Repayment of Investment Sample Clauses

Repayment of Investment. The ORGANIZATION agrees to repay to the CITY any and all investment made by the CITY to the ORGANIZATION in the event the ORGANIZATION does not satisfy the obligations of this agreement within one (1) year of the date of this agreement. In such event, the ORGANIZATION shall remit payment to the CITY within sixty (60) days of receiving the CITY’S written demand for repayment.
Sample 1
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Repayment of Investment. It is a condition of the Investment that Alberta Innovates has the right to require the Alberta Applicant to repay to Alberta Innovates any amounts of the Investment paid to the Alberta Applicant. This is the case where (i) the Alberta Applicant fails to comply with all required reporting obligations under the Agreement including, but not limited to, Section 6.4; (ii) a change request is not approved under Section 6.3; (iii) the Project is terminated by the Alberta Applicant Section 6.8; or (iv) the Investment is rescinded by Alberta Innovates due to a Default or Change of Control under Section 6.9 and 6.10. In any of these causes, any amount of the Investment previously advanced by Alberta Innovates to the Alberta Applicant constitutes a debt owed by the Alberta Applicant to Alberta Innovates. The debt owed is on a dollar for dollar basis together with interest, which accrues from and after the date of notice of rescission from Alberta Innovates at the prime rate for commercial loans fixed by the Alberta Treasury Branches as at such date, plus 3%. Such debt plus accrued interest is due and re-payable upon notice of rescission delivered by Alberta Innovates to the Alberta Applicant. The Alberta Applicant has forty-five (45) days from the date of the notice of rescission to repay the debt and accrued interest.
Sample 1
Repayment of Investment. Prior to any distribution of profits to Producer as set forth in Section 4.01, the Joint Venture shall reimburse Investor for the value of the Investment. Such reimbursement shall begin within thirty (30) days of the end of the first calendar month in which the Joint Venture receives income from, related to, or arising out of the of the Product or licensing the Product. The allocation of profits to Producer set forth in Section 4.01 shall only occur after the full value of the Investment has been paid to the Investor.
Sample 1
Repayment of Investment. CAPITAL Prior to any profit distributions to Investors or other third parties, PJTX\EARH and\or third All investors that have provided capital to the Joint Venture under Section 5.2.2 hereof, shall be reimbursed 100% of such investment capital prior to the payment of any kind of capital or cargo to any other person, entity or government.
Sample 1
Repayment of Investment. For providing said funds, PGE will be last money in and will be in the second position to recoup its funds, after PS initial $75,000. Subsequently 2nd tier equity owners receive Pari Passau with Pacific Gold Entertainment – 90% and PowerUp Studios 10%. For producing NOMBZ, PS will receive $75,000 first tier recoupment, after distribution and replication costs. Distribution Arrangement: The Territory: The Universe Term: 25 years Rights Granted: All media ( now known or hereafter) including, without limitations, and other devices, formats and methods whether or not invented, and all computer, electronic, internet and other media and rights of any kind, plus, all ancillary rights including merchandising, commercial tie-ins, music publishing and novelisation, audio, soundtrack, and publishing rights. Distribution Expenses: Daval Releasing will prepare a detailed marketing budget, marketing plan and sales estimates for approval and signed agreement by the Producer before expense is dispersed. Domestic Distribution: 25% net commission on sales, including pre-sales in North America through Daval releasing. Foreign Distribution: 25% net commission on sales, including pre-sales in the Territory excluding North America through Daval releasing. In consideration of a third party distributor or sales rep, the sales fees shall be allocated and capped to the equivalent or equal to a standard 25% sales fee. Rating: No more restrictive than TEEN. Titles rated T (Teen) have content that may be suitable for ages 13 and older. Titles in this category may contain violence, suggestive themes, crude humour, minimal blood, simulated gambling, and/or infrequent use of strong language Approvals: PGE and PS shall mutually approve the production and delivery schedules with the Producers of NOMBZ, also final delivery materials PS allows PGE Inc. meaningful consideration in the sale of the video game to domestic and international distributors. It is understood that final consideration shall be PGE, based on the best financial offer. PS shall own all intellectual property of the “NOMBZ” video game and any and all derivations thereof (including all trade name licenses and applications, if any, related thereto). PS agrees to distribute NOMBZ through the official website at: xxx.xxxxx.xxx at no extra costs to PGE. Delivery: In accordance with PGE, standard delivery schedule to be supplied separately, the receipt and approval of which by the Producer is a condition precedent to this Agreeme...
Sample 1
Repayment of Investment. For providing said funds, PGE will be in the first position to recoup its funds used to produce the video game. Following that, the equity owners, Pacific Gold Entertainment 90% and Powerup Studios 10%, will receive funds Pari Passau of the producer’s gross, of the entire game equity. For the purposes of calculating revenue from the sales of bundle packages containing both the game and the film the revenue shall be split in half unless otherwise agreed to in writing. Distribution Arrangement: The Territory: The Universe Term 25 years Rights Granted: All media ( now known or hereafter) including, without limitations, and other devices, formats and methods whether or not invented, and all computer, electronic, internet and other media and rights of any kind, plus, all ancillary rights including merchandising, commercial tie-ins, music publishing and novelisation, audio, soundtrack, and publishing rights. Rating:
Sample 1
Repayment of Investment 
Sample 1
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Related to Repayment of Investment

