Common use of Net Tangible Assets Clause in Contracts

Net Tangible Assets. Purchaser shall have at least $5,000,001 of net tangible assets (as determined in accordance with Rule 3a51-1(g)(1) of the Exchange Act) remaining after the closing of the Purchaser Share Redemption.

Appears in 4 contracts

Samples: Business Combination Agreement (Alternus Clean Energy, Inc.), Business Combination Agreement (Goal Acquisitions Corp.), Business Combination Agreement (Goal Acquisitions Corp.)

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Net Tangible Assets. Purchaser Acquiror shall have at least five million one dollars ($5,000,001 5,000,001) of net tangible assets (as determined in accordance with Rule 3a51-1(g)(1) of the Exchange Act) remaining after the closing of the Purchaser Share RedemptionOffer.

Appears in 4 contracts

Samples: Agreement and Plan of Merger (North Mountain Merger Corp.), Business Combination Agreement (Isos Acquisition Corp.), Agreement and Plan of Merger (Desktop Metal, Inc.)

Net Tangible Assets. Purchaser Acquiror shall have at least $5,000,001 of net tangible assets (as determined in accordance with Rule 3a51-1(g)(1) of the Exchange Act) remaining after the closing of the Purchaser Share Acquiror Stockholder Redemption.

Appears in 4 contracts

Samples: Agreement and Plan of Merger (DFP Healthcare Acquisitions Corp.), Agreement and Plan of Merger (Genesis Park Acquisition Corp.), Agreement and Plan of Merger (Hudson Executive Investment Corp.)

Net Tangible Assets. Upon the Share Acquisition Closing, after giving effect to the Redemption, Purchaser shall have at least $5,000,001 of net tangible assets of at least five million and one Dollar ($5,000,001) (as determined in accordance with Rule 3a51-1(g)(1) of the Exchange Act) remaining after the closing of the Purchaser Share Redemption).

Appears in 3 contracts

Samples: Lock Up Agreement (Vertical Aerospace Ltd.), Lock Up Agreement (Broadstone Acquisition Corp.), Business Combination Agreement (Centricus Acquisition Corp.)

Net Tangible Assets. Purchaser Acquiror shall have at least $5,000,001 of net tangible assets (as determined in accordance with Rule 3a51-1(g)(1) of the Exchange Act) remaining after the closing of the Purchaser Share RedemptionClosing.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (APX Group Holdings, Inc.), Agreement and Plan of Merger (Mosaic Acquisition Corp.), Business Combination Agreement (Saban Capital Acquisition Corp.)

Net Tangible Assets. Purchaser Acquiror shall have at least $5,000,001 of net tangible assets (as determined in accordance with Rule 3a51-1(g)(1) of the Exchange Act) remaining after the closing of the Purchaser Share Acquiror Shareholder Redemption.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (KORE Group Holdings, Inc.), Agreement and Plan of Merger (KORE Group Holdings, Inc.), Agreement and Plan of Merger (Cerberus Telecom Acquisition Corp.)

Net Tangible Assets. Purchaser Buyer shall have at least $5,000,001 of net tangible assets (as determined in accordance with Rule 3a51-1(g)(1) of the Exchange Act) remaining after the closing of the Purchaser Share Buyer Stockholder Redemption.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Mudrick Capital Acquisition Corp. II), Letter Agreement (Mudrick Capital Acquisition Corp. II)

Net Tangible Assets. Purchaser Acquiror shall have at least $5,000,001 of net tangible assets (as determined in accordance with Rule 3a51-1(g)(1) of the Exchange Act) remaining after upon the closing consummation of the Purchaser Share Closing (after giving effect to the Acquiror Shareholder Redemption, the receipt of the PIPE Investment Amount, and the other transactions contemplated to occur on the Closing Date, including the payment of the Acquiror Expenses and Company Expenses).

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Supernova Partners Acquisition Co II, Ltd.), Agreement and Plan of Merger (Supernova Partners Acquisition Co II, Ltd.)

