Common use of Minimum Cash Condition Clause in Contracts

Minimum Cash Condition. The aggregate cash available to Purchaser at the Closing from the Trust Account and any Transaction Financing (after giving effect to the redemption of any Purchaser Shares in connection with the Transactions and after paying all Company Transaction Expenses and Purchaser Transaction Expenses) shall equal or exceed $17,250,000.

Appears in 1 contract

Samples: Business Combination Agreement (AlphaVest Acquisition Corp.)

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Minimum Cash Condition. The aggregate cash available to Purchaser Acquiror at the Closing from the Trust Account and any Transaction Financing Account, pursuant to a debt or equity financing or otherwise (after giving effect to the redemption of any Purchaser Shares shares of Acquiror Common Stock in connection with the Transactions and after paying all Company Transaction Expenses and Purchaser Transaction ExpensesOffer) shall equal or exceed $17,250,0003,500,000 (the “Minimum Cash Condition”).

Appears in 1 contract

Samples: Agreement and Plan of Merger (Western Acquisition Ventures Corp.)

Minimum Cash Condition. The aggregate cash available to Purchaser Acquiror at the Closing from the Trust Account and any Transaction the Equity Financing (after giving effect to the redemption of any Purchaser Shares shares of Acquiror Common Stock in connection with the Transactions Offer and after paying all Company Transaction the payment of the Outstanding Acquiror Expenses and Purchaser Transaction the Outstanding Company Expenses) shall equal or exceed $17,250,00050,000,000 (the “Minimum Cash Condition”).

Appears in 1 contract

Samples: Lock Up Agreement (Cleantech Acquisition Corp.)

Minimum Cash Condition. The aggregate cash available to Purchaser Acquiror at the Closing from the Trust Account and any Transaction the Equity Financing (after giving effect to the redemption of any Purchaser Shares shares of Acquiror Common Stock in connection with the Transactions and after Offer but prior to paying all Company Transaction Outstanding Acquiror Expenses and Purchaser Transaction Outstanding Company Expenses) shall equal or exceed Fifty-Five Million Dollars ($17,250,00055,000,000).

Appears in 1 contract

Samples: Agreement and Plan of Merger (ROC Energy Acquisition Corp.)

Minimum Cash Condition. The aggregate cash available to Purchaser Acquiror at the Closing from the Trust Account Account, the ATW Convertible Note and any Transaction the Equity Financing (after giving effect to the redemption of any Purchaser Shares shares of Acquiror Common Stock in connection with the Transactions Offer and after paying all Company Transaction the payment of the Outstanding Acquiror Expenses and Purchaser Transaction the Outstanding Company Expenses) shall equal or exceed $17,250,00050,000,000 (the “Minimum Cash Condition”).

Appears in 1 contract

Samples: Agreement and Plan of Merger (Cleantech Acquisition Corp.)

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Minimum Cash Condition. The aggregate cash available to Purchaser Acquiror at the Closing from the Trust Account and any the Transaction Financing (after giving effect to the redemption of any Purchaser Acquiror Ordinary Shares in connection with the Transactions and after paying all Company Transaction Offer but prior to the payment of the Outstanding Acquiror Expenses and Purchaser Transaction the Outstanding Company Expenses) shall equal or exceed Twenty Million Dollars ($17,250,00020,000,000).

Appears in 1 contract

Samples: Business Combination Agreement (StoneBridge Acquisition Corp.)

Minimum Cash Condition. The aggregate cash available to Purchaser Acquiror at the Closing from the Trust Account and any Transaction the Equity Financing (after giving effect to the redemption of any Purchaser Shares shares of Acquiror Common Stock in connection with the Transactions Offer, but before giving effect to the consummation of the Closing and after paying all Company Transaction the payment of the Outstanding Acquiror Expenses and Purchaser Transaction the Outstanding Company Expenses) shall equal or exceed $17,250,000550,000,000.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Flying Eagle Acquisition Corp.)

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