Warrant Attributes. The Insider Warrants and Representative’s Warrants shall have the same terms and be in the same form as the Public Warrants.
Warrant Attributes. The Insiders’ Warrants, the Public Warrants and the Representative’s Warrants shall have the same terms except with respect to the Warrant Price and Exercise Period as set forth below in Sections 3.1 and 3.2.
Warrant Attributes. Except as described herein, the Conversion Warrants will be identical to the Public Warrants, except that the Conversion Warrants and the Warrant Shares underlying the Conversion Warrants are not registered on the Registration Statement, and the Conversion Warrants will not be subject to the exercise limitations set forth in Section 3.3.10 hereof.
Warrant Attributes. The Placement Warrants shall have the same terms and be in the same form as the Public Warrants except that if held by the original holders or their permitted assigns, they (i) may be exercised for cash or on a cashless basis; (ii) are not subject to being called for redemption; and (iii) with respect to the Placement Warrants being purchased by the Underwriters, will expire five (5) years from the effective date of the Registration Statement, or earlier upon redemption or liquidation. In addition, the Placement Warrants will be held in escrow until thirty (30) days following the consummation of the Company’s initial business combination, as more fully described in the Registration Statement (a “Business Combination”).
Warrant Attributes. The Private Warrants and the Public Warrants shall have the same terms except (i) the holder of a Private Warrant may exercise the Private Warrant on a cashless basis, as set forth below in Section 3.3.1, with respect to an Exercise After Notice of Redemption provided in Section 6.3 below and (ii) the Company has no obligation to deliver any securities pursuant to the exercise of any Public Warrant unless a registration statement under the Act with respect to the Common Stock is effective.
Warrant Attributes. The Representative's Warrants shall have the same terms and be in the same form as the Public Warrants. The Insider Warrants shall have the same terms and be in the same form as the Public Warrants, except that, in consideration of the restrictions on transfer of the Insider Warrants, they are exercisable on a cashless basis as provided in Section 3.3.1 hereof.
Warrant Attributes. The Placement Warrants and Representative's Warrants shall have the same terms and be in the same form as the Public Warrants.
Warrant Attributes. The Underwriters’ Warrants shall have the same terms and be in the same form as the Public Warrants.
Warrant Attributes. The Private Warrants and Working Capital Warrants will be identical to the Public Warrants but they (i) will be exercisable either for cash or on a cashless basis at the holder's option pursuant to Section 3.3.1(c), (ii) will not be redeemable by the Company, in either case as long as such warrants are held by the initial holders or their affiliates and permitted transferees (as provided below), (iii) will be subject to the transfer restrictions set forth below and (iv) may be subject to the limitations on exercise set forth in Section 3.3.2. The provisions of this Section 2.6 may not be modified, amended or deleted without the prior written consent of the Representative. Prior to the date immediately following the consummation by the Company of a Business Combination (as defined below), the Private Warrants and Working Capital Warrants may only be transferred by the holders thereof:
(a) to any persons (including their affiliates and shareholders) participating in the Private Offering, officers, directors, shareholders, employees and members of the Sponsor and its affiliates;
(b) amongst initial holders (as defined in the Registration Statement) or to the Company's officers, directors and employees;
(c) if a holder is an entity, as a distribution to its, partners, shareholders or members upon its liquidation;
(d) by bona fide gift to a member of the holder's immediate family or to a trust, the beneficiary of which is a holder or a member of a holder's immediate family, for estate planning purposes;
(e) by virtue of the laws of descent and distribution upon death;
(f) pursuant to a qualified domestic relations order;
(g) by certain pledges to secure obligations incurred in connection with purchases of the Company's securities;
(h) by private sales at prices no greater than the price at which the Private Warrants were originally purchased; or
(i) to the Company for no value for cancellation in connection with the consummation of the Company's initial Business Combination.
Warrant Attributes. The Representative’s Warrants shall have the same terms and be in the same form as the Public Warrants. The Insider Warrants shall have the same terms and be in the same form as the Public Warrants except they (i) will not be transferable or salable (except to permitted transferees) until one year after the Company completes a business combination and (ii) will be exercisable on a cashless basis and will be non-redeemable by the Company so long as they are held by the Insiders or their affiliates.
