Parent Stockholder Redemption Amount definition
Parent Stockholder Redemption Amount means the aggregate amount of cash proceeds required to satisfy any acceptance and exercise by stockholders of Parent of the Parent Offer to have shares of Parent Class A Common Stock redeemed.
Parent Stockholder Redemption Amount means the aggregate amount payable with respect to all Parent Stockholder Redemptions.
Examples of Parent Stockholder Redemption Amount in a sentence
Parent shall have transferred or as of the Closing shall transfer to Company cash or immediately available funds equal to the funds in the Trust Account (net of the Parent Stockholder Redemption Amount and payment of any Transactions Expenses of Parent), together with the net cash proceeds to Parent resulting from any issuance of Parent Class A Common Stock after the date hereof and before the Closing.