Common use of Placement Warrants; Loan Warrants Clause in Contracts

Placement Warrants; Loan Warrants. 2.6.1 The Placement Warrants and the Loan Warrants shall be identical to the Public Warrants, except that so long as they are held by the Sponsor or any of their Permitted Transferees (as defined below) the Placement Warrants and the Loan Warrants: (i) may be exercised for cash or on a “cashless basis,” pursuant to subsection 3.3.1(c) hereof, (ii) including the Class A ordinary shares issuable upon exercise of the Placement Warrants and the Loan Warrants, may not be transferred, assigned or sold until thirty (30) days after the completion by the Company of an initial Business Combination, (iii) shall not be redeemable by the Company pursuant to Section 6.1 hereof and (iv) shall only be redeemable by the Company pursuant to Section 6.2 if the Reference Value (as defined below) is less than $18.00 per share (subject to adjustment in compliance with Section 4 hereof); provided, however, that in the case of clause (ii), the Placement Warrants and the Loan Warrants and any Class A ordinary shares held by the Sponsor or any of their Permitted Transferees that are issued upon exercise of the Placement Warrants and the Loan Warrants may be transferred by the holders thereof:

Appears in 5 contracts

Samples: Warrant Agreement (New Starship Parent, Inc.), Warrant Agreement (Sports Ventures Acquisition Corp.), Warrant Agreement (Sports Ventures Acquisition Corp.)

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Placement Warrants; Loan Warrants. 2.6.1 The Placement Warrants and the Loan Warrants shall be identical to the Public Warrants, except that so long as they are held by the Sponsor Sponsor, I-Bankers or any of their Permitted Transferees (as defined below) ), the Placement Warrants and the Loan Warrants: (i) may be exercised for cash or on a “cashless basis,” pursuant to subsection 3.3.1(c) hereof, (ii) including the Class A ordinary shares issuable upon exercise of the Placement Warrants and the Loan Warrants, may not be transferred, assigned or sold until thirty (30) days after the completion by the Company of an initial Business Combination, Combination and (iii) shall not be redeemable by the Company pursuant to Section 6.1 hereof and (iv) shall only be redeemable by the Company pursuant to Section 6.2 if the Reference Value (as defined below) is less than $18.00 per share (subject to adjustment in compliance with Section 4 hereof); provided, however, that in the case of clause (ii), the Placement Warrants and the Loan Warrants and any Class A ordinary shares held by the Sponsor or any of their Permitted Transferees that are issued upon exercise of the Placement Warrants and the Loan Warrants may be transferred by the holders thereof:

Appears in 4 contracts

Samples: Warrant Agreement (Global SPAC Partners Co,), Warrant Agreement (Global SPAC Partners Co,), Warrant Agreement (Global SPAC Partners Co,)

Placement Warrants; Loan Warrants. 2.6.1 2.3.1 The Placement Warrants and the Loan Warrants shall be identical to the Public Warrants, except that so long as they are held by the Sponsor or any of their Permitted Transferees (as defined below) the Placement Warrants and the Loan Warrants: (i) may be exercised for cash or on a “cashless basis,” pursuant to subsection 3.3.1(c) hereof, (ii) including the Class A ordinary shares issuable upon exercise of the Placement Warrants and the Loan Warrants, may not be transferred, assigned or sold until thirty (30) days after the completion by the Company of an initial Business Combination, (iii) shall not be redeemable by the Company pursuant to Section 6.1 hereof and (iv) shall only be redeemable by the Company pursuant to Section 6.2 if the Reference Value (as defined below) is less than $18.00 per share (subject to adjustment in compliance with Section 4 hereof); provided, however, that in the case of clause (ii), the Placement Warrants and the Loan Warrants and any Class A ordinary shares held by the Sponsor or any of their Permitted Transferees that are issued upon exercise of the Placement Warrants and the Loan Warrants may be transferred by the holders thereof:

Appears in 4 contracts

Samples: Warrant Agreement (Newcourt Acquisition Corp), Warrant Agreement (Newcourt Acquisition Corp), Warrant Agreement (Newcourt Acquisition Corp)

Placement Warrants; Loan Warrants. 2.6.1 The Placement Warrants and the Loan Warrants shall be identical to the Public Warrants, except that so long as they are held by the Sponsor Sponsor, Cantor or any of their Permitted Transferees (as defined below) the Placement Warrants and the Loan Warrants: (i) may be exercised for cash or on a “cashless basis,” pursuant to subsection 3.3.1(c) hereof, (ii) including the Class A ordinary shares Common Stock issuable upon exercise of the Placement Warrants and the Loan Warrants, may not be transferred, assigned or sold until thirty (30) days after the completion by the Company of an initial Business Combination, (iii) shall not be redeemable by the Company pursuant to Section 6.1 hereof and (iv) shall only be redeemable by the Company pursuant to Section 6.2 if the Reference Value (as defined below) is less than $18.00 per share (subject to adjustment in compliance with Section 4 hereof); provided, however, that in the case of clause (ii), the Placement Warrants and the Loan Warrants and any Class A ordinary shares Common Stock held by the Sponsor Sponsor, Cantor or any of their Permitted Transferees that are issued upon exercise of the Placement Warrants and the Loan Warrants may be transferred by the holders thereof:

Appears in 2 contracts

Samples: Warrant Agreement (Fintech Acquisition Corp Vi), Warrant Agreement (Fintech Acquisition Corp Vi)

Placement Warrants; Loan Warrants. 2.6.1 The Placement Warrants and the Loan Warrants shall be identical to the Public Warrants, except that so long as they are held by the Sponsor Sponsor, Cantor or any of their Permitted Transferees (as defined below) the Placement Warrants and the Loan Warrants: (i) may be exercised for cash or on a “cashless basis,” pursuant to subsection 3.3.1(c) hereof, (ii) including the Class A ordinary shares issuable upon exercise of the Placement Warrants and the Loan Warrants, may not be transferred, assigned or sold until thirty (30) days after the completion by the Company of an initial Business Combination, (iii) shall not be redeemable by the Company pursuant to Section 6.1 hereof and (iv) shall only be redeemable by the Company pursuant to Section 6.2 if the Reference Value (as defined below) is less than $18.00 per share (subject to adjustment in compliance with Section 4 hereof); provided, however, that in the case of clause (ii), the Placement Warrants and the Loan Warrants and any Class A ordinary shares held by the Sponsor Sponsor, Cantor or any of their Permitted Transferees that are issued upon exercise of the Placement Warrants and the Loan Warrants may be transferred by the holders thereof:

Appears in 2 contracts

Samples: Warrant Agreement (FTAC Athena Acquisition Corp.), Warrant Agreement (FTAC Athena Acquisition Corp.)

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Placement Warrants; Loan Warrants. 2.6.1 The Placement Warrants and the Loan Warrants shall be identical to the Public Warrants, except that so long as they are held by the Sponsor Sponsor, Millennium or any of their Permitted Transferees (as defined below) the Placement Warrants and the Loan Warrants: (i) may be exercised for cash or on a “cashless basis,” pursuant to subsection 3.3.1(c) hereof, (ii) including the Class A ordinary shares issuable upon exercise of the Placement Warrants and the Loan Warrants, may not be transferred, assigned or sold until thirty (30) days after the completion by the Company of an initial Business Combination, (iii) shall not be redeemable by the Company pursuant to Section 6.1 hereof and (iv) shall only be redeemable by the Company pursuant to Section 6.2 if the Reference Value (as defined below) is less than $18.00 per share (subject to adjustment in compliance with Section 4 hereof); provided, however, that in the case of clause (ii), the Placement Warrants and the Loan Warrants and any Class A ordinary shares held by the Sponsor Sponsor, Millennium or any of their Permitted Transferees that are issued upon exercise of the Placement Warrants and the Loan Warrants may be transferred by the holders thereof:

Appears in 2 contracts

Samples: Warrant Agreement (FTAC Hera Acquisition Corp.), Warrant Agreement (FTAC Hera Acquisition Corp.)

Placement Warrants; Loan Warrants. 2.6.1 The Placement Warrants and the Loan Warrants shall be identical to the Public Warrants, except that so long as they are held by the Sponsor Sponsor, Millennium or any of their Permitted Transferees (as defined below) the Placement Warrants and the Loan Warrants: (i) may be exercised for cash or on a “cashless basis,” pursuant to subsection 3.3.1(c) hereof, (ii) including the Class A ordinary shares Common Stock issuable upon exercise of the Placement Warrants and the Loan Warrants, may not be transferred, assigned or sold until thirty (30) days after the completion by the Company of an initial Business Combination, (iii) shall not be redeemable by the Company pursuant to Section 6.1 hereof and (iv) shall only be redeemable by the Company pursuant to Section 6.2 if the Reference Value (as defined below) is less than $18.00 per share (subject to adjustment in compliance with Section 4 hereof); provided, however, that in the case of clause (ii), the Placement Warrants and the Loan Warrants and any Class A ordinary shares Common Stock held by the Sponsor Sponsor, Millennium or any of their Permitted Transferees that are issued upon exercise of the Placement Warrants and the Loan Warrants may be transferred by the holders thereof:

Appears in 1 contract

Samples: Warrant Agreement (Ftac Zeus Acquisition Corp.)

Placement Warrants; Loan Warrants. 2.6.1 The Placement Warrants and the Loan Warrants shall be identical to the Public Warrants, except that so long as they are held by the Sponsor or any of their its Permitted Transferees (as defined below) the Placement Warrants and the Loan Warrants: (i) may be exercised for cash or on a “cashless basis,” pursuant to subsection 3.3.1(c) hereof, (ii) including the Class A ordinary shares Common Stock issuable upon exercise of the Placement Warrants and the Loan Warrants, may not be transferred, assigned or sold until thirty (30) days after the completion by the Company of an initial Business Combination, (iii) shall not be redeemable by the Company pursuant to Section 6.1 hereof and (iv) shall only be redeemable by the Company pursuant to Section 6.2 if the Reference Value (as defined below) is less than $18.00 per share (subject to adjustment in compliance with Section 4 hereof); provided, however, that in the case of clause (ii), the Placement Warrants and the Loan Warrants and any Class A ordinary shares Common Stock held by the Sponsor or any of their its Permitted Transferees that are issued upon exercise of the Placement Warrants and the Loan Warrants may be transferred by the holders thereof:

Appears in 1 contract

Samples: Warrant Agreement (Emerald ESG Acquisition Corp)

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