Common use of Redemption of Warrants Clause in Contracts

Redemption of Warrants. (a) The Company may call the Public Warrants for redemption at a price of $0.01 per Public Warrant, upon not less than 30 days’ prior written notice of redemption to each Public Warrant holder, at any time after such Public Warrants have become exercisable pursuant to Section 6(a), if, and only if, (i) the Closing Price has equaled or exceeded $17.50 (the “Redemption Threshold”) per share for any 20 trading days within a 30-trading-day period ending on the third trading day prior to the notice of redemption to Public Warrant holders and (ii) at all times between the date of such notice of redemption and the redemption date a registration statement is in effect covering the Warrant Shares issuable upon exercise of the Public Warrants and a current prospectus relating to those Warrant Shares is available. (b) The “Closing Price” of the common stock on any date of determination means: (i) the closing sale price for the regular trading session (without considering after hours or other trading outside regular trading session hours) of the common stock (regular way) as reported in the composite transactions for the principal United States securities exchange on which the common stock is so listed on that date (or, if no closing price is reported, the last reported sale price during that regular trading session), or (ii) if the common stock is not so listed, the last quoted sales price for the common stock in the over-the-counter market as reported by the OTC Bulletin Board, the National Quotation Bureau or similar organization, or (iii) if the common stock is not so quoted, the average of the mid-point of the last bid and ask prices for the common stock from at least three nationally recognized investment-banking firms that the Company selects for this purpose.

Redemption of Warrants. (a) The Company may call the Public Warrants for redemption at a price of $0.01 per Public Warrant, upon not less than 30 days’ prior written notice of redemption to each Public Warrant holder, at any time after such Public Warrants have become exercisable pursuant to Section 6(a)6.1 above, if, and only if, (i) the Closing Price has equaled or exceeded $17.50 15.00 (the “Redemption Threshold”) per share for any 20 trading days within a 30-trading-day period ending on the third trading day prior to the notice of redemption to Public Warrant holders and (ii) at all times between the date of such notice of redemption and the redemption date a registration statement is in effect covering the Warrant Shares issuable upon exercise of the Public Warrants and a current prospectus relating to those Warrant Shares is available. Notwithstanding the foregoing, the Warrants issued to the underwriter of the Company’s initial public offering pursuant to their unit purchase option, shall not be redeemable by the Company. (b) The “Closing Price” of the common stock ordinary shares on any date of determination means: (i) the closing sale price for the regular trading session (without considering after hours or other trading outside regular trading session hours) of the common stock ordinary shares (regular way) as reported in the composite transactions for the principal United States securities exchange on which the common stock is ordinary shares are so listed on that date (or, if no closing price is reported, the last reported sale price during that regular trading session), or (ii) if the common stock is ordinary shares are not so listed, the last quoted sales price for the common stock in the over-the-counter market ordinary shares as reported by the OTC Bulletin Board, the National Quotation Bureau or similar organization, or (iii) if the common stock is ordinary shares are not so quoted, the average of the mid-point of the last bid and ask prices for the common stock ordinary shares from at least three nationally recognized investment-banking firms that the Company selects for this purpose.

