Common use of Transactions Closing Clause in Contracts

Transactions Closing. Pre-Closing Actions 25 Section 2.2. The Mergers 28 Section 2.3. Effect of the Mergers on Issued Securities of SPAC, Merger Sub 1 and Merger Sub 2 29 Section 2.4. Closing Deliverables 31 Section 2.5. Cancellation of SPAC Equity Securities and Disbursement of Merger Consideration 32 Section 2.6. Further Assurances 33 Section 2.7. Dissenter’s Rights 33 Section 2.8. Withholding 34 Section 3.1. Organization, Good Standing and Qualification 34 Section 3.2. Subsidiaries 35 Section 3.3. Capitalization of the Company 35 Section 3.4. Capitalization of Subsidiaries 36 Section 3.5. Authorization 37 Section 3.6. Consents; No Conflicts 38 Section 3.7. Compliance with Laws; Consents; Permits 38 Section 3.8. Tax Matters 41 Section 3.9. Financial Statements 42 Section 3.10. Absence of Changes 43 Section 3.11. Actions 43 Section 3.12. Undisclosed Liabilities 43 Section 3.13. Material Contracts and Commitments 43 Section 3.14. Title; Properties 44 Section 3.15. Intellectual Property Rights and Data 46 Section 3.16. Privacy and Cybersecurity 49 Section 3.17. Labor and Employee Matters 51 Section 3.18. Brokers 52 Section 3.19. Environmental Matters 52 Section 3.20. Insurance 52 Section 3.21. Company Related Parties 53 Section 3.22. Proxy/Registration Statement 53 Section 3.23. No Additional Representations or Warranties ARTICLE IV 53

Transactions Closing. Pre-Closing Actions 25 24 Section 2.2. The Mergers 28 25 Section 2.3. Effect of the Mergers on Issued Securities of SPAC, Merger Sub 1 and Merger Sub 2 29 27 Section 2.4. Closing Deliverables 31 29 Section 2.5. Cancellation of SPAC Equity Securities and Disbursement of Merger Consideration 32 30 Section 2.6. Further Assurances 33 31 Section 2.7. Dissenter’s Rights 33 31 Section 2.8. Withholding 34 32 Section 3.1. Organization, Good Standing and Qualification 34 32 Section 3.2. Subsidiaries 35 33 Section 3.3. Capitalization of the Company 35 33 Section 3.4. Capitalization of Subsidiaries 36 35 Section 3.5. Authorization 37 35 Section 3.6. Consents; No Conflicts 38 37 Section 3.7. Compliance with Laws; Consents; Permits 38 37 Section 3.8. Tax Matters 41 39 Section 3.9. Financial Statements 42 40 Section 3.10. Absence of Changes 43 41 Section 3.11. Actions 43 41 Section 3.12. Undisclosed Liabilities 43 42 Section 3.13. Material Contracts and Commitments 43 42 Section 3.14. Title; Properties 44 43 Section 3.15. Intellectual Property Rights and Data 46 Protection 44 Section 3.16. Privacy and Cybersecurity 49 Section 3.17. Labor and Employee Matters 51 48 Section 3.17. Brokers 50 Section 3.18. Brokers 52 Environmental Matters 50 Section 3.19. Environmental Matters 52 Insurance 50 Section 3.20. Insurance 52 Section 3.21. Company Related Parties 53 50 Section 3.223.21. Proxy/Registration Statement 53 50 Section 3.22. Company Product 50 Section 3.23. No Additional Representations Representation or Warranties ARTICLE IV 5351

Transactions Closing. PreUnit Purchase 19 Section 2.2 Cash Distribution Waterfall 20 Section 2.3 Closing 21 Section 2.4 Earn-Out Consideration 21 Section 2.5 PubCo Common Stock Issuance to BT Assets 23 Section 2.6 Treatment of Phantom Equity 23 Section 2.7 Closing Actions Deliverables 24 Section 2.8 Closing Payments 25 Section 2.2. The Mergers 3.1 Company Organization 27 Section 3.2 Subsidiaries 27 Section 3.3 Due Authorization 27 Section 3.4 No Violation 28 Section 2.3. Effect of the Mergers on Issued Securities of SPAC, Merger Sub 1 and Merger Sub 2 29 3.5 Governmental Authorizations 28 Section 2.4. Closing Deliverables 3.6 Capitalization 28 Section 3.7 Financial Statements 30 Section 3.8 Undisclosed Liabilities 31 Section 2.5. Cancellation of SPAC Equity Securities 3.9 Litigation and Disbursement of Merger Consideration Proceedings 31 Section 3.10 Legal Compliance 31 Section 3.11 Contracts; No Defaults 32 Section 2.6. Further Assurances 33 Section 2.7. Dissenter’s Rights 33 Section 2.8. Withholding 3.12 BT Benefit Plans 34 Section 3.1. Organization, Good Standing and Qualification 34 Section 3.2. Subsidiaries 35 Section 3.3. Capitalization of the Company 35 Section 3.4. Capitalization of Subsidiaries 3.13 Labor Relations; Employees 36 Section 3.5. Authorization 3.14 Taxes 37 Section 3.6. Consents; No Conflicts 38 3.15 Real Property 40 Section 3.7. Compliance with Laws; Consents; Permits 38 3.16 Environmental, Health and Safety 40 Section 3.8. Tax Matters 3.17 Intellectual Property 41 Section 3.9. Financial Statements 42 3.18 Data Privacy; Personal Data 43 Section 3.10. 3.19 Absence of Changes 43 Section 3.11. Actions 43 Section 3.12. Undisclosed Liabilities 43 Section 3.13. Material Contracts and Commitments 43 Section 3.14. Title; Properties 44 Section 3.15. Intellectual Property Rights and Data 3.20 Anti-Corruption Compliance 44 Section 3.21 Insurance 45 Section 3.22 Subscription-Related Representations 45 Section 3.23 Information Supplied 46 Section 3.16. Privacy and Cybersecurity 49 3.24 Brokers’ Fees 46 Section 3.17. Labor and Employee Matters 51 3.25 No Outside Reliance 46 Section 3.18. Brokers 52 3.26 Indebtedness; Cash; Transaction Expenses 46 Section 3.19. Environmental Matters 52 Section 3.20. Insurance 52 Section 3.21. Company Related Parties 53 Section 3.22. Proxy/Registration Statement 53 Section 3.23. 3.27 No Additional Representations Representation or Warranties ARTICLE IV 5346