Common use of Working Capital Clause in Contracts

Working Capital. Upon consummation of the Offering and the Private Placements, it is intended that approximately $978,287 (or $828,287 if the over-allotment option is exercised in full) of the proceeds of such offerings will be held by the Company outside of the Trust Account and used to fund the working capital requirements of the Company.

Appears in 3 contracts

Sources: Underwriting Agreement (FG Merger III Corp.), Underwriting Agreement (FG Merger III Corp.), Underwriting Agreement (FG Merger III Corp.)

Working Capital. Upon consummation of the Offering and the Private PlacementsOffering, it is intended that approximately $978,287 950,000 (whether or $828,287 if not the overOver-allotment option Option is exercised in fullexercised) of the proceeds of such offerings from the Offering and the Unit Private Placement will be held by released to the Company and held outside of the Trust Account and used to fund the working capital requirements of the Company.

Appears in 3 contracts

Sources: Underwriting Agreement (Chenghe Acquisition III Co.), Underwriting Agreement (Chenghe Acquisition III Co.), Underwriting Agreement (Chenghe Acquisition III Co.)

Working Capital. Upon consummation of the Offering and the Private PlacementsOffering, it is intended that approximately $978,287 $ 1,500,000 (or $828,287 1,471,250 if the overOver-allotment option Option is exercised in full) of the Offering proceeds of such offerings and the Unit Private Placement will be held by released to the Company and held outside of the Trust Account and used to fund the working capital requirements of the Company.

Appears in 3 contracts

Sources: Underwriting Agreement (Newbury Street II Acquisition Corp), Underwriting Agreement (Newbury Street II Acquisition Corp), Underwriting Agreement (Newbury Street II Acquisition Corp)

Working Capital. Upon consummation of the Offering and the Private PlacementsOffering, it is intended that approximately $978,287 1,100,000 (whether or $828,287 if not the overOver-allotment option Option is exercised in fullexercised) of the Offering proceeds of such offerings and the Unit Private Placement will be held by released to the Company and held outside of the Trust Account and used to fund the working capital requirements of the Company.

Appears in 2 contracts

Sources: Underwriting Agreement (LightWave Acquisition Corp.), Underwriting Agreement (LightWave Acquisition Corp.)

Working Capital. Upon consummation of the Offering and the Private PlacementsOffering, it is intended that approximately $978,287 1,250,000 (whether or $828,287 if not the overOver-allotment option Option is exercised in fullexercised) of the Offering proceeds of such offerings and the Unit Private Placement will be held by released to the Company and held outside of the Trust Account and used to fund the working capital requirements of the Company.

Appears in 2 contracts

Sources: Underwriting Agreement (Range Capital Acquisition Corp II), Underwriting Agreement (Range Capital Acquisition Corp II)

Working Capital. Upon consummation of the Offering and the Private PlacementsOffering, it is intended that approximately $978,287 1,634,250 (or which amount is intended to be approximately $828,287 1,575,190 if the overOver-allotment option Option is exercised in full) of the proceeds of such offerings from the Offering and Private Placement will be held by available to the Company and held outside of the Trust Account and used to fund the working capital requirements of the Company.

Appears in 2 contracts

Sources: Underwriting Agreement (FACT II Acquisition Corp.), Underwriting Agreement (FACT II Acquisition Corp.)

Working Capital. Upon consummation of the Offering and the Private PlacementsOffering, it is intended that approximately $978,287 1,250,000 (or $828,287 1,100,000 if the overOver-allotment option Option is exercised in full) of the Offering proceeds of such offerings and the Unit Private Placement will be held by released to the Company and held outside of the Trust Account and used to fund the working capital requirements of the Company.

