Common use of Notices of Changes in Warrant Clause in Contracts

Notices of Changes in Warrant. Upon every adjustment of the Warrant Price or the Warrant Entitlement under Section 4, the Company shall give written notice thereof to the Warrant Agent, which notice shall state the Warrant Price resulting from such adjustment and the increase or decrease, if any, in the Warrant Entitlement, setting forth in reasonable detail the method of calculation and the facts upon which such calculation is based. Subject to the procedures in Section 4.8 (as applicable), the Company shall be responsible for any adjustments made to the Warrant Price or Warrant Entitlement. Upon the occurrence of any event specified in Sections 4.1, 4.2, 4.3, 4.4 or 4.8, the Company shall give written notice of the occurrence of such event to each holder of a Warrant, at the last address set forth for such holder in the Warrant Register, of the record date or the effective date of the event. Failure to give such notice, or any defect therein, shall not affect the legality or validity of such event.

Appears in 7 contracts

Samples: Warrant Agreement (ProFrac Holding Corp.), Warrant Agreement (ProFrac Holding Corp.), Warrant Agreement (U.S. Well Services, Inc.)

AutoNDA by SimpleDocs

Notices of Changes in Warrant. Upon every adjustment of the Warrant Exercise Price or the Warrant Entitlement under Section 4number of shares issuable upon exercise of a Warrant, the Company shall give written notice thereof to the Warrant Agent, which notice shall state the Warrant Exercise Price resulting from such adjustment and the increase or decrease, if any, in the Warrant Entitlementnumber of shares purchasable at such price upon the exercise of a Warrant, setting forth in reasonable detail the method of calculation and the facts upon which such calculation is based. Subject to the procedures in Section 4.8 (as applicable), the Company shall be responsible for any adjustments made to the Warrant Price or Warrant Entitlement. Upon the occurrence of any event specified in Sections 4.1, 4.2, 4.34.3 and 4.4, 4.4 or 4.8then, in any such event, the Company shall give written notice of the occurrence of such event to each holder of a WarrantWarrant holder, at the last address set forth for such holder in the Warrant Register, of the record date or the effective date of the event, and, upon written request, provide such holder with a copy of the notice provided to the Warrant Agent. Failure to give such notice, or any defect therein, shall not affect the legality or validity of such event.

Appears in 4 contracts

Samples: Class a Warrant Agreement (Aastrom Biosciences Inc), Warrant Agreement (Aastrom Biosciences Inc), Warrant Agreement (Aastrom Biosciences Inc)

Notices of Changes in Warrant. Upon every adjustment of the Warrant Price or the Warrant Entitlement under Section 4number of Pubco Common Shares issuable upon exercise of a Warrant, the Company Pubco shall give written notice thereof to the Warrant AgentRegistered Holders as soon as reasonably practicable thereafter, which notice shall state the Warrant Price resulting from such adjustment and the increase or decrease, if any, in the Warrant Entitlementnumber of Pubco Common Shares purchasable at such price upon the exercise of a Warrant, setting forth in reasonable detail the method of calculation and the facts upon which such calculation is based. Subject to the procedures in Section 4.8 (as applicable), the Company shall be responsible for any adjustments made to the Warrant Price or Warrant Entitlement. Upon the occurrence of any event specified in Sections Parts 4.1, 4.2, 4.34.3 and 4.4, 4.4 or 4.8, the Company Pubco shall give written notice of the occurrence of such event to each holder of a WarrantWarrant as soon as reasonably practicable thereafter, at the last address set forth for such holder in the Warrant Register, of the record date or the effective date of the event. Failure to give such notice, or any defect therein, shall not affect the legality or validity of such eventevent unless there has been material prejudice to the Warrantholder as a result of failure to give such notice, or any defect therein.

Appears in 2 contracts

Samples: Novation, Assumption and Amendment Agreement (Zapp Electric Vehicles Group LTD), Novation, Assumption and Amendment Agreement (Zapp Electric Vehicles Group LTD)

