Common use of Termination Letter Clause in Contracts

Termination Letter. Gentlemen: Pursuant to Section 1(i) of the Investment Management Trust Agreement between Boulevard Acquisition Corp. (the “Company”) and Continental Stock Transfer & Trust Company (the “Trustee”), dated as of [ ], 2014 (the “Trust Agreement”), this is to advise you that the Company has been unable to effect a business combination with a Target Business (the “Business Combination”) within the time frame specified in the Company’s Amended and Restated Certificate of Incorporation, as described in the Company’s Prospectus relating to the Offering. Capitalized terms used but not defined herein shall have the meanings set forth in the Trust Agreement. In accordance with the terms of the Trust Agreement, we hereby authorize you to liquidate all of the assets in the Trust Account on , 20 and to transfer the total proceeds into the trust checking account at XX Xxxxxx Xxxxx Bank, N.A. to await distribution to the Public Stockholders. The Company has selected [ ](3) if the Company has executed a letter of intent, agreement in principle or definitive agreement for an initial business combination before [ ], as the record date for the purpose of determining the Public Stockholders entitled to receive their share of the liquidation proceeds. You agree to be the Paying Agent of record and, in your separate capacity as Paying Agent, agree to distribute said funds directly to the Company’s Public Stockholders in accordance with the terms of the Trust Agreement and the Amended and Restated Certificate of Incorporation of the Company. Upon the distribution of all the funds, net of any payments necessary for reasonable unreimbursed expenses related to liquidating the Trust Account, your obligations under the Trust Agreement shall be terminated, except to the extent otherwise provided in Section 1(j) of the Trust Agreement. Very truly yours, Boulevard Acquisition Corp. By: Name: Title:

Appears in 3 contracts

Samples: Investment Management Trust Agreement (Boulevard Acquisition Corp.), Investment Management Trust Agreement (Boulevard Acquisition Corp.), Investment Management Trust Agreement (Boulevard Acquisition Corp.)

AutoNDA by SimpleDocs

Termination Letter. Gentlemen: Pursuant to Section 1(i) of the Investment Management Trust Agreement between Boulevard Global Partner Acquisition Corp. (the “Company”) and Continental Stock Transfer & Trust Company (the “Trustee”), dated as of [ [●], 2014 2015 (the “Trust Agreement”), this is to advise you that the Company has been unable to effect a business combination with a Target Business (the “Business Combination”) within the time frame specified in the Company’s Amended and Restated Certificate of Incorporation, as described in the Company’s Prospectus relating to the Offering. Capitalized terms used but not defined herein shall have the meanings set forth in the Trust Agreement. In accordance with the terms of the Trust Agreement, we hereby authorize you to liquidate all of the assets in the Trust Account on [●], 20 and to transfer the total proceeds into the trust checking account at XX Xxxxxx Xxxxx Chase Bank, N.A. to await distribution to the Public Stockholders. The Company has selected [ [●](3) if the Company has executed a letter of intent, agreement in principle or definitive agreement for an initial business combination before [ ]2017, as the record date for the purpose of determining the Public Stockholders entitled to receive their share of the liquidation proceeds. You agree to be the Paying Agent of record and, in your separate capacity as Paying Agent, agree to distribute said funds directly to the Company’s Public Stockholders in accordance with the terms of the Trust Agreement and the Amended and Restated Certificate of Incorporation of the Company. Upon the distribution of all the funds, net of any payments necessary for reasonable unreimbursed expenses related to liquidating the Trust Account, your obligations under the Trust Agreement shall be terminated, except to the extent otherwise provided in Section 1(j) of the Trust Agreement. Very truly yours, Boulevard Global Partner Acquisition Corp. By: Name: Title:: cc: Deutsche Bank Securities Inc. EXHIBIT C [Letterhead of Company] [Insert date] Continental Stock Transfer & Trust Company 00 Xxxxxxx Xxxxx Xxx Xxxx, Xxx Xxxx 00000 Attn: Xxxxxxx Xxxxxx, Vice President Re: Trust Account No. __ Withdrawal Instruction Gentlemen: Pursuant to Section 1(j) of the Investment Management Trust Agreement between Global Partner Acquisition Corp. (“Company”) and Continental Stock Transfer & Trust Company (“Trustee”), dated as of [●], 2015 (“Trust Agreement”), the Company hereby requests that you deliver to the Company $[●] of the interest income earned on the Property as of the date hereof. Capitalized terms used but not defined herein shall have the meanings set forth in the Trust Agreement. The Company needs such funds to pay for the tax obligations as set forth on the attached tax return or tax statement. In accordance with the terms of the Trust Agreement, you are hereby directed and authorized to transfer (via wire transfer) such funds promptly upon your receipt of this letter to the Company’s operating account at: [WIRE INSTRUCTION INFORMATION] Very truly yours, Global Partner Acquisition Corp. By: Name: Title: cc: Deutsche Bank Securities Inc.

Appears in 2 contracts

Samples: Investment Management Trust Agreement (Global Partner Acquisition Corp.), Investment Management Trust Agreement (Global Partner Acquisition Corp.)

