or to reverse any previously submitted redemption demand with respect to an aggregate of _____ Public Shares (“Non-Redeemed Shares”) it holds at the Meeting; provided that in no event ▇▇▇▇ ▇▇▇▇▇▇ be required to hold a number of Public Shares representing in excess of 9.9% of the total number of shares of Class A common stock of the Company following the effectuation of the Extension Proposal. The Holder shall have no obligation to hold any Public Shares following the effectuation of the Extension.

Appears in 3 contracts

Sources: Share Transfer Agreement (Northern Star Investment Corp. III), Share Transfer Agreement (Pivotal Investment Corp III), Share Transfer Agreement (Northern Star Investment Corp. IV)

Non-Redemption. The Holder hereby agrees to either not request redemption or to reverse any previously submitted redemption demand with respect to an aggregate of ______ Public Shares (“Non-Redeemed Shares”) it holds at the Meeting; provided that in no event ▇▇▇▇ ▇▇▇▇▇▇ be required to hold a number of Public Shares representing in excess of 9.9% of the total number of shares of Class A common stock of the Company following the effectuation of the Extension Proposal. The Holder shall have no obligation to hold any Public Shares following the effectuation of the Extension.

Appears in 3 contracts

Sources: Share Transfer Agreement (Northern Star Investment Corp. IV), Share Transfer Agreement (Northern Star Investment Corp. III), Share Transfer Agreement (Northern Star Investment Corp. II)

Non-Redemption. The Holder hereby agrees to either not request redemption or to reverse any previously submitted redemption demand with respect to an aggregate of ______ Public Shares (“Non-Redeemed Shares”) it holds at the Meeting; provided that in no event w▇▇▇ ▇▇▇▇▇▇ be required to hold a number of Public Shares representing in excess of 9.9% of the total number of shares of Class A common \common stock of the Company following the effectuation consummation of the Extension ProposalBusiness Combination. The Holder shall have no obligation to hold any Public Shares following the effectuation consummation of the ExtensionBusiness Combination.

Appears in 1 contract

Sources: Share Transfer Agreement (Southland Holdings, Inc.)

Non-Redemption. The Holder hereby agrees to either not request redemption or to reverse any previously submitted redemption demand with respect to an aggregate of _____ Public Shares (“Non-Redeemed Shares”) it holds at the Meeting; provided that in no event ▇▇▇▇ ▇▇▇▇▇▇ be required to hold a number of Public Shares representing in excess of 9.9% of the total number of shares of Class A common stock of the Company following the effectuation of the Extension Proposal. The Holder shall have no obligation to hold any Public Shares following the effectuation of the Extension.

Appears in 1 contract

Sources: Share Transfer Agreement (Northern Star Investment Corp. II)