Common use of Morgans Initial Capital Commitment Clause in Contracts

Morgans Initial Capital Commitment. Officers of the Morgans Parties shall deliver to DLJMB an officers’ certificate confirming that the Morgans Initial Capital Commitment has been credited to the purchase price of the Acquisition.

Appears in 2 contracts

Sources: Contribution Agreement (Morgans Hotel Group Co.), Contribution Agreement (Morgans Hotel Group Co.)