Common use of Redemption of Warrants for Cash Clause in Contracts

Redemption of Warrants for Cash. All, but not less than all, of the outstanding Warrants may be redeemed for cash, at the option of the Company, at any time during the Exercise Period, at the office of the Warrant Agent, upon notice to the Registered Holders of the Warrants, as described in Section 6.2 hereof, at a Redemption Price of $0.01 per Warrant, provided that the last reported sale price of the share of Common Stock has been at least $18.00 per share (subject to adjustment in compliance with Section 4 hereof), on each of twenty (20) trading days within the thirty (30) trading day period ending on the third (3rd) trading day prior to the date on which notice of the redemption is given and provided, that there is an effective registration statement covering the shares of Common Stock issuable upon exercise of the Warrants, and a current prospectus relating thereto, available throughout the 30-day Redemption Period (as defined in Section 6.2 hereof) or the Company has elected to require the exercise of the Warrants on a “cashless basis” pursuant to subsection 3.3.1(b) hereof.

Appears in 31 contracts

Samples: Warrant Agreement (Next.e.GO B.V.), Warrant Agreement (Live Oak Crestview Climate Acquisition Corp.), Warrant Agreement (FG Merger III Corp.)

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Redemption of Warrants for Cash. AllSubject to Section 6.5, but not less than all, all of the outstanding Warrants may be redeemed for cashredeemed, at the option of the Company, at any time during the Exercise Period, at the office of the Warrant Agent, upon notice to the Registered Holders of the Warrants, as described in Section 6.2 hereof6.3 below, at a Redemption Price of $0.01 per Warrant; provided, provided however, that (i) the last reported sale price of the share of Common Stock has been at least Ordinary Shares equals or exceeds $18.00 per share (subject to adjustment in compliance with Section 4 hereof), on each of 4) for any twenty (20) trading days within the a thirty (30) trading 30)-trading day period ending on the third (3rd) trading day prior to the date on which notice of the such redemption is given sent and provided, that (ii) there is an effective registration statement covering the shares issuance of Common Stock the Ordinary Shares issuable upon exercise of the Warrants, and a current prospectus relating thereto, available throughout the 30-day thirty (30)-day Redemption Period (as defined in Section 6.2 hereof6.3 below) or the Company has elected to require the exercise of the Warrants on a “cashless basis” pursuant to subsection 3.3.1(b) hereofSection 3.3.1 and such cashless exercise is exempt from registration under the Securities Act.

Appears in 16 contracts

Samples: Form of Warrant Agreement (SOAR Technology Acquisition Corp.), Form of Warrant Agreement (Hunt Companies Acquisition Corp. I), Warrant Agreement (SOAR Technology Acquisition Corp.)

Redemption of Warrants for Cash. All, but not less than all, of the outstanding Warrants may be redeemed for cash, at the option of the Company, at any time during the Exercise Period, at the office of the Warrant Agent, upon notice to the Registered Holders of the Warrants, as described in Section 6.2 8.2 hereof, at a Redemption Price of $0.01 per Warrant, provided that the last reported sale price of the share of Common Stock has been at least $18.00 per share (subject to adjustment in compliance with Section 4 hereof), on each of twenty (20) trading days within the thirty (30) trading day period ending on the third (3rd) trading day prior to the date on which notice of the redemption is given and provided, that there is an effective registration statement covering the shares of Common Stock issuable upon exercise of the Warrants, and a current prospectus relating thereto, available throughout the 30-day Redemption Period (as defined in Section 6.2 8.2 hereof) or the Company has elected to require the exercise of the Warrants on a “cashless basis” pursuant to subsection 3.3.1(b) or 3.3.1(c) hereof.

Appears in 8 contracts

Samples: Warrant Agreement (Athena Technology Acquisition Corp. II), Warrant Agreement (Athena Consumer Acquisition Corp.), Warrant Agreement (Athena Consumer Acquisition Corp.)

