Combination Period definition

Combination Period means the period ending 21 months from the consummation of the IPO; and (vi) “Trust Account” shall mean the trust fund into which a portion of the net proceeds of the IPO and the sale of the Private Placement Warrants shall be deposited.

Combination Period means the period of time from the closing of the IPO to consummate the initial Business Combination pursuant to CLAQ’s Current Charter.

Combination Period means the period of time until July 2, 2023 (or if such date is further extended at a duly called extraordinary general meeting, such later date), by which time SCS must complete a Business Combination pursuant to its Memorandum and Articles of Association;

Examples of Combination Period in a sentence

• If the Company is unable to complete a Business Combination within the Combination Period and the Company liquidates the funds held in the Trust Account, holders of warrants will not receive any of such funds with respect to their warrants, nor will they receive any distribution from the Company’s assets held outside of the Trust Account with the respect to such warrants.

• If the Company does not complete a Business Combination within the Combination Period, the Private Placement Warrants will expire worthless.

• If the Company does not complete a Business Combination within the Combination Period, the proceeds of the sale of the Private Placement Warrants will be used to fund the redemption of the Public Shares (subject to the requirements of applicable law) and the Private Placement Warrants will expire worthless.

• If the Company does not complete a Business Combination within the Combination Period, the warrants included in the Private Placement Units will expire worthless.

• If the Initial Business Combination is not completed within the Combination Period, the proceeds from the sale of the Private Placement Warrants held in the Trust Account will be used to fund the redemption of the Public Shares (subject to the requirements of applicable law) and the Private Placement Warrants will expire worthless.

More Definitions of Combination Period

Combination Period means the period to consummate the initial business combination.

Combination Period means the 24 months from the closing of the IPO within which Collier Creek is required to complete an initial business combination under its Amended and Restated Memorandum and Articles of Association.

Combination Period means the period following the closing of the Offering at the end of which, if the Corporation has not completed its initial Business Combination, we will redeem 100% of the public shares at a per share price, payable in cash, equal to the aggregate amount then on deposit in the trust account, including interest earned on the funds held in the trust account and not previously released to us to pay our taxes, if any (less up to $50,000 of interest to pay dissolution expenses), divided by the number of then outstanding public shares, subject to applicable law and certain conditions and as further described herein. The combination period ends 9 months from the closing of the Offering, which may be extended up to nine (9) times by an additional one month each time for a total of 18 months. In addition, we will be entitled to an automatic three-month extension if we enter into a definitive agreement in connection with our initial Business Combination during the 9-month period or Paid Extension Period, to consummate a Business Combination.

Combination Period means the period from the closing of the initial public offering to September 8, 2024, the date by which Digital World had to consummate an initial business combination.

Combination Period means the 24 months from the closing of the IPO, within which ABIC is required to complete an initial business combination under the Existing Organizational Documents.

Combination Period means the period by which the Company must complete the Transaction, this being by January 22, 2024.

Combination Period means the period ended May 3, 2024, the deadline for consummating CONX’s initial business combination, unless extended in accordance with our Articles;