Common use of Exercise After Notice of Redemption Clause in Contracts

Exercise After Notice of Redemption. The Warrants may be exercised, for cash (or on a “cashless basis” in accordance with Section 3.3.1(b) of this Agreement) at any time after notice of redemption shall have been given by the Company pursuant to Section 6.2 hereof and prior to the Redemption Date. In the event that the Company determines to require all holders of Warrants to exercise their Warrants on a “cashless basis” pursuant to Section 3.3.1, the notice of redemption shall contain the information necessary to calculate the number of Ordinary Shares to be received upon exercise of the Warrants, including the “Fair Market Value” (as such term is defined in Section 3.3.1(b) hereof) in such case. On and after the Redemption Date, the record holder of the Warrants shall have no further rights except to receive, upon surrender of the Warrants, the Redemption Price.

Appears in 20 contracts

Samples: Warrant Agreement (Semper Paratus Acquisition Corp), Warrant Agreement (Innovative International Acquisition Corp.), Warrant Agreement (Semper Paratus Acquisition Corp)

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Exercise After Notice of Redemption. The Public Warrants may be exercised, for cash (or on a “cashless basis” in accordance with Section 3.3.1(b) 3 of this Agreement) at any time after notice of redemption shall have been given by the Company pursuant to Section 6.2 hereof and prior to the Redemption Date. In the event that the Company determines to require all holders of Public Warrants to exercise their Warrants on a “cashless basis” pursuant to Section 3.3.13.3.1(b), the notice of redemption shall will contain the information necessary to calculate the number of Ordinary Shares shares of Common Stock to be received upon exercise of the Warrants, including the “Fair Market Value” (as such term is defined in Section 3.3.1(b) hereof)) in such case. On and after the Redemption Date, the record holder of the Warrants shall have no further rights except to receive, upon surrender of the Warrants, the Redemption Price.

Appears in 5 contracts

Samples: Warrant Agreement (EdtechX Holdings Acquisition Corp. II), Warrant Agreement (EdtechX Holdings Acquisition Corp. II), Warrant Agreement (EdtechX Holdings Acquisition Corp. II)

Exercise After Notice of Redemption. The Warrants This Warrant may be exercised, for cash (or on a “cashless basis” in accordance with Section 3.3.1(b2.3.1(b) of this Agreement) at any time after notice of redemption shall have been given by the Company pursuant to Section 6.2 5.2 hereof and prior to the Redemption Date. In the event that the Company determines to require all holders of Warrants the Holders to exercise their Warrants this Warrant on a “cashless basis” pursuant to Section 3.3.12.3.1, the notice of redemption shall contain the information necessary to calculate the number of Ordinary Shares shares of Common Stock to be received upon exercise of the Warrantsthis Warrant, including the “Fair Market Value” (as such term is defined in Section 3.3.1(b2.3.1(b) hereof) in such case. On and after the Redemption Date, the record holder of the Warrants this Warrant shall have no further rights except to receive, upon surrender of the Warrantsthis Warrant, the Redemption Price.

Appears in 3 contracts

Samples: Purple Innovation, Inc., Purple Innovation, Inc., Purple Innovation, Inc.

Exercise After Notice of Redemption. The Warrants may be exercised, for cash (or on a “cashless basis” in accordance with Section 3.3.1(b4.3.1(b) of this Agreement) at any time after notice of redemption shall have been given by the Company pursuant to Section 6.2 7.2 hereof and prior to the Redemption Date. In the event that the Company determines to require all holders of Warrants to exercise their Warrants on a “cashless basis” pursuant to Section 3.3.14.3.1, the notice of redemption shall contain the information necessary to calculate the number of Ordinary Shares to be received upon exercise of the Warrants, including the “Fair Market Value” (as such term is defined in Section 3.3.1(b4.3.1(b) hereof) in such case. On and after the Redemption Date, the record holder of the Warrants shall have no further rights except to receive, upon surrender of the Warrants, the Redemption Price.

Appears in 3 contracts

Samples: Warrant Agreement (European Sustainable Growth Acquisition Corp.), Warrant Agreement (Ads-Tec Energy Public LTD Co), Warrant Agreement (European Sustainable Growth Acquisition Corp.)

