Common use of Private Placement Proceeds Clause in Contracts

Private Placement Proceeds. Immediately upon establishment of the Trust Fund and prior to the Closing, the Company shall deposit $5,725,000 of the proceeds from the Private Placement in the Trust Fund and shall provide Maxim with evidence of the same.

Appears in 3 contracts

Sources: Underwriting Agreement (Asia Special Situation Acquisition Corp), Underwriting Agreement (Asia Special Situation Acquisition Corp), Underwriting Agreement (Asia Special Situation Acquisition Corp)

Private Placement Proceeds. Immediately upon establishment of the Trust Fund and prior to the Closing, the Company shall deposit $5,725,000 1,638,800 of the proceeds from the Private Placement in the Trust Fund and shall provide Maxim the Representative with evidence of the same.

Appears in 3 contracts

Sources: Underwriting Agreement (Prime Acquisition Corp), Underwriting Agreement (Prime Acquisition Corp), Underwriting Agreement (Prime Acquisition Corp)

Private Placement Proceeds. Immediately upon establishment of the Trust Fund and prior to the Closing, the Company shall deposit $5,725,000 1,500,000 of the proceeds from the Private Placement in the Trust Fund and shall provide Maxim with evidence of the same.

Appears in 3 contracts

Sources: Underwriting Agreement (Pinpoint Advance CORP), Underwriting Agreement (Pinpoint Advance CORP), Underwriting Agreement (Pinpoint Advance CORP)

Private Placement Proceeds. Immediately upon establishment of the Trust Fund and prior to the Closing, the Company shall deposit $5,725,000 2,500,000 of the proceeds from the Private Placement in the Trust Fund and shall provide Maxim the Representative with evidence of the same.

Appears in 3 contracts

Sources: Underwriting Agreement (China Resources Ltd.), Underwriting Agreement (China Resources Ltd.), Underwriting Agreement (China Energy & Resources LTD)

Private Placement Proceeds. Immediately upon establishment of the Trust Fund and prior to the Closing, the Company shall deposit $5,725,000 all of the net proceeds from the Private Placement in the Trust Fund ($705,000) and shall provide Maxim ▇▇▇▇▇▇ with evidence of the same.

Appears in 2 contracts

Sources: Underwriting Agreement (Vector Intersect Security Acquisition Corp.), Underwriting Agreement (Vector Intersect Security Acquisition Corp.)

Private Placement Proceeds. Immediately upon establishment of the Trust Fund and prior to the Closing, the Company shall deposit $5,725,000 1,425,000 of the proceeds from the Private Placement in the Trust Fund and shall provide Maxim the Representatives with evidence of the same.

Appears in 2 contracts

Sources: Underwriting Agreement (BBV Vietnam S.E.A. Acquisition Corp.), Underwriting Agreement (BBV Vietnam S.E.A. Acquisition Corp.)

Private Placement Proceeds. Immediately upon establishment of the Trust Fund and prior to the Closing, the Company shall deposit $5,725,000 1,000,002 of the proceeds from the Private Placement in the Trust Fund and shall provide Maxim TEP with evidence of the same.

Appears in 2 contracts

Sources: Underwriting Agreement (Highbury Financial Inc), Underwriting Agreement (Highbury Financial Inc)

Private Placement Proceeds. Immediately upon establishment of the Trust Fund and prior to the Closing, the Company shall deposit $5,725,000 960,000 of the proceeds from the Private Placement in the Trust Fund and shall provide Maxim with evidence of the same.

Appears in 2 contracts

Sources: Underwriting Agreement (Industrial Services Acquisition Corp.), Underwriting Agreement (Industrial Services Acquisition Corp.)

Private Placement Proceeds. Immediately upon establishment of the Trust Fund and prior to the Closing, the Company shall deposit $5,725,000 ___of the proceeds from the Private Placement in the Trust Fund and shall provide Maxim TEP with evidence of the same.

Appears in 1 contract

Sources: Underwriting Agreement (Acquicor Technology Inc)

Private Placement Proceeds. Immediately upon establishment of the Trust Fund and prior to the ClosingEffective Date, the Company shall deposit $5,725,000 of the proceeds from the Private Placement in the Trust Fund and shall provide Maxim with evidence of the same.

