Examples of Private Placement Warrant Agreement in a sentence
The Sponsor Private Placement Warrant Agreement has been duly authorized, executed and delivered by the Company and the Sponsor and is the valid and binding agreement of the Company and the Sponsor enforceable against the Company and the Sponsor in accordance with its terms, except as enforceability may be limited by applicable bankruptcy, insolvency or similar laws affecting the enforcement of creditors’ rights generally or by equitable principles relating to enforceability.
The Class A-1 Notes, the Class A-2a Notes, the Class A-2b Notes, the Class A-3 Notes and the Class A-4 Notes (collectively, the “Notes”) are and will be secured by the collateral pledged as security therefor as provided in the Indenture.
The Sponsor acknowledges and agrees that none of the Subscribers are or will be Permitted Transferees (as defined in the Private Placement Warrant Agreement) of the Sponsor under the Private Placement Warrant Agreement.
On the Effective Date, the Company shall have delivered to the Representative executed copies of the Trust Agreement, the Warrant Agreement, the Rights Agreement, all of the Insider Letters, the Private Placement Warrant Agreement, the Registration Rights Agreement, and the Business Combination Marketing Agreement.
On the Effective Date, the Company shall have delivered to the Representative executed copies of the Trust Agreement, the Warrant Agreement, the Securities Subscription Agreement, the Private Placement Warrant Agreement, the Registration Rights Agreement and the Letter Agreement.
The Company shall not take any action or omit to take any action which would cause a breach of any of the Insider Letters or the Private Placement Warrant Agreement and will not allow any amendments to, or waivers of, such Insider Letters or the Private Placement Warrant Agreement without the prior written consent of the Representative, which consent shall not be unreasonably witheld.
On June 7, 2021, each of the holders of the Private Placement Warrants exchanged their warrants for new private warrants which were on the same terms as the Private Placement Warrants, except that they were not issued under the Private Placement Warrant Agreement and were non-transferrable except to permitted transferees (the “Private Placement Warrant Agreement”).
I-Bankers agrees not to transfer, assign or sell any of the Placement Securities or Additional Placement Securities (as defined in Section 1.4.2), if any, and agrees to waive its redemption and liquidation rights with respect to such the Placement Securities or Additional Placement Securities, if any, pursuant to the terms set forth in that certain Private Placement Warrant Agreement dated as of the date hereof.
When surrendered to NMMC in accordance with the terms of this Agreement, the Sponsor Private Placement Warrants will be free and clear of all Liens, other than Liens pursuant to (i) this Agreement, (ii) the organizational documents of NMMC, (iii) the Transaction Agreement, (iv) the Letter Agreement, (v) the Private Placement Warrant Agreement, (vi) as otherwise disclosed in any Acquiror SEC Report or (vii) any applicable Laws (securities or otherwise).
Simultaneously with the Closing, AXIOS Sponsor LP, a Delaware limited partnership (the “Sponsor”) and I-Bankers shall purchase from the Company pursuant to the Private Placement Warrant Agreement (as defined in Section 2.24.2 hereof) an aggregate of 8,020,000 warrants (the “Placement Warrants”) (of which 1,000,000 Placement Warrants will be purchased by I-Bankers) at a purchase price of $1.00 per Placement Warrants in a private placement (the “Private Placement”).