Common use of Miscellaneous Clause in Contracts

Miscellaneous. (a) The Company and the Trustee each acknowledge that the Trustee will follow the security procedures set forth below with respect to funds transferred from the Trust Account. The Company and the Trustee will each restrict access to confidential information relating to such security procedures to authorized persons. Each party must notify the other party immediately if it has reason to believe unauthorized persons may have obtained access to such confidential information, or of any change in its authorized personnel. In executing funds transfers, the Trustee shall rely upon all information supplied to it by the Company, including, account names, account numbers, and all other identifying information relating to a Beneficiary, Beneficiary’s bank or intermediary bank. Except for any liability arising out of the Trustee’s gross negligence, fraud or willful misconduct, the Trustee shall not be liable for any loss, liability or expense resulting from any error in the information or transmission of the funds.

Appears in 1775 contracts

Samples: Investment Management Trust Agreement (VectoIQ Acquisition Corp. II), Investment Management Trust Agreement (E.Merge Technology Acquisition Corp.), Investment Management Trust Agreement (Environmental Impact Acquisition Corp)

AutoNDA by SimpleDocs

Miscellaneous. (a) The Company and the Trustee each acknowledge that the Trustee will follow the security procedures set forth below with respect to funds transferred from the Trust Account. The Company and the Trustee will each restrict access to confidential information relating to such security procedures to authorized persons. Each party must notify the other party immediately if it has reason to believe unauthorized persons may have obtained access to such confidential information, or of any change in its authorized personnel. In executing funds transfers, the Trustee shall rely upon all information supplied to it by the Company, including, account names, account numbers, and all other identifying information relating to a Beneficiary, Beneficiary’s bank or intermediary bank. Except for any liability arising out of the Trustee’s gross negligence, fraud or willful misconduct, the Trustee shall not be liable for any loss, liability or out-of-pocket expense resulting from any error in the information or transmission of the funds.

Appears in 114 contracts

Samples: Investment Management Trust Agreement (GP-Act III Acquisition Corp.), Investment Management Trust Agreement (ST Energy Transition I Ltd.), Investment Management Trust Agreement (Social Capital Hedosophia Holdings Corp. VI)

Miscellaneous. (a) The Company and the Trustee each acknowledge that the Trustee will follow the security procedures set forth below with respect to funds transferred from the Trust Account. The Company and the Trustee will each restrict access to confidential information relating to such security procedures to authorized persons. Each party must notify the other party immediately if it has reason to believe unauthorized persons may have obtained access to such confidential information, or of any change in its authorized personnel. In executing funds transfers, the Trustee shall rely upon all information supplied to it by the Company, including, including account names, account numbers, and all other identifying information relating to a Beneficiary, Beneficiary’s bank or intermediary bank. Except for any liability arising out of the Trustee’s gross negligence, fraud or willful misconduct, the Trustee shall not be liable for any loss, liability or expense resulting from any error in the information or transmission of the funds.

Appears in 105 contracts

Samples: Investment Management Trust Agreement (Fintech Acquisition Corp. II), Investment Management Trust Agreement (Belong Acquisition Corp.), Investment Management Trust Agreement (JM Global Holding Co)

Miscellaneous. (a) The Company and the Trustee each acknowledge that the Trustee will follow the security procedures set forth below herein with respect to funds transferred from the Trust Account. The Company and the Trustee will each restrict access to confidential information relating to such security procedures to authorized persons. Each party must notify the other party immediately if it has reason to believe unauthorized persons may have obtained access to such confidential information, or of any change in its authorized personnel. In executing funds transfers, the Trustee shall rely upon all information supplied to it by the Company, including, account names, account numbers, and all other identifying information relating to a Beneficiary, Beneficiary’s bank or intermediary bank. Except for any liability arising out of the Trustee’s gross negligence, fraud or willful misconduct, the Trustee shall not be liable for any loss, liability or expense resulting from any error in the information or transmission of the funds.

Appears in 85 contracts

Samples: Investment Management Trust Agreement (MSD Acquisition Corp. / New), Investment Management Trust Agreement (HealthCor Catalio Acquisition Corp.), Investment Management Trust Agreement (JATT Acquisition Corp)

Miscellaneous. (a) The Company and the Trustee each acknowledge that the Trustee will follow the security procedures set forth below with respect to funds transferred from the Trust Account. The Company and the Trustee will each restrict access to confidential information relating to such security procedures to authorized persons. Each party must notify the other party immediately if it has reason to believe unauthorized persons may have obtained access to such confidential information, or of any change in its authorized personnel. In executing funds transfers, the Trustee shall rely upon all information supplied to it by the Company, including, account names, account numbers, and all other identifying information relating to a Beneficiary, Beneficiary’s bank or intermediary bank. Except for any liability arising out of the Trustee’s ’s, or its representatives’, gross negligence, fraud fraud, or willful misconduct, the Trustee shall not be liable for any loss, liability or expense resulting from any error in the information or transmission of the funds.

Appears in 72 contracts

Samples: Investment Management Trust Agreement (SilverBox Corp III), Investment Management Trust Agreement (Thimble Point Acquisition Corp.), Investment Management Trust Agreement (TWC Tech Holdings II Corp.)

Miscellaneous. (a) The Company and the Trustee each acknowledge that the Trustee will follow the security procedures set forth below herein with respect to funds transferred from the Trust Account. The Company and the Trustee will each restrict access to confidential information relating to such security procedures to authorized persons. Each party must notify the other party immediately if it has reason to believe unauthorized persons may have obtained access to such confidential information, or of any change in its authorized personnel. In executing funds transfers, the Trustee shall rely upon all information supplied to it by the Company, including, account names, account numbers, and all other identifying information relating to a Beneficiary, Beneficiary’s bank or intermediary bank. Except for any liability arising out of the Trustee’s gross negligence, fraud or willful misconduct, the Trustee shall not be liable for any loss, liability or out-of-pocket expense resulting from any error in the information or transmission of the funds.

Appears in 70 contracts

Samples: Investment Management Trust Agreement (Social Leverage Acquisition Corp I), Investment Management Trust Agreement (GS Acquisition Holdings Corp II), Investment Management Trust Agreement (Rosecliff Acquisition Corp I)

Miscellaneous. (a) The Company and the Trustee each acknowledge that the Trustee will follow the security procedures set forth below with respect to funds transferred from the Trust Account. The Company and the Trustee will each restrict access to confidential information relating to such security procedures to authorized persons. Each party must notify the other party immediately if it has reason to believe unauthorized persons may have obtained access to such confidential information, or of any change in its authorized personnel. In executing funds transfers, the Trustee shall will rely upon all information supplied to it by the Company, including, including account names, account numbers, and all other identifying information relating to a Beneficiarybeneficiary, Beneficiarybeneficiary’s bank or intermediary bank. Except for any liability arising out of the Trustee’s gross negligence, fraud or willful misconduct, the Trustee shall not be liable for any loss, liability or expense resulting from any error in the information or transmission of the funds.

Appears in 56 contracts

Samples: Investment Management Trust Agreement (KL Acquisition Corp), Investment Management Trust Agreement (Arya Sciences Acquisition Corp.), Investment Management Trust Agreement (Rotor Acquisition Corp.)

Miscellaneous. (a) The Company and the Trustee each acknowledge that the Trustee will follow the security procedures set forth below with respect to funds transferred from the Trust Account. The Company and the Trustee will each restrict access to confidential information relating to such security procedures to authorized persons. Each party must notify the other party immediately if it has reason to believe unauthorized persons may have obtained access to such confidential information, or of any change in its authorized personnel. In executing funds transfers, the Trustee shall will rely upon all information supplied to it by the Company, including, including account names, account numbers, numbers and all other identifying information relating to a Beneficiarybeneficiary, Beneficiarybeneficiary’s bank or intermediary bank. Except for any liability arising out of the Trustee’s gross negligence, fraud or willful misconduct, the Trustee shall not be liable for any loss, liability or expense resulting from any error in the information or transmission of the fundswire.

Appears in 47 contracts

Samples: Investment Management Trust Agreement (Cetus Capital Acquisition Corp.), Investment Management Trust Agreement (TKK SYMPHONY ACQUISITION Corp), Investment Management Trust Agreement (Twelve Seas Investment Co)

Miscellaneous. (a) The Company and the Trustee each acknowledge that the Trustee will follow the security procedures set forth below with respect to funds transferred from the Trust Account. The Company and the Trustee will each restrict access to confidential information relating to such security procedures to authorized persons. Each party must notify the other party immediately if it has reason to believe unauthorized persons may have obtained access to such confidential information, or of any change in its authorized personnel. In executing funds transfers, the Trustee shall rely upon all information supplied to it by the Company, including, including account names, account numbers, numbers and all other identifying information relating to a Beneficiary, Beneficiary’s bank or intermediary bank. Except for any liability arising out of the Trustee’s gross negligence, fraud or willful misconduct, the Trustee shall not be liable for any loss, liability or expense resulting from any error in the information or transmission of the funds.

