{"component": "clause", "props": {"groups": [{"snippet": "The Company hereby agrees and covenants to:\n(a) Give all instructions to the Trustee hereunder in writing, signed by the Company\u2019s Chairman of the Board, Chief Executive Officer, Chief Financial Officer or other authorized officer of the Company. In addition, except with respect to its duties under Sections 1(i), or (j) hereof, the Trustee shall be entitled to rely on, and shall be protected in relying on, any verbal or telephonic advice or instruction which it in good faith and with reasonable care believes to be given by any one of the persons authorized above to give written instructions, provided that the Company shall promptly confirm such instructions in writing;\n(b) Subject to the provisions of Section 4 of this Agreement, hold the Trustee harmless and indemnify the Trustee from and against, any and all expenses, including reasonable counsel fees and disbursements, or losses suffered by the Trustee in connection with any claim, potential claim, action, suit or other proceeding brought against the Trustee involving any claim, or in connection with any claim or demand, which in any way arises out of or relates to this Agreement, the services of the Trustee hereunder, or the Property or any interest earned on the Property, except for expenses and losses resulting from the Trustee\u2019s gross negligence, fraud or willful misconduct. Promptly after the receipt by the Trustee of notice of demand or claim or the commencement of any action, suit or proceeding, pursuant to which the Trustee intends to seek indemnification under this Section 2(b), it shall notify the Company in writing of such claim (hereinafter referred to as the \u201cIndemnified Claim\u201d). The Trustee shall have the right to conduct and manage the defense against such Indemnified Claim; provided, that the Trustee shall obtain the consent of the Company with respect to the selection of counsel, which consent shall not be unreasonably withheld. The Trustee may not agree to settle any Indemnified Claim without the prior written consent of the Company, which consent shall not be unreasonably withheld. The Company may participate in such action with its own counsel;\n(c) Pay the Trustee an initial acceptance fee, an annual fee and a transaction processing fee for each disbursement made as set forth on Schedule A hereto, which fees shall be subject to modification by the parties from time to time. It is expressly understood that the Property shall not be used to pay such fees unless the disbursements are made to the Company pursuant to Section 1(i) solely in connection with the consummation of a Business Combination and Section 1(j). The Company shall pay the Trustee the initial acceptance fee and first year\u2019s fee at the consummation of the IPO and thereafter on the anniversary of the Effective Date. The Trustee shall refund the Company the annual administration fee (on a pro rata basis) with respect to any period after the liquidation of the Trust Account. The Company shall not be responsible for any other fees or charges of the Trustee except as set forth in this Section 2(c), Schedule A and as may be provided in Section 2(b) hereof;\n(d) In connection with any vote of the Company\u2019s shareholders regarding a Business Combination, provide to the Trustee an affidavit or certificate of a firm regularly engaged in the business of soliciting proxies and/or tabulating shareholder votes (which firm may be the Trustee) verifying the vote of the Company\u2019s shareholders regarding such Business Combination;\n(e) In connection with the Trustee acting as Paying/Disbursing Agent pursuant to Exhibit B, the Company will not give the Trustee disbursement instructions which would be prohibited under this Agreement;\n(f) Within five business days after the Underwriter in the IPO, exercises the over-allotment option (or any unexercised portion thereof) or such over-allotment option expires, provides the Trustee with a notice in writing (with a copy to the Underwriter) of the total amount of the Deferred Discount;\n(g) In the event the Company is entitled to receive a tax refund on its income tax obligation, and promptly after the amount of such refund is determined on a final basis, provide the Trustee with notice in writing (with a copy to the Underwriter) of the amount of such income tax refund; and", "snippet_links": [{"key": "the-company-hereby", "type": "clause", "offset": [0, 18]}, {"key": "and-covenants", "type": "clause", "offset": [26, 39]}, {"key": "trustee-hereunder", "type": "clause", "offset": [77, 94]}, {"key": "by-the-company", "type": "clause", "offset": [114, 128]}, {"key": "chairman-of-the-board", "type": "clause", "offset": [131, 152]}, {"key": "chief-executive-officer", "type": "clause", "offset": [154, 177]}, {"key": "chief-financial-officer", "type": "clause", "offset": [179, 202]}, {"key": "officer-of-the-company", "type": "clause", "offset": [223, 245]}, {"key": "in-addition", "type": "clause", "offset": 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"in-connection-with", "type": "clause", "offset": [919, 937]}, {"key": "potential-claim", "type": "definition", "offset": [949, 964]}, {"key": "other-proceeding", "type": "clause", "offset": [982, 998]}, {"key": "claim-or-demand", "type": "definition", "offset": [1074, 1089]}, {"key": "to-this-agreement", "type": "clause", "offset": [1133, 1150]}, {"key": "the-services", "type": "definition", "offset": [1152, 1164]}, {"key": "the-property", "type": "clause", "offset": [1194, 1206]}, {"key": "interest-earned", "type": "definition", "offset": [1214, 1229]}, {"key": "expenses-and", "type": "clause", "offset": [1258, 1270]}, {"key": "resulting-from-the", "type": "clause", "offset": [1278, 1296]}, {"key": "gross-negligence", "type": "clause", "offset": [1307, 1323]}, {"key": "fraud-or-willful-misconduct", "type": "clause", "offset": [1325, 1352]}, {"key": "receipt-by-the", "type": "clause", "offset": [1373, 1387]}, {"key": "notice-of-demand", "type": "definition", "offset": [1399, 1415]}, {"key": "commencement-of", "type": "clause", "offset": [1432, 1447]}, {"key": "any-action", "type": "definition", "offset": [1448, 1458]}, {"key": "suit-or-proceeding", "type": "clause", "offset": [1460, 1478]}, {"key": "notify-the", "type": "clause", "offset": [1576, 1586]}, {"key": "company-in", "type": "clause", "offset": [1587, 1597]}, {"key": "indemnified-claim", "type": "definition", "offset": [1653, 1670]}, {"key": "right-to-conduct", "type": "clause", "offset": [1701, 1717]}, {"key": "consent-of-the-company", "type": "clause", "offset": [1817, 1839]}, {"key": "selection-of-counsel", "type": "clause", "offset": [1860, 1880]}, {"key": "agree-to", "type": "clause", "offset": [1952, 1960]}, {"key": "prior-written-consent", "type": "clause", "offset": [2002, 2023]}, {"key": "participate-in", "type": "definition", "offset": [2106, 2120]}, {"key": "own-counsel", "type": "clause", "offset": [2142, 2153]}, {"key": "acceptance-fee", "type": "clause", "offset": [2186, 2200]}, {"key": "annual-fee", "type": "definition", "offset": [2205, 2215]}, {"key": "transaction-processing-fee", "type": "definition", "offset": [2222, 2248]}, {"key": "schedule-a", "type": "clause", "offset": [2292, 2302]}, {"key": "modification-by-the-parties", "type": "clause", "offset": [2342, 2369]}, {"key": "from-time-to-time", "type": "clause", "offset": [2370, 2387]}, {"key": "to-pay", "type": "clause", "offset": [2452, 2458]}, {"key": "to-the-company", "type": "clause", "offset": [2503, 2517]}, {"key": "pursuant-to-section", "type": "definition", "offset": [2518, 2537]}, {"key": "business-combination", "type": "definition", "offset": [2591, 2611]}, {"key": "first-year", "type": "clause", "offset": [2695, 2705]}, {"key": "consummation-of-the-ipo", "type": "definition", "offset": [2719, 2742]}, {"key": "the-effective-date", "type": "clause", "offset": [2780, 2798]}, {"key": "annual-administration-fee", "type": "clause", "offset": [2841, 2866]}, {"key": "pro-rata-basis", "type": "definition", "offset": [2873, 2887]}, {"key": "liquidation-of-the-trust-account", "type": "clause", "offset": [2926, 2958]}, {"key": "responsible-for", "type": "clause", "offset": [2985, 3000]}, {"key": "charges-of-the-trustee", "type": "clause", "offset": [3019, 3041]}, {"key": "provide-to", "type": "clause", "offset": [3238, 3248]}, {"key": "certificate-of", "type": "definition", "offset": [3277, 3291]}, {"key": "regularly-engaged-in-the-business", "type": "definition", "offset": [3299, 3332]}, {"key": "shareholder-votes", "type": "definition", "offset": [3373, 3390]}, {"key": "disbursing-agent", "type": "definition", "offset": [3561, 3577]}, {"key": "to-exhibit-b", "type": "clause", "offset": [3587, 3599]}, {"key": "the-company-will", "type": "clause", "offset": [3601, 3617]}, {"key": "disbursement-instructions", "type": "definition", "offset": [3639, 3664]}, {"key": "days-after", "type": "definition", "offset": [3738, 3748]}, {"key": "the-underwriter", "type": "clause", "offset": [3749, 3764]}, {"key": "unexercised-portion", "type": "definition", "offset": [3821, 3840]}, {"key": "notice-in-writing", "type": "definition", "offset": [3917, 3934]}, {"key": "with-a-copy-to", "type": "definition", "offset": [3936, 3950]}, {"key": "total-amount", "type": "definition", "offset": [3975, 3987]}, {"key": "deferred-discount", "type": "clause", "offset": [3995, 4012]}, {"key": "in-the-event-the", "type": "clause", "offset": [4018, 4034]}, {"key": "to-receive", "type": "definition", "offset": [4055, 4065]}, {"key": "tax-refund", "type": "definition", "offset": [4068, 4078]}, {"key": "tax-obligation", "type": "definition", "offset": [4093, 4107]}, {"key": "provide-the", "type": "clause", "offset": [4186, 4197]}, {"key": "with-notice", "type": "clause", "offset": [4206, 4217]}], "size": 174, "samples": [{"hash": "6L7khLdbVWt", "uri": "/contracts/6L7khLdbVWt#agreements-and-covenants-of-the-company", "label": "Investment Management Trust Agreement (Health Sciences Acquisitions Corp 2)", "score": 29.5982208252, "published": true}, {"hash": "iaNtP4l2oUf", "uri": "/contracts/iaNtP4l2oUf#agreements-and-covenants-of-the-company", "label": "Investment Management Trust Agreement (Health Sciences Acquisitions Corp 2)", "score": 29.5598907471, "published": true}, {"hash": "1uK1cKg5V0p", "uri": "/contracts/1uK1cKg5V0p#agreements-and-covenants-of-the-company", "label": "Investment Management Trust Agreement (Health Sciences Acquisitions Corp)", "score": 28.3661880493, "published": true}], "hash": "46d3871e11a35d53cbe11afe7a32d21d", "id": 10}, {"snippet": "The Company hereby agrees and covenants to:\n(a) Give all instructions to the Trustee hereunder in writing, signed by the Company\u2019s Chairman of the Board, Chief Executive Officer, Chief Financial Officer, President, Executive Vice President, Vice President or Secretary. In addition, except with respect to its duties under Sections 1(i), 1(j) and 1(k) hereof, the Trustee shall be entitled to rely on, and shall be protected in relying on, any verbal or telephonic advice or instruction which it, in good faith and with reasonable care, believes to be given by any one of the persons authorized above to give written instructions, provided that the Company shall promptly confirm such instructions in writing;\n(b) Subject to Section 4 hereof, hold the Trustee harmless and indemnify the Trustee from and against any and all expenses, including reasonable counsel fees and disbursements, or losses suffered by the Trustee in connection with any action taken by it hereunder and in connection with any action, suit or other proceeding brought against the Trustee involving any claim, or in connection with any claim or demand, which in any way arises out of or relates to this Agreement, the services of the Trustee hereunder, or the Property or any interest earned on the Property, except for expenses and losses resulting from the Trustee\u2019s gross negligence, fraud or willful misconduct. Promptly after the receipt by the Trustee of notice of demand or claim or the commencement of any action, suit or proceeding, pursuant to which the Trustee intends to seek indemnification under this Section 2(b), it shall notify the Company in writing of such