Exercise After Notice of Redemption. The Warrants may be exercised, for cash (or on a “cashless basis” in accordance with subsection 3.3.1(b) of this Agreement) at any time after notice of redemption shall have been given by the Company pursuant to Section 6.3 hereof and prior to the Redemption Date or the Alternative Redemption Date. In the event that the Company determines to require all holders of Warrants to exercise their Warrants on a “cashless basis” pursuant to subsection 3.3.1, the notice of redemption shall contain the information necessary to calculate the number of shares of Common Stock to be received upon exercise of the Warrants, including the “Fair Market Value” (as such term is defined in subsection 3.3.1(b) hereof) in such case. On and after the Redemption Date or the Alterative Redemption Price, as applicable, the record holder of the Warrants shall have no further rights except to receive, upon surrender of the Warrants, the Redemption Price or the Alterative Redemption Price, as applicable.
Appears in 33 contracts
Samples: Warrant Agreement (Gores Holdings IX, Inc.), Warrant Agreement (Gores Holdings IX, Inc.), Warrant Agreement (Gores Holdings X, Inc.)
Exercise After Notice of Redemption. The Public Warrants may be exercised, exercised for cash (or or, if the Company has elected to require exercise on a “cashless basis” in accordance with subsection 3.3.1(b) of this Agreement, on such “cashless basis”) at any time after notice of redemption shall have been given by the Company pursuant to Section 6.3 6.2 hereof and prior to the Redemption Date or the Alternative Redemption Date. In the event that the Company determines to require all holders of Warrants to exercise their Warrants on a “cashless basis” pursuant to subsection 3.3.13.3.1(b), the notice of redemption shall contain the information necessary to calculate the number of shares of Common Stock Ordinary Shares to be received upon exercise of the Warrants, including the “Fair Market Value” (as such term is defined in subsection 3.3.1(b) hereof) in such case. On and after the Redemption Date or the Alterative Redemption Price, as applicableDate, the record holder of the Public Warrants shall have no further rights except to receive, upon surrender of the Public Warrants, the Redemption Price or the Alterative Redemption Price, as applicable.
Appears in 15 contracts
Samples: Warrant Agreement (Israel Acquisitions Corp), Warrant Agreement (Israel Acquisitions Corp), Warrant Agreement (Israel Acquisitions Corp)
Exercise After Notice of Redemption. The Warrants may be exercised, for cash (or, if in connection with a redemption pursuant to Sections 6.2 or 7.4 hereof, on a “cashless basis” in accordance with subsection 3.3.1(b) of this Agreementsuch section) at any time after notice of redemption shall have been given by the Company pursuant to Section 6.3 hereof and prior to the Redemption Date or the Alternative Redemption Date. In the event that the Company determines to require all holders of Warrants to exercise their Warrants on a “cashless basis” pursuant to subsection 3.3.1Section 7.4 hereof, the notice of redemption shall contain the information necessary to calculate the number of shares of Common Stock Ordinary Shares to be received upon exercise of the Warrants, including the “Fair Market Value” (as such term is defined in subsection 3.3.1(b) Section 7.4 hereof) in such case. On and after the Redemption Date or the Alterative Redemption Price, as applicableDate, the record holder of the Warrants shall have no further rights except to receive, upon surrender of the Warrants, the Redemption Price or the Alterative Redemption Price, as applicable.
Appears in 9 contracts
Samples: Warrant Agreement (Pivotal Holdings Corp), Warrant Agreement (Decarbonization Plus Acquisition Corp IV), Warrant Agreement (Decarbonization Plus Acquisition Corp IV)
Exercise After Notice of Redemption. The Warrants may be exercised, for cash (or on a “cashless basis” if the Company so elects in accordance with subsection 3.3.1(b) Section 6.1, or in connection with a redemption pursuant to Section 6.2 of this Agreement) at any time after notice of redemption shall have been given by the Company pursuant to Section 6.3 hereof and prior to the Redemption Date or the Alternative Redemption Date. In the event that the Company determines to require all holders of Warrants to exercise their Warrants on a “cashless basis,” pursuant to subsection 3.3.1, the notice of redemption shall contain the information necessary to calculate the number of shares of Common Stock Ordinary Shares to be received upon exercise of the Warrants, including the “Fair Market Value” (as such term is defined in subsection 3.3.1(b) hereof) and in such casethe case of a redemption pursuant to Section 6.2, the relevant value based on the table above. On and after the Redemption Date or the Alterative Redemption Price, as applicableDate, the record holder of the Warrants shall have no further rights except to receive, upon surrender of the Warrants, the Redemption Price or the Alterative Redemption Price, as applicable.
