Investment in the Desired Development Zone Sample Clauses

Investment in the Desired Development Zone. The Company shall expand its Sales and Operations Office at a facility within the City of Austin’s Desired Development Zone in the Central Business District. The Company shall ensure that: (a) After the Effective Date of this Agreement, and before December 31, 2015, the Company or its lessor, or landlord, or owner of the real property at which the Sales and Operations Office is located, has invested at least Four Million and No/100 Dollars ($4,000,000) in real property; and (b) After the Effective Date of this Agreement and before December 31, 2015 the Company has invested at least One Million, Five Hundred Thousand and No/100 Dollars ($1,500,000) in the purchase and installation of business personal property at the Sales and Operations Office to be used at the Sales and Operations Office to support the operations of the Sales and Operations Office.
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Investment in the Desired Development Zone. The Company shall locate its Corporate Headquarters (the “Austin Center”) at 00000 X Xxxxxxxxx Xxxxxxxxx or another facility within the City of Austin’s Desired Development Zone. The Company shall ensure that: (a) After the Effective Date of this Agreement, and before December 31, 2015, the Company or its lessor, or landlord, or owner of the real property at which the Austin Center is located, has invested at least Two Million, Six Hundred Ten Thousand and No/100 Dollars ($2,610,000) in leasehold improvements, including design, labor, and materials; and (b) After the Effective Date of this Agreement and before December 31, 2015 the Company has invested at least Seven Million, Three Hundred Twenty-Five Thousand and No/100 Dollars ($7,325,000) in the purchase and installation of business personal property at the Austin Center to be used at the Austin Center to support the operations of the Austin Center.
Investment in the Desired Development Zone. The Company shall establish its Austin- based manufacturing and distribution center (the “Manufacturing and Distribution Center”) at a facility located within the City’s Desired Development Zone. The Company shall ensure that: (a) after the Effective Date of this Agreement, and before June 30, 2014, the Company or its lessor, or landlord, or owner of the real property at which the Manufacturing and Distribution Center is located, has invested at least Thirty Million and No/100 Dollars ($30,000,000.00) in the construction of a new facility and (b) after the effective date of this Agreement and before December 31, 2017 the Company has invested at least Six Million and No/100 Dollars ($6,000,000.00) in the purchase of business personal property to be installed and used at the Manufacturing and Distribution Center to support the operation of the Manufacturing and Distribution Center.
Investment in the Desired Development Zone. The Company or its Affiliate shall establish its Austin-based Global IT center (the “Global IT Center”) at a facility located within the City’s Desired Development Zone. The Company shall ensure that: (a) after the Effective Date of this Agreement, and before December 31, 2015, the Company and/or its Affiliates or its lessor, or landlord, or owner of the real property at which the Global IT Center is located, has invested at least Eighteen Million Six Hundred Fifty-Three Thousand Two Hundred Seventeen and No/100 Dollars ($18,653,217) in leasehold improvements, including the design thereof, in an existing facility; and (b) after the Effective Date of this Agreement and before December 31, 2015 the Company and/or its Affiliates have invested at least Eight Million Six Hundred Fifty- Nine Thousand Seven Hundred One and No/100 Dollars ($8,659,701) in the purchase of business personal property to be installed and used at the Global IT Center to support the operation of the Global IT Center.
Investment in the Desired Development Zone. The Project will be constructed in two phases (“Phase I” and “Phase II”). For Phase I of the Project, after the Effective Date (as defined in Section 3.01) and by December 31, 2015, APPLE shall invest at least Fifty-six Million Five Hundred Thousand and No/100 Dollars ($56,500,000) (“Phase I Investment”) in real property improvements (“New Improvements”) and New Machinery and Equipment (as hereafter defined) associated with the construction of new facilities that will function as APPLE’s Americas Operations Center, to be located at West Xxxxxx Xxxx and Xxxxxxx Drive in Austin, Texas, or any other location within the City’s Desired Development Zone (as defined in Section 25-1-21 of the Austin City Code), that

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