Common use of Minimum Cash Condition Clause in Contracts

Minimum Cash Condition. The aggregate cash available to Acquiror at the Closing from the Trust Account, the ATW Convertible Note and the Equity Financing (after giving effect to the redemption of any shares of Acquiror Common Stock in connection with the Offer and the payment of the Outstanding Acquiror Expenses and the Outstanding Company Expenses) shall equal or exceed $50,000,000 (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 Acquiror at the Closing from the Trust Account, the ATW Convertible Note Account and the Equity Financing (after giving effect to the redemption of any shares of Acquiror Common Stock in connection with the Offer and the payment of the Outstanding Acquiror Expenses and the Outstanding Company Expenses) shall equal or exceed $50,000,000 (the “Minimum Cash Condition”).

Appears in 1 contract

Samples: Lock Up Agreement (Cleantech Acquisition Corp.)

Minimum Cash Condition. The aggregate cash available to Acquiror at the Closing from the Trust Account, the ATW Convertible Note Account and the Equity Financing (after giving effect to the redemption of any shares of Acquiror Common Stock in connection with the Offer and the payment of the but prior to paying all Outstanding Acquiror Expenses and the Outstanding Company Expenses) shall equal or exceed Fifty-Five Million Dollars ($50,000,000 (the “Minimum Cash Condition”55,000,000).

Appears in 1 contract

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

Minimum Cash Condition. The aggregate cash available to Acquiror Purchaser at the Closing from the Trust Account, the ATW Convertible Note Account and the Equity any Transaction Financing (after giving effect to the redemption of any shares of Acquiror Common Stock Purchaser Shares in connection with the Offer Transactions and the payment of the Outstanding Acquiror after paying all Company Transaction Expenses and the Outstanding Company Purchaser Transaction Expenses) shall equal or exceed $50,000,000 (the “Minimum Cash Condition”)17,250,000.

Appears in 1 contract

Samples: Business Combination Agreement (AlphaVest Acquisition Corp.)

Minimum Cash Condition. The aggregate cash available to Acquiror at the Closing from the Trust Account, the ATW Convertible Note Account and the Equity Financing (after giving effect to the redemption of any shares of Acquiror Common Stock in connection with the Offer Offer, but before giving effect to the consummation of the Closing and the payment of the Outstanding Acquiror Expenses and the Outstanding Company Expenses) shall equal or exceed $50,000,000 (the “Minimum Cash Condition”)550,000,000.

Appears in 1 contract

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

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Minimum Cash Condition. The aggregate cash available to Acquiror at the Closing from the Trust Account, the ATW Convertible Note Account and the Equity Transaction Financing (after giving effect to the redemption of any shares of Acquiror Common Stock Ordinary Shares in connection with the Offer and but prior to the payment of the Outstanding Acquiror Expenses and the Outstanding Company Expenses) shall equal or exceed Twenty Million Dollars ($50,000,000 (the “Minimum Cash Condition”20,000,000).

Appears in 1 contract

Samples: Business Combination Agreement (StoneBridge Acquisition Corp.)

Minimum Cash Condition. The aggregate cash available to Acquiror at the Closing from the Trust Account, the ATW Convertible Note and the Equity Financing pursuant to a debt or equity financing or otherwise (after giving effect to the redemption of any shares of Acquiror Common Stock in connection with the Offer and the payment of the Outstanding Acquiror Expenses and the Outstanding Company ExpensesOffer) shall equal or exceed $50,000,000 3,500,000 (the “Minimum Cash Condition”).

Appears in 1 contract

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

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