Common use of Warrant Cancellation Clause in Contracts

Warrant Cancellation. The Company shall have (without violation of Section 5.2(d)) obtained the cancellation or other extinguishment (as evidenced by customary documentation) of warrants to purchase Ordinary Shares, such that no more than 8,768,979 Ordinary Shares remain subject to warrants or rights to purchase (other than Company Equity Awards under the Company Share Plans).

Appears in 2 contracts

Samples: Merger Agreement (Yatra Online, Inc.), Merger Agreement (Ebix Inc)

AutoNDA by SimpleDocs

Warrant Cancellation. The Prior to Closing, the Company shall have (without violation of Section 5.2(d)) obtained obtain the cancellation or other extinguishment (as evidenced by customary documentation) of warrants to purchase Ordinary Shares, such that no more than 8,768,979 Ordinary Shares remain subject to warrants or rights to purchase (other than Company Equity Awards under the Company Share Plans).

Appears in 2 contracts

Samples: Merger Agreement (Yatra Online, Inc.), Merger Agreement (Ebix Inc)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!