Appears in 2 contracts

Sources: Underwriting Agreement (Andretti Acquisition Corp. II), Underwriting Agreement (Andretti Acquisition Corp. II)

Working Capital. Upon consummation of the Offering and the Private PlacementsOffering, it is intended that approximately $978,287 (1,250,000, whether or $828,287 if not the overOver-allotment option Option is exercised in full) exercised, of the Offering proceeds of such offerings and the Unit Private Placement will be held by released to the Company and held outside of the Trust Account and used to fund the initial working capital requirements of the Company. The Company shall also be permitted to withdraw certain amounts from the interest income on the amounts held in the Trust Account in order to fund its ongoing working capital requirements and/or to pay trust administration expenses and/or taxes, as described in the Prospectus (as defined below).

Appears in 2 contracts

Sources: Underwriting Agreement (EQV Ventures Acquisition Corp. II), Underwriting Agreement (EQV Ventures Acquisition Corp. II)

Working Capital. Upon consummation of the Offering and the Private PlacementsOffering, it is intended that approximately $978,287 2,005,000 (or $828,287 1,855,000 if the overUnderwriters’ Over-allotment option Option is exercised in full) of the proceeds of such offerings from the Offering and Private Placement will be held by available to the Company and held outside of the Trust Account and used to fund the working capital requirements of the Company.

Appears in 2 contracts

Sources: Underwriting Agreement (Endurance Acquisition Corp.), Underwriting Agreement (Endurance Acquisition Corp.)

Working Capital. Upon consummation of the Offering and the Private PlacementsOffering, it is intended that approximately $978,287 650,000 (or $828,287 747,500 if the overOver-allotment option Option is exercised in full) of the net proceeds from the sale of such offerings Units and Placement Units will be held by released to the Company and held outside of the Trust Account and used to fund the working capital requirements of the Company.

Appears in 2 contracts

Sources: Underwriting Agreement (Global Consumer Acquisition Corp), Underwriting Agreement (Global Consumer Acquisition Corp)

Working Capital. Upon consummation of the Offering and the Private PlacementsOffering, it is intended that approximately $978,287 1,750,000 (or $828,287 1,166,667 if the overOver-allotment option Option is exercised in full) of the Offering proceeds of such offerings will be held by released to the Company and held outside of the Trust Account and used to fund the working capital requirements of the Company.

Appears in 2 contracts

Sources: Underwriting Agreement (Golden Arrow Merger Corp.), Underwriting Agreement (Golden Arrow Merger Corp.)

Working Capital. Upon consummation of the Offering and the Private PlacementsOffering, it is intended that approximately $978,287 $ 1,700,000 (or $828,287 1,550,000 if the overOver-allotment option Option is exercised in full) of the Offering proceeds of such offerings and the Unit Private Placement will be held by released to the Company and held outside of the Trust Account and used to fund the working capital requirements of the Company.

Appears in 2 contracts

Sources: Underwriting Agreement (Mountain Lake Acquisition Corp.), Underwriting Agreement (Mountain Lake Acquisition Corp.)

Working Capital. Upon consummation of the Offering and the Private PlacementsOffering, it is intended that approximately $978,287 1,130,552 (or $828,287 1,094,552 if the overOver-allotment option Option is exercised in full) of the Offering proceeds of such offerings and the Private Placements will be held by released to the Company and held outside of the Trust Account and used to fund the working capital requirements of the Company.

Appears in 2 contracts

Sources: Underwriting Agreement (Aldel Financial II Inc.), Underwriting Agreement (Aldel Financial II Inc.)

Working Capital. Upon consummation of the Offering and the Warrant Private PlacementsPlacement, it is intended that approximately $978,287 1,900,000 (or $828,287 1,150,000 if the overOver-allotment option Allotment Option is exercised in fullexercised) of the Offering proceeds of such offerings will be held by released to the Company and held outside of the Trust Account and used to fund the working capital requirements of the Company.

Appears in 2 contracts

Sources: Underwriting Agreement (Arrowroot Acquisition Corp.), Underwriting Agreement (Arrowroot Acquisition Corp.)

Working Capital. Upon consummation of the Offering and the Private PlacementsOffering, it is intended that approximately $978,287 450,000 (or $828,287 800,000 if the overOver-allotment option Option is exercised in full) of the proceeds from the sale of such offerings the Firm Units and Sponsor Units will be held by released to the Company outside of the Trust Account and used to fund the working capital requirements of the Company.

