Manager’s Investment Sample Clauses

Manager’s Investment. Approximately $34 million dollars is planned to be invested in property and equipment over the Term of this Agreement to make improvements within and to Playland Park upon receipt of necessary approvals for all of the activities that are to take place at Playland Park consistent with the Manager’s response to the County’s RFP, which shall include but not be limited to the following projects: Amusement Park, Beach and Water Deck Indoor Field House and Outdoor Fields Indoor and potential Outdoor Ice Skating Restaurants/Multi-use Event Space Open Space Such expenditures will comprise a combination of investments the Manager itself will make within certain areas of the Park and investments to be made by the Approved Subcontractors within the Park. All such expenditures shall be made by the Manager or Approved Subcontractors from equity or debt sources of its or their own choosing without any commitment of funds from the County (except as may otherwise be specifically set forth herein). The improvements resulting from such expenditures shall become the property of the County at such time as the improvement is completed. To the extent permitted by law, the parties making such investments shall have the rights and liabilities of an owner for tax purposes under the Internal Revenue Code, including but not limited to, the right to depreciate such improvements, to the extent depreciable. The Manager shall provide the Director of Risk Management with a list, to be updated as necessary, of all such improvements upon their completion. It is the Manager’s duty to advise the Director of Risk Management of any and all improvements upon their completion in order for the proper insurance coverage to be placed into effect in accordance with Section 21 below. The Manager shall provide the Director of Risk Management with any and all details necessary to provide the appropriate insurance coverage for that improvement,
Sample 1
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Manager’s Investment. The Manager, together with its Affiliates, shall at all times until the earlier to occur of the removal or resignation of the Manager in accordance with this Agreement or the termination of the Trust in accordance with the Trust Agreement, hold title, directly or indirectly, to 5% (five percent) of the total outstanding CBFIs (the “5% Requirement”); provided, that:
Sample 1

Related to Manager’s Investment

  • Investment Advisors and Investment Managers An Investment Entity established in Estonia that is a financial institution solely because it (1) renders investment advice to, and acts on behalf of, or (2) manages portfolios for, and acts on behalf of, a customer for the purposes of investing, managing, or administering funds deposited in the name of the customer with a Financial Institution other than a Nonparticipating Financial Institution.

  • Investment Advisor The Buyer is an investment advisor registered under the Investment Advisors Act of 1940.

  • Sponsored, Closely Held Investment Vehicle An Estonian Financial Institution satisfying the following requirements:

  • Member Capital Contributions (Check One) ☐ - Single Member LLC: The Member may make such capital contributions (each a “Capital Contribution”) in such amounts and at such times as the Member shall determine. The Member shall not be obligated to make any Capital Contributions. The Member may take distributions of the capital from time to time in accordance with the limitations imposed by the Statutes. ☐ - Multi-Member LLC: Each Member has contributed the following capital amounts to the Company as set forth below and are not obligated to make any additional capital contributions: $ $ $ Members shall have no right to withdraw or reduce their contributions to the capital of the Company until the Company has been terminated unless otherwise set forth herein. Members shall have no right to demand and receive any distribution from the Company in any form other than cash and members shall not be entitled to interest on their capital contributions to the Company. The liability of any Member for the losses, debts, liabilities and obligations of the Company shall be limited to the amount of the capital contribution of each Member plus any distributions paid to such Member, such Member’s share of any undistributed assets of the Company; and (only to the extent as might be required by applicable law) any amounts previously distributed to such Member by the Company.

  • Commingling, Exchange and Investment of the Contributions 2.1. The Contributions shall be accounted for as a single trust fund and shall be kept separate and apart from the funds of the Bank. The Contributions may be commingled with other trust fund assets maintained by the Bank.

  • Investment Management If and to the extent requested by the Advisor, the Sub-Advisor shall, subject to the supervision of the Advisor, manage all or a portion of the investments of the Portfolio in accordance with the investment objective, policies and limitations provided in the Portfolio's Prospectus or other governing instruments, as amended from time to time, the Investment Company Act of 1940 (the "1940 Act") and rules thereunder, as amended from time to time, and such other limitations as the Trust or Advisor may impose with respect to the Portfolio by notice to the Sub-Advisor. With respect to the portion of the investments of the Portfolio under its management, the Sub-Advisor is authorized to make investment decisions on behalf of the Portfolio with regard to any stock, bond, other security or investment instrument, and to place orders for the purchase and sale of such securities through such broker-dealers as the Sub-Advisor may select. The Sub-Advisor may also be authorized, but only to the extent such duties are delegated in writing by the Advisor, to provide additional investment management services to the Portfolio, including but not limited to services such as managing foreign currency investments, purchasing and selling or writing futures and options contracts, borrowing money or lending securities on behalf of the Portfolio. All investment management and any other activities of the Sub-Advisor shall at all times be subject to the control and direction of the Advisor and the Trust's Board of Trustees.

  • Members Capital Contributions Each Member shall contribute the amount as pledged, or as determined by the Manager and the Member, as the Member’s Initial Capital Contribution upon not less than 48 hours’ notice by the Manager. An Exhibit A may be amended from time to time by the Manager in its sole discretion to represent the current state of Capital Contributions by Members who may join to this Operating Agreement during the course of the business of the Company. The Manager may instead maintain the Capital Contributions, capital accounts and names of Members using its own office systems and personnel without updating or attaching an Exhibit A to this Operating Agreement.

  • Investments Make any Investments, except:

  • Previous Investments This Agreement shall also apply to investments made before its entry into force by investors of one Contracting Party in the territory of the other Contracting Party in accordance with the latter's laws and regulations.

  • Project-Related Investments The term “investment” or “invest” as used herein shall include not only investments made by the Company and any Sponsor Affiliates, but also to the fullest extent permitted by law, those investments made by or for the benefit of the Company or any Sponsor Affiliate with respect to the Project through federal, state, or local grants, to the extent such investments are subject to ad valorem taxes or FILOT payments by the Company. [End of Article I] ARTICLE II

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