Final Investment Decision Sample Clauses

Final Investment Decision or FID means a formal decision by the Proponent as to whether to proceed with the development and operation of the Project;
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Final Investment Decision. At any time prior to the earlier to occur of (a) the date that is 30 Days after the FERC’s issuance of its final Environmental Impact Study related to the Facilities and (b) December 31, 2016, Con Edison shall have the option (the “Con Edison Termination Option”), exercisable in its sole discretion, to (a) re-assign its Membership Interests to EQT and USG pro rata based on the amounts by which EQT and USG were diluted in connection with their respective assignments of such Membership Interests to Con Edison and (b) be reimbursed (without interest) by EQT and USG (based on the same proportion by which the Membership Interests are re-assigned pursuant to clause (a) of this Section 14.17) for the amount of all Capital Contributions made by Con Edison in respect of such Membership Interests.”
Final Investment Decision. The board of directors of Investor Parent shall have made a final investment decision affirming Investor Parent’s commitment to proceed with the Project based on, among other matters, the Approved Feasibility Study, within eight (8) weeks of delivery to Investor Parent of the Approved Feasibility Study.”
Final Investment Decision or FID means a formal decision by the Proponent as to whether to proceed with the development and operation of the Project; IPP means an industry participation plan developed in accordance with clause 8; NT EPA means the Northern Territory Environment Protection Authority, established by the Northern Territory Environment Protection Authority Act (NT); Party or Parties means, depending on the context, the Territory, the Proponent, or both; Project means [insert Project Description]; and
Final Investment Decision. (a) If a Positive Preliminary Investment Decision has been made, then at such time as the Permit Date shall occur, the Manager shall as promptly as is feasible deliver to the Members a Program and Budget for the period from the Permit Date until the projected date on which CPC is expected to occur (the “Development Program and Budget”) together with a conveyance of the Property and Assets contingent on the occurrence of Financial Closing. The Manager shall set a meeting of Members to occur not less than 120 days after delivery of the Development Program and Budget and such conveyance for the purpose of making a Final Investment Decision.
Final Investment Decision. (i) Following the delivery of an Exercise Notice, the Parties shall use their commercially reasonable efforts to continue to pursue the development, construction, installation or acquisition of the applicable Project.
Final Investment Decision. (a) If, within 45 days following satisfaction of all of the Conditions, each of SUMITOMO and STRATHMORE determines that the Company should pursue Development of the Roca Honda Property pursuant to the terms and conditions of this Agreement, each Member shall be deemed to have made a “Positive Final Investment Decision,” subject to the satisfaction of the items set forth in subsection (b) below, it being understood that if any of the items set forth in subsection (b) cannot be satisfied, SUMITOMO shall have the right to revoke in writing their Positive Final Investment Decision, such right to be exercised within 30 days after STRATHMORE gives notice that one or more such Conditions cannot be satisfied.
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Final Investment Decision. (a) A decision to proceed to undertake the Project (FID) requires the unanimous approval of all Participants, and may be given or withheld in the absolute discretion of each Participant.

Related to Final Investment Decision

  • Independent Investment Decision Such Purchaser has independently evaluated the merits of its decision to purchase the Shares pursuant to the Agreement, and such Purchaser confirms that it has not relied on the advice of any other Purchaser’s business and/or legal counsel in making such decision. Such Purchaser has not relied on the business or legal advice of the Company or any of its agents, counsel or Affiliates in making its investment decision hereunder, and confirms that none of such Persons has made any representations or warranties to such Purchaser in connection with the transactions contemplated by the Transaction Documents.

  • Additional Investment Representations Executive represents and warrants that:

  • Additional Investment The Investor commits to invest in additional Class A Shares or American depositary shares representing Class A Shares if and when the Company conducts an IPO, of an amount of no more than the Purchase Price. The Company and the lead underwriters shall have the right to accept or not accept such investment and, if so accepted, to determine whether to accept the investment as part of the IPO or as a private placement. Neither the Company nor any underwriter for the Company’s IPO is under any obligation or commitment to issue any shares to the Investor in the IPO. Any such issuance will be decided by the Company and the lead underwriters for the IPO and must be in compliance with all applicable laws, regulations and rules.

  • Investment Experience Holder understands that the purchase of this Warrant and its underlying securities involves substantial risk. Holder has experience as an investor in securities of companies in the development stage and acknowledges that Holder can bear the economic risk of such Holder’s investment in this Warrant and its underlying securities and has such knowledge and experience in financial or business matters that Holder is capable of evaluating the merits and risks of its investment in this Warrant and its underlying securities and/or has a preexisting personal or business relationship with the Company and certain of its officers, directors or controlling persons of a nature and duration that enables Holder to be aware of the character, business acumen and financial circumstances of such persons.

  • Prior Investment Experience The Holder acknowledges that it has prior investment experience, including investment in securities of the type being exchange, including the Securities or the Exchange Securities, and has read all of the documents furnished or made available by the Company to it and is able to evaluate the merits and risks of such an investment on its behalf, and that it recognizes the highly speculative nature of this investment.

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