Termination Letter. Gentlemen: Pursuant to Section 1(i) of the Investment Management Trust Agreement between Boulevard Xxxxxxxx Capital Acquisition Corp. (the “Company”) and Continental Stock Transfer & Trust Company (the “Trustee”), dated as of [ [●], 2014 2015 (the “Trust Agreement”), this is to advise you that the Company has been unable to effect a business combination with a Target Business (the “Business Combination”) within the time frame specified in the Company’s Amended and Restated Certificate of Incorporation, as described in the Company’s Prospectus relating to the Offering. Capitalized terms used but not defined herein shall have the meanings set forth in the Trust Agreement. In accordance with the terms of the Trust Agreement, we hereby authorize you to liquidate all of the assets in the Trust Account on [●], 20 and to transfer the total proceeds into the trust checking account at XX Xxxxxx Xxxxx Bank, N.A. to await distribution to the Public Stockholders. The Company has selected [ [●](3) if the Company has executed a letter of intent, agreement in principle or definitive agreement for an initial business combination before [ ]2017, as the record date for the purpose of determining the Public Stockholders entitled to receive their share of the liquidation proceeds. You agree to be the Paying Agent of record and, in your separate capacity as Paying Agent, agree to distribute said funds directly to the Company’s Public Stockholders in accordance with the terms of the Trust Agreement and the Amended and Restated Certificate of Incorporation of the Company. Upon the distribution of all the funds, net of any payments necessary for reasonable unreimbursed expenses related to liquidating the Trust Account, your obligations under the Trust Agreement shall be terminated. Very truly yours, except Xxxxxxxx Capital Acquisition Corp. II By: Name: Title: cc: UBS Securities LLC EXHIBIT C [Letterhead of Company] [Insert date] Continental Stock Transfer & Trust Company 00 Xxxxxxx Xxxxx Xxx Xxxx, Xxx Xxxx 00000 Attn: Xxxxxxx Xxxxxx, Vice President Re: Trust Account No. __ Withdrawal Instruction Gentlemen: Pursuant to the extent otherwise provided in Section 1(j) of the Investment Management Trust Agreement between Xxxxxxxx Capital Acquisition Corp. (“Company”) and Continental Stock Transfer & Trust Company (“Trustee”), dated as of [●], 2015 (“Trust Agreement”), the Company hereby requests that you deliver to the Company $[●] of the interest income earned on the Property as of the date hereof. Capitalized terms used but not defined herein shall have the meanings set forth in the Trust Agreement. The Company needs such funds [to pay for the tax obligations as set forth on the attached tax return or tax statement] [for working capital purposes]. In accordance with the terms of the Trust Agreement, you are hereby directed and authorized to transfer (via wire transfer) such funds promptly upon your receipt of this letter to the Company’s operating account at: [WIRE INSTRUCTION INFORMATION] Very truly yours, Boulevard Xxxxxxxx Capital Acquisition Corp. II By: Name: Title:: cc: UBS Securities LLC

Appears in 2 contracts

Samples: Investment Management Trust Agreement (Hennessy Capital Acquisition Corp II), Investment Management Trust Agreement (Hennessy Capital Acquisition Corp II)

Termination Letter. Gentlemen: Pursuant to Section paragraph 1(i) of the Investment Management Trust Agreement between Boulevard Chardan NexTech Acquisition 2 Corp. (the “Company”) and Continental Stock Transfer & Trust Company (the “Trustee”), dated as of [ [●], 2014 2021 (the “Trust Agreement”), this is to advise you that the Company has been unable to effect a business combination Business Combination with a Target Business (the “Business Combination”) Company within the time frame specified in the Company’s Amended and Restated Certificate of Incorporation, as described in the Company’s Prospectus prospectus relating to the Offeringits IPO. Capitalized terms used but herein and not otherwise defined herein shall have the meanings set forth in the Trust Agreement. In accordance with the terms of the Trust Agreement, we hereby authorize you to liquidate all of the assets in the Trust Account investments on , 20 [●] and to transfer the total proceeds into to the trust checking account Trust Checking Account at XX Xxxxxx Xxxxx Bank, N.A. [•] to await distribution to the Public StockholdersShareholders. The Company has selected [ ](3) if the Company has executed a letter of intent, agreement in principle or definitive agreement for an initial business combination before [ ], [●] as the record effective date for the purpose of determining when the Public Stockholders Shareholders will be entitled to receive their share of the liquidation proceeds. It is acknowledged that no interest will be earned by the Company on the liquidation proceeds while on deposit in the Trust Checking Account. You agree to be the Paying Agent of record and, and in your separate capacity as Paying Agent, agree to distribute said funds directly to the Company’s Public Stockholders Shareholders in accordance with the terms of the Trust Agreement and the Amended and Restated Certificate of Incorporation of the Company. Upon the distribution of all the funds, net of any payments necessary for reasonable unreimbursed expenses related to liquidating funds in the Trust Account, your obligations under the Trust Agreement shall be terminated, except to the extent otherwise provided in Section 1(j) of the Trust Agreement. Very truly yours, Boulevard Acquisition Corp. CHARDAN NEXTECH ACQUISITION 2 CORP. By: NameJxxxx Xxxxxxxx, Chief Executive Officer and Secretary cc: Title:Chardan Capital Markets, LLC EXHIBIT C [Letterhead of Company] [Date ●] Continental Stock Transfer & Trust Company 1 Xxxxx Xxxxxx, 00xx Xxxxx Xxx Xxxx, X.X. 00000 Attn: Fxxxxxx Xxxx and Cxxxxxx Xxxxxxxx Re: Trust Account No. [●] Withdrawal Instructions Gentlemen: Pursuant to paragraph 2(a) of the Investment Management Trust Agreement between Chardan NexTech Acquisition 2 Corp. (“Company”) and Continental Stock Transfer & Trust Company (“Trustee”), dated as of [●], 2021 (“Trust Agreement”), the Company hereby requests that you deliver to the Company $[●] of the interest income earned on the Property as of the date hereof. The Company needs such funds to pay for its tax obligations as a result of such interest income. In accordance with the terms of the Trust Agreement, you are hereby directed and authorized to transfer (via wire transfer) such funds promptly upon your receipt of this letter to the Company’s operating account at: [WIRE INSTRUCTION INFORMATION] CHARDAN NEXTECH ACQUISITION 2 CORP. By: Jxxxx Xxxxxxxx, Chief Executive Officer and Secretary cc: Chardan Capital Markets, LLC

Appears in 2 contracts

Samples: Investment Management Trust Agreement (Chardan NexTech Acquisition 2 Corp.), Investment Management Trust Agreement (Chardan NexTech Acquisition 2 Corp.)

Termination Letter. Gentlemen: Pursuant to Section 1(i) of the Investment Management Trust Agreement between Boulevard Xxxxxxxx Acquisition Corp. (the “Company”) and Continental Stock Transfer & Trust Company (the “Trustee”), dated as of [ [________], 2014 2017 (the “Trust Agreement”), this is to advise you that the Company has been unable to effect a business combination with a Target Business (the “Business Combination”) within the time frame specified in the Company’s Amended and Restated Certificate of Incorporation, as described in the Company’s Prospectus relating to the Offering. Capitalized terms used but not defined herein shall have the meanings set forth in the Trust Agreement. In accordance with the terms of the Trust Agreement, we hereby authorize you to liquidate all of the assets in the Trust Account on , 20 and to transfer the total proceeds into the trust checking account at XX Xxxxxx Xxxxx Bank, N.A. to await distribution to the Public Stockholders. The Company has selected [ ](3) if the Company has executed a letter of intent, agreement in principle or definitive agreement for an initial business combination before [ ], ] as the record date for the purpose of determining the Public Stockholders entitled to receive their share of the liquidation proceeds. You agree to be the Paying Agent of record and, in your separate capacity as Paying Agent, agree to distribute said funds directly to the Company’s Public Stockholders in accordance with the terms of the Trust Agreement and the Amended and Restated Certificate of Incorporation of the Company. Upon the distribution of all the funds, net of any payments necessary for reasonable unreimbursed expenses related to liquidating the Trust Account, your obligations under the Trust Agreement shall be terminated, except to the extent otherwise provided in Section 1(j) of the Trust Agreement. Very truly yours, Boulevard Xxxxxxxx Acquisition Corp. By: Name: Title:: cc: Cantor Xxxxxxxxxx & Co. EXHIBIT C [Letterhead of Company] [Insert date] Continental Stock Transfer & Trust Company 0 Xxxxx Xxxxxx Xxxxx, 00xx Xxxxx Xxx Xxxx, XX 00000-0000 Attn: Xxxxxx X. Xxxxxx and Xxxxxxx Xxxxxx Re: Trust Account No. Withdrawal Instruction Gentlemen: Pursuant to Section 1(j) of the Investment Management Trust Agreement between Xxxxxxxx Acquisition Corp. (“Company”) and Continental Stock Transfer & Trust Company (“Trustee”), dated as of [_________], 2017 (“Trust Agreement”), the Company hereby requests that you deliver to the Company $ [ ] of the interest income earned on the Property as of the date hereof. Capitalized terms used but not defined herein shall have the meanings set forth in the Trust Agreement. The Company needs such funds to pay for the tax obligations as set forth on the attached tax return or tax statement. In accordance with the terms of the Trust Agreement, you are hereby directed and authorized to transfer (via wire transfer) such funds promptly upon your receipt of this letter to the Company’s operating account at: [WIRE INSTRUCTION INFORMATION] Very truly yours, Xxxxxxxx Acquisition Corp. By: Name: Title: cc: Cantor Xxxxxxxxxx & Co. EXHIBIT D [Letterhead of Company] [Insert date] Continental Stock Transfer & Trust Company 0 Xxxxx Xxxxxx Xxxxx, 00xx Xxxxx Xxx Xxxx, XX 00000-0000 Attn: Xxxxxx X. Xxxxxx and Xxxxxxx Xxxxxx Re: Trust Account No. Shareholder Redemption Withdrawal Instruction Gentlemen: Reference is made to the Investment Management Trust Agreement between Xxxxxxxx Acquisition Corp. (the “Company”) and Continental Stock Transfer & Trust Company (the “Trustee”), dated as of [_________], 2017 (the “Trust Agreement”). Capitalized terms used but not defined herein shall have the meanings set forth in the Trust Agreement. Pursuant to Section 1(k) of the Trust Agreement, this is to advise you that the Company has obtained approval of a Pre-Business Combination Amendment. As such, you are hereby directed and authorized to liquidate the Trust Account on [ ] and to transfer $[ ] of the proceeds of the Trust Account to the checking account at XX Xxxxxx Xxxxx Bank, N.A. for distribution to the stockholders that have properly elected to have their shares of Common Stock redeemed in connection with such Pre-Business Combination Amendment. The remaining funds shall be reinvested by you as previously instructed. Very truly yours, Xxxxxxxx Acquisition Corp. By: Name: Title: Cc: Cantor Xxxxxxxxxx & Co.