Appears in 9 contracts
Samples: Warrant Agreement (AfterNext HealthTech Acquisition Corp.), Warrant Agreement (AfterNext HealthTech Acquisition Corp.), Warrant Agreement (TPG Pace Tech Opportunities Corp.)
Exercise After Notice of Redemption. The Warrants may be exercised, for cash (or on a “cashless basis” in accordance with subsection 3.3.1(b3.03(a)(ii) of this Agreement) at any time after notice of redemption shall have been given by the Company pursuant to Section 6.3 6.03 hereof and prior to the Redemption Date or the Alternative Redemption Date. In the event that the Company determines to require all holders of Warrants to exercise their Warrants on a “cashless basis” pursuant to subsection 3.3.13.03(a)(ii), the notice of redemption shall contain the information necessary to calculate the number of shares of Common Stock to be received upon exercise of the Warrants, including the “Fair Market Value” (as such term is defined in subsection 3.3.1(b3.03(a)(ii) hereof) in such case. On and after the Redemption Date or the Alterative Redemption Price, as applicableDate, the record holder of the Warrants shall have no further rights except to receive, upon surrender of the Warrants, the Redemption Price or the Alterative Alternative Redemption Price, as applicable.
Appears in 9 contracts
Samples: Warrant Agreement (Nikola Corp), Warrant Agreement (USHG Acquisition Corp.), Warrant Agreement (USHG Acquisition Corp.)
Exercise After Notice of Redemption. The Warrants (including the Private Warrants and the Working Capital Warrants) may be exercised, for cash (or on a “cashless basis” in accordance with subsection 3.3.1(b) of this Agreement) at any time after notice of redemption shall have been given by the Company pursuant to Section 6.3 6.2 hereof and prior to the Redemption Date or the Alternative Redemption Date. In the event that the Company determines to require all holders of Warrants to exercise their Warrants on a “cashless basis” pursuant to subsection 3.3.13.3.1(b), the notice of redemption shall contain the information necessary to calculate the number of shares of Common Stock to be received upon exercise of the Warrants, including the “Fair Market Value” (as such term is defined in subsection 3.3.1(b) hereof) in such case. On and after the Redemption Date or the Alterative Redemption Price, as applicableDate, the record holder of the Warrants shall have no further rights except to receive, upon surrender of the Warrants, the Redemption Price or the Alterative Redemption Price, as applicable.
Appears in 8 contracts
Samples: Warrant Agreement (ShoulderUP Technology Acquisition Corp.), Warrant Agreement (ShoulderUP Technology Acquisition Corp.), Warrant Agreement (Lionheart III Corp)
Exercise After Notice of Redemption. The Warrants may be exercised, for cash (or on a “cashless basis” in accordance with pursuant to subsection 3.3.1(b) of this Agreementhereof, if applicable) at any time after notice of redemption shall have been given by the Company pursuant to Section 6.3 6.2 hereof and prior to the Redemption Date or the Alternative Redemption Date. In the event that the Company determines to require all holders of Warrants to exercise their Warrants on a “cashless basis” pursuant to subsection 3.3.13.3.1(b) hereof, the notice of redemption shall contain the information necessary instructions on how to calculate the number of shares of Common Stock to be received upon exercise of the Warrants, including the “Fair Market Value” (as such term is defined in subsection 3.3.1(b) hereof) in such case. On and after the Redemption Date or the Alterative Redemption Price, as applicableDate, the record holder of the Warrants shall have no further rights except to receive, upon surrender of the Warrants, the Redemption Price or the Alterative Redemption Price, as applicable.
Appears in 4 contracts
Samples: Warrant Agreement (Kimbell Tiger Acquisition Corp), Warrant Agreement (Kimbell Tiger Acquisition Corp), Warrant Agreement (Kimbell Tiger Acquisition Corp)
Exercise After Notice of Redemption. The PIPE Warrants may be exercised, for cash (or on a “cashless basis” in accordance with subsection 3.3.1(b) of this Agreement) at any time after notice of redemption shall have been given by the Company pursuant to Section 6.3 6.2 hereof and prior to the Redemption Date or the Alternative Redemption Date. In the event that the Company determines to require all holders of PIPE Warrants to exercise their PIPE Warrants on a “cashless basis” pursuant to subsection 3.3.1, the notice of redemption shall contain the information necessary to calculate the number of shares of Common Stock to be received upon exercise of the PIPE Warrants, including the “Fair Market Value” (as such term is defined in subsection 3.3.1(b) hereof) in such case. On and after the Redemption Date or the Alterative Redemption Price, as applicableDate, the record holder of the PIPE Warrants shall have no further rights except to receive, upon surrender of the PIPE Warrants, the Redemption Price or the Alterative Redemption Price, as applicable.
