Presentation of Potential Target Businesses Sample Clauses
The Presentation of Potential Target Businesses clause defines the process and requirements for introducing or identifying businesses that may be suitable for acquisition, investment, or partnership. Typically, this clause outlines who is authorized to present such opportunities, the format or information required for a valid presentation, and any necessary confidentiality or exclusivity provisions. Its core function is to ensure that all parties have a clear, standardized method for considering new business opportunities, thereby reducing misunderstandings and streamlining the evaluation process.
Presentation of Potential Target Businesses. The Company shall cause each of the Initial Shareholders to agree that, in order to minimize potential conflicts of interest which may arise from multiple affiliations, the Initial 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 or the liquidation of the Company, subject to any pre-existing fiduciary obligations the Initial Shareholders might have.
Presentation of Potential Target Businesses. The Company shall cause each of the Respondents to agree that, in order to minimize potential conflicts of interest which may arise from multiple affiliations, the Respondents 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 or the liquidation of the Trust Account, subject to any pre-existing fiduciary obligations the Respondents might have.
Presentation of Potential Target Businesses. The Company shall cause the Sponsor and each of the Company’s officers and directors to agree that, in order to minimize potential conflicts of interest which may arise from multiple affiliations, the Sponsor and each of the Company’s officers and directors 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 or the liquidation of the Company, subject to any pre-existing fiduciary obligations the Sponsor and each of the Company’s officers and directors might have.
Presentation of Potential Target Businesses. 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 a Target Business, until the earlier of the consummation by the Company of a Business Combination, the commencement of liquidation proceedings 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.
Presentation of Potential Target Businesses. The Company shall cause each of the Directors/Officers, Special Advisors and Initial Stockholders to agree that, in order to minimize potential conflicts of interest which may arise from multiple affiliations, the Directors/Officers, Special Advisors and 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 or the liquidation of the Company, subject to any pre-existing fiduciary obligations such Director/Officer, Special Advisor or Initial Stockholder might have.
Presentation of Potential Target Businesses. The Company shall cause each of its officers and directors to agree that, in order to minimize potential conflicts of interest which may arise from multiple affiliations, each such officer and director will present to the Company for its consideration, prior to presentation to any other person or company, any suitable opportunity to acquire a Target Business, until the earlier of the consummation by the Company of a Business Combination, the distribution of the Trust Account or until such time as each such officer or director shall cease to be an officer or director of the Company, subject to any fiduciary obligations such officer or director might have as a result of a fiduciary relationship established prior to the establishment of a fiduciary relationship with the Company.
Presentation of Potential Target Businesses. The Company shall cause each of its Officers and Directors to agree that, in order to minimize potential conflicts of interest which may arise from multiple affiliations, each such Officer or Director will present to the Company for its consideration, prior to presentation to any other person or company, any suitable opportunity to acquire a Target Business, until the earlier of the consummation by the Company of a Business Combination, the distribution of the funds held in the Trust Account or until such time as such Officer or Director ceases to be an officer or director of the Company; provided, however, that the presentation of such opportunities to the Company shall be subject to any fiduciary or contractual obligations of such Officer or Director arising from a fiduciary or contractual relationship established prior to the establishment of such Officer’s or Director’s fiduciary relationship with the Company.
Presentation of Potential Target Businesses. The Company shall cause the Sponsor, Tradeup INC. and each of the Company’s officers and directors to agree that, in order to minimize potential conflicts of interest which may arise from multiple affiliations, the Sponsor, Tradeup INC. and each of the Company’s officers and directors 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 or the liquidation of the Company, subject to any pre-existing fiduciary obligations the Sponsor and each of the Company’s officers and directors might have.
Presentation of Potential Target Businesses. The Company shall cause each of the Insider Stockholders to agree that, in order to minimize potential conflicts of interest which may arise from multiple affiliations, the Insider Stockholders will present to the Company for its consideration, prior to presentation to any other person or company, any suitable opportunity to acquire a Target 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 Insider Stockholders cease to be an officer or director of the Company, subject to any pre-existing fiduciary obligations the Initial Stockholders might have.
Presentation of Potential Target Businesses. The Company shall cause the Company’s officers, directors and Initial Stockholders to agree that, in order to minimize potential conflicts of interest which may arise from multiple affiliations, the Company’s officers, directors and 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 (i) the consummation by the Company of a Business Combination, (ii) fifteen (15) months from the Effective Date (subject to extension, as described in the Prospectus) or (iii) the liquidation of the Company, subject to any pre-existing fiduciary or contractual obligations the Initial Stockholders might have.