Redemption of Warrants for Cash. All, but not less than all, of the outstanding Warrants may be redeemed for cash, at the option of the Company, at any time during the Exercise Period, at the office of the Warrant Agent, upon notice to the Registered Holders of the Warrants, as described in Section 6.2 hereof, at a Redemption Price of $0.01 per Warrant, provided that the last reported sale price of the share of Common Stock Ordinary Share has been at least $18.00 per share (subject to adjustment in compliance with Section 4 hereof), on each of twenty (20) trading days within the thirty (30) trading day period ending on the third (3rd) trading day prior to the date on which notice of the redemption is given and provided, that there is an effective registration statement covering the shares of Common Stock Ordinary Shares issuable upon exercise of the Warrants, and a current prospectus relating thereto, available throughout the 30-day Redemption Period (as defined in Section 6.2 hereof) or the Company has elected to require the exercise of the Warrants on a “cashless basis” pursuant to subsection 3.3.1(b) hereof.

Appears in 7 contracts

Samples: Warrant Agreement (ALSP Orchid Acquisition Corp I), Public Warrant Agreement (Igniting Consumer Growth Acquisition Co LTD), Warrant Agreement (PepperLime Health Acquisition Corp)

Redemption of Warrants for Cash. All, but not less than all, of the outstanding Warrants may be redeemed for cash, at the option of the Company, at any time during the Exercise Period, at the office of the Warrant Agent, upon notice to the Registered Holders of the Warrants, as described in Section 6.2 hereof, at a Redemption Price of $0.01 per Warrant, provided that the last reported sale price of the share of Common Stock Ordinary Shares has been at least $18.00 per share (subject to adjustment in compliance with Section 4 hereof), on each of twenty (20) trading days within the thirty (30) trading day period ending on the third (3rd) trading day prior to the date on which notice of the redemption is given and provided, that there is an effective registration statement covering the shares of Common Stock Ordinary Shares issuable upon exercise of the Warrants, and a current prospectus relating thereto, available throughout the 30-day Redemption Period (as defined in Section 6.2 hereof) or the Company has elected to require the exercise of the Warrants on a “cashless basis” pursuant to subsection 3.3.1(b) hereof.

Appears in 4 contracts

Samples: Warrant Agreement (Spring Valley Acquisition Corp. II), Warrant Agreement (Victory Acquisition Corp.), Warrant Agreement (Spring Valley Acquisition Corp. II)

Redemption of Warrants for Cash. All, All but not less than all, all of the outstanding Warrants may be redeemed for cash, at the option of the Company, at any time during the Exercise Period, at the office of the Warrant Agent, upon notice to the Registered Holders of the Warrants, as described in Section 6.2 hereof, at a Redemption Price the price of $0.01 per Warrant, Warrant (the “Redemption Price”); provided that the last reported sale price of the share of Common Stock has been at least $18.00 per share (subject to adjustment in compliance with Section 4 hereof), on each of twenty (20) trading days within the thirty (30) trading trading-day period ending on the third (3rd) trading day prior to the date on which notice of the redemption is given and provided, given; provided further that there is an effective registration statement covering the shares of Common Stock issuable upon exercise of the Warrants, and a current prospectus relating thereto, available throughout the 30-day Redemption Period (as defined in Section 6.2 hereof) or the Company has elected to require the exercise of the Warrants on a “cashless basis” pursuant to subsection 3.3.1(b) hereofhereof and such cashless exercise is exempt from registration under the Securities Act.

