Date Fixed for, and Notice of, Redemption; Redemption Price; Reference Value. In the event that the Company elects to redeem the Warrants pursuant to Section 6.1, the Company shall fix a date for the redemption (the “Redemption Date”). Notice of redemption shall be mailed by first class mail, postage prepaid, by the Company not less than thirty (30) days prior to the Redemption Date (the “30-day Redemption Period”) to the Registered Holders of the Warrants to be redeemed at their last addresses as they shall appear on the registration books. Any notice mailed in the manner herein provided shall be conclusively presumed to have been duly given whether or not the Registered Holder received such notice. In the event that the Board elects to require the exercise of the Warrants on a “cashless basis” pursuant to Section 3.3.3(b), the notice of redemption shall contain the information necessary to calculate the number of Class A ordinary shares to be received upon exercise of the Warrants, including the applicable Fair Market Value.
Appears in 3 contracts
Samples: Warrant Agreement (GoGreen Investments Corp), Warrant Agreement (GoGreen Investments Corp), Warrant Agreement (GoGreen Investments Corp)
Date Fixed for, and Notice of, Redemption; Redemption Price; Reference Value. In the event that the Company elects to redeem the Warrants pursuant to Section 6.1, the Company shall fix a date for the redemption (the “Redemption Date”). Notice of redemption shall be mailed by first class mail, postage prepaid, by the Company not less than thirty (30) days prior to the Redemption Date (the “30-day Redemption Period”) to the Registered Holders of the Warrants to be redeemed at their last addresses as they shall appear on the registration books. Any notice mailed in the manner herein provided shall be conclusively presumed to have been duly given whether or not the Registered Holder received such notice. In the event that the Board elects to require the exercise of the Warrants on a “cashless basis” pursuant to Section 3.3.3(b), the notice of redemption shall contain the information necessary to calculate the number of Class A ordinary shares of Common Stock to be received upon exercise of the Warrants, including the applicable Fair Market Value.
Appears in 2 contracts
Samples: Warrant Agreement (Phoenix Biotech Acquisition Corp.), Warrant Agreement (Phoenix Biotech Acquisition Corp.)