claim (hereinafter referred to as the \u201cIndemnified Claim\u201d). The Trustee shall have the right to conduct and manage the defense against such Indemnified Claim; provided that the Trustee shall obtain the consent of the Company with respect to the selection of counsel, which consent shall not be unreasonably withheld. The Trustee may not agree to settle any Indemnified Claim without the prior written consent of the Company, which such consent shall not be unreasonably withheld. The Company may participate in such action with its own counsel;\n(c) Pay the Trustee the fees set forth on Schedule A hereto, including an initial acceptance fee, annual administration fee, and transaction processing fee which fees shall be subject to modification by the parties from time to time. It is expressly understood that the Property shall not be used to pay such fees unless and until it is distributed to the Company pursuant to Sections 1(i) through 1(j) hereof. The Company shall pay the Trustee the initial acceptance fee and the first annual administration fee at the consummation of the Offering. The Company shall not be responsible for any other fees or charges of the Trustee except as set forth in this Section 2(c), Schedule A and as may be provided in Section 2(b) hereof;\n(d) In connection with any vote of the Company\u2019s shareholders regarding a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination involving the Company and one or more businesses (the \u201cBusiness Combination\u201d), provide to the Trustee an affidavit or certificate of the inspector of elections for the shareholder meeting verifying the vote of such shareholders regarding such Business Combination;\n(e) Provide the Representative with a copy of any Termination Letter(s) and/or any other correspondence that is sent to the Trustee with respect to any proposed withdrawal from the Trust Account promptly after it issues the same;\n(f) Unless otherwise agreed between the Company and the Representative, ensure that any Instruction Letter (as defined in Exhibit A) delivered in connection with a Termination Letter in the form of Exhibit A expressly provides that the Deferred Discount is paid directly to the account or accounts directed by the Representative on behalf of the Underwriters prior to any transfer of the funds held in the Trust Account to the Company or any other person;\n(g) Instruct the Trustee to make only those distributions that are permitted under this Agreement, and refrain from instructing the Trustee to make any distributions that are not permitted under this Agreement; and\n(h) Within four (4) business days after the Underwriters exercise the over-allotment option (or any unexercised portion thereof) or such over-allotment option expires, provide the Trustee with a notice in writing of the total amount of the Deferred Discount.", "snippet_links": [{"key": "the-company-hereby", "type": "clause", "offset": [0, 18]}, {"key": "and-covenants", "type": "clause", "offset": [26, 39]}, {"key": "trustee-hereunder", "type": "clause", "offset": [77, 94]}, {"key": "by-the-company", "type": "clause", "offset": [114, 128]}, {"key": "chairman-of-the-board", "type": "clause", "offset": [131, 152]}, {"key": "chief-executive-officer", "type": "clause", "offset": [154, 177]}, {"key": "chief-financial-officer", "type": "clause", "offset": [179, 202]}, {"key": "executive-vice-president", "type": "definition", "offset": [215, 239]}, {"key": "president-or-secretary", "type": "clause", "offset": [246, 268]}, {"key": "in-addition", "type": "clause", "offset": [270, 281]}, {"key": "with-respect-to", "type": "clause", "offset": [290, 305]}, {"key": "trustee-shall", "type": "definition", "offset": [364, 377]}, {"key": "entitled-to-rely", "type": "clause", "offset": [381, 397]}, {"key": "be-protected", "type": "clause", "offset": [412, 424]}, {"key": "in-good-faith", "type": "definition", "offset": [497, 510]}, {"key": "reasonable-care", "type": "clause", "offset": [520, 535]}, {"key": "the-persons", "type": "clause", "offset": [572, 583]}, {"key": "written-instructions", "type": "clause", "offset": [609, 629]}, {"key": "provided-that", "type": "clause", "offset": [631, 644]}, {"key": "the-company-shall", "type": "clause", "offset": [645, 662]}, {"key": "instructions-in-writing", "type": "clause", "offset": [685, 708]}, {"key": "subject-to-section-4", "type": "clause", "offset": [714, 734]}, {"key": "counsel-fees-and-disbursements", "type": "clause", "offset": [855, 885]}, {"key": "by-the-trustee", "type": "clause", "offset": [906, 920]}, {"key": "in-connection-with", "type": "clause", "offset": [921, 939]}, {"key": "action-taken", "type": "definition", "offset": [944, 956]}, {"key": "other-proceeding", "type": "clause", "offset": [1016, 1032]}, {"key": "claim-or-demand", "type": "definition", "offset": [1108, 1123]}, {"key": "to-this-agreement", "type": "clause", "offset": [1167, 1184]}, {"key": "the-services", "type": "definition", "offset": [1186, 1198]}, {"key": "the-property", "type": "clause", "offset": [1228, 1240]}, {"key": "interest-earned", "type": "definition", "offset": [1248, 1263]}, {"key": "expenses-and", "type": "clause", "offset": [1292, 1304]}, {"key": "resulting-from-the", "type": "clause", "offset": [1312, 1330]}, {"key": "gross-negligence", "type": "clause", "offset": [1341, 1357]}, {"key": "fraud-or-willful-misconduct", "type": "clause", "offset": [1359, 1386]}, {"key": "receipt-by-the", "type": "clause", "offset": [1407, 1421]}, {"key": "notice-of-demand", "type": "definition", "offset": [1433, 1449]}, {"key": "commencement-of", "type": "clause", "offset": [1466, 1481]}, {"key": "suit-or-proceeding", "type": "clause", "offset": [1494, 1512]}, {"key": "notify-the", "type": "clause", "offset": [1610, 1620]}, {"key": "company-in", "type": "clause", "offset": [1621, 1631]}, {"key": "indemnified-claim", "type": "definition", "offset": [1687, 1704]}, {"key": "right-to-conduct", "type": "clause", "offset": [1735, 1751]}, {"key": "consent-of-the-company", "type": "clause", "offset": [1850, 1872]}, {"key": "selection-of-counsel", "type": "clause", "offset": [1893, 1913]}, {"key": "agree-to", "type": "clause", "offset": [1985, 1993]}, {"key": "prior-written-consent", "type": "clause", "offset": [2035, 2056]}, {"key": "participate-in", "type": "definition", "offset": [2144, 2158]}, {"key": "own-counsel", "type": "clause", "offset": [2180, 2191]}, {"key": "the-fees", "type": "clause", "offset": [2213, 2221]}, {"key": "schedule-a", "type": "clause", "offset": [2235, 2245]}, {"key": "acceptance-fee", "type": "clause", "offset": [2275, 2289]}, {"key": "annual-administration-fee", "type": "clause", "offset": [2291, 2316]}, {"key": "transaction-processing-fee", "type": "definition", "offset": [2322, 2348]}, {"key": "modification-by-the-parties", "type": "clause", "offset": [2380, 2407]}, {"key": "from-time-to-time", "type": "clause", "offset": [2408, 2425]}, {"key": "to-pay", "type": "clause", "offset": [2490, 2496]}, {"key": "to-the-company", "type": "clause", "offset": [2542, 2556]}, {"key": "pursuant-to-sections", "type": "clause", "offset": [2557, 2577]}, {"key": "consummation-of-the-offering", "type": "clause", "offset": [2712, 2740]}, {"key": "responsible-for", "type": "clause", "offset": [2767, 2782]}, {"key": "charges-of-the-trustee", "type": "clause", "offset": [2801, 2823]}, {"key": "share-exchange", "type": "definition", "offset": [3006, 3020]}, {"key": "asset-acquisition", "type": "definition", "offset": [3022, 3039]}, {"key": "share-purchase", "type": "clause", "offset": [3041, 3055]}, {"key": "business-combination", "type": "definition", "offset": [3083, 3103]}, {"key": "provide-to", "type": "clause", "offset": [3183, 3193]}, {"key": "certificate-of", "type": "definition", "offset": [3222, 3236]}, {"key": "inspector-of-elections", "type": "clause", "offset": [3241, 3263]}, {"key": "shareholder-meeting", "type": "clause", "offset": [3272, 3291]}, {"key": "the-representative", "type": "clause", "offset": [3381, 3399]}, {"key": "a-copy-of", "type": "clause", "offset": [3405, 3414]}, {"key": "termination-letter", "type": "definition", "offset": [3419, 3437]}, {"key": "other-correspondence", "type": "clause", "offset": [3452, 3472]}, {"key": "the-trust-account", "type": "clause", "offset": [3546, 3563]}, {"key": "unless-otherwise-agreed", "type": "clause", "offset": [3603, 3626]}, {"key": "the-company-and-the", "type": "clause", "offset": [3635, 3654]}, {"key": "instruction-letter", "type": "clause", "offset": [3687, 3705]}, {"key": "exhibit-a", "type": "definition", "offset": [3721, 3730]}, {"key": "a-termination", "type": "definition", "offset": [3761, 3774]}, {"key": "form-of", "type": "definition", "offset": [3789, 3796]}, {"key": "deferred-discount", "type": "clause", "offset": [3835, 3852]}, {"key": "account-or-accounts", "type": "clause", "offset": [3877, 3896]}, {"key": "on-behalf-of", "type": "definition", "offset": [3928, 3940]}, {"key": "the-underwriters", "type": "definition", "offset": [3941, 3957]}, {"key": "prior-to", "type": "clause", "offset": [3958, 3966]}, {"key": "the-funds", "type": "clause", "offset": [3983, 3992]}, {"key": "any-other-person", "type": "definition", "offset": [4037, 4053]}, {"key": "not-permitted", "type": "clause", "offset": [4230, 4243]}, {"key": "days-after", "type": "definition", "offset": [4299, 4309]}, {"key": "unexercised-portion", "type": "definition", "offset": [4370, 4389]}, {"key": "notice-in-writing", "type": "definition", "offset": [4465, 4482]}, {"key": "total-amount", "type": "definition", "offset": [4490, 4502]}], "size": 1047, "samples": [{"hash": "4tXduCnvRT0", "uri": "/contracts/4tXduCnvRT0#agreements-and-covenants-of-the-company", "label": "Investment Management Trust Agreement (Ascendant Mobility Acquisition Corp I)", "score": 30.9589328766, "published": true}, {"hash": "5yQZWVARuok", "uri": "/contracts/5yQZWVARuok#agreements-and-covenants-of-the-company", "label": "Investment Management Trust Agreement (Vahanna Tech Edge Acquisition I Corp.)", "score": 30.9096508026, "published": true}, {"hash": "iAoJtjvYETg", "uri": "/contracts/iAoJtjvYETg#agreements-and-covenants-of-the-company", "label": "Investment Management Trust Agreement (Vahanna Tech Edge Acquisition I Corp.)", "score": 30.8631076813, "published": true}], "hash": "84b10eb63215df6238e92687728f8aee", "id": 1}, {"snippet": "The Company hereby agrees and covenants to:\n(a) Give all instructions to the Trustee hereunder in writing, signed by the Company\u2019s Chairman of the Board, President, Chief Executive Officer, Chief Financial Officer, Chief Operating Officer, General Counsel, Secretary or other authorized officer of the Company. In addition, except with respect to its duties under Sections 1(i), 1(j) and 1(k) hereof, the Trustee shall be entitled to rely on, and shall be protected in relying on, any verbal or telephonic advice or instruction which it, in good faith and with reasonable care, believes to be given by any one of the persons authorized above to give written instructions, provided that the Company shall promptly confirm such instructions in writing;\n(b) Subject to Section 4 hereof, hold the Trustee harmless and indemnify the Trustee from and against any and all reasonable and documented expenses, including reasonable outside counsel fees and disbursements, or losses suffered by the Trustee in connection with any action taken by it hereunder and in connection with any action, suit or other proceeding brought against the Trustee involving any claim, or in connection with any claim or demand, which in any way arises out of or relates to this Agreement, the services of the Trustee hereunder, or the Property or any interest earned on the Property, except for expenses and losses resulting from the Trustee\u2019s gross negligence, fraud or willful misconduct. Promptly after the receipt by the Trustee of notice of demand or claim or the commencement of any action, suit or proceeding, pursuant to which the Trustee intends to seek indemnification under this Section 2(b), it shall notify the Company in writing of such claim (hereinafter referred to as the \u201cIndemnified Claim\u201d). The Trustee shall have the right to conduct and manage the defense against such Indemnified Claim; provided