Additional Capital Investment. (a) Additional Investment for the Convention Center. Concessionaire shall directly invest $400,000 (“Additional Investment”) toward food service capital projects (“Additional Investment Expenditures”), with the nature and scope of such Additional Investment Expenditures to be made by mutual agreement of the parties. Concessionaire shall procure up to twenty-five percent (25%) of the Additional Investment ($100,000.00) within fifteen (15) days after the parties agree to such items. Concessionaire shall directly invest the remaining balance of the Additional Investment, in the amount of $300,000.00, carried over as of October 1, 2018, plus an additional sum of $150,000, as part of the Additional Investment Expenditures for the Convention Center, with the nature and scope of such Convention Center Additional Investment Expenditures to be made by mutual written agreement of the parties. All of the Additional Investment Expenditures in the Convention Center have been fully amortized as of the Effective Date of Amendment No. 3.
Additional Capital Investment. 3 1.2 Affiliate. . . . . . . . . . . . . . . . . . . . . . . . . . . 3 1.3 Ammonia. . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 1.4 Ammonia Specifications . . . . . . . . . . . . . . . . . . . . 4 1.5 Back-up and Start-up Supply Plan . . . . . . . . . . . . . . . 4 1.6
Additional Capital Investment. (a) WFBI has delivered to Alliance correct and complete copies of executed securities purchase or investment agreements containing the several obligations of certain investors to provide additional capital of at least twenty million dollars ($20,000,000) to WFBI in connection with the Merger, subject to the conditions contained therein (the “Capital Commitments”). As of the date of this Agreement, the Capital Commitments are valid and in full force and effect and have not been amended or modified, and the agreements of the respective investors contained in the Capital Commitments have not been withdrawn or rescinded in any respect. The aggregate proceeds contemplated by the Capital Commitments will be sufficient for WFBI to pay the aggregate Cash Consideration and to pay all related fees and expenses. The investors’ several obligations to fund the amounts under their respective Capital Commitments are not subject to any conditions or contingencies other than as set forth therein. No event has occurred that (with or without notice, lapse of time, or both) would constitute a default under the Capital Commitments on the part of WFBI, or WF Bank. WFBI is not aware of any reason, fact or circumstance existing on the date of this Agreement that (A) has caused or is reasonably likely to cause any Capital Commitment to not be in full force and effect or (B) precludes or is reasonably likely to preclude the satisfaction by WFBI of the conditions set forth in the Capital Commitments to be satisfied by them. WFBI has paid, or will pay at or prior to the Effective Time, all commitment and other fees required to be paid under the Capital Commitments.
Additional Capital Investment. Purchaser and AmTec understand that Shanghai VSAT Network Systems Co. ("SVC"), a company in which V-Tech holds a 56% equity equivalent interest, plans to raise additional investment capital in the near future and such investments may be dilutive to V-Tech.
Additional Capital Investment. Concessionaire acknowledges and agrees that the need for additional Improvements associated with the Concessions beyond those stated herein may arise during the Term hereof. Concessionaire hereby acknowledges its willingness to participate in the financing of such Improvements, subject to the negotiation of reasonable terms and conditions with the SFRAA related to any such financing.
