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.)

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Termination Letter. Gentlemen: Pursuant to Section 1(i) of the Investment Management Trust Agreement between Boulevard Acquisition Corp. CF 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 20___ and to transfer the total proceeds into the trust checking account in the United States at XX JX 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 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(j) of the Trust Agreement. Very truly yours, Boulevard Acquisition Corp. CF Corporation By: Name: Title:

Appears in 3 contracts

Samples: Investment Management Trust Agreement (CF Corp), Investment Management Trust Agreement (CF Corp), Investment Management Trust Agreement (CF 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 1(i) of the Investment Management Trust Agreement between Boulevard LF Capital Acquisition Corp. (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 J.X. Xxxxxx Xxxxx Cxxxx 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 [ ], 1 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 LF Capital Acquisition Corp. By: Name: Title:: cc: B. Xxxxx FBR, Inc. Rxxxxxx Jxxxx & Associates, Inc.

Appears in 1 contract

Samples: Investment Management Trust Agreement (LF Capital Acquisition Corp.)

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Termination Letter. Gentlemen: Pursuant to Section 1(i) of the Investment Management Trust Agreement between Boulevard Double Eagle Acquisition Corp. (the “Company”) and Continental Stock Transfer & Trust Company (the “Trustee”), dated as of [ ]September 10, 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 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 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 StockholdersShareholders. The Company has selected [ ](3) if the Company has executed a letter of intentSeptember 16, 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 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. 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 Double Eagle Acquisition Corp. By: Name: Title:

Appears in 1 contract

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

Termination Letter. Gentlemen: Pursuant to Section 1(i) of the Investment Management Trust Agreement between Boulevard Acamar Partners Acquisition Corp. II (the “Company”) and Continental American Stock Transfer & Trust Company Company, LLC (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 20[ * ] and to transfer the total proceeds into a segregated account held by you on behalf of the trust checking account at XX Xxxxxx Xxxxx Bank, N.A. Beneficiaries 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 [ ], 1 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(j1(i) of the Trust Agreement. Very truly yours, Boulevard Acamar Partners Acquisition Corp. II By: Name: Title: cc: BofA Securities, Inc. Credit Suisse Securities (USA) LLC Gxxxxxx Sachs & Co. LLC 1 24 months from the closing of the Offering. American Stock Transfer & Trust Company, LLC 6000 00xx Xxxxxx Xxxxxxxx, XX 00000 Attn: AST Shareholder Services Re: Trust Account No. Tax Payment Withdrawal Instruction Gentlemen: Pursuant to Section 1(j) of the Investment Management Trust Agreement between Acamar Partners Acquisition Corp. (the “Company”) and American Stock Transfer & Trust Company, LLC (the “Trustee”), dated as of , 2021 (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, Acamar Partners Acquisition Corp. II By: Name: Title:

Appears in 1 contract

Samples: Investment Management Trust Agreement (Acamar Partners Acquisition Corp. II)

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