Primary Investors definition
Examples of Primary Investors in a sentence
The spouse also acknowledges that they have received a fair and reasonable disclosure of the Primary Investor's property and financial obligations.
The Company will not hereafter enter into any agreement with respect to its securities which is inconsistent with or violates the rights granted to the holders of Registrable Securities in this Agreement or grant any demand registration rights exercisable prior to the time the Primary Investors may first exercise their rights under Section 1.
This table excludes the company’s investment in Primary Investors of $10.8 million in fiscal year 2000 and $7.5 million in fiscal year 1999, as well as the commitment to invest up to $6.7 million of additional funds in Primary Investors in the future.
The company and ▇▇▇▇▇▇ each owns 50 percent of Primary Investors and an equal number of representatives from the company and ▇▇▇▇▇▇ serve on Primary Investors’ Board of Directors.
In August 1999, the company and ▇▇▇▇▇▇ Capital Partners (▇▇▇▇▇▇) formed Primary Investors, LLC (Primary Investors), a limited liability company.
The Company uses the equity method of accounting to reflect the results of Primary Investors in the Consolidated Financial Statements.
During the fiscal year ending September 30, 2000, Washington Gas and ▇▇▇▇▇▇ each owned 50 percent of Primary Investors and each had an equal number of representatives on Primary Investors' Board of Directors.
As a co-investor, the company committed to invest up to $25 million of equity capital in Primary Investors.
A significantly higher cost of gas in storage due to rising commodity prices, a larger customer accounts receivable balance and a $10.8 million increase in the investment in Primary Investors generated most of the increase in fiscal year 2000.
Through two wholly owned subsidiaries, ACI and WGESystems, and as a partner in Primary Investors, the HVAC segment designs, renovates and services mechanical heating, ventilating and air conditioning systems for commercial and residential customers.