PURCHASE AGREEMENTPurchase Agreement • September 9th, 2021 • XAI Octagon Floating Rate & Alternative Income Term Trust • Delaware
THIS PURCHASE AGREEMENT (this “Agreement”) is entered into as of September 8, 2021, by and between XAI Octagon Floating Rate & Alternative Income Term Trust, a Delaware statutory trust (the “Trust”), and each purchaser identified on Appendix A hereto (each, a “Purchaser” and collectively the “Purchasers”).
XAI Octagon Floating Rate & Alternative Income Term Trust Chicago, Illinois 60654Letter Agreement • September 9th, 2021 • XAI Octagon Floating Rate & Alternative Income Term Trust • Delaware
This letter agreement (this “Letter Agreement”) is being entered into in connection with the Purchase Agreement, dated as of September 8, 2021 (the “Purchase Agreement”), between XAI Octagon Floating Rate & Alternative Income Term Trust (the “Trust”) and each purchaser party thereto (each, a “Purchaser”) relating to the purchase of shares of the Trust’s 6.50% Series 2026 Term Preferred Shares, liquidation preference $25.00 per share (the “2026 Preferred Shares”). Eagle Point Credit Management LLC (“Eagle Point”) is the investment manager of each Purchaser. The Trust and Eagle Point do hereby agree:
