Investment Commitments. The Buyer shall invest in the Company a total amount of KM in the period of years as follows:
Investment Commitments. Any investment commitment you place on a loan request (“Series Note Listing”) is a commitment by you to purchase a Note from Issuer in the principal amount of the commitment you placed on the loan listing. If the amount available for purchase on a loan listing is less than the amount of your commitment, your commitment will be deemed to be in the amount still available for purchase. The purchase price for any Notes you purchase through the Site will equal 100% of the principal amount of such Notes. At the time you commit to purchase a Note, you must have sufficient funds in your account with Issuer or your bank account to complete the purchase. Once you place an investment commitment on a loan listing, it is irrevocable by you regardless of whether the full amount of the loan listing is funded. If you do not qualify to invest in the Notes or Issuer determines for any reason to reject your commitment, Issuer reserves the right to reject your commitment by giving notice. The Platform does not warrant or guaranty that you will be able to place a commitment on any Series Note Listing before it receives commitments totaling the requested loan amount. Our manager or parent company may allocate some of its Loan opportunities to other funding channels.
Investment Commitments. The Buyer shall ensure unconditional and irrevocable Bank commitment acceptable for the Seller, till 35% of investments value of the total investment price, amounting KM valid for the period of 36 months plus 45 days, after issuing the guarantee. Commitments shall guarantee payment of any amount on the first call of the Seller, if the Buyer fails to pay investment commitments from this Agreement. The Buyer is due to pay investment commitments before the Closing date of this Agreement.
Investment Commitments. Set forth in Section 4.25 of the Schedule is a complete and correct list of each Investor Commitment of to which Seller was a party on December 31. 1996. Shareholders have made available to Buyer complete and correct copies of all Investor Commitments in effect on such date. Each Investor Commitment constitutes valid and binding obligations of the parties thereto, enforceable in accordance with its terms, subject to bankruptcy, insolvency or other similar laws affecting the enforcement of creditors' rights generally and by general principles of equity (whether applied in a proceeding in equity or at law). Seller shall retain all Investor Commitments as of the Closing Date.
Investment Commitments. (i) the mandatory forward Investment Commitments are owned by the Company free and clear of any Liens, other than Liens for the benefit of the Company’s warehouse lenders and (ii) the Company has not received written notice of any pending cancellation of any mandatory forward Investment Commitment.
Investment Commitments. PHASE 1: Once iIQSTEL had paid the $1,500,000 for the acquisition of LXXX TELECOM, and The Company had achieved the business goals defined in the Exhibit D, IQSTELiQSTEL would be willing to lend up (cash in) up to ONE MILLION FIVE HUNDRED THOUSAND DOLLARS (US$ 1,500,000.00) to The Company, in installments of up to One Hundred Thousand Dollars (US$ 100,000.00) per month to be used solely for marketing campaigns, promotion and development of the retail services of The Company, according to a business plan that has to be approved by the LXXX TELECOM’s board of directors. The disbursements of this loan will be subjected to the achievements of the quarterly goals set in the business plan referred above. This retail business plan will have the aim of achieving the objective of generating a minimum of Two Hundred Thousand Dollars (US$ 200,000.00) in Operating Income per month, with intermediate staggered quarterly goals.
Investment Commitments. Set forth in Section 4.25 of the Schedule is a complete and correct list of each Investor Commitment of to which CoreWest is a party on the date hereof. Shareholders have made available to Buyer complete and correct copies of all Investor Commitments in effect on such date. Each Investor Commitment constitutes valid and binding obligations of CoreWest and, to the best knowledge of CoreWest, of the other parties thereto, enforceable in accordance with its terms, subject to bankruptcy, insolvency or other similar laws affecting the enforcement of creditors' rights generally and by general principles of equity (whether applied in a proceeding in equity or at law). CoreWest shall retain all Investor Commitments as of the Closing Date.
