Limited Distributions of Income from Trust Account. (a) Upon written request from the Company, which may be given from time to time in a form substantially similar to that attached hereto as Exhibit C, the Trustee shall distribute to the Company the amount of interest income earned on the Trust Account requested by the Company to cover any income or other tax obligation owed by the Company.
Appears in 180 contracts
Samples: Investment Management Trust Agreement (DT Cloud Acquisition Corp), Investment Management Trust Agreement (DT Cloud Acquisition Corp), Investment Management Trust Agreement (DT Cloud Acquisition Corp)
Limited Distributions of Income from Trust Account. (a) Upon written request from the Company, which may be given from time to time in a form substantially similar to that attached hereto as Exhibit CD, the Trustee shall distribute to the Company the amount of interest income earned on the Trust Account requested by the Company to cover any income or other tax obligation owed by the Company.
Appears in 104 contracts
Samples: Investment Management Trust Agreement (Oak Woods Acquisition Corp), Investment Management Trust Agreement (Oak Woods Acquisition Corp), Investment Management Trust Agreement (Oak Woods Acquisition Corp)
Limited Distributions of Income from Trust Account. (a) Upon written request from the Company, which may be given from time to time in a form substantially similar to that attached hereto as Exhibit C, the Trustee shall distribute to the Company the amount of interest income earned on the Trust Account requested by the Company to cover any income or other tax obligation owed by the CompanyCompany as a result of such interest income.
Appears in 33 contracts
Samples: Investment Management Trust Agreement (Chardan Nextech Acquisition Corp.), Investment Management Trust Agreement (Chardan NexTech Acquisition 2 Corp.), Investment Management Trust Agreement (Chardan NexTech Acquisition 2 Corp.)
Limited Distributions of Income from Trust Account. (a) Upon written request from the Company, which may be given from time to time in a form substantially similar to that attached hereto as Exhibit C, the Trustee shall distribute to the Company by wire transfer from the income collected on the Property the amount of interest income earned on the Trust Account requested by the Company necessary to cover any income or other tax obligation owed by the Company.
Appears in 21 contracts
Samples: Investment Management Trust Agreement (Chart Acquisition Corp.), Investment Management Trust Agreement (Chart Acquisition Group LLC), Investment Management Trust Agreement (Chart Acquisition Corp.)
Limited Distributions of Income from Trust Account. (a) Upon written request from the Company, which may be given from time to time in a form substantially similar to that attached hereto as Exhibit C, the Trustee shall distribute to the Company the amount of interest income earned on the Trust Account requested by the Company to cover any income or other franchise tax obligation owed by the Company.;
Appears in 19 contracts
Samples: Investment Management Trust Agreement (Brand & Services Acquisition Corp.), Investment Management Trust Agreement (KBL Healthcare Acquisition Corp III), Investment Management Trust Agreement (Global Alternative Asset Management, Inc.)
Limited Distributions of Income from Trust Account. (a) Upon written request from the Company, which may be given from time to time in a form substantially similar to that attached hereto as Exhibit C, the Trustee shall distribute to the Company the amount of interest income earned on the Trust Account requested by the Company to cover any income or other tax obligation owed by the Company.
Appears in 17 contracts
Samples: Investment Management Trust Agreement (Edoc Acquisition Corp.), Investment Management Trust Agreement (Edoc Acquisition Corp.), Investment Management Trust Agreement (Edoc Acquisition Corp.)
Limited Distributions of Income from Trust Account. (a) Upon written request from the Company, which may be given from time to time in a form substantially similar to that attached hereto as Exhibit C, the Trustee shall distribute to the Company the amount of interest income earned on the Trust Account requested by the Company to cover any income or other tax obligation obligations owed by the Company.
Appears in 16 contracts
Samples: Investment Management Trust Agreement (Globalink Investment Inc.), Investment Management Trust Agreement (Globalink Investment Inc.), Investment Management Trust Agreement (Redwoods Acquisition Corp.)
Limited Distributions of Income from Trust Account. (a) Upon written request from the Company, which may be given from time to time in a form substantially similar to that attached hereto as Exhibit CD, the Trustee shall distribute to the Company the amount of interest income earned on the Trust Account requested by the Company to cover any income or other tax obligation owed by the CompanyCompany or liquidation expenses not to exceed $100,000.
Appears in 13 contracts
Samples: Investment Management Trust Agreement (Keyarch Acquisition Corp), Investment Management Trust Agreement (Gesher I Acquisition Corp.), Investment Management Trust Agreement (Springwater Special Situations Corp.)
Limited Distributions of Income from Trust Account. (a) Upon written request from the Company, which may be given from time to time in a form substantially similar to that attached hereto as Exhibit C, the Trustee shall distribute to the Company the amount of interest income earned on the Trust Account requested by the Company to cover any income or other tax obligation owed by the Company or to fund the Company’s working capital requirements.
