Common use of Redemption of Warrants When the Price Clause in Contracts

Redemption of Warrants When the Price. per Class A Ordinary Share Equals or Exceeds $18.00. Subject to Section 6.4 hereof, not less than all of the outstanding Warrants may be redeemed, at the option of the Company, at any time during the Exercise Period, at the office of the Warrant Agent, upon the notice referred to in Section 6.2 below, at a Redemption Price of $0.01 per Warrant, provided that (a) the Reference Value (as defined below) equals or exceeds $18.00 per share (subject to adjustment in compliance with Section 4 hereof) and (b) there is an effective registration statement covering the issuance of the 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 below).

Appears in 13 contracts

Samples: Backstop Warrant Agreement (Tiga Acquisition Corp.), Warrant Agreement (Tiga Acquisition Corp. II), Warrant Agreement (Tiga Acquisition Corp. III)

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Redemption of Warrants When the Price. per Class A Ordinary Share Equals or Exceeds $18.00. Subject to Section 6.4 6.5 hereof, not less than all of the outstanding Warrants may be redeemed, at the option of the Company, at any time during the Exercise Period, at the office of the Warrant Agent, upon notice to the notice referred to Registered Holders of the Warrants, as described in Section 6.2 6.3 below, at a Redemption Price of $0.01 per Warrant, provided that (a) the Reference Value (as defined below) equals or exceeds $18.00 per share (subject to adjustment in compliance with Section 4 hereof) and (b) there is an effective registration statement covering the issuance of the Class A ordinary shares 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 6.3 below).

Appears in 5 contracts

Samples: Warrant Agreement (Orion Biotech Opportunities Corp.), Warrant Agreement (Orion Biotech Opportunities Corp.), Warrant Agreement (MSD Acquisition Corp. / New)

Redemption of Warrants When the Price. per Class A Ordinary Share Equals or Exceeds $18.00. Subject to Section 6.4 6.5 hereof, not less than all of the outstanding Warrants may be redeemed, at the option of the Company, at any time during the Exercise Period, at the office of the Warrant Agent, upon notice to the notice referred to Registered Holders of the Warrants, as described in Section 6.2 6.3 below, at a Redemption Price of $0.01 per Warrant, provided that (a) the Reference Value (as defined below) equals or exceeds $18.00 per share (subject to adjustment in compliance with Section 4 hereof) and (b) there is an effective registration statement covering the issuance of the Class A ordinary shares 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 6.3 below).

Appears in 2 contracts

Samples: Warrant Agreement (Jaws Juggernaut Acquisition Corp), Warrant Agreement (Jaws Juggernaut Acquisition Corp)

Redemption of Warrants When the Price. per Class A Ordinary Per Share of Common Stock Equals or Exceeds $18.0018. Subject to Section 6.4 6.5 hereof, not less than all of the outstanding Warrants may be redeemed, at the option of the Company, at any time during the Exercise Period, at the office of the Warrant Agent, upon notice to the notice referred to Registered Holders of the Warrants, as described in Section 6.2 6.3 below, at a Redemption Price of $0.01 per Warrant, provided that (a) the Reference Value (as defined below) equals or exceeds $18.00 per share (subject to adjustment in compliance with Section 4 hereof) and (b) there is an effective registration statement covering the issuance of the Class A ordinary 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 6.3 below).

Appears in 1 contract

Samples: Warrant Agreement (Empowerment & Inclusion Capital I Corp.)

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Redemption of Warrants When the Price. per Class A Ordinary Share Equals or Exceeds $18.00. Subject to Section 6.4 6.5 hereof, not less than all of the outstanding Warrants may be redeemed, at the option of the Company, at any time during the Exercise Period, at the office of the Warrant Agent, upon notice to the notice referred to Registered Holders of the Warrants, as described in Section 6.2 6.3 below, at a Redemption Price of $0.01 per Warrant, provided that (a) the Reference Value (as defined below) equals or exceeds $18.00 per share (subject to adjustment in compliance with Section 4 hereof) and (b) there is an effective registration statement covering the issuance of the Class A ordinary 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 6.3 below).

Appears in 1 contract

Samples: Warrant Agreement (Jaws Hurricane Acquisition Corp)

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