Common use of Holder and Beneficial Owner of Warrant May Enforce Rights Clause in Contracts

Holder and Beneficial Owner of Warrant May Enforce Rights. Notwithstanding any of the provisions of this Agreement, any Holder or any Beneficial Owner of any Warrant, without the consent of the Warrant Agent or, in the case of a Beneficial Owner, the consent of the Holder of any Warrant, may, on such Holder’s or Beneficial Owner’s own behalf and for his, her or its own benefit, enforce, and may institute and maintain any suit, action or proceeding against the Company to enforce, or otherwise in respect of, such Holder’s or Beneficial Owner’s right to exercise the Warrants evidenced by any Warrant Certificate in the manner provided in this Agreement and such Warrant Certificate.

Appears in 9 contracts

Samples: Common Stock Warrant Agreement (Healthcare Acquisition Partners Corp.), Common Stock Warrant Agreement (Marathon Acquisition Corp.), Common Stock Warrant Agreement (Global Ship Lease, Inc.)

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Holder and Beneficial Owner of Warrant May Enforce Rights. Notwithstanding any of the provisions of this Agreement, any Holder or any Beneficial Owner of any Warrant, without the consent of the Warrant Agent or, in the case of a Beneficial Owner, the consent of the Holder of any Warrant, may, on such Holder’s 's or Beneficial Owner’s 's own behalf and for his, her or its own benefit, enforce, and may institute and maintain any suit, action or proceeding against the Company to enforce, or otherwise in respect of, such Holder’s 's or Beneficial Owner’s 's right to exercise the Warrants evidenced by any Warrant Certificate in the manner provided in this Agreement and such Warrant Certificate.

Appears in 1 contract

Samples: Warrant Agreement (Thurman International Ltd.)

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