Investment in Company. With respect to such Member’s investment in the Company:
(a) Such Member has acquired or is acquiring its Membership Interest for investment solely for its own account and not for distribution, transfer or sale to any Person in connection with any distribution or offering to the public.
(b) Such Member is financially able to bear the economic risk of an investment in the Company and has no need for liquidity in such investment.
(c) Such Member has such knowledge, experience and skill in financial and business matters in general and with respect to investments of a nature similar to an investment in the Company so as to be capable of evaluating the merits and risks of, and making an informed business decision with respect to, such investment.
(d) Such Member has received all information that it deems necessary to make an informed investment decision with respect to an investment in the Company and has had the unrestricted opportunity to make such investigation as it desires pertaining to the Company and an investment therein and to verify any information furnished to such Member.
(e) Such Member understands that it must bear the economic risk of an investment in the Company for an indefinite period of time because (i) the Membership Interests have not been registered under the Securities Act and applicable state securities laws, and (ii) such Member shall not be permitted to Transfer its Membership Interest, except in accordance with this Agreement and then only if such Membership Interest is subsequently registered in accordance with the provisions of the Securities Act and applicable state securities laws or registration under the Securities Act or any applicable state securities laws is not required.
(f) Such Member understands that the Company is not obligated to register the Membership Interests for resale under the Securities Act or any applicable state securities laws.
Investment in Company. On the terms and subject to the conditions of this Agreement, the Investor agrees on the date hereof to subscribe for and purchase from the Company, and the Company agrees to issue from treasury and sell to the Investor, 14,981,273 Common Shares at a purchase price per share of $2.67 for total proceeds of $39,999,998.91 (the “Proceeds”).
Investment in Company. On the terms and subject to the conditions of this Agreement, the Investor agrees on the date hereof to subscribe for and purchase from the Company, and the Company agrees to issue from treasury and sell to the Investor, the Units for the Purchase Price. The Purchase Price will be satisfied by the Investor on Closing as follows:
(a) set-off against the outstanding balance due to RCF under the Bridge Loan Agreement (including the principal amount of the Bridge Loan Facility and all accrued interest and fees thereunder as at the Closing Date);
(b) retention by the Investor of the Estimated Investor’s Expenses; and
(c) payment of the Cash Component by the Investor to the Company at the Time of Closing. All expenses denominated in U.S. dollars will be converted to Canadian dollars based on the closing day exchange rate published by Bloomberg on the day prior to the date of payment.
Investment in Company. Buyer shall have consummated an aggregate investment of USD $3.0 million in the share capital of Company (which amount includes the Exclusivity Payment).
Investment in Company. (a) On the terms and subject to the conditions of this Agreement, on the Closing Date, the Investor hereby subscribes for and agrees to purchase from the Company, and the Company agrees to issue from treasury and sell to the Investor, 8,220,645 Common Shares, being the Subscription Shares, at the Purchase Price for total proceeds of $30,663,006 (the “Proceeds”), representing not less than 9.9% of the issued and outstanding Common Shares, after giving effect to the issuance of the Subscription Shares.
(b) In the event Common Shares are issued pursuant to the exercise of any Convertible Securities during the Interim Period such that the Subscription Shares purchased on the Closing Date constitute less than 9.9% of the issued and outstanding Common Shares, then the Common Shares to be subscribed for by the Investor on Closing shall be increased so that the Investor’s percentage ownership interest in the issued and outstanding Common Shares is not less than 9.9% immediately following Closing.
Investment in Company. 1.1 On the Closing Date (as defined in Section 6), the Investor shall (a) make a capital contribution to the Company in an amount equal to Twelve Million Nine Hundred Thousand Dollars ($12,900,000.00), (the “Investor Capital Contribution”), and (b) be admitted to the Company, following which the Investor shall hold 30% of the membership interests in the Company (the “Investor Interests”). The Capital Contribution shall be paid in cash at Closing (as defined in Section 6) by release of the Deposit (as defined in Section 2.1) from escrow, and the balance by wire transfer of immediately available funds, in each case, to an account of the Company, as designated by the Company.
Investment in Company. On the terms and subject to the conditions of this Agreement, on the Closing Date, the Investor shall purchase from the Company, and the Company agrees to issue 157,325,071 Common Shares representing 54% of the number of outstanding Common Shares as at the Closing Date (the "Subscription Shares"), for total proceeds of $80,000,000.00 (the "Investment Proceeds").
Investment in Company. Investor agrees they are not making a purchase of any stocks, shares, or other commodities that sell on any stock exchange platform. Investors are purchasing units of value in the company whose goal is to maximize return after Company invests in said stocks, shares or other commodities.
Investment in Company. Within 60 days of your first day of --------------------- employment, Executive agrees to purchase at least 20,000 shares of the Company's common stock. Executive agrees to comply with the Company's standard trading policies in acquiring such shares.
Investment in Company. On the terms and subject to the conditions of this Agreement, on the Closing Date, the Investor agrees to subscribe for and purchase from the Company, and the Company agrees to issue and sell to the Investor, free and clear of any En- cumbrances, a number of Common Shares (the “Subscription Shares”) equal to 25% of the is- sued and outstanding Common Shares, on a fully-diluted basis, after giving effect to the issuance of the Subscription Shares as contemplated by this Article II, for total proceeds equal to CAD$35,000,000 (the “Purchase Price”) payable by the Investor to the Company in Korean Won, based upon the Canadian Dollar to KRW exchange rate as of the Closing Date.
