Contest and Appraisal Rights. Upon each determination of Market Price or Fair Market Value, as the case may be, hereunder, the Company shall promptly give notice thereof to the Warrantholder, setting forth in reasonable detail the calculation of such Market Price or Fair Market Value, and the method and basis of determination thereof, as the case may be. If the Warrantholder shall disagree with such determination and shall, by notice to the Company given within fifteen (15) days after the Warrantholder’s receipt of the Company’s notice of such determination, elect to dispute such determination, such dispute shall be resolved through the Appraisal Procedure.
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Sources: Warrant Agreement (Third Coast Bancshares, Inc.), Investment Agreement (Third Coast Bancshares, Inc.), Warrant Agreement (Third Coast Bancshares, Inc.)
Contest and Appraisal Rights. Upon each determination of Market Price or Fair Market Value, as the case may be, Value hereunder, the Company shall promptly give notice thereof to the Warrantholderall Warrantholders, setting forth in reasonable detail the calculation of such Market Price or Fair Market Value, and the method and basis of determination thereofof such Fair Market Value. Unless the Property whose Fair Market Value is being determined is a security for which Closing Prices are available (in which case the Fair Market Value thereof shall be the Market Price), as the case may be. If the Warrantholder if a Majority in Interest of Warrantholders shall disagree with such determination and shall, by notice to the Company given within fifteen (15) 30 days after the Warrantholder’s receipt of the Company’s 's notice of such determination, elect to dispute such determination, such dispute shall be resolved through the Appraisal Procedure.
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