Common use of Working Capital Clause in Contracts

Working Capital. Upon consummation of the Offering, it is intended that approximately $ 1,500,000 (or $1,471,250 if the Over-allotment Option is exercised in full) of the Offering proceeds and the Unit Private Placement will be released to the Company and held outside of the Trust Account to fund the working capital requirements of the Company.

Appears in 3 contracts

Samples: Underwriting Agreement (Newbury Street II Acquisition Corp), Underwriting Agreement (Newbury Street II Acquisition Corp), Underwriting Agreement (Newbury Street II Acquisition Corp)

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Working Capital. Upon consummation of the Offering, it is intended that approximately $ 1,500,000 $1,200,000 (or $1,471,250 600,000 if the Overover-allotment Option option is exercised in full) of the Offering proceeds and the Unit Private Placement will be released available to the Company and held outside of the Trust Account to fund the working capital requirements of the Company.

Appears in 2 contracts

Samples: Underwriting Agreement (Rodgers Silicon Valley Acquisition Corp), Underwriting Agreement (Rodgers Silicon Valley Acquisition Corp)

Working Capital. Upon consummation of the Offering, it is intended that approximately $ 1,500,000 $500,000 (or $1,471,250 575,000 if the Over-allotment Option is exercised in full) of the Offering net proceeds from the sale of Units and the Unit Private Placement Warrants will be released to the Company and held outside of the Trust Account to fund the working capital requirements of the Company.

Appears in 2 contracts

Samples: Underwriting Agreement (FoxWayne Enterprises Acquisition Corp.), Underwriting Agreement (FoxWayne Enterprises Acquisition Corp.)

Working Capital. Upon consummation of the OfferingOffering and the Private Placement, it is intended that approximately $ 1,500,000 $5,140,535 (or $1,471,250 4,765,535 if the Over-over- allotment Option option is exercised in fullfully exercised) of the proceeds from the Offering proceeds and the Unit Private Placement will be released to the Company and held outside of the Trust Account to fund the working capital requirements of the Company.

Appears in 2 contracts

Samples: Underwriting Agreement (Spark I Acquisition Corp), Underwriting Agreement (Spark I Acquisition Corp)

Working Capital. Upon consummation of the Offering, it is intended that approximately $ 1,500,000 $2,000,000 (or $1,471,250 1,820,000 if the Over-allotment Option option is exercised in fullexercised) of the Offering proceeds and the Unit Private Placement will be released to the Company and held outside of the Trust Account to fund the working capital requirements of the Company.

Appears in 2 contracts

Samples: Underwriting Agreement (Insight Acquisition Corp. /DE), Underwriting Agreement (Insight Acquisition Corp. /DE)

Working Capital. Upon consummation of the Offering, it is intended that approximately $ 1,500,000 $1,130,552 (or $1,471,250 1,094,552 if the Over-allotment Option is exercised in full) of the Offering proceeds and the Unit Private Placement Placements will be released to the Company and held outside of the Trust Account to fund the working capital requirements of the Company.

Appears in 2 contracts

Samples: Underwriting Agreement (Aldel Financial II Inc.), Underwriting Agreement (Aldel Financial II Inc.)

Working Capital. Upon consummation of the Offering, it is intended that approximately $ 1,500,000 $1,250,000 (or $1,471,250 1,100,000 if the Over-allotment Option is exercised in full) of the Offering proceeds and the Unit Private Placement will be released to the Company and held outside of the Trust Account to fund the working capital requirements of the Company.

Appears in 2 contracts

Samples: Underwriting Agreement (Andretti Acquisition Corp. II), Underwriting Agreement (Andretti Acquisition Corp. II)

Working Capital. Upon consummation of the Offering, it is intended that approximately $ 1,500,000 $450,000 (or $1,471,250 800,000 if the Over-allotment Option is exercised in full) of the Offering proceeds from the sale of the Firm Units and the Unit Private Placement Sponsor Units will be released to the Company and held outside of the Trust Account to fund the working capital requirements of the Company.

Appears in 2 contracts

Samples: Underwriting Agreement (Cambridge Capital Acquisition Corp), Underwriting Agreement (Cambridge Capital Acquisition Corp)

Working Capital. Upon consummation of the Offering, it is intended that approximately $ 1,500,000 $1,750,000 (or $1,471,250 1,166,667 if the Over-allotment Option is exercised in full) of the Offering proceeds and the Unit Private Placement will be released to the Company and held outside of the Trust Account to fund the working capital requirements of the Company.

Appears in 2 contracts

Samples: Underwriting Agreement (Golden Arrow Merger Corp.), Underwriting Agreement (Golden Arrow Merger Corp.)

