Investment Commitment. The undersigned's overall commitment to investments which are not readily marketable is not disproportionate to the undersigned's net worth, and an investment in the Shares will not cause such overall commitment to become excessive.
Investment Commitment. The closing of this Agreement (the “Commitment Closing”) shall be deemed to occur when this Agreement has been duly executed by both Investor and the Company, and the other Conditions to the Commitment Closing set forth in Section 2.2(b) have been met.
Investment Commitment. The Subscriber's overall commitment to investments which are not readily marketable is not disproportionate to the Subscriber's net worth, and an investment in the Subscriber’s Shares will not cause such overall commitment to become excessive.
Investment Commitment. 2.2.1 [Intentionally Left Blank].
2.2.2 [Intentionally Left Blank].
Investment Commitment. The Purchaser’s overall commitment to investments which are not readily marketable is not disproportionate to the Purchaser’s net worth, and an investment in the Purchaser’s Shares will not cause such overall commitment to become excessive.
Investment Commitment. The Investor is committed to providing or causing to be provided a total of five hundred million U.S. dolars (USD 500,000,000) for investment in Saigon Silicon City for the first phase of construction and subsequent additional capital as needed to complete the Company’s entire development and investment program.
Investment Commitment. 6.2.1 Each Partner shall be required to advance to the Partnership their Investment Commitment. Such Investment Commitment shall be advanced in such tranches as shall be determined by the Manager (on not less than 3 Business Days' notice). The General Partner shall draw down loans from the Partners pro rata to their respective Investment Funding Percentages from time to time. Each Partner holding an Investment Commitment shall be required to re-advance such Investment Commitment if the Partnership is itself required to advance or re- advance monies to Xxxxxxxxx Capital Partners Europe pursuant to the provisions of the Xxxxxxxxx Capital Partners Europe Partnership Agreements. Each Partner making an Investment Commitment to the Partnership shall have an account (an "Investment Commitment Account") in relation to each Investment in respect of which a draw down of Investment Commitment is made to which their respective Investment Commitment in respect of such Investment shall be debited.
6.2.2 In the event that a Partner fails to advance to the Partnership the amount which is the subject of a draw down notice issued pursuant to Clause 6.2.1 on or before the expiry of such drawdown notice, then such Partner shall be required to remedy such default and to pay interest to the Partnership on the amount outstanding for the period from the date of expiry of the drawdown notice up to the date of payment thereof at the rate of 10% per annum, on or before the expiry of 30 days' notice from the General Partner requiring the Partner so to do.
6.2.3 Loans advanced to the Partnership in respect of the Investment Commitment shall not carry interest.
Investment Commitment. 30 Section 5.2...................................................................
Investment Commitment. It’s obvious that our long term security is better protected when our plants are well maintained and modern and this contract sets a new higher world class standard for the level at which our plants are to be maintained. The Company has committed to a significant capital expenditure program to maintain and improve our plants over the course of the proposed Agreement. The Company has also committed to acquire and maintain long term stable supplies of coke and iron ore from sources in the United States and Canada. The effort to remain self-sufficient is key to maintaining a strong steel industry in North America and protecting our jobs. The Article on Joint Efforts has been improved in a number of important ways. The Company will now provide joint training off-site joint training to facilitate and enhance our cooperative efforts, including conflict resolution training and communication training. The Company will pay presidents and griev- ance chairs for partnership meetings. We have increased funding for our Public Policy Fund, through which we drive our Stand up for Steel and Alliance for American Manufacturing issues and continue our unfair trade battles, from 10¢ per ton shipped to 12¢. Tons shipped have been expanded to include tons shipped from the Lone Star and Star Tubular plants. Climate change may be the greatest long-term challenge facing the steel industry and all energy-inten- sive industries. The Union has been calling for action on climate change for almost twenty years – both to reduce the emissions of greenhouse gases that threaten uncontrolled global warming, and to do so in a way that protects union jobs in our basic industries. The Agreement commits the USW and US Steel to work together on this critical problem through the creation of a joint Energy Efficiency and Carbon Emissions Task Force at Xxxx, Great Lakes, Granite City, Minnesota Ore, the Mon Valley and Fairfield. The Task Force will work to identify ways to con- serve energy and reduce greenhouse gases, and will participate in policy and legislative initiatives. The Company will install convection microwave ovens at locations where cooking equipment was removed by mutual agreement of the parties.
Investment Commitment. Until the 60th day after the Closing Date, each of the Purchaser and the Company shall use its reasonable best efforts to obtain a binding commitment from a first-tier investment bank or banks (collectively, the "Investment Bank") to make an equity investment in the Company in an amount no less than $5,000,000 at a purchase price of $1.50 per share of Common Stock (the "Investment Bank Shares") (such number of shares and price to be appropriately adjusted to give effect to the Reverse Stock Split or any stock split, stock combination, reorganization, recapitalization, etc. affecting the Company's capital stock). All actions taken by the Purchaser prior to the Closing Date shall be considered in determining whether the Purchaser has used its reasonable best efforts to obtain such a commitment from an Investment Bank.