Appears in 13 contracts
Samples: Investment Management Trust Agreement (Love & Health LTD), Investment Management Trust Agreement (JVSPAC Acquisition Corp.), Investment Management Trust Agreement (JVSPAC Acquisition Corp.)
Limited Distributions of Income from Trust Account. (a) Upon written request from the Company, which may be given from time to time in a form substantially similar to that attached hereto as Exhibit CD, the Trustee shall distribute to the Company the amount of interest income earned on the Trust Account requested by the Company to cover any income or other tax obligation owed by the CompanyCompany or liquidation expenses not to exceed $50,000.
Appears in 13 contracts
Samples: Investment Management Trust Agreement (Mars Acquisition Corp.), Investment Management Trust Agreement (Mars Acquisition Corp.), Investment Management Trust Agreement (Lakeshore Acquisition II Corp.)
Limited Distributions of Income from Trust Account. (a) Upon written request from the Company, which may be given from time to time in a form substantially similar to that attached hereto as Exhibit CD, the Trustee shall distribute to the Company the amount of interest income earned on the Trust Account requested by the Company to cover any income or other tax obligation owed by the CompanyCompany as a result of such interest income.
Appears in 12 contracts
Samples: Investment Management Trust Agreement (BCTG Acquisition Corp.), Investment Management Trust Agreement (Schultze Special Purpose Acquisition Corp.), Investment Management Trust Agreement (Schultze Special Purpose Acquisition Corp.)
Limited Distributions of Income from Trust Account. (a) Upon written request from the Company, which may be given from time to time in a form substantially similar to that attached hereto as Exhibit C, the Trustee shall distribute to the Company the amount of interest income earned on by wire transfer from the Trust Account requested by the Company amount necessary to cover any income or other tax obligation owed by the CompanyCompany and, to the extent there is not sufficient cash in the Trust Account to pay such tax obligation, liquidate such assets held in the Trust Account as shall be designated by the Company in writing to make such distribution.
Appears in 12 contracts
Samples: Investment Management Trust Agreement (Nautilus Marine Acquisition Corp), Investment Management Trust Agreement (Nautilus Marine Acquisition Corp), Investment Management Trust Agreement (Global Cornerstone Holdings LTD)
Limited Distributions of Income from Trust Account. (a) Upon written request from the Company, which may be given from time to time in a form substantially similar to that attached hereto as Exhibit C, the Trustee shall distribute to the Company the amount of interest income earned on the Trust Account requested by the Company to cover any income or other tax obligation owed by the Company.;
Appears in 8 contracts
Samples: Investment Management Trust Agreement (Green Power Enterprises, Inc.), Investment Management Trust Agreement (China Resources Development Inc.), Investment Management Trust Agreement (CS China Acquisition Corp.)
Limited Distributions of Income from Trust Account. (a) Upon written request from the Company, which may be given from time to time in a form substantially similar to that attached hereto as Exhibit C, the Trustee shall distribute to the Company the amount of interest income earned on the Trust Account requested by the Company to cover any income or other tax obligation obligations owed by the Company.
Appears in 8 contracts
Samples: Investment Management Trust Agreement (Abri SPAC 2, Inc.), Investment Management Trust Agreement (Abri SPAC I, Inc.), Investment Management Trust Agreement (Abri SPAC I, Inc.)
Limited Distributions of Income from Trust Account. (a) Upon written request from the Company, which may be given from time to time in a form substantially similar to that attached hereto as Exhibit C, and subject to the limitations set forth in this Agreement, the Trustee shall distribute to the Company the amount of interest income earned on by wire transfer from the Trust Account requested by the Company amount necessary to cover any income or other franchise tax obligation owed by the CompanyCompany and, to the extent there is not sufficient cash in the Trust Account to pay such income or franchise tax obligation, liquidate such assets held in the Trust Account as shall be designated by the Company in writing to make such distribution.
Appears in 7 contracts
Samples: Investment Management Trust Agreement (COMMITTED CAPITAL ACQUISITION Corp II), Investment Management Trust Agreement (COMMITTED CAPITAL ACQUISITION Corp II), Investment Management Trust Agreement (COMMITTED CAPITAL ACQUISITION Corp II)
Limited Distributions of Income from Trust Account. (a) Upon written request from the Company, which may be given from time to time in a form substantially similar to that attached hereto as Exhibit CE, the Trustee shall distribute to the Company the amount of interest income earned on the Trust Account requested by the Company (i) to cover any income or other tax obligation owed by the Company, which the Company shall forward such payment to the relevant taxing authority, and/or (ii) for working capital purposes.