Working Capital. Upon consummation of the Offering, it is intended that approximately $ 1,500,000 ($1,188,130, or $1,471,250 991,250 if the Over-allotment Allotment Option is exercised in full) , of the Offering proceeds and the Unit Private Placement will be released to the Company and held outside of the Trust Account to fund the working capital requirements of the Company.

Appears in 2 contracts

Samples: Underwriting Agreement (Legato Merger Corp. III), Underwriting Agreement (Legato Merger Corp. III)

Working Capital. Upon consummation of the Offering, it is intended that approximately $ 1,500,000 ($1,250,000, whether or $1,471,250 if not the Over-allotment Option is exercised in full) exercised, of the Offering proceeds and the Unit Private Placement will be released to the Company and held outside of the Trust Account to fund the initial working capital requirements of the Company. The Company shall also be permitted to withdraw certain amounts from the interest income on the amounts held in the Trust Account in order to fund its ongoing working capital requirements, as described in the Prospectus (as defined below).

Appears in 2 contracts

Samples: Underwriting Agreement (EQV Ventures Acquisition Corp.), Underwriting Agreement (EQV Ventures Acquisition Corp.)

Working Capital. Upon consummation of the Offering, it is intended that approximately $ 1,500,000 $1,000,000 of the proceeds from the sale of the Firm Units and Private Warrants (or $1,471,250 400,000 if the Over-allotment Allotment Option is exercised in full) of the Offering proceeds and the Unit Private Placement will be released to the Company and held outside of the Trust Account to fund the working capital requirements of the Company.

Appears in 2 contracts

Samples: Underwriting Agreement (LIV Capital Acquisition Corp. II), Underwriting Agreement (LIV Capital Acquisition Corp. II)

Working Capital. Upon consummation of the Offering, it is intended that approximately $ 1,500,000 $2,005,000 (or $1,471,250 1,855,000 if the Underwriters’ Over-allotment Option is exercised in full) of the proceeds from the Offering proceeds and the Unit Private Placement will be released available to the Company and held outside of the Trust Account to fund the working capital requirements of the Company.

Appears in 2 contracts

Samples: Underwriting Agreement (Endurance Acquisition Corp.), Underwriting Agreement (Endurance Acquisition Corp.)

Working Capital. Upon consummation of the OfferingOffering and the Warrant Private Placement, it is intended that approximately $ 1,500,000 $1,900,000 (or $1,471,250 1,150,000 if the Over-allotment Allotment Option is exercised in fullexercised) of the Offering proceeds and the Unit Private Placement will be released to the Company and held outside of the Trust Account to fund the working capital requirements of the Company.

Appears in 2 contracts

Samples: Underwriting Agreement (Arrowroot Acquisition Corp.), Underwriting Agreement (Arrowroot Acquisition Corp.)

Working Capital. Upon consummation of the Offering, it is intended that approximately $ 1,500,000 $650,000 (or $1,471,250 747,500 if the Over-allotment Option is exercised in full) of the Offering net proceeds from the sale of Units and the Unit Private Placement Units will be released to the Company and held outside of the Trust Account to fund the working capital requirements of the Company.

Appears in 2 contracts

Samples: Underwriting Agreement (Global Consumer Acquisition Corp), Underwriting Agreement (Global Consumer Acquisition Corp)

Working Capital. Upon consummation of the Offering, it is intended that approximately $ 1,500,000 1,700,000 (or $1,471,250 1,550,000 if the Over-allotment Option is exercised in full) of the Offering proceeds and the Unit Private Placement will be released to the Company and held outside of the Trust Account to fund the working capital requirements of the Company.

Appears in 2 contracts

Samples: Underwriting Agreement (Mountain Lake Acquisition Corp.), Underwriting Agreement (Mountain Lake Acquisition Corp.)

Working Capital. Upon consummation of the Offering, it is intended that approximately $ 1,500,000 $2,050,000 (or $1,471,250 1,757,500 if all the Over-allotment Option is exercised in fullUnits are sold) of the Offering proceeds and the Unit Warrant Private Placement will be released to the Company and held outside of the Trust Account to fund the working capital requirements of the Company.

Appears in 1 contract

Samples: Underwriting Agreement (Colombier Acquisition Corp. Ii)

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Working Capital. Upon consummation of the Offering, it is intended that approximately $ 1,500,000 $1,634,250 (or which amount is intended to be approximately $1,471,250 1,575,190 if the Over-allotment Option is exercised in full) of the proceeds from the Offering proceeds and the Unit Private Placement will be released available to the Company and held outside of the Trust Account to fund the working capital requirements of the Company.

Appears in 1 contract

Samples: Underwriting Agreement (FACT II Acquisition Corp.)