Net Tangible Assets. Purchaser Acquiror shall have at least $5,000,001 of net tangible assets (as determined in accordance with Rule 3a51-1(g)(1) of the Exchange Act) remaining immediately following the Closing (after giving effect to the closing exercise by the holders of Acquiror Common Stock of their right to redeem their Acquiror Common Stock into their pro rata share of the Purchaser Share RedemptionTrust Account in accordance with Acquiror certificate of incorporation, the PIPE Investment and the other transactions contemplated hereby to occur upon the Closing, including the payment of Transaction Expenses).

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Experience Investment Corp.), Agreement and Plan of Merger (Acamar Partners Acquisition Corp.)

Net Tangible Assets. Purchaser Acquiror shall have at least $5,000,001 of net tangible assets (as determined in accordance with Rule 3a51-1(g)(1) of the Exchange Act) remaining after giving effect to redemption of any shares of Acquiror Common Stock pursuant to the closing Offer and after Acquiror’s receipt of the Purchaser Share Redemptionproceeds under the Subscription Agreements.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Sable Offshore Corp.), Agreement and Plan of Merger (Flame Acquisition Corp.)

Net Tangible Assets. Purchaser Buyer shall have at least $5,000,001 of net tangible assets (as determined in accordance with Rule 3a51-1(g)(1) of the Exchange Act) remaining after the closing of the Purchaser Share RedemptionBuyer Stockholder Redemption and immediately prior to Closing.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Unique Logistics International, Inc.), Agreement and Plan of Merger (Edify Acquisition Corp.)

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Net Tangible Assets. Purchaser Acquiror shall have at least $5,000,001 of net tangible assets (as determined in accordance with Rule 3a51-1(g)(1) of the Exchange Act) remaining after upon the closing consummation of the Purchaser Share Closing (after giving effect to the Acquiror Stockholder Redemption, the receipt of the PIPE Investment Amount and the Forward Purchase Amount, and the other transactions contemplated to occur on the Closing Date, including the payment of the Acquiror Expenses and Company Expenses).

Appears in 1 contract

Samples: Agreement and Plan of Merger (Supernova Partners Acquisition Company, Inc.)

Net Tangible Assets. Purchaser Acquiror shall have at least $5,000,001 of net tangible assets (either immediately prior to or upon the Closing Date, as determined in accordance with Rule 3a51-1(g)(1) of the Exchange Act) remaining after the closing of the Purchaser Share Redemption.

Appears in 1 contract

Samples: Letter Agreement Regarding Due Diligence (Astrea Acquisition Corp.)

Net Tangible Assets. Purchaser Acquiror shall have at least $5,000,001 of net tangible assets (as determined in accordance with Rule 3a51-1(g)(1) of the Exchange Act) remaining in the Trust Account after the closing Closing and after giving effect to the payment of the Purchaser Share Redemptionaggregate amount of cash that will be required to satisfy the redemption of any shares of Acquiror Common Stock pursuant to the Redemption Offer.

Appears in 1 contract

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

Net Tangible Assets. Purchaser shall have at least $5,000,001 of net tangible assets (as determined in accordance with Rule 3a51-1(g)(1) of the Exchange Act) remaining after the closing of the Purchaser Share RedemptionOffer.

Appears in 1 contract

Samples: Business Combination Agreement (Magnum Opus Acquisition LTD)

Net Tangible Assets. Purchaser Acquiror shall have at least $5,000,001 of net tangible assets (as determined in accordance with Rule 3a51-1(g)(1) of the Exchange Act) remaining after the closing of the Purchaser Share RedemptionOffer.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Churchill Capital Corp)

Net Tangible Assets. Purchaser Buyer shall have at least $5,000,001 of net tangible assets (as determined in accordance with Rule 3a51-1(g)(1) of the Exchange Act) remaining after the closing of the Purchaser Share RedemptionRedemption Offer is completed.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Churchill Capital Corp II)

Net Tangible Assets. Purchaser Acquiror shall have at least $5,000,001 of net tangible assets immediately prior to (as determined in accordance with Rule 3a51-1(g)(1) of following the Exchange Act) remaining after the closing of the Purchaser Acquiror Share Redemption), or upon consummation of, the Merger.

Appears in 1 contract

Samples: Joinder Agreement (Tlgy Acquisition Corp)

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