Appears in 2 contracts

Sources: Underwriting Agreement (Cambridge Capital Acquisition Corp), Underwriting Agreement (Cambridge Capital Acquisition Corp)

Working Capital. Upon consummation of the Offering and the Private PlacementsOffering, it is intended that approximately $978,287 500,000 (or $828,287 575,000 if the overOver-allotment option Option is exercised in full) of the net proceeds from the sale of such offerings Units and Placement Warrants will be held by released to the Company and held outside of the Trust Account and used to fund the working capital requirements of the Company.

Appears in 2 contracts

Sources: Underwriting Agreement (FoxWayne Enterprises Acquisition Corp.), Underwriting Agreement (FoxWayne Enterprises Acquisition Corp.)

Working Capital. Upon consummation of the Offering and the Private PlacementsOffering, it is intended that approximately $978,287 900,000 (whether or $828,287 if not the overOver-allotment option Option is exercised in fullfull or at all) of the Offering proceeds of such offerings and the Unit Private Placement will be held by released to the Company and held outside of the Trust Account and used to fund the working capital requirements of the Company.

Appears in 2 contracts

Sources: Underwriting Agreement (Stellar v Capital Corp. (Cayman Islands)), Underwriting Agreement (Stellar v Capital Corp. (Cayman Islands))

Working Capital. Upon consummation of the Offering and the Private PlacementsOffering, it is intended that approximately $978,287 2,000,000 (or $828,287 1,820,000 if the overOver-allotment option is exercised in fullexercised) of the Offering proceeds of such offerings will be held by released to the Company and held outside of the Trust Account and used to fund the working capital requirements of the Company.

Appears in 2 contracts

Sources: Underwriting Agreement (Insight Acquisition Corp. /DE), Underwriting Agreement (Insight Acquisition Corp. /DE)

Working Capital. Upon consummation of the Offering and the Private PlacementsOffering, it is intended that approximately $978,287 2,000,000 (whether or $828,287 if not the overOver-allotment option Option is exercised in fullfull or at all) of the Offering proceeds of such offerings and the Unit Private Placement will be held by released to the Company and held outside of the Trust Account and used to fund the working capital requirements of the Company.

Appears in 2 contracts

Sources: Underwriting Agreement (NewHold Investment Corp. III), Underwriting Agreement (NewHold Investment Corp. III)

Working Capital. Upon consummation of the Offering and the Private PlacementsOffering, it is intended that approximately $978,287 (1,188,130, or $828,287 991,250 if the overOver-allotment option Allotment Option is exercised in full) , of the Offering proceeds of such offerings and the Unit Private Placement will be held by released to the Company and held outside of the Trust Account and used to fund the working capital requirements of the Company.

Appears in 2 contracts

Sources: Underwriting Agreement (Legato Merger Corp. III), Underwriting Agreement (Legato Merger Corp. III)

Working Capital. Upon consummation of the Offering and the Private PlacementsOffering, it is intended that approximately $978,287 1,200,000 (or $828,287 600,000 if the over-allotment option is exercised in full) of the Offering proceeds of such offerings will be held by available to the Company and held outside of the Trust Account and used to fund the working capital requirements of the Company.

Appears in 2 contracts

Sources: Underwriting Agreement (Rodgers Silicon Valley Acquisition Corp), Underwriting Agreement (Rodgers Silicon Valley Acquisition Corp)

Working Capital. Upon consummation of the Offering and the Private PlacementsOffering, it is intended that approximately $978,287 (1,250,000, whether or $828,287 if not the overOver-allotment option Option is exercised in full) exercised, of the Offering proceeds of such offerings and the Unit Private Placement will be held by released to the Company and held outside of the Trust Account and used to fund the initial working capital requirements of the Company. The Company shall also be permitted to withdraw certain amounts from the interest income on the amounts held in the Trust Account in order to fund its ongoing working capital requirements, as described in the Prospectus (as defined below).