Appears in 7 contracts
Samples: Investment Management Trust Agreement (Northern Star Investment Corp. IV), Investment Management Trust Agreement (Northern Star Investment Corp. III), Investment Management Trust Agreement (Northern Star Investment Corp. IV)
Limited Distributions of Income from Trust Account. (a) Upon written request from the Company, which may be given from time to time in a form substantially similar to that attached hereto as Exhibit CE, the Trustee shall distribute to the Company the amount of interest income earned on the Trust Account requested by the Company to cover any income or other tax obligation obligations owed by the Company.
Appears in 7 contracts
Samples: Investment Management Trust Agreement (CO2 Energy Transition Corp.), Investment Management Trust Agreement (CO2 Energy Transition Corp.), Investment Management Trust Agreement (Cetus Capital Acquisition Corp.)
Limited Distributions of Income from Trust Account. (a) Upon written request from the Company, which may be given from time to time in a form substantially similar to that attached hereto as Exhibit C, the Trustee shall distribute to the Company the amount of interest income earned on the Trust Account requested by the Company to cover any income or other franchise tax obligation owed by the Company.Company as a result of interest or other income earned on the funds held in the Trust Account;
Appears in 7 contracts
Samples: Investment Management Trust Agreement (Hanover-STC Acquisition Corp.), Investment Management Trust Agreement (Victory Acquisition Corp), Investment Management Trust Agreement (Aldabra 2 Acquisition Corp.)
Limited Distributions of Income from Trust Account. (a) Upon written request from the Company, which may be given from time to time in a form substantially similar to that attached hereto as Exhibit C, the Trustee shall distribute to the Company the amount of interest income earned on the Trust Account requested by the Company to cover any income or other franchise tax obligation owed by the Company.
Appears in 6 contracts
Samples: Investment Management Trust Agreement (Polaris Acquisition Corp.), Investment Management Trust Agreement (Shermen WSC Acquisition Corp), Investment Management Trust Agreement (Shermen WSC Acquisition Corp)
Limited Distributions of Income from Trust Account. (a) Upon written request from the Company, which may be given from time to time in a form substantially similar to that attached hereto as Exhibit C, the Trustee shall distribute to the Company the amount of interest income earned on the Trust Account Property and requested by the Company to cover any income or other tax obligation owed by the Company.;
Appears in 6 contracts
Samples: Investment Management Trust Agreement (Capitol Investment Corp. IV), Investment Management Trust Agreement (Capitol Investment Corp. IV), Investment Management Trust Agreement (Capitol Acquisition Corp. III)
Limited Distributions of Income from Trust Account. (a) Upon written request from the Company, which may be given from time to time in a form substantially similar to that attached hereto as Exhibit C, the Trustee shall distribute to the Company the amount of interest income earned on the Trust Account requested by the Company to cover any income or other tax obligation owed by the Company.;
Appears in 6 contracts
Samples: Investment Management Trust Agreement (Enterprise Acquisition Corp.), Investment Management Trust Agreement (New Asia Partners China I Corp), Investment Management Trust Agreement (Enterprise Acquisition Corp.)
Limited Distributions of Income from Trust Account. (a) Upon written request from the Company, which may be given from time to time in a form substantially similar to that attached hereto as Exhibit C, signed on behalf of the Company by a duly authorized executive officer of the Company, the Trustee shall distribute to the Company the amount of interest income earned on the Trust Account requested by the Company to cover any income or other tax obligation owed by of the Company.’s tax obligations;
Appears in 6 contracts
Samples: Investment Management Trust Agreement (Redstar Partners, Inc.), Investment Management Trust Agreement (North Asia Investment CORP), Investment Management Trust Agreement (Redstar Partners, Inc.)
Limited Distributions of Income from Trust Account. (a) Upon written request from the Company, which may be given from time to time in a form substantially similar to that attached hereto as Exhibit CD, the Trustee shall distribute to the Company the amount of interest income earned on the Trust Account requested by the Company to cover any income or other tax obligation owed by the Company.
Appears in 6 contracts
Samples: Investment Management Trust Agreement (EdtechX Holdings Acquisition Corp. II), Investment Management Trust Agreement (PMV Consumer Acquisition Corp.), Investment Management Trust Agreement (PMV Consumer Acquisition Corp.)
Limited Distributions of Income from Trust Account. (a) Upon written request from the Company, which may be given from time to time in a form substantially similar to that attached hereto as Exhibit C, the Trustee shall distribute to the Company the amount of interest income earned on by wire transfer from the Trust Account requested by the Company amount necessary to cover any income or other tax obligation owed by the CompanyCompany from the interest earned in the Trust Account and, to the extent there is not sufficient cash in the Trust Account to pay such tax obligation, liquidate such assets held in the Trust Account as shall be designated by the Company in writing to make such distribution.
