Common use of Exclusion of Private Placement Warrants and Forward Purchase Warrants Clause in Contracts

Exclusion of Private Placement Warrants and Forward Purchase Warrants. The Company agrees that (a) the redemption rights provided in Section 6.1 hereof shall not apply to the Private Placement Warrants and Forward Purchase Warrants if at the time of the redemption such Private Placement Warrants or Forward Purchase Warrants continue to be held by the Sponsor or its permitted transferees and (b) if the Reference Value equals or exceeds $18.00 per share (subject to adjustment in compliance with Section 4 hereof), the redemption rights provided in Section 6.2 hereof shall not apply to the Private Placement Warrants or Forward Purchase Warrants if at the time of the redemption such Private Placement Warrants or Forward Purchase Warrants continue to be held by the Sponsor or its permitted transferees. However, once such Private Placement Warrants or Forward Purchase Warrants are transferred (other than to permitted transferees in accordance with Section 2.6 hereof), the Company may redeem the Private Placement Warrants or Forward Purchase Warrants pursuant to Section 6.1 or 6.2 hereof, provided that the criteria for redemption are met, including the opportunity of the holder of such Private Placement Warrants or Forward Purchase Warrants to exercise the Private Placement Warrants or Forward Purchase Warrants prior to redemption pursuant to Section 6.4 hereof. Private Placement Warrants or Forward Purchase Warrants that are transferred to persons other than permitted transferees shall upon such transfer cease to be Private Placement Warrants or Forward Purchase Warrants and shall become Public Warrants under this Agreement, including for purposes of Section 9.8 hereof.

Appears in 12 contracts

Samples: Warrant Agreement (Nexters Inc.), Warrant Agreement (Nexters Inc.), Warrant Agreement (Kismet Acquisition Two Corp.)

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Exclusion of Private Placement Warrants and Forward Purchase Warrants. The Company agrees that (a) the redemption rights provided in Section 6.1 hereof shall not apply to (x) the Private Placement Warrants and Forward Purchase Warrants if at the time of the redemption such Private Placement Warrants continue to be held by the Sponsor or its Permitted Transferees or (y) the Forward Purchase Warrants if at the time of the redemption such Forward Purchase Warrants continue to be held by the Sponsor Forward Purchase Investor or its permitted transferees Permitted Transferees, and (b) if the Reference Value equals or exceeds $18.00 per share (subject to adjustment in compliance with Section 4 hereof), the redemption rights provided in Section 6.2 hereof shall not apply to (x) the Private Placement Warrants if at the time of the redemption such Private Placement Warrants continue to be held by the Sponsor or its Permitted Transferees or (y) the Forward Purchase Warrants if at the time of the redemption such Private Placement Warrants or Forward Purchase Warrants continue to be held by the Sponsor Forward Purchase Investor or its permitted transfereesPermitted Transferees. However, once such Private Placement Warrants or Forward Purchase Warrants are transferred (other than to permitted transferees Permitted Transferees in accordance with Section 2.6 hereof), the Company may redeem the Private Placement Warrants or and Forward Purchase Warrants pursuant to Section 6.1 or 6.2 hereof, provided that the criteria for redemption are met, including the opportunity of the holder of such Private Placement Warrants or and Forward Purchase Warrants to exercise the Private Placement Warrants or and Forward Purchase Warrants prior to redemption pursuant to Section 6.4 hereof. Private Placement Warrants or and Forward Purchase Warrants that are transferred to persons other than permitted transferees Permitted Transferees shall upon such transfer cease to be Private Placement Warrants or Forward Purchase Warrants Warrants, and shall become Public Warrants under this Agreement, including for purposes of Section 9.8 hereof.

Appears in 9 contracts

Samples: Warrant Agreement (Lotus Technology Inc.), Warrant Agreement (Lotus Technology Inc.), Warrant Agreement (LDH Growth Corp I)

