Target Sum definition

Target Sum shall refer to the total sum that an Investee wishes to raise from its Project as stipulated on the Platform.
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Target Sum has the meaning set forth in Section 2.06 below.
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Examples of Target Sum in a sentence

  • The Purchase Price specified in Section 2.03 above assumes that the sum of Purchased Receivables and (ii) Purchased Inventory, less the sum of (iii) Purchased Payables and (iv) Product Claims in excess of $50,000, equals $1,754,000 (the "Target Sum").

  • The only circumstances under which the Investee can refuse to accept the Investment Offers pursuant to which the Investment Amounts will be refunded will be when at least 50% (or such other percentage as listed in the Project Details) of the Target Sum is not met, or the relevant Completion Documents for Completion of the Project is unable to be issued due to the lack of necessary co-operation from the Investor(s).

  • The terms of acceptance for each Project will be listed in association with the said Project, including but not limited to the Target Sum.

  • The only circumstances under which the Investment Amounts will be refunded will be when at least 50% (or such other percentage as listed in the Project Details) of the Target Sum is not met, or the relevant Completion Documents for Completion of the Project is not issued to the Investor, as set out in Clauses 3.4 and 3.5 above.

  • Performance Target: Sum of cumulative adjusted net profit and cumulative adjusted free cash (each as measured by the Committee) for the 2020-2022 period equal to $750 million.