Common use of Minimum Cash Condition Clause in Contracts

Minimum Cash Condition. The aggregate cash available to Acquiror at the Closing from the Trust Account, pursuant to a debt or equity financing or otherwise (after giving effect to the redemption of any shares of Acquiror Common Stock in connection with the Offer) shall equal or exceed $3,500,000 (the “Minimum Cash Condition”).

Appears in 1 contract

Sources: Merger Agreement (Western Acquisition Ventures Corp.)

Minimum Cash Condition. The aggregate cash available to Acquiror at the Closing from the Trust Account, pursuant to a debt or equity financing or otherwise Account and the Equity Financing (after giving effect to the redemption of any shares of Acquiror Common Stock in connection with the OfferOffer but prior to paying all Outstanding Acquiror Expenses and Outstanding Company Expenses) shall equal or exceed Fifty-Five Million Dollars ($3,500,000 (the “Minimum Cash Condition”55,000,000).

Appears in 1 contract

Sources: Merger Agreement (ROC Energy Acquisition Corp.)

Minimum Cash Condition. The aggregate cash available to Acquiror at the Closing from the Trust Account, pursuant to a debt or equity financing or otherwise Account and the Equity Financing (after giving effect to the redemption of any shares of Acquiror Common Stock in connection with the OfferOffer and the payment of the Outstanding Acquiror Expenses and the Outstanding Company Expenses) shall equal or exceed $3,500,000 50,000,000 (the “Minimum Cash Condition”).

Appears in 1 contract

Sources: Merger Agreement (Cleantech Acquisition Corp.)

Minimum Cash Condition. The aggregate cash available to Acquiror at the Closing from the Trust Account, pursuant to a debt or equity financing or otherwise the ATW Convertible Note and the Equity Financing (after giving effect to the redemption of any shares of Acquiror Common Stock in connection with the OfferOffer and the payment of the Outstanding Acquiror Expenses and the Outstanding Company Expenses) shall equal or exceed $3,500,000 50,000,000 (the “Minimum Cash Condition”).

Appears in 1 contract

Sources: Agreement and Plan of Merger (Cleantech Acquisition Corp.)

Minimum Cash Condition. The aggregate cash available to Acquiror Purchaser at the Closing from the Trust Account, pursuant to a debt or equity financing or otherwise Account and any Transaction Financing (after giving effect to the redemption of any shares of Acquiror Common Stock Purchaser Shares in connection with the OfferTransactions and after paying all Company Transaction Expenses and Purchaser Transaction Expenses) shall equal or exceed $3,500,000 (the “Minimum Cash Condition”)17,250,000.

Appears in 1 contract

Sources: Business Combination Agreement (AlphaVest Acquisition Corp.)

Minimum Cash Condition. The aggregate cash available to Acquiror at the Closing from the Trust Account, pursuant to a debt or equity financing or otherwise Account and the Transaction Financing (after giving effect to the redemption of any shares of Acquiror Common Stock Ordinary Shares in connection with the OfferOffer but prior to the payment of the Outstanding Acquiror Expenses and the Outstanding Company Expenses) shall equal or exceed Twenty Million Dollars ($3,500,000 (the “Minimum Cash Condition”20,000,000).

Appears in 1 contract

Sources: Business Combination Agreement (StoneBridge Acquisition Corp.)

Minimum Cash Condition. The aggregate cash available to Acquiror at the Closing from the Trust Account, pursuant to a debt or equity financing or otherwise Account and the Equity Financing (after giving effect to the redemption of any shares of Acquiror Common Stock in connection with the Offer, but before giving effect to the consummation of the Closing and the payment of the Outstanding Acquiror Expenses and the Outstanding Company Expenses) shall equal or exceed $3,500,000 (the “Minimum Cash Condition”)550,000,000.

Appears in 1 contract

Sources: Merger Agreement (Flying Eagle Acquisition Corp.)