Omni Investment definition

Omni Investment means the loan in the minimum principal amount of $10,000,000 and the maximum principal amount of $23,000,000 (if the Over-Allotment Option is duly exercised in full) to be made by the Omni Lender to the Borrower pursuant to the Omni Loan Agreement.
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Omni Investment means the loans in the aggregate minimum principal amount of $5,000,000 and the aggregate maximum principal amount of $23,000,000 (if the Over-Allotment Option is duly exercised in full) to be made by the Omni Lender to ABO in tranches pursuant to the Omni Loan Agreement, the first tranche of which was advanced on March 23, 2018 in the principal amount of $5,659,000, the second tranche of which was advanced on May 17, 2018 in the principal amount of $2,335,000, the third tranche of which was advanced on May 30, 2019 in the principal amount of $2,428,000, and the fourth tranche of which was advanced on June 28, 2019 in the principal amount of $1,761,000.
Sample 1
Omni Investment means the loan in the minimum principal amount of $10,000,000 and the maximum principal amount of $23,000,000 (if the Over-Allotment Option is duly exercised in full) to be made by the Lender to the Borrower pursuant to the Loan Agreement;
Sample 1

Examples of Omni Investment in a sentence

  • Closing of the Omni Investment is subject to the closing of the Minimum Offering and the approval of the TSXV.

  • The Borrower intends to use the proceeds of the Omni Investment to fund the Hillcore Loan.

  • Under the terms of the Hillcore Loan Agreement, Hillcore will borrow from the Borrower an amount equal to the principal of the Omni Investment, and pay interest to the Borrower in an amount equal to the interest due from the Borrower to the Omni Lender on the Omni Investment, in order to ensure that the Borrower is able to fund its interest payments.

  • USE OF PROCEEDS Proceeds and Funds Available The gross proceeds of the Offering, being $1,000,000 in the event of the Minimum Offering and $7,817,000 in the event of the Maximum Offering (or $8,989,000 in the event the Over-Allotment Option is exercised in full), will be used by the Omni Lender, a wholly-owned subsidiary of the Company, to fund the Omni Investment.

  • See “Business of the Company – The Omni Investment” for a description of the funds advanced pursuant to the Omni Investment will be used.

  • The Omni Investment and related transactions were supported by Eric Boehnke, a director of the Company, who owns 4,981,928 Common Shares, representing 26.55% of the issued and outstanding Common Shares, as at the date hereof, and who was not an interested party in connection with the Omni Investment.

  • A Panel shall either approve or reject a settlement agreement brought before it by the Professional Conduct Committee.

  • USE OF PROCEEDS Proceeds and Funds Available The gross proceeds of the Offering, being $10,000,000 in the event of the Minimum Offering and $20,000,000 in the event of the Maximum Offering (or $23,000,000 in the event the Over-Allotment Option is exercised in full), will be used to make the Omni Investment.

  • As no appeal was taken, the conviction became final that day, som e 13 months before § 15-405 took e ffect.On May 24, 2002, Evans, having served his prison sentence, registered with the Commission as a lobbyist on behalf of five clients.

  • According to the 2006 CS Filing, a significant portion of Hennessey’s current lending business is conducted with affiliated entities, including Heritage Development, Inc., Argus, LLC, Omni Investment Properties, LLC and Assured Financial, LLC.

Related to Omni Investment

  • PIPE Investment has the meaning specified in the Recitals hereto.

  • Capital investment means an investment in real property, personal property, or both, at a

  • Equity Investment means (i) an Equity Security; and (ii) an ownership interest in any company or other entity, any membership interest that includes a voting right in any company or other entity, any interest in real estate; and any investment or transaction which in substance falls into any of these categories even though it may be structured as some other form of investment or transaction.

  • Private Investment means a securities offering that is exempt from registration under certain provisions of the U.S. securities laws and/or similar laws of non-U.S. jurisdictions. It includes investments in hedge funds, private equity funds, limited partnerships, real estate, peer to peer lending clubs and private businesses.

  • Alternative investment means an investment in a private equity fund, venture fund, hedge fund, or absolute return fund.

  • Nonpurpose Investment means any investment property, as defined in section 148(b) of the Code, in which Gross Proceeds of the Bonds are invested and which is not acquired to carry out the governmental purposes of the Bonds.

