Extension Loan Warrants means Warrants issued to Holders as a result of the conversion of loans made by the Holders or their designees to the Company to extend the period of time of the Company has to consummate a Business Combination.
Extension Loan Warrants shall have the meaning given in the Recitals hereto.
Extension Loan Warrants means the warrants that may be issued in connection with an extension of the period of time the Company has to consummate a Business Combination as set forth in the Charter; (viii) “Public Shareholders” shall mean the holders of securities issued in the Public Offering; (ix) “Trust Account” shall mean the trust account into which a portion of the net proceeds of the Public Offering and the sale of the Private Placement Warrants shall be deposited; and (x) “Transfer” shall mean the (a) sale of, offer to sell, contract or agreement to sell, hypothecate, pledge, grant of any option to purchase or otherwise dispose of or agreement to dispose of, directly or indirectly, or establishment or increase of a put equivalent position or liquidation with respect to or decrease of a call equivalent position within the meaning of Section 16 of the Exchange Act, and the rules and regulations of the Commission promulgated thereunder with respect to, any security, (b) entry into any swap or other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership of any security, whether any such transaction is to be settled by delivery of such securities, in cash or otherwise, or (c) public announcement of any intention to effect any transaction specified in clause (a) or (b).
Examples of Extension Loan Warrants in a sentence
The Private Warrants, Working Capital Warrants, and Extension Loan Warrants will be issued in the same form as the Public Warrants.
Each of the Working Capital Warrants and the Extension Loan Warrants shall be identical to the Private Placement Warrants.
The Private Placement Warrants, the Working Capital Warrants and the Extension Loan Warrants shall be identical to the Public Warrants, except that the Private Placement Warrants, the Working Capital Warrants and the Extension Loan Warrants may not be transferred, assigned or sold until thirty (30) days after the completion by the Company of an initial Business Combination (as defined below).
The Company agrees that the redemption rights provided in this Section 6 shall not apply to (i) the Private Warrants, the Working Capital Warrants and the Extension Loan Warrants if at the time of the redemption such Warrants continue to be held by the initial purchasers or their permitted transferees or (ii) Post-IPO Warrants if such warrants provide that they are non-redeemable by the Company.
The Company has entered into a warrant agreement with respect to the Warrants, the Placement Warrants, Working Capital Warrants and Extension Loan Warrants, if any, with CST, substantially in the form filed as an exhibit to the Registration Statement (the “Warrant Agreement”).
More Definitions of Extension Loan Warrants
Extension Loan Warrants shall have the meaning given in the Recital hereto. “Form S-1” shall have the meaning given in subsection 2.1.1.
Extension Loan Warrants means the warrants that may be issued upon the conversion of the Extension Loan to warrants as set forth in the Charter. Such warrants would be identical to the Private Placement Warrants, including as to exercise price, exercisability and exercise period; (v) “Founder Shares” shall mean the 3,737,500 shares of the Company’s Class B common stock, par value $0.0001 per share (up to 487,500 shares of which are subject to complete or partial forfeiture by the Sponsor if the over-allotment option is not exercised in full or in part by the Underwriters); (vi) “Initial Stockholders” shall mean the Sponsor and any Insider that holds Founder Shares; (vii) “Private Placement Warrants” shall mean the Warrants to purchase up to 6,375,000 shares of Common Stock of the Company (or 7,057,500 shares of Common Stock if the over-allotment option is exercised in full by the Underwriters) that the Sponsor has agreed to purchase for an aggregate purchase price of $6,375,000 (or $7,057,500 if the over-allotment option is exercised in full by the Underwriters), or $1.00 per Warrant, in a private placement that shall occur simultaneously with the consummation of the Public Offering; (viii) “Public Stockholders” shall mean the holders of securities issued in the Public Offering; (ix) “Trust Account” shall mean the trust account into which the net proceeds of the Public Offering and certain proceeds from the sale of the Private Placement Warrants shall be deposited, and if applicable, the Extension Loan; and (x) “Transfer” shall mean the (a) sale of, offer to sell, contract or agreement to sell, hypothecate, pledge, grant of any option to purchase or otherwise dispose of or agreement to dispose of, directly or indirectly, or establishment or increase of a put equivalent position or liquidation with respect to or decrease of a call equivalent position within the meaning of Section 16 of the Exchange Act, and the rules and regulations of the Commission promulgated thereunder with respect to, any security, (b) entry into any swap or other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership of any security, whether any such transaction is to be settled by delivery of such securities, in cash or otherwise, or (c) public announcement of any intention to effect any transaction specified in clause (a) or (b).
