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Common use of Economic Impact Information Clause in Contracts

Economic Impact Information. Promptly after the end of each calendar year (but in any event prior to February 28 of the succeeding calendar year), Borrower shall deliver to St. Cloud a written assessment of the economic impact of St. Cloud’s investment, specifying the full-time equivalent jobs created or retained in connection with the investment, the impact of the investment on the businesses of the Credit Parties and on Taxes paid by the Credit Parties and their employees.

Appears in 4 contracts

Samples: Securities Purchase Agreement (Prolong International Corp), Securities Purchase Agreement (St Cloud Capital Partners Lp), Securities Purchase Agreement (Prolong International Corp)