Common use of Redemption of Warrants for Cash Clause in Contracts

Redemption of Warrants for Cash. Subject to Section 6.4 hereof, not less than all of the outstanding Warrants may be redeemed, at the option of the Company, at any time while they are exercisable and prior to their expiration, at the office of the Warrant Agent, upon notice to the Registered Holders of the Warrants, as described in Section 6.2 below, at a Redemption Price of $0.01 per Warrant, provided that (a) the Reference Value equals or exceeds $18.00 per share (subject to adjustment in compliance with Section 4 hereof) and (b) there is an effective registration statement covering the issuance of the Ordinary Shares issuable upon exercise of the Warrants, and a current prospectus relating thereto, available throughout the 30-day Redemption Period (as defined in Section 6.2 below).

Appears in 5 contracts

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

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Redemption of Warrants for Cash. Subject to Section 6.4 6.5 hereof, not less than all of the outstanding Warrants may be redeemedredeemed (in whole and not in part), at the option of the Company, at any time while they are exercisable and prior to their expirationduring the Exercise Period, at the office of the Warrant Agent, upon notice to the Registered Holders of the Warrants, as described in Section 6.2 6.3 below, at a Redemption Price (as defined below) of $0.01 per Warrant, ; provided that (a) the Reference Value equals or exceeds $18.00 per share (subject to adjustment in compliance with Section 4 hereof) and (b) there is an effective registration statement covering the issuance of the Ordinary Shares issuable upon exercise of the Warrants, and a current prospectus relating thereto, available throughout the 30-day Redemption Period (as defined in Section 6.2 6.3 below).

Appears in 4 contracts

Samples: Warrant Agreement (ScION Tech Growth II), Warrant Agreement (ScION Tech Growth II), Warrant Agreement (ScION Tech Growth I)

Redemption of Warrants for Cash. Subject to Section 6.4 6.5 hereof, not less than all of the outstanding Warrants may be redeemed, at the option of the Company, at any time while they are exercisable and prior to their expirationduring the Exercise Period, at the office of the Warrant Agent, upon notice to the Registered Holders of the Warrants, as described in Section 6.2 6.3 below, at a Redemption Price of $0.01 per Warrant, provided that (a) the Reference Value (as defined below) equals or exceeds $18.00 per share (subject to adjustment in compliance with Section 4 hereof) and (b) there is an effective registration statement covering the issuance of the Ordinary Shares issuable upon exercise of the Warrants, and a current prospectus relating thereto, available throughout the 30-day Redemption Period (as defined in Section 6.2 6.3 below).

Appears in 3 contracts

Samples: Warrant Agreement (Constitution Acquisition Corp.), Warrant Agreement (Gefen Landa Acquisition Corp.), Warrant Agreement (Gefen Landa Acquisition Corp.)

Redemption of Warrants for Cash. Subject to Section 6.4 6.5 hereof, not less than all of the outstanding Warrants may be redeemed, at the option of the Company, at any time while they are exercisable and prior to their expiration, at the office of the Warrant Agent, upon notice to the Registered Holders of the Warrants, as described in Section 6.2 6.3 below, at a the Redemption Price of $0.01 per Warrant, provided that (a) the Reference Value equals or exceeds $18.00 per share (the “Redemption Trigger Price”; subject to adjustment in compliance with Section 4 hereof) and (b) there is an effective registration statement covering the issuance of the Ordinary Shares shares of Common Stock issuable upon exercise of the Warrants, and a current prospectus relating thereto, available throughout the 30-day Redemption Period (as defined in Section 6.2 6.3 below).

Appears in 3 contracts

Samples: Warrant Agreement (SilverBox Engaged Corp II), Warrant Agreement (Silverbox Engaged Merger Corp I), Warrant Agreement (Silverbox Engaged Merger Corp I)

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Redemption of Warrants for Cash. Subject to Section 6.4 6(e) hereof, not less than all of the outstanding Warrants may be redeemed, at the option of the Company, at any time while they are exercisable and prior to their expirationduring the Exercise Period, at the office of the Warrant Agent, upon notice to the Registered Holders of the Warrants, as described in Section 6.2 6(c) below, at a Redemption Price of $0.01 per Warrant, provided that (a) the Reference Value equals or exceeds $18.00 per share (subject to adjustment in compliance with Section 4 hereof) and (b) there is an effective registration statement covering the issuance of the Ordinary Shares issuable upon exercise of the Warrants, and a current prospectus relating thereto, available throughout the 30-day Redemption Period (as defined in Section 6.2 6(c) below).

Appears in 1 contract

Samples: Warrant Agreement (Velocity Merger Corp.)

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