Appears in 5 contracts
Samples: Investment Management Trust Agreement (BGS Acquisition Corp.), Investment Management Trust Agreement (BGS Acquisition Corp.), Investment Management Trust Agreement (BGS Acquisition Corp.)
Limited Distributions of Income from Trust Account. (a) Upon written request from the Company, which may be given from time to time in a form substantially similar to that attached hereto as Exhibit CC (a “Tax Payment Withdrawal Instruction”), the Trustee shall distribute to the Company the amount of interest income earned on the Trust Account requested by the Company to cover any income or other tax obligation owed by the Company.
Appears in 5 contracts
Samples: Investment Management Trust Agreement (Monterey Bio Acquisition Corp), Investment Management Trust Agreement (Monterey Bio Acquisition Corp), Investment Management Trust Agreement (Monterey Bio Acquisition Corp)
Limited Distributions of Income from Trust Account. (a) Upon written request from the Company, which may be given from time to time in a form substantially similar to that attached hereto as Exhibit C, the Trustee shall distribute to the Company the amount of interest income earned on by wire transfer from the Trust Account requested by the Company amount necessary to cover any income or other franchise tax obligation owed by the CompanyCompany and, to the extent there is not sufficient cash in the Trust Account to pay such income or franchise tax obligation, liquidate such assets held in the Trust Account as shall be designated by the Company in writing to make such distribution.
Appears in 4 contracts
Samples: Investment Management Trust Agreement (COMMITTED CAPITAL ACQUISITION Corp), Investment Management Trust Agreement (Empeiria Acquisition Corp), Investment Management Trust Agreement (Empeiria Acquisition Corp)
Limited Distributions of Income from Trust Account. (a) Upon written request from the Company, which may be given from time to time in a form substantially similar to that attached hereto as Exhibit C, the Trustee shall distribute to the Company the amount of interest income earned on the Trust Account requested by the Company to cover any income or other tax obligation owed by the Company as a result of interest or other income earned on the funds held in the Trust Account or any franchise tax obligation of the Company.;
Appears in 4 contracts
Samples: Investment Management Trust Agreement (Overture Acquisition Corp.), Investment Management Trust Agreement (Overture Acquisition Corp.), Investment Management Trust Agreement (Overture Acquisition Corp.)
Limited Distributions of Income from Trust Account. (a) Upon written request from the Company, which may be given from time to time in a form substantially similar to that attached hereto as Exhibit CE, the Trustee shall distribute to the Company the amount of interest income earned on the Trust Account requested by the Company to cover any income or other tax obligation owed by the Company, and, the Company shall forward such payment to the relevant taxing authority.
Appears in 4 contracts
Samples: Investment Management Trust Agreement (Motion Acquisition Corp.), Investment Management Trust Agreement (Motion Acquisition Corp.), Investment Management Trust Agreement (BowX Acquisition Corp.)
Limited Distributions of Income from Trust Account. (a) Upon written request from the Company, which may be given from time to time in a form substantially similar to that attached hereto as Exhibit C, the Trustee shall distribute to the Company the amount of interest income earned on the Trust Account requested by the Company to cover any income or other tax obligation owed by the Company.
Appears in 4 contracts
Samples: Investment Management Trust Agreement (China Resources Development Inc.), Investment Management Trust Agreement (China Resources Development Inc.), Investment Management Trust Agreement (China Resources Development Inc.)
Limited Distributions of Income from Trust Account. (a) Upon Subject to Section 2(c), upon written request from the Company, which may be given from time to time in a form substantially similar to that attached hereto as Exhibit C, the Trustee shall distribute to the Company by wire transfer only from the income collected on the Property the amount of interest income earned on the Trust Account requested by the Company necessary to cover any income or other tax obligation owed by the Company.
Appears in 4 contracts
Samples: Investment Management Trust Agreement (BSP Acquisition Corp.), Investment Management Trust Agreement (Quinpario Acquisition Corp.), Investment Management Trust Agreement (Quinpario Acquisition Corp.)
Limited Distributions of Income from Trust Account. (a) Upon written request from the Company, which may be given from time to time in a form substantially similar to that attached hereto as Exhibit C, the Trustee shall distribute to the Company the amount of interest income earned on the Trust Account Property and requested by the Company to cover any income or other franchise tax obligation owed by the Company.;
Appears in 3 contracts
Samples: Investment Management Trust Agreement (Forum Merger Corp), Investment Management Trust Agreement (Highland Acquisition Corp), Investment Management Trust Agreement (Highland Acquisition Corp)
Limited Distributions of Income from Trust Account. (a) Upon written request from the Company, which may be given from time to time in a form substantially similar to that attached hereto as Exhibit C, the Trustee shall distribute to the Company the amount of interest income earned on the Trust Account requested by the Company to cover any income or other tax obligation owed by the CompanyCompany and for working capital.