Notices of Changes in Warrant. Upon every adjustment of the Warrant Price or the Warrant Entitlement under Section 4number of PubCo Shares issuable upon exercise of a Warrant, the Company PubCo shall give written notice thereof to the Warrant AgentRegistered Holders as soon as reasonably practicable thereafter, which notice shall state the Warrant Price resulting from such adjustment and the increase or decrease, if any, in the Warrant Entitlementnumber of PubCo Shares purchasable at such price upon the exercise of a Warrant, setting forth in reasonable detail the method of calculation and the facts upon which such calculation is based. Subject to the procedures in Section 4.8 (as applicable), the Company shall be responsible for any adjustments made to the Warrant Price or Warrant Entitlement. Upon the occurrence of any event specified in Sections Parts 4.1, 4.2, 4.34.3 and 4.4, 4.4 or 4.8, the Company PubCo shall give written notice of the occurrence of such event to each holder of a WarrantWarrant as soon as reasonably practicable thereafter, at the last address set forth for such holder in the Warrant Register, of the record date or the effective date of the event. Failure to give such notice, or any defect therein, shall not affect the legality or validity of such eventevent unless there has been material prejudice to the Warrantholder as a result of failure to give such notice, or any defect therein.

Appears in 2 contracts

Samples: Novation, Assumption and Amendment Agreement (PropertyGuru Group LTD), Novation, Assumption and Amendment Agreement (Bridgetown 2 Holdings LTD)

Notices of Changes in Warrant. Upon every adjustment of the Warrant Price or the number of shares issuable on exercise of a Class A Public Warrant Entitlement under Section 4or Underwriter’s Warrant, the Company shall give written notice thereof to the Warrant Agent, which notice shall state the Warrant Price resulting from such adjustment and the increase or decrease, if any, in the number of shares purchasable at such price upon the exercise of a Class A Public Warrant Entitlementor Underwriter’s Warrant, setting forth in reasonable detail the method of calculation and the facts upon which such calculation is based. Subject to the procedures in Section 4.8 (as applicable), the Company shall be responsible for any adjustments made to the Warrant Price or Warrant Entitlement. Upon the occurrence of any event specified in Sections 4.1, 4.2, 4.34.3 or 4.4, 4.4 or 4.8then, in any such event, the Company shall give written notice of to the occurrence of such event to each holder of a Warrantapplicable Warrant holders, at the last address set forth for such holder in the Warrant Register, of the record date or the effective date of the event. Failure to give such notice, or any defect therein, shall not affect the legality or validity of such event.

Appears in 2 contracts

Samples: Warrant Agreement (China Growth Alliance LTD), Warrant Agreement (China Growth Alliance LTD)

AutoNDA by SimpleDocs

Notices of Changes in Warrant. Upon every adjustment of the Warrant Price Price, the Trigger Price, the Trigger Volume or the Warrant Entitlement under Section 4number of shares issuable upon exercise of a Warrant, the Company shall give written notice thereof to the Warrant Agent, which notice shall state the Warrant Price, Trigger Price and Trigger Volume resulting from such adjustment and the increase or decrease, if any, in the Warrant Entitlementnumber of shares purchasable at such price upon the exercise of a Warrant, setting forth in reasonable detail the method of calculation and the facts upon which such calculation is based. Subject to the procedures in Section 4.8 (as applicable), the Company shall be responsible for any adjustments made to the Warrant Price or Warrant Entitlement. Upon the occurrence of any event specified in Sections 4.1, 4.2, 4.3, 4.4 or 4.84.5, the Company shall give written notice of the occurrence of such event to each holder of a Warrantregistered holder, at the last address set forth for such registered holder in the Warrant Register, of the record date or the effective date of the event. Failure to give such notice, or any defect therein, shall not affect the legality or validity of such event.

Appears in 1 contract

Samples: Warrant Agreement (Red Mountain Resources, Inc.)

Notices of Changes in Warrant. Upon every ----------------------------- adjustment of the Warrant Price or the Warrant Entitlement under Section 4number of Common Shares issuable upon exercise of a Warrant, the Company shall give written notice thereof to the Warrant Agent, which notice shall state the Warrant Price resulting from such adjustment and the increase or decrease, if any, in the Warrant Entitlementnumber of Common Shares purchasable at such price upon the exercise of a Warrant, setting forth in reasonable detail the method of calculation and the facts upon which such calculation is based. Subject to the procedures in Section 4.8 (as applicable), the Company shall be responsible for any adjustments made to the Warrant Price or Warrant Entitlement. Upon the occurrence of any event specified in Sections 4.1, 4.2, 4.34.3 or 4.4, 4.4 or 4.8then, in any such event, the Company shall give written notice of to the occurrence of such event to each holder of a WarrantWarrant holder, at the last address set forth for such holder in the Warrant Register, of the record date or the effective date of the event. Failure to give such notice, or any defect therein, shall not affect the legality or validity of such event.

Appears in 1 contract

Samples: Warrant Deed (FutureFuel Corp.)

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