Appears in 3 contracts
Samples: Warrant Agreement (MultiPlan Corp), Subscription Agreement (Churchill Capital Corp III), Subscription Agreement (Churchill Capital Corp III)
Exercise After Notice of Redemption. The Warrants may be exercised, exercised for cash (or on a “cashless basis” in accordance with subsection 3.3.1(b) of this Agreement) at any time after notice of redemption shall have been given by the Company pursuant to Section 6.3 hereof and prior to the Redemption Date or the Alternative Redemption Date. In the event that the Company determines to require all holders of Warrants to exercise their Warrants on a “cashless basis” pursuant to subsection 3.3.1, the notice of redemption shall contain the information necessary to calculate the number of shares of Common Stock Ordinary Shares to be received upon exercise of the Warrants, including the “Fair Market Value” (as such term is defined in subsection 3.3.1(b) hereof) in such case. On and after the Redemption Date or the Alterative Alternative Redemption PriceDate, as applicable, the record holder of the Warrants shall have no further rights except to receive, upon surrender of the Warrants, the Redemption Price or the Alterative Alternative Redemption Price, as applicable.
Appears in 3 contracts
Samples: Warrant Agreement (Rockley Photonics Holdings LTD), Warrant Agreement (SC Health Corp), Warrant Agreement (SC Health Corp)
Exercise After Notice of Redemption. The Warrants may be exercised, exercised for cash (or on a “cashless basis” in accordance with subsection 3.3.1(b) or Section 6.2 of this Agreement) at any time after notice of redemption shall have been given by the Company pursuant to Section 6.3 hereof and prior to the Redemption Date or the Alternative Redemption Date. In the event that the Company determines to require all holders of Warrants to exercise their Warrants on a “cashless basis” pursuant to subsection 3.3.13.3.1(b), the notice of redemption shall contain the information necessary to calculate the number of shares of Common Stock to be received upon exercise of the Warrants, including the definition of “Fair Market Value” (as such term is defined in subsection 3.3.1(b) hereof) in such case. In connection with any redemption of the Warrants, the Company shall provide the Registered Holders with the “Fair Market Value” (as such term is defined in subsection 3.3.1(b) hereof) no later than one (1) Business Day after the ten (10) trading day period referred to in such definition of “Fair Market Value.” On and after the Redemption Date or the Alterative Redemption Price, as applicableDate, the record holder Registered Holder of the Warrants shall have no further rights except to receive, upon surrender of the Warrants, the Redemption Price or the Alterative applicable Redemption Price, as applicable.
Appears in 3 contracts
Samples: Warrant Agreement (Oyster Enterprises Acquisition Corp.), Warrant Agreement (Oyster Enterprises Acquisition Corp.), Warrant Agreement (Oyster Enterprises Acquisition Corp.)
Exercise After Notice of Redemption. The Warrants Warrants, except Private Placement Warrants, may be exercised, for cash (or cash. All Warrants may be exercised on a “cashless basis” in accordance with subsection 3.3.1(b) of this Agreement) Agreement at any time after notice of redemption shall have been given by the Company pursuant to Section 6.3 6.2 hereof and prior to the Redemption Date or the Alternative Redemption Date. In the event that the Company determines to require all holders of Warrants to exercise their Warrants on a “cashless basis” pursuant to subsection 3.3.1, the notice of redemption shall contain the information necessary to calculate the number of shares of Common Stock to be received upon exercise of the Warrants, including the “Fair Market Value” (as such term is defined in subsection 3.3.1(b) hereof) in such case. On and after the Redemption Date or the Alterative Redemption Price, as applicableDate, the record holder of the Warrants shall have no further rights except to receive, upon surrender of the Warrants, the Redemption Price or the Alterative Redemption Price, as applicable.
