Common use of Investment Management Trust Agreement Clause in Contracts

Investment Management Trust Agreement. The Company and CST have entered into the Trust Agreement with respect to certain proceeds of the Offering and the Placement Warrants, substantially in the form filed as an exhibit to the Registration Statement, pursuant to which the funds held in the Trust Account may be released under limited circumstances. The Trust Agreement shall not be amended, modified, or otherwise changed in any way that modifies the rights or obligations of the Company without the prior written consent of the Representative. For the avoidance of doubt, the obligations of each Underwriter under this agreement shall be fully satisfied upon the payment of the purchase price for the Units purchased by such Underwriter on the Closing Date or, if the Over-allotment Option is exercised, on the Option Closing Date.

Investment Management Trust Agreement. The Company and CST have entered into the Trust Agreement with respect to certain proceeds of the Offering and the Placement WarrantsUnits, substantially in the form filed as an exhibit to the Registration Statement, pursuant to which the funds held in the Trust Account may be released under limited circumstances. The Trust Agreement shall not be amended, modified, or otherwise changed in any way that modifies the rights or obligations of the Company without the prior written consent of the Representative. For the avoidance of doubt, the obligations of each Underwriter under this agreement shall be fully satisfied upon the payment of the purchase price for the Units purchased by such Underwriter on the Closing Date or, if the Over-allotment Option is exercised, on the Option Closing Date.