Common use of Payment of Redemption Price Clause in Contracts

Payment of Redemption Price. The Warrant Agent shall pay to the holders of record of redeemed Warrants all amounts received by the Warrant Agent for the redemption of warrants to which the holders of record of such redeemed Warrants who shall have surrendered their Warrants are entitled. Any amounts deposited by the Company with the Warrant Agent to pay the Redemption Price for all Warrants called for redemption that are not required for redemption of Warrants may be withdrawn by the Company. Any amounts deposited by the Company with the Warrant Agent to pay the Redemption Price for all Warrants called for redemption that shall be unclaimed six months after the Redemption Date may be withdrawn by the Company, and thereafter the holders of the Warrants called for redemption for which such funds were deposited shall look solely to the Company for payment. The Company shall be entitled to the interest, if any, on funds deposited with the Warrant Agent, and the Warrant Holders of redeemed Warrants shall have no right to any such interest.

Payment of Redemption Price. The Warrant Paying Agent shall pay to the holders of record of redeemed Warrants all amounts received by the Warrant Paying Agent for the redemption of warrants Warrants to which the holders of record of such redeemed Warrants who shall have surrendered their Warrants are entitled. Any amounts deposited by the Company with the Warrant Paying Agent to pay the Redemption Price for all Warrants called for redemption that are not required for redemption of Warrants may be withdrawn by the Company. Any amounts deposited by the Company with the Warrant Paying Agent to pay the Redemption Price for all Warrants called for redemption that shall be unclaimed six months after the Redemption Date may be withdrawn by the Company, and thereafter the holders of the Warrants called for redemption for which such funds were deposited shall look solely to the Company for payment. The Company shall be entitled to the interest, if any, on funds deposited with the Warrant Paying Agent, and the Warrant Holders Warrantholders of redeemed Warrants shall have no right to any such interest.