Appears in 2 contracts

Samples: Investment Management Trust Agreement (Haymaker Acquisition Corp.), Investment Management Trust Agreement (Haymaker Acquisition Corp.)

Termination Letter. Gentlemen: Pursuant to Section 1(i) of the Investment Management Trust Agreement between Boulevard Acquisition Corp. One Madison Corporation (the “Company”) and Continental Stock Transfer & Trust Company (the “Trustee”), dated as of [ ], 2014 __________ (the “Trust Agreement”), this is to advise you that the Company has been unable to effect a business combination with a Target Business (the “Business Combination”) within the time frame specified in the Company’s Amended and Restated Certificate Memorandum and Articles of IncorporationAssociation, as described in the Company’s Prospectus relating to the Offering. Capitalized terms used but not defined herein shall have the meanings set forth in the Trust Agreement. In accordance with the terms of the Trust Agreement, we hereby authorize you to liquidate all of the assets in the Trust Account on , 20 ____________ and to transfer the total proceeds into the trust checking account in the United States at XX Xxxxxx Xxxxx JPMorgan Chase Bank, N.A. to await distribution to the Public StockholdersShareholders. The Company has selected [ ](3) if the Company has executed a letter of intent, agreement in principle or definitive agreement for an initial business combination before [ ], __________ as the record date for the purpose of determining the Public Stockholders Shareholders entitled to receive their share of the liquidation proceeds. You agree to be the Paying Agent of record and, in your separate capacity as Paying Agent, agree to distribute said funds directly to the Company’s Public Stockholders Shareholders in accordance with the terms of the Trust Agreement and the Amended and Restated Certificate Memorandum and Articles of Incorporation Association of the Company. It is acknowledged and agreed that the aforementioned trust checking account is a non-interest bearing account and that while the funds are on deposit in said trust checking account awaiting distribution, no interest will be earned. Upon the distribution of all the funds, net of any payments necessary for reasonable unreimbursed expenses related to liquidating the Trust Account, your obligations under the Trust Agreement shall be terminated, except to the extent otherwise provided in Section 1(j1(i) of the Trust Agreement. Very truly yours, Boulevard Acquisition Corp. One Madison Corporation By: Name: Title:

Appears in 2 contracts

Samples: Investment Management Trust Agreement (One Madison Corp), Investment Management Trust Agreement (One Madison Corp)