Appears in 4 contracts

Samples: Warrant Agreement (Kimbell Tiger Acquisition Corp), Warrant Agreement (Kimbell Tiger Acquisition Corp), Warrant Agreement (Kimbell Tiger Acquisition Corp)

Redemption of Warrants for Cash. AllSubject to Section 6.5 hereof, but not less than all, all of the outstanding Warrants may be redeemed for cashredeemed, at the option of the Company, at any time during the Exercise Period, at the office of the Warrant Agent, upon notice to the Registered Holders of the Warrants, as described in Section 6.2 hereof6.3 below, at a Redemption Price the price of $0.01 per WarrantWarrant (the “Redemption Price”), provided that the last reported sale sales price of the share of Common Stock Ordinary Shares reported has been at least $18.00 per share (subject to adjustment in compliance with Section 4 hereof), on each of twenty (20) trading days within the thirty (30) trading day period ending on the third (3rd) trading day prior to the date on which notice of the redemption is given and provided, provided that there is an effective registration statement covering the shares of Common Stock Ordinary Shares issuable upon exercise of the Warrants, and a current prospectus relating thereto, available throughout the 30-day Redemption Period (as defined in Section 6.2 hereof6.3 below) or the Company has elected to require the exercise of the Warrants on a “cashless basis” pursuant to subsection 3.3.1(b) hereof3.3.1.

Appears in 3 contracts

Samples: Warrant Agreement (TortoiseEcofin Acquisition Corp. III), Warrant Agreement (TortoiseEcofin Acquisition Corp. III), Warrant Agreement (TortoiseEcofin Acquisition Corp. III)

Redemption of Warrants for Cash. All, but not less than all, of the outstanding Warrants may be redeemed for cash, at the option of the Company, at any time during the Exercise Period, at the office of the Warrant Agent, upon notice to the Registered Holders of the Warrants, as described in Section 6.2 hereof, at a Redemption Price of $0.01 per Warrant, provided that the last reported sale price of the share of Common Stock has been at least $18.00 per share (subject to adjustment in compliance with Section 4 hereof), on each of twenty (20) trading days within the thirty (30) trading day period ending on the third (3rd) trading day Business Day prior to the date on which notice of the redemption is given and provided, that there is an effective registration statement covering the shares of Common Stock issuable upon exercise of the Warrants, and a current prospectus relating thereto, available throughout the 30-day Redemption Period (as defined in Section 6.2 hereof) or the Company has elected to require the exercise of the Warrants on a “cashless basis” pursuant to subsection 3.3.1(b) hereof.

Appears in 3 contracts

Samples: Public Warrant Agreement (SilverBox Corp III), Warrant Agreement (SilverBox Corp III), Public Warrant Agreement (SilverBox Engaged Corp II)

Redemption of Warrants for Cash. All, but not less than all, of the outstanding Warrants may be redeemed for cash, at the option of the Company, at any time during the Exercise Period, at the office of the Warrant Agent, upon notice to the Registered Holders of the Warrants, as described in Section 6.2 hereof, at a Redemption Price redemption price of $0.01 per Warrant, Warrant (the “Redemption Price”); provided that the last reported sale price of the share shares of Common Stock has been at least $18.00 per share (subject to adjustment in compliance with Section 4 hereof), on each of twenty (20) trading days within the thirty (30) trading day period ending on the third (3rd) trading day prior to the date on which notice of the redemption is given and given; provided, further that there is an effective registration statement covering the shares of Common Stock issuable upon exercise of the Warrants, and a current prospectus relating thereto, available throughout the 30-day Redemption Period (as defined in Section 6.2 hereof) or the Company has elected to require the exercise of the Warrants on a “cashless basis” pursuant to subsection 3.3.1(b) hereof.

Appears in 2 contracts

Samples: Warrant Agreement (Power & Digital Infrastructure Acquisition II Corp.), Warrant Agreement (Power & Digital Infrastructure Acquisition II Corp.)

Redemption of Warrants for Cash. All, but not Not less than all, all of the outstanding Warrants may be redeemed for cash, at the option of the Company, at any time during the Exercise Period, at the office of the Warrant Agent, upon notice to the Registered Holders of the Warrants, as described in Section 6.2 hereof6.2, at a Redemption Price of $0.01 per Warrant; provided, provided however, that (i) the last reported sale price of the share of Common Stock has been at least Ordinary Shares equals or exceeds $18.00 per share (subject to adjustment in compliance with Section 4 hereof), on each of twenty 4) for any ten (2010) trading days within the thirty twenty (3020) trading day period ending on the third (3rd) trading day prior to the date on which notice of the such redemption is given given; and provided, further that (ii) there is an effective registration statement covering the shares of Common Stock Ordinary Shares issuable upon exercise of the Warrants, and a current prospectus relating thereto, available throughout the 30-day Day Redemption Period (as defined in Section 6.2 hereof6.2) or the Company has elected to require the exercise of the Warrants on a “cashless basis” pursuant to subsection 3.3.1(b) hereofSection 3.3.1 and such cashless exercise is exempt from registration under the Securities Act.

