Common use of Net Proceeds Clause in Contracts

Net Proceeds. The Company will apply the net proceeds received by it from the Offering and the sale of the Insider Warrants in a manner consistent with the applications described under the caption “Use of Proceeds” in the Disclosure Package and the Prospectus.

Appears in 3 contracts

Sources: Underwriting Agreement (Sapphire Industrials Corp.), Underwriting Agreement (Sapphire Industrials Corp.), Underwriting Agreement (Sapphire Industrials Corp.)

Net Proceeds. The Company will apply the net proceeds received by it from the Offering and the sale of the Insider Warrants Private Placement in a manner consistent with the applications described under the caption “Use of Proceeds” in the Disclosure Package and the Prospectus.

Appears in 2 contracts

Sources: Underwriting Agreement (SP Acquisition Holdings, Inc.), Underwriting Agreement (SP Acquisition Holdings, Inc.)

Net Proceeds. The Company will apply the net proceeds received by it from the Offering and the sale of the Insider Sponsors’ Warrants in a manner consistent with the applications described under the caption “Use of Proceeds” in the Disclosure Package and the Prospectus.

Appears in 1 contract

Sources: Underwriting Agreement (Triplecrown Acquisition Corp.)