Buyer Warrants. Each Buyer Warrant outstanding at and as of the Effective Time shall remain outstanding and in full force and effect.
Buyer Warrants. Buyer warrants and represents that Buyer has performed the necessary due diligence and investigation to determine that Buyer and/or an entity controlled by Buyer, may be the holder of the Liquor License referenced in the Agreement, under the Pennsylvania Liquor Control Board Rules and Regulations and under local municipal ordinances and regulations. If the Buyer is unsuccessful in completing the transfer of the Liquor License by the date of settlement, this Agreement shall remain in full force and effect and Buyer will be required to complete the settlement and pay the full Purchase Price at the settlement. The only exception to the foregoing rule shall be if the transfer of the Liquor License is denied specifically as a result of some act or omission of the Seller, in which event Seller shall refund Buyer the sum of $25,000 which Buyer and Seller hereby stipulate to be the fair market value of the Liquor License. Buyer shall diligently pursue the transfer of the Liquor License at Buyer’s sole cost and expense. Seller shall reasonably cooperate with Buyer’s efforts in this regard.
Buyer Warrants. By virtue of the Domestication and without any action on the part of any holder of Buyer Warrants, each Buyer Warrant that is outstanding immediately prior to the consummation of the Domestication shall, pursuant to and in accordance with Section 4.4 of the Warrant Agreement, automatically and irrevocably be modified solely to provide that such Buyer Warrant shall entitle the holder thereof to acquire shares of Buyer Class A Common Stock rather than Buyer Class A Ordinary Shares (after giving effect to the Domestication).
Buyer Warrants. Immediately following the Delaware Secretary of State’s acceptance of the A&R Certificate of Incorporation, and without any action on the part of any holder of a Buyer Warrant, each Buyer Warrant that is issued and outstanding immediately prior to the Closing shall be converted into a corresponding PubCo Warrant exercisable for PubCo Class A Common Stock in accordance with its terms.
Buyer Warrants. 12 Section 5.9 Consents Prior to Closing............................................................. 12 Section 5.10 No Material Adverse Changes........................................................... 12 Section 5.11 Absence of Litigation................................................................. 12
Buyer Warrants. The Buyer shall have exercised the Buyer Warrants.
Buyer Warrants. The Buyer Warrants shall be subject to adjustment as set forth in Section 6.1(c).
Buyer Warrants. Immediately following the Delaware Secretary of State’s acceptance of the A&R Certificate of Incorporation, and without any action on the part of any holder of a Buyer Warrant, each Buyer Warrant that is issued and outstanding immediately prior to the Closing shall be converted into a corresponding PubCo Warrant exercisable for PubCo Class A Common Stock in accordance with its terms and, in accordance with the terms of the A&R Operating Agreement, Buyer and the Company shall enter into the Warrant Agreements (as defined in the A&R Operating Agreement).
Buyer Warrants. At the Closing, Buyer shall deliver the Buyer Warrants in exchange for the CMP Warrant.
Buyer Warrants the warrants to purchase shares of common stock of -------------- Buyer having substantially the terms set forth in Exhibit C hereof.
