PROPOSED INVESTMENT Sample Clauses

PROPOSED INVESTMENT. Please indicate the amount of your proposed investment: $ .
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PROPOSED INVESTMENT. Please indicate the amount of your proposed investment: $______________________ Please state the investing entity’s net worth at the time the securities will be purchased: $________________
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PROPOSED INVESTMENT. Please indicate the amount of the entity’s proposed investment in the Company. $
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PROPOSED INVESTMENT. 1.1 ECF Operator CrowdPlus Sdn. Bhd.
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PROPOSED INVESTMENT. $900,000 The proposed investment will consist of a demand subordinated debenture on all of the Company's assets, including but not limited to technology, subject only to prior conventional chartered bank lending. The loan will bear interest at 10% compounded annually, payable monthly. The principal amount is due in full five years and one day from the date of disbursement or upon default. Repayable in full upon sale of the Company, change of control of the Company, sale of all or substantially all of the Company's assets or if SSI sells any of its shares in the Company. Default will consist of late or no payment of interest, default under any other financial obligation (except payables, may be extended to 60 days), upon action taken against the Company by any creditor or by inability to meet financial obligations as they come due. Additional conditions of default may be required as legal documentation proceeds.
Sample 1
PROPOSED INVESTMENT. Talent Set is to invest a total of US$57,308,548 (approximately HK$447 million) into Investco, as to US$8.55 million (approximately HK$66.7 million) in the form of equity and the remainder in the form of shareholder’s loan. LHC is to contribute US$450,000 (approximately HK$3.5 million) into Investco and US$133,269,944 (approximately HK$1,040 million) into the Project Company. LHC is to arrange for all other financing requirements of the Project Company and may charge a 1% guarantee fee on the principal amount of employment based fifth preference (EB-5) financing loan that may be secured by the Project Company and guaranteed by LHC. Returns and distributions Talent Set is entitled to receive 30% of the profit generated by the Sunnyvale Project up to a pre-agreed amount determined by reference to the internal rate of return (IRR) of the Sunnyvale Project beyond which Talent Set’s share of profits will be reduced on a pre-agreed scale. If Talent Set does not receive US$38 million from the Project Company on or before 30 November 2016 by way of repayment of shareholder’s loan, equity or profit distribution, LHC will be responsible for paying approximately US$28.7 million to Talent Set by that date and thereafter, for the next three years, to the extent that there is cash available for such repayment of shareholder’s loan, equity or profit distribution, Talent Set shall be entitled to have priority payments (whether by repayment of shareholder’s loan, equity or profit distribution) of agreed amounts ahead of other members of the Project Company and Investco. No payment is to be made to LHC by way of repayment of shareholder’s loan or return of equity or other distributions at any time before Talent Set receives the payments to which it is entitled at that time. Restrictions on transfer or pledge of interests LHC is required to maintain at least 40% effective interest in the Project Company and at least 5% voting participating shares in Investco, unless Talent Set otherwise agrees in writing. If LHC intends to transfer or pledge its membership interest of equal to or less than 30% in the Project Company in part or in whole to a third party, LHC shall notify Talent Set in writing in advance. Talent Set may not transfer or pledge its equity interest in Investco without the prior written consent of LHC. Protective provisions Talent Set is to have rights to nominate manager(s) to the boards of managers of Investco and the Project Company, certain information rights ...
Sample 1
PROPOSED INVESTMENT. Purchaser desires to invest in MMEX to facilitate funding of MMEX working capital and all or some portion of the payment schedules under the proposed option agreements through an preferred equity investment facility convertible into common equity shares of MMEX (the “Preferred Convertible Investment”);
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PROPOSED INVESTMENT 
Sample 1

Related to PROPOSED INVESTMENT

  • Restricted Investment Make or have, or permit any Subsidiary of Borrower to make or have, any Restricted Investment.

  • Regulated Investment Company Election If the Prospectus for a Trust states that such Trust intends to elect to be treated and to qualify as a "regulated investment company" as defined in the United States Internal Revenue Code of 1986, as amended, the Trustee is hereby directed to make such elections and take all actions, including any appropriate election to be taxed as a corporation, as shall be necessary to effect such qualification or to provide funds to make any distribution for a taxable year in order to avoid imposition of any income or excise tax on the Trust or on undistributed income in the Trust. The Trustee shall make such reviews of each Trust portfolio as shall be necessary to maintain qualification of a particular Trust as regulated investment company and to avoid imposition of tax on a Trust or undistributed income in a Trust, and the Depositor and Supervisor shall be authorized to rely conclusively upon such reviews."

