Sponsor Private Placement Warrants definition

Sponsor Private Placement Warrants shall have the meaning given in the Recitals hereto.
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Sponsor Private Placement Warrants shall have the meaning given in the Preamble.
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Sponsor Private Placement Warrants means the 3,850,000 warrants (or up to 4,180,000 warrants pro rata to the extent that the over-allotment option of the underwriters in connection with the Company’s initial public offering was exercised) agreed to be purchased by the Sponsor at a price of $1.00 per warrant pursuant to that certain Private Placement Warrant Subscription Agreement dated July 30, 2020 by and between the Company and the Sponsor.
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Examples of Sponsor Private Placement Warrants in a sentence

  • Notwithstanding the foregoing and for the avoidance of doubt, this Section 4.8 shall apply on an equivalent basis to any outstanding Sponsor Private Placement Warrants, Working Capital Warrants and Public Warrants.

  • If a covered institution’s application for an extension or exception were to be granted by the FDIC, then the covered institution would need to ensure that its IT system can, in the event of its failure, do three things.

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  • Upon issuance in accordance with, and payment pursuant to, the terms hereof and the Warrant Agreement, the Placement Warrants will be duly and validly issued and the Shares issuable upon exercise of the Sponsor Private Placement Warrants will be duly and validly issued, fully paid and nonassessable.

  • On the Over-allotment Closing Date, upon the payment by the Purchaser of the Over-allotment Purchase Price payable by them by wire transfer of immediately available funds to the Company, the Company shall either, at its option, deliver certificates evidencing the Sponsor Private Placement Warrants purchased by the Purchaser on such date duly registered in the Purchaser’s name to the Purchaser, or effect such delivery in book-entry form.

  • On the Initial Closing Date, the Company, shall either, at its option, deliver certificates evidencing the Sponsor Private Placement Warrants purchased by the Purchaser on such date duly registered in the Purchaser’s name to the Purchaser, or effect such delivery in book-entry form.

  • Upon each issuance of Sponsor Private Placement Warrants in accordance with, and payment pursuant to, the terms of the Warrant Agreement and this Agreement, the Sponsor Private Placement Warrants will constitute valid and binding obligations of the Company, enforceable in accordance with their terms.

  • Forward Purchase Private Placement Warrants, Sponsor Private Placement Warrants or Working Capital Warrants that are transferred to persons other than Permitted Transferees shall upon such transfer cease to be Forward Purchase Private Placement Warrants, Sponsor Private Placement Warrants or Working Capital Warrants and shall become Redeemable Warrants under this Agreement.

  • However, once such Forward Purchase Private Placement Warrants, Sponsor Private Placement Warrants or Working Capital Warrants are transferred (other than to Permitted Transferees in accordance with Section 2.7), the Company may redeem the Forward Purchase Private Placement Warrants, Sponsor Private Placement Warrants or the Working Capital Warrants pursuant to Section 6.1, provided that the criteria for redemption are met.

  • Each of the Working Capital Warrants shall be identical to the Sponsor Private Placement Warrants.


More Definitions of Sponsor Private Placement Warrants

Sponsor Private Placement Warrants simultaneously with the closing of the Offering at a purchase price of $1.50 per warrant and in connection therewith, will issue and deliver up to an aggregate of 3,777,778 warrants (or 4,177,778 warrants if the over-allotment option is exercised in full) bearing the legend set forth in Exhibit B hereto;
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Sponsor Private Placement Warrants means the Private Placement Warrants other than the Crestview Private Placement Warrants.
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Sponsor Private Placement Warrants means the warrants purchased by the Sponsor pursuant to that certain Private Placement Warrants Purchase Agreement between the Company and the Sponsor, dated as of April 19, 2020.
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Sponsor Private Placement Warrants has the meaning given to such term in the Recitals.
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Sponsor Private Placement Warrants shall have the meaning given in the Preamble. ‘Underwriter’ shall mean a securities dealer who purchases any Registrable Securities as principal in an Underwritten Offering and not as part of such dealer’s market-making activities.
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Sponsor Private Placement Warrants means (i) the warrants of SPAC purchased by the Sponsor pursuant to that certain Private Placement Warrants Purchase Agreement between SPAC and the Sponsor, dated as of January 21, 2021, and (ii) any equity securities of the Company (including any shares of Company Stock) issued upon conversion of any outstanding loan balance in an amount up to $1,500,000 made to SPAC by the Sponsor under that certain Promissory Note, dated as of February 16, 2022, between SPAC and Sponsor, as amended by Section 10 of the Sponsor Agreement.
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Related to Sponsor Private Placement Warrants

  • Private Placement Warrants shall have the meaning given in the Recitals hereto.

  • Private Placement Shares shall have the meaning given in the Recitals hereto.

  • Private Placement Lock-up Period means, with respect to Private Placement Warrants that are held by the initial purchasers of such Private Placement Warrants or their Permitted Transferees, and any of the Ordinary Shares issued or issuable upon the exercise or conversion of the Private Placement Warrants and that are held by the initial purchasers of the Private Placement Warrants or their Permitted Transferees, the period ending 30 days after the completion of the Company’s initial Business Combination.

  • Parent Warrants shall have the meaning assigned to it in Section 1.7(c) hereof.

  • Sponsor Warrants shall have the meaning given in the Recitals hereto.

  • SPAC Warrants means the SPAC Public Warrants and the SPAC Private Placement Warrants.

  • Common Warrants means, collectively, the Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Common Warrants shall be exercisable immediately and have a term of exercise equal to five (5) years, in the form of Exhibit A attached hereto.

  • Private Placement Memorandum means offering materials prepared in accordance with Section 4 (including materials referred to therein or incorporated by reference therein, if any) provided to purchasers and prospective purchasers of the Notes, and shall include amendments and supplements thereto which may be prepared from time to time in accordance with this Agreement (other than any amendment or supplement that has been completely superseded by a later amendment or supplement).

  • Series B Warrants means, collectively, the Series B Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof and the other Series B Warrants contemplated under Section 2.1 to be issued concurrently at the Closing, which Series B Warrants shall be exercisable beginning immediately and have a term of exercise equal to five (5) years, in the form of Exhibit B-2 attached hereto.