Minimum Proceeds. The Company shall have received commitments from the Investors, together with additional investors not party to this Agreement, to purchase securities of the Company with a minimum aggregate value of $9 million.
Minimum Proceeds. The Company shall have available at the Closing cash and cash equivalents in an aggregate amount not less than $50,000,000, including, without duplication, (i) the cash available to SPAC from the Trust Account (after giving effect to (x) the redemption of any shares of Class A Common Stock by the stockholders of SPAC in connection with the SPAC Proposals and (y) any Stock Buyback Tax incurred in respect of the SPAC Proposals and the Extension Proposal), (ii) cash and cash equivalents held by the Company and the Company Subsidiaries as of immediately prior to the Closing, (iii) any amounts or proceeds received pursuant to the Convertible Financing in connection with the Closing (for the avoidance of doubt, excluding any amounts which have been previously funded prior to the Closing Date, except to the extent such amounts are held by the Company and the Company Subsidiaries as of immediately prior to the Closing), and (iv) any amounts or proceeds received pursuant to the PIPE Financing in connection with the Closing, and after giving effect to the payment of any Outstanding Company Transaction Expenses and Outstanding SPAC Transaction Expenses.
Minimum Proceeds. 2 Net After-Tax Income .......................................................................................... Exhibit 1
Minimum Proceeds. The parties hereby acknowledge that the consent and waiver granted by the Purchaser pursuant to this Agreement is conditional upon TPL receiving a minimum of US$10 million of aggregate gross proceeds from the issue of ordinary shares of £0.01 each in the capital of TPL in connection with a proposed investment in TPL to be completed on or about the date of this Agreement.
Minimum Proceeds. The Company shall have received an amount on the Closing Date pursuant to Section 2.1(c)(2) hereof, as payment for the balance of the aggregate purchase price proceeds after payment of fees and expenses to the Placement Agent, of no less than $20.0 million.
Minimum Proceeds. A minimum number of shares of Series B Preferred Stock having an aggregate purchase price of not less than Three Million Dollars shall have been purchased by subscribers, including the Purchaser.
Minimum Proceeds. There shall be issued at the Closing, Series B Shares with an aggregate purchase price of at least $850,000.
Minimum Proceeds. The Indigo Purchasers shall purchase $45,000,000 of Securities and Holdings III and Holdings III-A shall purchase $15,000,000 of Securities.
Minimum Proceeds. Lender shall have no obligation, and there is no agreement or understanding obligating Lender, to consent to a sale that would constitute a Non-Qualifying Sale if Lender were to consent to such sale. The Administrative Agent’s lien on the Marcellus Assets and Borrower’s equity held for the benefit of the Lender shall not be released if less than $*** is paid to Lender (excluding any payment made to Lender under this Agreement), except in connection with a Non-Qualifying Sale.
Minimum Proceeds. “Minimum Proceeds” means the aggregate dollar amount derived from the Minimum Offering at the Price Per Share.
