Investment Requirement definition

Investment Requirement means a provision in a pro-

Investment Requirement means the minimum investment the Controlled Group shall make in the Project to receive the incentives described herein, as such term is defined in Section4.01 hereof.

Investment Requirement means, with respect to the Project, investment by the Company and any Company Affiliates of at least $5,000,000 in Economic Development Property subject (non-exempt) to ad valorem taxation (in the absence of this Agreement).

Examples of Investment Requirement in a sentence

• The Company intends to invest in Equipment, Improvements, and/or Real Property, which together comprise the Project and which are anticipated to create at least the Act Minimum Investment Requirement in eligible Economic Development Property investment subject to Payments in Lieu of Taxes in the County.

• However, if the Company does not meet the Act Minimum Investment Requirement, the Clawback Minimum Investment Requirement, or the FILOT Minimum Investment Requirement, the provisions of Section 4.2 hereof shall apply.

• The Equipment shall be included in the determination of whether the Contract Minimum Investment Requirement has been achieved.

• Capital expenditures by the Company or by any such developer, Affiliate or financing entity with respect to the Project shall count toward the Minimum Investment Requirement hereunder.

• However, once the Company has met the Contract Minimum Investment Requirement during the Investment Period, the Company is only obligated to maintain the FILOT Act Minimum Investment Requirement thereafter.

More Definitions of Investment Requirement

Investment Requirement has the meaning set forth in Section 4.1, below.

Investment Requirement means the minimum investment the Company commits to make in the Project, as set forth in Section 2.02(d) of this Agreement, to receive the incentives described herein.

Investment Requirement means the minimum investment the Company shall make in the Project to receive the incentives described herein.

Investment Requirement shall have the meaning ascribed to such term in Section 2.02(e) of this Agreement. “Job Requirement” shall have the meaning ascribed to such term in Section 2.02(e) of this Agreement.

Investment Requirement means the minimum investment the Controlled Group shall make in the Project to receive the incentives described herein, as such term is defined in Section 4.01 hereof.

Investment Requirement means the requirement that:

Investment Requirement means the minimum investment the Company shall make in the Project to receive the incentives described herein. For purposes of this Agreement, the minimum investment shall mean an investment of at least $16,000,000 in property subject to ad valorem taxation (in the absence of this Agreement and/or the Multi-County Park) by the Company and any Company Affiliate.