Common use of Surrender of Shares Clause in Contracts

Surrender of Shares. (a) The Subscriber hereby irrevocably surrenders to the Company for no consideration 1,437,500 Class B Shares. (b) The Subscriber confirms that the Company has not, as at the date of this letter, issued any share certificates to it.

Appears in 4 contracts

Sources: Surrender of Shares and Amendment to the Securities Subscription Agreement (Artius II Acquisition Inc.), Securities Subscription Agreement (Focus Impact Acquisition Corp.), Securities Subscription Agreement (Swiftmerge Acquisition Corp.)

Surrender of Shares. (a) The Subscriber hereby irrevocably surrenders to the Company for no consideration 1,437,500 14,375,000 Class B Shares. (b) The Subscriber confirms that the Company has not, as at the date of this letter, issued any share certificates to it.

Appears in 1 contract

Sources: Securities Subscription Agreement (AltC Acquisition Corp.)

Surrender of Shares. (a) The Subscriber hereby irrevocably surrenders to the Company for no consideration 1,437,500 Class B 2,875,000 Series F Shares. (b) The Subscriber confirms that the Company has not, as at the date of this letter, issued any share certificates to it.

Appears in 1 contract

Sources: Securities Subscription Agreement (Post Holdings Partnering Corp)

Surrender of Shares. (a) a. The Subscriber hereby irrevocably surrenders to the Company for no consideration 1,437,500 2,875,000 Class B Shares. (b) b. The Subscriber confirms that the Company has not, as at the date of this letter, issued any share certificates to it.

Appears in 1 contract

Sources: Surrender of Shares and Amendment No. 1 to the Securities Subscription Agreement (Twelve Seas Investment Co IV TMT)

Surrender of Shares. (a) The Subscriber hereby irrevocably surrenders to the Company for no consideration 1,437,500 Class B 1,197,000 Original Founder Shares. (b) The Subscriber confirms that the Company has not, as at the date of this letter, issued any share certificates to it.

Appears in 1 contract

Sources: Surrender of Shares and Amendment to the Securities Subscription Agreement (Arena Fortify Acquisition Corp.)

Surrender of Shares. (a) The Subscriber hereby irrevocably surrenders to the Company for no consideration 1,437,500 2,875,000 Class B Shares and agrees that the Subscriber (together with any successor in interest) shall no longer have any rights as a holder of such surrendered Class B Shares, and the Company shall take such action as is appropriate to cancel such surrendered Class B Shares. (b) The Subscriber confirms that the Company has not, as at the date of this letter, issued any share certificates to it.

Appears in 1 contract

Sources: Securities Subscription Agreement (Jackson Acquisition Co)

Surrender of Shares. (a) a. The Subscriber hereby irrevocably surrenders to the Company for no consideration 1,437,500 718,750 Class B Shares. (b) b. The Subscriber confirms that the Company has not, as at the date of this letter, issued any share certificates to it.

Appears in 1 contract

Sources: Surrender of Shares and Amendment No. 1 to the Securities Subscription Agreement (Macondray Capital Acquisition Corp. I)

Surrender of Shares. (a) The Subscriber hereby irrevocably surrenders to the Company for no consideration 1,437,500 2,875,000 Class B F Shares. (b) The Subscriber confirms that the Company has not, as at the date of this letter, issued any share certificates to it.

Appears in 1 contract

Sources: Securities Subscription Agreement (Fortress Value Acquisition Corp. III)

Surrender of Shares. (a) The Subscriber hereby irrevocably surrenders to the Company for no consideration 1,437,500 8,625,000 Class B F Shares. (b) The Subscriber confirms that the Company has not, as at the date of this letter, issued any share certificates to it.

Appears in 1 contract

Sources: Securities Subscription Agreement (Gores Holdings VI, Inc.)

Surrender of Shares. (a) The Subscriber hereby irrevocably surrenders to the Company for no consideration 1,437,500 Class B F Shares. (b) The Subscriber confirms that the Company has not, as at the date of this letter, issued any share certificates to it.

Appears in 1 contract

Sources: Surrender of Shares and Amendment No. 1 to the Amended and Restated Securities Subscription Agreement (Crescent Acquisition Corp)

Surrender of Shares. (a) The Subscriber hereby irrevocably surrenders to the Company for no consideration 1,437,500 2,875,000 Class B Shares. (b) The Subscriber confirms that the Company has not, as at the date of this letterAgreement, issued any share certificates to it.

Appears in 1 contract

Sources: Securities Subscription Agreement (7 Acquisition Corp)

Surrender of Shares. (a) The Subscriber hereby irrevocably surrenders to the Company for no consideration 1,437,500 2,156,250 Class B Shares. (b) The Subscriber confirms that the Company has not, as at the date of this letter, issued any share certificates to it.

Appears in 1 contract

Sources: Securities Subscription Agreement (dMY Technology Group, Inc. VI)

Surrender of Shares. (a) The Subscriber hereby irrevocably surrenders to the Company for no consideration 1,437,500 6,468,750 Class B F Shares. (b) The Subscriber confirms that the Company has not, as at the date of this letter, issued any share certificates to it.

Appears in 1 contract

Sources: Securities Subscription Agreement (Gores Holdings VI, Inc.)

Surrender of Shares. (a) The Subscriber hereby irrevocably surrenders to the Company for no consideration 1,437,500 287,500 Class B Shares. (b) The Subscriber confirms that the Company has not, as at the date of this letter, issued any share certificates to it.

Appears in 1 contract

Sources: Subscription Agreement (CBRE Acquisition Holdings, Inc.)

Surrender of Shares. (a) The Subscriber hereby irrevocably surrenders to the Company for no consideration 1,437,500 4,025,000 Class B Ordinary Shares. (b) The Subscriber confirms that the Company has not, as at the date of this letter, issued any share certificates to it.

Appears in 1 contract

Sources: Surrender of Shares and Amendment to the Securities Subscription Agreement (Gores Holdings X, Inc. / CI)