Common use of Exclusion of Certain Warrants Clause in Contracts

Exclusion of Certain Warrants. The Company agrees that the redemption rights provided for by this Section 6 apply only to outstanding Warrants. To the extent a person holds rights to purchase Warrants, such purchase rights shall not be extinguished by redemption. However, once such purchase rights are exercised, the Company may redeem the Warrants issued upon such exercise provided that the criteria for redemption is met. Additionally, any of the Private Warrants or Working Capital Warrants shall not be redeemable by the Company as long as such Private Warrants or Working Capital Warrants continue to be held by initial purchasers and affiliates or their permitted transferees (as prescribed in Section 5.7 hereof). However, once such Private Warrants or Working Capital Warrants are no longer held by the initial purchasers or their affiliates or permitted transferees, such Private Warrants or Working Capital Warrants shall then be redeemable by the Company pursuant to Section 6 hereof. The provisions of this Section 6.5 may not be modified, amended or deleted without the prior written consent of the Representative.

Appears in 12 contracts

Samples: Warrant Agreement (EUDA Health Holdings LTD), Warrant Agreement (Bombax Healthcare Acquisition Corp), Warrant Agreement (Bombax Healthcare Acquisition Corp)

AutoNDA by SimpleDocs

Exclusion of Certain Warrants. The Company agrees understands that the redemption rights provided for by this Section 6 apply only to outstanding Warrants. To the extent a person holds rights to purchase Warrants, such purchase rights shall not be extinguished by redemption. However, once such purchase rights are exercised, the Company may redeem the Warrants issued upon such exercise provided that the criteria for redemption is met. Additionally, any of the Company agrees that the redemption rights provided in this Section 6 shall not apply to (i) the Private Warrants or and Working Capital Warrants shall not be redeemable by if at the Company as long as time of the redemption such Private Warrants or Working Capital Warrants continue to be held by the initial purchasers and affiliates or their permitted transferees or (as prescribed in Section 5.7 hereof)ii) Post IPO Warrants if such warrants provide that they are non-redeemable by the Company. However, with respect to the Private Warrants or Working Capital Warrants, once such Private Warrants or Working Capital Warrants are no longer held by transferred (other than to permitted transferees under Section 5.6), the initial purchasers or their affiliates or permitted transferees, such Company may redeem the Private Warrants or and Working Capital Warrants shall then be redeemable by in the Company pursuant to Section 6 hereofsame manner as the Public Warrants. The provisions of this Section 6.5 6.4 may not be modified, amended or deleted without the prior written consent of the RepresentativeEBC.

Appears in 4 contracts

Samples: Warrant Agreement (DD3 Acquisition Corp.), Warrant Agreement (DD3 Acquisition Corp.), Warrant Agreement (Opes Acquisition Corp.)

Exclusion of Certain Warrants. The Company agrees understands that the redemption rights provided for by this Section 6 apply only to outstanding Warrants. To the extent a person holds rights to purchase Warrants, such purchase rights shall not be extinguished by redemption. However, once such purchase rights are exercised, the Company may redeem the Warrants issued upon such exercise provided that the criteria for redemption is met. Additionally, any of the Initial Warrants and Private Warrants or Working Capital Placement Warrants shall not be redeemable by the Company as long as such Initial Warrants and Private Warrants or Working Capital Placement Warrants continue to be held by initial purchasers and affiliates the Founders, Insiders or their permitted transferees (as prescribed in Section 5.7 hereof)transferees. However, once such Private Warrants or Working Capital Warrants are no longer held by the initial purchasers individuals or their affiliates or permitted transfereestransferee otherwise transfer such Initial Warrants and Private Placement Warrants, such Initial Warrants and Private Warrants or Working Capital Placement Warrants shall then be redeemable by the Company pursuant to Section 6 hereof. The provisions of this Section 6.5 6.4 may not be modified, amended or deleted without the prior written consent of the RepresentativeXxxxxxxxx.

Appears in 3 contracts

Samples: Warrant Agreement (Greenwich PMV Acquisition Corp.), Warrant Agreement (Gabelli Entertainment & Telecommunications Acquisition Corp.), Warrant Agreement (Gabelli Entertainment & Telecommunications Acquisition Corp.)

