Venture Capital Sample Clauses

Venture Capital. Employees may elect to contribute by means of payroll deduction to the new Venture Capital Fund selected by the Union. The fund identified by the Union is: Growth Works, Atlantic Venture Fund Ltd. These contributions will be deducted from all pay periods until the employee notifies the Compensation Department in writing that such deductions should cease.
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Venture Capital. Provision of Sub-financing and technical assistance to venture capital funds, selected in accordance with the criteria set forth in the Operational Procedures, for investing in technology financing and knowledge based companies managed on a commercial basis.
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Venture Capital. The term ‘‘venture capital’’ means capital in the form of equity capital investments, as that term is defined in section 683(g)(4) of this title. (Pub. L. 85–699, title III, § 381, as added Pub. L. 110–140, title XII, § 1207, Dec. 19, 2007, 121 Stat.
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Venture Capital. It is an important source of funds for technology based industries and new projects that find it difficult to raise funds directly from capital markets. In the period of 3 to 5 years, the venture capital tries to liquidate all its investment in the collaborative firm. International Issues: Indian firms can raise funds from international markets through: Depository Receipts (GDR) from worldwide markets, Foreign-Currency Convertible Bonds (FCCB), American-Depository Receipts (ADR) from American markets. However, only large firms are in a position to raise funds from global markets. Bonds Issued by m Institutions: There are various types of bonds issued by Financial Institutions. Bonds issued by financial institutions are:
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Venture Capital. Xxxxxxx and Wiener shall undertake to raise funds for Net Target from outside investors ("Venture Capitalists") in exchange for shares of stock of Net Target to be issued to the Venture Capitalists at a price no less than thirty-three cents ($0.33) per share (or, in the event the shares shall be issued in a class or series which is either voting stock or convertible to voting stock, the price per share shall be the equivalent of thirty-three cents ($0.33) per vote). Funds received from Venture Capitalists shall be held in escrow and no shares of stock of Net Target shall be issued unless and until Xxxxxxx and Xxxxxx are successful, on or before the Target Date, in obtaining funds for Net Target from Venture Capitalists in a minimum amount of either (i) five hundred thousand dollars ($500,000) from a single source or (ii) seven hundred fifty thousand dollars ($750,000) from two sources (the amount specified in (i) or (ii), whichever is applicable, will be referenced herein as the Exhibit 10(n) "Minimum Amount"). Funds shall be deemed to have come from a single source if such funds are received from an investor which, as a condition of its investment in Net Target, has required and received the right to exercise oversight control of Net Target. Such oversight control shall include, but not be limited to, the right to elect one or more members of the Board of Directors of Net Target. For purposes of this Section six (6), an investor may be an individual, a corporation, a partnership, a limited liability company, or other business entity organized and existing under the laws of any state or a group of related venture/affiliate funds and/or partners of such funds.
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Venture Capital. Xxxxxx Xxxxx is indirectly interested in 49.0% of the equity interest in Infinity (Zhuhai) Venture Capital. Infinity (Zhuhai) Venture Capital is principally engaged in fiduciary management of private equity funds, equity investment management, investment consultation (not involving financial information) and activities involving the establishment and trustee management of venture capital enterprises. REASONS FOR ENTERING INTO THE VIDEO PRODUCTION SERVICE AGREEMENTS As the Company has been enhancing the competitiveness of its core business, it is also seeking to diversify the business of the Group and explore new business opportunities. Through the Consultant Company, the Group possesses the necessary expertise and personnel to provide, inter-alias, consulting services with respect to convention, exhibition, conference, event planning and corporate video production, expanding its current principal activities of consulting services from financial consulting to consultancy in other aspects. By entering into the Video Production Service Agreements, the Company will be able to broaden income source and maximize Shareholders’ value.
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Venture Capital. Employees may elect to contribute by means of payroll deduction to C.F. of L. “Working Ventures” Fund. These contributions will be deducted from all pay periods until the employee notifies the Payroll Department in writing that such deductions should cease.
Sample 1
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Related to Venture Capital

  • Share Capital The authorized share capital of the Company conforms as to legal matters to the description thereof contained in each of the Registration Statement, the Time of Sale Prospectus and the Prospectus.

  • Net Capital You represent that you, and we represent that we, are in compliance with the capital requirements of Rule 15c-3-1 promulgated by the Commission under the Securities and Exchange Act of 1934, and we may, in accordance with and pursuant to such Rule 15c-3-1, agree to purchase the amount of Units to be purchased by you and us, respectively, under the Agreement.

  • Partnership Capital A. No Partner shall be paid interest on any Capital Contribution to the Partnership or on such Partner's Capital Account, notwithstanding any disproportion therein as between Partners.

  • Capital 1. Capital represented by immovable property referred to in Article 6, owned by a resident of a Contracting State and situated in the other Contracting State, may be taxed in that other State.

  • Not a Joint Venture Nothing in the Contract shall be construed as creating or constituting the relationship of a partnership, joint venture, (or other association of any kind or agent and principal relationship) between the parties thereto. Each party shall be deemed to be an independent contractor contracting for goods and services and acting toward the mutual benefits expected to be derived herefrom. Neither Contractor nor any of Contractor's agents, servants, employees, subcontractors or contractors shall become or be deemed to become agents, servants, or employees of the State. Contractor shall therefore be responsible for compliance with all laws, rules and regulations involving its employees and any subcontractors, including but not limited to employment of labor, hours of labor, health and safety, working conditions, workers' compensation insurance, and payment of wages. No party has the authority to enter into any contract or create an obligation or liability on behalf of, in the name of, or binding upon another party to the Contract.

