Terms of the Warrant. The Warrants shall be substantially identical to the warrants included in the units offered in the IPO as set forth in the Warrant Agreement, except the Warrants: (i) will be subject to the transfer restrictions described herein, (ii) are being purchased pursuant to an exemption from the registration requirements of the Securities Act and will become freely tradable only after certain conditions are met or the resale of the Warrants is registered under the Securities Act, (iii) will be non-redeemable so long as they are held by the Sponsors or any of their permitted transferees and (iv) are exercisable for cash or on a “cashless” basis if held by the Sponsors or any of their permitted transferees.
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Samples: Sponsors Warrants Purchase Agreement (Infinity Cross Border Acquisition Corp), Sponsors Warrants Purchase Agreement (Infinity Cross Border Acquisition Corp)
Terms of the Warrant. The Warrants shall be substantially identical to the warrants included in the units offered in the IPO as set forth in the Warrant AgreementAgreement to be entered into with a mutually agreeable warrant agent on or prior to the closing of the IPO, except the Warrants: (i) will be subject to the transfer restrictions described herein, (ii) are being purchased pursuant to an exemption from the registration requirements of the Securities Act and will become freely tradable only after certain conditions are met or the resale of the Warrants is registered under the Securities Act, (iii) will be non-redeemable so long as they are held by the Sponsors or any of their permitted transferees and (iv) are exercisable for cash or on a “cashless” basis if held by the Sponsors or any of their permitted transferees.
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Samples: Warrant Purchase Agreement (Infinity China 1 Acquisition Corp), Warrants Purchase Agreement (Infinity China 2 Acquisition Corp)
Terms of the Warrant. The Warrants shall be substantially identical to the warrants included in the units offered in the IPO as set forth in the Warrant AgreementAgreement to be entered into with a mutually agreeable warrant agent on or prior to the closing of the IPO, except the Warrants: (i) will be subject to the transfer restrictions described herein, (ii) are being purchased pursuant to an exemption from the registration requirements of the Securities Act and will become freely tradable only after certain conditions are met or the resale of the Warrants is registered under the Securities Act, (iii) will be non-redeemable so long as they are held by the Sponsors Sponsor or any of their its permitted transferees and (iv) are exercisable for cash or on a “cashless” basis if held by the Sponsors Sponsor or any of their its permitted transferees.
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Samples: Warrant Purchase Agreement (Azteca Acquisition Corp), Warrant Purchase Agreement (Blue Wolf Mongolia Holdings Corp.)
Terms of the Warrant. The Warrants shall be substantially identical to the warrants included in the units offered in the IPO as set forth in the Warrant Agreement, except the Warrants: (i) will be subject to the transfer restrictions described herein, (ii) are being purchased pursuant to an exemption from the registration requirements of the Securities Act and will become freely tradable only after certain conditions are met or the resale of the Warrants is registered under the Securities Act, (iii) will be non-redeemable so long as they are held by the Sponsors Sponsor or any of their its permitted transferees and (iv) are exercisable for cash or on a “cashless” basis if held by the Sponsors Sponsor or any of their its permitted transferees.
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