Common use of Amendment of Existing Warrant Agreement Clause in Contracts

Amendment of Existing Warrant Agreement. Effective as of the First Effective Time, the Company and the Warrant Agent hereby amend the Existing Warrant Agreement as provided in this Section 2, and acknowledge and agree that the amendments to the Existing Warrant Agreement set forth in this Section 2 are to provide for the delivery of the kind and amount of shares of stock or other securities or property (including cash) receivable upon reclassification, reorganization, merger or consolidation, or upon a dissolution following any such sale or transfer, that the holder of the Warrants would have received if such holder had exercised his, her or its Warrant(s) immediately prior to such event pursuant to Section 4.5 of the Existing Warrant Agreement (in connection with the Business Combination and the transactions contemplated by the Business Combination Agreement).

Appears in 4 contracts

Samples: Assignment, Assumption and Amendment Agreement (Quantum FinTech Acquisition Corp), Assignment, Assumption and Amendment Agreement (Calculator New Pubco, Inc.), Assignment, Assumption and Amendment Agreement (Quantum FinTech Acquisition Corp)

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