Initial Equity Investment Sample Clauses

Initial Equity Investment. Subject to the execution of the Option Agreement and Stockholders Agreement (as defined in Section 7(e) of this Agreement), each to be negotiated in good faith by the Executive and Chicken Acquisition Corp., Executive shall invest a minimum of $200,000 in Chicken Acquisition Corp. through a combination of Rollover Shares and Rollover Options (each as defined in the Purchase Agreement) the terms and conditions of which are substantially set forth on Exhibit C.
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Initial Equity Investment. Executive to make a cash equity investment in the Company’s common shares equal to $1.25 million (the timing of which will be determined in good faith by the parties).
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Initial Equity Investment. No later than [***] Business Days following the Effective Date, Takeda shall purchase Four Million Two Hundred Fourteen Thousand Five Hundred Fifty-Nine (4,214,559) shares of Denali common stock for One Hundred Ten Million Dollars ($110,000,000) (the “Aggregate Stock Purchase Price”) pursuant to the terms of the Stock Purchase Agreement. For the avoidance of doubt, the Aggregate Stock Purchase Price represents a price per share of approximately Twenty-Six Dollars and Ten Cents ($26.10), which represents [***], plus a premium as partial consideration paid in return for those rights granted to Takeda under the Agreement.
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Initial Equity Investment. Within ten (10) days of the Effective Date, SuperGen shall pay to Licensor six hundred thousand U.S. dollars ($600,000) for the purchase of 150,000 shares of Licensor common stock (the "Licensor Shares"). In connection with such purchase SuperGen will execute an investment representation statement in the form set forth as Exhibit 4. Within 120 days Licensor will file a registration statement providing for the registration of the resale of all 150,000 shares by SuperGen, all as set forth more fully in the registration rights agreement attached as Exhibit 5. SuperGen agrees to sell no more than 75,000 of the Licensor Shares until the one year anniversary of this Agreement. SuperGen agrees to sell no more than thirty thousand (30,000) shares of Licensor Shares per trading day, for so long as SuperGen holds such shares.
Sample 1
Initial Equity Investment. (a) In the event that the Company raises at least Ten Million US Dollars ($10,000,000) in the aggregate (the "Minimum Funding Amount") in one or more equity financing transactions consummated after the date of this Agreement and prior to June 30, 2003, the Company shall issue and sell to the Investor, and the Investor shall purchase from the Company, such number of shares of the same class and series of capital stock that are sold in the equity financing transaction in which the Company meets or exceeds the Minimum Funding Amount as is equal to One Million US Dollars ($1,000,000) divided by the price per share paid in such financing for an aggregate purchase price of One Million US Dollars ($1,000,000).
Sample 1
Initial Equity Investment. On the Closing Date, the Escrow Agent will transfer to Borrower’s Operating Account the Equity Investment.
Sample 1
Initial Equity Investment. The Borrower's Financial Officer shall deliver a certificate, dated the Closing Date, (i) attaching in form and substance satisfactory to the Senior Lenders, copies of the Borrower's audited financial statements and balance sheets as at December 31, 1998 demonstrating that SRT has made the Initial Equity Investment in the Borrower, and (ii) certifying that each of the financial statements delivered pursuant to clause (i) above are true and complete copies and that the Initial Equity Investment remains in the Borrower.
Sample 1
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Initial Equity Investment. At least two (2) Business Days prior to the Closing, Buyer shall have, or shall otherwise have available to it, the Fifty Million Dollars ($50,000,000) of equity capital in the form of cash or cash equivalents that is required to be invested in TDS USA immediately following the consummation of the Membership Unit Acquisition and the Share Acquisition pursuant to Section 7.13, and Buyer shall on such date that is two (2) Business Days prior to the Closing provide DEI and Seller with evidence of the foregoing in a form reasonably satisfactory to DEI and Seller.
Sample 1
Initial Equity Investment. The purchase price for the Initial Equity Investment shall be Two Million Five Hundred Thousand Dollars ($2,500,000). In exchange for such payment, CIBA shall receive Presby Preferred Stock representing no less than a Three and one-half percent (3.5%) and no more than a five percent (5%) post money ownership interest in PRESBY on an as converted fully diluted basis, as shall be mutually agreed upon by the parties.
Sample 1

Related to Initial Equity Investment

  • Equity Investment The Owner Participant shall have made or caused to be made the Equity Investment available to the Owner Lessor at the place and in the manner contemplated by Section 2.

  • Equity Investments Equity Investments, which, to the extent constituting Stock other than common Stock, shall be on terms and conditions and pursuant to documentation reasonably satisfactory to the Joint Lead Arrangers and Bookrunners to the extent material to the interests of the Lenders, in an amount not less than the Minimum Equity Amount shall have been made.

  • Subsidiaries; Equity Investments 4 2.7 Capitalization . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 2.8

  • Distributions; Capital Change; Restricted Investments Neither the Borrower nor any of its Subsidiaries shall (i) directly or indirectly declare or make, or incur any liability to make, any Distribution, except Distributions to the Borrower by its Subsidiaries, (ii) make any change in its capital structure which could have a Material Adverse Effect or issue any capital stock other than common stock or (iii) make any Restricted Investment.

