Common use of Insider Warrants Clause in Contracts

Insider Warrants. The Insider Warrants will be issued in the same form as the Public Warrants but they (i) will not be transferable or salable (subject to certain limited exceptions) until the Company completes a Business Combination, (ii) will be exercisable on a cashless basis and may not be called for redemption pursuant to Section 6 hereof, in each case so long as they are held by the Insiders or their permitted transferees and (iii) may be exercised for unregistered shares if a registration statement relating to the common stock issuable upon exercise of the warrants is not effective and current.

Insider Warrants. The Insider Warrants will be issued in the same form as the Public Warrants but they (i) will not be transferable or salable (subject to certain limited exceptions) until the Company completes a Business Combinationbusiness combination, (ii) will be exercisable on a cashless basis and may not be called by the Insider or its affiliates if the Company calls the Public Warrants for redemption pursuant to Section 6 hereof, in each case so long as they are held by the Insiders or their permitted transferees hereof and (iii) may be exercised for unregistered shares if a registration statement relating to the common stock issuable upon exercise of the warrants is not effective and current.

Insider Warrants. The Insider Warrants will be issued in the same form as the Public Warrants but they (i) will not be transferable or salable (subject to certain limited exceptions) until the Company completes a Business Combinationbusiness combination, (ii) will be exercisable on a cashless basis and may not be called by the Insiders or their affiliates if the Company calls the Public Warrants for redemption pursuant to Section 6 hereof, in each case so long as they are held by the Insiders or their permitted transferees hereof and (iii) may be exercised for unregistered shares if a registration statement relating to the common stock issuable upon exercise of the warrants is not effective and current.

Insider Warrants. The Insider Warrants will be issued in the same form as the Public Warrants but they (i) will not be transferable or salable (subject to certain limited exceptions) saleable until the date on which the Company completes a Business Combinationbusiness combination, (ii) will be exercisable on a cashless basis and may not be called if we call the Warrants for redemption pursuant to Section 6 hereof, in each case so long as they are still held by the Insiders or their permitted transferees affiliates and (iii) may be exercised for unregistered shares if a registration statement relating to the common stock issuable upon exercise of the warrants is not effective and current.