Appears in 3 contracts
Samples: Investment Management Trust Agreement (National Energy Services Reunited Corp.), Investment Management Trust Agreement (National Energy Services Reunited Corp.), Investment Management Trust Agreement (National Energy Services Reunited Corp.)
Limited Distributions of Income from Trust Account. (a) Upon written request from the Company, which may be given from time to time in a form substantially similar to that attached hereto as Exhibit C, the Trustee shall distribute to the Company by wire transfer from the interest income collected on the Property the amount of interest income earned on the Trust Account requested by the Company necessary to cover any income or other tax obligation owed by the Company.
Appears in 3 contracts
Samples: Investment Management Trust Agreement (Infinity Cross Border Acquisition Corp), Investment Management Trust Agreement (Infinity Cross Border Acquisition Corp), Investment Management Trust Agreement (Infinity Cross Border Acquisition Corp)
Limited Distributions of Income from Trust Account. (a) Upon written request from the Company, which may be given from time to time in a form substantially similar to that attached hereto as Exhibit C, the Trustee shall distribute to the Company the amount of interest income earned on the Trust Account requested by the Company to cover any income or other franchise tax obligation owed by the Company as a result of interest or other income earned on the funds held in the Trust Account or to cover any expenses related to working capital requirements of the Company.;
Appears in 3 contracts
Samples: Investment Management Trust Agreement (Universal Business Payment Solutions Acquisition Corp), Investment Management Trust Agreement (Universal Business Payment Solutions Acquisition Corp), Investment Management Trust Agreement (Universal Business Payment Solutions Acquisition Corp)
Limited Distributions of Income from Trust Account. (a) Upon written request from the Company, which may be given from time to time in a form substantially similar to that attached hereto as Exhibit C, the Trustee shall distribute to the Company the amount of interest income earned on the Trust Account requested by the Company to cover any income income, franchise or other tax obligation owed by the Company.Company as a result of interest or other income earned on the funds held in the Trust Account;
Appears in 3 contracts
Samples: Management Trust Agreement (Prospect Acquisition Corp), Investment Management Trust Agreement (Prospect Acquisition Corp), Investment Management Trust Agreement (Prospect Acquisition Corp)
Limited Distributions of Income from Trust Account. (a) Upon written request from the Company, which may be given from time to time in a form substantially similar to that attached hereto as Exhibit C, the Trustee shall distribute to the Company the amount of interest income earned on the Trust Account requested by the Company to cover any income or other tax obligation owed by the Company.Company and up to $100,000 to pay Working Capital Expenses;
Appears in 3 contracts
Samples: Investment Management Trust Agreement (UTXO Acquisition Inc.), Investment Management Trust Agreement (UTXO Acquisition Inc.), Investment Management Trust Agreement (UTXO Acquisition Inc.)
Limited Distributions of Income from Trust Account. (a) Upon written request from the Company, which may be given from time to time in a form substantially similar to that attached hereto as Exhibit C, the Trustee shall distribute to the Company the amount of from interest income earned on the Trust Account the amount requested by the Company to cover any income or other tax obligation owed by the Company.;
Appears in 3 contracts
Samples: Investment Management Trust Agreement (Secure America Acquisition CORP), Investment Management Trust Agreement (Green Energy Acquisition CORP), Investment Management Trust Agreement (Secure America Acquisition CORP)
Limited Distributions of Income from Trust Account. (a) Upon written request from the Company, which may be given from time to time in a form substantially similar to that attached hereto as Exhibit C, the Trustee shall distribute to the Company the amount of interest income earned on the Trust Account Property and requested by the Company to cover any income or other tax obligation owed by the Company.
Appears in 2 contracts
Samples: Investment Management Trust Agreement (KLR Energy Acquisition Corp.), Investment Management Trust Agreement (KLR Energy Acquisition Corp.)
Limited Distributions of Income from Trust Account. (a) Upon written request from the Company, which may be given from time to time in a form substantially similar to that attached hereto as Exhibit CE, the Trustee shall distribute to the Company the amount of interest income earned on the Trust Account requested by the Company to cover any income or other tax obligation owed by the Company.;
Appears in 2 contracts
Samples: Investment Management Trust Agreement (Greenrose Acquisition Corp), Investment Management Trust Agreement (Greenrose Acquisition Corp)
Limited Distributions of Income from Trust Account. (a) Upon written request from the Company, which may be given from time to time in a form substantially similar to that attached hereto as Exhibit CE, the Trustee shall distribute to the Company the amount of interest income earned on the Trust Account requested by the Company to cover any income or other tax obligation owed by the CompanyCompany or liquidation expenses not to exceed $100,000.
