Cash Investment. You must make ONE selection below. This type of account may not retain excess cash balances in Credit Interest (CIP). Excess cash balances must sweep to one of the funds or bank insured deposit options below. Applications without a selection will be rejected.
Cash Investment. You must make ONE selection below. This type of account may not retain excess cash balances in Credit Interest (CIP). Excess cash balances must sweep to one of the funds or bank insured deposit options below. Applications without a selection will be rejected. Sweep to Bank Insured Deposit (FDIC Insured Deposit Account) Sweep to Dreyfus Money Market Sweep to Dreyfus National Municipal Money Market Sweep to Dreyfus Government Cash Management Sweep to Dreyfus Treasury Securities Cash Management The sweep program is provided by HTS to its customers offering you the option of automatically transferring excess cash balances in your securities account to either an account at a bank whose deposits are insured by the FDIC or a money market mutual fund product. A sweep of your excess cash balance allows you to earn interest on the funds while retaining the flexibility to quickly access that cash to purchase securities or withdraw it. HTS may change the products available under the sweep program, however you will receive 30 days notice before certain specified changes are made. For existing accounts, please notify your Financial Professional if you wish to sweep cash balances to the Bank Insured Deposit, Dreyfus Money Market, or other selection. Individual retirement accounts and qualified retirement plan accounts may not retain excess cash balances in CIP. Therefore, these specific types of accounts must affirmatively select either the money market fund option or Bank Insured Deposit option. The Bank Insured Deposit is a program which involves a series of FDIC-insured bank accounts maintained at various participant banks, including PlainsCapital Bank, an affiliate of Hilltop Securities Inc. (HTS). Bank deposits are generally insured up to $250,000 per account holder, while your IRA and other qualifying self-directed retirement funds on deposit are separately insured up to $250,000. Balances in Bank Insured Deposit up to $5 million may be covered depending on the number of participant banks in the program. Account balances in excess of the combined coverage limits of the participant banks will be swept by HTS to a money market fund. A list of participant banks is available at xxx.xxxxxxxxxxxxxxxxx.xxx. Deposits you may have directly placed with any participant bank should be taken into account when assessing your FDIC coverage. If you have a deposit with one of the participant banks that is separate from a balance in the Bank Insured Deposit, please notify ...
Cash Investment. (i) During the twelve (12) months following the Closing, the Purchaser shall invest up to Five Million and 00/100 Dollars ($5,000,000.00) in cash (the "Cash Investment") to fund the operations of the Acquired Company, including therein the
(ii) Promptly after Closing, Purchaser shall fund the expenditures of the Acquired Company set forth in Schedule 6 hereto by transferring the aggregate amount set forth in Schedule 6 to the Acquired Company's account by paying directly the expenditures identified on Schedule 6, as determined by Purchaser in its discretion.
Cash Investment. 5.1 OET or an entity designated by OET shall, (i) within thirty (30) days of the 6 / 11 Effective Date, make an equity investment in XRF equal to the U.S. dollar equivalent of XXX 00 xxxxxxx (xxxxxxxxxxx referred to as the “Initial Investment”), (ii) within ninety (90) days of the Effective Date, make an equity investment in XRF equal to the U.S. dollar equivalent of XXX 00 million, which amount shall be in addition to the Initial Investment (hereinafter referred to as the “Secondary Investment”), and (iii) within one hundred eighty (180) days of the Effective Date, make an equity investment in XRF equal to the U.S. dollar equivalent of XXX 00 million, which amount shall be in addition to the Initial Investment and the Secondary Investment (hereinafter referred to as the “Tertiary Investment” and together with the Initial Investment and the Secondary Investment, the “Investment”). OET will receive Class A ordinary shares in XRF in exchange for such cash investments. The Investment will be provided in installments according to the Project Company's budget plans, with the specific amount of such investment and the time nodes of providing such investment to be determined by both Parties from time to time. See Annex B attached hereto for the details of the Investment as set forth in the form of Share Subscription Agreement to be entered into by and between XRF and OET (hereinafter the “SSA”).
5.2 The proceeds from the Investment shall be used for preparation work and the operations of the Project Company in accordance with operational plans approved by the Board of Directors of XRF.
