Investor Charter definition
Examples of Investor Charter in a sentence
Prior to the Closing, none of the funds held in the Trust Account may be released except (i) to pay income and franchise Taxes from any interest income earned in the Trust Account and (ii) to redeem shares of the Investor Pre-Closing Common Stock in accordance with the provisions of the Investor Charter.
The Investor Charter shall be amended and restated substantially in the form attached hereto as Exhibit B and the Bylaws of Investor shall be amended and restated in the form to be agreed by Investor and the Founder Members Designee.
At or as promptly as practicable after the earlier of (x) the Closing and (y) the time required by the Investor Charter, Investor shall make the cash payments required under Section 9.2 and Section 9.7 of the Investor Charter in respect of each such Redemption Share.
Prior to the Closing, except as otherwise provided in the Trust Agreement or Investor Charter, none of the funds held in the Trust Account may be released except (x) to pay income, franchise and other Tax obligations owed by Investor and to pay expenses related to investigating and selecting a target business and other working capital requirements and (y) to purchase shares of Class A Common Stock in accordance with the provisions of the Investor Charter, as set forth in the Investor SEC Documents.
The initial press release relating to this Agreement shall be a joint press release the text of which has been agreed to by each of the Investor, Charter and the Company.