Investment Obligation Sample Clauses

Investment Obligation. The Buyer commits hereunder to make investments into the Company in total amount of ------------- KM (in words………) within ….. years as from the date on which this Agreement is executed:  Year 1 KM  Year 2… KM  Year 3 KM
Sample 1
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Investment Obligation. Except for those Projects which the Supplied Party will build or pay for as a Mandatory Project, the Supplied Party will not be required to make any initial capital or ongoing investment beyond the commitment of business pursuant to the Alliance Pricing system and the Alliance Agreements.
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Investment Obligation. Provided that Executive has received payment for his Aon Corporation vested RSUs within six months following the Effective Date, Executive shall invest $5,000,000 in common equity of Capital within the 210-day period following the Effective Date at the then current fair market value of Capital common stock. Executive’s investment pursuant to this Section 1.11 shall be subject to the Registration Rights Agreement. For the avoidance of doubt, Executive’s investment pursuant to this Section 1.11 shall not be subject to any call rights set forth in Section 6 of the Stockholders Agreement.
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Investment Obligation. Each Guarantor shall use its best efforts to obtain an agreement from each Permitted Lien holder to allow LLCP the rights of notice and review, and to application of the proceeds, as provided by this section upon the sale of or refinancing of Indebtedness secured by Second Lien Assets.
Sample 1
Investment Obligation. Purchaser shall invest not less than $1.4 million in the Club during the first 3 years following the Closing, which investment shall include, without limitation, any expenditures on furnishings, fixtures or equipment. Such expenditures may, but need not, be similar in nature and magnitude to those described in the list of possible improvements set forth in the attached Schedule 6.6.
Sample 1
Investment Obligation. 4.1. In accordance with the present agreement, the buyer shall invest of at least 8 000 000 (eight million) GEL in the capital of Georgian Cargo LLC within 24 calendar months after the purchase of the 51% share in Georgian Cargo LLC. 4.2. The buyer shall drposit 200 000 (two hundred thousand) GEL in the Georgian Cargo LLC capital within 3 working days upon the signing of the Share Purchase Agreement to ensure launching of the Georgian Cargo LLC business and its smooth functioning (this includes expenses for the accounting program, obtaining/acquiring licences or/and permits, registration and other costs and expenses). 4.3. After the sum governed by paragraph 4.2. of the present agreement has been deposited, the schedule of entering the remaining investment sum into the capital of the company shall be defined by Georgian Post LTD. The failure by Georgian Post LTD to present the schedule to the buyer does not relieve the latter of the obligation of making the investment as per the Auction Terms no later than 24 months after the date of the purchase of the 51% share in Georgian Cargo LLC. 4.4. The sum specified in paragraph 4.2. of the present agreement shall be considered as the amount of the investment to be made by the buyer in accordance with paragraph 4.1 herein above. 4.5. The investment by the buyer in the capital of Georgian Cargo LLC will not lead to an increase of the 51% share owned bythe buyer. 4.6. Upon the agreement with Georgian Post LTD, the buyer will be entitled to invest machinery, equipment, automated equipment and devices, vehicles/transportation facilities and other inventory required for international cargo and logistics business into the capital of Georgian Cargo LLC instead of a part of the investment sum governed by paragraph 4.1 of the present agreement. The cost of the material contribution (determined by an audit assessment qualified as an auditor and registered in the registry published on the website of the Accounting, Reporting and Audit Supervision Service Auditors as the person performing Financial Reporting Audits of the Persons of Public Interest) will be considered as the part of the investment sum. 4.7. The investment of the asset as per paragraph 4.6. of the present agreement by the buyer into the Georgian Cargo LLC capital will not lead to increase of the 51% share owned by the buyer. 4.8. The investment made by the buyer in the capital of Georgian Cargo LLC shall be used to finance the capital expenditures required for...
Sample 1

Related to Investment Obligation

  • Repayment Obligation In the event that any State and/or federal funds are deferred and/or disallowed as a result of any audits or expended in violation of the laws applicable to the expenditure of such funds, the Contractor shall be liable to the Agency for the full amount of any claim disallowed and for all related penalties incurred. The requirements of this paragraph shall apply to the Contractor as well as any subcontractors.

  • Depositor Payment Obligation The Depositor shall be responsible for payment of the Administrator’s compensation under the Administration Agreement and shall reimburse the Administrator for all expenses and liabilities of the Administrator incurred under the Administration Agreement.