that the Trustee shall obtain the consent of the Company with respect to the selection of counsel, which consent shall not be unreasonably withheld. The Trustee may not agree to settle any Indemnified Claim without the prior written consent of the Company, which such consent shall not be unreasonably withheld. The Company may participate in such action with its own counsel;\n(c) Pay the Trustee the fees set forth on Schedule A hereto, including an initial acceptance fee, annual administration fee, and transaction processing fee which fees shall be subject to modification by the parties from time to time. It is expressly understood that the Property shall not be used to pay such fees unless and until it is distributed to the Company pursuant to Sections 1(i) through 1(j) hereof. The Company shall pay the Trustee the initial acceptance fee and the first annual administration fee at the consummation of the Offering. The Company shall not be responsible for any other fees or charges of the Trustee except as set forth in this Section 2(c) and as may be provided in Section 2(b) hereof;\n(d) In connection with any vote of the Company\u2019s shareholders regarding a Business Combination, provide to the Trustee an affidavit or certificate of the inspector of elections for the shareholder meeting verifying the vote of such shareholders regarding such Business Combination;\n(e) Provide \u2587\u2587\u2587\u2587\u2587\u2587 \u2587\u2587\u2587\u2587\u2587\u2587\u2587 & Co. LLC with a copy of any Termination Letter(s) and/or any other correspondence that is sent to the Trustee with respect to any proposed withdrawal from the Trust Account promptly after it issues the same;\n(f) Expressly provide in any Instruction Letter (as defined in Exhibit A) delivered in connection with a Termination Letter in the Form of Exhibit A that the Deferred Discount be paid directly to the account or accounts directed by \u2587\u2587\u2587\u2587\u2587\u2587 \u2587\u2587\u2587\u2587\u2587\u2587\u2587 & Co. LLC; and\n(g) Instruct the Trustee to make only those distributions that are permitted under this Agreement, and refrain from instructing the Trustee to make any distributions that are not permitted under this Agreement.", "snippet_links": [{"key": "the-company-hereby", "type": "clause", "offset": [0, 18]}, {"key": "and-covenants", "type": "clause", "offset": [26, 39]}, {"key": "trustee-hereunder", "type": "clause", "offset": [77, 94]}, {"key": "by-the-company", "type": "clause", "offset": [114, 128]}, {"key": "chairman-of-the-board", "type": "clause", "offset": [131, 152]}, {"key": "chief-executive-officer", "type": "clause", "offset": [165, 188]}, {"key": "chief-financial-officer", "type": "clause", "offset": [190, 213]}, {"key": "chief-operating-officer", "type": "clause", "offset": [215, 238]}, {"key": "general-counsel", "type": "definition", "offset": [240, 255]}, {"key": "officer-of-the-company", "type": "clause", "offset": [287, 309]}, {"key": "in-addition", "type": "clause", 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[930, 960]}, {"key": "by-the-trustee", "type": "clause", "offset": [981, 995]}, {"key": "in-connection-with", "type": "clause", "offset": [996, 1014]}, {"key": "action-taken", "type": "definition", "offset": [1019, 1031]}, {"key": "other-proceeding", "type": "clause", "offset": [1091, 1107]}, {"key": "claim-or-demand", "type": "definition", "offset": [1183, 1198]}, {"key": "to-this-agreement", "type": "clause", "offset": [1242, 1259]}, {"key": "the-services", "type": "definition", "offset": [1261, 1273]}, {"key": "the-property", "type": "clause", "offset": [1303, 1315]}, {"key": "interest-earned", "type": "definition", "offset": [1323, 1338]}, {"key": "expenses-and", "type": "clause", "offset": [1367, 1379]}, {"key": "resulting-from-the", "type": "clause", "offset": [1387, 1405]}, {"key": "gross-negligence", "type": "clause", "offset": [1416, 1432]}, {"key": "fraud-or-willful-misconduct", "type": "clause", "offset": [1434, 1461]}, {"key": "receipt-by-the", "type": "clause", "offset": [1482, 1496]}, {"key": "notice-of-demand", "type": "definition", "offset": [1508, 1524]}, {"key": "commencement-of", "type": "clause", "offset": [1541, 1556]}, {"key": "suit-or-proceeding", "type": "clause", "offset": [1569, 1587]}, {"key": "notify-the", "type": "clause", "offset": [1685, 1695]}, {"key": "company-in", "type": "clause", "offset": [1696, 1706]}, {"key": "indemnified-claim", "type": "definition", "offset": [1762, 1779]}, {"key": "right-to-conduct", "type": "clause", "offset": [1810, 1826]}, {"key": "consent-of-the-company", "type": "clause", "offset": [1925, 1947]}, {"key": "selection-of-counsel", "type": "clause", "offset": [1968, 1988]}, {"key": "agree-to", "type": "clause", "offset": [2060, 2068]}, {"key": "prior-written-consent", "type": "clause", "offset": [2110, 2131]}, {"key": "participate-in", "type": "definition", "offset": [2219, 2233]}, {"key": "own-counsel", "type": "clause", "offset": [2255, 2266]}, {"key": "the-fees", "type": "clause", "offset": [2288, 2296]}, {"key": "schedule-a", "type": "clause", "offset": [2310, 2320]}, {"key": "acceptance-fee", "type": "clause", "offset": [2350, 2364]}, {"key": "annual-administration-fee", "type": "clause", "offset": [2366, 2391]}, {"key": "transaction-processing-fee", "type": "definition", "offset": [2397, 2423]}, {"key": "modification-by-the-parties", "type": "clause", "offset": [2455, 2482]}, {"key": "from-time-to-time", "type": "clause", "offset": [2483, 2500]}, {"key": "to-pay", "type": "clause", "offset": [2565, 2571]}, {"key": "to-the-company", "type": "clause", "offset": [2617, 2631]}, {"key": "pursuant-to-sections", "type": "clause", "offset": [2632, 2652]}, {"key": "consummation-of-the-offering", "type": "clause", "offset": [2787, 2815]}, {"key": "responsible-for", "type": "clause", "offset": [2842, 2857]}, {"key": "charges-of-the-trustee", "type": "clause", "offset": [2876, 2898]}, {"key": "business-combination", "type": "definition", "offset": [3061, 3081]}, {"key": "provide-to", "type": "clause", "offset": [3083, 3093]}, {"key": "certificate-of", "type": "definition", "offset": [3122, 3136]}, {"key": "inspector-of-elections", "type": "clause", "offset": [3141, 3163]}, {"key": "shareholder-meeting", "type": "clause", "offset": [3172, 3191]}, {"key": "provide-\u2587", "type": "clause", "offset": [3273, 3282]}, {"key": "a-copy-of", "type": "clause", "offset": [3311, 3320]}, {"key": "termination-letter", "type": "definition", "offset": [3325, 3343]}, {"key": "other-correspondence", "type": "clause", "offset": [3358, 3378]}, {"key": "the-trust-account", "type": "clause", "offset": [3452, 3469]}, {"key": "instruction-letter", "type": "clause", "offset": [3534, 3552]}, {"key": "exhibit-a", "type": "definition", "offset": [3568, 3577]}, {"key": "a-termination", "type": "definition", "offset": [3608, 3621]}, {"key": "form-of", "type": "definition", "offset": [3636, 3643]}, {"key": "deferred-discount", "type": "clause", "offset": [3663, 3680]}, {"key": "account-or-accounts", "type": "clause", "offset": [3705, 3724]}, {"key": "not-permitted", "type": "clause", "offset": [3942, 3955]}], "size": 396, "samples": [{"hash": "kKIhLOwXY7e", "uri": "/contracts/kKIhLOwXY7e#agreements-and-covenants-of-the-company", "label": "Investment Management Trust Agreement (Reinvent Technology Partners X)", "score": 30.340177536, "published": true}, {"hash": "c95rPfP0YZn", "uri": "/contracts/c95rPfP0YZn#agreements-and-covenants-of-the-company", "label": "Investment Management Trust Agreement (Reinvent Technology Partners Y)", "score": 30.2087612152, "published": true}, {"hash": "6VXugqPeMVs", "uri": "/contracts/6VXugqPeMVs#agreements-and-covenants-of-the-company", "label": "Investment Management Trust Agreement (Reinvent Technology Partners Y)", "score": 30.1156749725, "published": true}], "hash": "f5e1f42797366d6b105d180092100fdf", "id": 5}, {"snippet": "The Company hereby agrees and covenants to:\n(a) Give all instructions to the Trustee hereunder in writing, signed by the Company\u2019s Chief Executive Officer, Chief Financial Officer or other authorized officer of the Company. In addition, except with respect to its duties under Sections 1(i), (j) or (k) hereof, the Trustee shall be entitled to rely on, and shall be protected in relying on, any verbal or telephonic advice or instruction which it, in good faith and with reasonable care, believes to be given by any one of the persons authorized above to give written instructions, provided that the Company shall promptly confirm such instructions in writing;\n(b) Subject to Section 4 hereof, hold the Trustee harmless and indemnify the Trustee from and against any and all expenses, including reasonable counsel fees and disbursements, or losses suffered by the Trustee in connection with any action taken by it hereunder and in connection with any action, suit or other proceeding brought against the Trustee involving any claim, or in connection with any claim or demand, which in any way arises out of or relates to this Agreement, the services of the Trustee hereunder, or the Property or any interest earned on the Property, except for expenses and losses resulting from the Trustee\u2019s gross negligence, fraud or willful misconduct. Promptly after the receipt by the Trustee of notice of demand or claim or the commencement of any action, suit or proceeding, pursuant to which the Trustee intends to seek indemnification under this Section 2(b), it shall notify the Company in writing of such claim (hereinafter referred to as the \u201cIndemnified Claim\u201d). The Trustee shall have the right to conduct and manage the defense against such Indemnified Claim; provided that the Trustee shall obtain the consent of the Company with respect to the selection of counsel, which consent shall not be unreasonably withheld. The Trustee may not agree to settle any Indemnified Claim without the prior written consent of the Company, which such consent shall not be unreasonably withheld. The Company may participate in such action with its own counsel;\n(c) Pay the Trustee the fees set forth on Schedule A hereto, including an initial acceptance fee, annual administration fee, and transaction processing fee which fees shall be subject to modification by the parties from time to time. It is expressly understood that the Property shall not be used to pay such fees unless and until it is distributed to the Company pursuant to Sections 1(i) through 1(k) hereof. The Company shall pay the Trustee the initial acceptance fee and the first annual administration fee at the consummation of the Offering. The Company shall not be responsible for any other fees or charges of the Trustee except as set forth in this Section 2(c) and as may be provided in Section 2(b) hereof;\n(d) In connection with any vote of the Company\u2019s shareholders regarding a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination involving the Company and one or more businesses (the \u201cBusiness Combination\u201d), provide to the Trustee an affidavit or certificate of the inspector of elections for the shareholder meeting verifying the vote of such shareholders regarding such Business Combination;\n(e) Provide the Underwriter with a copy of any Termination Letter(s) and/or any other correspondence that is sent to the Trustee with respect to any proposed withdrawal from the Trust Account promptly after it issues the same;\n(f) Unless otherwise agreed between the Company and the Underwriter, ensure that any Instruction Letter (as defined in Exhibit A) delivered in connection with a Termination Letter in the form of Exhibit A expressly provides that the Deferred Discount is paid directly to the account or accounts directed by the Underwriter prior to any transfer of the funds held in the Trust Account to the Company or any other person;\n(g) Instruct the Trustee to make only those distributions that are permitted under this Agreement, and refrain from instructing the Trustee to make any distributions that are not permitted under this Agreement;\n(h) If the Company seeks to amend any provisions of its amended and restated memorandum and articles of association (A) to modify the substance or timing of the Company\u2019s obligation to provide holders of the Ordinary Shares