Common use of Delivery of Warrant Certificate Clause in Contracts

Delivery of Warrant Certificate. Upon delivery of the Purchase Price in accordance with Section 1.3, the Sponsor shall become irrevocably entitled to receive a warrant certificate representing the Warrants; provided, however, if the Company notifies the Sponsor the IPO will not be consummated and the Purchase Price will be returned in accordance with the last sentence of Section 1.3, the Company shall have no obligation to provide any such certificate representing the Warrants to the Sponsor.

Appears in 3 contracts

Samples: Sponsor Warrants Purchase Agreement (Global Cornerstone Holdings LTD), Warrant Subscription Agreement (SCG Financial Acquisition Corp.), Warrant Subscription Agreement (FlatWorld Acquisition Corp.)

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Delivery of Warrant Certificate. Upon delivery of the Purchase Price in accordance with Section 1.3, the Sponsor Sponsors shall become irrevocably entitled to receive a warrant certificate representing the Warrants; provided, however, if the Company notifies the Sponsor Sponsors that the IPO will not be consummated and the Purchase Price will be returned in accordance with the last sentence of Section 1.3, the Company shall have no obligation to provide any such certificate representing the Warrants to the SponsorSponsors.

Appears in 2 contracts

Samples: Sponsors Warrants Purchase Agreement (Infinity China 1 Acquisition Corp), Sponsors Warrants Purchase Agreement (Infinity China 2 Acquisition Corp)

Delivery of Warrant Certificate. Upon delivery of the Purchase Price in accordance with Section 1.3, the Sponsor shall become irrevocably entitled to receive a warrant certificate representing the Warrants; provided, however, if the Company notifies the Sponsor that the IPO will not be consummated and the Purchase Price will be returned in accordance with the last sentence of Section 1.3, the Company shall have no obligation to provide any such certificate representing the Warrants to the Sponsor.

Appears in 2 contracts

Samples: Sponsor Warrants Purchase Agreement (ROI Acquisition Corp.), Sponsor Warrants Purchase Agreement (Blue Wolf Mongolia Holdings Corp.)

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Delivery of Warrant Certificate. Upon delivery of the Purchase Price in accordance with Section 1.3, the Sponsor shall become irrevocably entitled to receive a warrant certificate representing the Warrants; providedprovided , howeverhowever , if the Company notifies the Sponsor that the IPO will not be consummated and the Purchase Price will be returned in accordance with the last sentence of Section 1.3, the Company shall have no obligation to provide any such certificate representing the Warrants to the Sponsor.

Appears in 1 contract

Samples: Sponsor Warrants Purchase Agreement (Azteca Acquisition Corp)

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