Appears in 2 contracts
Samples: Investment Management Trust Agreement (Alpine Acquisition Corp.), Investment Management Trust Agreement (Alpine Acquisition Corp.)
Limited Distributions of Income from Trust Account. (a) Upon written request from the Company, which may be given from time to time in a form substantially similar to that attached hereto as Exhibit C, the Trustee shall distribute to the Company the amount of interest income earned on the Trust Account Property and requested by the Company to (i) cover any income or other franchise tax obligation owed by the CompanyCompany or (ii) cover up to $15,000 of liquidation expenses.
Appears in 2 contracts
Samples: Investment Management Trust Agreement (MTech Acquisition Corp), Investment Management Trust Agreement (MTech Acquisition Corp)
Limited Distributions of Income from Trust Account. (a) Upon written request from the Company, which may be given from time to time in a form substantially similar to that attached hereto as Exhibit C, the Trustee shall distribute to the Company the amount of interest income earned on the Trust Account Property and requested by the Company to cover any income or other franchise tax obligation owed by the Company.
Appears in 2 contracts
Samples: Investment Management Trust Agreement (Draper Oakwood Technology Acquisition Inc.), Investment Management Trust Agreement (Draper Oakwood Technology Acquisition Inc.)
Limited Distributions of Income from Trust Account. (a) Upon written request from the Company, which may be given from time to time in a form substantially similar to that attached hereto as Exhibit CD, the Trustee shall distribute to the Company the amount of interest income earned on the Trust Account Property requested by the Company to cover any income or other tax obligation owed by the Company.
Appears in 2 contracts
Samples: Investment Management Trust Agreement (Andina Acquisition Corp. III), Investment Management Trust Agreement (Andina Acquisition Corp. III)
Limited Distributions of Income from Trust Account. (a) Upon written request from the Company, which may be given from time to time in a form substantially similar to that attached hereto as Exhibit C, the Trustee shall distribute to the Company (i) the amount of interest income earned on the Trust Account requested by the Company to cover any income or other tax obligation owed by the Company; and/or (ii) an amount of no more than 10% of the interest earned on the Property for use as working capital of the Company.
Appears in 2 contracts
Samples: Investment Management Trust Agreement (YHN Acquisition I LTD), Investment Management Trust Agreement (YHN Acquisition I LTD)
Limited Distributions of Income from Trust Account. (a) Upon written request from the Company, which may be given from time to time in a form substantially similar to that attached hereto as Exhibit CD, the Trustee shall distribute to the Company the amount of interest income earned on the Trust Account requested by the Company (X) to cover any income or other tax obligation owed by the Company, (Y) to pay for Trust Account administration expenses or (Z) liquidation expenses not to exceed $100,000.
Appears in 2 contracts
Samples: Investment Management Trust Agreement (Legato Merger Corp. III), Investment Management Trust Agreement (Legato Merger Corp. III)
Limited Distributions of Income from Trust Account. (a) Upon written request from the Company, which may be given from time to time in a form substantially similar to that attached hereto as Exhibit CD, the Trustee shall distribute to the Company the amount of interest income earned on the Trust Account requested by the Company (X) to cover any income or other tax obligation owed by the Company, (Y) to pay for working capital requirements not to exceed $150,000 annually or (Z) liquidation expenses not to exceed $100,000.
Appears in 2 contracts
Samples: Investment Management Trust Agreement (Legato Merger Corp. Ii), Investment Management Trust Agreement (Legato Merger Corp. Ii)
Limited Distributions of Income from Trust Account. (a) Upon written request from the Company, which may be given from time to time in a form substantially similar to that attached hereto as Exhibit CE, the Trustee shall distribute to the Company the amount of interest income earned on the Trust Account requested by the Company to cover any income or other tax obligation owed by the CompanyCompany or liquidation expenses not to exceed $50,000.
Appears in 2 contracts
Samples: Investment Management Trust Agreement (Vickers Vantage Corp. I), Investment Management Trust Agreement (Vickers Vantage Corp. I)
Limited Distributions of Income from Trust Account. (a) Upon written request from the Company, which may be given from time to time in a form substantially similar to that attached hereto as Exhibit C, the Trustee shall distribute to the Company the amount of interest income earned on the Trust Account requested by the Company necessary to cover any income or other tax obligation owed by the Company.;
Appears in 2 contracts
Samples: Investment Management Trust Agreement (GSME Acquisition Partners I), Investment Management Trust Agreement (57th Street General Acquisition Corp)
Limited Distributions of Income from Trust Account. (a) ). Upon written request from the Company, which may be given from time to time in a form substantially similar to that attached hereto as Exhibit C, the Trustee shall distribute to the Company the amount of interest income earned on the Trust Account requested by the Company to cover any income or other tax obligation owed by the Company.