Appears in 3 contracts
Samples: Warrant Agreement (Global Star Acquisition Inc.), Warrant Agreement (Global Star Acquisition Inc.), Warrant Agreement (Global Star Acquisition Inc.)
Exercise After Notice of Redemption. The Warrants may be exercised, for cash (or on a “cashless basis” if the Company so elects in accordance with subsection 3.3.1(b) Section 6.1, or in connection with a redemption pursuant to Section 6.2 of this Agreement) at any time after notice of redemption shall have been given by the Company pursuant to Section 6.3 hereof and prior to the Redemption Date or the Alternative Redemption Date. In the event that the Company determines to require all holders of Warrants to exercise their Warrants on a “cashless basis,” pursuant to subsection 3.3.1, the notice of redemption shall contain the information necessary to calculate the number of shares of Common Stock Ordinary Shares to be received upon exercise of the Warrants, including the “Fair Market Value” Value (as such term is defined in subsection 3.3.1(b) hereof) and, in such casethe case of a redemption pursuant to Section 6.2, the relevant value based on the table above. On and after the Redemption Date or the Alterative Redemption Price, as applicableDate, the record holder of the Warrants shall have no further rights except to receive, upon surrender of the Warrants, the Redemption Price or the Alterative Redemption Price, as applicable.
Appears in 2 contracts
Samples: Warrant Agreement (Europa Growth Acquisition Co), Warrant Agreement (Thoma Bravo Advantage)
Exercise After Notice of Redemption. The Warrants may be exercised, for cash (or, if in connection with a redemption pursuant to Section 6.2 or 7.4 hereof, on a “cashless basis” in accordance with subsection 3.3.1(b) of this Agreementsuch section) at any time after notice of redemption shall have been given by the Company pursuant to Section 6.3 hereof and prior to the Redemption Date or the Alternative Redemption Date. In the event that the Company determines to require all holders of Warrants to exercise their Warrants on a “cashless basis” pursuant to subsection 3.3.1Section 7.4 hereof, the notice of redemption shall contain the information necessary to calculate the number of shares of Common Stock Ordinary Shares to be received upon exercise of the Warrants, including the “Fair Market Value” (as such term is defined in subsection 3.3.1(b) Section 7.4 hereof) in such case. On and after the Redemption Date or the Alterative Redemption Price, as applicableDate, the record holder of the Warrants shall have no further rights except to receive, upon surrender of the Warrants, the Redemption Price or the Alterative Redemption Price, as applicable.
Appears in 2 contracts
Samples: Warrant Agreement (Spartan Acquisition Corp. IV), Warrant Agreement (Spartan Acquisition Corp. IV)
Exercise After Notice of Redemption. The Warrants may be exercised, for cash (or on a “cashless basis” in accordance with subsection 3.3.1(b3.03(a)(ii) of this Agreement) at any time after notice of redemption shall have been given by the Company pursuant to Section 6.3 6.02 hereof and prior to the Redemption Date or the Alternative Redemption Date. In the event that the Company determines to require all holders of Warrants to exercise their Warrants on a “cashless basis” pursuant to subsection 3.3.13.03(a)(ii), the notice of redemption shall contain the information necessary to calculate the number of shares of Common Stock Ordinary Shares to be received upon exercise of the Warrants, including the “Fair Market Value” (as such term is defined in subsection 3.3.1(b3.03(a)(ii) hereof) in such case. On and after the Redemption Date or the Alterative Redemption Price, as applicableDate, the record holder of the Warrants shall have no further rights except to receive, upon surrender of the Warrants, the Redemption Price or the Alterative Redemption Price, as applicable.
Appears in 2 contracts
Samples: Warrant Agreement (Spark I Acquisition Corp), Warrant Agreement (Spark I Acquisition Corp)
Exercise After Notice of Redemption. The Warrants may be exercised, for cash (or, if in connection with a redemption pursuant to subsection 3.3.1(b) or Section 6.2 of this Agreement, on a “"cashless basis” " in accordance with subsection 3.3.1(b) of this Agreementsuch sections) at any time after notice of redemption shall have been given by the Company pursuant to Section 6.3 hereof and prior to the Redemption Date or the Alternative Redemption Date. In the event that the Company determines to require all holders of Warrants to exercise their Warrants on a “cashless basis” pursuant to subsection 3.3.1, the notice of redemption shall contain the information necessary to calculate the number of shares of Common Stock to be received upon exercise of the Warrants, including the “Fair Market Value” (as such term is defined in subsection 3.3.1(b) hereof) in such case. On and after the Redemption Date or the Alterative Redemption Price, as applicable, the record holder of the Warrants shall have no further rights except to receive, upon surrender of the Warrants, the Redemption Price or the Alterative Redemption Price, as applicable.
