Minimum Cash Condition definition

Minimum Cash Condition has the meaning set forth in Section 6.3(d).
Minimum Cash Condition has the meaning specified in Section 10.03(f).
Minimum Cash Condition means FTOC having at least $325,000,000 in Marketable securities held in Trust Account after giving effect to the exercise by the holders of shares of FTOC issued in FTOC’s initial public offering of securities and outstanding immediately before the Closing of their right to redeem such shares into a pro rata share of the trust account in accordance with FTOC’s governing documents (but excluding, for the avoidance of doubt, the effect of the proceeds actually paid to FTOC upon consummation of the PIPE Investment).

Examples of Minimum Cash Condition in a sentence

  • Furthermore, Counterparty shall have satisfied the Minimum Cash Condition set forth in Section 6.1(g) of the Business Combination Agreement.

  • For the avoidance of doubt, it is acknowledged and agreed that a waiver of the Minimum Cash Condition (as set forth in Section 11.03(d) of the Transaction Agreement) is permitted.

  • If FinServ would be left with less than $5,000,001 of net tangible assets as a result of the holders of Class A Common Stock properly demanding redemption of their shares for cash or the Minimum Cash Condition would not be satisfied, FinServ will not be able to consummate the merger.

  • The Group Parties hereby mutually and irrevocably waive the condition to Closing set forth in Section 9.3(k) (Minimum Cash Condition).

  • At last, Mridulaben Sarabhai was made solely responsible for the work of recovery of women.The people of Punjab had great respect for Mridulaben.


More Definitions of Minimum Cash Condition

Minimum Cash Condition means the aggregate cash available to CLAQ at Closing from the Trust Account and the PIPE Investment (after giving effect to the redemption and the payment of all expenses) shall equal or exceed $50,000,000.
Minimum Cash Condition means the sum of the amount in the Trust Account (after giving effect to all redemptions of SCS Class A ordinary shares but prior to payment of any deferred underwriting commission and any transaction expenses) and the proceeds from the PIPE Investment equaling or exceeding $500,000,000;
Minimum Cash Condition means the condition to the Closing, which may be waived by Shapeways, that, upon the Closing, Galileo have cash or cash equivalents, including funds remaining in the Trust Account (after giving effect to the completion and payment of the Redemption) and the proceeds of any PIPE Investment, prior to giving effect to the payment of Galileo’s unpaid transaction expenses or liabilities, at least equal to one hundred million dollars ($100,000,000).
Minimum Cash Condition means the condition, which may be waived by Stryve, to Stryve’s obligations under the Business Combination Agreement that, upon the Closing, after giving effect to completion of the Business Combination and payment of redemptions, if any, Andina shall have cash or cash equivalents equal to at least$19,000,000, less certain proceeds received by Stryve from Bridge Notes (including as a result of satisfaction or offset). “Nasdaq” means the Nasdaq Capital Market.
Minimum Cash Condition means the minimum of $400,000,000 in cash and cash equivalents, including funds in the Trust Account and from any equity financing, that Alussa and Pubco must have after giving effect to the Redemption, but prior to the payment of any expenses or other liabilities, as a condition to Closing.
Minimum Cash Condition means the Aggregate Parent Closing Cash being at least $38,000,000. The Minimum Cash Condition may be waived by Picard in its sole discretion;
Minimum Cash Condition means the condition for Collier Creek to have a Minimum Cash Amount of at least $300,000,000 immediately prior to the Closing.