Redemption of Warrants. (a) The Company may call the Public Warrants for redemption redemption, in whole and not in part, at a price of $0.01 per Public Warrant, upon not less than 30 days’ ' prior written notice of redemption to each Public Warrant holder, at any time after such Public Warrants have become exercisable pursuant to Section 6(a)) above, if, and only if, (iA) the Closing Price has equaled or exceeded $17.50 (the “Redemption Threshold”) 14.25 per share for any 20 trading days within a 30-trading-day period ending on the third trading day Business Day prior to the notice of redemption to Public Warrant holders and (iiB) at all times between the date of such notice of redemption and the redemption date a registration statement filed pursuant to the Securities Act is in effect covering the Warrant Shares issuable upon exercise of the Public Warrants and a current prospectus relating to those Warrant Shares is available. (b) . The “"Closing Price” " of the common stock Common Stock on any date of determination means: (iA) the closing last reported sale price for the regular trading session (without considering after hours or other trading outside regular trading session hours) of the common stock Common Stock (regular way) as on the American Stock Exchange on that date, (B) if the Common Stock is not listed for trading on the American Stock Exchange on that date, the last reported sale price reported in the composite transactions for the principal United States securities exchange on which the common stock Common Stock is so listed on that date listed, (or, C) if no closing price the Common Stock is not so reported, the last reported sale price during that regular trading session), or (ii) if the common stock is not so listed, the last quoted sales bid price for the common stock Common Stock in the over-the-counter market as reported by the OTC Bulletin Board, the National Quotation Bureau or similar organization, or (iiiD) if the common stock Common Stock is not so quoted, the average of the mid-point of the last bid and ask prices for the common stock Common Stock from at least three nationally recognized investment-investment banking firms that the Company selects for this purpose. Upon a call for redemption of Warrants by the Company, the Company shall have the right to require all holders of Warrants subject to redemption who exercise such Warrants after the Company's call for redemption to do so on a cashless basis in accordance with the procedures set forth in Section 6(d) hereof. Notwithstanding the foregoing, none of the Sponsor's Warrants shall be redeemable at the option of the Company so long as they are held by the Sponsor, its affiliates or a Permitted Transferee; provided that the fact that one or more Sponsor's Warrants are non-redeemable by operation of this sentence shall not affect the Company's right to redeem, pursuant to the other provisions of this Section 6(b), the Public Warrants and the Sponsor's Warrants that are not held by the Sponsor, its affiliates or a Permitted Transferee. Any Sponsor's Warrants not held by the Sponsor, its affiliates or a Permitted Transferee shall become Public Warrants and subject to the same terms and conditions hereunder as all other Public Warrants.

Redemption of Warrants. (a) 3.4.1 The Company may call the Public Warrants for redemption at a price of $0.01 per Public Warrant, upon not less than 30 days’ prior written notice of redemption to each Public Warrant holder, at any time after such Public Warrants have become exercisable pursuant to Section 6(a)3.2, if, and only if, (i) the Closing Price (defined below) has equaled or exceeded $17.50 (the “Redemption Threshold”) [_____] per share for any 20 10 trading days within a 30-trading-day period ending on the third trading day prior to the notice of redemption to Public Warrant holders and (ii) at all times between the date of such notice of redemption and the redemption date a registration statement is in effect and a current prospectus is available covering the Warrant Shares shares of Common Stock issuable upon exercise of the Public Warrants and a current prospectus relating to those Warrant Shares is availableWarrants. (b) 3.4.2 The “Closing Price” of the common stock Common Stock on any date of determination means: (ia) the closing sale price for the regular trading session (without considering after hours or other trading outside regular trading session hours) of the common stock Common Stock (regular way) as reported in the composite transactions for the principal United States securities exchange on which the common stock Common Stock is so listed on that date (or, if no closing price is reported, the last reported sale price during that regular trading session), or (iib) if the common stock Common Stock is not so listed, the last quoted sales price for the common stock Common Stock in the over-the-counter market as reported by the OTC Bulletin Board, the National Quotation Bureau or similar organization, or (iiic) if the common stock Common Stock is not so quoted, the average of the mid-point of the last bid and ask prices for the common stock Common Stock from at least three nationally recognized investment-banking firms that the Company selects for this purpose.

