Examples of Sponsor Warrants in a sentence

The Company has duly authorized the issuance and sale of the Sponsor Warrants to the Purchaser.
Upon issuance in accordance with, and payment pursuant to, the terms hereof and the Warrant Agreement, the Shares issuable upon exercise of the Sponsor Warrants will be duly and validly issued, fully paid and nonassessable.
Upon issuance in accordance with, and payment pursuant to, the terms of the Warrant Agreement and this Agreement, the Sponsor Warrants will constitute valid and binding obligations of the Company, enforceable in accordance with their terms as of the Closing Dates.
The Company shall have obtained the consent of its Board of Directors authorizing the execution, delivery and performance of this Agreement and the Warrant Agreement and the issuance and sale of the Sponsor Warrants hereunder.
Upon issuance in accordance with, and payment pursuant to, the terms of the Warrant Agreement and this Agreement, the Sponsor Warrants will constitute valid and binding obligations of the Company, enforceable in accordance with their terms as of each Closing Date.

More Definitions of Sponsor Warrants

Sponsor Warrants is defined in the recitals to this Agreement.

Sponsor Warrants means the warrants to purchase 6,147,440 shares of Class A Common Stock issued to the Sponsor pursuant to that certain Private Placement Warrants Purchase Agreement, dated September 20, 2020, by and among the Sponsor and Pubco, for a purchase price of $1.00 per warrant.

Sponsor Warrants means the Warrants to purchase up to 3,966,667 Ordinary Shares of the Company that are acquired by the Sponsor for an aggregate purchase price of $2.975 million, or approximately $0.75 per Warrant in a private placement that shall occur simultaneously with the consummation of the Offering; (iv) “ Public Stockholders ” shall mean the holders of securities issued in the Offering; (v) “ Trust Account ” shall mean the trust fund into which a portion of the net proceeds of the Offering shall be deposited; and (vi) “ Public Shares ” shall mean the ordinary shares which are being sold as part of the units in offering.

Sponsor Warrants shall have the meaning given in the recitals to this Agreement.

Sponsor Warrants is defined in the recitals to this Agreement; provided, that any such Sponsor Warrants shall cease to be Sponsor Warrants when: (a) a Registration Statement with respect to the sale of such securities shall have become effective under the Securities Act (as defined below) and such securities shall have been sold, transferred, disposed of or exchanged in accordance with such Registration Statement; (b) such securities shall have been otherwise transferred pursuant to Rule 144 of the Securities Act (or any similar provisions thereunder, but not Rule 144A), and new certificates for them not bearing a legend restricting further transfer shall have been delivered by the Company and subsequent public distribution of them shall not require registration under the Securities Act; or (c) such securities shall have ceased to be outstanding.

Sponsor Warrants means those warrants entitling the holder thereof to purchase one-half of one share of Class A Common Stock at an exercise price of $5.75 per half share as more fully described in the prospectus for the Company’s initial public offering filed with the U.S. Securities and Exchange Commission dated May 25, 2016.

Sponsor Warrants means the Series A-2 Warrants held by Pershing Square to purchase 1,916,667 shares of the Issuer’s common stock (subject to adjustment pursuant to the warrant agreement) pursuant to the Warrant Agreement, dated as of November 9, 2010, between the Issuer and Computershare Investor Services (f/k/a Mellon Investor Services LLC), as Warrant Agent.