Common use of Exercise After Notice of Exchange Clause in Contracts

Exercise After Notice of Exchange. The Warrants may be exercised, for cash (or on a “cashless basis” in accordance with subsection 3.3.1(b) of this Agreement, with an adjustment to the definition of “Fair Market Value” to substitute the date on which the notice of exchange is sent for the date on which the nature of redemption is sent) at any time after notice of exchange shall have been given by the Company pursuant to Section 6A.2 hereof and prior to the Exchange Date. On and after the Exchange Date, the Registered Holder of the Warrants shall have no further rights except to receive, upon surrender of the Warrants, the Consideration.”

Appears in 2 contracts

Samples: Warrant Agreement (Biote Corp.), Warrant Agreement (BTRS Holdings Inc.)

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Exercise After Notice of Exchange. The Warrants may be exercised, for cash (or on a “cashless basis” in accordance with subsection 3.3.1(b) 3.3.1 of this Agreement, with an adjustment to the definition of “Fair Market Value” to substitute the date on which the notice of exchange is sent for the date on which the nature notice of redemption exercise is sentreceived) at any time after notice of exchange shall have been given by the Company pursuant to Section 6A.2 6A.3 hereof and prior to the Exchange Date. On and after the Exchange Date, the Registered Holder of the Warrants shall have no further rights except to receive, upon surrender of the Warrants, the Consideration.”

Appears in 1 contract

Samples: Warrant Agreement (Granite Ridge Resources, Inc.)

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Exercise After Notice of Exchange. The Warrants may be exercised, for cash (or on a “cashless basis” in accordance with subsection 3.3.1(b3.3.1(c) of this Agreement, with an adjustment to the definition of “Fair Market Value” to substitute the date on which the notice of exchange is sent for the date on which the nature notice of redemption exercise is sent) at any time after notice of exchange shall have been given by the Company pursuant to Section 6A.2 6A.3 hereof and prior to the Exchange Date. On and after the Exchange Date, the Registered Holder of the Warrants shall have no further rights except to receive, upon surrender of the Warrants, the Consideration.

Appears in 1 contract

Samples: Warrant Agreement (Global Business Travel Group, Inc.)

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