Available Financing Proceeds means, as of the Closing, an amount equal to the Available Debt Proceeds , plus any net cash proceeds to any Acquiror Entity resulting from the PIPE Investment, the Forward Purchases and any other issuance of Pure Common Stock or HighPeak Energy Common Stock after the Execution Date and prior to or at Closing.”
Available Financing Proceeds shall equal, as of the Closing, the unrestricted net cash proceeds to SPAC or OpCo resulting from the Financing Agreements (which may include forward purchase agreements or equity lines of credit to the extent the same would provide unrestricted cash proceeds to SPAC or OpCo at or prior to the Closing).”
Available Financing Proceeds. All proceeds of any debt and equity financing for the Project that are available to Borrower on the Financial Closing Date to make the payments set forth in Section 2.6(c) of this Agreement, consistent with the terms and conditions governing such debt and equity financing.
Examples of Available Financing Proceeds in a sentence
Notwithstanding the foregoing, regardless of whether the January Notes or November Notes remain outstanding, upon the occurrence of a Financing, the Holder shall be permitted to exercise its right to effect a Financing Optional Redemption with respect to any Available Financing Proceeds related thereto (each, a “Permitted Payment”).
More Definitions of Available Financing Proceeds
Available Financing Proceeds shall equal, as of the Closing, the net cash proceeds to SPAC resulting from the Subscription Agreements or any Additional Financing.
Available Financing Proceeds means, with respect to any given Financing, the portion of the Applicable Prepayment Proceeds, Applicable Option Proceeds and/or Applicable Subsequent Placement Proceeds, as applicable, allocated to the Holder in accordance with the Financing Proceeds Allocation.
Available Financing Proceeds as of the Closing, shall equal the gross cash proceeds from the Equity Financing, plus the Available Debt Proceeds, minus $10,000,000.
Available Financing Proceeds means, as of the Closing, an amount equal to the gross cash proceeds received from the Equity Financing.
Available Financing Proceeds shall equal, as of the Closing, the net cash proceeds to Pace resulting from the Subscription Agreements and the Forward Purchase Agreements.
Available Financing Proceeds shall equal, as of the Closing, the net cash proceeds to New Holdco resulting from the Subscription Agreements;
Available Financing Proceeds shall equal, as of the Closing, the net cash proceeds to the Company resulting from the Subscription Agreements or any private placements of Company Equity Securities between the date of this Agreement and the Effective Time.