Exclusion of Private Placement Warrants and Forward Purchase Warrants. The Company agrees that (a) the redemption rights provided in Section 6.1 hereof shall not apply to the Private Placement Warrants and Forward Purchase Warrants if at the time of the redemption such Private Placement Warrants or Forward Purchase Warrants continue to be held by the Sponsor or its permitted transferees the Forward Purchasers thereof or their Permitted Transferees and (b) if the Reference Value last reported sale price of the Ordinary Shares for any twenty (20) trading days within the thirty (30) trading-day period ending on the third trading day prior to the date on equals or exceeds $18.00 per share (subject to adjustment in compliance with Section 4 hereof), the redemption rights provided in Section 6.2 hereof shall not apply to the Private Placement Warrants or Forward Purchase Warrants if at the time of the redemption such Private Placement Warrants or Forward Purchase Warrants continue to be held by the Sponsor Sponsors or its permitted transfereesthe Forward Purchasers thereof or their Permitted Transferees. However, once such Private Placement Warrants or Forward Purchase Warrants are transferred (other than to permitted transferees Permitted Transferees in accordance with Section 2.6 hereof), the Company may redeem the Private Placement Warrants or Forward Purchase Warrants pursuant to Section 6.1 or 6.2 hereof, provided that the criteria for redemption are met, including the opportunity of the holder of such Private Placement Warrants or Forward Purchase Warrants to exercise the Private Placement Warrants or Forward Purchase Warrants prior to redemption pursuant to Section 6.4 hereof. Private Placement Warrants or Forward Purchase Warrants that are transferred to persons other than permitted transferees Permitted Transferees shall upon such transfer cease to be Private Placement Warrants or Forward Purchase Warrants and shall become Public Warrants under this Agreement, including for purposes of Section 9.8 hereof.

Appears in 7 contracts

Samples: Warrant Agreement (TPG Pace Tech Opportunities Corp.), Warrant Agreement (TPG Pace Tech Opportunities Corp.), Warrant Agreement (TPG Pace Beneficial Finance Corp.)

Exclusion of Private Placement Warrants and Forward Purchase Warrants. The Company agrees that (a) the redemption rights provided in this Section 6.1 hereof 6 shall not apply to the Private Placement Warrants and or the Forward Purchase Warrants if at the time of the redemption such Private Placement Warrants or Forward Purchase Warrants continue to be held by the Sponsor or its permitted transferees and (b) if the Reference Value equals Permitted Transferees or exceeds $18.00 per share (subject to adjustment in compliance with Section 4 hereof), the redemption rights provided in Section 6.2 hereof shall not apply to the Private Placement Warrants or Forward Purchase Warrants if at the time of the redemption such Private Placement Warrants or Forward Purchase Warrants continue to be held by the Sponsor a Forward Purchaser or its permitted transfereesPermitted Transferees. However, once such Private Placement Warrants or such Forward Purchase Warrants are transferred (other than to permitted transferees in accordance with Permitted Transferees under Section 2.6 hereof2.6), the Company may redeem the Private Placement Warrants or and/or the Forward Purchase Warrants pursuant to Section 6.1 or 6.2 hereofWarrants, provided that the criteria for redemption are met, including the opportunity of the holder of such Private Placement Warrants or Forward Purchase Warrants to exercise the Private Placement Warrants or Forward Purchase Warrants prior to redemption pursuant to Section 6.4 hereof6.3. Private Placement Warrants or Forward Purchase Warrants that are transferred to persons other than permitted transferees Permitted Transferees shall upon such transfer cease to be Private Placement Warrants or Forward Purchase Warrants Warrants, as applicable, and shall become Public Warrants under this Agreement, including for purposes of Section 9.8 hereof.

Appears in 6 contracts

Samples: Warrant Agreement (Spartan Energy Acquisition Corp.), Warrant Agreement (Spartan Energy Acquisition Corp.), Warrant Agreement (Vantage Energy Acquisition Corp.)

Exclusion of Private Placement Warrants and Forward Purchase Warrants. The Company agrees that (a) the redemption rights provided in this Section 6.1 hereof shall not apply to the Private Placement Warrants and Forward Purchase Warrants if at the time of the redemption such Private Placement Warrants or Forward Purchase Warrants continue to be held by the Sponsor or its permitted transferees and (b) if the Reference Value equals or exceeds $18.00 per share (subject to adjustment in compliance with Section 4 hereof), the redemption rights provided in Section 6.2 hereof 6 shall not apply to the Private Placement Warrants or Forward Purchase Warrants if at the time of the redemption such Private Placement Warrants or Forward Purchase Warrants Warrants, as applicable, continue to be held by the Sponsor or other initial purchaser or Forward Purchaser thereof or its permitted transfereesrespective Permitted Transferees. However, once such Private Placement Warrants or Forward Purchase Warrants Warrants, as applicable, are transferred (other than to permitted transferees in accordance with Permitted Transferees under Section 2.6 hereof2.6), the Company may redeem the Private Placement Warrants Warrants, or Forward Purchase Warrants pursuant to Section 6.1 or 6.2 hereofWarrants, as applicable, provided that the criteria for redemption are met, including the opportunity of the holder of such Private Placement Warrants or Forward Purchase Warrants to exercise the Private Placement Warrants or Forward Purchase Warrants prior to redemption pursuant to Section 6.4 hereof6.3. Private Placement Warrants or Forward Purchase Warrants that are Warrants, as applicable, transferred to persons other than permitted transferees Permitted Transferees shall upon such transfer cease to be Private Placement Warrants Warrants, or Forward Purchase Warrants Warrants, as applicable, and shall become Public Warrants under this Agreement, including for purposes of Section 9.8 hereof.

