Common use of Distributable Redeemable Warrants Clause in Contracts

Distributable Redeemable Warrants. At the Distribution Time, an aggregate of 1,777,778 Distributable Redeemable Warrants will be distributed by the Company as follows: (i) to the extent that no public holders of Ordinary Shares (such holders, “Public Shareholders”) redeem their Ordinary Shares in connection with the Business Combination each Public Shareholder will receive two-ninths of a Distributable Redeemable Warrant, and (ii) to the extent that any Public Shareholders redeem any of their Ordinary Shares in connection with the Business Combination, then (A) two-ninths of a Distributable Redeemable Warrant will be issued for each Ordinary Share that was not redeemed (the “remaining public shares”), and (B) the aggregate amount of 1,777,778 Distributable Redeemable Warrants less the number of warrants issued pursuant to the foregoing clause (A) will be issued on a pro rata basis to the holders of the remaining public shares based on their percentage of Ordinary Shares held after redemptions. To the extent that a Public Shareholder redeems any of their Ordinary Shares in connection with the Business Combination, that Public Shareholder will receive no portion of any Distributable Redeemable Warrant per Ordinary Share redeemed. The right to receive the Distributable Redeemable Warrants is not separable from the Ordinary Shares and is not separately transferrable, assignable or salable. The Distributable Redeemable Warrants will be issued in the same form as the Outstanding Redeemable Warrants, in book-entry form or as otherwise provided in Section 2.3.1 hereof. Upon the issuance and distribution of the Distributable Redeemable Warrants, the Distributable Redeemable Warrants will be fully fungible with the Outstanding Redeemable Warrants, and will begin trading on the first trading day following the Distribution Time under the same stock symbol and CUSIP as the Outstanding Redeemable Warrants. No Distributable Redeemable Warrants will be distributed in respect of outstanding Ordinary Shares issued pursuant to the Forward Purchase Agreement or any other Ordinary Shares that were not issued in the Offering.

Distributable Redeemable Warrants. At the Distribution Time, an aggregate of 1,777,778 Distributable Redeemable Warrants 5,000,000 (or 5,750,000 if the Over-allotment Option is exercised in full) warrants (the “Aggregate Warrant Amount”) will be distributed by the Company as follows: (i) to the extent that no public holders of Ordinary Offering Shares (such holders, the “Public ShareholdersStockholders”) redeem their Ordinary Offering Shares in connection with the Business Combination Combination, each Public Shareholder Stockholder will receive twoone-ninths sixth of a one Distributable Redeemable Warrant, Warrant per Offering Share and (ii) to the extent that any Public Shareholders Stockholders redeem any of their Ordinary Offering Shares in connection with the Business Combination, then (A) twoone-ninths sixth of a one Distributable Redeemable Warrant will be issued for distributed per each Ordinary non-redeemed Offering Share that was not redeemed (the “remaining public sharesRemaining Offering Shares”), ) and (B) the aggregate warrants in an amount of 1,777,778 Distributable Redeemable Warrants equal to the Aggregate Warrant Amount less the number of warrants issued distributed pursuant to the foregoing clause (A) will be issued distributed on a pro rata basis (x) to the holders of the remaining public shares Remaining Offering Shares based on their percentage of Ordinary Shares Class A common stock held after redemptions. To redemptions and the extent that a Public Shareholder redeems any of their Ordinary Shares in connection with the Business Combination, that Public Shareholder will receive no portion issuance of any Forward Purchase Shares, as Distributable Redeemable Warrant per Ordinary Share redeemedWarrants, and (y) to the holders of the Forward Purchase Shares based on their percentage of Class A common stock held after redemptions and the issuance of any Forward Purchase Shares, as Forward Purchase Private Placement Warrants. The right to receive the Distributable Redeemable Warrants is will not separable trade separately from the Ordinary Units (prior to the Detachment Date) or from the Offering Shares (on and is after the Detachment Date), and will not separately be transferrable, assignable or salable. The Distributable Redeemable Warrants will be issued in the same form as the Outstanding Detachable Redeemable Warrants, in book-entry form or as otherwise provided in Section 2.3.1 hereof. Upon the issuance and distribution of the Distributable Redeemable Warrants, the Distributable Redeemable Warrants will be fully fungible with the Outstanding Detachable Redeemable Warrants, and will begin trading on the first trading day following the Distribution Time under the same stock symbol and CUSIP as the Outstanding Detachable Redeemable Warrants. No Distributable Redeemable Warrants will be distributed in respect of outstanding Ordinary Shares issued pursuant to the Forward Purchase Agreement or any other Ordinary Shares that were not issued in the Offering.

Distributable Redeemable Warrants. At the Distribution Time, an aggregate of 1,777,778 Distributable Redeemable Warrants 6,000,000 (or 6,900,000 if the Over-allotment Option is exercised in full) warrants (the “Aggregate Warrant Amount”) will be distributed by the Company as follows: (i) to the extent that no public holders of Ordinary Offering Shares (such holders, the “Public ShareholdersStockholders”) redeem their Ordinary Offering Shares in connection with the Business Combination Combination, each Public Shareholder Stockholder will receive twoone-ninths sixth of a one Distributable Redeemable Warrant, Warrant per Offering Share and (ii) to the extent that any Public Shareholders Stockholders redeem any of their Ordinary Offering Shares in connection with the Business Combination, then (A) twoone-ninths sixth of a one Distributable Redeemable Warrant will be issued for distributed per each Ordinary non-redeemed Offering Share that was not redeemed (the “remaining public sharesRemaining Offering Shares”), ) and (B) the aggregate warrants in an amount of 1,777,778 Distributable Redeemable Warrants equal to the Aggregate Warrant Amount less the number of warrants issued distributed pursuant to the foregoing clause (A) will be issued distributed on a pro rata basis (x) to the holders of the remaining public shares Remaining Offering Shares based on their percentage of Ordinary Shares Class A common stock held after redemptions. To redemptions and the extent that a Public Shareholder redeems any of their Ordinary Shares in connection with the Business Combination, that Public Shareholder will receive no portion issuance of any Forward Purchase Shares, as Distributable Redeemable Warrant per Ordinary Share redeemedWarrants, and (y) to the holders of the Forward Purchase Shares based on their percentage of Class A common stock held after redemptions and the issuance of any Forward Purchase Shares, as Forward Purchase Private Placement Warrants. The right to receive the Distributable Redeemable Warrants is will not separable trade separately from the Ordinary Units (prior to the Detachment Date) or from the Offering Shares (on and is after the Detachment Date), and will not separately be transferrable, assignable or salable. The Distributable Redeemable Warrants will be issued in the same form as the Outstanding Detachable Redeemable Warrants, in book-entry form or as otherwise provided in Section 2.3.1 hereof. Upon the issuance and distribution of the Distributable Redeemable Warrants, the Distributable Redeemable Warrants will be fully fungible with the Outstanding Detachable Redeemable Warrants, and will begin trading on the first trading day following the Distribution Time under the same stock symbol and CUSIP as the Outstanding Detachable Redeemable Warrants. No Distributable Redeemable Warrants will be distributed in respect of outstanding Ordinary Shares issued pursuant to the Forward Purchase Agreement or any other Ordinary Shares that were not issued in the Offering.

Distributable Redeemable Warrants. At the Distribution Time, an aggregate of 1,777,778 up to [●] Distributable Redeemable Warrants will be distributed by the Company as follows: (i) to the extent that no public holders of Ordinary Shares shares of Class A common stock (such holders, “Public ShareholdersStockholders”) redeem their Ordinary Shares shares of Class A common stock in connection with the Business Combination each Public Shareholder Stockholder will receive two-ninths of a Distributable Redeemable Warrant, and (ii) to the extent that any Public Shareholders Stockholders redeem any of their Ordinary Shares shares of Class A common stock in connection with the Business Combination, then (A) two-ninths of a Distributable Redeemable Warrant will be issued for each Ordinary Share share of Class A common stock that was not redeemed (the “remaining public shares”), and (B) the aggregate amount of 1,777,778 [●] Distributable Redeemable Warrants less the number of warrants issued pursuant to the foregoing clause (A) will be issued on a pro rata basis to the holders of the remaining public shares based on their percentage of Ordinary Shares shares of Class A common stock held after redemptions. To the extent that a Public Shareholder Stockholder redeems any of their Ordinary Shares shares of Class A common stock in connection with the Business Combination, that Public Shareholder Stockholder will receive no portion of any Distributable Redeemable Warrant per Ordinary Share share of Class A common stock redeemed. The right to receive the Distributable Redeemable Warrants is not separable from the Ordinary Shares shares of Class A common stock and is not separately transferrable, assignable or salable. The Distributable Redeemable Warrants will be issued in the same form as the Outstanding Redeemable Warrants, in book-entry form or as otherwise provided in Section 2.3.1 2 hereof. Upon the issuance and distribution of the Distributable Redeemable Warrants, the Distributable Redeemable Warrants will be fully fungible with the Outstanding Redeemable Warrants, and will begin trading on the first trading day following the Distribution Time under the same stock symbol and CUSIP as the Outstanding Redeemable Warrants. No Distributable Redeemable Warrants will be distributed in respect of outstanding Ordinary Shares issued pursuant to the Forward Purchase Agreement or any other Ordinary Shares that were not issued in the Offering.

