Common use of Warrant Agreements Clause in Contracts

Warrant Agreements. The undersigned hereby agree that the Warrant Agreement is hereby amended by adding the following last sentence to Section 3.3.2: “In no event will the registered holder of a Warrant be entitled to receive a net-cash settlement or other consideration in lieu of physical settlement in shares of Common Stock if the Common Stock underlying the Warrants is not covered by an effective registration statement.”

Appears in 3 contracts

Samples: Warrant Clarification Agreement (Jaguar Acquisition Corp.), Warrant Clarification Agreement (Argyle Security Acquisition CORP), Warrant Clarification Agreement (Great Wall Acquisition Corp)

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Warrant Agreements. The undersigned hereby agree that the Warrant Agreement is hereby amended by adding the following last sentence to Section 3.3.2: “In no event will the registered holder of a Warrant be entitled to receive a net-cash settlement or other consideration in lieu of physical settlement in shares of Common Stock if the Common Stock underlying the Warrants is not covered by an effective registration statement. In the absence of such an effective registration statement the Warrant may expire unexercised.”

Appears in 2 contracts

Samples: Warrant Clarification Agreement (Great Wall Acquisition Corp), Warrant Clarification Agreement (Great Wall Acquisition Corp)

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Warrant Agreements. The undersigned hereby agree that the Warrant Agreement is hereby amended by adding the following last sentence to Section 3.3.2: “In no event will the registered holder of a Warrant be entitled to receive a net-net cash settlement or other consideration in lieu of physical settlement in shares of Common Stock if the Common Stock underlying the Warrants is not covered by an effective registration statement.”

Appears in 1 contract

Samples: Warrant Clarification Agreement (Stone Arcade Acquisition CORP)

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