Appears in 3 contracts

Samples: Warrant Agreement (Pure Acquisition Corp.), Warrant Agreement (Pure Acquisition Corp.), Warrant Agreement (HighPeak Energy, Inc.)

Exclusion of Private Placement Warrants and Forward Purchase Warrants. The Company agrees that (a) the redemption rights provided in Section 6.1 hereof shall not apply to the Private Placement Warrants and Forward Purchase Warrants if at the time of the redemption such Private Placement Warrants or Forward Purchase Warrants continue to be held by the Sponsor Sponsors or its permitted transferees Cannae Holdings thereof or their Permitted Transferees and (b) if the Reference Value equals or exceeds $18.00 per share (subject to adjustment in compliance with Section 4 hereof), the redemption rights provided in Section 6.2 hereof shall not apply to the Private Placement Warrants or Forward Purchase Warrants if at the time of the redemption such Private Placement Warrants or Forward Purchase Warrants continue to be held by the Sponsor Sponsors or its permitted transfereesCannae Holdings thereof or their Permitted Transferees. However, once such Private Placement Warrants or Forward Purchase Warrants are transferred (other than to permitted transferees Permitted Transferees in accordance with Section 2.6 hereof), the Company may redeem the Private Placement Warrants or Forward Purchase Warrants pursuant to Section 6.1 or 6.2 hereof, provided that the criteria for redemption are met, including the opportunity of the holder of such Private Placement Warrants or Forward Purchase Warrants to exercise the Private Placement Warrants or Forward Purchase Warrants prior to redemption pursuant to Section 6.4 hereof. Private Placement Warrants or Forward Purchase Warrants that are transferred to persons other than permitted transferees Permitted Transferees shall upon such transfer cease to be Private Placement Warrants or Forward Purchase Warrants and shall become Public Warrants under this Agreement, including for purposes of Section 9.8 hereof.

Appears in 3 contracts

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

Exclusion of Private Placement Warrants and Forward Purchase Warrants. The Company agrees that (a) the redemption rights provided in Section 6.1 hereof shall not apply to the Private Placement Warrants and Forward Purchase Warrants if at the time of the redemption such Private Placement Warrants or Forward Purchase Warrants continue to be held by the Sponsor Sponsors or its permitted transferees Cannae Holdings or THL FTAC, thereof, or their Permitted Transferees and (b) if the Reference Value equals or exceeds $18.00 per share (subject to adjustment in compliance with Section 4 hereof), the redemption rights provided in Section 6.2 hereof shall not apply to the Private Placement Warrants or Forward Purchase Warrants if at the time of the redemption such Private Placement Warrants or Forward Purchase Warrants continue to be held by the Sponsor Sponsors or its permitted transfereesCannae Holdings or THL FTAC thereof, or their Permitted Transferees. However, once such Private Placement Warrants or Forward Purchase Warrants are transferred (other than to permitted transferees Permitted Transferees in accordance with Section 2.6 hereof), the Company may redeem the Private Placement Warrants or Forward Purchase Warrants pursuant to Section 6.1 or 6.2 hereof, provided that the criteria for redemption are met, including the opportunity of the holder of such Private Placement Warrants or Forward Purchase Warrants to exercise the Private Placement Warrants or Forward Purchase Warrants prior to redemption pursuant to Section 6.4 hereof. Private Placement Warrants or Forward Purchase Warrants that are transferred to persons other than permitted transferees Permitted Transferees shall upon such transfer cease to be Private Placement Warrants or Forward Purchase Warrants and shall become Public Warrants under this Agreement, including for purposes of Section 9.8 hereof.

Appears in 3 contracts

Samples: Warrant Agreement (Foley Trasimene Acquisition Corp.), Warrant Agreement (Foley Trasimene Acquisition Corp.), Warrant Agreement (Foley Trasimene Acquisition Corp.)

