PURCHASE AGREEMENTPurchase Agreement • June 29th, 2022 • XAI Octagon Floating Rate & Alternative Income Term Trust • Delaware
THIS PURCHASE AGREEMENT (this “Agreement”) is entered into as of June 28, 2022, 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”).
PURCHASE AGREEMENTPurchase Agreement • June 29th, 2022 • XAI Octagon Floating Rate & Alternative Income Term Trust • Delaware
THIS PURCHASE AGREEMENT (this “Agreement”) is entered into as of June 28, 2022, by and among XAI Octagon Floating Rate & Alternative Income Term Trust, a Delaware statutory trust (the “Trust”), Eagle Point Credit Management LLC (“Eagle Point”) 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 • June 29th, 2022 • XAI Octagon Floating Rate & Alternative Income Term Trust • Delaware
Whereas, the parties previously entered into a letter agreement, dated as of September 8, 2021 (the “Letter Agreement”) 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.