Appears in 2 contracts

Sources: Underwriting Agreement (EQV Ventures Acquisition Corp.), Underwriting Agreement (EQV Ventures Acquisition Corp.)

Working Capital. Upon consummation of the Offering and the Unit Private PlacementsPlacement, it is intended that approximately $978,287 1,325,000 (or $828,287 953,750 if the underwriters’ over-allotment option is exercised in full) of the proceeds of such offerings from the Offering and the Unit Private Placement will be held by released to the Company and held outside of the Trust Account and used to fund the working capital requirements of the Company.

Appears in 2 contracts

Sources: Underwriting Agreement (Plum Acquisition Corp, IV), Underwriting Agreement (Plum Acquisition Corp, IV)

Working Capital. Upon consummation of the Offering and the Private PlacementsPlacement, it is intended that approximately $978,287 5,140,535 (or $828,287 4,765,535 if the over-over- allotment option is exercised in fullfully exercised) of the proceeds of such offerings from the Offering and the Private Placement will be held by released to the Company and held outside of the Trust Account and used to fund the working capital requirements of the Company.

Appears in 2 contracts

Sources: Underwriting Agreement (Spark I Acquisition Corp), Underwriting Agreement (Spark I Acquisition Corp)

Working Capital. Upon consummation of the Offering and the Private PlacementsOffering, it is intended that approximately $978,287 1,250,000 (whether or $828,287 if not the overOver-allotment option Option is exercised and excluding the reimbursement of any of the Company’s expenses by the Underwriters in fullaccordance with Section 3.9) of the Offering proceeds of such offerings and the Unit Private Placement will be held by released to the Company and held outside of the Trust Account and used to fund the working capital requirements of the Company.

Appears in 1 contract

Sources: Underwriting Agreement (Space Asset Acquisition Corp.)

Working Capital. Upon consummation of the Offering and the Private PlacementsOffering, it is intended that approximately $978,287 1,500,000 (whether or $828,287 if not the overOver-allotment option Option is exercised in fullfull or at all) of the Offering proceeds of such offerings and the Unit Private Placement will be held by released to the Company and held outside of the Trust Account and used to fund the working capital requirements of the Company.

Appears in 1 contract

Sources: Underwriting Agreement (Oyster Enterprises II Acquisition Corp)

Working Capital. Upon consummation of the Offering and the Private PlacementsOffering, it is intended that approximately $978,287 2,000,000 (or $828,287 2,019,750 if the overOver-allotment option Option is exercised in full) of the Offering proceeds of such offerings and the Unit Private Placement will be held by released to the Company and held outside of the Trust Account and used to fund the working capital requirements of the Company.

Appears in 1 contract

Sources: Underwriting Agreement (NewHold Investment Corp. III)

Working Capital. Upon consummation of the Offering and the Private PlacementsOffering, it is intended that approximately $978,287 1,750,000 (or $828,287 1,412,500 if all the over-allotment option is exercised in fullOption Units are sold) of the Offering proceeds of such offerings and the Warrant Private Placement will be held by released to the Company and held outside of the Trust Account and used to fund the working capital requirements of the Company.

Appears in 1 contract

Sources: Underwriting Agreement (Colombier Acquisition Corp. Ii)

Working Capital. Upon consummation of the Offering and the Private PlacementsOffering, it is intended that approximately $978,287 2,050,000 (or $828,287 1,757,500 if all the over-allotment option is exercised in fullOption Units are sold) of the Offering proceeds of such offerings and the Warrant Private Placement will be held by released to the Company and held outside of the Trust Account and used to fund the working capital requirements of the Company.

Appears in 1 contract

Sources: Underwriting Agreement (Colombier Acquisition Corp. Ii)

Working Capital. Upon consummation of the Offering and the Private PlacementsOffering, it is intended that approximately $978,287 1,300,000 (or $828,287 1,270,000 if the overOver-allotment option Option is exercised in full) of the Offering proceeds of such offerings and the Unit Private Placement will be held by released to the Company and held outside of the Trust Account and used to fund the working capital requirements of the Company.