the right to have their shares redeemed in connection with the Company\u2019s initial Business Combination or to redeem 100% of the Ordinary Shares if the Company does not complete its initial Business Combination within the time period set forth therein or (B) with respect to any other provision relating to the rights of holders of the Ordinary Shares (in each case, an \u201cAmendment\u201d), the Company will provide the Trustee with a letter (an \u201cAmendment Notification Letter\u201d) in the form of Exhibit D providing instructions for the distribution of funds to Public Shareholders who exercise their redemption option in connection with such Amendment; and\n(i) Within five (5) business days after the Underwriter exercises its option to purchase additional units (or any unexercised portion thereof) or such option to purchase additional units expires, provide the Trustee with a notice in writing of the total amount of the Deferred Discount.", "snippet_links": [{"key": "the-company-hereby", "type": "clause", "offset": [0, 18]}, {"key": "and-covenants", "type": "clause", "offset": [26, 39]}, {"key": "trustee-hereunder", "type": "clause", "offset": [77, 94]}, {"key": "by-the-company", "type": "clause", "offset": [114, 128]}, {"key": "chief-executive-officer", "type": "clause", "offset": [131, 154]}, {"key": "chief-financial-officer", "type": "clause", "offset": [156, 179]}, {"key": "officer-of-the-company", "type": "clause", "offset": [200, 222]}, {"key": "in-addition", "type": "clause", "offset": [224, 235]}, {"key": "with-respect-to", "type": "clause", "offset": [244, 259]}, {"key": "trustee-shall", "type": "definition", "offset": [315, 328]}, {"key": "entitled-to-rely", "type": "clause", "offset": [332, 348]}, {"key": "be-protected", "type": "clause", "offset": [363, 375]}, {"key": "in-good-faith", "type": "definition", "offset": [448, 461]}, {"key": "reasonable-care", "type": "clause", "offset": [471, 486]}, {"key": "the-persons", "type": "clause", "offset": [523, 534]}, {"key": "written-instructions", "type": "clause", "offset": [560, 580]}, {"key": "provided-that", "type": "clause", "offset": [582, 595]}, {"key": "the-company-shall", "type": "clause", "offset": [596, 613]}, {"key": "instructions-in-writing", "type": "clause", "offset": [636, 659]}, {"key": "subject-to-section-4", "type": "clause", "offset": [665, 685]}, {"key": "counsel-fees-and-disbursements", "type": "clause", "offset": [806, 836]}, {"key": "by-the-trustee", "type": "clause", "offset": [857, 871]}, {"key": "in-connection-with", "type": "clause", "offset": [872, 890]}, {"key": "action-taken", "type": "definition", "offset": [895, 907]}, {"key": "other-proceeding", "type": "clause", "offset": [967, 983]}, {"key": "claim-or-demand", "type": "definition", "offset": [1059, 1074]}, {"key": "to-this-agreement", "type": "clause", "offset": [1118, 1135]}, {"key": "the-services", "type": "definition", "offset": [1137, 1149]}, {"key": "the-property", "type": "clause", "offset": [1179, 1191]}, {"key": "interest-earned", "type": "definition", "offset": [1199, 1214]}, {"key": "expenses-and", "type": "clause", "offset": [1243, 1255]}, {"key": "resulting-from-the", "type": "clause", "offset": [1263, 1281]}, {"key": "gross-negligence", "type": "clause", "offset": [1292, 1308]}, {"key": "fraud-or-willful-misconduct", "type": "clause", "offset": [1310, 1337]}, {"key": "receipt-by-the", "type": "clause", "offset": [1358, 1372]}, {"key": "notice-of-demand", "type": "definition", "offset": [1384, 1400]}, {"key": "commencement-of", "type": "clause", "offset": [1417, 1432]}, {"key": "suit-or-proceeding", "type": "clause", "offset": [1445, 1463]}, {"key": "notify-the", "type": "clause", "offset": [1561, 1571]}, {"key": "company-in", "type": "clause", "offset": [1572, 1582]}, {"key": "indemnified-claim", "type": "definition", "offset": [1638, 1655]}, {"key": "right-to-conduct", "type": "clause", "offset": [1686, 1702]}, {"key": "consent-of-the-company", "type": "clause", "offset": [1801, 1823]}, {"key": "selection-of-counsel", "type": "clause", "offset": [1844, 1864]}, {"key": "agree-to", "type": "clause", "offset": [1936, 1944]}, {"key": "prior-written-consent", "type": "clause", "offset": [1986, 2007]}, {"key": "participate-in", "type": "definition", "offset": [2095, 2109]}, {"key": "own-counsel", "type": "clause", "offset": [2131, 2142]}, {"key": "the-fees", "type": "clause", "offset": [2164, 2172]}, {"key": "schedule-a", "type": "clause", "offset": [2186, 2196]}, {"key": "acceptance-fee", "type": "clause", "offset": [2226, 2240]}, {"key": "annual-administration-fee", "type": "clause", "offset": [2242, 2267]}, {"key": "transaction-processing-fee", "type": "definition", "offset": [2273, 2299]}, {"key": "modification-by-the-parties", "type": "clause", "offset": [2331, 2358]}, {"key": "from-time-to-time", "type": "clause", "offset": [2359, 2376]}, {"key": "to-pay", "type": "clause", "offset": [2441, 2447]}, {"key": "to-the-company", "type": "clause", "offset": [2493, 2507]}, {"key": "pursuant-to-sections", "type": "clause", "offset": [2508, 2528]}, {"key": "consummation-of-the-offering", "type": "clause", "offset": [2663, 2691]}, {"key": "responsible-for", "type": "clause", "offset": [2718, 2733]}, {"key": "charges-of-the-trustee", "type": "clause", "offset": [2752, 2774]}, {"key": "share-exchange", "type": "definition", "offset": [2945, 2959]}, {"key": "asset-acquisition", "type": "definition", "offset": [2961, 2978]}, {"key": "share-purchase", "type": "clause", "offset": [2980, 2994]}, {"key": "similar-business", "type": "clause", "offset": [3014, 3030]}, {"key": "provide-to", "type": "clause", "offset": [3122, 3132]}, {"key": "certificate-of", "type": "definition", "offset": [3161, 3175]}, {"key": "inspector-of-elections", "type": "clause", "offset": [3180, 3202]}, {"key": "shareholder-meeting", "type": "clause", "offset": [3211, 3230]}, {"key": "the-underwriter", "type": "clause", "offset": [3320, 3335]}, {"key": "a-copy-of", "type": "clause", "offset": [3341, 3350]}, {"key": "termination-letter", "type": "definition", "offset": [3355, 3373]}, {"key": "other-correspondence", "type": "clause", "offset": [3388, 3408]}, {"key": "the-trust-account", "type": "clause", "offset": [3482, 3499]}, {"key": "unless-otherwise-agreed", "type": "clause", "offset": [3539, 3562]}, {"key": "the-company-and-the", "type": "clause", "offset": [3571, 3590]}, {"key": "instruction-letter", "type": "clause", "offset": [3620, 3638]}, {"key": "exhibit-a", "type": "definition", "offset": [3654, 3663]}, {"key": "a-termination", "type": "definition", "offset": [3694, 3707]}, {"key": "form-of", "type": "definition", "offset": [3722, 3729]}, {"key": "deferred-discount", "type": "clause", "offset": [3768, 3785]}, {"key": "account-or-accounts", "type": "clause", "offset": [3810, 3829]}, {"key": "prior-to", "type": "clause", "offset": [3858, 3866]}, {"key": "the-funds", "type": "clause", "offset": [3883, 3892]}, {"key": "any-other-person", "type": "definition", "offset": [3937, 3953]}, {"key": "not-permitted", "type": "clause", "offset": [4130, 4143]}, {"key": "to-amend", "type": "definition", "offset": [4191, 4199]}, {"key": "provisions-of", "type": "clause", "offset": [4204, 4217]}, {"key": "amended-and-restated-memorandum-and-articles-of-association", "type": "definition", "offset": [4222, 4281]}, {"key": "timing-of-the", "type": "clause", "offset": [4313, 4326]}, {"key": "obligation-to-provide", "type": "clause", "offset": [4337, 4358]}, {"key": "holders-of", "type": "clause", "offset": [4359, 4369]}, {"key": "the-ordinary-shares", "type": "clause", "offset": [4370, 4389]}, {"key": "right-to-have", "type": "clause", "offset": [4394, 4407]}, {"key": "initial-business-combination", "type": "clause", "offset": [4463, 4491]}, {"key": "time-period", "type": "clause", "offset": [4610, 4621]}, {"key": "other-provision", "type": "clause", "offset": [4667, 4682]}, {"key": "relating-to", "type": "definition", "offset": [4683, 4694]}, {"key": "rights-of-holders", "type": "clause", "offset": [4699, 4716]}, {"key": "each-case", "type": "definition", "offset": [4744, 4753]}, {"key": "the-company-will-provide", "type": "clause", "offset": [4772, 4796]}, {"key": "amendment-notification-letter", "type": "clause", "offset": [4828, 4857]}, {"key": "exhibit-d", "type": "definition", "offset": [4875, 4884]}, {"key": "providing-instructions", "type": "clause", "offset": [4885, 4907]}, {"key": "distribution-of-funds", "type": "clause", "offset": [4916, 4937]}, {"key": "public-shareholders", "type": "definition", "offset": [4941, 4960]}, {"key": "redemption-option", "type": "definition", "offset": [4980, 4997]}, {"key": "days-after", "type": "definition", "offset": [5066, 5076]}, {"key": "option-to-purchase-additional-units", "type": "definition", "offset": [5107, 5142]}, {"key": "unexercised-portion", "type": "definition", "offset": [5151, 5170]}, {"key": "notice-in-writing", "type": "definition", "offset": [5260, 5277]}, {"key": "total-amount", "type": "definition", "offset": [5285, 5297]}], "size": 714, "samples": [{"hash": "4NSl2hKUbG6", "uri": "/contracts/4NSl2hKUbG6#agreements-and-covenants-of-the-company", "label": "Investment Management Trust Agreement (Corazon Capital V838 Monoceros Corp)", "score": 30.2306632996, "published": true}, {"hash": "gIFbIezPlKv", "uri": "/contracts/gIFbIezPlKv#agreements-and-covenants-of-the-company", "label": "Investment Management Trust Agreement (Corazon Capital V838 Monoceros Corp)", "score": 30.1895961761, "published": true}, {"hash": "8ZdeuU3J0wF", "uri": "/contracts/8ZdeuU3J0wF#agreements-and-covenants-of-the-company", "label": "Investment Management Trust Agreement (Plum Acquisition Corp. I)", "score": 30.1540050507, "published": true}], "hash": "02247fd74cb2985ea04acaef36288b6a", "id": 2}, {"snippet": "The Company hereby agrees and covenants to:\n(a) Give all instructions to the Trustee hereunder in writing, signed by the Company's President or Chairman of the Board. In addition, except with respect to its duties under paragraph 1(i) above, the Trustee shall be entitled to rely on, and shall be protected in relying on, any verbal or telephonic advice or instruction which it in good faith believes to be given by any one of the persons authorized above to give written instructions, provided that the Company shall promptly confirm such instructions in writing;\n(b) Hold the Trustee harmless and indemnify the Trustee from and against, any and all expenses, including reasonable counsel fees and disbursements, or loss suffered by the Trustee in connection with any action, suit or other proceeding brought against the Trustee involving any claim, or in connection with any claim or demand which in any way arises out of or relates to this Agreement, the services of the Trustee hereunder, or the Property or any income earned from investment of the Property, except for expenses and losses resulting from the Trustee's gross negligence or willful misconduct. Promptly after the receipt by the Trustee of notice of demand or claim or the commencement of any action, suit or proceeding, pursuant to which the Trustee intends to seek indemnification under this paragraph, it shall notify the Company in writing of such claim (hereinafter referred to as the \"Indemnified Claim\"). The Trustee shall have the right to conduct and manage the defense against such Indemnified Claim, provided, that the Trustee shall obtain the consent of the Company with respect to the selection of counsel, which consent shall not be unreasonably withheld. The Company may participate in such action with its own counsel; and\n(c) Pay the Trustee an initial acceptance fee of $1,000 and an annual fee of $3,000 (it being expressly understood that the Property shall not be used to pay such fee). The Company shall pay the Trustee the initial acceptance fee and first year's fee at the consummation of the IPO and thereafter on the anniversary of the Effective Date. The Trustee shall refund to the Company the fee (on a pro rata basis) with respect to any period after the liquidation of the Trust Fund. The Company shall not be responsible for any other fees or charges of the Trustee except as may be provided in paragraph 2(b) hereof (it being expressly understood that the Property shall not be