Appears in 2 contracts
Samples: Warrant Agreement (TLG Acquisition One Corp.), Warrant Agreement (TLG Acquisition One Corp.)
Exercise After Notice of Redemption. The Warrants may be exercised, for cash (or on a “cashless basis” in accordance with pursuant to subsection 3.3.1(b) of this Agreementhereof, if applicable) at any time after notice of redemption shall have been given by the Company pursuant to Section 6.3 6.2 hereof and prior to the Redemption Date or the Alternative Redemption Date. In the event that the Company determines to require all holders of Warrants to exercise their Warrants on a “cashless basis” pursuant to subsection 3.3.13.3.1(b) hereof, the notice of redemption shall contain the information necessary instructions on how to calculate the number of shares of Common Stock Class A Shares to be received upon exercise of the Warrants, including the “Fair Market Value” (as such term is defined in subsection 3.3.1(b) hereof) in such case. On and after the Redemption Date or the Alterative Redemption Price, as applicableDate, the record holder of the Warrants shall have no further rights except to receive, upon surrender of the Warrants, the Redemption Price or the Alterative Redemption Price, as applicable.
Appears in 2 contracts
Samples: Warrant Agreement (Screaming Eagle Acquisition Corp.), Warrant Agreement (Spinning Eagle Acquisition Corp.)
Exercise After Notice of Redemption. The Warrants may be exercised, exercised for cash (or on a “cashless basis” in accordance with subsection 3.3.1(b) or Section 6.2 of this Agreement) at any time after notice of redemption shall have been given by the Company pursuant to Section 6.3 hereof and prior to the Redemption Date or the Alternative Redemption Date. In the event that the Company determines to require or permit all holders of Warrants to exercise their Warrants on a “cashless basis” pursuant to subsection 3.3.13.3.1(b), the notice of redemption shall contain the information necessary to calculate the number of shares of Common Stock to be received upon exercise of the Warrants, including the definition of “Fair Market Value” (as such term is defined in subsection 3.3.1(b) hereof) in such case. In connection with any redemption of the Warrants, the Company shall provide the Registered Holders with the “Fair Market Value” (as such term is defined in subsection 3.3.1(b) hereof) no later than one (1) Business Day after the ten (10) trading day period referred to in such definition of “Fair Market Value.” On and after the Redemption Date or the Alterative Redemption Price, as applicableDate, the record holder Registered Holder of the Warrants shall have no further rights except to receive, upon surrender of the Warrants, the Redemption Price or the Alterative applicable Redemption Price, as applicable.
Appears in 1 contract
Exercise After Notice of Redemption. The Warrants may be exercised, for cash (or on a “cashless basis” in accordance with subsection 3.3.1(b3.03(a) (ii) of this Agreement) at any time after notice of redemption shall have been given by the Company pursuant to Section 6.3 6.02 hereof and prior to the Redemption Date or the Alternative Redemption Date. In the event that the Company determines to require all holders of Warrants to exercise their Warrants on a “cashless basis” pursuant to subsection 3.3.13.03(a)(ii), the notice of redemption shall contain the information necessary to calculate the number of shares of Common Stock Ordinary Shares to be received upon exercise of the Warrants, including the “Fair Market Value” (as such term is defined in subsection 3.3.1(b3.03(a)(ii) hereof) in such case. On and after the Redemption Date or the Alterative Redemption Price, as applicableDate, the record holder of the Warrants shall have no further rights except to receive, upon surrender of the Warrants, the Redemption Price or the Alterative Redemption Price, as applicable.
Appears in 1 contract
Exercise After Notice of Redemption. The Warrants may be exercised, for cash (or or, if in connection with a redemption pursuant to Sections 6.2 hereof, on a “cashless basis” in accordance with subsection 3.3.1(b) of this Agreementsuch section) at any time after notice of redemption shall have been given by the Company pursuant to Section 6.3 hereof and prior to the Redemption Date or the Alternative Redemption Date. In the event that the Company determines determine to require all holders of Warrants to exercise their Warrants on a “cashless basis” pursuant to subsection 3.3.1Section 7.4, the notice of redemption shall contain the information necessary to calculate the number of shares of Common Stock to be received upon exercise of the Warrants, including the “Fair Market Value” (as such term is defined in subsection 3.3.1(b) Section 7.4 hereof) in such case. On and after the Redemption Date or the Alterative Redemption Price, as applicableDate, the record holder of the Warrants shall have no further rights except to receive, upon surrender of the Warrants, the Redemption Price or the Alterative Redemption Price, as applicable.
