Common use of Fractional Warrants Clause in Contracts

Fractional Warrants. The Company shall not issue fractional Warrants. If, upon the detachment of Public Warrants from Units or otherwise, a holder of Warrants would be entitled to receive a fractional Warrant, the Company shall round down to the nearest whole number of Warrants to be issued to such holder.

Appears in 2 contracts

Samples: Warrant Agreement (Graf Industrial Corp.), Warrant Agreement (Graf Industrial Corp.)

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Fractional Warrants. The Other than in connection with the Domestication, the Company shall not issue fractional Warrants. If, upon the detachment of Public Warrants from Units or otherwise, If a holder of Warrants would be entitled to receive a fractional Warrant, the Company shall round down to the nearest whole number the number of Warrants to be issued to such holder.

Appears in 2 contracts

Samples: Warrant Agreement (Proterra Inc), Warrant Agreement (Blue Owl Capital Inc.)

Fractional Warrants. The Company shall not issue fractional Warrants. If, upon the detachment of Public Warrants from Units or otherwise, If a holder of Warrants would be entitled to receive a fractional Warrant, the Company shall round down to the nearest whole number of Warrants to be issued to such holder.

Appears in 2 contracts

Samples: Warrant Assignment, Assumption and Amendment Agreement (SK Growth Opportunities Corp), Warrant Assignment, Assumption and Amended & Restated Agreement (REE Automotive Ltd.)

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Fractional Warrants. The Company shall not issue fractional Warrants. If, upon the detachment of Public Warrants from Units or otherwise, If a holder of Warrants would be entitled to receive a fractional Warrant, the Company shall round down up or down, as applicable, to the nearest whole number the number of Warrants to be issued to such holder.

Appears in 1 contract

Samples: Warrant Agreement (Tritium DCFC LTD)

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