Common use of Exclusion of Certain Warrants Clause in Contracts

Exclusion of Certain Warrants. The Company understands that the redemption rights provided for by this Section 6 apply only to outstanding Warrants. To the extent a person holds rights to purchase Warrants, such purchase rights shall not be extinguished by redemption. However, once such purchase rights are exercised, the Company may redeem the Warrants issued upon such exercise provided that the criteria for redemption is met. Additionally, any of the Private Warrants shall not be redeemable by the Company as long as such Private Warrants continue to be held by initial purchasers and affiliates or their permitted transferees (as prescribed in Section 5.7 hereof). However, once such Private Warrants are no longer held by the initial purchasers or their affiliates or permitted transferees, such Private Warrants shall then be redeemable by the Company pursuant to Section 6 hereof. The provisions of this Section 6.5 may not be modified, amended or deleted without the prior written consent of the Representative.

Appears in 16 contracts

Samples: Warrant Agreement (8i Enterprises Acquisition Corp.), Warrant Agreement (8i Enterprises Acquisition Corp.), Warrant Agreement (Newborn Acquisition Corp)

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Exclusion of Certain Warrants. The Company understands that the redemption rights provided for by this Section 6 apply only to outstanding Warrants. To the extent a person holds rights to purchase Warrants, such purchase rights shall not be extinguished by redemption. However, once such purchase rights are exercised, the Company may redeem the Warrants issued upon such exercise provided that the criteria for redemption is met. Additionally, any of the Private Warrants shall not be redeemable by the Company as long as such Private Warrants continue to be held by initial purchasers and affiliates or their permitted transferees (as prescribed in Section 5.7 5.6 hereof). However, once such Private Warrants are no longer held by the initial purchasers or their affiliates or permitted transferees, such Private Warrants shall then be redeemable by the Company pursuant to Section 6 hereof. The provisions of this Section 6.5 6.4 may not be modified, amended or deleted without the prior written consent of the RepresentativeEBC.

Appears in 15 contracts

Samples: Warrant Agreement (Arowana Inc.), Warrant Agreement (Pacific Special Acquisition Corp.), Warrant Agreement (Garnero Group Acquisition Co)

Exclusion of Certain Warrants. The Company understands that the redemption rights provided for by this Section 6 apply only to outstanding Warrants. To the extent a person holds rights to purchase Warrants, such purchase rights shall not be extinguished by redemption. However, once such purchase rights are exercised, the Company may redeem the Warrants issued upon such exercise provided that the criteria for redemption is met. Additionally, any of the Private Initial Warrants and Insider Warrants shall not be redeemable by the Company as long as such Private Initial Warrants and Insider Warrants continue to be held by initial purchasers and affiliates the Founders, Insiders or their permitted transferees (as prescribed in Section 5.7 hereof)transferees. However, once such Private Warrants are no longer held by the initial purchasers individuals or their affiliates or permitted transfereestransferee otherwise transfer such Initial Warrants and Insider Warrants, such Private Initial Warrants and Insider Warrants shall then be redeemable by the Company pursuant to Section 6 hereof. The provisions of this Section 6.5 6.4 may not be modified, amended or deleted without the prior written consent of the RepresentativeEBC.

Appears in 7 contracts

Samples: Warrant Agreement (Staccato Acquisition Corp.), Warrant Agreement (Symphony Acquisition Corp.), Warrant Agreement (Symphony Acquisition Corp.)

Exclusion of Certain Warrants. The Company understands that the redemption rights provided for by this Section 6 apply only to outstanding Warrants. To the extent a person holds rights to purchase Warrants, such purchase rights shall not be extinguished by redemption. However, once such purchase rights are exercised, the Company may redeem the Warrants issued upon such exercise provided that the criteria for redemption is met. Additionally, any none of the Private Warrants shall not be redeemable by the Company as long as such Private Warrants continue to be held by initial purchasers and affiliates or their permitted transferees (as prescribed in Section 5.7 hereof). However, once such Private Warrants are no longer held by the initial purchasers or their affiliates or permitted transferees, such Private Warrants shall then be redeemable by the Company pursuant to Section 6 hereof. The provisions of this Section 6.5 may not be modified, amended or deleted without the prior written consent of the RepresentativeRepresentatives.

