Trust Account. Buyer confirms that at least $249,453,951.61 is held in the Trust Account. Buyer covenants that the value of the Trust Account, as of any date of determination, shall not be less than $9.98 per share of Buyer common stock issued in the IPO subject to conversion and shall grant Seller view-only Internet access to the Trust Account to confirm such value.
Appears in 7 contracts
Samples: Stock Purchase Agreement (Armour Residential REIT, Inc.), Stock Purchase Agreement (Armour Residential REIT, Inc.), Stock Purchase Agreement (Enterprise Acquisition Corp.)
Trust Account. Buyer confirms and represents that at least as of the date of this Agreement not less than $249,453,951.61 41,400,000 is held in the Trust Account. Buyer covenants that the value of the Trust Account, as of any date of determination, shall not be less than $9.98 8.00 per share of Buyer common stock issued in the IPO subject to conversion and shall grant Seller view-only Internet access to conversion. As of the date of this Agreement, the pro rata amount held in the Trust Account to confirm such valuefor each share of Buyer’s common stock having Conversion Rights is $8.00.
Appears in 7 contracts
Samples: Stock Purchase Agreement (BBV Vietnam S.E.A. Acquisition Corp.), Stock Purchase Agreement (BBV Vietnam S.E.A. Acquisition Corp.), Stock Purchase Agreement (Centurion Credit Funding LLC)
Trust Account. Buyer confirms that at least $249,453,951.61 125,278,099 is held in the Trust Account. Buyer covenants that the value of the Trust Account, as of any date of determination, shall not be less than $9.98 9.79 per share of Buyer common stock issued in the IPO subject to conversion and shall grant Seller view-only Internet access to the Trust Account to confirm such value.
Appears in 2 contracts
Samples: Stock Purchase Agreement (Victory Park Capital Advisors, LLC), Stock Purchase Agreement (Victory Park Capital Advisors, LLC)
Trust Account. Buyer confirms that at least $249,453,951.61 $ 115,000,000 is held in the Trust Account. Buyer covenants that the value of the Trust Account, as of any date of determination, shall not be less than $9.98 10.00 per Buyer ordinary share of Buyer common stock issued in the IPO subject to conversion and shall grant Seller view-only Internet access to the Trust Account to confirm such value.
Appears in 2 contracts
Samples: Stock Purchase Agreement (Victory Park Capital Advisors, LLC), Stock Purchase Agreement (Victory Park Capital Advisors, LLC)
Trust Account. Buyer confirms that at least $249,453,951.61 538,796,312 is held in the Trust Account. Buyer covenants that the value of the Trust Account, as of any date of determination, shall not be less than $9.98 9.76 per share of Buyer common stock issued in the IPO subject to conversion and shall grant Seller view-only Internet access to the Trust Account to confirm such value.
Appears in 2 contracts
Samples: Stock Purchase Agreement (Victory Park Capital Advisors, LLC), Stock Purchase Agreement (Victory Park Capital Advisors, LLC)
Trust Account. Buyer confirms that at least $249,453,951.61 407,778,768 (less any taxes owed) is held in the Trust Account. Buyer covenants that the value of the Trust Account, as of any date of determination, shall not be less than $9.98 9.84 (less any taxes owed) per share of Buyer common stock issued in the IPO subject to conversion Share and shall grant Seller view-only Internet access to the Trust Account to confirm such value.
Appears in 2 contracts
Samples: Stock Purchase Agreement (Victory Park Capital Advisors, LLC), Stock Purchase Agreement (Victory Park Capital Advisors, LLC)
Trust Account. Buyer confirms that at least $249,453,951.61 247,708,000 is held in the Trust Account. Buyer covenants that the value of the Trust Account, as of any date of determination, shall not be less than $9.98 [9.91] per share of Buyer common stock issued in the IPO subject to conversion and shall grant Seller view-only Internet access to the Trust Account to confirm such value.
Appears in 1 contract
Samples: Stock Purchase Agreement (Prospect Acquisition Corp)
