Common use of Applicant Debts Clause in Contracts

Applicant Debts. Alberta Innovates reserves the right to withhold payment of any portion of the Investment if the Applicant incurs a debt to Alberta Innovates or its affiliates InnoTech Alberta Inc. or C-FER Technologies (1999) Inc. This Section Includes debts related to any agreements, projects or relationships between Alberta Innovates or its affiliates and the Applicant.

Appears in 27 contracts

Sources: Investment Agreement, Investment Agreement, Investment Agreement