Appears in 2 contracts
Samples: Investment Management Trust Agreement (Orisun Acquisition Corp.), Investment Management Trust Agreement (Orisun Acquisition Corp.)
Limited Distributions of Income from Trust Account. (a) Upon written request from the Company, which may be given from time to time in a form substantially similar to that attached hereto as Exhibit C, the Trustee shall distribute to the Company the amount of interest income earned on the Trust Account requested by the Company to cover any income or other tax obligation owed by the Company.Company as a result of interest or other income earned on the funds held in the Trust Account or otherwise;
Appears in 1 contract
Samples: Investment Management Trust Agreement (Highlands Acquisition Corp)
Limited Distributions of Income from Trust Account. (a) Upon written request from the Company, which may be given from time to time in a form substantially similar to that attached hereto as Exhibit CD, the Trustee shall distribute to the Company the amount of interest income earned on the Trust Account requested by the Company to cover any income or other tax obligation owed by the CompanyCompany or liquidation expenses not to exceed $50,000.
Appears in 1 contract
Samples: Investment Management Trust Agreement (Mars Acquisition Corp.)
Limited Distributions of Income from Trust Account. (a) Upon written request from the Company, which may be given from time to time in a form substantially similar to that attached hereto as Exhibit C, the Trustee shall distribute to the Company the amount of from interest income earned on the Trust Account the amount requested by the Company to cover any income or other tax obligation owed by the Company.;
Appears in 1 contract
Samples: Investment Management Trust Agreement (Consumer Partners Acquisition Corp.)
Limited Distributions of Income from Trust Account. (a) Upon written request from the Company, which may be given from time to time in a form substantially similar to that attached hereto as Exhibit CE, the Trustee shall distribute to the Company the amount of interest income earned on the Trust Account requested by the Company to cover any income or other tax obligation owed by the Company, which the Company shall forward such payment to the relevant taxing authority.
Appears in 1 contract
Samples: Investment Management Trust Agreement (Northern Star Acquisition Corp.)
Limited Distributions of Income from Trust Account. (a) Upon written request from the Company, which may be given from time to time in a form substantially similar to that attached hereto as Exhibit C, the Trustee shall distribute to the Company the amount of interest income earned on the Trust Account requested by the Company (i) to cover any income or other tax obligation owed by the CompanyCompany as a result of such interest income, or (ii) for working capital purposes, up to $250,000 annually.
Appears in 1 contract
Samples: Investment Management Trust Agreement (LifeSci Acquisition Corp.)
Limited Distributions of Income from Trust Account. (a) Upon written request from the Company, which may be given from time to time in a form substantially similar to that attached hereto as Exhibit CE, the Trustee shall distribute to the Company the amount of interest income earned on the Trust Account requested by the Company [(i)] to cover any income or other tax obligation owed by the Company, which the Company shall forward such payment to the relevant taxing authority, [and/or (ii) for working capital purposes].
Appears in 1 contract
Samples: Investment Management Trust Agreement (Northern Star Acquisition Corp.)
Limited Distributions of Income from Trust Account. (a) Upon written request from the Company, which may be given from time to time in a form substantially similar to that attached hereto as Exhibit C, the Trustee shall distribute to the Company the amount of by wire transfer from interest income earned on the Trust Account requested by the Company amount necessary to cover any income or other tax obligation owed by the CompanyCompany and, to the extent there is not sufficient cash in the Trust Account to pay such tax obligation, liquidate such assets held in the Trust Account as shall be designated by the Company in writing to make such distribution.
Appears in 1 contract
Samples: Investment Management Trust Agreement (Nautilus Marine Acquisition Corp)
Limited Distributions of Income from Trust Account. (a) Upon written request from the Company, which may be given from time to time in a form substantially similar to that attached hereto as Exhibit CD, the Trustee shall distribute to the Company the amount of interest income earned on the Trust Account requested by the Company to cover any income or other franchise tax obligation owed by the Company.
Appears in 1 contract
Samples: Investment Management Trust Agreement (Allegro Merger Corp.)
Limited Distributions of Income from Trust Account. (a) Upon written request from the Company, which may be given from time to time in a form substantially similar to that attached hereto as Exhibit C, the Trustee shall distribute to the Company by wire transfer the amount of interest income earned on the Trust Account requested by the Company to cover any income or other tax obligation owed by the Company.;
Appears in 1 contract
Samples: Investment Management Trust Agreement (Asia Select Acquisition I Corp.)
Limited Distributions of Income from Trust Account. (a) Upon written request from the Company, which may be given from time to time in a form substantially similar to that attached hereto as Exhibit CD, the Trustee shall distribute to the Company the amount of interest income earned on the Trust Account requested by the Company to cover any income or other tax obligation owed by the CompanyCompany or up to $50,000 for liquidation expenses.