Exercise After Notice of Redemption. The Warrants may be exercised, for cash (or on a “cashless basis” in accordance with Section subsection 3.3.1(b) of this Agreement) at any time after notice of redemption shall have been given by the Company pursuant to Section 6.2 hereof 6.3 and prior to the Redemption Date. In the event that the Company determines to require all holders of Warrants to exercise their Warrants on a “cashless basis” pursuant to Section subsection 3.3.1, the notice of redemption shall contain the information necessary to calculate the number of Ordinary Shares to be received upon exercise of the Warrants, including the “Fair Market Value” (as such term is defined in Section subsection 3.3.1(b) hereof)) in such case. On and after the Redemption Date, the record holder of the Warrants shall have no further rights except to receive, upon surrender of the Warrants, the Redemption Price.

Appears in 3 contracts

Samples: Warrant Agreement (Genesis Park Acquisition Corp.), Warrant Agreement (Genesis Park Acquisition Corp.), Warrant Agreement (Genesis Park Acquisition Corp.)

Exercise After Notice of Redemption. The Warrants may be exercised, for cash (or on a “cashless basis” in accordance with Section 3.3.1(b) 3 of this Agreement) at any time after notice of redemption shall have been given by the Company pursuant to Section 6.2 hereof and prior to the Redemption Date. In the event that the Company determines to require all holders of Warrants to exercise their Warrants on a “cashless basis” pursuant to Section 3.3.13.3.1(b), the notice of redemption shall will contain the information necessary to calculate the number of Ordinary Shares shares of Common Stock to be received upon exercise of the Warrants, including the “Fair Market Value” (as such term is defined in Section subsection 3.3.1(b) hereof) in such case. On and after the Redemption Date, the record holder of the Warrants shall have no further rights except to receive, upon surrender of the Warrants, the Redemption Price.

Appears in 2 contracts

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

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Exercise After Notice of Redemption. The Warrants may be exercised, for cash (or on a “cashless basis” in accordance with Section 3.3.1(b) of this Agreement6.2 ) at any time after notice of redemption shall have been given by the Company pursuant to Section 6.2 hereof 6.3 and prior to the Redemption Date. In the event that the Company determines to require all holders of Warrants to exercise their Warrants on a “cashless basis” pursuant to Section subsection 3.3.1, the notice of redemption shall contain the information necessary to calculate the number of Ordinary Shares shares of Common Stock to be received upon exercise of the Warrants, including the “Fair Market Value” (as such term is defined in Section 3.3.1(b) hereofsubsection 3.3.1(c)) in such case. On and after the Redemption Date, the record holder of the Warrants shall have no further rights except to receive, upon surrender of the Warrants, the Redemption Price.

Appears in 1 contract

Samples: Form of Warrant Agreement (Trajectory Alpha Acquisition Corp.)

Exercise After Notice of Redemption. The Warrants may be exercised, for cash (or on a “cashless basis” in accordance with Section 3.3.1(b) of this Agreement) at any time after notice of redemption shall have been given by the Company pursuant to Section 6.2 hereof and prior to the Redemption Date. In the event that the Company determines to require all holders of Warrants to exercise their Warrants on a “cashless basis” pursuant to Section 3.3.1, the notice of redemption shall contain the information necessary to calculate the number of Ordinary Shares to be received upon exercise of the Warrants, including the “Fair Market Value” (as such term is defined in Section 3.3.1(b) hereof) in such case. On and after the Redemption Date, the record holder of the Warrants shall have no further rights except to receive, upon surrender of the Warrants, the Redemption Price.. ​

Appears in 1 contract

Samples: Warrant Agreement (ITHAX Acquisition Corp.)

Exercise After Notice of Redemption. The Warrants may be exercised, for cash (or on a “cashless basis” in accordance with Section 3.3.1(b) of this Agreementpursuant to subsection 3.3.1, if applicable) at any time after notice of redemption shall have been given by the Company pursuant to Section 6.2 hereof and prior to the Redemption Date. In the event that the Company determines to require all holders of Warrants to exercise their Warrants on a “cashless basis” pursuant to Section subsection 3.3.1, the notice of redemption shall contain the information necessary instructions on how to calculate the number of the number of Ordinary Shares to be received upon exercise of the Warrants, including the “Fair Market Value” (as such term is defined in Section subsection 3.3.1(b) hereof) in such case). On and after the Redemption Date, the record holder of the Warrants shall have no further rights except to receive, upon surrender of the Warrants, the Redemption Price.

Appears in 1 contract

Samples: Public Warrant Agreement (DP Cap Acquisition Corp I)

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