Common use of Minimum Cash Condition Clause in Contracts

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 payment of each Party’s Expenses, including any Extension Expenses), and the aggregate amount of any Purchaser Transaction Financing (including the Support Subscription Agreement) of at least equal to $30,000,000).

Appears in 1 contract

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

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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 payment of each Party’s Expenses, including any Extension Expenses), and the aggregate amount of any Purchaser Transaction Financing (including the Support Subscription Agreement) of at least equal to $30,000,000)10,000,000.

Appears in 1 contract

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

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 payment of each Party’s Expenses, including any Extension Expenses), Redemption) and the aggregate amount of any Purchaser proceeds from the Transaction Financing (including the Support Subscription Agreement) of Financing, at least equal to Forty Million U.S. Dollars ($30,000,00040,000,000) (before payment of Expenses and any outstanding debt) (the “Minimum Cash Condition”).

Appears in 1 contract

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

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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 the proceeds of any Equity Investment or Debt Financing, after giving effect to the payment of each PartyPurchaser’s unpaid Expenses or Liabilities and the Company’s unpaid Expenses, including any Extension Expenses), and the aggregate amount of any Purchaser Transaction Financing (including the Support Subscription Agreement) of at least equal to Fifteen Million U.S. Dollars ($30,000,00015,000,000).

Appears in 1 contract

Samples: Business Combination Agreement (Healthwell Acquisition Corp. I)

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