Principal. The principal balance of this Note shall be payable by Maker on the date on which Maker consummates its Business Combination. The principal balance may be prepaid at any time. Under no circumstances shall any individual, including but not limited to any officer, director, employee or shareholder of the Maker, be obligated personally for any obligations or liabilities of the Maker hereunder.
Appears in 23 contracts
Sources: Expense Advance Agreement (Cantor Equity Partners I, Inc.), Expense Advance Agreement (Cantor Equity Partners, Inc.), Expense Advance Agreement (Cantor Equity Partners, Inc.)
Principal. The principal balance of this Note shall be payable by Maker on the date on which Maker consummates its Business CombinationCombination in cash or Conversion Shares as set forth in this Note. The principal balance may be prepaid at any time. Under no circumstances shall any individual, including but not limited to any officer, director, employee or shareholder of the Maker, be obligated personally for any obligations or liabilities of the Maker hereunder.
Appears in 10 contracts
Sources: Expense Advance Agreement (Cantor Equity Partners V, Inc.), Expense Advance Agreement (Cantor Equity Partners IV, Inc.), Expense Advance Agreement (Cantor Equity Partners IV, Inc.)
Principal. The principal balance of this Note shall be payable by the Maker on the date on which Maker consummates its Business CombinationCombination (the “Maturity Date”). The principal balance may be prepaid at any time. Under no circumstances shall any individual, including but not limited to any officer, director, employee or shareholder of the Maker, be obligated personally for any obligations or liabilities of the Maker hereunder.
Appears in 5 contracts
Sources: Working Capital Loan Agreement (Vector Acquisition Corp II), Working Capital Loan Agreement (Vector Acquisition Corp II), Working Capital Loan Agreement (Vector Acquisition Corp II)
Principal. The principal balance of this Note shall be payable by Maker on the date on which Maker consummates its Business Combinationinitial business combination. The principal balance may be prepaid at any time. Under no circumstances shall any individual, including but not limited to any officer, director, employee or shareholder stockholder of the Maker, be obligated personally for any obligations or liabilities of the Maker hereunder.
Appears in 1 contract