Appears in 34 contracts

Samples: Trust Agreement (Summit Healthcare Acquisition Corp.), Investment Management Trust Agreement (SVF Investment Corp. 3), Investment Management Trust Agreement (Switchback II Corp)

Miscellaneous. (ai) The Company and the Trustee each acknowledge that the Trustee will shall follow the security procedures set forth below with respect to funds transferred from the Trust Account. The Company and the Trustee will each restrict access to confidential information relating to such security procedures to authorized persons. Each party must notify the other party immediately if it has reason to believe unauthorized persons may have obtained access to such confidential information, or of any change in its authorized personnel. In executing funds transfers, the Trustee shall rely upon all information supplied to it by the Company, including, account names, account numbers, numbers and all other identifying information relating to a Beneficiary, Beneficiary’s bank or intermediary bank. Except for any liability arising out of the Trustee’s gross negligence, fraud or willful misconduct, the Trustee shall not be liable for any loss, liability or expense resulting from any error in the information or transmission of the funds.

Appears in 32 contracts

Samples: Trust Agreement (Andretti Acquisition Corp.), Investment Management Trust Agreement (HCM Acquisition Corp), Investment Management Trust Agreement (Aperture Acquisition Corp)

Miscellaneous. (a) The Company and the Trustee each acknowledge that the Trustee will follow the security procedures set forth below herein with respect to funds transferred from the Trust Account. The Company and the Trustee will each restrict access to confidential information relating to such security procedures to authorized persons. Each party must notify the other party immediately if it has reason to believe unauthorized persons may have obtained access to such confidential information, or of any change in its authorized personnel. In executing funds transfers, the Trustee shall rely upon all information supplied to it by the Company, including, account names, account numbers, and all other identifying information relating to a Beneficiary, Beneficiary’s bank or intermediary bank. Except for any liability arising out of the Trustee’s gross negligence, fraud negligence or willful misconduct, the Trustee shall not be liable for any loss, liability or out-of-pocket expense resulting from any error in the information or transmission of the funds.

Appears in 28 contracts

Samples: Form of Investment Management Trust Agreement (CHW Acquisition Corp), Investment Management Trust Agreement (Acri Capital Acquisition Corp), Investment Management Trust Agreement (TradeUP Acquisition Corp.)

Miscellaneous. (a) The Company and the Trustee each acknowledge that the Trustee will follow the security procedures set forth below with respect to funds transferred from the Trust Account. The Company and the Trustee will each restrict access to confidential information relating to such security procedures to authorized persons. Each party must notify the other party immediately if it has reason to believe unauthorized persons may have obtained access to such confidential information, or of any change in its authorized personnel. In executing funds transfers, the Trustee shall rely upon all information supplied to it by the Company, including, account names, account numbers, numbers and all other identifying information relating to a Beneficiary, Beneficiary’s bank or intermediary bank. Except for any liability arising out of the Trustee’s gross negligence, fraud or willful misconduct, the Trustee shall not be liable for any loss, liability or expense resulting from any error in the information or transmission of the funds.

Appears in 28 contracts

Samples: Investment Management Trust Agreement (Queen's Gambit Growth Capital), Investment Management Trust Agreement (Queen's Gambit Growth Capital), Investment Management Trust Agreement (L Catterton Latin America Acquisition Corp)

Miscellaneous. (a) The Company and the Trustee each acknowledge that the Trustee will follow the security procedures set forth below herein with respect to funds transferred from the Trust Account. The Company and the Trustee will each restrict access to confidential information relating to such security procedures to authorized persons. Each party must notify the other party immediately if it has reason to believe unauthorized persons may have obtained access to such confidential information, or of any change in its authorized personnel. In executing funds transfers, the Trustee shall rely upon all information supplied to it by the Company, including, account names, account numbers, and all other identifying information relating to a Beneficiary, Beneficiary’s bank or intermediary bank. Except for any liability arising out of the Trustee’s fraud, gross negligence, fraud negligence or willful misconduct, the Trustee shall not be liable for any loss, liability or out-of-pocket expense resulting from any error in the information or transmission of the funds.

Appears in 25 contracts

Samples: Investment Management Trust Agreement (Flag Ship Acquisition Corp), Investment Management Trust Agreement (Venus Acquisition Corp), Investment Management Trust Agreement (Metal Sky Acquisition Corp)

Miscellaneous. (a) The Company and the Trustee each acknowledge that the Trustee will follow the security procedures set forth below with respect to funds transferred from the Trust Account. The Company and the Trustee will each restrict access to confidential information relating to such security procedures to authorized persons. Each party must notify the other party immediately if it has reason to believe unauthorized persons may have obtained access to such confidential information, or of any change in its authorized personnel. In executing funds transfers, the Trustee shall rely upon all information supplied to it by the Company, including, account names, account numbers, and all other identifying information relating to a Beneficiary, Beneficiary’s bank or intermediary bank. Except for any liability arising out of the Trustee’s gross negligence, fraud or willful misconductmisconduct (in each case as finally determined by a court of competent jurisdiction), the Trustee shall not be liable for any loss, liability or expense resulting from any error in the information or transmission of the funds.

Appears in 21 contracts

Samples: Trust Agreement (Gores Technology Partners II, Inc.), Investment Management Trust Agreement (Gores Holdings IX, Inc.), Investment Management Trust Agreement (Gores Holdings IX, Inc.)

Miscellaneous. (a) The Company and the Trustee each acknowledge that the Trustee will follow the security procedures set forth below with respect to funds transferred from the Trust Account. The Company and the Trustee will each restrict access to confidential information relating to such security procedures to authorized persons. Each party must notify the other party immediately if it has reason to believe unauthorized persons may have obtained access to such confidential information, or of any change in its authorized personnel. In executing funds transfers, the Trustee shall will rely upon all information supplied to it by the Company, including, account names, account numbers, and all other identifying information relating to a Beneficiarybeneficiary, Beneficiarybeneficiary’s bank or intermediary bank. Except for any liability arising out of the Trustee’s gross negligence, fraud or willful misconduct, the Trustee shall not be liable for any loss, liability or expense resulting from any error in the information or transmission of the funds.

Appears in 19 contracts

Samples: Trust Agreement (GigInternational1, Inc.), Trust Agreement (GigCapital2, Inc.), Trust Agreement (GigInternational1, Inc.)

Miscellaneous. (a) The Company and the Trustee each acknowledge that the Trustee will follow the security procedures set forth below with respect to funds transferred from the Trust Account. The Company and the Trustee will each restrict access to confidential information relating to such security procedures to authorized persons. Each party must notify the other party immediately if it has reason to believe unauthorized persons may have obtained access to such confidential information, or of any change in its authorized personnel. In executing funds transfers, the Trustee shall will rely upon all information supplied to it by the Company, including, including account names, account numbers, numbers and all other identifying information relating to a Beneficiary, Beneficiary’s bank or intermediary bank. Except for any liability arising out of the Trustee’s gross negligence, fraud or willful misconduct, the Trustee shall not be liable for any loss, liability or expense resulting from any error in the information or transmission of the funds.

Appears in 16 contracts

Samples: Investment Management Trust Agreement (Kismet Acquisition Two Corp.), Investment Management Trust Agreement (Galata Acquisition Corp.), Investment Management Trust Agreement (Cartesian Growth Corp)

Miscellaneous. (a) The Company and the Trustee each acknowledge that the Trustee will follow the security procedures set forth below with respect to funds transferred from the Trust Account. The Company and the Trustee will each restrict access to confidential information relating to such security procedures to authorized persons. Each party must notify the other party immediately if it has reason to believe unauthorized persons may have obtained access to such confidential information, or of any change in its authorized personnel. In executing funds transfers, the Trustee shall rely upon all information supplied to it by the Company, including, account names, account numbers, and all other identifying information relating to a Beneficiary, Beneficiary’s bank or intermediary bank. Except for any liability arising out of the Trustee’s ’s, or its representatives’, gross negligence, fraud or willful misconduct, the Trustee shall not be liable for any loss, liability or expense resulting from any error in the information or transmission of the funds.

Appears in 16 contracts

Samples: Investment Management Trust Agreement (Oyster Enterprises Acquisition Corp.), Investment Management Trust Agreement (Gaming & Hospitality Acquisition Corp.), Investment Management Trust Agreement (Southport Acquisition Corp)

Miscellaneous. (a) The Company and the Trustee each acknowledge that the Trustee will follow the security procedures set forth below with respect to funds transferred from the Trust Account. The Company and the Trustee will each restrict access to confidential information relating to such security procedures to authorized persons. Each party must notify the other party immediately as promptly as practicable if it has reason to believe unauthorized persons may have obtained access to such confidential information, or of any change in its authorized personnel. In executing funds transfers, the Trustee shall rely upon all information supplied to it by the Company, including, account names, account numbers, and all other identifying information relating to a Beneficiary, Beneficiary’s bank or intermediary bank. Except for any liability arising out of of, in connection with or resulting from the Trustee’s gross negligence, fraud or willful misconduct, the Trustee shall not be liable for any loss, liability or expense resulting from any error in the information or transmission of the funds.