Appears in 1 contract
Exercise After Notice of Redemption. The Warrants may be exercised, for cash (or on a “cashless basis” in accordance with subsection 3.3.1(b) of this Agreement) at any time after notice of redemption pursuant to Section 6.1 shall have been given by the Company pursuant to Section 6.3 6.2 hereof and prior to the Redemption Date or the Alternative Redemption Date. In the event that the Company determines to require all holders of Warrants to exercise their Warrants on a “cashless basis” pursuant to subsection 3.3.1, the notice of redemption shall contain the information necessary to calculate the number of shares of Common Stock Ordinary Shares to be received upon exercise of the Warrants, including the “Fair Market Value” (as such term is defined in subsection 3.3.1(b) hereof) in such case. On and after the Redemption Date or the Alterative Redemption Price, as applicableDate, the record holder of the Warrants shall have no further rights except to receive, upon surrender of the Warrants, the Redemption Price or the Alterative Redemption Price, as applicable.
Appears in 1 contract
Exercise After Notice of Redemption. The Purchase Warrants may be exercised, for cash (or on a “cashless basis” in accordance with subsection 3.3.1(b) Section 2.2 of this AgreementPurchase Warrant) at any time after notice of redemption shall have been given by the Company pursuant to Section 6.3 6.2 hereof and prior to the Redemption Date or the Alternative Redemption Date. In the event that the Company determines to require all holders Holders of Purchase Warrants to exercise their Purchase Warrants on a “cashless basis” pursuant to subsection 3.3.1Section 2.2, the notice of redemption shall contain the information necessary to calculate the number of shares of Common Stock to be received upon exercise of the Purchase Warrants, including the “Fair Market Value” Value (as such term is defined in subsection 3.3.1(b) Section 2.2 hereof) in such case. On and after the Redemption Date or the Alterative Redemption Price, as applicableDate, the record holder of the Purchase Warrants shall have no further rights except to receive, upon surrender of the Purchase Warrants, the Redemption Price or the Alterative Redemption Price, as applicable.
Appears in 1 contract
Exercise After Notice of Redemption. The Warrants may be exercised, for cash (or on a “cashless basis” in accordance with subsection 3.3.1(b) of this Agreement, as applicable) at any time after notice of redemption shall have been given by the Company pursuant to Section 6.3 6.2 hereof and prior to the Redemption Date or the Alternative Redemption Date. In the event that the Company determines to require all holders of Warrants to exercise their Warrants on a “cashless basis” pursuant to subsection 3.3.13.3.1(b), the notice of redemption shall contain the information necessary to calculate the number of shares of Common Stock Class A Ordinary Shares to be received upon exercise of the Warrants, including the “Fair Market Value” (as such term is defined in subsection 3.3.1(b) hereof) in such case. On and after the Redemption Date or the Alterative Redemption Price, as applicableDate, the record holder of the Warrants shall have no further rights except to receive, upon surrender of the Warrants, the Redemption Price or the Alterative Redemption Price, as applicable.
Appears in 1 contract
Exercise After Notice of Redemption. The New Accel Warrants may be exercised, for cash (or on a “cashless basis” in accordance with subsection 3.3.1(b) of this Agreement) at any time after notice of redemption shall have been given by the Company pursuant to Section 6.3 hereof and prior to the Redemption Date or the Alternative Redemption Date. In the event that the Company determines to require all holders of Warrants to exercise their Warrants on a “cashless basis” pursuant to subsection 3.3.1, the notice of redemption shall contain the information necessary to calculate the number of shares of Common Class A-1 Stock to be received upon exercise of the New Accel Warrants, including the “Fair Market Value” (as such term is defined in subsection 3.3.1(b) hereof) in such case. On and after the Redemption Date or the Alterative Redemption Price, as applicableDate, the record holder of the New Accel Warrants shall have no further rights except to receive, upon surrender of the New Accel Warrants, the Redemption Price or the Alterative Alternative Redemption Price, as applicable.
Appears in 1 contract