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Common use of No Partial Exercise Clause in Contracts

No Partial Exercise. Each SPAR that is exercised pursuant to the terms of this Agreement must be exercised, in full and not in part, for two (2) Public Shares.

Appears in 2 contracts

Sources: Special Purpose Acquisition Rights Agreement (Pershing Square SPARC Holdings, Ltd./De), Special Purpose Acquisition Rights Agreement (Pershing Square SPARC Holdings, Ltd./De)

Related Clauses

  • Partial Exercise
  • Partial Exercise or Transfer
  • Partial Exercise of Warrants; Fractions
  • Notice to Allow Exercise by ▇▇▇▇▇▇
  • Notice to Allow Exercise by H▇▇▇▇▇

Parent Clauses

  • Exercise and Settlement of Options
  • Inconsistencies
  • Late Payment or Non-Payment of Premium
  • Netting of Option Premiums
  • Governing Law

Sub-Clauses

  • Reorganization
  • Dissolution or Liquidation
  • Administrator’s Decisions Final and Binding
  • Regulations and Regulatory Requirements
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