Appears in 15 contracts

Samples: Investment Management Trust Agreement (CF Finance Acquisition Corp II), Investment Management Trust Agreement (CF Acquisition Corp. VII), Investment Management Trust Agreement (CF Finance Acquisition Corp.)

Miscellaneous. (a) The Company and the Trustee each acknowledge that the Trustee will follow the security procedures set forth below with respect to funds transferred from the Trust Account. The Company and the Trustee will each restrict access to confidential information relating to such security procedures to authorized persons. Each party must notify the other party immediately if it has reason to believe unauthorized persons may have obtained access to such confidential information, or of any change in its authorized personnel. In executing funds transfers, the Trustee shall will rely upon all information supplied to it by the Company, including, including account names, account numbers, and all other identifying information relating to a Beneficiary, Beneficiary’s bank or intermediary bank. Except for any liability arising out of the Trustee’s gross negligence, fraud or willful misconduct, the Trustee shall not be liable for any loss, liability or expense resulting from any error in the information or transmission of the funds.

Appears in 15 contracts

Samples: Investment Management Trust Agreement (NavSight Holdings, Inc.), Investment Management Trust Agreement (GSR II Meteora Acquisition Corp.), Investment Management Trust Agreement (Lux Health Tech Acquisition Corp.)

Miscellaneous. (a) The Company and the Trustee each acknowledge that the Trustee will follow the security procedures set forth below with respect to funds transferred from the Trust Account. The Company and the Trustee will each restrict access to confidential information relating to such security procedures to authorized persons. Each party must notify the other party immediately if it has reason to believe unauthorized persons may have obtained access to such confidential information, or of any change in its authorized personnel. In executing funds transfers, the Trustee shall rely upon all information supplied to it by the Company, including, account names, account numbers, and all other identifying information relating to a Beneficiary, Beneficiary’s bank or intermediary bank. Except for any liability arising out of the Trustee’s or its representatives’ gross negligence, fraud or willful misconduct, the Trustee shall not be liable for any loss, liability or out-of-pocket expense resulting from any error in the information or transmission of the funds.

Appears in 15 contracts

Samples: Investment Management Trust Agreement (Science Strategic Acquisition Corp. Alpha), Investment Management Trust Agreement (Jackson Acquisition Co), Investment Management Trust Agreement (Jackson Acquisition Co)

Miscellaneous. (a) The Company and the Trustee each acknowledge that the Trustee will follow the security procedures set forth below with respect to funds transferred from the Trust Account. The Company and the Trustee will each restrict access to confidential information relating to such security procedures to authorized persons. Each party must notify the other party immediately if it has reason to believe unauthorized persons may have obtained access to such confidential information, or of any change in its authorized personnel. In executing funds transfers, the Trustee shall will rely upon all information supplied to it by the Company, including, including account names, account numbers, numbers and all other identifying information relating to a Beneficiarybeneficiary, Beneficiary’s beneficiary's bank or intermediary bank. Except for any liability arising out of the Trustee’s gross negligence, fraud or willful misconduct, the Trustee shall not be liable for any loss, liability or expense resulting from any error in the information or transmission of the fundswire.

Appears in 15 contracts

Samples: Investment Management Trust Agreement (Capitol Investment Corp. IV), Investment Management Trust Agreement (KBL Merger Corp. Iv), Investment Management Trust Agreement (KLR Energy Acquisition Corp.)

Miscellaneous. (a) The Company and the Trustee each acknowledge that the Trustee will follow the security procedures set forth below with respect to funds transferred from the Trust Account. The Company and the Trustee will each restrict access to confidential information relating to such security procedures to authorized persons. Each party must notify the other party immediately if it has reason to believe unauthorized persons may have obtained access to such confidential information, information or of any change in its authorized personnel. In executing funds transfers, the Trustee shall rely upon all information supplied to it by the Company, including, account names, account numbers, numbers and all other identifying information relating to a Beneficiary, Beneficiary’s bank or intermediary bank. Except for any liability arising out of the Trustee’s or its representatives’ gross negligence, fraud or willful misconduct, the Trustee shall not be liable for any loss, liability or out-of-pocket expense resulting from any error in the information or transmission of the funds.

Appears in 14 contracts

Samples: Investment Management Trust Agreement (G&P Acquisition Corp.), Trust Agreement (Trajectory Alpha Acquisition Corp.), Investment Management Trust Agreement (C5 Acquisition Corp)

Miscellaneous. (a) The Company Company, Opco and the Trustee each acknowledge that the Trustee will follow the security procedures set forth below with respect to funds transferred from the Trust Account. The Company Company, Opco and the Trustee will each restrict access to confidential information relating to such security procedures to authorized persons. Each party must notify the other party immediately if it has reason to believe unauthorized persons may have obtained access to such confidential information, or of any change in its authorized personnel. In executing funds transfers, the Trustee shall rely upon all information supplied to it by the CompanySPAC Parties, including, including account names, account numbers, and all other identifying information relating to a Beneficiary, Beneficiary’s bank or intermediary bank. Except for any liability arising out of the Trustee’s gross negligence, fraud or willful misconduct, the Trustee shall not be liable for any loss, liability or expense resulting from any error in the information or transmission of the funds.

Appears in 13 contracts

Samples: Investment Management Trust Agreement (Rice Acquisition Corp.), Investment Management Trust Agreement (Beard Energy Transition Acquisition Corp.), Investment Management Trust Agreement (Beard Energy Transition Acquisition Corp.)

Miscellaneous. (a) The Company and the Trustee each acknowledge that the Trustee will follow the security procedures set forth below with respect to funds transferred from the Trust Account. The Company and the Trustee will each restrict access to confidential information relating to such security procedures funds being transferred to or from the Trust Account to authorized persons. Each party must notify the other party immediately if it has reason to believe unauthorized persons may have obtained access to such confidential information, or of any change in its authorized personnel. In executing funds transfers, the Trustee shall will rely upon all information supplied to it by the Company, including, including account names, account numbers, and all other identifying information relating to a Beneficiarybeneficiary, Beneficiarybeneficiary’s bank bank, or intermediary bank. Except for any liability arising out of the Trustee’s gross negligence, fraud fraud, or willful misconduct, the Trustee shall not be liable for any loss, liability liability, or expense resulting from any error in the information supplied to it or transmission of the fundsfunds transferred based on such information.

Appears in 13 contracts

Samples: Investment Management Trust Agreement (Embrace Change Acquisition Corp.), Investment Management Trust Agreement (Mars Acquisition Corp.), Investment Management Trust Agreement (Lakeshore Acquisition II Corp.)

Miscellaneous. (a) The Company and the Trustee each acknowledge that the Trustee will follow the security procedures set forth below with respect to funds transferred from the Trust Account. The Company and the Trustee will each restrict access to confidential information relating to such security procedures to authorized persons. Each party must notify the other party immediately if it has reason to believe unauthorized persons may have obtained access to such confidential information, or of any change in its authorized personnel. In executing funds transfers, the Trustee shall rely upon all information supplied to it by the Company, including, including account names, account numbers, and all other identifying information relating to a Beneficiarybeneficiary, Beneficiarybeneficiary’s bank or intermediary bank. Except for any liability arising out of the Trustee’s gross negligence, fraud or willful misconduct, the Trustee shall not be liable for any loss, liability or expense resulting from any error in the information or transmission of the funds.

Appears in 12 contracts

Samples: Investment Management Trust Agreement (Greencity Acquisition Corp), Investment Management Trust Agreement (Love & Health LTD), Investment Management Trust Agreement (Model Performance Acquisition Corp)

Miscellaneous. (a) The Company and the Trustee each acknowledge that the Trustee will follow the security procedures set forth below with respect to funds transferred from the Trust Account. The Company and the Trustee will each restrict access to confidential information relating to such security procedures to authorized persons. Each party must notify the other party immediately if it has reason to believe unauthorized persons may have obtained access to such confidential information, or of any change in its authorized personnel. In executing funds transfers, the Trustee shall rely upon all information supplied to it by the Company, including, account names, account numbers, and all other identifying information relating to a Beneficiarybeneficiary, Beneficiarybeneficiary’s bank or intermediary bank. Except for any liability arising out of the Trustee’s gross negligence, fraud or willful misconduct, the Trustee shall not be liable for any loss, liability or expense resulting from any error in the information or transmission of the funds.

