Total Investment Amount definition
Examples of Total Investment Amount in a sentence
The Advisor (in its capacity as special limited partner of the Operating Partnership) will receive a Subordinated Participation in Net Sale Proceeds in an amount equal to 15.0% of the Net Sale Proceeds remaining after the Stockholders have received Distributions equal to the sum of the Total Investment Amount plus the Stockholders’ 6.0% Return.
In addition, the Advisor (in its capacity as special limited partner of the Operating Partnership) will receive a distribution similar to the Subordinated Participation in Net Sale Proceeds in the event the Company undertakes an issuer tender offer that results in the tendering Stockholders receiving a return equal to the sum of the Total Investment Amount of the tendering Stockholders plus the Stockholders’ 6.0% Return of the tendering Stockholders, less prior Distributions to Stockholders.
Upon execution of this Agreement by each Company and Laurus, the Companies shall jointly and severally pay to Laurus Capital Management, LLC a closing payment in an amount equal to three and one-half percent (3.50%) of the Total Investment Amount.
Upon execution of this Agreement by the Company and Laurus, the Company shall pay to Laurus Capital Management, LLC a closing payment in an amount equal to three and nine tenths (3.90%) percent of the Total Investment Amount.
For the avoidance of doubt, if the Investor exercises its right under Section 7.3(c) of the Micron Share Purchase Agreement after having paid the Total Investment Amount to Micron or Buyer, then this condition will be deemed to not have been satisfied.