Investment in Project Sample Clauses

Investment in Project. (a) The Company hereby agrees to acquire, construct, equip, or improve or cause to be acquired, constructed, equipped, or improved, the Project, as the same shall be determined from time to time by the Company in its sole discretion. As required by Section 12-44-30(2) of the Negotiated FILOT Act, at least a portion of the Negotiated FILOT Property comprising the Project shall be placed in service no later than the end of the Property Tax Year which is three years from the year in which this Agreement is entered, i.e., the Property Tax Year ending on December 31, 2018.
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Investment in Project. (a) The County hereby agrees and acknowledges that the Company has met all investment and job creation requirements with respect to the Project required by the Lease and/or the Act, including without limitation the Streamlined FILOT Act, and that the Company is currently in compliance with all requirements set forth in the Lease.
Sample 1
Investment in Project. For the Project, the Company agrees, together with any Sponsor Affiliates, to invest, or cause to be invested by any Sponsor Affiliates, at least Twenty-Five Million Seven Hundred Twenty-Five Thousand Dollars ($25,725,000) (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 at least Ten Million Dollars ($10,000,000) (without regard to depreciation or other diminution in value) in Equipment, in the aggregate, at the Project by the end of the Compliance Period (collectively, the “Investment Requirement”). The Company agrees, together with any Sponsor Affiliates, to satisfy, or cause the satisfaction of, and maintain, or cause the maintenance of, the Investment Requirement throughout the entire term of the FILOT (without regard to depreciation or other diminution in value).
Sample 1
Investment in Project. Ex-Im Bank shall have received evidence satisfactory to it that the Borrower has applied amounts constituting Corporate Cash Balance from time to time to the payment of Project Costs in an aggregate amount of (i) not less than US$2.15 for every US$1.00 of original Tranche A Commitment, and (ii) not less than US$0.70 for every US$1.00 of original Tranche B Commitment.
Sample 1
Investment in Project. 11  Section 5.02 Filings; Confidentiality 12  Section 5.03 Payment of Administrative Expenses 13  Section 5.04 Use of Project for Lawful Activities 14  Section 5.05 Maintenance of Existence 14  Section 5.06 ndemnification 15 ARTICLE VI FEES IN LIEU OF TAXES 16 TABLE OF CONTENTS (continued) Page  Section 6.01Payment of Negotiated Fees in Lieu of Ad Valorem Property Taxes 16  Section 6.02 Statutory Lien 19 ARTICLE VII THIRD PARTY ARRANGEMENTS 20  Section 7.01 Conveyance of Liens and Interests; Assignment 20  Section 7.02 Sponsors and Sponsor Affiliates 21  ARTICLE VIII TERM; TERMINATION 22  Section 8.01 Term 22  Section 8.02 Termination 22 ARTICLE IX EVENTS OF DEFAULT AND REMEDIES 22  Section 9.01 Events of Default 22  Section 9.02 Remedies on Event of Default 23  Section 9.03 Defaulted Payments 23  Section 9.04 Default by County 24  Section 9.05 No Additional Waiver Implied by One Waiver 24 ARTICLE X MISCELLANEOUS 24  Section 10.01 Rights and Remedies Cumulative 24  Section 10.02 Successors and Assigns 24  Section 10.03 Notices; Demands; Requests 24  Section 10.04 Applicable Law 26  Section 10.05 Entire Understanding 26  Section 10.06 Severability 26 TABLE OF CONTENTS (continued) Page  Section 10.07 Headings and Table of Contents; References 26  Section 10.08 Multiple Counterparts 26  Section 10.09 Amendments 26  Section 10.10 Waiver 26  Section 10.11 Further Proceedings 26 EXHIBIT A LAND DESCRIPTION AMENDATORY FEE IN LIEU OF TAX AGREEMENT THIS AMENDATORY FEE IN LIEU OF TAX AGREEMENT (this “Agreement”) dated as of May 19, 2015, by and between CHARLESTON COUNTY, SOUTH CAROLINA (the “County”), a body politic and corporate and a political subdivision of the State of South Carolina, and DAIMLER VANS MANUFACTURING, LLC, a limited liability company organized and existing under the laws of the State of Delaware, acting for itself, one or more affiliates or other project sponsors and as successor through a series of assignments to Victoria 1998 Trust (the “Company”).
Sample 1
Investment in Project 
Sample 1

