Common use of Minimum Cash Condition Clause in Contracts

Minimum Cash Condition. Upon the Closing, the Purchaser shall have cash remaining in the Trust Account (after giving effect to the completion and payment of the Redemption) and the proceeds of any Backstop Agreement, after giving effect to (i) the payment of Purchaser’s unpaid Expenses or Liabilities and (ii) the payment of Company Transaction Expenses, at least equal to $50,000,000.

Minimum Cash Condition. Upon the Closing, the Purchaser shall have cash and cash equivalents, including funds remaining in the Trust Account (after giving effect to the completion and payment of the Redemption) and the proceeds of any Backstop Agreement, after giving effect to (i) from the payment of Purchaser’s unpaid Expenses or Liabilities and (ii) the payment of Company Transaction ExpensesFinancing, at least equal to Forty Million U.S. Dollars ($50,000,00040,000,000) (before payment of Expenses and any outstanding debt) (the “Minimum Cash Condition”).

Minimum Cash Condition. Upon the Closing, the Purchaser shall have cash and cash equivalents, including funds remaining in the Trust Account (after giving effect to the completion and payment of the Redemption) Redemption and payment of each Party’s Expenses, including any Extension Expenses), and the proceeds aggregate amount of any Backstop Purchaser Transaction Financing (including the Support Subscription Agreement, after giving effect to (i) the payment of Purchaser’s unpaid Expenses or Liabilities and (ii) the payment of Company Transaction Expenses, at least equal to $50,000,00030,000,000).

Minimum Cash Condition. Upon the Closing, the Purchaser shall have cash and cash equivalents, including funds remaining in the Trust Account (after giving effect to the completion and payment of the Redemption) Redemption and payment of each Party’s Expenses, including any Extension Expenses), and the proceeds aggregate amount of any Backstop Agreement, after giving effect to (i) the payment Purchaser Transaction Financing of Purchaser’s unpaid Expenses or Liabilities and (ii) the payment of Company Transaction Expenses, at least equal to $50,000,00010,000,000.

Minimum Cash Condition. Upon the Closing, the Purchaser shall have cash and cash equivalents, including funds remaining in the Trust Account (after giving effect to the completion and payment of the Redemption) and the proceeds of any Backstop AgreementEquity Investment or Debt Financing, after giving effect to (i) the payment of Purchaser’s unpaid Expenses or Liabilities and (ii) the payment of Company Transaction Company’s unpaid Expenses, at least equal to Fifteen Million U.S. Dollars ($50,000,00015,000,000).