Common use of Private Warrants Clause in Contracts

Private Warrants. The Private Warrants will be issued in the same form as the Public Warrants except that (i) they will be exercisable either for cash or on a cashless basis at the holder’s option pursuant to Section 3.3.1(c) and (ii) they will not be redeemable by the Company, in either case as long as the Private Warrants are held by the initial purchasers or any of their permitted transferees (as prescribed in Section 5.6 hereof).

Appears in 6 contracts

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

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Private Warrants. The Private Warrants will be issued in the same form as the Public Warrants except that (i) they will be exercisable either for cash or on a cashless basis pursuant to Section 3.3 but at the holder’s option pursuant to Section 3.3.1(c) and (ii) they will not be redeemable by the Company, in either case as long as the Private Warrants are held by the initial purchasers or any of their permitted transferees (as prescribed in Section 5.6 hereofthe Subscription Agreement).

Appears in 5 contracts

Samples: Warrant Agreement (M I Acquisitions, Inc.), Warrant Agreement (M I Acquisitions, Inc.), Warrant Agreement (M I Acquisitions, Inc.)

Private Warrants. The Private Warrants will be issued in the same form as the Public Warrants except that (i) they will be exercisable either for cash or on a cashless basis at the holder’s option pursuant to Section 3.3.1(c) 3.3.2 and (ii) they will not be redeemable by the Company, in either case as long as the Private Warrants are held by the initial purchasers or any of their permitted transferees (as prescribed in Section 5.6 hereofthe Subscription Agreement).

Appears in 3 contracts

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

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Private Warrants. The Private Warrants will be issued in the same form as the Public Warrants except that they (i) they will be exercisable either for cash or on a cashless basis at the holder’s option pursuant to Section 3.3.1(c) 3.3 hereof and (ii) they will not be redeemable by the Company, in either case as long as the Private Warrants are held by the initial purchasers or any of their permitted transferees (as prescribed in Section 5.6 hereofthe Subscription Agreements).

Appears in 2 contracts

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

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