Investment by Company in Project. For the Project, the Company agrees to invest at least Five Million Dollars ($5,000,000.00) in land, buildings, and personal property, including machinery and equipment, at the Project by the end of the initial Investment Period and to create 100 new, full time jobs by the last day of the Investment Period. The investment amount shall not include any amount paid by the Company for real estate improvements on the Land existing as of the date of this Agreement.
Investment by Company in Project. For the Project, the Company shall use its best efforts to invest at least Two Million Five Hundred Thousand Dollars ($2,500,000.00) in Economic Development Property by the end of the Investment Period.
Investment by Company in Project. For the Project, the Company agrees to invest at least One Hundred and Thirty-One Million Dollars ($131,000,000.00) in land, buildings, and other real property, and in machinery, equipment, and other personal property at the Project by the end of the Investment Period (without regard to depreciation). The investment amount shall not include any amount paid by the Company for real estate improvements on the Land existing as of the date of this Agreement.
Investment by Company in Project. For the Project, the Company, together with any Company Affiliates, agrees to invest, or cause to be invested, approximately Two Million Dollars ($2,000,000) (without regard to depreciation or other diminution in value) in land, buildings, and other real property improvements, in the aggregate, (the “Real Property Investment”) and Five Million Dollars ($5,000,000) (without regard to depreciation or other diminution in value) in machinery, equipment, and other personal property, in the aggregate, at the Project by the end of the initial Investment Period (collectively, the “Investment Requirement”). The Investment Requirement shall not include any amount paid by the Company or any Company Affiliates for real estate improvements placed in service on the Land as of the date of this Agreement. The Company, together with any Company Affiliates, agrees to satisfy, or cause the satisfaction of, and maintain, or cause the maintenance of, the Real Property Investment throughout the entire term of the FILOT.
Investment by Company in Project. For the Project, the Company commits to invest approximately Three Million Dollars ($3,000,000.00) in land, buildings, and other real property and Three Million Dollars ($3,000,000.00) in machinery, equipment, and other personal property at the Project by the end of the initial Investment Period. The investment amount shall not include any amount paid by the Company for real estate improvements on the Land existing as of the date of this Agreement. The Company agrees to meet and maintain the real property investment commitment throughout the entire term of the FILOT.
Investment by Company in Project. For the Project, the Company commits to invest at least the Contractual Minimum Investment in land, buildings, other real property, machinery, equipment, and other personal property at the Project by the end of the Initial Investment Period. The investment amount shall not include any amount paid by the Company for real estate improvements on the Land existing as of the date of this Agreement. The Company agrees to meet and maintain the Contractual Minimum Investment throughout the entire term of the FILOT.