Investment Commitments. Any investment commitment you place on a loan request (“Series Disclosure Supplement”) is a commitment by you to purchase a Note from the Fund in the principal amount of the commitment you placed on the Series Disclosure Supplement. If the amount available for purchase is less than the amount of your commitment, your commitment will be deemed to be in the amount still available for purchase, subject to the minimum denominator set forth in Section 2. The purchase price for any Notes you purchase through the Site will equal one hundred percent (100%) of the principal amount of such Notes. Once you place an investment commitment with respect to a Series Disclosure Supplement, it is irrevocable by you. The Fund reserves the right to reject your commitment to purchase Notes for any reason or no reason.
Investment Commitments. The Company commits to specific capital investments that enhance the safety, reliability and integrity of the distribution system. Such investments are as follows:
1. The Company commits to continue its program of cast-iron and bare- steel mains and services replacement. Such commitment does not include reimbursed replacements associated with local, state, or federal construction projects. Such replacement shall average approximately seven miles per year which is one mile per month during the construction season of April through October, or 11.0 miles of main over the 21 month settlement period. In addition, the Company will commit, on a best efforts basis, to replace an average of 10 miles of main per year or 15.7 miles of main over the 21 month settlement period.
2. The Company commits to complete its review, update and consolidation of its mains and services records, replacing a basically
(1) development of electronic landbase maps; (2) preparation, scrubbing, and updating of facility records; and
(3) coding facility records in an electronic format, including consolidation of installation and maintenance records for mains and services. The Company agrees to provide the Division with a status report for this project on a semi-annual basis during the Extended Term.
3. The Company commits, subject to the requisite regulatory approvals of its proposed project, to provide additional capacity on Aquidneck Island that will provide additional gas service to customers in Newport, Middletown and Portsmouth.
Investment Commitments. 2.1 Party B commits that it shall, within two (2) months after signing this Agreement, register as an independent incorporated company (hereinafter referred to as the "Project Company") within the jurisdiction of Party A, and the Project Company shall be wholly owned by Party B, with a registered capital of no less than RMB 50 million which shall be paid in full within three (3) months from the registration date; and that the operation period of the Project Company shall not be less than twenty (20) years, during which the registered address, tax relation, and statistical relation of the Project Company shall not be moved out of XETDZ (except in cases of force majeure or mutual agreement with XETDZ).
2.2 Party B commits that the Project Company shall complete the industrial sales value or tax assessment according to the following indicators (subject to the data of Xiaoshan District Bureau of Statistics and Xiaoshan District Branch of Hangzhou Municipal Tax Service, State Taxation Administration):
(1) The industrial sales value in the [first (1st)] year (from the lease commencement date of the premises to December 31, 2023) shall be no less than RMB 500 million.
(2) The industrial sales value or the tax amount paid in the [second (2nd) full fiscal year (2024) shall be no less than RMB 1.75 billion or no less than RMB 40 million respectively.
(3) The tax amount paid in the [third (3rd)] full fiscal year (2025) shall be no less than RMB 80 million.
(4) The tax amount paid in the [fourth (4th)] full fiscal year (2026) shall be no less than RMB 160 million.
(5) The tax amount paid in the [fifth (5th)] full fiscal year (2027) shall be no less than RMB 250 million.
(6) The tax amount paid in the [sixth (6th)] full fiscal year (2028) shall be no less than RMB 300 million.
(7) The tax amount paid in the [seventh (7th)] full fiscal year (2029) shall be no less than RMB 350 million.
(8) The tax amount paid in the [eighth (8th)] full fiscal year (2030) shall be no less than RMB 350 million.
2.3 Party B commits that the Project Company shall put its first production line into production prior to June 30, 2023; and put its third production line into production by the end of 2025 (production line photos and third-party equipment delivery certificates shall be provided). Before the annual industrial sales value of the Project Company reaches no less than RMB 5 billion and no less than 60% of Party B's total gross revenue (annual audit reports shall be provided), subject t...
