Common use of Trust Account Proceeds and Related Available Equity Clause in Contracts

Trust Account Proceeds and Related Available Equity. (a) The parties to this Agreement do not have any intention as of the Effective Time to use, or to cause to be used, any amount of the Available Acquiror Cash to effect any additional repurchase, redemption or other acquisition of outstanding shares of Acquiror Common Stock within the six (6)-month period after the Closing.

Appears in 2 contracts

Samples: Registration Rights Agreement (Broadscale Acquisition Corp.), Agreement and Plan of Merger (Reinvent Technology Partners)

AutoNDA by SimpleDocs

Trust Account Proceeds and Related Available Equity. (a) The parties to this Agreement do not have any intention as of the Effective Time to use, or to cause to be used, any amount of the Available Acquiror Cash to effect any additional repurchase, redemption or other acquisition of outstanding shares of Acquiror Common Stock within the six (6)-month period after the Closing, other than as may be required by any Acquiror Share Redemptions or with respect to Dissenting Shares.

Appears in 1 contract

Samples: Registration Rights Agreement (Northern Genesis Acquisition Corp. II)

AutoNDA by SimpleDocs

Trust Account Proceeds and Related Available Equity. (a) The parties to this Agreement do not have any intention as of the Effective Time to use, or to cause to be used, any amount of the Available Acquiror Cash to effect any additional repurchase, redemption or other acquisition of outstanding shares of Domesticated Acquiror Common Stock within the six (6)-month period after the Closing.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Reinvent Technology Partners Y)

Time is Money Join Law Insider Premium to draft better contracts faster.