Certain Actions by the Company. Upon the exercise of any Company Warrant, the Company shall, in accordance with the provisions of the Opco LLC Agreement, exercise a corresponding Opco Warrant on the same terms on which such Opco Warrant was exercised. Upon the exercise of any Opco Warrants (other than by the Company or any of its subsidiaries), the Company shall issue to Opco, for delivery to the person exercising such Opco Warrants, a number of Class B Ordinary Shares, equal to the number of Class A Units issued upon the exercise of such Opco Warrants.
Appears in 2 contracts
Samples: Warrant Agreement (Rice Acquisition Corp. II), Warrant Agreement (Rice Acquisition Corp. II)
Certain Actions by the Company. Upon the exercise of any Company Warrant, the Company shall, in accordance with the provisions of the Opco LLC Agreement, exercise a corresponding Opco Warrant on the same terms on which such Opco Warrant was exercised. Upon the exercise of any Opco Warrants (other than by the Company or any of its subsidiaries), the Company shall issue to Opco, for delivery to the person exercising such Opco Warrants, a number of shares of Class B Ordinary SharesCommon Stock, equal to the number of Class A Units issued upon the exercise of such Opco Warrants.
Appears in 2 contracts
Samples: Warrant Agreement (Rice Acquisition Corp.), Warrant Agreement (Rice Acquisition Corp.)
