Common use of Exclusion of Private Placement Warrants Clause in Contracts

Exclusion of Private Placement Warrants. The Company agrees that the redemption rights provided in Section 6.1 and Section 6.2 hereof shall not apply to the Private Placement Warrants if at the time of the redemption such Private Placement Warrants continue to be held by the purchasers or their Permitted Transferees. However, once such Private Placement Warrants are transferred (other than to Permitted Transferees under Section 2.6 hereof), the Company may redeem such Private Placement Warrants pursuant to Sections 6.1 or 6.2 hereof, provided that the criteria for redemption are met, including the opportunity of the holder of such Private Placement Warrants to exercise such Private Placement Warrants prior to redemption pursuant to Section 6.4 hereof. Private Placement Warrants that are transferred to persons other than Permitted Transferees shall upon such transfer cease to be Private Placement Warrants, and shall become Public Warrants under this Agreement.

Appears in 2 contracts

Samples: Warrant Agreement (Spartan Acquisition Corp. IV), Warrant Agreement (Spartan Acquisition Corp. IV)

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Exclusion of Private Placement Warrants. The Company New SPAC agrees that the redemption rights provided in Section Sections 6.1 and Section 6.2 hereof shall not apply to the Private Placement Warrants if at the time of the redemption such Private Placement Warrants continue to be held by the purchasers Purchasers or their Permitted Transferees. However, once such Private Placement Warrants are transferred (other than to Permitted Transferees under Section 2.6 hereof), the Company New SPAC may redeem such Private Placement Warrants pursuant to Sections 6.1 or and 6.2 hereof, provided that the criteria for redemption are met, including the opportunity of the holder of such Private Placement Warrants to exercise such the Private Placement Warrants prior to redemption pursuant to Section 6.4 hereof. Private Placement Warrants that are transferred to persons other than Permitted Transferees shall upon such transfer cease to be Private Placement Warrants, and shall become Public Warrants under this Agreement.

Appears in 2 contracts

Samples: Warrant Agreement (Hammerhead Energy Inc.), Warrant Agreement (Hammerhead Energy Inc.)

Exclusion of Private Placement Warrants. The Company agrees that the redemption rights provided in Section 6.1 6(a) and Section 6.2 6(b) hereof shall not apply to the Private Placement Warrants if at the time of the redemption such Private Placement Warrants continue to be held by the purchasers Sponsor or their its Permitted Transferees. However, once such Private Placement Warrants are transferred (other than to Permitted Transferees under in accordance with Section 2.6 2(f) hereof), the Company may redeem such the Private Placement Warrants pursuant to Sections 6.1 Section 6(a) or 6.2 6(b) hereof, provided that the criteria for redemption are met, including the opportunity of the holder of such Private Placement Warrants to exercise such the Private Placement Warrants prior to redemption pursuant to Section 6.4 6(d) hereof. Private Placement Warrants that are transferred to persons other than Permitted Transferees shall upon such transfer cease to be Private Placement Warrants, Warrants and shall become Public Warrants under this Agreement, including for purposes of Section 9(h) hereof.

Appears in 1 contract

Samples: Warrant Agreement (Velocity Merger Corp.)

Exclusion of Private Placement Warrants. The Company agrees that the redemption rights provided in this Section 6.1 and Section 6.2 hereof 6 shall not apply to either (a) the Private Placement Warrants if at the time of the redemption such Private Placement Warrants continue to be held by the initial purchasers or any of their Permitted Transferees, as applicable or (b) Post IPO Warrants if such Warrants provide that they are non-redeemable by the Company. However, once such Private Placement Warrants are transferred (other than to Permitted Transferees under Section 2.6 hereof2.5), the Company may redeem such the Private Placement Warrants pursuant to Sections 6.1 or 6.2 hereofWarrants, provided that the criteria for redemption are met, including the opportunity of the holder of such Private Placement Warrants to exercise such the Private Placement Warrants prior to redemption pursuant to Section 6.4 hereof7.3. Private Placement Warrants that are transferred to persons other than Permitted Transferees shall upon such transfer cease to be Private Placement Warrants, Warrants and shall become Public Warrants under this Agreement.

Appears in 1 contract

Samples: Warrant Agreement (Mondee Holdings, Inc.)

Exclusion of Private Placement Warrants. The Company agrees that the redemption rights provided in Section 6.1 and Section 6.2 hereof shall not apply to the Private Placement Warrants Warrants, if at the time of the redemption such Private Placement Warrants continue to be held by the purchasers Sponsor, the Representatives or any officers or directors of the Company, or any of their respective Permitted Transferees, as applicable. However, once such Private Placement Warrants are transferred (other than to a Permitted Transferees under Section 2.6 hereofTransferee), the Company may redeem such the Private Placement Warrants pursuant to Sections 6.1 Error! Reference source not found. or Section 6.2 hereof, provided that the criteria for redemption are met, including the opportunity of the holder of such Private Placement Warrants to exercise such the Private Placement Warrants prior to redemption pursuant to Section 6.4 hereof. The Private Placement Warrants that are transferred to persons other than Permitted Transferees shall upon such transfer cease to be Private Placement Warrants, Warrants and shall become Public Warrants under this Agreement, including for purposes of Section 9.8 hereof.