Termination Letter. Gentlemen: Pursuant to Section paragraph 1(i) of the Investment Management Trust Agreement between Boulevard Chardan NexTech Acquisition 2 Corp. (the “Company”) and Continental Stock Transfer & Trust Company (the “Trustee”), dated as of [ [●], 2014 2021 (the “Trust Agreement”), this is to advise you that the Company has been unable to effect a business combination Business Combination with a Target Business (the “Business Combination”) Company within the time frame specified in the Company’s Amended and Restated Certificate of Incorporation, as described in the Company’s Prospectus prospectus relating to the Offeringits IPO. Capitalized terms used but herein and not otherwise defined herein shall have the meanings set forth in the Trust Agreement. In accordance with the terms of the Trust Agreement, we hereby authorize you to liquidate all of the assets in the Trust Account investments on , 20 [●] and to transfer the total proceeds into to the trust checking account Trust Checking Account at XX Xxxxxx Xxxxx Bank, N.A. [•] to await distribution to the Public Stockholders. The Company has selected [ ](3) if the Company has executed a letter of intent, agreement in principle or definitive agreement for an initial business combination before [ ], [●] as the record effective date for the purpose of determining when the Public Stockholders will be entitled to receive their share of the liquidation proceeds. It is acknowledged that no interest will be earned by the Company on the liquidation proceeds while on deposit in the Trust Checking Account. You agree to be the Paying Agent of record and, and in your separate capacity as Paying Agent, agree to distribute said funds directly to the Company’s Public Stockholders in accordance with the terms of the Trust Agreement and the Amended and Restated Certificate of Incorporation of the Company. Upon the distribution of all the funds, net of any payments necessary for reasonable unreimbursed expenses related to liquidating funds in the Trust Account, your obligations under the Trust Agreement shall be terminated, except to the extent otherwise provided in Section 1(j) of the Trust Agreement. Very truly yours, Boulevard Acquisition Corp. CHARDAN NEXTECH ACQUISITION 2 CORP. By: NameJxxxx Xxxxxxxx, Chief Executive Officer and Secretary cc: Title:Chardan Capital Markets, LLC EXHIBIT C [Letterhead of Company] [Date ●] Continental Stock Transfer & Trust Company 1 Xxxxx Xxxxxx, 00xx Xxxxx Xxx Xxxx, X.X. 00000 Attn: Fxxxxxx Xxxx and Cxxxxxx Xxxxxxxx Re: Trust Account No. [●] Withdrawal Instructions Gentlemen: Pursuant to paragraph 2(a) of the Investment Management Trust Agreement between Chardan NexTech Acquisition 2 Corp. (“Company”) and Continental Stock Transfer & Trust Company (“Trustee”), dated as of [●], 2021 (“Trust Agreement”), the Company hereby requests that you deliver to the Company $[●] of the interest income earned on the Property as of the date hereof. The Company needs such funds to pay for its tax obligations as a result of such interest income. In accordance with the terms of the Trust Agreement, you are hereby directed and authorized to transfer (via wire transfer) such funds promptly upon your receipt of this letter to the Company’s operating account at: [WIRE INSTRUCTION INFORMATION] CHARDAN NEXTECH ACQUISITION 2 CORP. By: Jxxxx Xxxxxxxx, Chief Executive Officer and Secretary cc: Chardan Capital Markets, LLC

Appears in 1 contract

Samples: Investment Management Trust Agreement (Chardan NexTech Acquisition 2 Corp.)

Termination Letter. GentlemenDear : Pursuant to Section 1(i) of the Investment Management Trust Agreement between Boulevard Excolere Acquisition Corp. (the “Company”) and Continental Stock Transfer & Trust Company (the “Trustee”), dated as of [ [•], 2014 2021 (the “Trust Agreement”), this is to advise you that the Company has been unable to effect a business combination with a Target Business (the “Business Combination”) within the time frame specified in the Company’s Amended and Restated Certificate of Incorporation, as described in the Company’s Prospectus relating to the Offering. Capitalized terms used but not defined herein shall have the meanings set forth in the Trust Agreement. In accordance with the terms of the Trust Agreement, we hereby authorize you to liquidate all of the assets in the Trust Account on , 20 and to transfer the total proceeds into the trust checking operating account at XX X.X. Xxxxxx Xxxxx Bank, N.A. to await distribution to the Public Stockholders. The Company has selected [ ](3) if the Company has executed a letter of intent, agreement in principle or definitive agreement for an initial business combination before [ ], ] as the record effective date for the purpose of determining when the Public Stockholders will be entitled to receive their share of the liquidation proceeds. It is acknowledged that no interest will be earned by the Company on the liquidation proceeds while on deposit in the trust operating account. You agree to be the Paying Agent of record and, in your separate capacity as Paying Agent, agree to distribute said funds directly to the Company’s Public Stockholders in accordance with the terms of the Trust Agreement and the Amended and Restated Certificate of Incorporation of the Company. Upon the distribution of all the funds, net of any payments necessary for reasonable unreimbursed expenses related to liquidating the Trust Account, your obligations under the Trust Agreement shall be terminated, except to the extent otherwise provided in Section 1(j) of the Trust Agreement. Very truly yours, Boulevard Acquisition Corp. EXCOLERE ACQUISITION CORP. By: Name: Title:: cc: UBS Securities LLC EXHIBIT C [Letterhead of Company] [Insert date] Continental Stock Transfer & Trust Company 0 Xxxxx Xxxxxx, 00xx Xxxxx Xxx Xxxx, Xxx Xxxx 00000 Attn: Re: Trust Account No. Tax Payment Withdrawal Instruction Dear : Pursuant to Section 1(j) of the Investment Management Trust Agreement between Excolere Acquisition Corp. (“Company”) and Continental Stock Transfer & Trust Company (“Trustee”), dated as of [•], 2021 (“Trust Agreement”), the Company hereby requests that you deliver to the Company $ of the interest income earned on the Property as of the date hereof. Capitalized terms used but not defined herein shall have the meanings set forth in the Trust Agreement. The Company needs such funds to pay for the tax obligations as set forth on the attached tax return or tax statement. In accordance with the terms of the Trust Agreement, you are hereby directed and authorized to transfer (via wire transfer) such funds promptly upon your receipt of this letter to the Company’s operating account at: [WIRE INSTRUCTION INFORMATION] Very truly yours, EXCOLERE ACQUISITION CORP. By: Name: Title: cc: UBS Securities LLC EXHIBIT D [Letterhead of Company] [Insert date] Continental Stock Transfer & Trust Company 0 Xxxxx Xxxxxx, 00xx Xxxxx Xxx Xxxx, Xxx Xxxx 00000 Attn: Re: Trust Account No. Shareholder Redemption Withdrawal Instruction Dear : Reference is made to the Investment Management Trust Agreement between Excolere Acquisition Corp. (“Company”) and Continental Stock Transfer & Trust Company (“Trustee”), dated as of [·], 2021 (“Trust Agreement”). Capitalized words used herein and not otherwise defined shall have the meanings ascribed to them in the Trust Agreement. Pursuant to Section 1(k) of the Trust Agreement, this is to advise you that the Company has sought an Amendment. Accordingly, in accordance with the terms of the Trust Agreement, we hereby authorize you to liquidate a sufficient portion of the Trust Account and to transfer $[·] of the proceeds of the Trust Account to the trust operating account at X.X. Xxxxxx Chase Bank, N.A. for distribution to the stockholders that have requested conversion of their shares in connection with such Amendment. Very truly yours, EXCOLERE ACQUISITION CORP. By: Name: Title: cc: UBS Securities LLC