  • Joint Venture, Consortium or Association 6.1 If the Supplier is a joint venture, consortium, or association, all of the parties shall be jointly and severally liable to the Procuring Entity for the fulfilment of the provisions of the Contract and shall designate one member of the joint venture, consortium, or association to act as a leader with authority to bind the joint venture, consortium, or association. The composition or the constitution of the joint venture, consortium, or association shall not be altered without the prior written consent of the Procuring Entity.

  • Partnerships and Joint Ventures No Loan Party shall become a general partner in any general or limited partnership or a joint venturer in any joint venture.

  • Net Working Capital At least three (3) business days prior to the Closing Date, Sellers shall deliver to Buyer a certificate (the “Estimated NWC Certificate”), including a consolidated balance sheet of the Company as of the Closing Date, prepared in accordance with the accounting principles, methods, practices, estimates, judgments and assumptions applied in the preparation of the Company’s financial statements, consistently applied (the “Accounting Principles”), which shall include (a) the Sellers’ good faith estimate (such estimate is referred to as the “Estimated Net Working Capital Amount”) of the “Net Working Capital Amount.” As used herein, “Net Working Capital Amount” means the Net Working Capital of the Company as of 11:59 p.m. EST on the day immediately preceding the Closing Date. “Net Working Capital” means the result of (i) all cash of the Company minus (ii) all current liabilities (excluding the Existing Indebtedness) of the Company, in each case determined in accordance with the Accounting Principles. The Purchase Price at Closing shall be increased by the Estimated Net Working Capital Amount. No later than ninety (90) days following the Closing Date, Buyer shall prepare and deliver to Sellers (i) a consolidated balance sheet of the Company dated at the Closing Date, which shall be prepared in accordance with the Accounting Principles and (ii) a reasonably detailed statement (the “Final NWC Certificate”) setting forth Buyer’s calculations of the Net Working Capital Amount. If Sellers have any objections to the Final NWC Certificate, Sellers shall deliver to Buyer a statement setting forth its objections thereto (an “Objections Statement”), provided that the only bases for objections shall be (i) non-compliance with the standards set forth above for preparation of the Final NWC Certificate, or as set forth in the definition of Net Working Capital, and (ii) mathematical errors. If an Objections Statement is not delivered to Buyer within thirty (30) days after delivery of the Final NWC Certificate, the Final NWC Certificate shall be final, binding and non-appealable by the parties hereto. Sellers and Buyer shall negotiate in good faith to resolve any objections set forth in the Objections Statement (and all such discussions related thereto shall, unless otherwise agreed by Buyer and Sellers, be governed by Rule 408 of the Federal Rules of Evidence (and any applicable similar state rule)), but if they do not reach a final resolution within thirty (30) days after the delivery of the Objections Statement, Sellers and Buyer may submit such dispute to one of the “Big Four” accounting firms other than Ernst & Young LLP or PricewaterhouseCoopers LLP, or, in the event that any such auditor is unable to accept such appointment, to any other nationally recognized independent accounting firm mutually acceptable to Buyer and Sellers (the “Independent Auditor”). Each party shall be afforded an opportunity to present to the Independent Auditor material relating to the disputed issues and to discuss the determination with the Independent Auditor. The Independent Auditor shall act as an auditor and not as an arbitrator and shall resolve matters in dispute and adjust and establish any disputed adjustment of the Net Working Capital Amount to reflect such resolution, provided that the Independent Auditor shall not assign a value to any item or amount in dispute greater than the greatest value for such item or amount assigned by Sellers, on the one hand, or Buyer, on the other hand, or less than the smallest value for such item or amount assigned by Sellers, on the one hand, or Buyer, on the other hand. It is the intent of Buyer and Sellers that the process set forth in this Section 11(F) and the activities of the Independent Auditor in connection herewith are not intended to be and, in fact, are not arbitration and that no formal arbitration rules shall be followed (including rules with respect to procedures and discovery). Sellers and Buyer shall use their commercially reasonable efforts to cause the Independent Auditor to resolve all such disagreements as promptly as practicable. The resolution of the dispute by the Independent Auditor shall be final, binding and non-appealable on the parties hereto. The Final NWC Certificate shall be modified if necessary to reflect such determination. The fees and expenses of the Independent Auditor shall be allocated for payment by Buyer, on the one hand, and/or Sellers, on the other hand, based upon the percentage which the portion of the contested amount not awarded to each party bears to the amount actually contested by such party, as determined by the Independent Auditor. If the Net Working Capital Amount as finally determined pursuant to the dispute resolution procedures described above is greater than the Estimated Net Working Capital Amount shown on the Estimated NWC Certificate, then Buyer shall pay to Sellers cash equal to the amount by which the Net Working Capital Amount exceeds the Estimated Net Working Capital Amount. If the Net Working Capital Amount as finally determined pursuant to the dispute resolution procedures described above is less than the Estimated Net Working Capital Amount shown on the Estimated NWC Certificate, then Sellers shall pay to Buyer cash equal to the amount by which the Estimated Net Working Capital Amount exceeds the Net Working Capital Amount.

  • Share capital and ownership The Borrower has an authorised share capital divided into 205,000,000 shares of $0.01 each divided into 200,000,000 shares of common stock and 5,000,000 shares of preferred stock. The Borrower is the indirect and ultimate owner of all of the issued share capital of each Owner.

  • Joint Venture Nothing contained in this Agreement shall be construed as creating a joint venture, partnership, agency or employment relationship between Plan and Controlled Affiliate or between either and BCBSA.

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