Common use of Working Capital Clause in Contracts

Working Capital. Upon consummation of the Offering, it is intended that approximately $3,000,000 of the proceeds from the offering and the 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 5 contracts

Samples: Underwriting Agreement (Corner Growth Acquisition Corp. 2), Underwriting Agreement (Corner Growth Acquisition Corp. 2), Underwriting Agreement (Corner Growth Acquisition Corp. 2)

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Working Capital. Upon consummation of the Offering, it is intended that approximately initially $3,000,000 300,000 of the Offering proceeds from the offering and the 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 4 contracts

Samples: Underwriting Agreement (Environmental Impact Acquisition Corp), Underwriting Agreement (Environmental Impact Acquisition Corp), Underwriting Agreement (Collabrium Japan Acquisition Corp)

Working Capital. Upon consummation of the OfferingOffering and the Warrant Private Placement, it is intended that approximately $3,000,000 1,450,000 of the proceeds from the offering Offering and the 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 4 contracts

Samples: Underwriting Agreement (Cartesian Growth Corp II), Underwriting Agreement (Cartesian Growth Corp II), Underwriting Agreement (IX Acquisition Corp.)

Working Capital. Upon consummation of the OfferingOffering and the Warrant Private Placement, it is intended that approximately $3,000,000 1,000,000 of the proceeds from the offering Offering and the 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 4 contracts

Samples: Underwriting Agreement (Translational Development Acquisition Corp.), Underwriting Agreement (Space Acquisition Corp. I), Underwriting Agreement (Cartesian Growth Corp)

Working Capital. Upon consummation of the Offering, it is intended that approximately $3,000,000 2,635,500 of the proceeds from of the offering Offering and the 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 3 contracts

Samples: Underwriting Agreement (C5 Acquisition Corp), Underwriting Agreement (C5 Acquisition Corp), Underwriting Agreement (C5 Acquisition Corp)

Working Capital. Upon consummation of the Offering, it is intended that approximately $3,000,000 1,450,000 of the Offering proceeds from the offering and the Warrant 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 (Israel Acquisitions Corp), Underwriting Agreement (Israel Acquisitions Corp)

Working Capital. Upon consummation of the Offering, it is intended that approximately $3,000,000 (the “Working Capital”) of the proceeds from of the offering and the Warrant Private Placement will be released to the Company and held outside of the Trust Account Company, in accordance with Section 3.29 hereof, to fund the working capital requirements of the Company.

Appears in 2 contracts

Samples: Underwriting Agreement (Seanergy Maritime Corp.), Underwriting Agreement (Seanergy Maritime Corp.)

Working Capital. Upon consummation of the Offering, it is intended that approximately $3,000,000 1,250,000 of the proceeds from the offering Offering and the 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 2 contracts

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

Working Capital. Upon consummation of the Offering, it is intended that approximately $3,000,000 2,350,000 of the Offering proceeds from the offering and the 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 2 contracts

Samples: Underwriting Agreement (AXIOS Sustainable Growth Acquisition Corp), Underwriting Agreement (AXIOS Sustainable Growth Acquisition Corp)

Working Capital. Upon consummation of the Offering, it is intended that approximately $3,000,000 1,550,000 of the Offering proceeds from the offering and the 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 2 contracts

Samples: Underwriting Agreement (Onyx Acquisition Co. I), Underwriting Agreement (Onyx Acquisition Co. I)

Working Capital. Upon consummation of the Offering, it is intended that approximately $3,000,000 735,000 of the proceeds from the offering Offering and the 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 2 contracts

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

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Working Capital. Upon consummation of the OfferingOffering and the Warrant Private Placement, it is intended that approximately $3,000,000 1,500,000 of the proceeds from the offering Offering and the 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 2 contracts

Samples: Underwriting Agreement (Dynamix Corp), Underwriting Agreement (Dynamix Corp)

Working Capital. Upon consummation of the Offering, it is intended that approximately $3,000,000 2,050,000 of the Offering proceeds from the offering and the 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 2 contracts

Samples: Underwriting Agreement (SHUAA Partners Acquisition Corp I), Underwriting Agreement (SHUAA Partners Acquisition Corp I)

Working Capital. Upon consummation of the Offering, it is intended that approximately $3,000,000 2,350,000 of the Offering proceeds from the offering and the Warrant 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 (GSR III Acquisition Corp.)

Working Capital. Upon consummation of the Offering, it is intended that approximately $3,000,000 1,645,000 of the proceeds from the offering Offering and the 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 (Sanaby Health Acquisition Corp. I)

Working Capital. Upon consummation of the Offering, it is intended that approximately $3,000,000 [•] of the proceeds from the offering Offering and the 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 (Blockchain Coinvestors Acquisition Corp. I)

Working Capital. Upon consummation of the Offering, it is intended that approximately $3,000,000 1,450,000 of the Offering proceeds from the offering and the 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 (Consilium Acquisition Corp I, Ltd.)

Working Capital. Upon consummation of the Offering, it is intended that approximately $3,000,000 1,450,000 of the proceeds from the offering Offering and the 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 (Virtuoso Acquisition Corp. 2)

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