Appears in 1 contract

Sources: Underwriting Agreement (Oyster Enterprises II Acquisition Corp)

Working Capital. Upon consummation of the Offering and the Private Placements, it is intended that approximately $978,287 1,183,500 (or $828,287 if 958,000 of the overOver-allotment option Option is exercised in full) of the proceeds of such offerings will be held by the Company outside of the Trust Account and used to fund the working capital requirements of the Company.

Appears in 1 contract

Sources: Underwriting Agreement (FG Merger III Corp.)

Working Capital. Upon consummation of the Offering and the Private PlacementsOffering, it is intended that approximately $978,287 1,050,000 (or $828,287 700,000 if the overOver-allotment option Option is exercised in full) of the Offering proceeds of such offerings will be held by released to the Company and held outside of the Trust Account and used to fund the working capital requirements of the Company.

Appears in 1 contract

Sources: Underwriting Agreement (BOA Acquisition Corp.)

Working Capital. Upon consummation of the Offering and the Private Placements, it is intended that approximately $978,287 141,500 (or $828,287 if 21,500 of the overOver-allotment option Option is exercised in full) of the proceeds of such offerings will be held by the Company outside of the Trust Account and used to fund the working capital requirements of the Company.

Appears in 1 contract

Sources: Underwriting Agreement (FG Merger II Corp.)

Working Capital. Upon consummation of the Offering and the Private Placements, it is intended that approximately $978,287 341,500 (or $828,287 101,500 if the overOver-allotment option Option is exercised in full) of the proceeds of such offerings will be held by the Company outside of the Trust Account and used to fund the working capital requirements of the Company.

Appears in 1 contract

Sources: Underwriting Agreement (FG Merger II Corp.)

Working Capital. Upon consummation of the Offering and the Private Placements, it is intended that approximately $978,287 1,203,500 (or $828,287 1,091,000 if the overOver-allotment option Option is exercised in full) of the proceeds of such offerings will be held by the Company outside of the Trust Account and used to fund the working capital requirements of the Company.

Appears in 1 contract

Sources: Underwriting Agreement (FG Merger II Corp.)

Working Capital. Upon consummation of the Offering and the Private PlacementsOffering, it is intended that approximately $978,287 1,050,000 (or $828,287 1,020,000 if the overOver-allotment option Option is exercised in full) of the Offering proceeds of such offerings and the Unit Private Placement will be held by released to the Company and held outside of the Trust Account and used to fund the working capital requirements of the Company.

Appears in 1 contract

Sources: Underwriting Agreement (Blue Water Acquisition Corp. III)

Working Capital. Upon consummation of the Offering and the Private Placements, it is intended that approximately $978,287 341,500 (or $828,287 if 221,500 of the overOver-allotment option Option is exercised in full) of the proceeds of such offerings will be held by the Company outside of the Trust Account and used to fund the working capital requirements of the Company.

Appears in 1 contract

Sources: Underwriting Agreement (FG Merger II Corp.)

Working Capital. Upon consummation of the Offering and the Private PlacementsOffering, it is intended that approximately $978,287 $ 1,750,000 (or $828,287 1,550,000 if the overOver-allotment option Option is exercised in full) of the Offering proceeds of such offerings and the Unit Private Placement will be held by released to the Company and held outside of the Trust Account and used to fund the working capital requirements of the Company.

Appears in 1 contract

Sources: Underwriting Agreement (Mountain Lake Acquisition Corp.)

Working Capital. Upon consummation of the Offering and the Private PlacementsOffering, it is intended that approximately $978,287 1,530,000 of the Offering proceeds (or $828,287 1,115,000 if the overOver-allotment option Option is exercised in full) of the proceeds of such offerings will be held by released to the Company and held outside of the Trust Account and used to fund the working capital requirements of the Company.

Appears in 1 contract

Sources: Underwriting Agreement (Sizzle Acquisition Corp.)