Acquiror Cash Commitments Clause Samples
Acquiror Cash Commitments. Acquiror shall have in effect binding equity or equity-linked commitments, including, without limitation, equity financing facilities, forward purchase agreements, committed equity facilities, convertible instruments, equity lines of credit, or standby equity purchase agreements, with an total aggregate amount of commitments thereunder that, when added to amounts released to the Company from the Trust Account at Closing, equals or exceeds $50,000,000.
