GCAC definition

GCAC means Growth Capital Acquisition Corp., a Delaware corporation, which was renamed “Cepton, Inc.” in connection with the Closing.
GCAC means the Grid Code Advisory Committee established in accordance with code 5(1)(a); “generating unit” means a device used to produce electrical energy;
GCAC shall have the meaning given in the Preamble hereto.

Examples of GCAC in a sentence

  • HCAM hereby acknowledges that the aggregate gross proceeds from GCAC’s initial public offering (“IPO”), including the proceeds received upon the consummation of the exercise of the over-allotment option, and proceeds received from a private placement that closed simultaneously with the first closing of the IPO, including any accrued interest not released to GCAC in accordance with the terms of the IPO was placed in a trust account (the “Trust Account”) for the benefit of the GCAC’s public stockholders.

  • HCAM further hereby acknowledges and agrees that HCAM does not have any right, title, interest or claim of any kind in or to any monies the Trust Account established by GCAC (“Claim”) and hereby waives any Claim HCAM may have in the future as a result of, or arising out of, any negotiations, contracts or agreements with GCAC, including this Agreement and the transactions contemplated hereby, and will not seek recourse against the Trust Account for any reason whatsoever.

  • Prior to the Closing Date, each of GCAC and the Company shall exercise, consistent with the terms and conditions hereof, complete control and supervision of its respective operations, as required by Law.

  • Notwithstanding anything to the contrary herein, this Agreement shall not be amended in a manner which is not consistent with the Warrant Agreement made as of November 27, 2007, as amended by the letter agreement between GCAC and certain warrant holders dated as of July 20, 2009.

  • The logo includes the graphic representation of GCAC AND the words “Greater Columbus Arts Council.” Both elements are required anywhere the logo is included.

  • GCAC shall contribute, assign, transfer, convey and deliver 1,500,000 Initial Preferred Units to the Partnership, its successors and assigns, for its and their own use forever, and the Partnership shall accept such Initial Preferred Units, in exchange for (x) the issuance by the Partnership to GCAC of the GCAC Units and (y) the right of GCAC to receive the GCAC Cash Consideration from the Partnership by wire transfer in immediately available funds in accordance with Section 2.10(a).

  • If approved, GCAC shall be obligated, within ten days of such approval, to commence an exchange offer on substantially similar terms to the Permanent Financing Exchange term sheet to all holders of GCAC’s public shares on a pro rata basis in compliance with all federal and state laws and regulations, including the Securities Exchange Act of 1934, as amended.

  • The Acquisitions shall have been approved by the requisite number of GCAC stockholders at the Special Meeting to permit GCAC to consummate Acquisitions, and the Acquisitions shall have been consummated; provided, however, that GCAC’s obligations under Paragraph 4 above shall not be subject to the provisions of this Paragraph 5.

  • HCAM acknowledges that it may, at is option and in its sole discretion, affect the Sponsor Share Purchases at any time prior to the meeting of GCAC stockholders where such stockholders will vote to approve the Acquisitions (the “Special Meeting”).

  • This Agreement and the instruments referenced herein supersede all previous understandings or agreements among the Parties, whether oral or written, with respect to the subject matter of this Agreement and such instruments; except for that certain letter agreement, dated October 20, 2013, among GCAC, the Partnership, Terminals GP and Terminals LP attached hereto as Schedule A (the “Letter Agreement”).


More Definitions of GCAC

GCAC means Gulf Coast Asphalt Company, L.L.C., an Alabama limited liability company.
GCAC means the General Common Areas Committee as described in Section 8.6 hereof.

Related to GCAC

  • Public Stockholders means the holders of securities issued in the Public Offering; (vii) “Trust Account” shall mean the trust fund into which a portion of the net proceeds of the Public Offering shall be deposited; and (viii) “Transfer” shall mean the (a) sale of, offer to sell, contract or agreement to sell, hypothecate, pledge, grant of any option to purchase or otherwise dispose of or agreement to dispose of, directly or indirectly, or establishment or increase of a put equivalent position or liquidation with respect to or decrease of a call equivalent position within the meaning of Section 16 of the Exchange Act, and the rules and regulations of the Commission promulgated thereunder with respect to, any security, (b) entry into any swap or other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership of any security, whether any such transaction is to be settled by delivery of such securities, in cash or otherwise, or (c) public announcement of any intention to effect any transaction specified in clause (a) or (b).

  • Public Shareholders means the holders of securities issued in the Public Offering; (vii) “Trust Account” shall mean the trust fund into which a portion of the net proceeds of the Public Offering and the sale of the Private Placement Warrants shall be deposited; and (viii) “Transfer” shall mean the (a) sale of, offer to sell, contract or agreement to sell, hypothecate, pledge, grant of any option to purchase or otherwise dispose of or agreement to dispose of, directly or indirectly, or establishment or increase of a put equivalent position or liquidation with respect to or decrease of a call equivalent position within the meaning of Section 16 of the Exchange Act, and the rules and regulations of the Commission promulgated thereunder with respect to, any security, (b) entry into any swap or other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership of any security, whether any such transaction is to be settled by delivery of such securities, in cash or otherwise, or (c) public announcement of any intention to effect any transaction specified in clause (a) or (b).

  • PubCo has the meaning set forth in the Preamble.

  • TCAC means the California Tax Credit Allocation Committee.

  • Founders means all Members immediately prior to the consummation of the IPO.