Appears in 12 contracts

Samples: Investment Management Trust Agreement (LF Capital Acquisition Corp. II), Investment Management Trust Agreement (Conyers Park III Acquisition Corp.), Investment Management Trust Agreement (Conyers Park III Acquisition Corp.)

Miscellaneous. (a) The Company and the Trustee each acknowledge that the Trustee will follow the security procedures set forth below herein with respect to funds transferred from the Trust Account. The Company and the Trustee will each restrict access to confidential information relating to such security procedures to authorized persons. Each party must notify the other party immediately as promptly as practicable if it has reason to believe unauthorized persons may have obtained access to such confidential information, or of any change in its authorized personnel. In executing funds transfers, the Trustee shall rely upon all information supplied to it by the Company, including, account names, account numbers, and all other identifying information relating to a Beneficiary, Beneficiary’s bank or intermediary bank. Except for any liability arising out of of, in connection with or resulting from the Trustee’s gross negligence, fraud or willful misconduct, the Trustee shall not be liable for any loss, liability or expense resulting from any error in the information or transmission of the funds.

Appears in 12 contracts

Samples: Investment Management Trust Agreement (Lazard Growth Acquisition Corp. I), Investment Management Trust Agreement (Lazard Fintech Acquisition Corp. I), Investment Management Trust Agreement (Semper Paratus Acquisition Corp)

Miscellaneous. (a) The Company and the Trustee each acknowledge that the Trustee will follow the security procedures set forth below with respect to funds transferred from the Trust Account. The Company and the Trustee will each restrict access to confidential information relating to such security procedures to authorized persons. Each party must notify the other party immediately if it has reason to believe unauthorized persons may have obtained access to such confidential information, or of any change in its authorized personnel. In executing funds transfers, the Trustee shall rely upon all information supplied to it by the Company, including, account names, account numbers, and all other identifying information relating to a Beneficiary, Beneficiary’s bank or intermediary bank. Except for any liability arising out of the Trustee’s gross negligence, fraud willful misconduct or willful misconductbad faith, the Trustee shall not be liable for any loss, liability or expense resulting from any error in the information or transmission of the funds.

Appears in 8 contracts

Samples: Investment Management Trust Agreement (First Light Acquisition Group, Inc.), Investment Management Trust Agreement (First Light Acquisition Group, Inc.), Investment Management Trust Agreement (First Light Acquisition Group, Inc.)

Miscellaneous. (a) The Company and the Trustee each acknowledge that the Trustee will follow the security procedures set forth below with respect to funds transferred from the Trust Account. The Company and the Trustee will each restrict access to confidential information relating to such security procedures to authorized persons. Each party must notify the other party immediately if it has reason to believe unauthorized persons may have obtained access to such confidential information, or of any change in its authorized personnel. In executing funds transfers, the Trustee shall rely upon all information supplied to it by the Company, including, account names, account numbers, and all other identifying information relating to a Beneficiary, Beneficiary’s bank or intermediary bank. Except for any liability arising out of the Trustee’s or its representatives’ gross negligence, fraud or willful misconduct, the Trustee shall not be liable for any loss, liability or expense resulting from any error in the information or transmission of the funds.

Appears in 8 contracts

Samples: Investment Management Trust Agreement (Zimmer Energy Transition Acquisition Corp.), Investment Management Trust Agreement (Zimmer Energy Transition Acquisition Corp.), Investment Management Trust Agreement (Banner Acquisition Corp.)

Miscellaneous. (a) The Company and the Trustee each acknowledge that the Trustee will follow the security procedures set forth below with respect to funds transferred from the Trust Account. The Company and the Trustee will each restrict access to confidential information relating to such security procedures to authorized persons. Each party must notify the other party immediately if it has reason to believe unauthorized persons may have obtained access to such confidential information, or of any change in its authorized personnel. In executing funds transfers, the Trustee shall rely upon all information supplied to it by the Company, including, account names, account numbers, and all other identifying information relating to a Beneficiary, a Beneficiary’s bank or an intermediary bank. Except for any liability arising out of the Trustee’s gross negligence, fraud or willful misconduct, the Trustee shall not be liable for any loss, liability or out-of-pocket expense resulting from any error in the information or transmission of the funds.

Appears in 8 contracts

Samples: Investment Management Trust Agreement (Social Capital Suvretta Holdings Corp. I), Investment Management Trust Agreement (Social Capital Suvretta Holdings Corp. II), Investment Management Trust Agreement (Social Capital Suvretta Holdings Corp. IV)

Miscellaneous. (a) The Company and the Trustee each acknowledge that the Trustee will follow the security procedures set forth below with respect to funds transferred from the Trust Account. The Company and the Trustee will each restrict access to confidential information relating to such security procedures to authorized persons. Each party must notify the other party immediately if it has reason to believe unauthorized persons may have obtained access to such confidential information, or of any change in its authorized personnel. In executing funds transfers, the Trustee shall rely upon all information supplied to it by the Company, including, account names, account numbers, and all other identifying information relating to a Beneficiary, Beneficiary’s bank or intermediary bank. Except for any liability arising out of the Trustee’s gross negligence, fraud negligence or willful misconduct, the Trustee shall not be liable for any loss, liability or expense resulting from any error in the information or transmission of the funds.

Appears in 7 contracts

Samples: Investment Management Trust Agreement (RMG Acquisition Corp. V), Investment Management Trust Agreement (RMG Acquisition Corp. VI), Investment Management Trust Agreement (RMG Acquisition Corp. V)

Miscellaneous. (a) The Company and the Trustee each acknowledge that the Trustee will follow the security procedures set forth below with respect to funds transferred from the Trust Account. The Company and the Trustee will each restrict access to confidential information relating to such security procedures to authorized persons. Each party must notify the other party immediately if it has reason to believe unauthorized persons may have obtained access to such confidential information, or of any change in its authorized personnel. In executing funds transfers, the Trustee shall rely upon all information supplied to it by the Company, including, including account names, account numbers, and all other identifying information relating to a Beneficiarybeneficiary, Beneficiarybeneficiary’s bank or intermediary bank. Except for any liability arising out of the Trustee’s gross negligence, fraud or willful misconduct, the Trustee shall not be liable for any loss, liability or expense resulting from any error in the information supplied to it or transmission of the fundsfunds based on such information.

Appears in 6 contracts

Samples: Investment Management Trust Agreement (SPAC II Acquisition Corp.), Investment Management Trust Agreement (Keen Vision Acquisition Corp.), Investment Management Trust Agreement (Keen Vision Acquisition Corp.)

Miscellaneous. (a) The Company and the Trustee each acknowledge that the Trustee will follow the security procedures set forth below with respect to funds transferred from the Trust Account. The Company and the Trustee will each restrict access to confidential information relating to such security procedures to authorized persons. Each party must notify the other party immediately if it has reason to believe unauthorized persons may have obtained access to such confidential information, or of any change in its authorized personnel. In executing funds transfers, the Trustee shall will rely upon all information supplied to it by the Company, including, including account names, account numbers, numbers and all other identifying information relating to a Beneficiarybeneficiary, Beneficiarybeneficiary’s bank or intermediary bank. Except for any liability arising out of the Trustee’s gross negligence, fraud or willful misconduct, the Trustee shall not be liable for any loss, liability or expense resulting from any error in the information or transmission of the funds.

Appears in 6 contracts

Samples: Investment Management Trust Agreement (Capitol Investment Corp. V), Investment Management Trust Agreement (BrightSpark Capitol Corp.), Investment Management Trust Agreement (Capitol Investment Corp. V)

Miscellaneous. (a) The Company and the Trustee each acknowledge that the Trustee will follow the security procedures set forth below with respect to funds transferred from the Trust Account. The Company and the Trustee will each restrict access to confidential information relating to such security procedures to authorized persons. Each party must notify the other party immediately if it has reason to believe unauthorized persons may have obtained access to such confidential information, or of any change in its authorized personnel. In executing funds transfers, the Trustee shall rely upon all information supplied to it by the Company, including, account names, account numbers, and all other identifying information relating to a Beneficiary, Beneficiary’s bank or intermediary bank. Except for any liability arising out of the Trustee’s ’s, or its representatives’, gross negligence, fraud fraud, or willful misconduct, the Trustee shall not be liable for any loss, liability or out-of-pocket expense resulting from any error in the information or transmission of the funds.

Appears in 6 contracts

Samples: Investment Management Trust Agreement (Simon Property Group Acquisition Holdings, Inc.), Investment Management Trust Agreement (Hawks Acquisition Corp), Investment Management Trust Agreement (Hawks Acquisition Corp)

Miscellaneous. (a) The Company and the Trustee each acknowledge that the Trustee will follow the security procedures set forth below with respect to funds transferred from the Trust Account. The Company and the Trustee will each restrict access to confidential information relating to such security procedures to authorized persons. Each party must notify the other party immediately if it has reason to believe unauthorized persons may have obtained access to such confidential information, or of any change in its authorized personnel. In executing funds transfers, the Trustee shall rely upon all information supplied to it by the Company, including, account names, account numbers, and all other identifying information relating to a Beneficiary, Beneficiary’s 's bank or intermediary bank. Except for any liability arising out of the Trustee’s 's gross negligence, fraud or willful misconduct, the Trustee shall not be liable for any loss, liability or expense resulting from any error in the information or transmission of the funds.

