Conditions to the Trust’s Obligations. The Trust’s obligation to sell and issue the Shares to each Purchaser will be subject to the receipt by the Trust of the respective Purchase Price from such Purchaser as set forth in Section 1.3 and the accuracy of the representations and warranties made by such Purchaser and the fulfillment of those undertakings of such Purchaser to be fulfilled prior to the Closing Date.
Appears in 3 contracts
Samples: Purchase Agreement (XAI Octagon Floating Rate & Alternative Income Trust), Purchase Agreement (XAI Octagon Floating Rate & Alternative Income Term Trust), Purchase Agreement (XAI Octagon Floating Rate & Alternative Income Term Trust)
Conditions to the Trust’s Obligations. The Trust’s obligation to sell and issue the Shares to each Purchaser will be subject to the receipt by the Trust of the respective Purchase Price or Additional Share Purchase Price, as applicable, from such Purchaser as set forth in Section 1.3 1.5 and the accuracy of the representations and warranties made by such Purchaser and the fulfillment of those undertakings of such Purchaser to be fulfilled prior to the applicable Closing Date.
Appears in 3 contracts
Samples: Purchase Agreement (XAI Octagon Floating Rate & Alternative Income Trust), Purchase Agreement (XAI Octagon Floating Rate & Alternative Income Term Trust), Purchase Agreement (XAI Octagon Floating Rate & Alternative Income Term Trust)
