Common use of Net Tangible Assets Clause in Contracts

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

Appears in 4 contracts

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

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Net Tangible Assets. 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 OfferAcquiror Stockholder Redemption.

Appears in 4 contracts

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

Net Tangible Assets. 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 OfferClosing.

Appears in 3 contracts

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

Net Tangible Assets. 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 giving effect to redemption of any shares of Acquiror Common Stock pursuant to the OfferOffer and after Acquiror’s receipt of the proceeds under the Subscription Agreements.

Appears in 2 contracts

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

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Net Tangible Assets. 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 Offer.

Appears in 1 contract

Samples: Merger Agreement (Churchill Capital Corp)

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