Underlying Warrants. At any time after exercise by the Holder of this Purchase Option, the Holder may exchange his Warrants (with a $6.25 exercise price) for Public Warrants (with a $5.00 exercise price) upon payment to the Company of the difference between the exercise price of his Warrant and the exercise price of the Public Warrants.
Underlying Warrants. The form of the certificate representing the Underlying Warrants (and the form of election to purchase shares of Common Stock upon the exercise of the Underlying Warrants and the form of assignment printed on the reverse thereof) shall be substantially as set forth in the exhibits to the Warrant Agreement. Subject to the terms of this Agreement, one (1) Underlying Warrant shall evidence the right to initially purchase one (1) fully-paid and non-assessable share of Common Stock at an initial purchase price of $8.25 during the five (5) year period commencing on the Effective Date of the Registration Statement, at which time the Underlying Warrants, unless the exercise period has been extended, shall expire. The exercise price of the Underlying Warrants and the number of shares of Common Stock issuable upon the exercise of the Underlying Warrants are subject to adjustment, whether or not the Warrants have been exercised and the Underlying Warrants have been issued, in the manner and upon the occurrence of the events set forth in the Warrant Agreement, which is hereby incorporated herein by reference and made a part hereof as if set forth in its entirety herein. Subject to the provisions of this Agreement and upon issuance of the Underlying Warrants, each registered holder of such Underlying Warrant shall have the right to purchase from the Company (and the Company shall issue to such registered holders) up to the number of fully-paid and non-assessable shares of Common Stock (subject to adjustment as provided in the Warrant Agreement) set forth in such Warrant Certificate, free and clear of all preemptive rights of stockholders, provided that such registered Holder complies with the terms governing exercise of the Underlying Warrant set forth in the Warrant Agreement, and pays the applicable exercise price, determined in accordance with the terms of the Warrant Agreement. Upon exercise of the Underlying Warrants, the Company shall forthwith issue to the registered Holder of any such Underlying Warrant in his name or in such name as may be directed by him, certificates for the number of shares of Common Stock so purchased. Except as otherwise provided herein and in this Agreement, the Underlying Warrants shall be governed in all respects by the terms of the Warrant Agreement. The Underlying Warrants shall be transferrable in the manner provided in the Warrant Agreement, and upon any such transfer, a new Underlying Warrant certificate shall be issued promptly t...
Underlying Warrants. At any time after exercise by the Holder of this Purchase Option, the Holder may exchange his Warrants for Public Warrants upon payment to the Company of the difference between the exercise price of his Warrant and the exercise price of the Public Warrants, if any.
Underlying Warrants. At any time after exercise by a Holder of this Purchase Option, a Holder may exchange its Warrants (with an initial exercise price of $____) for Public Warrants (with an initial exercise price of $___) upon payment to the Company of the difference between the exercise price of its Warrant and the exercise price of the Public Warrants. Any such Public Warrants and the Common Stock underlying such Public Warrants shall constitute Registrable Securities.
Underlying Warrants. At any time after exercise by a Holder of this Purchase Option, such Holder may exchange its Warrants for Public Warrants, but only to the extent that such exchange may be made in compliance with applicable federal and state securities laws.
Underlying Warrants. The form of the certificate representing the Underlying Warrants (and the form of election to purchase shares of Common Stock upon the exercise of the Underlying Warrants and the form of assignment printed on the reverse thereof) shall be substantially as set forth in the exhibits to the
Underlying Warrants. The Exercise Price initially is $5.92.
Underlying Warrants. The underlying warrants shall be governed by the Public Warrant Agreement, including Section 13 of the Public Warrant Agreement, and the form of the certificates representing the Underlying Warrants (and the form of election to purchase shares of Class A Common Stock upon the exercise of the Underlying Warrants and the form of assignment printed on the reverse thereof) shall be substantially as set forth in Exhibit "A" to the Public Warrant Agreement, provided, however, (i) each Underlying Warrant issuable upon exercise of the Warrants shall evidence the right to initially purchase one fully paid and non-assessable share of Class A Common Stock in respect of the Underlying Warrant at an initial purchase price of $7.50 per share until _______, 2003 and (ii) the Target Redemption Price (as defined in the Public Warrant Agreement) of the Underlying Warrants is 134% of the then effective exercise
Underlying Warrants. The form of the certificate representing the Underlying Warrants (and the form of election to purchase shares of Common Stock upon the exercise of the Underlying Warrants and the form of assignment printed on the reverse thereof) shall be substantially as set forth in the exhibits to the Warrant Agreement. Subject to the terms of this Agreement, one (1) Underlying Warrant shall evidence the right to initially purchase one (1) fully-paid and non-assessable share of Common Stock at an initial purchase price of $120% of the public offering price during the five (5) year period commencing on the Effective Date of the Registration Statement, at which time the Underlying Warrants, unless the exercise period has been extended, shall expire. The exercise price of the Underlying Warrants and the number of shares of Common Stock issuable upon the exercise of
Underlying Warrants. At any time after exercise by the Holder of this Purchase Option, the Holder may exchange his Warrants for Public Warrants.