Appears in 1 contract

Sources: Underwriting Agreement (Asia Special Situation Acquisition Corp)

Private Placement Proceeds. Immediately upon establishment of the Trust Fund and prior to the ClosingEffective Date, the Company shall deposit $5,725,000 1,250,000 of the proceeds from the Private Placement in the Trust Fund and shall provide Maxim ▇▇▇▇▇▇ ▇▇▇▇▇▇ & Co. with evidence of the same.

Appears in 1 contract

Sources: Underwriting Agreement (Beverage Acquisition CORP)

Private Placement Proceeds. Immediately upon establishment of the Trust Fund and prior to the Closing, the Company shall deposit $5,725,000 985,000 of the proceeds from the Private Placement in the Trust Fund and shall provide Maxim R▇▇▇▇▇ with evidence of the same.

Appears in 1 contract

Sources: Underwriting Agreement (Argyle Security Acquisition CORP)

Private Placement Proceeds. Immediately upon establishment of the Trust Fund and prior to the Closing, the Company shall deposit $5,725,000 550,000 of the proceeds from the Private Placement in the Trust Fund and shall provide Maxim M▇▇▇▇▇ ▇▇▇▇▇▇ & Co. with evidence of the same.

Appears in 1 contract

Sources: Underwriting Agreement (Echo Healthcare Acquisition Corp.)

Private Placement Proceeds. Immediately upon establishment of the Trust Fund and prior to the Closing, the Company shall deposit $5,725,000 10,452,975 of the proceeds from the Private Placement in the Trust Fund and shall provide Maxim with evidence of the same.

Appears in 1 contract

Sources: Underwriting Agreement (Star Maritime Acquisition Corp.)

Private Placement Proceeds. Immediately upon establishment of the Trust Fund and prior to the Closing, the Company shall deposit $5,725,000 2,500,000 of the proceeds from the Private Placement in the Trust Fund and shall provide Maxim ▇▇▇▇▇▇ ▇▇▇▇▇▇ & Co. with evidence of the same.

Appears in 1 contract

Sources: Underwriting Agreement (Global Technology Industries, Inc.)

Private Placement Proceeds. Immediately upon establishment of the Trust Fund and prior to the Closing, the Company shall deposit $5,725,000 1,430,000 of the proceeds from the Private Placement in the Trust Fund and shall provide Maxim the Representatives with evidence of the same.

Appears in 1 contract

Sources: Underwriting Agreement (TransTech Services Partners Inc.)

Private Placement Proceeds. Immediately upon establishment of the Trust Fund and prior to the Closing, the Company shall deposit $5,725,000 12,250,000 of the proceeds from the Private Placement in the Trust Fund and shall provide Maxim the Representative with evidence of the same.

Appears in 1 contract

Sources: Underwriting Agreement (United Refining Energy Corp)

Private Placement Proceeds. Immediately upon establishment of the Trust Fund and prior to the Closing, the Company shall deposit $5,725,000 1,500,000 of the proceeds from the Private Placement in the Trust Fund and shall provide Maxim ▇▇▇▇▇▇ ▇▇▇▇▇▇ & Co. with evidence of the same.

Appears in 1 contract

Sources: Underwriting Agreement (HD Partners Acquisition CORP)

Private Placement Proceeds. Immediately upon establishment of the Trust Fund and prior to the Closing, the Company shall deposit $5,725,000 1,230,000 of the proceeds from the Private Placement in the Trust Fund and shall provide Maxim the Representatives with evidence of the same.

Appears in 1 contract

Sources: Underwriting Agreement (TransTech Services Partners Inc.)

Private Placement Proceeds. Immediately upon establishment of the Trust Fund and prior to the Closing, the Company shall deposit $5,725,000 17,250,000 of the proceeds from the Private Placement in the Trust Fund and shall provide Maxim the Representatives with evidence of the same.

Appears in 1 contract

Sources: Underwriting Agreement (United Refining Energy Corp)

Private Placement Proceeds. Immediately upon establishment of the Trust Fund and prior to the Closing, the Company shall deposit $5,725,000 12,250,000 of the proceeds from the Private Placement in the Trust Fund and shall provide Maxim the Representatives with evidence of the same.

