Common use of SPAC Net Tangible Assets Clause in Contracts

SPAC Net Tangible Assets. SPAC shall have at least $5,000,001 of net tangible assets after giving effect to the Private Placements and following the exercise of Redemption Rights in accordance with the SPAC Articles of Association.

Appears in 1 contract

Samples: Business Combination Agreement (NAAC Holdco, Inc.)

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SPAC Net Tangible Assets. SPAC shall have at least $5,000,001 of net tangible assets after giving effect to the Private Placements Placement and following the exercise of the SPAC Share Redemption Rights in accordance with the SPAC Articles of AssociationArticles.

Appears in 1 contract

Samples: Business Combination Agreement (Cartesian Growth Corp)

SPAC Net Tangible Assets. SPAC shall have at least $5,000,001 of net tangible assets after giving effect to the Private Placements Transactions and following the exercise of Redemption Rights in accordance with the SPAC Articles of AssociationSPAC’s Organizational Documents.

Appears in 1 contract

Samples: Business Combination Agreement (CENAQ Energy Corp.)

SPAC Net Tangible Assets. SPAC shall have at least $5,000,001 of net tangible assets after giving effect to the Private Placements PIPE Investment Amount and following the exercise of Redemption Rights in accordance with the SPAC Articles of AssociationOrganizational Documents.

Appears in 1 contract

Samples: Business Combination Agreement (Union Acquisition Corp. II)

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SPAC Net Tangible Assets. SPAC shall have at least $5,000,001 of net tangible assets after giving effect to the Private Placements (which shall be consummated at least one (1) Business Day before the SPAC Merger Effective Time) and following the exercise of Redemption Rights in accordance with the SPAC Articles of AssociationOrganizational Documents.

Appears in 1 contract

Samples: Business Combination Agreement (European Sustainable Growth Acquisition Corp.)

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