Appears in 1 contract
Samples: Investment Management Trust Agreement (LGL Systems Acquisition Corp.)
Limited Distributions of Income from Trust Account. (a) Upon written request from the Company, which may be given from time to time in a form substantially similar to that attached hereto as Exhibit C, the Trustee shall distribute to the Company the amount of interest income earned on the Trust Account Property and requested by the Company to cover any income or other franchise tax obligation owed by the Company.Company and for working capital purposes; provided, however, that the aggregate amount of all such distributions for working capital purposes, together with amounts released pursuant to Section 2(b), shall not exceed $600,000;
Appears in 1 contract
Samples: Investment Management Trust Agreement (Forum Merger Corp)
Limited Distributions of Income from Trust Account. (a) Upon written request from the Company, which may be given from time to time in a form substantially similar to that attached hereto as Exhibit C, the Trustee shall distribute to the Company the amount of interest income earned on by wire transfer from the Trust Account requested the amount necessary by the Company to cover any income or other tax obligation owed by the Company.;
Appears in 1 contract
Samples: Investment Management Trust Agreement (Capitol Acquisition Corp. II)
Limited Distributions of Income from Trust Account. (a) Upon written request from the Company, which may be given from time to time in a form substantially similar to that attached hereto as Exhibit C, the Trustee shall distribute to the Company the amount of interest income earned on the Trust Account requested by the Company to cover any income income, franchise or other tax obligation owed by the Company.
Appears in 1 contract
Samples: Investment Management Trust Agreement (Hf2 Financial Management Inc.)
Limited Distributions of Income from Trust Account. (a) Upon written request from the Company, which may be given from time to time in a form substantially similar to that attached hereto as Exhibit CE, the Trustee shall distribute to the Company the amount of interest income earned on the Trust Account requested by the Company to cover any income or other tax obligation owed by the Company.
Appears in 1 contract
Samples: Investment Management Trust Agreement (Greenrose Acquisition Corp)
Limited Distributions of Income from Trust Account. (a) Upon written request from the Company, which may be given from time to time in a form substantially similar to that attached hereto as Exhibit C, the Trustee shall distribute to the Company the amount of interest income earned on by wire transfer from the Trust Account requested by the Company amount necessary to cover any income or other tax obligation owed by the Company. The distributions referred to herein shall be made only from income collected on the Property.
Appears in 1 contract
Samples: Investment Management Trust Agreement (Collabrium Japan Acquisition Corp)
Limited Distributions of Income from Trust Account. (a) Upon written request from the Company, which may be given from time to time in a form substantially similar to that attached hereto as Exhibit C, the Trustee shall distribute to the Company the amount of interest income earned on the Trust Account requested by the Company to cover any income or other franchise tax obligation owed by the Company.Company on any interest income earned on the Trust Account;
Appears in 1 contract
Samples: Investment Management Trust Agreement (Capitol Acquisition Corp)
Limited Distributions of Income from Trust Account. (a) Upon written request from the Company, which may be given from time to time in a form substantially similar to that attached hereto as Exhibit C, the Trustee shall distribute to the Company the amount of interest income earned on the Trust Account Property and requested by the Company to cover any income or other tax obligation owed by the Company.
Appears in 1 contract
Samples: Investment Management Trust Agreement (KLR Energy Acquisition Corp.)
Limited Distributions of Income from Trust Account. (a) Upon written request from the Company, which may be given from time to time in a form substantially similar to that attached hereto as Exhibit C, the Trustee shall distribute to the Company the amount of interest income earned on the Trust Account requested by the Company to cover any income or other tax obligation owed by the Company.;
Appears in 1 contract
Samples: Investment Management Trust Agreement (Ideation Acquisition Corp.)
Limited Distributions of Income from Trust Account. (a) Upon written request from the Company, which may be given from time to time in a form substantially similar to that attached hereto as Exhibit CD, the Trustee shall distribute to the Company the amount of interest income earned on the Trust Account requested by the Company to cover any income or other tax obligation owed by the CompanyCompany for any amount or liquidation expenses not to exceed $50,000.
Appears in 1 contract
Samples: Investment Management Trust Agreement (Agrico Acquisition Corp.)
Limited Distributions of Income from Trust Account. (a) Upon written request from the Company, which may be given from time to time in a form substantially similar to that attached hereto as Exhibit CD, the Trustee shall distribute to the Company the amount of interest income earned on by wire transfer from the Trust Account requested by the Company amount necessary to cover any income or other tax obligation owed by the Company. The distributions referred to herein shall be made only from income collected on the Property.
Appears in 1 contract
Samples: Investment Management Trust Agreement (Collabrium Japan Acquisition Corp)
