Examples of SPAC Private Warrant in a sentence
At the SPAC Merger effective Time, each issued and outstanding SPAC Public Warrant shall be converted into one (1) Holdings Public Warrant and each issued and outstanding SPAC Private Warrant shall be converted into one (1) Holdings Private Warrant.
This restructuring is still underway; delays were called out in the Presidential Inquiry as a concern.
Each (i) SPAC Public Warrant outstanding immediately prior to the Merger Effective Time shall be automatically converted into the right to receive one TopCo Public Warrant and (ii) SPAC Private Warrant outstanding immediately prior to the Merger Effective Time shall be automatically converted into the right to receive one TopCo Private Warrant, and all SPAC Warrants shall thereupon cease to be outstanding and shall automatically be canceled and retired and shall cease to exist.
In connection with, and immediately prior to the Closing, Sponsor and SPAC agree that all bona fide amounts due to Sponsor from SPAC for all loans of cash to SPAC, including the SPAC Working Capital Loans, shall be converted into SPAC Private Warrants at a stipulated value of $1.00 per SPAC Private Warrant.
The study targeted all the 43 commercial banks in Kenya as registered by Central Bank of Kenya by December 31, 2015.
No fee under this Section 2.11 shall be payable until the earlier of: (1) the first Revolving Advance, or (2) Substantial Completion.