Related to Investment in Project

  • PIPE Investment (a) Unless otherwise approved in writing by the Company, no Acquiror Party shall permit any amendment or modification to be made to, any waiver (in whole or in part) or provide consent to (including consent to termination), of any provision under any of the Subscription Agreements in a manner adverse to the Company and/or its Subsidiaries. Acquiror shall use commercially reasonable efforts to take, or cause to be taken, all actions and do, or cause to be done, all things necessary, proper or advisable to consummate the transactions contemplated by the Subscription Agreements on the terms and conditions described therein, including maintaining in effect the Subscription Agreements and to: (i) satisfy in all respects on a timely basis all conditions and covenants applicable to Acquiror in the Subscription Agreements and otherwise comply with its obligations thereunder, (ii) in the event that all conditions in the Subscription Agreements (other than those conditions that by their nature are to be satisfied at the Closing) have been satisfied, consummate transactions contemplated by the Subscription Agreements in accordance with the terms thereof; (iii) confer with the Company regarding timing of the Expected Closing Date (as defined in the Subscription Agreements); and (iv) deliver notices to counterparties to the Subscription Agreements sufficiently in advance of the Closing to cause them to fund their obligations immediately prior to the First Merger. Without limiting the generality of the foregoing, Acquiror shall give the Company, prompt written notice: (A) of any amendment to any Subscription Agreement; (B) of any material breach or default (or any event or circumstance that, with or without notice, lapse of time or both, could give rise to any material breach or default) by any party to any Subscription Agreement known to any Acquiror Party; (C) of the receipt of any material notice or other communication from any party to any Subscription Agreement with respect to any actual, potential, threatened or claimed expiration, lapse, withdrawal, breach, default, termination or repudiation by any party to any Subscription Agreement or any provisions of any Subscription Agreement in any material respects; and (D) if Acquiror does not expect to receive all or any portion of the PIPE Investment Amount on the terms, in the manner or from the PIPE Investors as contemplated by the Subscription Agreements.

  • Investment Related Property Each Grantor recognizes that, by reason of certain prohibitions contained in the Securities Act and applicable state securities laws, the Collateral Agent may be compelled, with respect to any sale of all or any part of the Investment Related Property conducted without prior registration or qualification of such Investment Related Property under the Securities Act and/or such state securities laws, to limit purchasers to those who will agree, among other things, to acquire the Investment Related Property for their own account, for investment and not with a view to the distribution or resale thereof. Each Grantor acknowledges that any such private sale may be at prices and on terms less favorable than those obtainable through a public sale without such restrictions (including a public offering made pursuant to a registration statement under the Securities Act) and, notwithstanding such circumstances, each Grantor agrees that any such private sale shall be deemed to have been made in a commercially reasonable manner and that the Collateral Agent shall have no obligation to engage in public sales and no obligation to delay the sale of any Investment Related Property for the period of time necessary to permit the issuer thereof to register it for a form of public sale requiring registration under the Securities Act or under applicable state securities laws, even if such issuer would, or should, agree to so register it. If the Collateral Agent determines to exercise its right to sell any or all of the Investment Related Property, upon written request, each Grantor shall and shall cause each issuer of any Pledged Stock to be sold hereunder, each partnership and each limited liability company from time to time to furnish to the Collateral Agent all such information as the Collateral Agent may request in order to determine the number and nature of interest, shares or other instruments included in the Investment Related Property which may be sold by the Collateral Agent in exempt transactions under the Securities Act and the rules and regulations of the Securities and Exchange Commission thereunder, as the same are from time to time in effect.

  • Investments in Real Estate Make any investment or commitment to invest in real estate or in any real estate development project (other than by way of foreclosure or acquisitions in a bona fide fiduciary capacity or in satisfaction of a debt previously contracted in good faith, in each case in the ordinary course of business consistent with past practice).

  • Investment Assets Those assets of the Fund as the Advisor and the Fund shall specify in writing, from time to time, including cash, stocks, bonds and other securities that the Advisor deposits with the Custodian and places under the investment supervision of the Sub-Advisor, together with any assets that are added at a subsequent date or which are received as a result of the sale, exchange or transfer of such Investment Assets.

  • Investment of the Exchange Fund The Exchange Agent shall invest any cash included in the Exchange Fund as directed by Parent on a daily basis. Any interest and other income resulting from such investments shall promptly be paid to Parent.

  • Pledged Equity Interests, Investment Related Property (a) it is the record and beneficial owner of the Pledged Equity Interests free of all Liens, rights or claims of other Persons and there are no outstanding warrants, options or other rights to purchase, or shareholder, voting trust or similar agreements outstanding with respect to, or property that is convertible into, or that requires the issuance or sale of, any Pledged Equity Interests;

  • Investments of a Restricted Subsidiary of the Company acquired after the Issue Date or of an entity merged into or consolidated with a Restricted Subsidiary of the Company in a transaction that is not prohibited by Section 5.01 after the Issue Date to the extent that such Investments were not made in contemplation of such acquisition, merger or consolidation and were in existence on the date of such acquisition, merger or consolidation;

  • Uncertificated Securities and Certain Other Investment Property The Debtor will permit the Agent from time to time to cause the appropriate issuers (and, if held with a securities intermediary, such securities intermediary) of uncertificated securities or other types of Investment Property not represented by certificates which are Collateral to xxxx their books and records with the numbers and face amounts of all such uncertificated securities or other types of Investment Property not represented by certificates and all rollovers and replacements therefor to reflect the Lien of the Agent granted pursuant to this Security Agreement. The Debtor will take any actions necessary to cause (i) the issuers of uncertificated securities which are Collateral and which are Securities and (ii) any financial intermediary which is the holder of any Investment Property, to cause the Agent to have and retain Control over such Securities or other Investment Property. Without limiting the foregoing, the Debtor will, with respect to Investment Property held with a financial intermediary, cause such financial intermediary to enter into a control agreement with the Agent in form and substance satisfactory to the Agent.

  • Investment Canada The Purchaser is not a non-Canadian within the meaning of the Investment Canada Act (Canada).

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