Appears in 1 contract

Sources: Underwriting Agreement (United Refining Energy Corp)

Private Placement Proceeds. Immediately upon establishment of the Trust Fund and prior Prior to the Closing, the Company shall deposit $5,725,000 all of the net proceeds from the Private Placement in the Trust Fund ($2,170,000) and shall provide Maxim the Representative with evidence of the same.

Appears in 1 contract

Sources: Underwriting Agreement (Cazador Acquisition Corp Ltd.)

Private Placement Proceeds. Immediately upon establishment of the Trust Fund and prior to the Closing, the Company shall deposit $5,725,000 2,000,004 of the proceeds from the Private Placement in the Trust Fund and shall provide Maxim TEP with evidence of the same.

Appears in 1 contract

Sources: Underwriting Agreement (Acquicor Technology Inc)

Private Placement Proceeds. Immediately upon establishment of the Trust Fund and prior to the Closing, the Private Placement shall be consummated and the Company shall deposit $5,725,000 8,253,980 of the proceeds from the Private Placement in the Trust Fund and shall provide Maxim with evidence of the same.

Appears in 1 contract

Sources: Underwriting Agreement (Energy Infrastructure Acquisition Corp.)

Private Placement Proceeds. Immediately upon establishment of the Trust Fund and prior to the Closing, the Company shall deposit $5,725,000 1,000,000 of the proceeds from the Private Placement in the Trust Fund and shall provide Maxim with evidence of the same.

Appears in 1 contract

Sources: Underwriting Agreement (TransTech Services Partners Inc.)

Private Placement Proceeds. Immediately upon establishment of the Trust Fund and prior to the Closing, the Company shall deposit $5,725,000 all of the net proceeds from the Private Placement in the Trust Fund ($1,500,000) and shall provide Maxim the Representative with evidence of the same.

Appears in 1 contract

Sources: Underwriting Agreement (FlatWorld Acquisition Corp.)

Private Placement Proceeds. Immediately upon establishment of the Trust Fund and prior to the Closing, the Company shall deposit $5,725,000 15,600,000 of the proceeds from the Private Placement in the Trust Fund and shall provide Maxim the Representatives with evidence of the same.

Appears in 1 contract

Sources: Underwriting Agreement (United Refining Energy Corp)

Private Placement Proceeds. Immediately upon establishment of the Trust Fund Account and prior to the Closing, the Company shall deposit $5,725,000 1,800,000 of the proceeds from the Private Placement in the Trust Fund Account and shall provide Maxim ▇▇▇▇▇▇▇▇ with evidence of the same.

Appears in 1 contract

Sources: Underwriting Agreement (TC Acquisition Corp.)

Private Placement Proceeds. Immediately upon establishment of the Trust Fund and prior to the Closing, the Company shall deposit $5,725,000 1,200,000 of the proceeds from the Private Placement in the Trust Fund and shall provide Maxim ▇▇▇▇▇▇ ▇▇▇▇▇▇ & Co. with evidence of the same.

Appears in 1 contract

Sources: Underwriting Agreement (H D Partners Acquisition CORP)

Private Placement Proceeds. Immediately upon establishment of the Trust Fund and prior to the Closing, the Company shall deposit $5,725,000 1,425,000 of the proceeds from the Private Placement in the Trust Fund and shall provide Maxim with evidence of the same.

Appears in 1 contract

Sources: Underwriting Agreement (Affinity Media International Corp.,)

Private Placement Proceeds. Immediately upon establishment of the Trust Fund and prior to the Closing, the Company shall deposit $5,725,000 $ of the proceeds from the Private Placement in the Trust Fund and shall provide Maxim the Representative with evidence of the same.

Appears in 1 contract

Sources: Underwriting Agreement (United Refining Energy Corp)

Private Placement Proceeds. Immediately upon establishment of the Trust Fund and prior Prior to the Closing, the Company shall deposit $5,725,000 all of the net proceeds from the Private Placement in the Trust Fund ($2,470,000) and shall provide Maxim the Representative with evidence of the same.

Appears in 1 contract

Sources: Underwriting Agreement (Cazador Acquisition Corp Ltd.)