Common use of Cashless Exercise of Warrants Clause in Contracts

Cashless Exercise of Warrants. The parties hereto agree that, in connection with any redemption of Parent’s outstanding warrants, Parent shall offer holders thereof the opportunity to exercise such warrants on a cashless basis.

Appears in 4 contracts

Sources: Agreement and Plan of Reorganization (Endeavor Acquisition Corp.), Agreement and Plan of Reorganization (Endeavor Acquisition Corp.), Merger Agreement (Ithaka Acquisition Corp)