Common use of Failure to Reach Investment Requirement Clause in Contracts

Failure to Reach Investment Requirement. If the Company fails to meet the Investment Requirement, then the Agreement shall terminate and the Company shall repay the benefits received for any of the previous years constituting the Investment Period as if the statutory minimum investment requirement under the Act was not met.

Appears in 2 contracts

Samples: Tax Agreement, Tax Agreement

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Failure to Reach Investment Requirement. If the Company fails to meet the Investment Requirement, then the this Agreement shall terminate terminate, and the Company shall repay the benefits received for any of the previous years constituting the Investment Period as if the statutory minimum investment requirement under the Act Investment Requirement was not met.

Appears in 2 contracts

Samples: Tax Agreement, Tax Agreement

Failure to Reach Investment Requirement. If the Company fails to meet satisfy, or cause the satisfaction of, the Investment RequirementRequirement by the end of the Investment Period, then the this Agreement shall terminate and the Company shall repay repay, or cause to be repaid, the benefits received pursuant to this Agreement for any of the previous years constituting the Investment Period as if the statutory minimum investment requirement under set forth in the Act was not met.

Appears in 1 contract

Samples: Tax Agreement

Failure to Reach Investment Requirement. If the Company fails Companies fail to meet achieve the Investment RequirementRequirement by the end of the Investment Period, then the this Agreement shall terminate terminate, and the Company Companies shall repay the benefits received for any of the previous years constituting the Investment Period as if the statutory minimum investment requirement under the Act Minimum Investment Requirement was not met.

Appears in 1 contract

Samples: Tax Agreement

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Failure to Reach Investment Requirement. If the Company fails to meet the Investment Requirement, then the Agreement shall terminate and the Company shall repay the benefits received for any of the previous years constituting the Investment Period as if the statutory minimum investment requirement under the Act Minimum Investment Requirement was not met.

Appears in 1 contract

Samples: Tax Agreement

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