Extension Loan Warrants means the warrants that may be issued in connection with an extension of the period of time the Company has to consummate a Business Combination as set forth in the amended and restated memorandum and articles of association; (viii) “Public Shareholders” shall mean the holders of securities issued in the Public Offering; (ix) “Trust Account” shall mean the trust account into which a portion of the net proceeds of the Public Offering and the sale of the Private Placement Warrants shall be deposited; and (x) “Transfer” shall mean the (a) sale of, offer to sell, contract or agreement to sell, hypothecate, pledge, grant of any option to purchase or otherwise dispose of or agreement to dispose of, directly or indirectly, or establishment or increase of a put equivalent position or liquidation with respect to or decrease of a call equivalent position within the meaning of Section 16 of the Exchange Act, and the rules and regulations of the Commission promulgated thereunder with respect to, any security, (b) entry into any swap or other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership of any security, whether any such transaction is to be settled by delivery of such securities, in cash or otherwise, or (c) public announcement of any intention to effect any transaction specified in clause (a) or (b).
Extension Loan Warrants means the warrants that may be issued in connection with an extension of the period of time the Company has to consummate a Business Combination as set forth in the Charter (viii) “Transfer” shall mean the (a) sale of, offer to sell, contract or agreement to sell, hypothecate, pledge, grant of any option to purchase or otherwise dispose of or agreement to dispose of, directly or indirectly, or establishment or increase of a put equivalent position or liquidation with respect to or decrease of a call equivalent position within the meaning of Section 16 of the Exchange Act, and the rules and regulations of the Commission promulgated thereunder with respect to, any security, (b) entry into any swap or other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership of any security, whether any such transaction is to be settled by delivery of such securities, in cash or otherwise, or (c) public announcement of any intention to effect any transaction specified in clause (a) or (b); (ix) “Trust Account” shall mean the trust account into which the net proceeds of the Company’s IPO and a portion of the proceeds from the sale of the Private Placement Warrants will be deposited; and (x) “Registration Statement” means the Company’s registration statement on Form S-1 (SEC File No. 333-249354) filed with the SEC, as amended.
Extension Loan Warrants means the warrants that may be issued in connection with an extension of the period of time the Company has to consummate a Business Combination as set forth in the Charter.
Extension Loan Warrants means the warrants that may be issued in connection with an extension of the period of time the Company has to consummate a Business Combination as set forth in the Charter; (viii) “Prospectus” shall mean the final prospectus relating to the IPO, in the form filed with the SEC; (ix) “Transfer” shall mean the (a) sale of, offer to sell, contract or agreement to sell, hypothecate, pledge, grant of any option to purchase or otherwise dispose of or agreement to dispose of, directly or indirectly, or establishment or increase of a put equivalent position or liquidation with respect to or decrease of a call equivalent position within the meaning of Section 16 of the Exchange Act, and the rules and regulations of the Commission promulgated thereunder with respect to, any security, (b) entry into any swap or other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership of any security, whether any such transaction is to be settled by delivery of such securities, in cash or otherwise, or (c) public announcement of any intention to effect any transaction specified in clause (a) or (b); (x) “Trust Account” shall mean the trust account into which the net proceeds of the Company’s IPO and a portion of the proceeds from the sale of the Private Placement Warrants will be deposited; and (xi) “Registration Statement” means the Company’s registration statement on Form S-1 (SEC File No. 333- 249354) filed with the SEC, as amended.
Extension Loan Warrants means the warrants that may be issued in connection with the conversion of any Extension Loans; (viii) “Public Shareholders” shall mean the holders of securities issued in the Public Offering; (ix) “Trust Account” shall mean the trust account into which a portion of the net proceeds of the Public Offering, the sale of the Private Placement Warrants and the Overfunding Loans shall be deposited; and (x) “Transfer” shall mean the (a) sale of, offer to sell, contract or agreement to sell, hypothecate, pledge, grant of any option to purchase or otherwise dispose of or agreement to dispose of, directly or indirectly, or establishment or increase of a put equivalent position or liquidation with respect to or decrease of a call equivalent position within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, and the rules and regulations of the Commission promulgated thereunder with respect to, any security, (b) entry into any swap or other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership of any security, whether any such transaction is to be settled by delivery of such securities, in cash or otherwise, or (c) public announcement of any intention to effect any transaction specified in clause (a) or (b).