Appears in 6 contracts

Samples: Investment Management Trust Agreement (Digital World Acquisition Corp.), Investment Management Trust Agreement (Relativity Acquisition Corp), Investment Management Trust Agreement (Global Consumer Acquisition Corp)

Miscellaneous. (a) The Company and the Trustee each acknowledge that the Trustee will follow the security procedures set forth below herein with respect to funds transferred from the Trust Account. The Company and the Trustee will each restrict access to confidential information relating to such security procedures to authorized persons. Each party must notify the other party immediately if it has reason to believe unauthorized persons may have obtained access to such confidential information, or of any change in its authorized personnel. In executing funds transfers, the Trustee shall rely upon all information supplied to it by the Company, including, including account names, account numbers, and all other identifying information relating to a Beneficiary, Beneficiary’s bank or intermediary bank. Except for any liability arising out of the Trustee’s gross negligence, fraud or willful misconduct, the Trustee shall not be liable for any loss, liability or expense resulting from any error in the information or transmission of the funds.

Appears in 5 contracts

Samples: Investment Management Trust Agreement (Genesis Park Acquisition Corp.), Investment Management Trust Agreement (Genesis Park Acquisition Corp.), Investment Management Trust Agreement (Sarissa Capital Acquisition Corp.)

Miscellaneous. (a) The Company and the Trustee each acknowledge that the Trustee will follow the security procedures set forth below with respect to funds transferred from the Trust Account. The Company and the Trustee will each restrict access to confidential information relating to such security procedures to authorized persons. Each party must notify the other party immediately if it has reason to believe unauthorized persons may have obtained access to such confidential information, or of any change in its authorized personnel. In executing funds transfers, the Trustee shall will rely upon all information supplied to it by the Company, including, including account names, account numbers, numbers and all other identifying information relating to a Beneficiarybeneficiary, Beneficiary’s beneficiary's bank or intermediary bank. Except for any liability arising out of the Trustee’s 's gross negligence, fraud or willful misconduct, the Trustee shall not be liable for any loss, liability or expense resulting from any error in the information or transmission of the fundswire.

Appears in 4 contracts

Samples: Investment Management Trust Agreement (Tenzing Acquisition Corp.), Investment Management Trust Agreement (Eucrates Biomedical Acquisition Corp.), Investment Management Trust Agreement (Eucrates Biomedical Acquisition Corp.)

Miscellaneous. (a) The Company and the Trustee each acknowledge that the Trustee will follow the security procedures set forth below with respect to funds transferred from the Trust Account. The Company and the Trustee will each restrict access to confidential information relating to such security procedures funds being transferred to or from the Trust Account to authorized persons. Each party must notify the other party immediately if it has reason to believe unauthorized persons may have obtained access to such confidential information, or of any change in its authorized personnel. In executing funds transfers, the Trustee shall will rely upon all information supplied to it by the Company, including, including account names, account numbers, and all other identifying information relating to a Beneficiarybeneficiary, Beneficiarybeneficiary’s bank bank, or intermediary bank. Except for any liability arising out of the Trustee’s gross negligence, fraud or willful misconduct, the Trustee shall not be liable for any loss, liability liability, or expense resulting from any error in the information supplied to it or transmission of the fundsfunds transferred based on such information.

Appears in 4 contracts

Samples: Investment Management Trust Agreement (Schultze Special Purpose Acquisition Corp. II), Investment Management Trust Agreement (Schultze Special Purpose Acquisition Corp. II), Investment Management Trust Agreement (Schultze Special Purpose Acquisition Corp. II)

Miscellaneous. (a) The Company and the Trustee each acknowledge that the Trustee will follow the security procedures set forth below with respect to funds transferred from the Trust Account. The Company and the Trustee will each restrict access to confidential information relating to such security procedures to authorized persons. Each party must notify the other party immediately if it has reason to believe unauthorized persons may have obtained access to such confidential information, or of any change in its authorized personnel. In executing funds transfers, the Trustee shall will rely upon all information supplied to it by the Company, including, including account names, account numbers, numbers and all other identifying information relating to a Beneficiary, Beneficiary’s bank or intermediary bank. Except for any liability arising out of the Trustee’s gross negligence, fraud or willful misconduct, the Trustee shall not be liable for any loss, liability or expense resulting from any error in the information or transmission of the fundswire.

Appears in 4 contracts

Samples: Investment Management Trust Agreement (Zi Toprun Acquisition Corp.), Investment Management Trust Agreement (Zi Toprun Acquisition Corp.), Investment Management Trust Agreement (Genesis Unicorn Capital Corp.)

Miscellaneous. (a) The Company and the Trustee each acknowledge that the Trustee will follow the security procedures set forth below with respect to funds transferred from the Trust Account. The Company and the Trustee will each restrict access to confidential information relating to such security procedures to authorized persons. Each party must notify the other party immediately as promptly as practicable if it has reason to believe unauthorized persons may have obtained access to such confidential information, or of any change in its authorized personnel. In executing funds transfers, the Trustee shall rely upon all information supplied to it by the Company, including, account names, account numbers, and all other identifying information relating to a Beneficiary, Beneficiary’s 's bank or intermediary bank. Except for any liability arising out of of, in connection with or resulting from the Trustee’s 's gross negligence, fraud or willful misconduct, the Trustee shall not be liable for any loss, liability or expense resulting from any error in the information or transmission of the funds.

Appears in 4 contracts

Samples: Investment Management Trust Agreement (CF Acquisition Corp. VI), Investment Management Trust Agreement (Cf Acquisition Corp. Iv), Investment Management Trust Agreement (CF Acquisition Corp. V)

Miscellaneous. (a) The Company and the Trustee each acknowledge that the Trustee will follow the security procedures set forth below with respect to funds transferred from the Trust Account. The Company and the Trustee will each restrict access to confidential information relating to such security procedures to authorized persons. Each party must notify the other party immediately if it has reason to believe unauthorized persons may have obtained access to such confidential information, information or of any change in its authorized personnel. In executing funds transfers, the Trustee shall rely upon all information supplied to it by the Company, including, account names, account numbers, and all other identifying information relating to a Beneficiary, Beneficiary’s bank or intermediary bank. Except for any liability arising out of the Trustee’s gross negligence, fraud or willful misconduct, the Trustee shall not be liable for any loss, liability or expense resulting from any error in the information or transmission of the funds.

Appears in 4 contracts

Samples: Investment Management Trust Agreement (Fortune Joy International Acquisition Corp), Investment Management Trust Agreement (Fortune Joy International Acquisition Corp), Investment Management Trust Agreement (Fortune Joy International Acquisition Corp)

Miscellaneous. (a) The Company and the Trustee each acknowledge that the Trustee will follow the security procedures set forth below with respect to funds transferred from the Trust Account. The Company and the Trustee will each restrict access to confidential information relating to such security procedures to authorized persons. Each party must notify the other party immediately if it has reason to believe unauthorized persons may have obtained access to such confidential information, or of any change in its authorized personnel. In executing funds transfers, the Trustee shall rely upon all information supplied to it by the Company, including, including account names, account numbers, and all other identifying information relating to a Beneficiary, Beneficiary’s 's bank or intermediary bank. Except for any liability arising out of the Trustee’s 's gross negligence, fraud or willful misconduct, the Trustee shall not be liable for any loss, liability or expense resulting from any error in the information or transmission of the funds.

Appears in 4 contracts

Samples: Investment Management Trust Agreement (Papaya Growth Opportunity Corp. I), Investment Management Trust Agreement (Papaya Growth Opportunity Corp. I), Investment Management Trust Agreement (Papaya Growth Opportunity Corp. I)

Miscellaneous. (a) The Company and the Trustee each acknowledge that the Trustee will follow the security procedures set forth below with respect to funds transferred from the Trust Account. The Company and the Trustee will each restrict access to confidential information relating to such security procedures to authorized persons. Each party must notify the other party immediately if it has reason to believe unauthorized persons may have obtained access to such confidential information, or of any change in its authorized personnel. In executing funds transfers, the Trustee shall will rely upon all information supplied to it by the Company, including, including account names, account numbers, and all other identifying information relating to a Beneficiary, Beneficiary’s bank bank, or intermediary bank. Except for any liability arising out of the Trustee’s gross negligence, fraud or willful misconduct, the Trustee shall not be liable for any loss, liability liability, or out-of-pocket expense resulting from any error in the information supplied to it or transmission of the fundsfunds transferred based on such information.

