Common use of Private Warrant and Working Capital Warrant Attributes Clause in Contracts

Private Warrant and Working Capital Warrant Attributes. The Private Warrants and Working Capital Warrants will be issued in the same form as the Public Warrants but they (i) will not be redeemable by the Company and (ii) may be exercised for cash or on a cashless basis at the holder’s option, in either case as long as they are held by the initial purchasers or their permitted transferees (as prescribed in Section 5.6 hereof). Once a Private Warrant or Working Capital Warrant is transferred to a holder other than an affiliate or permitted transferee, it shall be treated as a Public Warrant hereunder for all purposes.

Appears in 45 contracts

Samples: Warrant Agreement (Lightjump Acquisition Corp), Warrant Agreement (Innoviz Technologies Ltd.), Warrant Agreement (Lightjump Acquisition Corp)

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Private Warrant and Working Capital Warrant Attributes. The Private Warrants and Working Capital Warrants will be issued in the same form as identical to the Public Warrants, except that such Warrants but they (i) will not be redeemable by the Company and (ii) may be exercised for cash or on a cashless basis at the holder’s option, in either case as long as they are held by the initial purchasers or their permitted transferees Permitted Transferees (as prescribed defined in Section 5.6 hereof). Once a Private Warrant or Working Capital Warrant is transferred to a holder other than an affiliate or permitted transfereePermitted Transferee, it shall be treated as a Public Warrant hereunder for all purposes.

Appears in 8 contracts

Samples: Warrant Agreement (Algoma Steel Group Inc.), Warrant Agreement (Astrea Acquisition Corp.), Warrant Agreement (Ignyte Acquisition Corp.)

Private Warrant and Working Capital Warrant Attributes. The Private Warrants and Working Capital Warrants will be issued in the same form as the Public Warrants but they (i) will not be redeemable by the Company and (ii) may be exercised for cash or on a cashless basis at the holder’s option, in either case as long as they are held by the initial purchasers or their permitted transferees Permitted Transferees (as prescribed in Section 5.6 hereof). Once a Private Warrant or Working Capital Warrant is transferred to a holder other than an affiliate or permitted transfereePermitted Transferee, it shall be treated as a Public Warrant hereunder for all purposes.

Appears in 5 contracts

Samples: Warrant Agreement (Bite Acquisition Corp.), Warrant Agreement (Bite Acquisition Corp.), Warrant Agreement (DD3 Acquisition Corp. II)

Private Warrant and Working Capital Warrant Attributes. The Private Warrants and Working Capital Warrants will shall be issued in the same form as identical to the Public Warrants, except that such Warrants but they (i) will shall not be redeemable by the Company and (ii) may be exercised for cash or on a cashless basis at the holder’s option, in either case as long as they are held by the initial purchasers holders or their permitted transferees Permitted Transferees (as prescribed defined in Section 5.6 hereof). Once a Private Warrant or Working Capital Warrant is transferred to a holder other than an affiliate or permitted transfereea Permitted Transferee, it shall be treated as a Public Warrant hereunder for all purposes.

Appears in 5 contracts

Samples: Warrant Agreement (EdtechX Holdings Acquisition Corp. II), Warrant Agreement (EdtechX Holdings Acquisition Corp. II), Warrant Agreement (EdtechX Holdings Acquisition Corp. II)

Private Warrant and Working Capital Warrant Attributes. The Private Warrants and Working Capital Warrants will be issued in the same form as the Public Warrants but they (i) will not be redeemable by the Company and (ii) may be exercised for cash or on a cashless basis at the holder’s option, in either case as long as they are held by the initial purchasers Sponsor or their its permitted transferees (as prescribed in Section 5.6 hereof). Once a Private Warrant or Working Capital Warrant is transferred to a holder other than an affiliate or a permitted transferee, it shall be treated as a Public Warrant hereunder for all purposes.

Appears in 4 contracts

Samples: Warrant Agreement (PMV Consumer Acquisition Corp.), Warrant Agreement (PMV Consumer Acquisition Corp.), Warrant Agreement (LGL Systems Acquisition Corp.)