used to make any payments to the Trustee under such paragraph).", "snippet_links": [{"key": "the-company-hereby", "type": "clause", "offset": [0, 18]}, {"key": "and-covenants", "type": "clause", "offset": [26, 39]}, {"key": "trustee-hereunder", "type": "clause", "offset": [77, 94]}, {"key": "by-the-company", "type": "clause", "offset": [114, 128]}, {"key": "president-or-chairman-of-the-board", "type": "clause", "offset": [131, 165]}, {"key": "in-addition", "type": "clause", "offset": [167, 178]}, {"key": "with-respect-to", "type": "clause", "offset": [187, 202]}, {"key": "trustee-shall", "type": "definition", "offset": [246, 259]}, {"key": "entitled-to-rely", "type": "clause", "offset": [263, 279]}, {"key": "be-protected", "type": "clause", "offset": [294, 306]}, {"key": "in-good-faith", "type": "definition", "offset": [378, 391]}, {"key": "the-persons", "type": "clause", "offset": [427, 438]}, {"key": "written-instructions", "type": "clause", "offset": [464, 484]}, {"key": "provided-that", "type": "clause", "offset": [486, 499]}, {"key": "the-company-shall", "type": "clause", "offset": [500, 517]}, {"key": "instructions-in-writing", "type": "clause", "offset": [540, 563]}, {"key": "counsel-fees-and-disbursements", "type": "clause", "offset": [682, 712]}, {"key": "loss-suffered", "type": "clause", "offset": [717, 730]}, {"key": "by-the-trustee", "type": "clause", "offset": [731, 745]}, {"key": "in-connection-with", "type": "clause", "offset": [746, 764]}, {"key": "any-action", "type": "definition", "offset": [765, 775]}, {"key": "other-proceeding", "type": "clause", "offset": [785, 801]}, {"key": "claim-or-demand", "type": "definition", "offset": [877, 892]}, {"key": "to-this-agreement", "type": "clause", "offset": [935, 952]}, {"key": "the-services", "type": "definition", "offset": [954, 966]}, {"key": "investment-of-the-property", "type": "clause", "offset": [1035, 1061]}, {"key": "expenses-and", "type": "clause", "offset": [1074, 1086]}, {"key": "resulting-from-the", "type": "clause", "offset": [1094, 1112]}, {"key": "gross-negligence-or-willful-misconduct", "type": "clause", "offset": [1123, 1161]}, {"key": "receipt-by-the", "type": "clause", "offset": [1182, 1196]}, {"key": "notice-of-demand", "type": "definition", "offset": [1208, 1224]}, {"key": "commencement-of", "type": "clause", "offset": [1241, 1256]}, {"key": "suit-or-proceeding", "type": "clause", "offset": [1269, 1287]}, {"key": "pursuant-to", "type": "clause", "offset": [1289, 1300]}, {"key": "notify-the", "type": "clause", "offset": [1382, 1392]}, {"key": "company-in", "type": "clause", "offset": [1393, 1403]}, {"key": "indemnified-claim", "type": "definition", "offset": [1459, 1476]}, {"key": "right-to-conduct", "type": "clause", "offset": [1507, 1523]}, {"key": "consent-of-the-company", "type": "clause", "offset": [1623, 1645]}, {"key": "selection-of-counsel", "type": "clause", "offset": [1666, 1686]}, {"key": "participate-in", "type": "definition", "offset": [1754, 1768]}, {"key": "own-counsel", "type": "clause", "offset": [1790, 1801]}, {"key": "acceptance-fee", "type": "clause", "offset": [1838, 1852]}, {"key": "annual-fee", "type": "definition", "offset": [1870, 1880]}, {"key": "to-pay", "type": "clause", "offset": [1958, 1964]}, {"key": "first-year", "type": "clause", "offset": [2041, 2051]}, {"key": "consummation-of-the-ipo", "type": "definition", "offset": [2065, 2088]}, {"key": "the-effective-date", "type": "clause", "offset": [2126, 2144]}, {"key": "to-the-company", "type": "clause", "offset": [2171, 2185]}, {"key": "the-fee", "type": "clause", "offset": [2186, 2193]}, {"key": "pro-rata-basis", "type": "definition", "offset": [2200, 2214]}, {"key": "liquidation-of-the-trust-fund", "type": "clause", "offset": [2253, 2282]}, {"key": "responsible-for", "type": "clause", "offset": [2309, 2324]}, {"key": "charges-of-the-trustee", "type": "clause", "offset": [2343, 2365]}, {"key": "payments-to-the-trustee", "type": "clause", "offset": [2496, 2519]}], "size": 229, "samples": [{"hash": "ifzIGOVDWtY", "uri": "/contracts/ifzIGOVDWtY#agreements-and-covenants-of-the-company", "label": "Investment Management Trust Agreement (Millstream Acquisition Corp)", "score": 19.0, "published": true}, {"hash": "btyMcaNIm8f", "uri": "/contracts/btyMcaNIm8f#agreements-and-covenants-of-the-company", "label": "Investment Management Trust Agreement (Millstream Acquisition Corp)", "score": 19.0, "published": true}, {"hash": "8on0qc8bHJh", "uri": "/contracts/8on0qc8bHJh#agreements-and-covenants-of-the-company", "label": "Investment Management Trust Agreement (Cea Acquisition Corp)", "score": 19.0, "published": true}], "hash": "f61d6e762dcce56f04ad5b289b9f4529", "id": 7}, {"snippet": "The Company hereby agrees and covenants to:\n(a) Give all instructions to the Trustee hereunder in writing, signed by the Company\u2019s Chairperson of the Board, President, Chief Executive Officer, Chief Financial Officer, Secretary or other director or authorized officer of the Company. In addition, except with respect to its duties under Sections 1(i), 1(j) and 1(k) hereof, the Trustee shall be entitled to rely on, and shall be protected in relying on, any verbal or telephonic advice or instruction which it, in good faith and with reasonable care, believes to be given by any one of the persons authorized above to give written instructions, provided that the Company shall promptly confirm such instructions in writing;\n(b) Subject to Section 4 hereof, hold the Trustee harmless and indemnify the Trustee from and against any and all expenses, including reasonable counsel fees and disbursements, or losses suffered by the Trustee in connection with any action taken by it hereunder and in connection with any action, suit or other proceeding brought against the Trustee involving any claim, or in connection with any claim or demand, which in any way arises out of or relates to this Agreement, the services of the Trustee hereunder, or the Property or any interest earned on the Property, except for expenses and losses resulting from the Trustee\u2019s gross negligence, fraud or willful misconduct. Promptly after the receipt by the Trustee of notice of demand or claim or the commencement of any action, suit or proceeding, pursuant to which the Trustee intends to seek indemnification under this Section 2(b), it shall notify the Company in writing of such claim (hereinafter referred to as the \u201cIndemnified Claim\u201d). The Trustee shall have the right to conduct and manage the defense against such Indemnified Claim; provided that the Trustee shall obtain the consent of the Company with respect to the selection of counsel, which consent shall not be unreasonably withheld. The Trustee may not agree to settle any Indemnified Claim without the prior written consent of the Company, which such consent shall not be unreasonably withheld, conditioned, or delayed; provided, further that the Company may conduct and manage the defense against any Indemnified Claim if the Trustee does not promptly take reasonable steps to mount such a defense. The Company may participate in such action with its own counsel;\n(c) Pay the Trustee the fees set forth on Schedule A hereto, including an initial acceptance fee, annual administration fee and transaction processing fee which fees shall be subject to modification by the parties from time to time. It is expressly understood that the Property shall not be used to pay such fees unless and until it is distributed to the Company pursuant to Sections 1(i) through 1(k) hereof. The Company shall pay the Trustee the initial acceptance fee and the first annual administration fee at the consummation of the Offering. The Company shall not be responsible for any other fees or charges of the Trustee except as set forth in this Section 2(c), Schedule A and as may be provided in Section 2(b) hereof;\n(d) In connection with any vote of the Company\u2019s shareholders regarding a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination involving the Company and one or more businesses or entities (the \u201cBusiness Combination\u201d), provide to the Trustee an affidavit or certificate of the inspector of elections for the general meeting verifying the vote of such shareholders regarding such Business Combination;\n(e) Provide the Representative with a copy of any Termination Letter(s) and/or any other correspondence that is sent to the Trustee with respect to any proposed withdrawal from the Trust Account promptly after it issues the same;\n(f) Unless otherwise agreed between the Company and the Representative, ensure that any Instruction Letter (as defined in Exhibit A) delivered in connection with a Termination Letter in the form of Exhibit A expressly provides that the Deferred Discount is paid directly to the account or accounts directed by the Representative on behalf of the Underwriters prior to any transfer of funds held in the Trust Account to the Company or any other person;\n(g) Instruct the Trustee to make only those distributions that are permitted under this Agreement, and refrain from instructing the Trustee to make any distributions that are not permitted under this Agreement; and\n(h) Within four (4) business days after the Underwriters exercise the over-allotment option (or any unexercised portion thereof) or such over-allotment option expires, provide the Trustee with a notice in writing of the total amount of the Deferred Discount.", "snippet_links": [{"key": "the-company-hereby", "type": "clause", "offset": [0, 18]}, {"key": "and-covenants", "type": "clause", "offset": [26, 39]}, {"key": "trustee-hereunder", "type": "clause", "offset": [77, 94]}, {"key": "by-the-company", "type": "clause", "offset": [114, 128]}, {"key": "chairperson-of-the-board", "type": "definition", "offset": [131, 155]}, {"key": "chief-executive-officer", "type": "clause", "offset": [168, 191]}, {"key": "chief-financial-officer", "type": "clause", "offset": [193, 216]}, {"key": "other-director", "type": "definition", "offset": [231, 245]}, {"key": "officer-of-the-company", "type": "clause", "offset": [260, 282]}, {"key": "in-addition", "type": "clause", "offset": [284, 295]}, {"key": "with-respect-to", "type": "clause", "offset": [304, 319]}, {"key": "trustee-shall", "type": "definition", "offset": [378, 391]}, {"key": "entitled-to-rely", "type": "clause", "offset": [395, 411]}, {"key": "be-protected", "type": "clause", "offset": [426, 438]}, {"key": "in-good-faith", "type": "definition", "offset": [511, 524]}, {"key": "reasonable-care", "type": "clause", "offset": [534, 549]}, {"key": "the-persons", "type": "clause", "offset": [586, 597]}, {"key": "written-instructions", "type": "clause", "offset": [623, 643]}, {"key": "provided-that", "type": "clause", "offset": [645, 658]}, {"key": "the-company-shall", "type": "clause", "offset": [659, 676]}, {"key": "instructions-in-writing", "type": "clause", "offset": [699, 722]}, {"key": "subject-to-section-4", "type": "clause", "offset": [728, 748]}, {"key": "counsel-fees-and-disbursements", "type": "clause", "offset": [869, 899]}, {"key": "by-the-trustee", "type": "clause", "offset": [920, 934]}, {"key": "in-connection-with", "type": "clause", "offset": [935, 953]}, {"key": "action-taken", "type": "definition", "offset": [958, 970]}, {"key": "other-proceeding", "type": "clause", "offset": [1030, 1046]}, {"key": "claim-or-demand", "type": "definition", "offset": [1122, 1137]}, {"key": "to-this-agreement", "type": "clause", "offset": [1181, 1198]}, {"key": "the-services", "type": "definition", "offset": [1200, 1212]}, {"key": "the-property", "type": "clause", "offset": [1242, 1254]}, {"key": "interest-earned", "type": "definition", "offset": [1262, 1277]}, {"key": "expenses-and", "type": "clause", "offset": [1306, 1318]}, {"key": "resulting-from-the", "type": "clause", "offset": [1326, 1344]}, {"key": "gross-negligence", "type": "clause", "offset": [1355, 1371]}, {"key": "fraud-or-willful-misconduct", "type": "clause", "offset": [1373, 1400]}, {"key": "receipt-by-the", "type": "clause", "offset": [1421, 1435]}, {"key": "notice-of-demand", "type": "definition", "offset": [1447, 1463]}, {"key": "commencement-of", "type": "clause", "offset": [1480, 1495]}, {"key": "suit-or-proceeding", "type": "clause", "offset": [1508, 