  • Minimum Investment Subject to certain individual state requirements and except for shares issued pursuant to the DRIP, Shares may be sold only to investors who initially purchase a minimum of $5,000, subject to certain state requirements as described in the Prospectus. With respect to Selected Broker-Dealer’s participation in any resales or transfers of the Shares, Selected Broker-Dealer agrees to comply with any applicable requirements set forth in Section 2 and to fulfill the obligations pursuant to FINRA Rule 2310.

  • INITIAL INVESTMENT The Advisor has contributed to the Company $200,000 in exchange for 20,000 Equity Shares (the "Initial Investment"). The Advisor may not sell these shares while the Advisory Agreement is in effect, although the Advisor may transfer such shares to Affiliates. The restrictions included above shall not apply to any Equity Shares, other than the Equity Shares acquired through the Initial Investment, acquired by the Advisor or its Affiliates. The Advisor shall not vote any Equity Shares it now owns, or hereafter acquires, in any vote for the removal of Directors or any vote regarding the approval or termination of any contract with the Advisor or any of its Affiliates.

  • Subsidiaries and Equity Investments (a) Section 3.3 of the Company Disclosure Schedule sets forth (i) the name of each corporation that is a "Significant Subsidiary" (as such term is defined in Rule 1-02 of Regulation S-X of the Securities and Exchange Commission (the "Commission") (such subsidiaries hereinafter referred to collectively as "Subsidiaries" and individually as a "Subsidiary", and collectively with the Company, the "Companies")), (ii) the name of each corporation, partnership, joint venture or other entity (other than the Subsidiaries) in which any of the Companies has, or pursuant to any agreement has the right or obligation to acquire at any time by any means, directly or indirectly, an equity interest or investment; (iii) in the case of each of such corporations described in clauses (i) and (ii) above, (A) the jurisdiction of incorporation, (B) the capitalization thereof and the percentage of each class of voting capital stock owned by any of the Companies, (C) a description of any contractual limitations on the holder's ability to vote or alienate such securities, (D) a description of any outstanding options or other rights to acquire securities of such corporation, and (E) a description of any other contractual charge or impediment which would materially limit or impair any of the Companies' ownership of such entity or interest or its ability effectively to exercise the full rights of ownership of such entity or interest; and (iv) in the case of each of such unincorporated entities, information substantially equivalent to that provided pursuant to clause (iii) above with regard to corporate entities.

  • PIPE Investment (a) Acquiror has delivered to the Company true, correct and complete copies of each of the Subscription Agreements entered into by Acquiror with the applicable PIPE Investors named therein, pursuant to which the PIPE Investors have committed to provide equity financing to Acquiror solely for purposes of consummating the Transactions in the aggregate amount of not less than $225,000,000 (the “PIPE Investment Amount”). To the knowledge of Acquiror, with respect to each PIPE Investor, the Subscription Agreement with such PIPE Investor is in full force and effect and has not been withdrawn or terminated, or otherwise amended or modified, in any respect, and no withdrawal, termination, amendment or modification is contemplated by Acquiror. Each Subscription Agreement is a legal, valid and binding obligation of Acquiror and, to the knowledge of Acquiror, each PIPE Investor, and neither the execution or delivery by any party thereto nor the performance of any party’s obligations under any such Subscription Agreement violates or will violate any Laws. There are no other agreements, side letters, or arrangements between Acquiror and any PIPE Investor that could affect the obligation of such PIPE Investors to contribute to Acquiror the applicable portion of the PIPE Investment Amount set forth in the Subscription Agreement of such PIPE Investors, and, as of the date hereof, Acquiror does not know of any facts or circumstances that may reasonably be expected to result in any of the conditions set forth in any Subscription Agreement not being satisfied, or the PIPE Investment Amount not being available to Acquiror, on the Closing Date. No event has occurred that, with or without notice, lapse of time or both, would constitute a default or breach on the part of Acquiror under any material term or condition of any Subscription Agreement and, as of the date hereof, Acquiror has no reason to believe that it will be unable to satisfy in all respects on a timely basis any condition to closing or material term to be satisfied by it contained in any Subscription Agreement. The Subscription Agreements contain all of the conditions precedent (other than the conditions contained in this Agreement) to the obligations of the PIPE Investors to contribute to Acquiror the applicable portion of the PIPE Investment Amount set forth in the Subscription Agreements on the terms therein.

  • Distributions; Investments Directly or indirectly acquire or own any Person, or make any Investment in any Person, other than Permitted Investments, or permit any of its Subsidiaries to do so. Pay any dividends or make any distribution or payment or redeem, retire or purchase any capital stock.

  • Investments in Real Estate Make any investment or commitment to invest in real estate or in any real estate development project (other than by way of foreclosure or acquisitions in a bona fide fiduciary capacity or in satisfaction of a debt previously contracted in good faith, in each case in the ordinary course of business consistent with past practice).

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