Cash Investment. (a) The Borrower may (i) make any investments in any other Person in cash or cash equivalents, or (ii) provide any loans to, or provide any guarantee for, any other Person; provided that before and after the making of such investment, loans or guarantees, the balance of the cash, cash equivalents and any other short-term investments of the Group (on a consolidated basis) is greater than 120% of the outstanding principal amount of the Loan (together with any accrued and unpaid interest thereon) (such position being the “Adequate Liquidity Position”).
(b) Without the prior written consent of the Lender, the Borrower shall not, and shall procure that no other Group Company will, directly or indirectly, (i) make any investment in any other Person in cash or cash equivalents, or (ii) make any loans to, or providing any guarantee for, any other Person that may result in the Group’s inability to maintain an Adequate Liquidity Position, unless the amount of all such investments, loans or guarantees incurred shall not exceed, in aggregate, (i) 20% of the cash, cash equivalents and any other short-term investments of the Group (on a consolidated basis) calculated using the Group’s latest annual audited financial statement if the investment, loan or guarantee shall occur before the beginning of the six-month period preceding the Repayment Date, or (ii) US$5,000,000 if the investment, loan or guarantee shall occur within the six-month period preceding the Repayment Date.
Cash Investment. Purchaser agrees to invest up to $2 Million in working capital in cash into Company for the first year of operations in monthly tranches, starting with $25,000 within thirty (30) days after the Effective Date of this Agreement and a minimum of $175,000 at the end of the last day of each month (subject to a three (3) day grace period) thereafter with the last payment being $50,000. All payments as and when received from Purchaser will be treated as contributed capital.
Cash Investment. The proposal must specify the amount of cash that will be invested in the Debtors under the Competing Plan Proposal and identify all sources of such investment.
Cash Investment. The parties agree that a cash investment in FS of $150,000 USD will result in a 33% equity acquisition by SPLY. • In order to acquire a 33% equity interest in FS, SPLY Shall:
(i) Deliver to FS, $50,000 towards the “Total Cash Investment” (equivalent to 11% equity interest) upon execution of this LOI.
(ii) Upon satisfaction by FS of “Milestone 1” as defined in “Schedule B” attached hereto, deliver to FS an additional $50,000 towards the “Total Cash Investment” (equivalent to 11% equity interest) no later than 30 days from execution of definitive Acquisition Agreement.
(iii) Upon satisfaction by FS of “Milestone 2” as defined in “Schedule C” attached hereto, deliver to FS an additional $50,000 towards the “Total Cash Investment” (equivalent to 11% equity interest) no later than 60 days from execution of definitive Acquisition Agreement. Upon completion of all payments as set forth above, FS shall immediately issue and/or cause to be issued sufficient shares of its capital in the name of SPLY equal to 33% of its issued and outstanding stock. All obligations under 2.(a) above must be completed prior to commencement of 2.(b) below. Should the definitive Acquisition Agreement not be entered into by either party than SPLY shall receive 11% equity interest in FS as a result of the initial $50,000 USD Investment. Should the definitive Acquisition Agreement be entered into but Milestone 1 or 2 not be reached then SPLY will have the right to waive these milestones and still provide the “Total Cash Investment” for each milestone and receive the equivalent equity share (11% per milestone) or SPLY and FS can terminate this agreement with no penalty to either party.
Cash Investment. On the terms and subject to the conditions of this Agreement, Domain agrees at the Closing to invest in the Company cash in the amount of $2,605,625.
Cash Investment. In order to acquire an undivided 30% equity interest in SAP, SPLY shall:
(i) Deliver to SAP $50,000 towards the “Total Cash Investment” upon execution of this LOI.
(ii) Upon satisfaction by SAP of “Milestone 1” as defined in “Schedule B” attached hereto, deliver to SAP an additional $100,000 towards the “Total Cash Investment” no later than 15 days from execution of definitive Acquisition Agreement.
(iii) Upon satisfaction by SAP of “Milestone 2” as defined in “Schedule C” attached hereto, deliver to SAP an additional $150,000 towards the “Total Cash Investment” no later than 75 days from execution of definitive Acquisition Agreement. Upon completion of all payments as set forth above, SAP shall immediately issue and/or cause to be issued sufficient shares of its capital in the name of SPLY equal to 30% of its issued and outstanding stock. All obligations under 2.(a) above must be completed prior to commencement of 2.(b) below.