Appears in 2 contracts

Samples: Public Warrant Agreement (Waverley Capital Acquisition Corp. 1), Public Warrant Agreement (Waverley Capital Acquisition Corp. 1)

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Redemption of Warrants for Cash. All, but not Not less than all, all of the outstanding Warrants may be redeemed for cashredeemed, at the option of the Company, at any time during the Exercise Periodwhile they are exercisable and prior to their expiration, at the office of the Warrant Agent, upon notice to the Registered Holders of the Warrants, as described in Section 6.2 hereof6.3 below, at a the price (the “Redemption Price Price”) of $0.01 per Warrant, provided that the last reported sale sales price of the share of Common Stock Ordinary Shares reported has been at least $18.00 per share (subject to adjustment in compliance with Section 4 hereof), on each of twenty (20) trading days within the thirty (30) trading trading-day period ending on the third (3rd) trading day Business Day prior to the date on which notice of the redemption is given and provided, provided that there is an effective registration statement covering the shares of Common Stock Ordinary Shares issuable upon exercise of the Warrants, and a current prospectus relating thereto, available throughout the 30-day Redemption Period (as defined in Section 6.2 hereof6.3 below) or the Company has elected to require the exercise of the Warrants on a “cashless basis” pursuant to subsection 3.3.1(b) hereof3.3.1.

Appears in 2 contracts

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

Redemption of Warrants for Cash. AllSubject to Section 6.5, but not less than all, all of the outstanding Warrants may be redeemed for cashredeemed, at the option of the Company, at any time during the Exercise Period, at the office of the Warrant Agent, upon notice to the Registered Holders of the Warrants, as described in Section 6.2 hereof6.3 below, at a Redemption Price of $0.01 per Warrant; provided, provided however, that (i) the last reported sale sales price of the share of Common Stock has been at least Ordinary Shares equals or exceeds $18.00 per share (subject to adjustment in compliance with Section 4 hereof), on each of 4) for any twenty (20) trading days within the a thirty (30) trading 30)-trading day period ending on the third (3rd) trading day prior to the date on which notice of the such redemption is given sent and provided, that (ii) there is an effective registration statement covering the shares issuance of Common Stock the Ordinary Shares issuable upon exercise of the Warrants, and a current prospectus relating thereto, available throughout the 30-day thirty (30)-day Redemption Period (as defined in Section 6.2 hereof6.3 below) or the Company has elected to require the exercise of the Warrants on a “cashless basis” pursuant to subsection 3.3.1(b) hereofSection 3.3.1 and such cashless exercise is exempt from registration under the Securities Act.

Appears in 1 contract

Samples: Form of Warrant Agreement (Altimar Acquisition Corp. II)

Redemption of Warrants for Cash. All, but not Not less than all, all of the outstanding Warrants may be redeemed for cashredeemed, at the option of the Company, at any time during the Exercise Period, at the office of the Warrant Agentwhile they are exercisable and prior to their expiration, upon notice to the Registered Holders of the Warrants, as described in Section 6.2 hereof5.2 below, at a Redemption Price the price of $0.01 per Warrant, Warrant (the “Redemption Price”); provided that the last reported sale closing price of the share of Common Stock reported has been at least $18.00 per share (subject to adjustment in compliance with Section 4 3 hereof), on each of twenty (20) trading days within the thirty (30) trading trading-day period ending on the third (3rd) trading day Business Day prior to the date on which notice of the redemption is given and given; provided, further, that there is an effective registration statement covering the shares of Common Stock issuable upon exercise of the Warrants, and a current prospectus relating thereto, available throughout the 30-day period prior to the Redemption Period Date (as defined in Section 6.2 hereofsuch period, the “Redemption Period”) or the Company has elected to require the exercise of the Warrants on a “cashless basis” pursuant to subsection 3.3.1(b) hereof2.3.1 and such cashless exercise is exempt from registration under the Securities Act.

