Common use of Mechanics of Cashless Exercise Clause in Contracts

Mechanics of Cashless Exercise. The Conversion Right may be exercised by a Registered Holder during the Exercise Period by surrendering the Warrant with the duly executed exercise form attached thereto with the cashless exercise section completed to the Warrant Agent, exercising the Conversion Right and specifying the total number of shares of Common Stock the Registered Holder will purchase pursuant to such Conversion Right; provided that any holder that holds Warrants in a brokerage account shall follow the procedures of such holder’s broker and the Depository Trust Company in order to exercise the Conversion Right.

Appears in 6 contracts

Samples: Warrant Agreement (K Road Acquisition CORP), Warrant Agreement (K Road Acquisition CORP), Warrant Agreement (Heckmann CORP)

AutoNDA by SimpleDocs

Mechanics of Cashless Exercise. The Upon exercise of the Conversion Right may be exercised by a Registered Holder the Company during the Exercise Period by surrendering the Warrant with the duly executed exercise form attached thereto with the cashless exercise section completed Period, each Registered Holder will promptly surrender to the Warrant AgentAgent (i) the Warrant certificates evidencing the Warrants to be exercised and (ii) a properly completed and duly executed subscription form, exercising the Conversion Right and specifying the total number of shares of Common Stock the Registered Holder will purchase pursuant to such Conversion Rightpurchase; provided that any holder that holds Warrants in a brokerage account shall follow the procedures of such holder’s broker and the Depository Trust Company in order to exercise the Conversion Right.

Appears in 4 contracts

Samples: Warrant Agreement (Sidhu Special Purpose Capital Corp.), Sponsor Unit Purchase Agreement (Sidhu Special Purpose Capital Corp.), Warrant Agreement (Sidhu Special Purpose Capital Corp.)

Mechanics of Cashless Exercise. The Conversion Right may be exercised by a Registered Holder during the Exercise Period by surrendering the Warrant with the duly executed exercise form attached thereto with the cashless exercise section completed to the Warrant AgentAgent (i) the Warrant Certificates evidencing the Warrants to be exercised and (ii) a properly completed and duly executed Subscription Form, exercising the Conversion Right and specifying the total number of shares of Common Stock the Registered Holder will purchase pursuant to such Conversion Right; provided that any holder that holds Warrants in a brokerage account shall follow the procedures of such holder’s 's broker and the Depository Trust Company in order to exercise the Conversion Right.

Appears in 2 contracts

Samples: Warrant Agreement (Third Wave Acquisition CORP), Warrant Agreement (Third Wave Acquisition CORP)

Mechanics of Cashless Exercise. The Conversion Right may be exercised by a Registered Holder during the Exercise Period by surrendering the Warrant with the duly executed exercise form attached thereto with the cashless exercise section completed to the Warrant AgentAgent (i) the Warrant Certificates evidencing the Warrants to be exercised and (ii) a properly completed and duly executed Subscription Form, exercising the Conversion Right and specifying the total number of shares of Common Stock the Registered Holder will purchase pursuant to such Conversion Right; provided that any holder that holds Warrants in a brokerage account shall follow the procedures of such holder’s broker and the Depository Trust Company Depositary in order to exercise the Conversion Right.

Appears in 2 contracts

Samples: Warrant Agreement (Liberty Lane Acquisition Corp.), Warrant Agreement (CR Acquisition Corp.)

Mechanics of Cashless Exercise. The Conversion Right may be exercised by a Registered Holder during the Exercise Period by surrendering the Warrant with the duly executed exercise form attached thereto with the cashless exercise section completed to the Warrant Agent, exercising the Conversion Right and specifying the total number of shares of Common Stock the Registered Holder will purchase pursuant to such Conversion Right; provided provided, that any holder that holds Warrants in a brokerage account shall follow the procedures of such holder’s broker and the Depository Trust Company in order to exercise the Conversion Right.

Appears in 2 contracts

Samples: Warrant Agreement (Sapphire Industrials Corp.), Warrant Agreement (Sapphire Industrials Corp.)

AutoNDA by SimpleDocs

Mechanics of Cashless Exercise. The Conversion Right may be exercised by a Registered Holder registered holder during the Exercise Period by surrendering the Warrant with the duly executed exercise form attached thereto with the cashless exercise section completed to the Warrant Agent, exercising the Conversion Right and specifying the total number of shares of Common Stock the Registered Holder registered holder will purchase pursuant to such Conversion Right; provided that any holder that holds Warrants in a brokerage account shall follow the procedures of such holder’s broker and the Depository Trust Company in order to exercise the Conversion Right.

Appears in 1 contract

Samples: Warrant Agreement (JWL Partners Acquisition Corp.)

Mechanics of Cashless Exercise. The Conversion Right may be exercised by a Registered Holder registered holder during the Exercise Period by surrendering the Warrant with the duly executed exercise form attached thereto with the cashless exercise section completed to the Warrant AgentAgent (i) the warrant certificates evidencing the Private Warrants to be exercised and (ii) a properly completed and duly executed subscription form, exercising the Conversion Right and specifying the total number of shares of Common Stock the Registered Holder registered holder will purchase pursuant to such Conversion Right; provided that any holder that holds Private Warrants in a brokerage account shall follow the procedures of such holder’s broker and the Depository Trust Company in order to exercise the Conversion Right.

Appears in 1 contract

Samples: Warrant Agreement (Navios Maritime Acquisition CORP)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!