Appears in 3 contracts

Samples: Investment Management Trust Agreement (Bellevue Life Sciences Acquisition Corp.), Investment Management Trust Agreement (Bellevue Life Sciences Acquisition Corp.), Investment Management Trust Agreement (Bellevue Life Sciences Acquisition Corp.)

AutoNDA by SimpleDocs

Miscellaneous. (a) The Company and the Trustee each acknowledge that the Trustee will follow the security procedures set forth below with respect to funds transferred from the Trust Account. The Company and the Trustee will each restrict access to confidential information relating to such security procedures to authorized persons. Each party must notify the other party immediately if it has reason to believe unauthorized persons may have obtained access to such confidential information, or of any change in its authorized personnel. In executing funds transfers, the Trustee shall rely upon all information supplied to it by the Company, including, account names, account numbers, and all other identifying information relating to a Beneficiary, Beneficiary’s bank or intermediary bank. Except for any liability arising out of the Trustee’s or its representatives’, gross negligence, fraud or willful misconduct, the Trustee shall not be liable for any loss, liability or expense resulting from any error in the information or transmission of the funds.

Appears in 3 contracts

Samples: Investment Management Trust Agreement (Valuence Merger Corp. I), Trust Agreement (Ares Acquisition Corp), Trust Agreement (Ares Acquisition Corp)

Miscellaneous. (a) The Company Corporation and the Trustee each acknowledge that the Trustee will follow the security procedures set forth below with respect to funds transferred from the Trust Account. The Company Corporation and the Trustee will each restrict access to confidential information relating to such security procedures to authorized persons. Each party must notify the other party immediately if it has reason to believe unauthorized persons may have obtained access to such confidential information, or of any change in its authorized personnel. In executing funds transfers, the Trustee shall rely upon all information supplied to it by the CompanyCorporation, including, account names, account numbers, and all other identifying information relating to a Beneficiary, Beneficiary’s bank or intermediary bank. Except for any liability arising out of the Trustee’s gross negligence, fraud fraud, bad faith or willful misconduct, the Trustee shall not be liable for any loss, liability or expense resulting from any error in the information or transmission of the funds.

Appears in 3 contracts

Samples: Investment Management Trust Agreement (Modern Media Acquisition Corp.), Investment Management Trust Agreement (Modern Media Acquisition Corp.), Investment Management Trust Agreement (Modern Media Acquisition Corp.)

Miscellaneous. (a) The Company Subsidiary and the Trustee each acknowledge that the Trustee will follow the security procedures set forth below with respect to funds transferred from the Trust Account. The Company Subsidiary and the Trustee will each restrict access to confidential information relating to such security procedures to authorized persons. Each party must notify the other party immediately if it has reason to believe unauthorized persons may have obtained access to such confidential information, or of any change in its authorized personnel. In executing funds transfers, the Trustee shall rely upon all information supplied to it by the CompanySubsidiary, including, account names, account numbers, and all other identifying information relating to a Beneficiary, Beneficiary’s bank or intermediary bank. Except for any liability arising out of the Trustee’s gross negligence, fraud or willful misconduct, the Trustee shall not be liable for any loss, liability or expense resulting from any error in the information or transmission of the funds.

Appears in 3 contracts

Samples: Investment Management Trust Agreement (JWC Acquisition Corp.), Investment Management Trust Agreement (JWC Acquisition Corp.), Investment Management Trust Agreement (JWC Acquisition Corp.)

Miscellaneous. (a) The Company Subsidiary and the Trustee each acknowledge that the Trustee will follow the security procedures set forth below with respect to funds transferred from the Trust Account. The Company Subsidiary and the Trustee will each restrict access to confidential information relating to such security procedures to authorized persons. Each party must notify the other party immediately if it has reason to believe unauthorized persons may have obtained access to such confidential information, or of any change in its authorized personnel. In executing funds transfers, the Trustee shall rely upon all information supplied to it by the CompanySubsidiary, including, account names, account numbers, and all other identifying information relating to a Beneficiarybeneficiary, Beneficiarybeneficiary’s bank or intermediary bank. Except for any liability arising out of the Trustee’s gross negligence, fraud or willful misconduct, the Trustee shall not be liable for any loss, liability or expense resulting from any error in the information or transmission of the funds.

Appears in 3 contracts

Samples: Investment Management Trust Agreement (L&L Acquisition Corp.), Investment Management Trust Agreement (L&L Acquisition Corp.), Investment Management Trust Agreement (L&L Acquisition Corp.)

Miscellaneous. (a) The Company and the Trustee each acknowledge that the Trustee will follow the security procedures set forth below with respect to funds transferred from the Trust Account. The Company and the Trustee will each restrict access to confidential information relating to such security procedures to authorized persons. Each party must notify the other party immediately if it has reason to believe unauthorized persons may have obtained access to such confidential information, or of any change in its authorized personnel. In executing funds transfers, the Trustee shall rely upon all information supplied to it by the Company, including, account names, account numbers, and all other identifying information relating to a Beneficiary, Beneficiary’s bank or intermediary bank. Except for any liability arising out of the Trustee’s gross negligence, fraud or willful wilful misconduct, the Trustee shall not be liable for any loss, liability or expense resulting from any error in the information or transmission of the funds.

Appears in 3 contracts

Samples: Investment Management Trust Agreement (RF Acquisition Corp.), Investment Management Trust Agreement (RF Acquisition Corp.), Investment Management Trust Agreement (RF Acquisition Corp.)

Miscellaneous. (a) The Company and the Trustee each acknowledge that the Trustee will follow the security procedures set forth below with respect to funds transferred from the Trust Account. The Company and the Trustee will each restrict access to confidential information relating to such security procedures to authorized persons. Each party must notify the other party immediately if it has reason to believe unauthorized persons may have obtained access to such confidential information, or of any change in its authorized personnel. In executing funds transfers, the Trustee shall will rely upon all information supplied to it by the Company, including, account names, account numbers, and all other identifying information relating to a Beneficiarybeneficiary, Beneficiarybeneficiary’s bank or intermediary bank. Except for any liability arising out of the Trustee’s gross negligence, fraud or willful misconduct, the Trustee shall not be liable for any loss, liability or expense resulting from any error in the information or transmission of the fundswire.

Appears in 3 contracts

Samples: Investment Management Trust Agreement (Arcade China Acquisition Corp), Investment Management Trust Agreement (Arcade China Acquisition Corp), Investment Management Trust Agreement (Arcade China Acquisition Corp)

Miscellaneous. (ai) The Company and the Trustee each acknowledge that the Trustee will follow the security procedures set forth below with respect to funds transferred from the Trust Account. The Company and the Trustee will each restrict access to confidential information relating to such security procedures to authorized persons. Each party must notify the other party immediately if it has reason to believe unauthorized persons may have obtained access to such confidential information, or of any change in its authorized personnel. In executing funds transfers, the Trustee shall rely upon all information supplied to it by the Company, including, account names, account numbers, and all other identifying information relating to a Beneficiary, Beneficiary’s bank or intermediary bank. Except for any liability arising out of the Trustee’s gross negligence, fraud or willful misconduct, the Trustee shall not be liable for any loss, liability or expense resulting from any error in the information or transmission of the funds.

Appears in 3 contracts

Samples: Investment Management Trust Agreement (Altimar Acquisition Corp.), Investment Management Trust Agreement (Altimar Acquisition Corp.), Investment Management Trust Agreement (Altimar Acquisition Corp.)

Miscellaneous. (a) The Company and the Trustee each acknowledge that the Trustee will follow the security procedures set forth below with respect to funds transferred from the Trust Account. The Company and the Trustee will each restrict access to confidential information relating to such security procedures to authorized persons. Each party must notify the other party immediately if it has reason to believe unauthorized persons may have obtained access to such confidential information, or of any change in its authorized personnel. In executing funds transfers, the Trustee shall rely upon all information supplied to it by the Company, including, account names, account numbers, and all other identifying information relating to a Beneficiary, Beneficiary’s bank or intermediary bank. Except for any liability arising out of of, in connection with or resulting from the Trustee’s gross negligence, fraud or willful misconduct, the Trustee shall not be liable for any loss, liability or out-of-pocket expense resulting from any error in the information or transmission of the funds.

Appears in 2 contracts

Samples: Investment Management Trust Agreement (Worldwide Webb Acquisition Corp.), Investment Management Trust Agreement (Worldwide Webb Acquisition Corp.)

Miscellaneous. (a) The Company and the Trustee each acknowledge that the Trustee will follow the security procedures set forth below with respect to funds transferred from the Trust Account. The Company and the Trustee will each restrict access to confidential information relating to such security procedures to authorized persons. Each party must notify the other party immediately if it has reason to believe unauthorized persons may have obtained access to such confidential information, or of any change in its authorized personnel. In executing funds transfers, the Trustee shall will rely upon all information supplied to it by the Company, including, including account names, account numbers, numbers and all other identifying information relating to a Beneficiary, Beneficiary’s bank or intermediary bank. Except for any liability arising out of the Trustee’s bad faith, gross negligence, fraud or willful misconduct, the Trustee shall not be liable for any loss, liability or expense resulting from any error in the information or transmission of the funds.