Appears in 1 contract

Samples: Securities Purchase Agreement (Graf Acquisition Corp. IV)

Redemption of Warrants for Cash. All, but not less than all, of the outstanding Warrants may be redeemed for cashredeemed, at the option of the Company, at any time during the Exercise Period, at the office of the Warrant Agent, upon notice to the Registered Holders of the Warrants, as described in Section 6.2 hereofbelow, at a Redemption Price the price of $0.01 per Warrant, Warrant (the “Redemption Price”); provided that the last reported sale closing price of the share of Common Stock Ordinary Shares reported has been at least $18.00 per share (subject to adjustment in compliance with Section 4 hereof), on each of for any twenty (20) trading days within the thirty (30) trading trading-day period ending on the third (3rd) trading day prior to the date on which notice of the redemption is given and provided, that given; provided further there is an effective registration statement covering the shares issuance of Common Stock the Ordinary Shares issuable upon exercise of the Warrants, and a current prospectus relating thereto, available throughout the 30-day Redemption Period (as defined in Section 6.2 hereofbelow) or the Company has elected to require the exercise of the Warrants on a “cashless basis” pursuant to subsection 3.3.1(b) hereof3.3.1 and such cashless exercise is exempt from registration under the Securities Act.

Appears in 1 contract

Samples: Warrant Agreement (LAMF Global Ventures Corp. I)

Redemption of Warrants for Cash. All, but not less than all, of the outstanding Warrants may be redeemed for cash, at the option of the Company, at any time during the Exercise Period, at the office of the Warrant Agent, upon notice to the Registered Holders of the Warrants, as described in Section 6.2 hereof, at a Redemption Price of $0.01 per Warrant, provided that the last reported sale price of the share of Common Stock Class A Ordinary Shares has been at least $18.00 per share (subject to adjustment in compliance with Section 4 hereof), on each of twenty (20) trading days within the thirty (30) trading day period ending on the third (3rd) trading day prior to the date on which notice of the redemption is given and provided, that there is an effective registration statement covering the shares of Common Stock Class A Ordinary Shares issuable upon exercise of the Warrants, and a current prospectus relating thereto, available throughout the 30-day Redemption Period (as defined in Section 6.2 hereof) or the Company has elected to require the exercise of the Warrants on a “cashless basis” pursuant to subsection 3.3.1(b) hereof.

Appears in 1 contract

Samples: Warrant Agreement (Valuence Merger Corp. I)

Redemption of Warrants for Cash. All, but not less than all, of the outstanding Warrants may be redeemed for cash, at the option of the Company, at any time during the Exercise Period, at the office of the Warrant Agent, upon notice to the Registered Holders of the Warrants, as described in Section 6.2 hereof, at a Redemption Price of $0.01 per Warrant, provided that the last reported sale price of the share of Common Stock has been at least $18.00 per share (subject to adjustment in compliance with Section 4 hereof), on each of twenty (20) trading days within the thirty (30) trading day period ending on the third (3rd) trading day Business Day prior to the date on which notice of the redemption is given and provided, that there is an effective registration statement covering the shares of Common Stock issuable upon exercise of the Warrants, and a current prospectus relating thereto, available throughout the thirty (30-) trading day Redemption Period (as defined in Section 6.2 hereof) period or the Company has elected to require the exercise of the Warrants on a “cashless basis” pursuant to subsection 3.3.1(b) hereof.

Appears in 1 contract

Samples: Public Warrant Agreement (SilverBox Engaged Corp II)

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