  • Repayment of Indebtedness Except as disclosed in the Registration Statement and the Prospectus, the Company does not intend to use any of the proceeds from the sale of the Shares to repay any debt owed to the Sales Agent or the Forward Seller or any affiliate thereof.

  • Prepayment of Indebtedness At any time, directly or indirectly, prepay any Indebtedness (other than to Lenders), or repurchase, redeem, retire or otherwise acquire any Indebtedness of any Borrower.

  • Payment of Indebtedness Pledgor will pay the principal sum of the Note secured hereby, together with interest thereon, at the time and in the manner provided in the Note.

  • Prepayments, Etc. of Indebtedness (a) None of the Covenant Parties shall, nor shall they permit any of their Restricted Subsidiaries to, directly or indirectly, prepay, redeem, purchase, defease or otherwise satisfy prior to the scheduled maturity thereof in any manner (it being understood that payments of regularly scheduled interest shall be permitted) the Senior Subordinated Debt, any subordinated Indebtedness incurred under Section 7.03(g) or any other Indebtedness that is required to be subordinated to the Obligations pursuant to the terms of the Loan Documents, but excluding any Existing Indebtedness or Outstanding Indebtedness (collectively, “Junior Financing”) or make any payment in violation of any subordination terms of any Junior Financing Documentation, except (i) the refinancing thereof with the Net Proceeds of any Indebtedness (to the extent such Indebtedness constitutes a Permitted Refinancing and, if such Indebtedness was originally incurred under Section 7.03(g), is permitted pursuant to Section 7.03(g)), to the extent not required to prepay any Loans pursuant to Section 2.05(b), (ii) the conversion of any Junior Financing to Equity Interests (other than Disqualified Equity Interests) of the Company or any of its direct or indirect parents, (iii) the prepayment of Indebtedness of any Covenant Party or any Restricted Subsidiary of a Covenant Party to the extent permitted by the Collateral Documents, (iv) any payments in respect of Senior Subordinated Debt constituting bridge loans with the proceeds of any other Junior Financing and (v) prepayments, redemptions, purchases, defeasances and other payments in respect of Junior Financings prior to their scheduled maturity in an aggregate amount not to exceed $250,000,000 plus, if the Total Leverage Ratio calculated on a Pro Forma Basis is less than or equal to 7.00 to 1.00, the portion, if any, of the Cumulative Credit on such date that Xxxxxxx elects to apply to this paragraph, such election to be specified in a written notice of a Responsible Officer of Xxxxxxx calculating in reasonable detail the amount of Cumulative Credit immediately prior to such election and the amount thereof elected to be so applied.

  • Restricted Payments; Certain Payments of Indebtedness (a) The Borrower will not, and will not permit any Restricted Subsidiary to, declare or make, or agree to pay or make, directly or indirectly, any Restricted Payment, except:

  • Repayment of Debt Upon the terms and subject to the conditions set forth herein, substantially concurrent with the execution and delivery of this Agreement by the parties hereto, the Company agrees to sell, and the Creditors, severally and not jointly, agree to cancel the Debt, up to an aggregate of $11,666.85 as the payment for the Shares at a price of $0.448725 per share. Each Creditor’s Debt Cancellation Amount as set forth on the signature page hereto executed by such Creditor shall be settled for “Delivery Versus Payment” with the Company. The Company shall deliver the Shares to the Creditors as the repayment of Debt within 30 days of this Agreement.

  • Prepayment of Debt Make any prepayment (whether optional or mandatory), repurchase, redemption, defeasance or any other payment in respect of any Subordinated Debt.

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