  • Regulated Investment Company The Company has elected to be treated, and has operated, and intends to continue to operate, its business in such a manner so as to enable the Company to continue to qualify as a regulated investment company under Subchapter M of the Code. The Company intends to direct the investment of the proceeds of the offering of the Securities in such a manner as to comply with the requirements of Subchapter M of the Code.

  • PIPE Investment (a) Acquiror has delivered to the Company true, correct and complete copies of each of the Subscription Agreements entered into by Acquiror with the applicable PIPE Investors named therein, pursuant to which the PIPE Investors have committed to provide equity financing to Acquiror solely for purposes of consummating the Transactions in the aggregate amount of not less than $225,000,000 (the “PIPE Investment Amount”). To the knowledge of Acquiror, with respect to each PIPE Investor, the Subscription Agreement with such PIPE Investor is in full force and effect and has not been withdrawn or terminated, or otherwise amended or modified, in any respect, and no withdrawal, termination, amendment or modification is contemplated by Acquiror. Each Subscription Agreement is a legal, valid and binding obligation of Acquiror and, to the knowledge of Acquiror, each PIPE Investor, and neither the execution or delivery by any party thereto nor the performance of any party’s obligations under any such Subscription Agreement violates or will violate any Laws. There are no other agreements, side letters, or arrangements between Acquiror and any PIPE Investor that could affect the obligation of such PIPE Investors to contribute to Acquiror the applicable portion of the PIPE Investment Amount set forth in the Subscription Agreement of such PIPE Investors, and, as of the date hereof, Acquiror does not know of any facts or circumstances that may reasonably be expected to result in any of the conditions set forth in any Subscription Agreement not being satisfied, or the PIPE Investment Amount not being available to Acquiror, on the Closing Date. No event has occurred that, with or without notice, lapse of time or both, would constitute a default or breach on the part of Acquiror under any material term or condition of any Subscription Agreement and, as of the date hereof, Acquiror has no reason to believe that it will be unable to satisfy in all respects on a timely basis any condition to closing or material term to be satisfied by it contained in any Subscription Agreement. The Subscription Agreements contain all of the conditions precedent (other than the conditions contained in this Agreement) to the obligations of the PIPE Investors to contribute to Acquiror the applicable portion of the PIPE Investment Amount set forth in the Subscription Agreements on the terms therein.

  • Registered Investment Adviser The Sub-Adviser (i) is duly registered as an investment adviser under the Advisers Act and will continue to be so registered for so long as this Agreement remains in effect; (ii) is not prohibited by the 1940 Act or the Advisers Act from performing the services contemplated by this Agreement; (iii) has appointed a Chief Compliance Officer under Rule 206(4)-7 under the Advisers Act; (iv) has adopted written policies and procedures that are reasonably designed to prevent violations of the Advisers Act from occurring, and correct promptly any violations that have occurred, and will provide notice promptly to the Adviser of any material violations relating to the Fund; (v) has materially met and will seek to continue to meet for so long as this Agreement remains in effect, any other applicable federal or state requirements, or the applicable requirements of any regulatory or industry self-regulatory agency; and (vi) will promptly notify the Adviser of the occurrence of any event that would disqualify the Sub-Adviser from serving as an investment adviser of a registered investment company pursuant to Section 9(a) of the 1940 Act.

  • Acceptable Investment The Company has no knowledge of any circumstances or conditions with respect to the Mortgage Loan, the Mortgaged Property, the Mortgagor or the Mortgagor's credit standing that can reasonably be expected to cause private institutional investors to regard the Mortgage Loan as an unacceptable investment, cause the Mortgage Loan to become delinquent, or adversely affect the value or marketability of the Mortgage Loan;

  • Restricted Investments Make any Restricted Investment.

  • Investment Article 126.

  • Investment Canada Act The Purchaser is not a “non-Canadian” within the meaning of the Investment Canada Act.

  • Investment Assets Those assets of the Fund as the Advisor and the Fund shall specify in writing, from time to time, including cash, stocks, bonds and other securities that the Advisor deposits with the Custodian and places under the investment supervision of the Sub-Advisor, together with any assets that are added at a subsequent date or which are received as a result of the sale, exchange or transfer of such Investment Assets.

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