Common use of Orion Assets Clause in Contracts

Orion Assets. Orion shall certify that it has at Closing current assets, after accrual or reduction for any and all accounts payable and accrued expenses up and through the Closing (including all legal, accounting and other expenses of Orion related to or occurred as a result of this Merger due and owing) of not less than $1,900,000 (the “Orion Liquidity Requirement”).

Appears in 3 contracts

Samples: Merger Agreement (Orion Acquisition Corp Ii), Merger Agreement (Selena Pharmeceuticals Inc), Merger Agreement (Orion Acquisition Corp Ii)

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Orion Assets. Orion shall certify that it has at Closing current assets, after accrual or reduction for any and all accounts payable and accrued expenses up and through the Closing (including all legal, accounting and other expenses of Orion related to or occurred as a result of this Merger due and owing) of not less than $1,900,000 1,150,000 (the “Orion Liquidity Requirement”"ORION LIQUIDITY REQUIREMENT").

Appears in 1 contract

Samples: Merger Agreement (Orion Acquisition Corp Ii)

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