Examples of Sponsor Private Placement Warrants in a sentence
The Company will apply the net proceeds from the Offering and the sale of the Sponsor Private Placement Warrants received by it in a manner consistent in all material respects with the applications described under the caption “ Use of Proceeds” in the General Disclosure Package and the Prospectus.
The Sponsor Private Placement Warrants, when delivered upon the consummation of the Offering, will be duly issued, and will constitute valid and binding obligations of the Company, enforceable against the Company in accordance with their terms, except as the enforceability thereof may be limited by bankruptcy, insolvency, or similar laws affecting creditors’ rights generally from time to time in effect and by equitable principles of general applicability.
The Sponsor Private Placement Warrants are substantially similar to the Warrants, except as described in the Registration Statement, the General Disclosure Package and the Prospectus.
The Company is not and, after giving effect to the offering and sale of the Securities and the Sponsor Private Placement Warrants and the application of the proceeds thereof as described in the Registration Statement, the General Disclosure Package and the Prospectus, will not be an “investment company” as defined in the Investment Company Act of 1940, as amended.
The Shares issuable upon exercise of the Warrants included in the Units and the Sponsor Private Placement Warrants have been duly authorized and reserved for issuance upon exercise thereof and, when issued and delivered by the Company against payment therefor pursuant to the Warrants and the Sponsor Private Placement Warrants, as applicable, and the Warrant Agreement, will be validly issued, fully paid and non-assessable.
The tentative agenda includes a presentation on the history of the Authority by Mr. Hopkins, followed by a Keynote Address by Commissioner Persichilli.
The Company shall cause the proceeds of the Offering and the sale of the Sponsor Private Placement Warrants to be held in the Trust Account to be invested only in United States government treasury bills with a maturity of 185 days or less or in money market funds meeting certain conditions under Rule 2a-7 under the Investment Company Act as set forth in the Trust Agreement and disclosed in the General Disclosure Package and the Prospectus.
The Company has entered into a Warrant Agreement, effective as of [ ], 2021, with respect to the Warrants and the Sponsor Private Placement Warrants with CST, as warrant agent, in substantially the form filed as an exhibit to the Registration Statement (the “Warrant Agreement”), pursuant to which CST will act as warrant agent in connection with the issuance, registration, transfer, exchange, redemption, and exercise of the Warrants and the Sponsor Private Placement Warrants.
Notices required under this Agreement shall be signed by the duly authorized representative of the party initiating such notice and shall be either delivered to an officer or authorized representative of the Party to whom it is directed, or sent by mail, postage prepaid, to the following addresses (which may be written notice from the Party in question):PT (INSERT PARTY OF THE SECOND PART), ATTENTION: Mr.(Insert regd.