Common use of Redemption and Liquidation Clause in Contracts

Redemption and Liquidation. The Purchaser hereby waives, with respect to any Forward Purchase Shares held by it, any redemption rights it may have in connection with (i) the consummation of a Business Combination, including any such rights available in the context of a shareholder vote to approve such Business Combination and (ii) any shareholder vote to approve an amendment to the Articles (A) to modify the substance or timing of the Company’s obligation to redeem 100% of the Company’s Class A ordinary shares if the Company does not complete its Business Combination within 15 months after the IPO closing (or up to 21 months after the IPO Closing if the Company extends the period of time to consummate its initial Business Combination as described in the Registration Statement, File No. 333-262354), or (B) with respect to any other provisions relating to the rights of the Company’s Class A ordinary shares, it being understood that the Purchaser shall be entitled to redemption and liquidation rights with respect to any Class A ordinary shares held by it other than the Forward Purchase Shares.

Redemption and Liquidation. The Purchaser hereby waives, with respect to any Forward Purchase Shares held by it, any redemption rights it may have in connection with (i) the consummation of a Business Combination, including any such rights available in the context of a shareholder vote to approve such Business Combination and (ii) any shareholder vote to approve an amendment to the Articles (A) to modify the substance or timing of the Company’s obligation to redeem 100% of the Company’s Class A ordinary shares if the Company does not complete its Business Combination within 15 months after the IPO closing (or up to 21 months after the IPO Closing if the Company extends the period of time to consummate its initial Business Combination as described in the Registration Statement, File No. 333-262354), or (B) with respect to any other provisions relating to the rights of the Company’s Class A ordinary shares, it being understood that the Purchaser shall be entitled to redemption and liquidation rights with respect to any Class A ordinary shares held by it other than the Forward Purchase Shares.