Exclusion of Private Placement Warrants and Forward Purchase Warrants. The Company agrees that (a) the redemption rights provided in Section 6.1 6.2 hereof shall not apply to (x) the Private Placement Warrants and Forward Purchase Warrants if at the time of the redemption such Private Placement Warrants continue to be held by the Sponsor or its Permitted Transferees or (y) the Forward Purchase Warrants if at the time of the redemption such Forward Purchase Warrants continue to be held by the Sponsor Forward Purchase Investor or its permitted transferees Permitted Transferees, and (b) if the Reference Value equals or exceeds $18.00 per share (subject to adjustment in compliance with Section 4 hereof), the redemption rights provided in Section 6.2 6.1 hereof shall not apply to (x) the Private Placement Warrants if at the time of the redemption such Private Placement Warrants continue to be held by the Sponsor or its Permitted Transferees or (y) the Forward Purchase Warrants if at the time of the redemption such Private Placement Warrants or Forward Purchase Warrants continue to be held by the Sponsor Forward Purchase Investor or its permitted transfereesPermitted Transferees. However, once such Private Placement Warrants or Forward Purchase Warrants are transferred (other than to permitted transferees Permitted Transferees in accordance with Section 2.6 hereof), the Company may redeem the Private Placement Warrants or and Forward Purchase Warrants pursuant to Section 6.1 or 6.2 hereof, provided that the criteria for redemption are met, including the opportunity of the holder of such Private Placement Warrants or and Forward Purchase Warrants to exercise the Private Placement Warrants or and Forward Purchase Warrants prior to redemption pursuant to Section 6.4 hereof. Private Placement Warrants or and Forward Purchase Warrants that are transferred to persons other than permitted transferees Permitted Transferees shall upon such transfer cease to be Private Placement Warrants or Forward Purchase Warrants Warrants, and shall become Public Warrants under this Agreement, including for purposes of Section 9.8 hereof.

Appears in 2 contracts

Samples: Warrant Agreement (SVF Investment Corp. 2), Warrant Agreement (SVF Investment Corp. 3)

Exclusion of Private Placement Warrants and Forward Purchase Warrants. The Company agrees that (a) the redemption rights provided in Section 6.1 hereof shall not apply to the Private Placement Warrants and Forward Purchase Warrants if at the time of the redemption such Private Placement Warrants or Forward Purchase Warrants continue to be held by the Sponsor or its permitted transferees Cannae Holdings thereof, or their Permitted Transferees and (b) if the Reference Value equals or exceeds $18.00 per share (subject to adjustment in compliance with Section 4 hereof), the redemption rights provided in Section 6.2 hereof shall not apply to the Private Placement Warrants or Forward Purchase Warrants if at the time of the redemption such Private Placement Warrants or Forward Purchase Warrants continue to be held by the Sponsor or its permitted transfereesCannae Holdings thereof, or their Permitted Transferees. However, once such Private Placement Warrants or Forward Purchase Warrants are transferred (other than to permitted transferees Permitted Transferees in accordance with Section 2.6 hereof), the Company may redeem the Private Placement Warrants or Forward Purchase Warrants pursuant to Section 6.1 or 6.2 hereof, provided that the criteria for redemption are met, including the opportunity of the holder of such Private Placement Warrants or Forward Purchase Warrants to exercise the Private Placement Warrants or Forward Purchase Warrants prior to redemption pursuant to Section 6.4 hereof. Private Placement Warrants or Forward Purchase Warrants that are transferred to persons other than permitted transferees Permitted Transferees shall upon such transfer cease to be Private Placement Warrants or Forward Purchase Warrants and shall become Public Warrants under this Agreement, including for purposes of Section 9.8 hereof.

Appears in 2 contracts

Samples: Warrant Agreement (Foley Trasimene Acquisition II), Warrant Agreement (Foley Trasimene Acquisition II)