Working Capital. Upon consummation of the Offering, it is intended that approximately $ 1,500,000 $1,750,000 (or $1,471,250 1,412,500 if all the Over-allotment Option is exercised in fullUnits are sold) of the Offering proceeds and the Unit Warrant Private Placement will be released to the Company and held outside of the Trust Account to fund the working capital requirements of the Company.

Appears in 1 contract

Samples: Underwriting Agreement (Colombier Acquisition Corp. Ii)

Working Capital. Upon consummation of the OfferingOffering and the Private Placements, it is intended that approximately $ 1,500,000 $141,500 (or $1,471,250 if 21,500 of the Over-allotment Option is exercised in full) of the Offering proceeds and the Unit Private Placement of such offerings will be released to held by the Company and held outside of the Trust Account and used to fund the working capital requirements of the Company.

Appears in 1 contract

Samples: Underwriting Agreement (FG Merger II Corp.)

Working Capital. Upon consummation of the OfferingOffering and the Private Placements, it is intended that approximately $ 1,500,000 $1,203,500 (or $1,471,250 1,091,000 if the Over-allotment Option is exercised in full) of the Offering proceeds and the Unit Private Placement of such offerings will be released to held by the Company and held outside of the Trust Account and used to fund the working capital requirements of the Company.

Appears in 1 contract

Samples: Underwriting Agreement (FG Merger II Corp.)

Working Capital. Upon consummation of the OfferingOffering and the Private Placement, it is intended that approximately $ 1,500,000 $1,150,000 of the proceeds from the Offering and the Private Placement (or $1,471,250 1,000,000 if the Over-allotment Option is exercised in fullfull in accordance with Section 2.1) of the Offering proceeds and the Unit Private Placement will be released to the Company and held outside of the Trust Account to fund the working capital requirements of the Company.

Appears in 1 contract

Samples: Underwriting Agreement (HCM II Acquisition Corp.)

Working Capital. Upon consummation of the Offering, it is intended that approximately $ 1,500,000 $1,530,000 of the Offering proceeds (or $1,471,250 1,115,000 if the Over-allotment Option is exercised in full) of the Offering proceeds and the Unit Private Placement will be released to the Company and held outside of the Trust Account to fund the working capital requirements of the Company.

Appears in 1 contract

Samples: Underwriting Agreement (Sizzle Acquisition Corp.)

Working Capital. Upon consummation of the Offering, it is intended that approximately $ 1,500,000 1,750,000 (or $1,471,250 1,550,000 if the Over-allotment Option is exercised in full) of the Offering proceeds and the Unit Private Placement will be released to the Company and held outside of the Trust Account to fund the working capital requirements of the Company.

Appears in 1 contract

Samples: Underwriting Agreement (Mountain Lake Acquisition Corp.)

Working Capital. Upon consummation of the OfferingOffering and the Private Placement, it is intended that approximately $ $1,500,000 (or $1,471,250 1,350,000 if the Over-allotment Option is exercised in fullexercised) of the Offering proceeds and from the Unit Private Placement will be released to the Company and held outside of the Trust Account to fund the working capital requirements of the Company.

Appears in 1 contract

Samples: Underwriting Agreement (Vine Hill Capital Investment Corp.)

Working Capital. Upon consummation of the OfferingOffering and the Private Placements, it is intended that approximately $ 1,500,000 $1,183,500 (or $1,471,250 if 958,000 of the Over-allotment Option is exercised in full) of the Offering proceeds and the Unit Private Placement of such offerings will be released to held by the Company and held outside of the Trust Account and used to fund the working capital requirements of the Company.

Appears in 1 contract

Samples: Underwriting Agreement (FG Merger III Corp.)

Working Capital. Upon consummation of the Offering, it is intended that approximately $ 1,500,000 $1,050,000 (or $1,471,250 700,000 if the Over-allotment Option is exercised in full) of the Offering proceeds and the Unit Private Placement will be released to the Company and held outside of the Trust Account to fund the working capital requirements of the Company.

Appears in 1 contract

Samples: Underwriting Agreement (BOA Acquisition Corp.)

Working Capital. Upon consummation of the OfferingOffering and the Private Placement, it is intended that approximately $ 1,500,000 $1,150,000 of the proceeds from the Offering and the Private Placement (or $1,471,250 1,000,000 if the Over-Over- allotment Option is exercised in fullfull in accordance with Section 2.1) of the Offering proceeds and the Unit Private Placement will be released to the Company and held outside of the Trust Account to fund the working capital requirements of the Company.

Appears in 1 contract

Samples: Underwriting Agreement (HCM II Acquisition Corp.)

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