Minimum Investment definition

Minimum Investment means an investment in the project of at least two and one‑half million dollars within the investment period. If a county has an average annual unemployment rate of at least twice the state average during the last twenty‑four month period based on data available on the most recent November first, the minimum investment is one million dollars. The department shall designate these reduced investment counties by December thirty‑first of each year using data from the South Carolina Department of Employment and Workforce and the United States Department of Commerce. The designations are effective for a sponsor whose fee agreement is signed in the calendar year following the county designation. For all purposes of this chapter, the minimum investment may include amounts expended by a sponsor or sponsor affiliate as a nonresponsible party in a voluntary cleanup contract on the property pursuant to Article 7, Chapter 56, Title 44, the Brownfields Voluntary Cleanup Program, if the Department of Health and Environmental Control certifies completion of the cleanup. If the amounts under the Brownfields Voluntary Cleanup Program equal at least one million dollars, the investment threshold requirement of this chapter is deemed to have been met.

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Minimum Investment means the minimum investment amount specified in the Issue Terms. "Minimum Rate of Interest" means the relevant rate specified as such in the Issue Terms. "Minimum Trading Lot" means the minimum trading lot specified in the Issue Terms.

Minimum Investment means the minimum investment amount specified in the Final Termsheet. "Minimum Trading Lot" means the minimum trading lot specified in the Final Termsheet.

Examples of Minimum Investment in a sentence

• In no event shall the Company or any Sponsor Affiliate be liable to the County or otherwise for monetary damages resulting from the Company’s (together with any Sponsor Affiliates) failure to meet the Contract Minimum Investment Requirement other than as expressly set forth in this Fee Agreement.

• However, if the Company, together with any Sponsor Affiliates, does not meet the Contract Minimum Investment Requirement within the Investment Period, the provisions of Section 4.03 hereof shall control.

• Such “hard construction costs,” which must equal or exceed the Minimum Investment Amount, may include architectural and engineering fees, provided the credit for such costs against the Minimum Investment Amount shall not exceed fifteen percent (15%) of the Minimum Investment Amount.

• If the audit reveals that the hard construction costs paid by Tenant were less than those stated in Tenant’s affidavit, then Tenant must pay City for the costs incurred by City in connection with the audit plus any additional deficiency discovered between the hard construction costs paid by Tenant and the Minimum Investment Amount.

• If the independent appraiser determines that the investment is less than the Minimum Investment Amount, the deficiency, as well as City’s costs of hiring such independent appraiser, will be paid to City by Tenant within sixty (60) days of City’s written notice of the appraiser’s determination.

More Definitions of Minimum Investment

Minimum Investment means the amount or number of Units specified in Section 1 "Product Summary" as the "Minimum Investment";

Minimum Investment means 10% of the outstanding Voting Shares.

Minimum Investment shall have the meaning as set forth in Section 2.2(e) hereof. “Minimum Investment Maintenance Period” shall mean the period beginning January 1, 2015 and ending December 31, 2020.

Minimum Investment means with respect to the purchase of units by an investor during the offer period, the minimum of $1,000.00;

Minimum Investment means the minimum initial subscription amount from each investor as set out in the relevant Supplemental Offering Memorandum, or the applicable regulatory minimum in the Cayman Islands, as an initial investment from time to time.

Minimum Investment means 151,000,000 Conversion Shares; provided that such number shall be equitably adjusted for any conversions, reclassifications, reorganizations, stock dividends, stock splits, reverse splits and similar events which occur with respect to the Common Stock; provided further that such number shall be reduced pro rata for any reduction in the number of Conversion Shares underlying the Series B Preferred Stock held by the Investor pursuant to the payment of the Investor Call Right Termination Amount (as defined in the Stockholder Agreement). For purposes of the determination of whether the Minimum Investment is owned, the Investor or its Affiliates and any permitted transferee holding any Shares shall be deemed to hold the Conversion Shares for such Shares.

Minimum Investment means a minimum investment of not less than $10,000,000 in the aggregate in (i) the Project and (ii) the purchase of certain land and an existing building or buildings related to the Project and the creation of at least 11 new, full-time jobs with respect thereto.