Appears in 6 contracts

Samples: Warrant Agreement (Roth CH Acquisition III Co), Warrant Agreement (Roth CH Acquisition II Co), Warrant Agreement (Roth CH Acquisition III Co)

Exclusion of Certain Warrants. The Company understands that the redemption rights provided for by this Section 6 apply only to outstanding Warrants. To the extent a person holds rights to purchase Warrants, such purchase rights shall not be extinguished by redemption. However, once such purchase rights are exercised, the Company may redeem the Warrants issued upon such exercise provided that the criteria for redemption is met. Additionally, any of the Private Warrants shall not be redeemable by the Company as long as such Private Warrants continue to be held by initial purchasers and affiliates or their permitted transferees (as prescribed in Section 5.7 hereof). However, once such Private Warrants are no longer held by the initial purchasers or their affiliates or permitted transferees, such Private Warrants shall then be redeemable by the Company pursuant to Section 6 hereof. The provisions of this Section 6.5 may not be modified, amended or deleted without the prior written consent of the RepresentativeRepresentatives.

Appears in 3 contracts

Samples: Warrant Agreement (Roth CH Acquisition I Co), Warrant Agreement (Roth CH Acquisition I Co), Warrant Agreement (Roth CH Acquisition I Co)

Exclusion of Certain Warrants. The Company understands that the redemption rights provided for by this Section 6 apply only to outstanding Warrants. To the extent a person holds rights to purchase Warrants, such purchase rights shall not be extinguished by redemption. However, once such purchase rights are exercised, the Company may redeem the Warrants issued upon such exercise provided that the criteria for redemption is met. Additionally, any the Company agrees that the redemption rights provided in this Section 6 shall not apply to the Sponsor’s Warrants if at the time of the Private Warrants shall not be redeemable by the Company as long as redemption such Private Sponsor’s Warrants continue to be held by initial purchasers and affiliates the Sponsor or their its permitted transferees (as prescribed in Section 5.7 hereof)transferees. However, once such Private Sponsor’s Warrants are no longer held by the initial purchasers or their affiliates or transferred (other than to permitted transfereestransferees under Section 5.6), such Private Warrants shall then be redeemable by the Company pursuant to Section 6 hereofmay redeem the Sponsor’s Warrants in the same manner as the Public Warrants. The provisions of this Section 6.5 6.4 may not be modified, amended or deleted without the prior written consent of the RepresentativeEBC.

Appears in 3 contracts

Samples: Warrant Agreement (Black Ridge Acquisition Corp.), Warrant Agreement (Black Ridge Oil & Gas, Inc.), Warrant Agreement (Black Ridge Acquisition Corp.)

Exclusion of Certain Warrants. The Company understands that the redemption rights provided for by this Section 6 apply only to outstanding Warrants. To the extent a person holds rights to purchase Warrants, such purchase rights shall not be extinguished by redemption. However, once such purchase rights are exercised, the Company may redeem the Warrants issued upon such exercise provided that the criteria for redemption is met. Additionally, any the Company agrees that the redemption rights provided in this Section 6 shall not apply to the Private Placement Warrants if at the time of the Private Warrants shall not be redeemable by the Company as long as redemption such Private Placement Warrants continue to be held by the initial purchasers and affiliates purchaser or their its permitted transferees (as prescribed in Section 5.7 hereof)transferees. However, once such Private Placement Warrants are no longer held by the initial purchasers or their affiliates or transferred (other than to permitted transferees), such Private Warrants shall then be redeemable by the Company pursuant to Section 6 hereofmay redeem the Private Placement Warrants in the same manner as the Public Warrants. The provisions of this Section 6.5 may not be modified, amended or deleted without the prior written consent of the Representative.

Appears in 3 contracts

Samples: Warrant Agreement (CM Seven Star Acquisition Corp), Warrant Agreement (CM Seven Star Acquisition Corp), Warrant Agreement (CM Seven Star Acquisition Corp)

Exclusion of Certain Warrants. The Company understands agrees that the redemption rights provided for by in this Section 6 shall apply only to outstanding Warrantswarrants. To the extent a person holds rights to purchase Warrantswarrants, such purchase rights shall not be extinguished by redemption. However, once such purchase rights are exercised, expired the Company may redeem the Warrants warrants issued upon such exercise provided that the criteria for redemption is met. Additionally, any the Company agrees that the redemption rate shall not apply to the Placement Warrants if at the time of the Private Warrants shall not be redeemable by the Company as long as redemption such Private Placement Warrants continue to be held by initial purchasers and affiliates or their permitted transferees (as prescribed in Section 5.7 hereof). However, once such Private Warrants are no longer held by the initial purchasers or their affiliates or permitted transferees. However, once such Private Placement Warrants are transferred (other than to permitted transferees under Section 5.6), the Company may redeem the Placement Warrants in the same manner as the Public Warrants. The EBC Warrants shall then not be redeemable by until after the Company pursuant exercise of the purchase option issued to Section 6 hereofEBC. The provisions of this Section 6.5 6.4 may not be modified, amended or deleted without the prior written consent of the RepresentativeEBC.

