Initial Combination Notice. If a proposed Initial Business Combination is approved by the Company’s stockholders as contemplated by the Charter, the Company shall promptly deliver to the Trustee the Initial Combination Notice. Upon receipt thereof, the Trustee shall take such action, if any, as may be required to make the Trust Property available for immediate distribution by the date specified in the Initial Combination Notice. If the Company later determines that such proposed Initial Business Combination will not be consummated, it shall promptly deliver to the Trustee a Revocation of Initial Combination Notice. Upon receipt thereof, the Trustee shall reinvest, in accordance with the terms of this Agreement, any Trust Property that shall have been so made available.
Appears in 5 contracts
Samples: Investment Management Trust Agreement (Symmetry Holdings Inc), Investment Management Trust Agreement (Symmetry Holdings Inc), Investment Management Trust Agreement (Symmetry Holdings Inc)