Appears in 2 contracts

Samples: Investment Management Trust Agreement (Kismet Acquisition One Corp), Investment Management Trust Agreement (Moose Pond Acquisition Corp, NCV I)

Miscellaneous. (a) The Company and the Trustee each acknowledge that the Trustee will follow the security procedures set forth below with respect to funds transferred from the Trust Account. The Company and the Trustee will each restrict access to confidential information relating to such security procedures to authorized persons. Each party must notify the other party immediately if it has reason to believe unauthorized persons may have obtained access to such confidential information, or of any change in its authorized personnel. In executing funds transfers, the Trustee shall rely upon all information supplied to it by the Company, including, including account names, account numbers, and all other identifying information relating to a Beneficiary, Beneficiary’s bank or intermediary bank. Except for any liability arising out of the Trustee’s gross negligence, fraud or willful misconduct, the Trustee shall not be liable for any loss, liability or expense resulting from any error in the information or transmission of the funds.

Appears in 2 contracts

Samples: Investment Management Trust Agreement (Callodine Acquisition Corp), Investment Management Trust Agreement (Category Leader Partner Corp 1)

Miscellaneous. (a) 41. The Company and the Trustee each acknowledge that the Trustee will follow the security procedures set forth below with respect to funds transferred from the Trust Account. The Company and the Trustee will each restrict access to confidential information relating to such security procedures to authorized persons. Each party must notify the other party immediately if it has reason to believe unauthorized persons may have obtained access to such confidential information, or of any change in its authorized personnel. In executing funds transfers, the Trustee shall rely upon all information supplied to it by the Company, including, account names, account numbers, and all other identifying information relating to a Beneficiary, Beneficiary’s bank or intermediary bank. Except for any liability arising out of the Trustee’s gross negligence, fraud or willful misconduct, the Trustee shall not be liable for any loss, liability or expense resulting from any error in the information or transmission of the funds.

Appears in 2 contracts

Samples: Investment Management Trust Agreement (Bayview Acquisition Corp), Investment Management Trust Agreement (Bayview Acquisition Corp)

Miscellaneous. (a) The Company and the Trustee each acknowledge that the Trustee will follow the security procedures set forth below with respect to funds transferred from the Trust Account. The Company and the Trustee will each restrict access to confidential information relating to such security procedures to authorized persons. Each party must notify the other party immediately if it has reason to believe unauthorized persons may have obtained access to such confidential information, or of any change in its authorized personnel. In executing funds transfers, the Trustee shall rely upon all information supplied to it by the Company, including, account names, account numbers, and all other identifying information relating to a Beneficiary, Beneficiary’s bank or intermediary bank. Except for any liability arising out of the Trustee’s gross negligence, fraud or willful misconduct, the Trustee shall not be liable for any loss, liability or expense resulting from any error in the information or transmission of the funds.

Appears in 2 contracts

Samples: Investment Management Trust Agreement (Pure Acquisition Corp.), Investment Management Trust Agreement (Pure Acquisition Corp.)

Miscellaneous. (a) The Company and the Trustee each acknowledge that the Trustee will follow the security procedures set forth below with respect to funds transferred from the Trust Account. The Company and the Trustee will each restrict access to confidential information relating to such security procedures to authorized persons. Each party must notify the other party immediately if it has reason to believe unauthorized persons may have obtained access to such confidential information, or of any change in its authorized personnel. In executing funds transfers, the Trustee shall rely upon all information supplied to it by the Company, including, account names, account numbers, and all other identifying information relating to a Beneficiarythe Beneficiaries, Beneficiary’s Beneficiaries’ bank or intermediary bank. Except for any liability arising out of the Trustee’s gross negligence, fraud or willful misconduct, the Trustee shall not be liable for any loss, liability or out-of-pocket expense resulting from any error in the information or transmission of the funds.

Appears in 2 contracts

Samples: Investment Management Trust Agreement (AXIOS Sustainable Growth Acquisition Corp), Investment Management Trust Agreement (AXIOS Sustainable Growth Acquisition Corp)

Miscellaneous. (a) The a)The Company and the Trustee each acknowledge that the Trustee will follow the security procedures set forth below with respect to funds transferred from the Trust Account. The Company and the Trustee will each restrict access to confidential information relating to such security procedures to authorized persons. Each party must notify the other party immediately if it has reason to believe unauthorized persons may have obtained access to such confidential information, or of any change in its authorized personnel. In executing funds transfers, the Trustee shall rely upon all information supplied to it by the Company, including, account names, account numbers, and all other identifying information relating to a Beneficiary, Beneficiary’s bank or intermediary bank. Except for any liability arising out of the Trustee’s gross negligence, fraud or willful misconduct, the Trustee shall not be liable for any loss, liability or expense resulting from any error in the information or transmission of the funds.

Appears in 2 contracts

Samples: Investment Management Trust Agreement (Tastemaker Acquisition Corp.), Investment Management Trust Agreement (Tastemaker Acquisition Corp.)

Miscellaneous. (a) The Company and the Trustee each acknowledge that the Trustee will follow the security procedures set forth below with respect to funds transferred from the Trust Account. The Company and the Trustee will each restrict access to confidential information relating to such security procedures to authorized persons. Each party must notify the other party immediately if it has reason to believe unauthorized persons may have obtained access to such confidential information, or of any change in its authorized personnel. In executing funds transfers, the Trustee shall will rely upon all information supplied to it by the Company, including, including account names, account numbers, numbers and all other identifying information relating to a Beneficiary, Beneficiary’s bank or intermediary bank. Except for any liability arising out of the Trustee’s gross negligence, fraud or willful misconduct, the Trustee shall not be liable for any loss, liability or expense resulting from any error in the information or transmission of the funds.wire. {N0382052 2 }

Appears in 2 contracts

Samples: Investment Management Trust Agreement (Zi Toprun Acquisition Corp.), Investment Management Trust Agreement (Zi Toprun Acquisition Corp.)

Miscellaneous. (a) The Company and the Trustee each acknowledge that the Trustee will follow the security procedures set forth below with respect to funds transferred from the Trust Account. The Company and the Trustee will each restrict access to confidential information relating to such security procedures to authorized persons. Each party must notify the other party immediately if it has reason to believe unauthorized persons may have obtained access to such confidential information, or of any change in its authorized personnel. In executing funds transfers, the Trustee shall rely upon all information supplied to it by the Company, including, account names, account numbers, and all other identifying information relating to a Beneficiary, Beneficiary’s bank or intermediary bank. Except for any liability arising out of the Trustee’s gross negligence, fraud or willful misconduct, the Trustee shall not be liable for any loss, liability or expense resulting from any error in the information or transmission of the funds.. EXECUTION VERSION

Appears in 1 contract

Samples: Investment Management Trust Agreement (Metals Acquisition Corp)

Miscellaneous. (a) The Company and the Trustee each acknowledge that the Trustee will follow the security procedures set forth below with respect to funds transferred from the Trust Account. The Company and the Trustee will each restrict access to confidential information relating to such security procedures to authorized persons. Each party must notify the other party immediately if it has reason to believe unauthorized persons may have obtained access to such confidential information, or of any change in its authorized personnel. In executing funds transfers, the Trustee shall rely upon all information supplied to it by the Company, including, account names, account numbers, and all other identifying information relating to a Beneficiary, Beneficiary’s bank or intermediary bank. Except for any liability arising out of the Trustee’s or its representatives’ gross negligence, fraud or willful misconduct, the Trustee shall not be liable for any loss, liability or out of pocket expense resulting from any error in the information or transmission of the funds.

Appears in 1 contract

Samples: Trust Agreement (Twist Investment Corp)

Miscellaneous. (a) The Company and the Trustee each acknowledge that the Trustee will follow the security procedures set forth below with respect to funds transferred from the Trust Account. The Company and the Trustee will each restrict access to confidential information relating to such security procedures to authorized persons. Each party must notify the other party immediately if it has reason to believe unauthorized persons may have obtained access to such confidential information, or of any change in its authorized personnel. In executing funds transfers, the Trustee shall rely upon all information supplied to it by the Company, including, account names, account numbers, and all other identifying information relating to a Beneficiary, Beneficiary’s bank or intermediary bank. Except for any liability arising out of the Trustee’s, or its representative’s gross negligence, fraud fraud, or willful misconduct, the Trustee shall not be liable for any loss, liability or expense resulting from any error in the information or transmission of the funds.

Appears in 1 contract

Samples: Investment Management Trust Agreement (Mission Space Acquisition Corp.)

