Common use of Net Tangible Assets Clause in Contracts

Net Tangible Assets. Acquiror shall have at least $5,000,001 of net tangible assets (as determined in accordance with Rule 3a51-1(g)(1) of the Exchange Act) remaining after the Acquiror Stockholder Redemption.

Appears in 4 contracts

Samples: Agreement and Plan of Merger (Genesis Park Acquisition Corp.), Agreement and Plan of Merger (Churchill Capital Corp III), Agreement and Plan of Merger (Hudson Executive Investment Corp.)

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Net Tangible Assets. Acquiror shall have at least five million one dollars ($5,000,001 5,000,001) of net tangible assets (as determined in accordance with Rule 3a51-1(g)(1) of the Exchange Act) remaining after the Acquiror Stockholder RedemptionOffer.

Appears in 4 contracts

Samples: Agreement and Plan of Merger (North Mountain Merger Corp.), Agreement and Plan of Merger (Desktop Metal, Inc.), Business Combination Agreement (Isos Acquisition Corp.)

Net Tangible Assets. Acquiror Purchaser shall have at least $5,000,001 of net tangible assets (as determined in accordance with Rule 3a51-1(g)(1) of the Exchange Act) remaining after the Acquiror Stockholder closing of the Purchaser Share Redemption.

Appears in 4 contracts

Samples: Business Combination Agreement (Goal Acquisitions Corp.), Business Combination Agreement (Goal Acquisitions Corp.), Business Combination Agreement (Alternus Clean Energy, Inc.)

Net Tangible Assets. Acquiror Upon the Share Acquisition Closing, after giving effect to the Redemption, Purchaser shall have at least $5,000,001 of net tangible assets of at least five million and one Dollar ($5,000,001) (as determined in accordance with Rule 3a51-1(g)(1) of the Exchange Act) remaining after the Acquiror Stockholder Redemption).

Appears in 3 contracts

Samples: Lock Up Agreement (Vertical Aerospace Ltd.), Business Combination Agreement (Centricus Acquisition Corp.), Lock Up Agreement (Broadstone Acquisition Corp.)

Net Tangible Assets. Acquiror shall have at least $5,000,001 of net tangible assets (as determined in accordance with Rule 3a51-1(g)(1) of the Exchange Act) remaining after the Acquiror Stockholder RedemptionClosing.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (APX Group Holdings, Inc.), Business Combination Agreement (Saban Capital Acquisition Corp.), Agreement and Plan of Merger (Mosaic Acquisition Corp.)

Net Tangible Assets. Acquiror shall have at least $5,000,001 of net tangible assets (as determined in accordance with Rule 3a51-1(g)(1) of the Exchange Act) remaining after the Acquiror Stockholder Shareholder Redemption.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (KORE Group Holdings, Inc.), Agreement and Plan of Merger (Cerberus Telecom Acquisition Corp.), Agreement and Plan of Merger (KORE Group Holdings, Inc.)

Net Tangible Assets. Acquiror shall have at least $5,000,001 of net tangible assets (as determined in accordance with Rule 3a51-1(g)(1) of the Exchange Act) remaining upon the consummation of the Closing (after giving effect to the Acquiror Stockholder Shareholder Redemption, the receipt of the PIPE Investment Amount, and the other transactions contemplated to occur on the Closing Date, including the payment of the Acquiror Expenses and Company Expenses).

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Supernova Partners Acquisition Co II, Ltd.), Agreement and Plan of Merger (Supernova Partners Acquisition Co II, Ltd.)

Net Tangible Assets. Acquiror Buyer shall have at least $5,000,001 of net tangible assets (as determined in accordance with Rule 3a51-1(g)(1) of the Exchange Act) remaining after the Acquiror Buyer Stockholder RedemptionRedemption and immediately prior to Closing.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Unique Logistics International, Inc.), Agreement and Plan of Merger (Edify Acquisition Corp.)