  • Minority Investment means any Person (other than a Subsidiary) in which the Borrower or any Restricted Subsidiary owns Capital Stock.

  • 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.

  • Approved Investment means any type of security, instrument, participation or interest in property, as set forth on Schedule I hereto (which may be amended from time to time by execution of a revised Schedule I, I-A or I-B) in which Cash Collateral may be invested or reinvested by Bank in accordance with Paragraph 2 of Article IV hereof.

  • Qualified equity investment means any equity investment in, or long-term debt security issued by, a qualified community development entity that:

  • Follow-On Investment means an additional investment in the same issuer, including, but not limited to, through the exercise of warrants, conversion privileges or other rights to purchase securities of the issuer.

  • covered investment means, with respect to a Party, an investment in its territory of an investor of the other Party in existence as of the date of entry into force of this Treaty or established, acquired, or expanded thereafter.

  • Joint Venture Investment means, with respect to any Obligor, any Investment by such Obligor in a joint venture or other investment vehicle in the form of a capital investment, loan or other commitment in or to such joint venture or other investment vehicle pursuant to which such Obligor may be required to provide contributions, investments, or financing to such joint venture or other investment vehicle and which Investment the Borrower has designated as a “Joint Venture Investment”.

  • Restricted Investment means an Investment other than a Permitted Investment.

  • Special Purpose Investment Personnel means each SEI Access Person who, in connection with his or her regular functions (including, where appropriate, attendance at Board meetings and other meetings at which the official business of a Trust or any Fund thereof is discussed or carried on), obtains contemporaneous information regarding the purchase or sale of a Security by a Fund. Special Purpose Investment Personnel shall occupy this status only with respect to those Securities as to which he or she obtains such contemporaneous information.

  • PIPE Investment Amount has the meaning specified in Section 6.16.

  • Alternative Investment Vehicle means an entity created in accordance with the Operative Documents of a Borrower to make investments and that has the right to call on Capital Commitments directly from Investors.

  • Total Investment means the sum of the aggregate Capital Contributions made by a Member.

  • Eligible Investment means any investment that at the time of its acquisition is one or more of the following:

  • Investment pool means an entity created under the Texas Gov- ernment Code to invest public funds jointly on behalf of the entities that participate in the pool and whose investment objectives in or- der of priority are preservation and safety of principal, liquidity, and yield.

  • Permitted Joint Venture Investment means an Investment by such Person in any other Person engaged in the Oil and Gas Business (a) over which such Person is responsible (either directly or through a services agreement) for day-to-day operations or otherwise has operational and managerial control of such other Person, or veto power over significant management decisions affecting such other Person, and (b) of which at least 30% of the outstanding Equity Interests of such other Person are at the time owned directly or indirectly by such Person.

  • Control Investment Affiliate as to any Person, any other Person that (a) directly or indirectly, is in control of, is controlled by, or is under common control with, such Person and (b) is organized by such Person primarily for the purpose of making equity or debt investments in one or more companies. For purposes of this definition, “control” of a Person means the power, directly or indirectly, to direct or cause the direction of the management and policies of such Person whether by contract or otherwise.

  • Permitted Investment means an Investment by the Company or any Restricted Subsidiary in:

  • Receivables Net Investment means the aggregate cash amount paid by the lenders or purchasers under any Permitted Receivables Financing in connection with their purchase of, or the making of loans secured by, Receivables Assets or interests therein, as the same may be reduced from time to time by collections with respect to such Receivables Assets or otherwise in accordance with the terms of the Permitted Receivables Documents (but excluding any such collections used to make payments of items included in clause (c) of the definition of Interest Expense); provided, however, that if all or any part of such Receivables Net Investment shall have been reduced by application of any distribution and thereafter such distribution is rescinded or must otherwise be returned for any reason, such Receivables Net Investment shall be increased by the amount of such distribution, all as though such distribution had not been made.

  • Principal Funding Investment Proceeds means, with respect to each Transfer Date, the investment earnings on funds in the Principal Funding Account (net of investment expenses and losses) for the period from and including the immediately preceding Transfer Date to but excluding such Transfer Date.