Miscellaneous. (a) The Company and the Trustee each acknowledge that the Trustee will follow the security procedures set forth below with respect to funds transferred from the Trust Account. The Company and the Trustee will each restrict access to confidential information relating to such security procedures to authorized persons. Each party must notify the other party immediately if it has reason to believe unauthorized persons may have obtained access to such confidential information, or of any change in its authorized personnel. In executing funds transfers, the Trustee shall rely upon all information supplied to it by the Company, including, account names, account numbers, and all other identifying information relating to a Beneficiary, Beneficiary’s bank or intermediary bank. Except for any liability arising out of the Trustee’s ’s, or its representatives’ gross negligence, fraud fraud, or willful misconduct, the Trustee shall not be liable for any loss, liability or expense resulting from any error in the information or transmission of the funds.

Appears in 1 contract

Samples: Investment Management Trust Agreement (Broad Capital Acquisition Corp)

Miscellaneous. (ac) The Company and the Trustee each acknowledge that the Trustee will follow the security procedures set forth below with respect to funds transferred from the Trust Account. The Company and the Trustee will each restrict access to confidential information relating to such security procedures to authorized persons. Each party must notify the other party immediately if it has reason to believe unauthorized persons may have obtained access to such confidential information, or of any change in its authorized personnel. In executing funds transfers, the Trustee shall rely upon all information supplied to it by the Company, including, account names, account numbers, and all other identifying information relating to a Beneficiary, Beneficiary’s bank or intermediary bank. Except for any liability arising out of the Trustee’s gross negligence, fraud or willful misconduct, the Trustee shall not be liable for any loss, liability or expense resulting from any error in the information or transmission of the funds.

Appears in 1 contract

Samples: Trust Agreement (Velocity Merger Corp.)

Miscellaneous. (a) The Company and the Trustee each acknowledge that the Trustee will follow the security procedures set forth below with respect to funds transferred from the Trust Account. The Company and the Trustee will each restrict access to confidential information relating to such security procedures to authorized persons. Each party must notify the other party immediately if it has reason to believe unauthorized persons may have obtained access to such confidential information, or or, to the extent reasonably practicable, of any change in its authorized personnel. In executing funds transfers, the Trustee shall rely upon all information supplied to it by the Company, including, account names, account numbers, and all other identifying information relating to a Beneficiary, Beneficiary’s bank or intermediary bank. Except for any liability arising out of the Trustee’s gross negligence, fraud or willful misconduct, the Trustee shall not be liable for any loss, liability or expense resulting from any error in the information or transmission of the funds.

Appears in 1 contract

Samples: Investment Management Trust Agreement (Landcadia Holdings, Inc.)

Miscellaneous. (a) The Company and the Trustee each acknowledge that the Trustee will follow the security procedures set forth below with respect to funds transferred from the Trust Account. The Company and the Trustee will each restrict access to confidential information relating to such security procedures to authorized persons. Each party must notify the other party immediately if it has reason to believe unauthorized persons may have obtained access to such confidential information, or of any change in its authorized personnel. In executing funds transfers, the Trustee shall rely upon all information supplied to it by the Company, including, account names, account numbers, and all other identifying information relating to a Beneficiary, Beneficiary’s bank or intermediary bank. Except for any liability arising out of the Trustee’s gross negligence, ,fraud or willful misconduct, the Trustee shall not be liable for any loss, liability or expense resulting from any error in the information or transmission of the funds.

Appears in 1 contract

Samples: Investment Management Trust Agreement (HH&L Acquisition Co.)

Miscellaneous. (a) The Company and the Trustee each acknowledge that the Trustee will follow the security procedures set forth below herein with respect to funds transferred from the Trust Account. The Company and the Trustee will each restrict access to confidential information relating to such security procedures to authorized persons. Each party must notify the other party immediately if it has reason to believe unauthorized persons may have obtained access to such confidential information, or of any change in its authorized personnel. In executing funds transfers, the Trustee shall rely upon all information supplied to it by the Company, including, account names, account numbers, and all other identifying information relating to a Beneficiary, Beneficiary’s bank or intermediary bank. Except for any liability arising out of the Trustee’s gross negligence, bad faith, fraud or willful misconduct, the Trustee shall not be liable for any loss, liability or out-of-pocket expense resulting from any error in the information or transmission of the funds.

Appears in 1 contract

Samples: Investment Management Trust Agreement (SportsTek Acquisition Corp.)

Miscellaneous. (a) The Company and the Trustee each acknowledge that the Trustee will follow the security procedures set forth below with respect to funds transferred from the Trust Account. The Company and the Trustee will each restrict access to confidential information relating to such security procedures to authorized persons. Each party must notify the other party immediately if it has reason to believe unauthorized persons may have obtained access to such confidential information, or of any change in its authorized personnel. In executing funds transfers, the Trustee shall rely upon all information supplied to it by the Company, including, account names, account numbers, and all other identifying information relating to a Beneficiary, Beneficiary’s bank or intermediary bank. Except for any liability arising out of the Trustee’s gross negligence, fraud fraud, willful misconduct or willful misconductbad faith, the Trustee shall not be liable for any loss, liability or expense resulting from any error in the information or transmission of the funds.

Appears in 1 contract

Samples: Trust Agreement (Gefen Landa Acquisition Corp.)

Miscellaneous. (a) The Company and the Trustee each acknowledge that the Trustee will follow the security procedures set forth below herein with respect to funds transferred from the Trust Account. The Company and the Trustee will each restrict access to confidential information relating to such security procedures to authorized persons. Each party must notify the other party immediately if it has reason to believe unauthorized persons may have obtained access to such confidential information, or of any change in its authorized personnel. In executing funds transfers, the Trustee shall will rely upon all information supplied to it by the Company, including, including account names, account numbers, and all other identifying information relating to a Beneficiary, Beneficiary’s bank or intermediary bank. Except for any liability arising out of the Trustee’s gross negligence, fraud or willful misconduct, the Trustee shall not be liable for any loss, liability or expense resulting from any error in the information or transmission of the funds.

Appears in 1 contract

Samples: Investment Management Trust Agreement (Motor City Acquisition Corp.)

Miscellaneous. (a) The Company and the Trustee each acknowledge that the Trustee will follow the security procedures set forth below with respect to funds transferred from the Trust Account. The Company and the Trustee will each restrict access to confidential information relating to such security procedures to authorized persons. Each party must notify the other party immediately if it has reason to believe unauthorized persons may have obtained access to such confidential information, or of any change in its authorized personnel. In executing funds transfers, the Trustee shall rely upon all information supplied to it by the Company, including, account names, account numbers, and all other identifying information relating to a Beneficiary, Beneficiary’s bank bank, or intermediary bank. Except for any liability arising out of the Trustee’s gross negligence, fraud or willful misconduct, the Trustee shall not be liable for any loss, liability or expense resulting from any error in the information or transmission of the funds.

Appears in 1 contract

Samples: Investment Management Trust Agreement (Pono Capital Three, Inc.)

Miscellaneous. (a) The Company and the Trustee each acknowledge that the Trustee will follow the security procedures set forth below with respect to funds transferred from the Trust Account. The Company and the Trustee will each restrict access to confidential information relating to such security procedures to authorized persons. Each party must notify the other party immediately if it has reason to believe unauthorized persons may have obtained access to such confidential information, or of any change in its authorized personnel. In executing funds transfers, the Trustee shall will rely upon all information supplied to it by the Company, including, including account names, account numbers, numbers and all other identifying information relating to a Beneficiarybeneficiary, Beneficiarybeneficiary’s bank or intermediary bank. Except for any liability arising out of the Trustee’s gross negligence, fraud negligence or willful misconduct, the Trustee shall not be liable for any loss, liability or expense resulting from any error in the information or transmission of the funds.

Appears in 1 contract

Samples: Investment Management Trust Agreement (Financial Strategies Acquisition Corp.)

Miscellaneous. (a) The Company and the Trustee each acknowledge that the Trustee will follow the security procedures set forth below with respect to funds transferred from the Trust Account. The Company and the Trustee will each restrict access to confidential information relating to such security procedures to authorized persons. Each party must notify the other party immediately as promptly as practicable if it has reason to believe unauthorized persons may have obtained access to such confidential information, or of any change in its authorized personnel. In executing funds transfers, the Trustee shall rely upon all information supplied to it by the Company, including, account names, account numbers, and all other identifying information relating to a Beneficiary, Beneficiary’s bank or intermediary bank. Except for any liability arising out of of, in connection with or resulting from the Trustee’s gross negligence, fraud fraud, willful misconduct or willful misconductbreach of this Agreement, the Trustee shall not be liable for any loss, liability or expense resulting from any error in the information or transmission of the funds.

Appears in 1 contract

Samples: Investment Management Trust Agreement (CF Finance Acquisition Corp.)

Time is Money Join Law Insider Premium to draft better contracts faster.