Net Tangible Assets. Acquiror shall have at least $5,000,001 of net tangible assets (as determined in accordance with Rule 3a51-1(g)(1) of the Exchange Act) remaining immediately following the Closing (after giving effect to the exercise by the holders of Acquiror Stockholder RedemptionCommon Stock of their right to redeem their Acquiror Common Stock into their pro rata share of the Trust Account in accordance with Acquiror certificate of incorporation, the PIPE Investment and the other transactions contemplated hereby to occur upon the Closing, including the payment of Transaction Expenses).

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Experience Investment Corp.), Agreement and Plan of Merger (Acamar Partners Acquisition Corp.)

Net Tangible Assets. Acquiror Buyer shall have at least $5,000,001 of net tangible assets (as determined in accordance with Rule 3a51-1(g)(1) of the Exchange Act) remaining after the Acquiror Buyer Stockholder Redemption.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Mudrick Capital Acquisition Corp. II), Letter Agreement (Mudrick Capital Acquisition Corp. II)

Net Tangible Assets. Acquiror shall have at least $5,000,001 of net tangible assets (as determined in accordance with Rule 3a51-1(g)(1) of the Exchange Act) remaining after giving effect to redemption of any shares of Acquiror Common Stock pursuant to the Acquiror Stockholder RedemptionOffer and after Acquiror’s receipt of the proceeds under the Subscription Agreements.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Flame Acquisition Corp.), Agreement and Plan of Merger (Sable Offshore Corp.)

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Net Tangible Assets. Acquiror Buyer shall have at least $5,000,001 of net tangible assets (as determined in accordance with Rule 3a51-1(g)(1) of the Exchange Act) remaining after the Acquiror Stockholder RedemptionRedemption Offer is completed.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Churchill Capital Corp II)

Net Tangible Assets. Acquiror shall have at least $5,000,001 of net tangible assets (as determined in accordance with Rule 3a51-1(g)(1) of the Exchange Act) remaining after the Acquiror Stockholder Redemptionclosing of the Offer.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Churchill Capital Corp)

Net Tangible Assets. Acquiror shall have at least $5,000,001 of net tangible assets (as determined in accordance with Rule 3a51-1(g)(1) of the Exchange Act) remaining in the Trust Account after the Closing and after giving effect to the payment of the aggregate amount of cash that will be required to satisfy the redemption of any shares of Acquiror Stockholder RedemptionCommon Stock pursuant to the Redemption Offer.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Osprey Technology Acquisition Corp.)

Net Tangible Assets. Acquiror shall have at least $5,000,001 of net tangible assets immediately prior to (as determined in accordance with Rule 3a51-1(g)(1) of the Exchange Act) remaining after following the Acquiror Stockholder Share Redemption), or upon consummation of, the Merger.

Appears in 1 contract

Samples: Joinder Agreement (Tlgy Acquisition Corp)

Net Tangible Assets. Acquiror shall have at least $5,000,001 of net tangible assets (either immediately prior to or upon the Closing Date, as determined in accordance with Rule 3a51-1(g)(1) of the Exchange Act) remaining after the Acquiror Stockholder Redemption.

Appears in 1 contract

Samples: Letter Agreement Regarding Due Diligence (Astrea Acquisition Corp.)

Net Tangible Assets. Acquiror Purchaser shall have at least $5,000,001 of net tangible assets (as determined in accordance with Rule 3a51-1(g)(1) of the Exchange Act) remaining after the Acquiror Stockholder Redemptionclosing of the Offer.

Appears in 1 contract

Samples: Business Combination Agreement (Magnum Opus Acquisition LTD)

Net Tangible Assets. Acquiror shall have at least $5,000,001 of net tangible assets (as determined in accordance with Rule 3a51-1(g)(1) of the Exchange Act) remaining upon the consummation of the Closing (after giving effect to the Acquiror Stockholder Redemption, the receipt of the PIPE Investment Amount and the Forward Purchase Amount, and the other transactions contemplated to occur on the Closing Date, including the payment of the Acquiror Expenses and Company Expenses).

Appears in 1 contract

Samples: Agreement and Plan of Merger (Supernova Partners Acquisition Company, Inc.)

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