Exclusion of Certain Warrants. The Company agrees understands that the redemption rights provided for by this Section 6 apply only to outstanding Warrants. To the extent a person holds rights to purchase Warrants, such purchase rights shall not be extinguished by redemption. However, once such purchase rights are exercised, the Company may redeem the Warrants issued upon such exercise provided that the criteria for redemption is met. Additionally, any of the Company agrees that the redemption rights provided in this Section 6 shall not apply to (i) the Private Warrants or and Working Capital Warrants shall not be redeemable by if at the Company as long as time of the redemption such Private Warrants or Working Capital Warrants continue to be held by the initial purchasers and affiliates or their permitted transferees or (as prescribed in Section 5.7 hereof)ii) Post IPO Warrants if such warrants provide that they are non-redeemable by the Company. However, with respect to the Private Warrants or Working Capital Warrants, once such Private Warrants or Working Capital Warrants are no longer held by transferred (other than to permitted transferees under Section 5.6), the initial purchasers or their affiliates or permitted transferees, such Company may redeem the Private Warrants or and Working Capital Warrants shall then be redeemable by in the Company pursuant to Section 6 hereofsame manner as the Public Warrants. The provisions of this Section 6.5 6.4 may not be modified, amended or deleted without the prior written consent of the RepresentativeJoint Book-Running Managers.

Appears in 3 contracts

Samples: Warrant Agreement (Meten EdtechX Education Group Ltd.), Warrant Agreement (EdtechX Holdings Acquisition Corp.), Warrant Agreement (EdtechX Holdings Acquisition Corp.)

Exclusion of Certain Warrants. The Company agrees understands that the redemption rights provided for by this Section 6 apply only to outstanding Warrants. To the extent a person holds rights to purchase Warrants, such purchase rights shall not be extinguished by redemption. However, once such purchase rights are exercised, the Company may redeem the Warrants issued upon such exercise provided that the criteria for redemption is met. Additionally, any of the Company agrees that the redemption rights provided in this Section 6 shall not apply to (i) the Private Warrants or and Working Capital Warrants shall not be redeemable by if at the Company as long as time of the redemption such Private Warrants or Working Capital Warrants continue to be held by the initial purchasers and affiliates or their permitted transferees Permitted Transferees or (as prescribed in Section 5.7 hereof)ii) Post IPO Warrants if such warrants provide that they are non-redeemable by the Company. However, with respect to the Private Warrants or Working Capital Warrants, once such Private Warrants or Working Capital Warrants are no longer held by transferred (other than to Permitted Transferees), the initial purchasers or their affiliates or permitted transferees, such Company may redeem the Private Warrants or and Working Capital Warrants shall then be redeemable by in the Company pursuant to Section 6 hereof. The provisions of this Section 6.5 may not be modified, amended or deleted without same manner as the prior written consent of the RepresentativePublic Warrants.

Appears in 3 contracts

Samples: Warrant Agreement (Schultze Special Purpose Acquisition Corp.), Warrant Agreement (Schultze Special Purpose Acquisition Corp.), Warrant Agreement (Schultze Special Purpose Acquisition Corp.)

Exclusion of Certain Warrants. The Company agrees understands that the redemption rights provided for by this Section 6 apply only to outstanding Warrants. To the extent a person holds rights to purchase Warrants, such purchase rights shall not be extinguished by redemption. However, once such purchase rights are exercised, the Company may redeem the Warrants issued upon such exercise provided that the criteria for redemption is met. Additionally, any of the Private Placement Warrants or Working Capital the Representative’s Initial Warrants shall not be redeemable by the Company as long as such Private Placement Warrants or Working Capital Representative’s Initial Warrants continue to be held by initial purchasers and affiliates or their permitted transferees (as prescribed in Section 5.7 hereof)transferees. However, once such Private Placement Warrants or Working Capital Representative’s Initial Warrants are no longer held by the initial purchasers or their affiliates or permitted transferees, such Private Placement Warrants or Working Capital Representative’s Initial Warrants shall then be redeemable by the Company pursuant to Section 6 hereof. The provisions of this Section 6.5 6.4 may not be modified, amended or deleted without the prior written consent of the RepresentativeEBC.

Appears in 3 contracts

Samples: Warrant Agreement (Andina Acquisition Corp), Warrant Agreement (Andina Acquisition Corp), Warrant Agreement (Andina Acquisition Corp)

Exclusion of Certain Warrants. The Company agrees understands that the redemption rights provided for by this Section 6 apply only to outstanding Warrants. To the extent a person holds rights to purchase Warrants, such purchase rights shall not be extinguished by redemption. However, once such purchase rights are exercised, the Company may redeem the Warrants issued upon such exercise provided that the criteria for redemption is met. Additionally, any none of the Private Warrants or Working Capital Warrants Warrant shall not be redeemable by the Company as long as such Private Warrants or the Working Capital Warrants continue to be held by initial purchasers and affiliates or their permitted transferees (as prescribed in Section 5.7 hereof). However, once such Private Warrants or Working Capital Warrants are no longer held by the initial purchasers or their affiliates or permitted transferees, such Private Warrants or Working Capital Warrants shall then be redeemable by the Company pursuant to Section 6 hereof. The provisions of this Section 6.5 may not be modified, amended or deleted without the prior written consent of the Representative.