Appears in 1 contract

Samples: Warrant Agreement (Crixus BH3 Acquisition Corp.)

Exclusion of Private Placement Warrants. The Company agrees that the redemption rights provided in Section 6.1 and Section 6.2 hereof shall not apply to the Private Placement Warrants if at the time of the redemption such Private Placement Warrants continue to be held by any of the purchasers Sponsors, the Anchor Investor or their respective Permitted Transferees. However, once such Private Placement Warrants are transferred (other than to Permitted Transferees under in accordance with Section 2.6 hereof), the Company may redeem such the Private Placement Warrants pursuant to Sections 6.1 or 6.2 hereof, ; provided that the criteria for redemption are met, including the opportunity of the holder of such Private Placement Warrants to exercise such the Private Placement Warrants prior to redemption pursuant to Section 6.4 hereof. Private Placement Warrants that are transferred to persons other than Permitted Transferees shall upon such transfer cease to be Private Placement Warrants, Warrants and shall become Public Warrants under this Agreement, including for purposes of Section 9.8 hereof.

Appears in 1 contract

Samples: Warrant Agreement (Israel Amplify Program Corp.)

Exclusion of Private Placement Warrants. The Company agrees that the redemption rights provided in Section 6.1 and Section 6.2 hereof shall not apply to the Private Placement Warrants Warrants, if at the time of the redemption such Private Placement Warrants continue to be held by the purchasers Sponsor, the Representatives or any officers or directors of the Company, or any of their respective Permitted Transferees, as applicable. However, once such Private Placement Warrants are transferred (other than to a Permitted Transferees under Section 2.6 hereofTransferee), the Company may redeem such the Private Placement Warrants pursuant to Sections 6.1 or Section 6.2 hereof, provided that the criteria for redemption are met, including the opportunity of the holder of such Private Placement Warrants to exercise such the Private Placement Warrants prior to redemption pursuant to Section 6.4 hereof. The Private Placement Warrants that are transferred to persons other than Permitted Transferees shall upon such transfer cease to be Private Placement Warrants, Warrants and shall become Public Warrants under this Agreement, including for purposes of Section 9.8 hereof.

Appears in 1 contract

Samples: Warrant Agreement (Crixus BH3 Acquisition Co)

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Exclusion of Private Placement Warrants. The Company agrees that (a) the redemption rights provided in Section 6.1 and Section 6.2 hereof shall not apply to the Private Placement Warrants if at the time of the redemption such Private Placement Warrants continue to be held by the purchasers Sponsor or their its Permitted Transferees. However, once such Private Placement Warrants are transferred (other than to Permitted Transferees under in accordance with Section 2.6 hereof), the Company may redeem such the Private Placement Warrants pursuant to Sections Section 6.1 or 6.2 hereof, provided that the criteria for redemption are met, including the opportunity of the holder of such Private Placement Warrants to exercise such the Private Placement Warrants prior to redemption pursuant to Section 6.4 hereof. Private Placement Warrants that are transferred to persons other than Permitted Transferees shall upon such transfer cease to be Private Placement Warrants, Warrants and shall become Public Warrants under this Agreement, including for purposes of Section 9.8 hereof.

Appears in 1 contract

Samples: Warrant Agreement (Keter1 Acquisition Corp)

Exclusion of Private Placement Warrants. The Company agrees that the redemption rights provided in Section 6.1 and Section 6.2 hereof shall not apply to the Private Placement Warrants if at the time of the redemption such Private Placement Warrants continue to be held by the purchasers Altimar Sponsor or their its Permitted Transferees. However, once such Private Placement Warrants are transferred (other than to Permitted Transferees under in accordance with Section 2.6 hereof), the Company may redeem such the Private Placement Warrants pursuant to Sections Section 6.1 or 6.2 hereof, provided that the criteria for redemption are met, including the opportunity of the holder of such Private Placement Warrants to exercise such the Private Placement Warrants prior to redemption pursuant to Section 6.4 hereof. Private Placement Warrants that are transferred to persons other than Permitted Transferees shall upon such transfer cease to be Private Placement Warrants, Warrants and shall become Public Warrants under this Agreement, including for purposes of Section 9.8 hereof.

Appears in 1 contract

Samples: Warrant Agreement (Blue Owl Capital Inc.)

Exclusion of Private Placement Warrants. The Company agrees that the redemption rights provided in this Section 6.1 and Section 6.2 hereof 6 shall not apply to either (a) the Private Placement Warrants if at the time of the redemption such Private Placement Warrants continue to be held by the initial purchasers or any of their Permitted Transferees, as applicable or (b) Post IPO Warrants if such Warrants provide that they are non-redeemable by the Company. However, once such Private Placement Warrants are transferred (other than to Permitted Transferees under Section 2.6 hereof2.6), the Company may redeem such the Private Placement Warrants pursuant to Sections 6.1 or 6.2 hereofWarrants, provided that the criteria for redemption are met, including the opportunity of the holder of such Private Placement Warrants to exercise such the Private Placement Warrants prior to redemption pursuant to Section 6.4 hereof6.3. Private Placement Warrants that are transferred to persons other than Permitted Transferees shall upon such transfer cease to be Private Placement Warrants, Warrants and shall become Public Warrants under this Agreement.

Appears in 1 contract

Samples: Warrant Agreement (StoneBridge Acquisition Corp.)

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