Target Business definition

Target Business means any businesses or entity with whom the Company wishes to undertake a Business Combination;

Target Business means the business conducted by the Target Companies;

Target Business means an operating businesses with whom the Company wishes to undertake a Business Combination;

Examples of Target Business in a sentence

• The Company is not required to obtain an opinion as to the fair market value if the Company’s Board of Directors independently determines that the Target Business does have sufficient fair market value.

• The Company agrees that the Target Business that it acquires must have a fair market value equal to at least 80% of the balance in the Trust Account at the time of signing the definitive agreement for the Business Combination with such Target Business (excluding taxes payable and the Deferred Underwriting Commissions).

• The Company is not required to obtain such an opinion as to the fair market value if the Company’s Board of Directors independently determines that the Target Business does have sufficient fair market value.

• The Company is not required to obtain an opinion from an investment banking firm as to the fair market value if the Company’s Board of Directors independently determines that the Target Business does have sufficient fair market value.

• The Company is not required to obtain an opinion from an investment banking firm as to the fair market value if the Company's Board of Directors independently determines that the Target Business does have sufficient fair market value.

More Definitions of Target Business

Target Business means the business conducted by the Target Companies as of the date hereof.

Target Business means one or more operating businesses having its primary operations in Asia (including, without limitation, each country located in the Eastern, Southern and South Eastern subregions of Asia, but specifically excluding North Korea), which, after completion of the IPO, the Company may target for a Business Combination.

Target Business means an operating business based either in the United States or abroad that conducts business in the homeland security, national security and/or command and control industries or a business relating to the manufacture of products for use in such industries.

Target Business or “Target Businesses”), whose collective fair market value is equal to at least 80% of the balance in the Trust Fund, excluding deferred underwriting discounts and commissions of $7.5 million, or approximately $8.63 million if the underwriters’ over-allotment option is exercised in full.

Target Business means any operating business in the federal services and defense industries which the Company seeks to acquire in a Business Combination; and (vii) “Trust Fund” shall mean the Trust Account established under that certain Investment Management Trust Agreement, dated as of the date hereof, between the Company and Continental Stock Transfer & Trust Company.

Target Business means an operating business proposed to be acquired in a Business Combination.

Target Business means an operating business with its principal operations in Greater China (as described in the Registration Statement).