1526]}, {"key": "notify-the", "type": "clause", "offset": [1624, 1634]}, {"key": "company-in", "type": "clause", "offset": [1635, 1645]}, {"key": "indemnified-claim", "type": "definition", "offset": [1701, 1718]}, {"key": "right-to-conduct", "type": "clause", "offset": [1749, 1765]}, {"key": "consent-of-the-company", "type": "clause", "offset": [1864, 1886]}, {"key": "selection-of-counsel", "type": "clause", "offset": [1907, 1927]}, {"key": "agree-to", "type": "clause", "offset": [1999, 2007]}, {"key": "prior-written-consent", "type": "clause", "offset": [2049, 2070]}, {"key": "reasonable-steps", "type": "clause", "offset": [2305, 2321]}, {"key": "participate-in", "type": "definition", "offset": [2363, 2377]}, {"key": "own-counsel", "type": "clause", "offset": [2399, 2410]}, {"key": "the-fees", "type": "clause", "offset": [2432, 2440]}, {"key": "schedule-a", "type": "clause", "offset": [2454, 2464]}, {"key": "acceptance-fee", "type": "clause", "offset": [2494, 2508]}, {"key": "annual-administration-fee", "type": "clause", "offset": [2510, 2535]}, {"key": "transaction-processing-fee", "type": "definition", "offset": [2540, 2566]}, {"key": "modification-by-the-parties", "type": "clause", "offset": [2598, 2625]}, {"key": "from-time-to-time", "type": "clause", "offset": [2626, 2643]}, {"key": "to-pay", "type": "clause", "offset": [2708, 2714]}, {"key": "to-the-company", "type": "clause", "offset": [2760, 2774]}, {"key": "pursuant-to-sections", "type": "clause", "offset": [2775, 2795]}, {"key": "consummation-of-the-offering", "type": "clause", "offset": [2930, 2958]}, {"key": "responsible-for", "type": "clause", "offset": [2985, 3000]}, {"key": "charges-of-the-trustee", "type": "clause", "offset": [3019, 3041]}, {"key": "share-exchange", "type": "definition", "offset": [3238, 3252]}, {"key": "asset-acquisition", "type": "definition", "offset": [3254, 3271]}, {"key": "share-purchase", "type": "clause", "offset": [3273, 3287]}, {"key": "business-combination", "type": "definition", "offset": [3315, 3335]}, {"key": "provide-to", "type": "clause", "offset": [3427, 3437]}, {"key": "certificate-of", "type": "definition", "offset": [3466, 3480]}, {"key": "inspector-of-elections", "type": "clause", "offset": [3485, 3507]}, {"key": "the-general-meeting", "type": "clause", "offset": [3512, 3531]}, {"key": "the-representative", "type": "clause", "offset": [3621, 3639]}, {"key": "a-copy-of", "type": "clause", "offset": [3645, 3654]}, {"key": "termination-letter", "type": "definition", "offset": [3659, 3677]}, {"key": "other-correspondence", "type": "clause", "offset": [3692, 3712]}, {"key": "the-trust-account", "type": "clause", "offset": [3786, 3803]}, {"key": "unless-otherwise-agreed", "type": "clause", "offset": [3843, 3866]}, {"key": "the-company-and-the", "type": "clause", "offset": [3875, 3894]}, {"key": "instruction-letter", "type": "clause", "offset": [3927, 3945]}, {"key": "exhibit-a", "type": "definition", "offset": [3961, 3970]}, {"key": "a-termination", "type": "definition", "offset": [4001, 4014]}, {"key": "form-of", "type": "definition", "offset": [4029, 4036]}, {"key": "deferred-discount", "type": "clause", "offset": [4075, 4092]}, {"key": "account-or-accounts", "type": "clause", "offset": [4117, 4136]}, {"key": "on-behalf-of", "type": "definition", "offset": [4168, 4180]}, {"key": "the-underwriters", "type": "definition", "offset": [4181, 4197]}, {"key": "prior-to", "type": "clause", "offset": [4198, 4206]}, {"key": "transfer-of-funds", "type": "clause", "offset": [4211, 4228]}, {"key": "any-other-person", "type": "definition", "offset": [4273, 4289]}, {"key": "not-permitted", "type": "clause", "offset": [4466, 4479]}, {"key": "days-after", "type": "definition", "offset": [4535, 4545]}, {"key": "unexercised-portion", "type": "definition", "offset": [4606, 4625]}, {"key": "notice-in-writing", "type": "definition", "offset": [4701, 4718]}, {"key": "total-amount", "type": "definition", "offset": [4726, 4738]}], "size": 491, "samples": [{"hash": "l5HO32FRVQ6", "uri": "/contracts/l5HO32FRVQ6#agreements-and-covenants-of-the-company", "label": "Investment Management Trust Agreement (Catalyst Acquisition Corp.)", "score": 35.5722122192, "published": true}, {"hash": "33aQCMUOjxF", "uri": "/contracts/33aQCMUOjxF#agreements-and-covenants-of-the-company", "label": "Investment Management Trust Agreement (Catalyst Acquisition Corp.)", "score": 35.5147171021, "published": true}, {"hash": "iVyx7ujeFlT", "uri": "/contracts/iVyx7ujeFlT#agreements-and-covenants-of-the-company", "label": "Investment Management Trust Agreement (SUMA Acquisition Corp)", "score": 35.1943855286, "published": true}], "hash": "a8e1da20bd581e2e01aecfd8897e701d", "id": 3}, {"snippet": "The Company hereby agrees to:\n(a) Give all instructions to the Trustee hereunder in writing, signed by the Company\u2019s Chief Executive Officer or Chairman of the Board. In addition, except with respect to its duties under Sections \u200e1(i), \u200e1(j) and \u200e1(k) hereof, the Trustee shall be entitled to rely on, and shall be protected in relying on, any verbal or telephonic advice or instruction which it, in good faith and with reasonable care, believes to be given by any one of the persons authorized above to give written instructions, provided that the Company shall promptly confirm such instructions in writing;\n(b) Subject to Section \u200e4 and 6(g) hereof, hold the Trustee harmless and indemnify the Trustee from and against any and all out-of-pocket expenses, including reasonable counsel fees and disbursements, or losses suffered by the Trustee in connection with any action taken by it hereunder and in connection with any action, suit or other proceeding brought against the Trustee involving any claim, or in connection with any claim or demand, which in any way arises out of or relates to this Agreement, the services of the Trustee hereunder, or the Property or any interest earned on the Property, except for expenses and losses resulting from the Trustee\u2019s gross negligence, fraud or willful misconduct. Promptly after the receipt by the Trustee of notice of demand or claim or the commencement of any action, suit or proceeding, pursuant to which the Trustee intends to seek indemnification under this Section \u200e2(b), it shall notify the Company in writing of such claim (hereinafter referred to as the \u201cIndemnified Claim\u201d). The Trustee shall have the right to conduct and manage the defense against such Indemnified Claim; provided that the Trustee shall obtain the consent of the Company with respect to the selection of counsel, which consent shall not be unreasonably withheld or delayed. The Trustee may not agree to settle any Indemnified Claim without the prior written consent of the Company, which such consent shall not be unreasonably withheld or delayed. The Company may participate in such action with its own counsel;\n(c) Pay the Trustee the fees set forth on Schedule A hereto, including an initial acceptance fee, annual administration fee, and transaction processing fee which fees shall be subject to modification by the parties from time to time. It is expressly understood that the Property shall not be used to pay such fees unless and until it is distributed to the Company pursuant to Sections \u200e1(i) through \u200e1(k) hereof. The Company shall pay the Trustee the initial acceptance fee and the first annual administration fee at the consummation of the Offering. The Company shall not be responsible for any other fees or charges of the Trustee except as set forth in this Section \u200e2(c), Schedule A and as may be provided in Section \u200e2(b) hereof;\n(d) In connection with any vote of the Company\u2019s shareholders regarding a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination involving the Company and one or more businesses (a \u201cBusiness Combination\u201d), provide to the Trustee an affidavit or certificate of the inspector of elections for the shareholder meeting organized for the approval of such Business Combination verifying the vote of such shareholders at the meeting;\n(e) Provide the Representative with a copy of any Termination Letter(s) and/or any other correspondence that is sent to the Trustee with respect to any proposed withdrawal from the Trust Account promptly after it issues the same;\n(f) Instruct the Trustee to make only those distributions that are permitted under this Agreement, and refrain from instructing the Trustee to make any distributions that are not permitted under this Agreement;\n(g) If applicable, issue a press release at least three days prior to the Applicable Deadline announcing that, at least five days prior to the Applicable Deadline, the Company received notice from the Sponsor that the Sponsor intends to extend the Applicable Deadline; and\n(h) Promptly following the Applicable Deadline, disclose whether or not the term the Company has to consummate a Business Combination has been extended.", "snippet_links": [{"key": "the-company-hereby", "type": "clause", "offset": [0, 18]}, {"key": "agrees-to", "type": "clause", "offset": [19, 28]}, {"key": "trustee-hereunder", "type": "clause", "offset": [63, 80]}, {"key": "by-the-company", "type": "clause", "offset": [100, 114]}, {"key": "chief-executive-officer", "type": "clause", "offset": [117, 140]}, {"key": "chairman-of-the-board", "type": "clause", "offset": [144, 165]}, {"key": "in-addition", "type": "clause", "offset": [167, 178]}, {"key": "with-respect-to", "type": "clause", "offset": [187, 202]}, {"key": "trustee-shall", "type": "definition", "offset": [264, 277]}, {"key": "entitled-to-rely", "type": "clause", "offset": [281, 297]}, {"key": "be-protected", "type": "clause", "offset": [312, 324]}, {"key": "in-good-faith", "type": "definition", "offset": [397, 410]}, {"key": "reasonable-care", "type": "clause", "offset": [420, 435]}, {"key": "the-persons", "type": "clause", "offset": [472, 483]}, {"key": "written-instructions", "type": "clause", "offset": [509, 529]}, {"key": "provided-that", "type": "clause", "offset": [531, 544]}, {"key": "the-company-shall", "type": "clause", "offset": [545, 562]}, {"key": "instructions-in-writing", "type": "clause", "offset": [585, 608]}, {"key": "subject-to-section", "type": "clause", "offset": [614, 632]}, {"key": "pocket-expenses", "type": "clause", "offset": [741, 756]}, {"key": "counsel-fees-and-disbursements", "type": "clause", "offset": [779, 809]}, {"key": "by-the-trustee", "type": "clause", "offset": [830, 844]}, {"key": "in-connection-with", "type": "clause", "offset": [845, 863]}, {"key": "action-taken", "type": "definition", "offset": [868, 880]}, {"key": "other-proceeding", "type": "clause", "offset": [940, 956]}, {"key": "claim-or-demand", "type": "definition", "offset": [1032, 1047]}, {"key": "to-this-agreement", "type": "clause", "offset": [1091, 1108]}, {"key": "the-services", "type": "definition", "offset": [1110, 1122]}, {"key": "the-property", "type": "clause", "offset": [1152, 1164]}, {"key": "interest-earned", "type": "definition", "offset": [1172, 1187]}, {"key": "expenses-and", "type": "clause", "offset": [1216, 1228]}, {"key": "resulting-from-the", "type": "clause", "offset": [1236, 1254]}, {"key": "gross-negligence", "type": "clause", "offset": [1265, 1281]}, {"key": "fraud-or-willful-misconduct", "type": "clause", "offset": [1283, 1310]}, {"key": "receipt-by-the", "type": "clause", "offset": [1331, 1345]}, {"key": "notice-of-demand", "type": "definition", "offset": [1357, 1373]}, {"key": "commencement-of", "type": "clause", "offset": [1390, 1405]}, {"key": "suit-or-proceeding", "type": "clause", "offset": [1418, 1436]}, {"key": "notify-the", "type": "clause", "offset": [1535, 1545]}, {"key": "company-in", "type": "clause", "offset": [1546, 1556]}, {"key": "indemnified-claim", "type": "definition", "offset": [1612, 1629]}, {"key": "right-to-conduct", "type": "clause", "offset": [1660, 1676]}, {"key": "consent-of-the-company", "type": "clause", "offset": [1775, 1797]}, {"key": "selection-of-counsel", "type": "clause", "offset": [1818, 1838]}, {"key": "agree-to", "type": "clause", "offset": [1921, 1929]}, {"key": "prior-written-consent", "type": "clause", "offset": [1971, 1992]}, {"key": "participate-in", "type": "definition", "offset": [2091, 