No Changes to Terms of Private Placement Warrants or Working Capital Warrants Sample Clauses
The 'No Changes to Terms of Private Placement Warrants or Working Capital Warrants' clause prohibits any modifications to the terms and conditions governing private placement warrants or working capital warrants after they have been issued. In practice, this means that the rights, obligations, and features of these specific warrants—such as exercise price, expiration date, or transfer restrictions—cannot be altered by the company or any other party. This clause ensures that investors who hold these warrants can rely on the original terms, thereby protecting their interests and preventing unexpected changes that could affect the value or utility of their warrants.
No Changes to Terms of Private Placement Warrants or Working Capital Warrants. For the avoidance of doubt, in the event of any transfer, assignment or sale of the Private Placement Warrants or Working Capital Warrants, the terms of the Private Placement Warrants or Working Capital Warrants, as the case may be, shall remain the same irrespective of the holder thereof.
