Terms of the Warrant Sample Clauses

Terms of the Warrant. The Warrants are substantially identical to the warrants included in the units offered in the IPO as set forth in the Warrant Agreement to be entered into with Continental Stock Transfer and Trust Company on or prior to the closing of the IPO, except: (i) they will be placed in escrow and not released before, except in limited circumstances, 30 days following the consummation of a Business Combination, (ii) they are being purchased pursuant to an exemption from the registration requirements of the Securities Act and will become freely tradable only after they are registered pursuant to the Registration Rights Agreement to be signed on or before the date of the prospectus relating to the Company’s IPO, and (iii) if held by the original holders or their permitted assigns, (a) they will be non-redeemable, (b) they will be exercisable on a “cashlessbasis and (c) with respect to the Warrants being purchased by the underwriters of the IPO, they will expire five years from the effective date of the registration statement for the units sold in the IPO.
Terms of the Warrant. The terms of the Warrants are set forth in the form of the Definitive Certificate attached hereto as Annex C, which form is incorporated by reference into this Warrant Agreement. If there is any discrepancy between any Section of this Warrant Agreement or the Global Certificate applicable to the Warrants and the form of Definitive Certificate attached hereto as Annex C, the form of Definitive Certificate shall govern and control.
Terms of the Warrant. The Warrants are similar to the warrants included in the units offered in the IPO, except that: (i) they are not being registered in the Registration Statement; (ii) they are not transferable until the consummation of a Business Combination; and (iii) they are not redeemable so long as they are held by the initial holder thereof (or any of their permitted transferees); and (iv) they may be exercised on a “cashlessbasis so long as they are held by the initial holder thereof (or any of their permitted transferees). The Warrant Shares will be granted certain registration rights. In no event will the Company be required to net cash settle the Warrant exercise.
Terms of the Warrant. SECTION 1.1 Subject to the provisions of Section 3.1 hereof, this Warrant may be exercised at any time and from time to time after 9:00 A.M., Dallas, Texas, time, on the date hereof (the "Exercise Commencement Date"), but no later than 5:00 P.M., Dallas, Texas, time, December , 2001 (the "Expiration Time"). If this Warrant is not exercised on or before the Expiration Time it shall become void, and all rights hereunder shall thereupon cease.
Terms of the Warrant. Section 1.01 Subject to the provisions of Sections 1.05 hereof, this Warrant may be exercised at any time and from time to time after the date hereof (the "Commencement Date"), but no later than 5:00 P.M., New York City time, on May 18, 2008 (the "Expiration Time"). If May 18, 2008 is a day on which banking institutions are authorized by law to close, then the date on which this Warrant shall expire shall be the next succeeding day which shall not be such a day. If this Warrant is not exercised on or before the Expiration Time it shall become void, and all rights hereunder shall thereupon cease.
Terms of the Warrant. The Warrants are substantially identical to the warrants included in the units offered in the IPO, except that: (i) the Warrants (including the shares of Common Stock issuable upon exercise of the Warrants) are subject to the transfer restrictions described in Section 5 and Section 6 of this Agreement, (ii) the Warrants are not redeemable by the Company so long as they are held by the Subscriber or its permitted assigns (as such term is defined in the Company’s final prospectus relating to the IPO), and (iii) the Warrants may be exercised on a cashless basis at any time after the Warrants become exercisable if held by the Subscriber or its permitted assigns.
Terms of the Warrant. The Warrants are similar to the warrants included in the units offered in the IPO, except that: (i) they are not being registered in the Registration Statement; (ii) they are not transferable until the consummation of a Business Combination; and (iii) they are not redeemable so long as they are held by the initial holder thereof (or any of their permitted transferees); and (iv) they may be exercised on a “cashlessbasis so long as they are held by the initial holder thereof (or any of their permitted assigns). The Warrant Shares will be granted certain registration rights. In no event will the Company be required to net cash settle the Warrant exercise. In the event the Warrants are exercised on a “cashless” basis the holder thereof shall surrender his or her Warrant for that number of shares of Common Stock equal to the quotient obtained by dividing (x) the product of the number of shares of Common Stock underlying the Warrant, multiplied by the difference between the Warrant Exercise Price and the Fair Market Value (as defined below) by (y) the Fair Market Value. The “
Terms of the Warrant. The Warrants are substantially identical to the warrants included in the units offered in the IPO, except: (i) they will not have a claim to the funds held in the trust account, (ii) they will be placed in escrow and not released before, except in limited circumstances, until 30 days after the consummation of a Business Combination, (iii) they are being purchased pursuant to an exemption from the registration requirements of the Securities Act and will become freely tradable only after they are registered pursuant to a registration rights agreement to be signed on or before the date of this prospectus, (iv) they will be non-redeemable so long as they are held by the initial holder thereof (or any of its permitted transferees), and (v) they are exercisable (a) on a “cashlessbasis if held by the initial holder thereof or its permitted assigns and (b) in the absence of an effective registration statement covering the shares of common stock underlying the warrants. In no event will the Company be required to net cash settle the Warrant exercise. For purposes of the transfer restrictions described herein, “permitted transferee” means a transfer (i) to the members of Subscriber upon the dissolution and liquidation of Subscriber; (ii) by gift to an immediate family member of Subscribers’ members or to a trust, the beneficiary of which is a member of Subscriber or a member of the immediate family of Subscribers’ members, (iii) by virtue of the laws of descent and distribution upon death of any member of Subscriber, (iv) pursuant to a qualified domestic relations order, (v) in the event of the Company’s liquidation prior to its completion of a Business Combination or (vi) in the event of the Company’s consummation of a liquidation, merger, stock exchange or other similar transaction which results in all of its stockholders having the right to exchange their shares of Common Stock for cash, securities or other property subsequent to the Company’s consummation of its initial Business Combination, provided, however, such permitted transferees must enter into a written agreement agreeing to be bound by these transfer restrictions.
Terms of the Warrant. The rights, privileges and preferences of the Warrants shall be stated in the Stock Purchase Warrants, the forms of which are attached hereto as Exhibits B-1 and B-2.
Terms of the Warrant. A. Subject to the provisions of Sections I.E. and III.A. hereof, this Warrant may be exercised at any time and from time to time after _______________, 2001 (the "EXERCISE COMMENCEMENT DATE"), but no later than 5:00 P.M., New York time, ______________________ (the "EXPIRATION TIME"). If this Warrant is not exercised on or before the Expiration Time it shall become void, and all rights hereunder shall thereupon cease.