Common use of Net Tangible Assets Clause in Contracts

Net Tangible Assets. Acquiror shall have at least five million one dollars ($5,000,001) of net tangible assets (as determined in accordance with Rule 3a51-1(g)(1) of the Exchange Act) remaining after the Offer.

Appears in 4 contracts

Sources: Merger Agreement (North Mountain Merger Corp.), Business Combination Agreement (Isos Acquisition Corp.), Merger Agreement (Desktop Metal, Inc.)

Net Tangible Assets. Acquiror shall have at least five million one dollars ($5,000,001) 5,000,001 of net tangible assets (as determined in accordance with Rule 3a51-1(g)(1) of the Exchange Act) remaining after the OfferClosing.

Appears in 3 contracts

Sources: Merger Agreement (Mosaic Acquisition Corp.), Merger Agreement (APX Group Holdings, Inc.), Business Combination Agreement (Saban Capital Acquisition Corp.)

Net Tangible Assets. Acquiror shall have at least five million one dollars ($5,000,001) 5,000,001 of net tangible assets (as determined in accordance with Rule 3a51-1(g)(1) of the Exchange Act) remaining after the closing of the Offer.

Appears in 1 contract

Sources: Merger Agreement (Churchill Capital Corp)