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Exclusion of Private Placement Warrants and Forward Purchase Warrants. 6.5.1. The Company agrees that (a) the redemption rights provided in Section 6.1 hereof shall not apply to the Private Placement Warrants and or Forward Purchase Warrants if at the time of the redemption such Private Placement Warrants or Forward Purchase Warrants continue to be held by the Sponsor or its permitted transferees Permitted Transferees or such Forward Purchase Warrants continue to be held by LV6 or their Permitted Transferees and (b) if the Reference Value equals or exceeds $18.00 per share (subject to adjustment in compliance with Section 4 hereof), the redemption rights provided in Section 6.2 hereof shall not apply to the Private Placement Warrants or Forward Purchase Warrants if at the time of the redemption such Private Placement Warrants or Forward Purchase Warrants continue to be held by the Sponsor or its permitted transfereesPermitted Transferees or such Forward Purchase Warrants continue to be held by LV6 or their Permitted Transferees. However, once such Private Placement Warrants or Forward Purchase Warrants are transferred (other than to permitted transferees Permitted Transferees in accordance with Section 2.6 hereof), the Company may redeem the Private Placement Warrants or Forward Purchase Warrants pursuant to Section 6.1 or 6.2 hereof, provided that the criteria for redemption are met, including the opportunity of the holder of such Private Placement Warrants or Forward Purchase Warrants to exercise the Private Placement Warrants or Forward Purchase Warrants prior to redemption pursuant to Section 6.4 hereof. Private Placement Warrants or Forward Purchase Warrants that are transferred to persons other than permitted transferees Permitted Transferees shall upon such transfer cease to be Private Placement Warrants or Forward Purchase Warrants and shall become Public Warrants under this Agreement, including for purposes of Section 9.8 hereof. 6.5.2. The Company agrees that the provisions of Section 6.2 shall apply to the Private Placement Warrants and the Forward Purchase Warrants pari passu with the Public Warrants.

Appears in 2 contracts

Samples: Warrant Agreement (Lux Health Tech Acquisition Corp.), Warrant Agreement (Lux Health Tech Acquisition Corp.)

Exclusion of Private Placement Warrants and Forward Purchase Warrants. The Company agrees that (a) the redemption rights provided in this Section 6.1 hereof 6 shall not apply to the Private Placement Warrants and Forward Purchase Warrants if at the time of the redemption such Private Placement Warrants or the Forward Purchase Securities continue to be held by the initial purchasers or their permitted transferees or such Forward Purchase Warrants continue to be held by the Sponsor a Forward Purchaser or its permitted transferees and (b) if the Reference Value equals or exceeds $18.00 per share (subject to adjustment in compliance with Section 4 hereof), the redemption rights provided in Section 6.2 hereof shall not apply to the Private Placement Warrants or Forward Purchase Warrants if at the time of the redemption such Private Placement Warrants or Forward Purchase Warrants continue to be held by the Sponsor or its permitted transfereesPermitted Transferees. However, once such Private Placement Warrants or such Forward Purchase Warrants are transferred (other than to permitted transferees in accordance with under Section 2.6 hereof5.6), the Company may redeem the Private Placement Warrants or and/or the Forward Purchase Warrants pursuant to Section 6.1 or 6.2 hereofWarrants, provided that the criteria for redemption are met, including the opportunity of the holder of such Private Placement Warrants or Forward Purchase Warrants to exercise the Private Placement Warrants or Forward Purchase Warrants prior to redemption pursuant to Section 6.4 hereof6.3. Private Placement Warrants or Forward Purchase Warrants that are transferred to persons other than permitted transferees Permitted Transferees shall upon such transfer cease to be Private Placement Warrants or Forward Purchase Warrants Warrants, as applicable, and shall become Public Warrants under this Agreement, including for purposes of Section 9.8 hereof.

Appears in 2 contracts

Samples: Warrant Agreement (Regalwood Global Energy Ltd.), Warrant Agreement (Regalwood Global Energy Ltd.)

Exclusion of Private Placement Warrants and Forward Purchase Warrants. The Company agrees that (a) the redemption rights provided in Section 6.1 hereof shall not apply to the Private Placement Warrants and Forward Purchase Warrants if at the time of the redemption such Private Placement Warrants or Forward Purchase Warrants continue to be held by the Sponsor or its permitted transferees and (b) if the Reference Value equals or exceeds $18.00 per share (subject to adjustment in compliance with Section 4 hereof), the redemption rights provided in Section 6.2 hereof shall not apply to the Private Placement Warrants or Forward Purchase Warrants if at the time of the redemption (i) such Private Placement Warrants or Forward Purchase Warrants continue to be held by the Sponsor or any of its permitted transfereesPermitted Transferees and (ii) such Forward Purchase Warrants continue to be held by a Forward Purchase Investor or a Permitted Transferee thereof. However, once such Private Placement Warrants or Forward Purchase Warrants are transferred (other than to permitted transferees in accordance with Permitted Transferees under Section 2.6 hereof), the Company may redeem the Private Placement Warrants or Forward Purchase Warrants pursuant to Section 6.1 or 6.2 hereof, provided that the criteria for redemption are met, including the opportunity of the holder of such Private Placement Warrants or Forward Purchase Warrants to exercise the Private Placement Warrants or Forward Purchase Warrants prior to redemption pursuant to Section 6.4 hereof. Private Placement Warrants or and Forward Purchase Warrants that are transferred to persons other than permitted transferees Permitted Transferees shall upon such transfer cease to be Private Placement Warrants or Forward Purchase Warrants Warrants, as applicable, and shall become Public Warrants under this Agreement, including for purposes of Section 9.8 hereof.