Appears in 1 contract

Samples: Trust Agreement (Excolere Acquisition Corp.)

AutoNDA by SimpleDocs

Termination Letter. Gentlemen: Pursuant to Section 1(i) of the Investment Management Trust Agreement between Boulevard Silver Eagle Acquisition Corp. (the “Company”) and Continental Stock Transfer & Trust Company (the “Trustee”), dated as of [ ]July 25, 2014 2013 (the “Trust Agreement”), this is to advise you that the Company has been unable to effect a business combination with a Target Business (the “Business Combination”) within the time frame specified in the Company’s Amended and Restated Certificate of Incorporation, as described in the Company’s Prospectus relating to the Offering. Capitalized terms used but not defined herein shall have the meanings set forth in the Trust Agreement. In accordance with the terms of the Trust Agreement, we hereby authorize you to liquidate all of the assets in the Trust Account on ____________, 20 20___ and to transfer the total proceeds into the trust checking account at XX JX Xxxxxx Xxxxx Chase Bank, N.A. to await distribution to the Public Stockholders. The Company has selected [ ](3) April 30, 2015, or July 30, 2015 if the Company has executed a letter of intent, agreement in principle or definitive agreement for an initial business combination before [ ]April 30, 2015, as the record date for the purpose of determining the Public Stockholders entitled to receive their share of the liquidation proceeds. You agree to be the Paying Agent of record and, in your separate capacity as Paying Agent, agree to distribute said funds directly to the Company’s Public Stockholders in accordance with the terms of the Trust Agreement and the Amended and Restated Certificate of Incorporation of the Company. Upon the distribution of all the funds, net of any payments necessary for reasonable unreimbursed expenses related to liquidating the Trust Account, your obligations under the Trust Agreement shall be terminated, except to the extent otherwise provided in Section 1(j) of the Trust Agreement. Very truly yours, Boulevard Silver Eagle Acquisition Corp. By: Name: Title:: cc: Deutsche Bank Securities Inc. EXHIBIT C [Letterhead of Company] [Insert date] Continental Stock Transfer & Trust Company 10 Xxxxxxx Xxxxx Xxx Xxxx, Xxx Xxxx 00000 Attn: Cxxxxxx Xxxxxx, Vice President Re: Trust Account No. Tax Payment Withdrawal Instruction Gentlemen: Pursuant to Section 1(j) of the Investment Management Trust Agreement between Silver Eagle Acquisition Corp. (the “Company”) and Continental Stock Transfer & Trust Company (the “Trustee”), dated as of July 25, 2013 (the “Trust Agreement”), the Company hereby requests that you deliver to the Company $ ___________ of the principal and interest income earned on the Property as of the date hereof. Capitalized terms used but not defined herein shall have the meanings set forth in the Trust Agreement. The Company needs such funds to pay for the tax obligations as set forth on the attached tax return or tax statement. In accordance with the terms of the Trust Agreement, you are hereby directed and authorized to transfer (via wire transfer) such funds promptly upon your receipt of this letter to the Company’s operating account at: [WIRE INSTRUCTION INFORMATION] Very truly yours, Silver Eagle Acquisition Corp. By: Name: Title: cc: Deutsche Bank Securities Inc.

Appears in 1 contract

Samples: Investment Management Trust Agreement (Silver Eagle Acquisition Corp.)

