Common use of Detachable Redeemable Warrants Clause in Contracts

Detachable Redeemable Warrants. Prior to the Detachment Date, the Detachable Redeemable Warrants may be transferred or exchanged only together with the Unit in which such Warrant is included, and only for the purpose of effecting, or in conjunction with, a transfer or exchange of such Unit. Furthermore, each transfer of a Unit on the register relating to such Units shall operate also to transfer the Warrants included in such Unit. Notwithstanding the foregoing, the provisions of this Section 5.5 shall have no effect on any transfer of Detachable Redeemable Warrants on and after the Detachment Date.

Appears in 3 contracts

Samples: Warrant Agreement (Starboard Value Acquisition Corp.), Warrant Agreement (Starboard Value Acquisition Corp.), Warrant Agreement (Starboard Value Acquisition Corp.)

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Detachable Redeemable Warrants. Prior to the Detachment Date, the Detachable Redeemable Warrants may be transferred or exchanged only together with the Unit in which such Detachable Redeemable Warrant is included, and only for the purpose of effecting, or in conjunction with, a transfer or exchange of such Unit. Furthermore, each transfer of a Unit on the register relating to such Units shall operate also to transfer the Detachable Redeemable Warrants included in such Unit. Notwithstanding the foregoing, the provisions of this Section 5.5 5.6 shall have no effect on any transfer of Detachable Redeemable Warrants on and after the Detachment Date.

Appears in 2 contracts

Samples: Warrant Agreement (Global Partner Acquisition Corp II), Warrant Agreement (Global Partner Acquisition Corp II)

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