2105]}, {"key": "own-counsel", "type": "clause", "offset": [2127, 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"definition", "offset": [2971, 2985]}, {"key": "asset-acquisition", "type": "definition", "offset": [2987, 3004]}, {"key": "share-purchase", "type": "clause", "offset": [3006, 3020]}, {"key": "business-combination", "type": "definition", "offset": [3048, 3068]}, {"key": "provide-to", "type": "clause", "offset": [3146, 3156]}, {"key": "certificate-of", "type": "definition", "offset": [3185, 3199]}, {"key": "inspector-of-elections", "type": "clause", "offset": [3204, 3226]}, {"key": "shareholder-meeting", "type": "clause", "offset": [3235, 3254]}, {"key": "approval-of", "type": "definition", "offset": [3273, 3284]}, {"key": "the-meeting", "type": "clause", "offset": [3354, 3365]}, {"key": "the-representative", "type": "clause", "offset": [3379, 3397]}, {"key": "a-copy-of", "type": "clause", "offset": [3403, 3412]}, {"key": "any-termination", "type": "clause", "offset": [3413, 3428]}, {"key": "other-correspondence", "type": "clause", "offset": [3450, 3470]}, {"key": "the-trust-account", "type": "clause", "offset": [3544, 3561]}, {"key": "not-permitted", "type": "clause", "offset": [3772, 3785]}, {"key": "if-applicable", "type": "definition", "offset": [3812, 3825]}, {"key": "press-release", "type": "definition", "offset": [3835, 3848]}, {"key": "applicable-deadline", "type": "definition", "offset": [3882, 3901]}, {"key": "five-days", "type": "definition", "offset": [3928, 3937]}, {"key": "the-sponsor", "type": "clause", "offset": [4005, 4016]}, {"key": "to-extend", "type": "clause", "offset": [4042, 4051]}, {"key": "following-the", "type": "definition", "offset": [4094, 4107]}, {"key": "the-company-has", "type": "clause", "offset": [4162, 4177]}], "size": 470, "samples": [{"hash": "oF1nVlHxQl", "uri": "/contracts/oF1nVlHxQl#agreements-and-covenants-of-the-company", "label": "Investment Management Trust Agreement (Albatross Acquisition Corp)", "score": 35.585899353, "published": true}, {"hash": "l3rFCZvtSXS", "uri": "/contracts/l3rFCZvtSXS#agreements-and-covenants-of-the-company", "label": "Investment Management Trust Agreement (OceanLight Acquisition Corp)", "score": 35.51745224, "published": true}, {"hash": "9SFWiCZZMim", "uri": "/contracts/9SFWiCZZMim#agreements-and-covenants-of-the-company", "label": "Investment Management Trust Agreement (Futurewave Acquisition Corp)", "score": 35.4928131104, "published": true}], "hash": "d06a25e64fd61113b84bd7d7ba1d1941", "id": 4}, {"snippet": "The Company hereby agrees and covenants to:\n(i) Give all instructions to the Trustee hereunder in writing, signed by the Company\u2019s Chief Executive Officer, Chief Financial Officer or other authorized officer of the Company. In addition, except with respect to its duties under Sections 1(ix), (x) or (xi), the Trustee shall be entitled to rely on, and shall be protected in relying on, any verbal or telephonic advice or instruction which it, in good faith and with reasonable care, believes to be given by any one of the persons authorized above to give written instructions, provided that the Company shall promptly confirm such instructions in writing;\n(ii) Subject to Section 4, hold the Trustee harmless and indemnify the Trustee from and against any and all expenses, including reasonable counsel fees and disbursements, or losses suffered by the Trustee in connection with any action taken by it hereunder and in connection with any action, suit or other proceeding brought against the Trustee involving any claim, or in connection with any claim or demand, which in any way arises out of or relates to this Agreement, the services of the Trustee hereunder, or the Property or any interest earned on the Property, except for expenses and losses resulting from the Trustee\u2019s gross negligence, fraud or willful misconduct. Promptly after the receipt by the Trustee of notice of demand or claim or the commencement of any action, suit or proceeding, pursuant to which the Trustee intends to seek indemnification under this Section 2(ii), it shall notify the Company in writing of such claim (an \u201cIndemnified Claim\u201d). The Trustee shall have the right to conduct and manage the defense against such Indemnified Claim; provided, however, that the Trustee shall obtain the consent of the Company with respect to the selection of counsel, which consent shall not be unreasonably withheld. The Trustee may not agree to settle any Indemnified Claim without the prior written consent of the Company, which such consent shall not be unreasonably withheld. The Company may participate in such action with its own counsel;\n(iii) Pay the Trustee the fees set forth on Schedule A hereto, including an initial acceptance fee, annual administration fee and transaction processing fee which fees shall be subject to modification by the parties from time to time. It is expressly understood that the Property shall not be used to pay such fees unless and until it is distributed to the Company pursuant to Sections 1(ix) through 1(xi). The Company shall pay the Trustee the initial acceptance fee and the first annual administration fee at the consummation of the Offering. The Company shall not be responsible for any other fees or charges of the Trustee except as set forth in this Section 2(iii) and as may be provided in Section 2(ii);\n(iv) In connection with any vote of the Company\u2019s shareholders regarding a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination involving the Company and one or more businesses (the \u201cBusiness Combination\u201d), provide to the Trustee an affidavit or certificate of the inspector of elections for the general meeting verifying the vote of such shareholders regarding such Business Combination;\n(v) Provide the Representatives with a copy of any Termination Letter(s) and/or any other correspondence that is sent to the Trustee with respect to any proposed withdrawal from the Trust Account promptly after it issues the same;\n(vi) Unless otherwise agreed between the Company and the Representatives, ensure that any Instruction Letter (as defined in Exhibit A) delivered in connection with a Termination Letter in the form of Exhibit A expressly provides that the Deferred Discount is paid directly to the account or accounts directed by the Representatives on behalf of the Underwriters prior to any transfer of the funds held in the Trust Account to the Company or any other person;\n(vii) Instruct the Trustee to make only those distributions that are permitted under this Agreement, and refrain from instructing the Trustee to make any distributions that are not permitted under this Agreement;\n(viii) If the Company seeks to amend any provisions of its amended and restated memorandum and articles of association (A) to modify the substance or timing of the Company\u2019s obligation to provide holders of the Ordinary Shares the right to have their shares redeemed in connection with the Company\u2019s initial Business Combination or to redeem 100% of the Ordinary Shares if the Company does not complete its initial Business Combination within the time period set forth therein or (B) with respect to any other provision relating to the rights of holders of the Ordinary Shares (in each case, an \u201cAmendment\u201d), the Company will provide the Trustee with a letter (an \u201cAmendment Notification Letter\u201d) in the form of Exhibit D providing instructions for the distribution of funds to Public Shareholders who exercise their redemption option in connection with such Amendment; and\n(ix) Within five (5) business days after the Underwriters exercise their option to purchase additional units (or any unexercised portion thereof) or such option to purchase additional units expires, provide the Trustee with a notice in writing of the total amount of the Deferred Discount.", "snippet_links": [{"key": "the-company-hereby", "type": "clause", "offset": [0, 18]}, {"key": "and-covenants", "type": "clause", "offset": [26, 39]}, {"key": "trustee-hereunder", "type": "clause", "offset": [77, 94]}, {"key": "by-the-company", "type": "clause", "offset": [114, 128]}, {"key": "chief-executive-officer", "type": "clause", "offset": [131, 154]}, {"key": "chief-financial-officer", "type": "clause", "offset": [156, 179]}, {"key": "officer-of-the-company", "type": "clause", "offset": [200, 222]}, {"key": "in-addition", "type": "clause", "offset": [224, 235]}, {"key": "with-respect-to", "type": "clause", "offset": [244, 259]}, {"key": "trustee-shall", "type": "definition", "offset": [310, 323]}, {"key": "entitled-to-rely", "type": "clause", "offset": [327, 343]}, {"key": "be-protected", "type": "clause", "offset": [358, 370]}, {"key": "in-good-faith", "type": "definition", "offset": [443, 456]}, {"key": "reasonable-care", "type": "clause", "offset": [466, 481]}, {"key": "the-persons", "type": "clause", "offset": [518, 529]}, {"key": "written-instructions", "type": "clause", "offset": [555, 575]}, {"key": "provided-that", "type": "clause", "offset": [577, 590]}, {"key": "the-company-shall", "type": "clause", "offset": [591, 608]}, {"key": "instructions-in-writing", "type": "clause", "offset": [631, 654]}, {"key": "subject-to-section-4", "type": "clause", "offset": [661, 681]}, {"key": "counsel-fees-and-disbursements", "type": "clause", "offset": [795, 825]}, {"key": "by-the-trustee", "type": "clause", "offset": [846, 860]}, {"key": "in-connection-with", "type": "clause", "offset": [861, 879]}, {"key": "action-taken", "type": "definition", "offset": [884, 896]}, {"key": "other-proceeding", "type": "clause", "offset": [956, 972]}, {"key": "claim-or-demand", "type": "definition", "offset": [1048, 1063]}, {"key": "to-this-agreement", "type": "clause", "offset": [1107, 1124]}, {"key": "the-services", "type": "definition", "offset": [1126, 1138]}, {"key": "the-property", "type": "clause", "offset": [1168, 1180]}, {"key": "interest-earned", "type": "definition", "offset": [1188, 1203]}, {"key": "expenses-and", "type": "clause", "offset": [1232, 1244]}, {"key": "resulting-from-the", "type": "clause", "offset": [1252, 1270]}, {"key": "gross-negligence", "type": "clause", "offset": [1281, 1297]}, {"key": "fraud-or-willful-misconduct", "type": "clause", "offset": [1299, 1326]}, {"key": "receipt-by-the", "type": "clause", "offset": [1347, 1361]}, {"key": "notice-of-demand", "type": "definition", "offset": [1373, 1389]}, {"key": "commencement-of", "type": "clause", "offset": [1406, 1421]}, {"key": "suit-or-proceeding", "type": "clause", "offset": [1434, 1452]}, {"key": "notify-the", "type": "clause", "offset": [1551, 1561]}, {"key": "company-in", "type": "clause", "offset": [1562, 1572]}, {"key": "indemnified-claim", "type": "definition", "offset": [1600, 1617]}, {"key": "right-to-conduct", "type": "clause", "offset": [1648, 1664]}, {"key": "consent-of-the-company", "type": "clause", "offset": [1773, 1795]}, {"key": "selection-of-counsel", "type": "clause", "offset": [1816, 1836]}, {"key": "agree-to", "type": "clause", "offset": [1908, 1916]}, {"key": "prior-written-consent", "type": "clause", "offset": [1958, 1979]}, {"key": "participate-in", "type": "definition", "offset": [2067, 2081]}, {"key": "own-counsel", "type": "clause", "offset": [2103, 2114]}, {"key": "the-fees", "type": "clause", "offset": [2138, 2146]}, {"key": "schedule-a", "type": "clause", "offset": [2160, 2170]}, {"key": "acceptance-fee", "type": "clause", "offset": [2200, 2214]}, {"key": "annual-administration-fee", "type": "clause", "offset": [2216, 2241]}, {"key": "transaction-processing-fee", "type": "definition", "offset": [2246, 2272]}, {"key": "modification-by-the-parties", "type": "clause", "offset": [2304, 2331]}, {"key": "from-time-to-time", "type": "clause", "offset": [2332, 2349]}, {"key": "to-pay", "type": "clause", "offset": [2414, 2420]}, {"key": "to-the-company", "type": "clause", "offset": [2466, 2480]}, {"key": "pursuant-to-sections", "type": "clause", "offset": [2481, 2501]}, {"key": "consummation-of-the-offering", "type": "clause", "offset": [2631, 2659]}, {"key": "responsible-for", "type": 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"the-trust-account", "type": "clause", "offset": [3447, 3464]}, {"key": "unless-otherwise-agreed", "type": "clause", "offset": [3505, 