Redemption of Warrants. (a) 3.4.1 The Company may call the Public Warrants for redemption at a price of $0.01 per Public Warrant, upon not less than 30 days’ prior written notice of redemption to each Public Warrant holder, at any time after such Public Warrants have become exercisable pursuant to Section 6(a)3.2, if, and only if, (i) the Closing Price (defined below) has equaled or exceeded $17.50 (the “Redemption Threshold”) [_____] per share for any 20 10 trading days within a 30-trading-day period ending on the third trading day prior to the notice of redemption to Public Warrant holders and holders, (ii) at all times between the date of such notice of redemption and the redemption date a registration statement is in effect and a current prospectus is available covering the Warrant Shares shares of Common Stock issuable upon exercise of the Public Warrants and a current prospectus relating (iii) at all times between the date of such notice of redemption and the redemption date the shares of Common Stock issuable upon such Warrant exercise have been registered, qualified or deemed to those Warrant Shares is availablebe exempt under the securities laws of the state of residence of the Registered Holder of the Warrant. (b) 3.4.2 The “Closing Price” of the common stock Common Stock on any date of determination means: (ia) the closing sale price for the regular trading session (without considering after hours or other trading outside regular trading session hours) of the common stock Common Stock (regular way) as reported in the composite transactions for the principal United States securities exchange on which the common stock Common Stock is so listed on that date (or, if no closing price is reported, the last reported sale price during that regular trading session), or (iib) if the common stock Common Stock is not so listed, the last quoted sales price for the common stock Common Stock in the over-the-counter market as reported by the OTC Bulletin Board, the National Quotation Bureau or similar organization, or (iiic) if the common stock Common Stock is not so quoted, the average of the mid-point of the last bid and ask prices for the common stock Common Stock from at least three nationally recognized investment-banking firms that the Company selects for this purpose.

Redemption of Warrants. (a) The Company may call the Public Warrants for redemption at a price of $0.01 per Public Warrant, upon not less than 30 days’ prior written notice of redemption to each Public Warrant holder, at any time after such Public Warrants have become exercisable pursuant to Section 6(a), if, and only if, (i) the Closing Price has equaled or exceeded $17.50 15.00 (the “Redemption Threshold”) per share for any 20 trading days within a 30-trading-day period ending on the third trading day prior to the notice of redemption to Public Warrant holders and (ii) at all times between the date of such notice of redemption and the redemption date a registration statement is in effect covering the Warrant Shares issuable upon exercise of the Public Warrants and a current prospectus relating to those Warrant Shares is available. (b) The “Closing Price” of the common stock ordinary shares on any date of determination means: (i) the closing sale price for the regular trading session (without considering after hours or other trading outside regular trading session hours) of the common stock ordinary shares (regular way) as reported in the composite transactions for the principal United States securities exchange on which the common stock is ordinary shares are so listed on that date (or, if no closing price is reported, the last reported sale price during that regular trading session), or (ii) if the common stock is ordinary shares are not so listed, the last quoted sales price for the common stock in the over-the-counter market ordinary shares as reported by the OTC Bulletin Board, the National Quotation Bureau or similar organization, or (iii) if the common stock is ordinary shares are not so quoted, the average of the mid-point of the last bid and ask prices for the common stock ordinary shares from at least three nationally recognized investment-banking firms that the Company selects for this purpose.

Redemption of Warrants. (a) The Company may call the Public Warrants for redemption upon the Underwriter’s prior written consent, such consent not to be unreasonably withheld or delayed, in whole and not in part, at a price of $0.01 per Public Warrant, upon not less than 30 days’ prior written notice of redemption to each Public Warrant holder, at any time after such Public Warrants have become exercisable pursuant to Section 6(a), if, and only if, (i) the Closing Price has equaled or exceeded $17.50 (the “Redemption Threshold”) per share for any 20 trading days within a 30-trading-day period ending on the third trading business day prior to the notice of redemption to Public Warrant holders and (ii) at all times between the date of such notice of redemption and the redemption date a registration statement is in effect covering the Warrant Shares issuable upon exercise of the Public Warrants and a current prospectus relating to those Warrant Shares is available. (b) The “Closing Price” of the common stock on any date of determination means: (i) the closing sale price for the regular trading session (without considering after hours or other trading outside regular trading session hours) of the common stock (regular way) as reported in the composite transactions for the principal United States securities exchange on which the common stock is so listed on that date (or, if no closing price is reported, the last reported sale price during that regular trading session), or (ii) if the common stock is not so listed, the last quoted sales price for the common stock in the over-the-counter market as reported by the OTC Bulletin Board, the National Quotation Bureau or similar organization, or (iii) if the common stock is not so quoted, the average of the mid-point of the last bid and ask prices for the common stock from at least three nationally recognized investment-banking firms that the Company selects for this purpose.