Private Warrant and Working Capital Warrant Attributes. The Private Warrants and Working Capital Warrants will be issued in the same form as the Public Warrants but they (i) will not be redeemable by the Company and (ii) may be exercised for cash or on a cashless basis at the holder’s option, in either case as long as they are held by the initial purchasers or their permitted transferees Permitted Transferees (as prescribed in Section 5.6 hereofdefined below). Once a Private Warrant or Working Capital Warrant is transferred to a holder other than an affiliate or permitted transfereePermitted Transferee, it shall be treated as a Public Warrant hereunder for all purposes.

Appears in 3 contracts

Samples: Warrant Agreement (Schultze Special Purpose Acquisition Corp.), Warrant Agreement (Schultze Special Purpose Acquisition Corp.), Warrant Agreement (Schultze Special Purpose Acquisition Corp.)

Private Warrant and Working Capital Warrant Attributes. The Private Warrants and Working Capital Warrants will be issued in the same form as the Public Warrants but they (i) will not be redeemable by the Company and (ii) may be exercised for cash or on a cashless basis at the holder’s option, in either case as long as they the Private Warrants and Working Capital Warrants are held by the initial purchasers or their affiliates and permitted transferees (as prescribed in Section 5.6 hereof). Once a Private Warrant or Working Capital Warrant is transferred to a holder other than an affiliate or permitted transferee, it shall be treated as a Public Warrant hereunder for all purposes.

Appears in 2 contracts

Samples: Warrant Agreement (Andina Acquisition Corp. III), Warrant Agreement (Andina Acquisition Corp. III)

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Private Warrant and Working Capital Warrant Attributes. The Private Warrants and Working Capital Warrants will be issued in the same form as identical to the Public Warrants, except that such Warrants but they (i) will not be redeemable by the Company and (ii) may be exercised for cash or on a cashless basis at the holder’s option, in either case as long as they are held by the initial purchasers or their permitted transferees Permitted Transferees (as prescribed defined in Section 5.6 hereof). Once a Private Warrant or Working Capital Warrant is transferred to a holder other than an affiliate or permitted transfereea Permitted Transferee, it shall be treated as a Public Warrant hereunder for all purposes.

Appears in 2 contracts

Samples: Warrant Agreement (Alpine Acquisition Corp.), Warrant Agreement (Alpine Acquisition Corp.)

Private Warrant and Working Capital Warrant Attributes. The Private Warrants and Working Capital Warrants will be issued in the same form as the Public Warrants but they (i) will not be redeemable by the Company and (ii) may be exercised for cash or on a cashless basis at the holder’s option, in either case as long as they are held by the initial purchasers holders or their permitted transferees (as prescribed in Section 5.6 hereof). Once a Private Warrant or Working Capital Warrant is transferred to a holder other than an affiliate or permitted transferee, it shall be treated as a Public Warrant hereunder for all purposes.

Appears in 2 contracts

Samples: Warrant Agreement (Northern Genesis Acquisition Corp.), Warrant Agreement (Northern Genesis Acquisition Corp.)

Private Warrant and Working Capital Warrant Attributes. The Private Warrants and Working Capital Warrants will be issued in the same form as the Public Warrants but they (i) will not be redeemable by the Company and (ii) may be exercised for cash or on a cashless basis basis, pursuant to Section 3.3.1(c) hereof, at the holder’s option, in either case as long as they are held by the initial purchasers or their permitted transferees Permitted Transferees (as prescribed in Section 5.6 hereof). Once a Private Warrant or Working Capital Warrant is transferred to a holder other than an affiliate or permitted transfereePermitted Transferee, it shall be treated as a Public Warrant hereunder for all purposes.

Appears in 1 contract

Samples: Warrant Agreement (DD3 Acquisition Corp. III)

Private Warrant and Working Capital Warrant Attributes. The Private Warrants and Working Capital Warrants will be issued in the same form as identical to the Public Warrants, except that such Warrants but they (i) in accordance with Section 6.4 hereof, will not be redeemable by the Company and (ii) may be exercised for cash or on a cashless basis at the holder’s option, in either case as long as they are held by the initial purchasers or their permitted transferees Permitted Transferees (as prescribed defined in Section 5.6 hereof). Once a Private Warrant or Working Capital Warrant is transferred to a holder other than an affiliate or permitted transfereePermitted Transferee, it shall be treated as a Public Warrant hereunder for all purposes.

Appears in 1 contract

Samples: Warrant Agreement (Ignyte Acquisition Corp.)

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