3528]}, {"key": "the-company-and-the", "type": "clause", "offset": [3537, 3556]}, {"key": "instruction-letter", "type": "clause", "offset": [3590, 3608]}, {"key": "exhibit-a", "type": "definition", "offset": [3624, 3633]}, {"key": "a-termination", "type": "definition", "offset": [3664, 3677]}, {"key": "form-of", "type": "definition", "offset": [3692, 3699]}, {"key": "deferred-discount", "type": "clause", "offset": [3738, 3755]}, {"key": "account-or-accounts", "type": "clause", "offset": [3780, 3799]}, {"key": "on-behalf-of", "type": "definition", "offset": [3832, 3844]}, {"key": "the-underwriters", "type": "definition", "offset": [3845, 3861]}, {"key": "prior-to", "type": "clause", "offset": [3862, 3870]}, {"key": "the-funds", "type": "clause", "offset": [3887, 3896]}, {"key": "any-other-person", "type": "definition", "offset": [3941, 3957]}, {"key": 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"offset": [4708, 4725]}, {"key": "each-case", "type": "definition", "offset": [4753, 4762]}, {"key": "the-company-will-provide", "type": "clause", "offset": [4781, 4805]}, {"key": "amendment-notification-letter", "type": "clause", "offset": [4837, 4866]}, {"key": "exhibit-d", "type": "definition", "offset": [4884, 4893]}, {"key": "providing-instructions", "type": "clause", "offset": [4894, 4916]}, {"key": "distribution-of-funds", "type": "clause", "offset": [4925, 4946]}, {"key": "public-shareholders", "type": "definition", "offset": [4950, 4969]}, {"key": "redemption-option", "type": "definition", "offset": [4989, 5006]}, {"key": "days-after", "type": "definition", "offset": [5076, 5086]}, {"key": "option-to-purchase-additional-units", "type": "definition", "offset": [5119, 5154]}, {"key": "unexercised-portion", "type": "definition", "offset": [5163, 5182]}, {"key": "notice-in-writing", "type": "definition", "offset": [5272, 5289]}, {"key": "total-amount", "type": "definition", "offset": [5297, 5309]}], "size": 327, "samples": [{"hash": "huXhmKIrtNO", "uri": "/contracts/huXhmKIrtNO#agreements-and-covenants-of-the-company", "label": "Investment Management Trust Agreement (QDRO Acquisition Corp.)", "score": 35.2135505676, "published": true}, {"hash": "7F3BZElEerp", "uri": "/contracts/7F3BZElEerp#agreements-and-covenants-of-the-company", "label": "Investment Management Trust Agreement (QDRO Acquisition Corp.)", "score": 34.9014358521, "published": true}, {"hash": "lvL7bOKoNn0", "uri": "/contracts/lvL7bOKoNn0#agreements-and-covenants-of-the-company", "label": "Investment Management Trust Agreement (HCM IV Acquisition Corp.)", "score": 34.8494186401, "published": true}], "hash": "07234ffc7724e4e66827e81d74fdc6a8", "id": 6}, {"snippet": "The Company hereby agrees and covenants to:\n(a) Give all instructions to the Trustee hereunder in writing, signed by the Company\u2019s Chairman of the Board or President. In addition, except with respect to its duties under paragraphs 1(i) and 1(j) above, the Trustee shall be entitled to rely on, and shall be protected in relying on, any verbal or telephonic advice or instruction which it in good faith believes to be given by any one of the persons authorized above to give written instructions, provided that the Company shall promptly confirm such instructions in writing;\n(b) Hold the Trustee harmless and indemnify the Trustee from and against, any and all expenses, including reasonable counsel fees and disbursements, or loss suffered by the Trustee in connection with any action, suit or other proceeding brought against the Trustee involving any claim, or in connection with any claim or demand which in any way arises out of or relates to this Agreement, the services of the Trustee hereunder, or the Property or any income earned from investment of the Property, except for expenses and losses resulting from the Trustee's gross negligence or willful misconduct. Promptly after the receipt by the Trustee of notice of demand or claim or the commencement of any action, suit or proceeding, pursuant to which the Trustee intends to seek indemnification under this paragraph, it shall notify the Company in writing of such claim (hereinafter referred to as the \u201cIndemnified Claim\u201d). The Trustee shall have the right to conduct and manage the defense against such Indemnified Claim, provided, that the Trustee shall obtain the consent of the Company with respect to the selection of counsel, which consent shall not be unreasonably withheld. The Trustee may not agree to settle any Indemnified Claim without the prior written consent of the Company unless such settlement includes a full release of the Company with respect to such Indemnified Claim. The Company may participate in such action with its own counsel;\n(c) Pay the Trustee an initial acceptance fee of $1,000 and an annual fee of $3,000 (it being expressly understood that the Property shall not be used to pay such fee). The Company shall pay the Trustee the initial acceptance fee and first year\u2019s fee at the consummation of the IPO and thereafter on the anniversary of the Effective Date. The Trustee shall refund to the Company the fee (on a pro rata basis) with respect to any period after the liquidation of the Trust Fund. The Company shall not be responsible for any other fees or charges of the Trustee except as may be provided in paragraph 2(b) hereof (it being expressly understood that the Property shall not be used to make any payments to the Trustee under such paragraph);\n(d) Provide to the Trustee any letter of intent, agreement in principle or definitive agreement for a Business Combination that is executed on or prior to the First Date; and\n(e) In connection with any vote of the Company\u2019s stockholders regarding a Business Combination, provide to the Trustee an affidavit or certificate of a firm regularly engaged in the business of soliciting proxies and/or tabulating stockholder votes (which firm may be the Trustee) verifying the vote of the Company\u2019s stockholders regarding such Business Combination.", "snippet_links": [{"key": "the-company-hereby", "type": "clause", "offset": [0, 18]}, {"key": "and-covenants", "type": "clause", "offset": [26, 39]}, {"key": "trustee-hereunder", 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"published": true}, {"hash": "hJyzzgUfm8x", "uri": "/contracts/hJyzzgUfm8x#agreements-and-covenants-of-the-company", "label": "Investment Management Trust Agreement (China Discovery Acquisition Corp.)", "score": 19.0, "published": true}, {"hash": "9W5AjPzO0cM", "uri": "/contracts/9W5AjPzO0cM#agreements-and-covenants-of-the-company", "label": "Investment Management Trust Agreement (Pantheon China Acquisition Corp.)", "score": 19.0, "published": true}], "hash": "361172fd1edfc3d429fb0829776ea895", "id": 8}, {"snippet": "The Company hereby agrees and covenants to:\n(a) Give all instructions to the Trustee hereunder in writing, signed by the Company\u2019s Chairman of the Board, President, Chief Executive Officer, Chief Financial Officer, Chief Operating Officer, General Counsel or Secretary. In addition, except with respect to its duties under Sections 1(i), 1(j) and 1(k) hereof, the Trustee shall be entitled to rely on, and shall be protected in relying on, any verbal or telephonic advice or instruction which it, in good faith and with reasonable care, believes to be given by any one of the persons authorized above to give written instructions, provided that the Company shall promptly confirm such instructions in writing;\n(b) Subject to Section 4 hereof, hold the Trustee harmless and indemnify the Trustee from and against any and all reasonable and documented expenses, including reasonable outside counsel fees and disbursements, or losses suffered by the Trustee in connection with any action taken by it hereunder and in connection with any action, suit or other proceeding brought against the Trustee involving any claim, or in connection with any claim or demand, which in any way arises out of or relates to this Agreement, the services of the Trustee hereunder, or the Property or any interest earned on the Property, except for expenses and losses resulting from the Trustee\u2019s gross negligence, fraud or willful misconduct. Promptly after the receipt by the Trustee of notice of demand or claim or the commencement of any action, suit or proceeding, pursuant to which the Trustee intends to seek indemnification under this Section 2(b), it shall notify the Company in writing of such claim (hereinafter referred to as the \u201cIndemnified Claim\u201d). The Trustee shall have the right to conduct and manage the defense against such Indemnified Claim; provided that the Trustee shall obtain the consent of the Company with respect to the selection of counsel, which consent shall not be unreasonably withheld. The Trustee may not agree to settle any Indemnified Claim without the prior written consent of the Company, which such consent shall not be unreasonably withheld. The Company may participate in such action with its own counsel;\n(c) Pay the Trustee the fees set forth on Schedule A hereto, including an initial acceptance fee, annual administration fee, and transaction processing fee which fees shall be subject to modification by the parties from time to time. It is expressly understood that the Property shall not be used to pay such fees unless and until it is distributed to the Company pursuant to Sections 1(i) through 1(j) hereof. The Company shall pay the Trustee the initial acceptance fee and the first annual administration fee at the consummation of the Offering. The Company shall not be responsible for any other fees or charges of the Trustee except as set forth in this Section 2(c) and as may be provided in Section 2(b) hereof;\n(d) In connection with any vote of the Company\u2019s shareholders regarding a Business Combination, provide to the Trustee an affidavit or certificate of the inspector of elections for the shareholder meeting verifying the vote of such shareholders regarding such Business Combination;\n(e) Provide Credit Suisse Securities (USA) LLC with a copy of any Termination Letter(s) and/or any other correspondence that is sent to the Trustee with respect to any proposed withdrawal from the Trust Account promptly after it issues the same;\n(f) Expressly provide in any Instruction Letter (as defined in Exhibit A) delivered in connection with a Termination Letter in the Form of Exhibit A that the Deferred Discount be paid directly to the account or accounts directed by Credit Suisse Securities (USA) LLC; and\n(g) Instruct the 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COMPANY", "REPRESENTATIONS BY AND COVENANTS OF THE COMPANY"], ["covenants-of-the-company", "Covenants of the Company", "Covenants of the Company"], ["agreements-and-covenants-of-trustee", "Agreements and Covenants of Trustee", "Agreements and Covenants of Trustee"], ["covenants-of-the-companies", "Covenants of the Companies", "Covenants of the Companies"]], "related_snippets": [], "updated": "2026-08-13T04:22:21+00:00", "also_ask": ["What are the essential covenants the company must include to protect the counterparty\u2019s interests?", "How can this clause be strategically negotiated to allocate risk or limit liability?", "What are the most common drafting pitfalls or ambiguities in company covenants?", "How do courts typically interpret and enforce company agreements and covenants?", "How does this clause compare to similar provisions in industry-standard agreements?"], "drafting_tip": "List specific company obligations, clarify performance standards, and set timeframes to ensure enforceability, prevent disputes, and provide measurable benchmarks.", "explanation": "The \"Agreements and Covenants of the Company\" clause sets out the specific promises and ongoing obligations that the company undertakes as part of the contract. This may include commitments to perform certain actions, refrain from specific activities, maintain compliance with laws, or provide regular reports to the other party. By clearly outlining these duties, the clause ensures that both parties understand the company's responsibilities, thereby reducing the risk of misunderstandings and helping to enforce accountability throughout the contractual relationship."}, "json": true, "cursor": ""}}