Distributable Redeemable Warrants. At the Distribution Time, an aggregate of 1,777,778 up to 555,555 Distributable Redeemable Warrants will be distributed by the Company as follows: (i) to the extent that no a public holders holder of Ordinary Shares shares of Class A common stock (such holders, “Public ShareholdersStockholders”) does not redeem their Ordinary Shares shares of Class A common stock in connection with the Business Combination each such Public Shareholder Stockholder will receive two-ninths of a Distributable Redeemable Warrant, and (ii) to the extent that any Public Shareholders redeem any of their Ordinary Shares in connection with the Business Combination, then (A) two-ninths of a Distributable Redeemable Warrant will be issued for each Ordinary Share that was not redeemed (the “remaining public shares”), and (B) the aggregate amount of 1,777,778 Distributable Redeemable Warrants less the number of warrants issued pursuant to the foregoing clause (A) will be issued on a pro rata basis to the holders of the remaining public shares based on their percentage of Ordinary Shares held after redemptions. To the extent that a Public Shareholder Stockholder redeems any of their Ordinary Shares shares of Class A common stock in connection with the Business Combination, that Public Shareholder Stockholder will receive no portion of any Distributable Redeemable Warrant per Ordinary Share share of Class A common stock redeemed. The right to receive the Distributable Redeemable Warrants is not separable from the Ordinary Shares shares of Class A common stock and is not separately transferrable, assignable or salable. The Distributable Redeemable Warrants will be issued in the same form as the Outstanding Redeemable Warrants, in book-entry form or as otherwise provided in Section 2.3.1 2 hereof. Upon the issuance and distribution of the Distributable Redeemable Warrants, the Distributable Redeemable Warrants will be fully fungible with the Outstanding Redeemable Warrants, and will begin trading on the first trading day following the Distribution Time under the same stock symbol and CUSIP as the Outstanding Redeemable Warrants. No Distributable Redeemable Warrants will be distributed in respect of outstanding Ordinary Shares shares of Class A common stock issued pursuant to the Forward Purchase Agreement or any other Ordinary Shares that were not issued in the OfferingAgreement.

Distributable Redeemable Warrants. At the Distribution Time, an aggregate of 1,777,778 up to 4,583,333 (or up to 5,000,000 if the Over-allotment Option is exercised in full) Distributable Redeemable Warrants will be distributed by the Company as follows: : (i) to the extent that no a public holders holder of Ordinary Shares (such holdersholder, a “Public ShareholdersShareholder”) does not redeem their Ordinary Shares in connection with the Business Combination each Public Shareholder will receive two-ninths of a Distributable Redeemable Warrant, and (ii) prior to the extent that any Public Shareholders redeem any of their Ordinary Shares or in connection with the Business Combination, then (A) twothat Public Shareholder will receive one-ninths sixth of a one Distributable Redeemable Warrant will be issued for each per Ordinary Share that was not redeemed (the “remaining public shares”), and (Bii) the aggregate amount of 1,777,778 Distributable Redeemable Warrants less the number of warrants issued pursuant to the foregoing clause (A) will be issued on a pro rata basis to the holders of the remaining public shares based on their percentage of Ordinary Shares held after redemptions. To the extent that a Public Shareholder redeems any of their Ordinary Shares in connection with the Business Combination, that Public Shareholder will receive no portion of any Distributable Redeemable Warrant per Ordinary Share redeemed. The right to receive the Distributable Redeemable Warrants is not separable from the Ordinary Shares and is not separately transferrable, assignable or salable. The Distributable Redeemable Warrants will be issued in the same form as the Outstanding Detachable Redeemable Warrants, in book-entry form or as otherwise provided in Section 2.3.1 hereof. Upon the issuance and distribution of the Distributable Redeemable Warrants, the Distributable Redeemable Warrants will be fully fungible with the Outstanding Detachable Redeemable Warrants, and will begin trading on the first trading day following the Distribution Time under the same stock symbol and CUSIP as the Outstanding Detachable Redeemable Warrants. No Distributable Redeemable Warrants will be distributed in respect of outstanding Ordinary Shares issued pursuant to the Forward Purchase Agreement or any other Ordinary Shares that were not issued in the Offering.