Appears in 2 contracts

Samples: Warrant Agreement (Big Rock Partners Acquisition Corp.), Warrant Agreement (Big Rock Partners Acquisition Corp.)

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Exclusion of Certain Warrants. The Company understands that the redemption rights provided for by this Section 6 apply only to outstanding Warrants. To the extent a person holds rights to purchase Warrants, such purchase rights shall not be extinguished by redemption. However, once such purchase rights are exercised, the Company may redeem the Warrants issued upon such exercise provided that the criteria for redemption is met. Additionally, any of the Private Placement Warrants shall not be redeemable by the Company as long as such Private Placement Warrants continue to be held by initial purchasers and affiliates or their permitted transferees (as prescribed in Section 5.7 hereof)transferees. However, once such Private Placement Warrants are no longer held by the initial purchasers or their affiliates or permitted transferees, such Private Placement Warrants shall then be redeemable by the Company pursuant to Section 6 hereof. The provisions of this Section 6.5 6.4 may not be modified, amended or deleted without the prior written consent of the RepresentativeEBC.

Appears in 2 contracts

Samples: Warrant Agreement (Andina Acquisition Corp), Warrant Agreement (Andina Acquisition Corp)

Exclusion of Certain Warrants. The Company understands that the redemption rights provided for by this Section 6 apply only to outstanding Warrants. To the extent a person holds rights to purchase Warrants, such purchase rights shall not be extinguished by redemption. However, once such purchase rights are exercised, the Company may redeem the Warrants issued upon such exercise provided that the criteria for redemption is met. Additionally, any of the Private Insider Warrants and EBC Warrants shall not be redeemable by the Company as long as such Private Insider Warrants and EBC Warrants continue to be held by initial purchasers and affiliates or their permitted transferees (as prescribed in Section 5.7 hereof)transferees. However, once such Private Insider Warrants or EBC Warrants are no longer held by the initial purchasers or their affiliates or permitted transferees, such Private Insider Warrants and EBC Warrants shall then be redeemable by the Company pursuant to Section 6 hereof. The provisions of this Section 6.5 6.4 may not be modified, amended or deleted without the prior written consent of the RepresentativeEBC.

Appears in 2 contracts

Samples: Warrant Agreement (Trio Merger Corp.), Warrant Agreement (Trio Merger Corp.)

Exclusion of Certain Warrants. The Company understands that the redemption rights provided for by this Section 6 apply only to outstanding Warrants. To the extent a person holds rights to purchase Warrants, such purchase rights shall not be extinguished by redemption. However, once such purchase rights are exercised, the Company may redeem the Warrants issued upon such exercise provided that the criteria for redemption is met. Additionally, any of the Private Warrants shall not be redeemable by the Company as long as such Private Warrants continue to be held by the initial purchasers and affiliates or their permitted transferees (as prescribed in Section 5.7 5.6 hereof). However, once such Private Warrants are no longer held by the initial purchasers or their affiliates or permitted transferees, such Private Warrants shall then be redeemable by the Company pursuant to Section 6 hereof. The provisions of this Section 6.5 6.4 may not be modified, amended or deleted without the prior written consent of the RepresentativeChardan.

Appears in 2 contracts

Samples: Warrant Agreement (Jensyn Acquisition Corp.), Warrant Agreement (Jensyn Acquisition Corp.)

Exclusion of Certain Warrants. The Company understands that the redemption rights provided for by this Section 6 apply only to outstanding Warrants. To the extent a person holds rights to purchase Warrants, such purchase rights shall not be extinguished by redemption. However, once such purchase rights are exercised, the Company may redeem the Warrants issued upon such exercise provided that the criteria for redemption is met. Additionally, any of the Private Insider Warrants and MJTA Warrants shall not be redeemable by the Company as long as such Private Insider Warrants and MJTA Warrants continue to be held by initial purchasers and affiliates or their permitted transferees (as prescribed in Section 5.7 hereof)transferees. However, once such Private Insider Warrants or MJTA Warrants are no longer held by the initial purchasers or their affiliates or permitted transferees, such Private Insider Warrants and MJTA Warrants shall then be redeemable by the Company pursuant to Section 6 hereof. The provisions of this Section 6.5 6.4 may not be modified, amended or deleted without the prior written consent of the RepresentativeMJTA.

Appears in 1 contract

Samples: Warrant Agreement (Pacific Monument Acquisition Corp)

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