Common use of Net Tangible Assets Clause in Contracts

Net Tangible Assets. The Acquiror shall not have redeemed shares of Acquiror Common Stock in the Offer in an amount that would cause Acquiror to have less than $5,000,001 of net tangible assets (as determined in accordance with Rule 3a51-1(g)(1) of the Exchange Act).

Appears in 3 contracts

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

Net Tangible Assets. The Acquiror shall not have redeemed shares of Acquiror Class A Common Stock in the Offer in an amount that would cause Acquiror to have less than $5,000,001 of net tangible assets (as determined in accordance with Rule 3a51-1(g)(1) of the Exchange Act).

Appears in 2 contracts

Sources: Merger Agreement (Falcon Capital Acquisition Corp.), Merger Agreement (Flying Eagle Acquisition Corp.)

Net Tangible Assets. The Acquiror shall not have redeemed shares of Acquiror Common Stock Ordinary Shares in the Offer in an amount that would cause Acquiror to have less than $5,000,001 of net tangible assets (as determined in accordance with Rule 3a51-1(g)(1) of the Exchange Act)) after such redemption.

Appears in 1 contract

Sources: Business Combination Agreement (NORTHERN REVIVAL ACQUISITION Corp)

Net Tangible Assets. The Acquiror shall not have redeemed shares of Acquiror Class A Common Stock in the Offer in an amount that would cause Acquiror to have less than $5,000,001 of net tangible assets (as determined in accordance with Rule 3a51-1(g)(1) of the Exchange Act).

Appears in 1 contract

Sources: Merger Agreement (Capitol Investment Corp. V)

Net Tangible Assets. The Acquiror shall not have redeemed shares of Acquiror Common Stock Ordinary Shares in the Offer in an amount that would cause Acquiror to have less than $5,000,001 of net tangible assets (as determined in accordance with Rule 3a51-1(g)(1) of the Exchange Act).

Appears in 1 contract

Sources: Business Combination Agreement (StoneBridge Acquisition Corp.)

Net Tangible Assets. The Acquiror shall not have redeemed shares of Acquiror Common Stock in the Offer in an amount that would cause Acquiror to have less than $5,000,001 of net tangible assets (as determined in accordance with Rule 3a51-1(g)(1) of the Exchange Act).

Appears in 1 contract

Sources: Merger Agreement (ROC Energy Acquisition Corp.)