Appears in 2 contracts

Samples: Warrant Agreement (Alberton Acquisition Corp), Warrant Agreement (Alberton Acquisition Corp)

AutoNDA by SimpleDocs

Exclusion of Certain Warrants. The Company agrees that the redemption rights provided for by this Section 6 apply only to outstanding Warrants. To the extent a person holds rights to purchase Warrants, such purchase rights shall not be extinguished by redemption. However, once such purchase rights are exercised, the Company may redeem the Warrants issued upon such exercise provided that the criteria for redemption is met. Additionally, any Any of the Private Warrants or Working Capital Warrants, Representative Warrants or Post IPO Warrants (if such warrants provide that they are non-redeemable by the Company), shall not be redeemable by the Company as long as such Private Warrants, Working Capital Warrants, Representative Warrants or Working Capital Post IPO Warrants (if such warrants provide that they are non-redeemable by the Company) continue to be held by initial purchasers holders and affiliates or their permitted transferees (as prescribed in Section 5.7 5.6 hereof). However, once such Private Warrants, Working Capital Warrants or Working Capital Representative Warrants are no longer held by the initial purchasers holders or their affiliates or permitted transferees, such Private Warrants, Working Capital Warrants or Working Capital Representative Warrants shall then be redeemable by the Company pursuant to Section 6 hereof. The Representative Warrants shall be redeemable by the Company upon the same terms as the Public Warrants. The provisions of this Section 6.5 6.4 may not be modified, amended or deleted without the prior written consent of the Representative.

Appears in 2 contracts

Samples: Warrant Agreement (Edoc Acquisition Corp.), Warrant Agreement (Edoc Acquisition Corp.)

Exclusion of Certain Warrants. The Company agrees understands that the redemption rights provided for by this Section 6 apply only to outstanding Warrants. To the extent a person holds rights to purchase Warrants, such purchase rights shall not be extinguished by redemption. However, once such purchase rights are exercised, the Company may redeem the Warrants issued upon such exercise provided that the criteria for redemption is met. Additionally, any of the Company agrees that the redemption rights provided in this Section 6 shall not apply to (i) the Private Warrants or and Working Capital Warrants shall not be redeemable by if at the Company as long as time of the redemption such Private Warrants or Working Capital Warrants continue to be held by the initial purchasers and affiliates or their permitted transferees or (as prescribed in Section 5.7 hereof)ii) Post IPO Warrants if such warrants provide that they are non-redeemable by the Company. However, with respect to the Private Warrants or Working Capital Warrants, once such Private Warrants or Working Capital Warrants are no longer held by transferred (other than to permitted transferees under Section 5.6), the initial purchasers or their affiliates or permitted transferees, such Company may redeem the Private Warrants or and Working Capital Warrants shall then be redeemable by in the Company pursuant to Section 6 hereofsame manner as the Public Warrants. The provisions of this Section 6.5 6.4 may not be modified, amended or deleted without the prior written consent of the Representative.

Appears in 2 contracts

Samples: Warrant Agreement (Fusion Fuel Green LTD), Warrant Agreement (HL Acquisitions Corp.)

Exclusion of Certain Warrants. The Company agrees that the redemption rights provided for by this Section 6 apply only to outstanding Warrants. To the extent a person holds rights to purchase Warrants, such purchase rights shall not be extinguished by redemption. However, once such purchase rights are exercised, the Company may redeem the Warrants issued upon such exercise provided that the criteria for redemption is met. Additionally, any of the Private Warrants Warrants, Extension Warrants, or Working Capital Warrants shall not be redeemable by the Company as long as such Private Warrants Warrants, Extension Warrants, or Working Capital Warrants continue to be held by initial purchasers and affiliates or their permitted transferees (as prescribed in Section 5.7 hereof). However, once such Private Warrants Warrants, Extension Warrants, or Working Capital Warrants are no longer held by the initial purchasers or their affiliates or permitted transferees, such Private Warrants Warrants, Extension Warrants, or Working Capital Warrants shall then be redeemable by the Company pursuant to Section 6 hereof. The provisions of this Section 6.5 may not be modified, amended or deleted without the prior written consent of the Representative.

Appears in 1 contract

Samples: Warrant Agreement (HHG Capital Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!