Common use of Treatment of Company Warrants Clause in Contracts

Treatment of Company Warrants. Contingent on and effective immediately prior to the Effective Time, the Company Warrants shall be (i) treated in accordance with the terms of the relevant agreements governing such Company Warrants, and (ii) converted into shares of Company Common Stock (which shares of Company Common Stock shall be treated in accordance with Section 3.2(b)).

Appears in 2 contracts

Samples: Merger Agreement (Aerkomm Inc.), Merger Agreement (IX Acquisition Corp.)

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Treatment of Company Warrants. Contingent on and effective immediately prior to the Effective Time, the all Company Warrants outstanding immediately prior to the Effective Time shall be (i) treated in accordance with the terms of the relevant agreements governing such Company Warrants, and (ii) converted into shares of exercised for Company Preferred Stock or Company Common Stock Stock, as applicable (which shares of Company Preferred Stock or Company Common Stock shall be treated in accordance with Section 3.2(b3.1(b) or Section 3.1(c)), and (iii) cancelled and extinguished.

Appears in 1 contract

Samples: Merger Agreement (Viveon Health Acquisition Corp.)

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Treatment of Company Warrants. Contingent on and effective immediately prior to the First Effective Time, the all Company Warrants outstanding immediately prior to the First Effective Time shall be (i) treated in accordance with the terms of the relevant agreements governing such Company Warrants, and (ii) converted into shares of exercised for Company Common Stock (Stock, which shares of Company Common Stock shall be treated in accordance with Section 3.2(b3.1(c)), and (iii) cancelled and extinguished.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (EdtechX Holdings Acquisition Corp. II)

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