Common use of Exclusion of Private Placement Warrants Clause in Contracts

Exclusion of Private Placement Warrants. 6.5.1 The Company agrees that the redemption rights provided in Section 6.1 hereof shall apply to neither the Private Placement Warrants nor the Working Capital Warrants if at the time of the redemption such Private Placement Warrants or Working Capital Warrants continue to be held by the original holders thereof or any of their respective Permitted Transferees. However, once such Private Placement Warrants or Working Capital Warrants are transferred (other than to Permitted Transferees in accordance with Section 2.6), the Company may redeem such Private Placement Warrants or Working Capital Warrants pursuant to Section 6.1 hereof, provided that the criteria for redemption are met, including the opportunity of the holder of such Private Placement Warrants or Working Capital Warrants to exercise such Private Placement Warrants or Working Capital Warrants prior to redemption pursuant to Section 6.4. Private Placement Warrants and Working Capital Warrants that are transferred to persons other than Permitted Transferees shall upon such transfer cease to be Private Placement Warrant or Working Capital Warrants, respectively, and shall become Public Warrants under this Agreement.

Exclusion of Private Placement Warrants. 6.5.1 The Company agrees that the redemption rights provided in Section 6.1 hereof and Section 6.2 shall not apply to neither the Private Placement Warrants nor or the Working Capital Warrants if at the time of the redemption such Private Placement Warrants or Working Capital Warrants continue to be held by the original holders thereof Sponsor, Jefferies or any of their respective Permitted Transferees. However, once such Private Placement Warrants or Working Capital Warrants are transferred (other than to Permitted Transferees in accordance with Section 2.6), the Company may redeem such the Private Placement Warrants or and Working Capital Warrants pursuant to Section 6.1 hereofor 6.2, provided that the criteria for redemption are met, including the opportunity of the holder of such Private Placement Warrants or Working Capital Warrants to exercise such the Private Placement Warrants or Working Capital Warrants Warrants, as applicable, prior to redemption pursuant to Section 6.4. Private Placement Warrants and Working Capital Warrants that are transferred to persons other than Permitted Transferees shall upon such transfer cease to be Private Placement Warrant Warrants or Working Capital Warrants, respectivelyas the case may be, and shall become Public Warrants under this Agreement, including for purposes of Section 9.8.