Common use of INITIAL INVESTMENT Clause in Contracts

INITIAL INVESTMENT. The parties hereto hereby confirm that the Advisor or one of its Affiliates made a capital contribution of $200,000 in cash to the Company in exchange for Shares at formation of the Company (“Initial Investment”). During the term of this Agreement, the Advisor or one of its Affiliates shall at all times maintain such Initial Investment.

Appears in 9 contracts

Samples: Advisory Agreement (Sterling Real Estate Trust), Advisory Agreement (Sterling Real Estate Trust), Advisory Agreement (Sterling Real Estate Trust)

AutoNDA by SimpleDocs

INITIAL INVESTMENT. The parties hereto hereby confirm that the Advisor or one of its Affiliates made a capital contribution of $200,000 in cash to the Company in exchange for Shares at formation of the Company (“Initial Investment”). During the term of this Agreement, the Advisor or one of its Affiliates shall at all times maintain such Initial Investment.. ​

Appears in 4 contracts

Samples: Advisory Agreement (Sterling Real Estate Trust), Advisory Agreement (Sterling Real Estate Trust), Advisory Agreement (Sterling Real Estate Trust)

INITIAL INVESTMENT. The parties hereto hereby confirm that the Advisor or one of its Affiliates made a capital contribution of $200,000 in cash to the Company in exchange for Shares at formation of the Company (“Initial Investment”). During the term of this Agreement, the Advisor or one of its Affiliates shall at all times maintain such Initial Investment.. Effective 1.1.15

Appears in 1 contract

Samples: Advisory Agreement (Sterling Real Estate Trust)

AutoNDA by SimpleDocs

INITIAL INVESTMENT. The parties hereto hereby confirm that the Advisor or one of its Affiliates made a capital contribution of $200,000 in cash to the Company in exchange for Shares at formation of the Company (“Initial Investment”). During the term of this Agreement, the Advisor or one of its Affiliates shall at all times maintain such Initial Investment.. ​ ​

Appears in 1 contract

Samples: Advisory Agreement (Sterling Real Estate Trust)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!