Common use of and Section 7 Clause in Contracts

and Section 7. 4 hereof. If, by reason of any exercise of Warrants on a “cashless basis,” the holder of any Warrant would be entitled, upon the exercise of such Warrant, to receive a fractional interest in an Ordinary Share, the Company shall round down to the nearest whole number, the number of Ordinary Shares to be issued to such holder.

Appears in 7 contracts

Samples: Warrant Agreement (TPG Pace Tech Opportunities Corp.), Warrant Agreement (TPG Pace Beneficial Finance Corp.), Warrant Agreement (TPG Pace Tech Opportunities Corp.)

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and Section 7. 4 hereof4. If, by reason of any exercise of Warrants on a “cashless basis,” ”, the holder of any Warrant would be entitled, upon the exercise of such Warrant, to receive a fractional interest in an Ordinary a Common Share, the Company shall round down to the nearest whole number, the number of Ordinary Common Shares to be issued to such holder.

Appears in 2 contracts

Samples: Warrant Agreement (UE Resorts International, Inc.), Warrant Agreement (LumiraDx LTD)

and Section 7. 4 hereof4. If, by reason of any exercise of any Public Warrants on a “cashless basis,” ”, the holder of any Public Warrant would be entitled, upon the exercise of such Public Warrant, to receive a fractional interest in an Ordinary Share, the Company shall round down up to the nearest whole number, the number of Ordinary Shares to be issued to such holder.

Appears in 2 contracts

Samples: Warrant Agreement (Selina Hospitality PLC), Warrant Agreement (Selina Hospitality PLC)

and Section 7. 4 hereof4. If, by reason of any exercise of any Warrants on a “cashless basis,” ”, the holder of any Warrant would be entitled, upon the exercise of such Warrant, to receive a fractional interest in an Ordinary Share, the Company shall round down to the nearest whole number, the number of Ordinary Shares to be issued to such holder.

Appears in 1 contract

Samples: Subscription Agreement (BOA Acquisition Corp.)

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and Section 7. 4 hereof4. If, by reason of any exercise of any Public Warrants on a “cashless basis,” ”, the holder of any Public Warrant would be entitled, upon the exercise of such Public Warrant, to receive a fractional interest in an Ordinary Share, the Company shall round down to the nearest whole number, the number of Ordinary Shares to be issued to such holder.

Appears in 1 contract

Samples: Warrant Agreement (Selina Hospitality PLC)

and Section 7. 4 hereof4. If, by reason of any exercise of Warrants on a “cashless basis,” the holder of any Warrant would be entitled, upon the exercise of such Warrant, to receive a fractional interest in an a share of Ordinary ShareShares, the Company shall round down to the nearest whole number, the number of Ordinary Shares to be issued to such holder.

Appears in 1 contract

Samples: Warrant Agreement (Energem Corp)

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