Common use of Forward Purchase Warrants Clause in Contracts

Forward Purchase Warrants. The Forward Purchase Warrants shall be subject to the transfer restrictions set forth in this Agreement and the Letter Agreement, and shall have registration rights as set forth in the Registration Rights Agreement. Upon the earlier of (i) the effectiveness of a registration statement covering the resale of the Forward Purchase Warrants and the shares of Class A common stock issuable upon the exercise thereof or (ii) the date on which all of the Forward Purchase Warrants and the shares of Class A common stock issuable upon the exercise thereof can be publicly sold without restriction or limitation under Rule 144 of the Securities Act, the Forward Purchase Warrants will become fully fungible with the Redeemable Warrants, and will have the same CUSIP number and be tradable under the same stock symbol as the Redeemable Warrants. Except as otherwise provided in this Agreement, the Letter Agreement (with respect to certain transfer restrictions) and the Registration Rights Agreement (with respect to certain registration rights), as applicable, the Forward Purchase Warrants, once issued, will be identical to the Redeemable Warrants in all respects.

Appears in 2 contracts

Samples: Warrant Agreement (Pershing Square Tontine Holdings, Ltd.), Warrant Agreement (Pershing Square Tontine Holdings, Ltd.)

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Forward Purchase Warrants. The Forward Purchase Warrants shall be subject to the transfer restrictions set forth in this Agreement and the Letter Forward Purchase Agreement, and shall have registration rights as set forth in the Registration Rights Agreement. Upon the earlier of (i) the effectiveness of a registration statement covering the resale of the Forward Purchase Warrants and the shares of Class A common stock Ordinary Shares issuable upon the exercise thereof or (ii) the date on which all of the Forward Purchase Warrants and the shares of Class A common Ordinary Shares stock issuable upon the exercise thereof can be publicly sold without restriction or limitation under Rule 144 of the Securities Act, the Forward Purchase Warrants will become fully fungible with the Redeemable Warrants, and will have the same CUSIP number and be tradable under the same stock symbol as the Redeemable Warrants. Except as otherwise provided in this Agreement, the Letter Forward Purchase Agreement (with respect to certain transfer restrictions) and the Registration Rights Agreement (with respect to certain registration rights), as applicable, the Forward Purchase Warrants, once issued, will be identical to the Redeemable Warrants in all respects.

Appears in 2 contracts

Samples: Warrant Agreement (Medicus Sciences Acquisition Corp.), Warrant Agreement (Medicus Sciences Acquisition Corp.)

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