Termination Letter. GentlemenDear : Pursuant to Section 1(i) of the Investment Management Trust Agreement between Boulevard Excolere Acquisition Corp. (the “Company”) and Continental Stock Transfer & Trust Company (the “Trustee”), dated as of [ [•], 2014 2022 (the “Trust Agreement”), this is to advise you that the Company has been unable to effect a business combination with a Target Business (the “Business Combination”) within the time frame specified in the Company’s Amended and Restated Certificate of Incorporation, as described in the Company’s Prospectus relating to the Offering. Capitalized terms used but not defined herein shall have the meanings set forth in the Trust Agreement. In accordance with the terms of the Trust Agreement, we hereby authorize you to liquidate all of the assets in the Trust Account on , 20 202 and to transfer the total proceeds into the trust checking operating account at XX X.X. Xxxxxx Xxxxx Bank, N.A. to await distribution to the Public Stockholders. The Company has selected [ ](3) if the Company has executed a letter of intent, agreement in principle or definitive agreement for an initial business combination before [ ], ] as the record effective date for the purpose of determining when the Public Stockholders will be entitled to receive their share of the liquidation proceeds. It is acknowledged that no interest will be earned by the Company on the liquidation proceeds while on deposit in the trust operating account. You agree to be the Paying Agent of record and, in your separate capacity as Paying Agent, agree to distribute said funds directly to the Company’s Public Stockholders in accordance with the terms of the Trust Agreement and the Amended and Restated Certificate of Incorporation of the Company. Upon the distribution of all the funds, net of any payments necessary for reasonable unreimbursed expenses related to liquidating the Trust Account, your obligations under the Trust Agreement shall be terminated, except to the extent otherwise provided in Section 1(j) of the Trust Agreement. Very truly yours, Boulevard Acquisition Corp. EXCOLERE ACQUISITION CORP. By: Name: Title:: cc: UBS Securities LLC EXHIBIT C [Letterhead of Company] [Insert date] Continental Stock Transfer & Trust Company 0 Xxxxx Xxxxxx, 00xx Xxxxx Xxx Xxxx, Xxx Xxxx 00000 Attn: Re: Trust Account No. Tax Payment Withdrawal Instruction Dear : Pursuant to Section 1(j) of the Investment Management Trust Agreement between Excolere Acquisition Corp. (“Company”) and Continental Stock Transfer & Trust Company (“Trustee”), dated as of [•], 2022 (“Trust Agreement”), the Company hereby requests that you deliver to the Company $ of the interest income earned on the Property as of the date hereof. Capitalized terms used but not defined herein shall have the meanings set forth in the Trust Agreement. The Company needs such funds to pay for the tax obligations as set forth on the attached tax return or tax statement. In accordance with the terms of the Trust Agreement, you are hereby directed and authorized to transfer (via wire transfer) such funds promptly upon your receipt of this letter to the Company’s operating account at: [WIRE INSTRUCTION INFORMATION] Very truly yours, EXCOLERE ACQUISITION CORP. By: Name: Title: cc: UBS Securities LLC EXHIBIT D [Letterhead of Company] [Insert date] Continental Stock Transfer & Trust Company 0 Xxxxx Xxxxxx, 00xx Xxxxx Xxx Xxxx, Xxx Xxxx 00000 Attn: Re: Trust Account No. Shareholder Redemption Withdrawal Instruction Dear : Reference is made to the Investment Management Trust Agreement between Excolere Acquisition Corp. (“Company”) and Continental Stock Transfer & Trust Company (“Trustee”), dated as of [·], 2022 (“Trust Agreement”). Capitalized words used herein and not otherwise defined shall have the meanings ascribed to them in the Trust Agreement. Pursuant to Section 1(k) of the Trust Agreement, this is to advise you that the Company has sought an Amendment. Accordingly, in accordance with the terms of the Trust Agreement, we hereby authorize you to liquidate a sufficient portion of the Trust Account and to transfer $[·] of the proceeds of the Trust Account to the trust operating account at X.X. Xxxxxx Chase Bank, N.A. for distribution to the stockholders that have requested conversion of their shares in connection with such Amendment. Very truly yours, EXCOLERE ACQUISITION CORP. By: Name: Title: cc: UBS Securities LLC

Appears in 1 contract

Samples: Trust Agreement (Excolere Acquisition Corp.)

Termination Letter. Gentlemen: Pursuant to Section 1(i) of the Investment Management Trust Agreement between Boulevard Levy Acquisition Corp. (the “Company”) and Continental Stock Transfer & Trust Company (the “Trustee”), dated as of [ ]November 13, 2014 2013 (the “Trust Agreement”), this is to advise you that the Company has been unable to effect a business combination with a Target Business (the “Business Combination”) within the time frame specified in the Company’s Amended and Restated Certificate of Incorporation, as described in the Company’s Prospectus relating to the Offering. Capitalized terms used but not defined herein shall have the meanings set forth in the Trust Agreement. In accordance with the terms of the Trust Agreement, we hereby authorize you to liquidate all of the assets in the Trust Account on ____________, 20 20___ and to transfer the total proceeds into the trust checking account at XX JX Xxxxxx Xxxxx Cxxxx Bank, N.A. to await distribution to the Public Stockholders. The Company has selected [ [_________](3) 1 if the Company has executed a letter of intent, agreement in principle or definitive agreement for an initial business combination before [ [_________], as the record date for the purpose of determining the Public Stockholders entitled to receive their share of the liquidation proceeds. You agree to be the Paying Agent of record and, in your separate capacity as Paying Agent, agree to distribute said funds directly to the Company’s Public Stockholders in accordance with the terms of the Trust Agreement and the Amended and Restated Certificate of Incorporation of the Company. Upon the distribution of all the funds, net of any payments necessary for reasonable unreimbursed expenses related to liquidating the Trust Account, your obligations under the Trust Agreement shall be terminated, except to the extent otherwise provided in Section 1(j) of the Trust Agreement. Very truly yours, Boulevard Levy Acquisition Corp. By: Name: Title:

Appears in 1 contract

Samples: Investment Management Trust Agreement (Levy Acquisition Corp)

Termination Letter. Gentlemen: Pursuant to Section 1(i) of the Investment Management Trust Agreement between Boulevard Acquisition Corp. Thunder Bridge Acquisition, Ltd. (the “Company”) and Continental Stock Transfer & Trust Company (the “Trustee”), dated as of [ [________], 2014 2018 (the “Trust Agreement”), this is to advise you that the Company has been unable to effect a business combination with a Target Business (the “Business Combination”) within the time frame specified in the Company’s Amended and Restated Certificate of Incorporation, as described in the Company’s Prospectus relating to the Offering. Capitalized terms used but not defined herein shall have the meanings set forth in the Trust Agreement. In accordance with the terms of the Trust Agreement, we hereby authorize you to liquidate all of the assets in the Trust Account on , 20 and to transfer the total proceeds into the trust checking account at XX Xxxxxx Xxxxx Chase Bank, N.A. to await distribution to the Public StockholdersShareholders. The Company has selected [ ](3) if the Company has executed a letter of intent, agreement in principle or definitive agreement for an initial business combination before [ ], ] as the record date for the purpose of determining the Public Stockholders Shareholders entitled to receive their share of the liquidation proceeds. You agree to be the Paying Agent of record and, in your separate capacity as Paying Agent, agree to distribute said funds directly to the Company’s Public Stockholders Shareholders in accordance with the terms of the Trust Agreement and the Amended and Restated Certificate of Incorporation of the Company. Upon the distribution of all the funds, net of any payments necessary for reasonable unreimbursed expenses related to liquidating the Trust Account, your obligations under the Trust Agreement shall be terminated, except to the extent otherwise provided in Section 1(j) of the Trust Agreement. Very truly yours, Boulevard Acquisition Corp. Thunder Bridge Acquisition, Ltd. By: Name: Title:: cc: Cantor Xxxxxxxxxx & Co. EXHIBIT C [Letterhead of Company] [Insert date] Continental Stock Transfer & Trust Company 0 Xxxxx Xxxxxx Xxxxx, 00xx Xxxxx Xxx Xxxx, XX 00000-0000 Attn: Xxxxxx X. Xxxxxx and Xxxxxxx Xxxxxx Re: Trust Account No. Withdrawal Instruction Gentlemen: Pursuant to Section 1(j) of the Investment Management Trust Agreement between Thunder Bridge Acquisition, Ltd. (the “Company”) and Continental Stock Transfer & Trust Company (the “Trustee”), dated as of [_________], 2018 (the “Trust Agreement”), the Company hereby requests that you deliver to the Company $ [ ] of the interest income earned on the Property as of the date hereof. Capitalized terms used but not defined herein shall have the meanings set forth in the Trust Agreement. The Company needs such funds to pay for the tax obligations as set forth on the attached tax return or tax statement. In accordance with the terms of the Trust Agreement, you are hereby directed and authorized to transfer (via wire transfer) such funds promptly upon your receipt of this letter to the Company’s operating account at: Very truly yours, Thunder Bridge Acquisition, Ltd. By: Name: Title: cc: Cantor Xxxxxxxxxx & Co. EXHIBIT D [Letterhead of Company] [Insert date] Continental Stock Transfer & Trust Company 0 Xxxxx Xxxxxx Xxxxx, 00xx Xxxxx Xxx Xxxx, XX 00000-0000 Attn: Xxxxxx X. Xxxxxx and Xxxxxxx Xxxxxx Re: Trust Account No. Shareholder Redemption Withdrawal Instruction Gentlemen: Reference is made to the Investment Management Trust Agreement between Thunder Bridge Acquisition, Ltd. (the “Company”) and Continental Stock Transfer & Trust Company (the “Trustee”), dated as of [_________], 2018 (the “Trust Agreement”). Capitalized terms used but not defined herein shall have the meanings set forth in the Trust Agreement. Pursuant to Section 1(k) of the Trust Agreement, this is to advise you that the Company has obtained approval of a Pre-Business Combination Amendment. As such, you are hereby directed and authorized to liquidate the Trust Account on [ ] and to transfer $[ ] of the proceeds of the Trust Account to the checking account at X.X. Xxxxxx Chase Bank, N.A. for distribution to the shareholders that have properly elected to have their Ordinary Shares redeemed in connection with such Pre-Business Combination Amendment. The remaining funds shall be reinvested by you as previously instructed. Very truly yours, Thunder Bridge Acquisition, Ltd. By: Name: Title: Cc: Cantor Xxxxxxxxxx & Co.

Appears in 1 contract

Samples: Investment Management Trust Agreement (Thunder Bridge Acquisition LTD)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!