Appears in 2 contracts

Samples: Warrant Agreement (Zimmer Energy Transition Acquisition Corp.), Warrant Agreement (Zimmer Energy Transition Acquisition Corp.)

Exclusion of Private Placement Warrants and Forward Purchase Warrants. The Company agrees that (a) the redemption rights provided in Section 6.1 hereof shall not apply to the Private Placement Warrants and Forward Purchase Warrants if at the time of the redemption such Private Placement Warrants or Forward Purchase Warrants continue to be held by the Sponsor or its permitted transferees and (b) if the Reference Value equals or exceeds $18.00 per share (subject to adjustment in compliance with Section 4 hereof), the redemption rights provided in Section 6.2 hereof shall not apply to the Private Placement Warrants or Forward Purchase Warrants if at the time of the redemption (i) such Private Placement Warrants or Forward Purchase Warrants continue to be held by the Sponsor or any of its permitted transfereesPermitted Transferees and (ii) such Forward Purchase Warrants continue to be held by a Forward Purchase Investor or a Permitted Transferee thereof. However, once such Private Placement Warrants or Forward Purchase Warrants are transferred (other than to permitted transferees in accordance with Permitted Transferees under Section 2.6 hereof), the Company may redeem the Private Placement Warrants or Forward Purchase Warrants pursuant to Section 6.1 or 6.2 hereof, provided that the criteria for redemption are met, including the opportunity of the holder of such Private Placement Warrants or Forward Purchase Warrants to exercise the Private Placement Warrants or Forward Purchase Warrants prior to redemption pursuant to Section 6.4 hereof. Private Placement Warrants or and Forward Purchase Warrants that are transferred to persons other than permitted transferees Permitted Transferees shall upon such transfer cease to be Private Placement Warrants or Forward Purchase Warrants Warrants, as applicable, and shall become Public Warrants under this Agreement, including for purposes of Section 9.8 hereof.

Appears in 1 contract

Samples: Warrant Agreement (Zimmer Energy Transition Acquisition Corp.)

Exclusion of Private Placement Warrants and Forward Purchase Warrants. The Company agrees that (a) the redemption rights provided in Section 6.1 hereof shall not apply to the Private Placement Warrants and Forward Purchase Warrants if at the time of the redemption such Private Placement Warrants or Forward Purchase Warrants continue to be held by the Sponsor or its permitted transferees Permitted Transferees and (b) if the Reference Value equals or exceeds $18.00 per share (subject to adjustment in compliance with Section 4 hereof), the redemption rights provided in Section 6.2 hereof shall not apply to the Private Placement Warrants or and the Forward Purchase Warrants if at the time of the redemption such Private Placement Warrants or Forward Purchase Warrants continue to be held by the Sponsor or its permitted transfereesPermitted Transferees. However, once such Private Placement Warrants or Forward Purchase Warrants are transferred (other than to permitted transferees Permitted Transferees in accordance with Section 2.6 hereof), the Company may redeem the Private Placement Warrants or Forward Purchase such Warrants pursuant to Section 6.1 or 6.2 hereof, provided that the criteria for redemption are met, including the opportunity of the holder of such Private Placement Warrants or Forward Purchase Warrants to exercise the Private Placement Warrants or Forward Purchase Warrants prior to redemption pursuant to Section 6.4 6.5 hereof. Private Placement Warrants or and Forward Purchase Warrants that are transferred to persons other than permitted transferees Permitted Transferees shall upon such transfer cease to be Private Placement Warrants or Forward Purchase Warrants Warrants, as applicable, and shall become Public Warrants under this Agreement, including for purposes of Section 9.8 hereof.

Appears in 1 contract

Samples: Warrant Agreement (Tetragon Acquisition Corp I)

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