Tranche 2 Purchase Price

Example Definitions of "Tranche 2 Purchase Price"
Tranche 2 Purchase Price. An amount, in cash, equal to (i) $22,500,000 minus (ii) the amount of cash available, as of immediately prior to the Closing, to be released from the Trust Account (after giving effect to all payments to be made as a result of the exercise of all Redemption Rights); provided, that in no event shall the Tranche 2 Purchase Price be less than zero
Found in Virgin Group Acquisition Corp. II contract
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