For investments Clause Samples
The 'for investments' clause defines the terms and conditions under which funds or resources are allocated for investment purposes within an agreement. Typically, this clause outlines the types of permissible investments, the decision-making process for selecting investments, and any restrictions or guidelines that must be followed. For example, it may specify that funds can only be invested in certain asset classes or require approval from designated parties before making an investment. The core function of this clause is to ensure that investments are managed in accordance with agreed-upon standards, thereby protecting the interests of all parties and reducing the risk of unauthorized or inappropriate investment decisions.
For investments. Immediate termination of the investment with no obligation to continue funding or pay any management or performance fees AND the payment to the SIO of the greater of either (a) the current market value plus all fees paid or (b) the amount of the investment compounded at a rate of LIBOR plus 5%.
For investments. The Borrower and its Subsidiaries have inter-company Investments, loans and advances outstanding that are permitted pursuant to Sections 5.10 and 5.12. None.
For investments for operating expenditure