Common use of Buyer Contribution Clause in Contracts

Buyer Contribution. On the terms and subject to the conditions set forth herein, on the Closing Date, at the Effective Time, the Buyer shall contribute to OpCo, as a capital contribution in exchange for the Contribution Units pursuant to Section 4.1(b)(ii), (a) the Aggregate Cash Proceeds less (b) the Buyer Transaction Expenses and the Company Transaction Expenses.

Appears in 1 contract

Sources: Business Combination Agreement (Alchemy Investments Acquisition Corp 1)

Buyer Contribution. On the terms and subject to the conditions set forth herein, on the Closing Date, at the Effective Time, the Buyer shall contribute to OpCo, as a capital contribution in exchange for a portion of the Contribution Units pursuant to Section 4.1(b)(ii)acquired in connection with the Merger, (a) the Aggregate Cash Proceeds less (b) the Buyer Transaction Expenses and (the Company Transaction Expenses“Contributed Cash”).

Appears in 1 contract

Sources: Business Combination Agreement (Aldel Financial Inc.)