  • Independent Obligation The obligations of each Guarantor hereunder are independent of the obligations of any other Guarantor or the Borrower, and a separate action or actions may be brought and prosecuted against each Guarantor whether or not action is brought against any other Guarantor or the Borrower and whether or not any other Guarantor or the Borrower is joined in any such action or actions.

  • Payment Obligations Absolute The Company’s obligation during and after the Employment Period to pay the Executive the amounts and to make the benefit and other arrangements provided herein shall be absolute and unconditional and shall not be affected by any circumstances, including, without limitation, any setoff, counterclaim, recoupment, defense or other right which the Company may have against him or anyone else. Except as provided in Section 15, all amounts payable by the Company hereunder shall be paid without notice or demand. Each and every payment made hereunder by the Company shall be final, and the Company will not seek to recover all or any part of such payment from the Executive, or from whomsoever may be entitled thereto, for any reason whatsoever.

  • The Companys Payment Obligation The Company’s obligation to make the payments and the arrangements provided for herein will be absolute and unconditional, and will not be affected by any circumstances, including, without limitation, any offset, counterclaim, recoupment, defense, or other right which the Company may have against the Executive or anyone else. All amounts payable by the Company hereunder will be paid without notice or demand. Each and every payment made hereunder by the Company will be final, and the Company will not seek to recover all or any part of such payment from the Executive or from whomsoever may be entitled thereto, for any reasons whatsoever. The Executive will not be obligated to seek other employment in mitigation of the amounts payable or arrangements made under any provision of this Agreement, and the obtaining of any such other employment will in no event effect any reduction of the Company’s obligations to make the payments and arrangements required to be made under this Agreement, except to the extent provided in Sections 3.3(e) and (f) herein. Notwithstanding anything in this Agreement to the contrary, if Severance Benefits are paid under this Agreement, no severance benefits under any program of the Company, other than benefits described in this Agreement, will be paid to the Executive.

  • Payment Obligation The RTOs each assume responsibility for ensuring that their respective payment obligations resulting from the M2M coordination process set forth in Schedule D to this Agreement are satisfied without regard for their ability to collect such payments from their respective customers.

  • Client Obligations 3.1 The Client warrants and represents that: 3.1.1 it shall co-operate with Centaur as required for the proper performance of the Services; 3.1.2 it shall provide, for Centaur, its agents, subcontractors, consultants and employees, in a timely manner and at no charge, access to the Client's premises during normal office hours (being Monday – Friday 8am – 6pm), office accommodation, data and other facilities as is reasonably required by Centaur or any of them for the proper performance of the Services; 3.1.3 all information it has provided to Centaur in relation to the Services as at the date of the Order Form is accurate, complete and is not misleading and it shall provide, in a timely manner, such further information and Client Material as Centaur may require for the proper performance of the Services, and ensure that such information and Client Material is accurate, complete and not misleading; 3.1.4 it shall be responsible (at its own cost) for preparing and maintaining the relevant premises for the supply of the Services; 3.1.5 it shall inform Centaur of all health and safety rules and regulations and any other reasonable security requirements that apply at any of the Client's premises; 3.1.6 it shall only use the Services for internal business purposes and, without prejudice to the foregoing, shall not use the Services, the Deliverables or any Centaur Materials to develop a product or service that competes with any of the products or services provided by Centaur; 3.1.7 the Client Materials shall not infringe any third party rights, including any third party Intellectual Property Rights; and 3.1.8 it shall obtain and maintain all necessary licences and consents and comply with all relevant legislation in relation to the Services, before the date on which the Services are to start. 3.2 If Centaur's performance of its obligations under this Agreement is prevented or delayed by any act or omission of the Client, its agents, subcontractors, consultants or employees, Centaur shall not be liable for any costs, charges or losses sustained or incurred by the Client that arise directly or indirectly from such prevention or delay.

  • Independent Obligations The Guarantor acknowledges that its obligations hereunder are independent of the obligations of the Issuer with respect to the Capital Securities and that the Guarantor shall be liable as principal and as debtor hereunder to make Guarantee Payments pursuant to the terms of this Guarantee notwithstanding the occurrence of any event referred to in subsections (a) through (g), inclusive, of Section 4.3 hereof.

  • Unpaid Reimbursement Obligation Any Reimbursement Obligation for which the applicable Borrower does not reimburse the Administrative Agent and the Lenders on the date specified in, and in accordance with, §4.

  • Joint Obligation If there be more than one Tenant the obligations hereunder imposed upon Tenants shall be joint and several.

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