Common use of Determinations of the Director Clause in Contracts

Determinations of the Director. Pursuant to the Program and on the basis of the information provided by the Borrower in this Agreement and ancillary documents incorporated herein, the Director has made certain determinations, which are hereby confirmed, and the Director hereby determines that the financial assistance to be provided by Director pursuant to this Agreement will conform to the requirements of the Program and will further and implement the purposes of providing capital to eligible early-stage technology companies in Ohio, increasing the number of professionally managed Pre-Seed Funds investing throughout Ohio, create a risk-capital climate that supports the development, retention and attraction of investable technology companies in Ohio thereby creating new jobs or preserving existing jobs and employment opportunities and improving the economic welfare of the people of the State.

Determinations of the Director. Pursuant to the Program and on the basis of the information provided by the Borrower in this Agreement and ancillary documents incorporated herein, the Director has made certain determinations, which are hereby confirmed, and the Director hereby determines that the financial assistance to be provided by Director pursuant to this Agreement will conform to the requirements of the Program and will further and implement the purposes of providing capital to eligible early-early stage technology companies in Ohio, increasing the number of professionally managed Pre-Seed investment Funds investing throughout OhioOhio [in underserved communities and populations], create a risk-capital climate that supports the development, retention and attraction of investable technology companies in Ohio thereby creating new jobs or preserving existing jobs and employment opportunities and improving the economic welfare of the people of the State.

Determinations of the Director. Pursuant to the Program and on the basis of the representations and other information provided by the Borrower in this Agreement and ancillary documents incorporated hereinBorrower, the Director has heretofore made certain determinations, which are hereby confirmed, and the Director hereby determines that the financial assistance to be provided by Director pursuant to this Agreement will conform to the requirements of the Program and will further and implement the purposes of providing investment capital to eligible early-stage technology companies in Ohio, increasing the number of professionally managed Pre-Seed Funds investing throughout Ohio, create a risk-risk capital climate that supports the development, retention and attraction of investable technology companies in Ohio thereby creating new jobs or preserving existing jobs and employment opportunities and improving the economic welfare of the people of the State.