Common use of Capital Calls Clause in Contracts

Capital Calls. From time to time, the SPAC will request funds from the Sponsor for working capital purposes (each a “Drawdown Request”). On at least five (5) calendar days’ prior written notice (“Capital Notice”) the Sponsor may require a drawdown from the Investor against the Investor Capital Contribution in order to meet the Sponsor’s commitment to the SPAC under a Drawdown Request (each a “Capital Call”) subject to the following conditions:

Appears in 4 contracts

Samples: Subscription Agreement (Compass Digital Acquisition Corp.), Subscription Agreement (Insight Acquisition Corp. /DE), Subscription Agreement (Fusion Acquisition Corp. II)

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Capital Calls. From time to time, the SPAC will request funds from the Sponsor for working capital purposes (each a “Drawdown Request”). On at least five (5) calendar days’ prior written notice (“Capital Notice”) ), the Sponsor may require request a drawdown from the Investor against the Investor Capital Contribution in order to meet the Sponsor’s commitment to the SPAC under a Drawdown Request (each each, a “Capital Call”) subject to the following conditions:

Appears in 3 contracts

Samples: Subscription Agreement (ScanTech AI Systems Inc.), Subscription Agreement (Atlantic Coastal Acquisition Corp. II), Subscription Agreement (Mars Acquisition Corp.)

Capital Calls. From time to time, the SPAC will request funds from the Sponsor for working capital purposes (each a “Drawdown Request”). On at least five (5) calendar days’ prior written notice (“Capital Notice”) ), the Sponsor may require request a drawdown from the Investor against the Investor Investor’s Capital Contribution in order to meet the Sponsor’s commitment to the SPAC under a Drawdown Request (each each, a “Capital Call”) subject to the following conditions:

Appears in 1 contract

Samples: Subscription Agreement (Armada Acquisition Corp. I)

Capital Calls. From time to time, either the SPAC or RBio will request funds from the Sponsor for working capital purposes (each a “Drawdown Request”). On at least five (5) calendar days’ prior written notice (“Capital Notice”) the Sponsor may require request a drawdown from the Investor against the Investor Capital Contribution in order to meet the Sponsor’s commitment to the either the SPAC or RBio under a Drawdown Request (each a “Capital Call”) subject to the following conditions:

Appears in 1 contract

Samples: Subscription Agreement (Perception Capital Corp. III)

Capital Calls. From time to time, the SPAC will request funds from the Sponsor for working capital purposes (each a “Drawdown Request”). On at least five (5) calendar days’ prior written notice (“Capital Notice”) the Sponsor may require request a drawdown from the Investor against the Investor Capital Contribution in order to meet the Sponsor’s commitment to the SPAC under a Drawdown Request (each a “Capital Call”) subject to the following conditions:

Appears in 1 contract

Samples: Subscription Agreement (Perception Capital Corp. III)

Capital Calls. From time to time, the SPAC will request funds from the Sponsor for working capital purposes (each a “Drawdown Request”). On at least five (5) calendar days’ prior written notice (“Capital Notice”) ), the Sponsor may require request a drawdown from the Investor against the Investor Capital Contribution in order to meet the Sponsor’s commitment to the SPAC under a Drawdown Request (each a “Capital Call”) subject to the following conditions:

Appears in 1 contract

Samples: Subscription Agreement (HH&L Acquisition Co.)

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Capital Calls. From time to time, the SPAC will request funds from the Sponsor for working capital purposes or for the Sponsor to fund an extension payment pursuant to the SPAC’s Memorandum and Articles of Association (each a “Drawdown Request”). On at least five ten (510) calendar days’ prior written notice (“Capital Notice”) ), the Sponsor may require a drawdown from the Investor against the Investor Capital Contribution in order to meet the Sponsor’s commitment to the SPAC under a Drawdown Request (each a “Capital Call”) subject to the following conditions:

Appears in 1 contract

Samples: Subscription Agreement (Plum Acquisition Corp. I)

Capital Calls. From time to time, the SPAC will request funds from the Sponsor for working capital purposes or for the Sponsor to fund an extension payment pursuant to the SPAC’s Memorandum and Articles of Association (each a “Drawdown Request”). On at least five (5) calendar days’ prior written notice (“Capital Notice”) ), the Sponsor may require a drawdown from the Investor against the Investor Investor’s Capital Contribution in order to meet the Sponsor’s commitment to the SPAC under a Drawdown Request (each a “Capital Call”) subject to the following conditions:

Appears in 1 contract

Samples: Subscription Agreement (Plum Acquisition Corp. I)

Capital Calls. From time to time, the SPAC will request funds from the Sponsor for working capital purposes or for the Sponsor to fund an extension payment pursuant to the SPAC’s Memorandum and Articles of Association (each a “Drawdown Request”). On at least five (5) calendar days’ prior written notice (“Capital Notice”) ), the Sponsor may require a drawdown from the Investor against the Investor Capital Contribution in order to meet the Sponsor’s commitment to the SPAC under a Drawdown Request (each a “Capital Call”) subject to the following conditions:

Appears in 1 contract

Samples: Subscription Agreement (Alpha Partners Technology Merger Corp.)

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