Investment Transaction. The Purchasers shall have immediately prior thereto purchased the Preferred Stock and the Company shall have received payment therefor in full, in the manner set forth in Paragraph 1D above.
Investment Transaction. The investment by TA Equity of at least $45,000,000 of new cash equity in Holdco, which will be contributed to the Borrower upon and as a result of the consummation of the Merger Transaction, and the contribution by certain current stockholders of the Borrower of common stock in the Borrower in exchange for cash and common stock in Holdco. Landlord Waivers. Collectively, the separate landlord waivers which have been or are executed and delivered to the Lender by the landlord under any real property Lease, each in form and substance reasonably satisfactory to the Lender.
Investment Transaction. The consequence of the contract concluded between the Bank and the Investor upon agreement between the Offer and Acceptance under this contract and in accordance with its terms and conditions.
Investment Transaction. On the basis of the representations, warranties, covenants and agreements set forth herein and subject to the satisfaction or waiver of the conditions set forth in Section 2 below, each of the Purchasers and the Company agrees to and shall consummate, and the Sellers shall cause the Company to consummate, at the Closing, the following transaction (the "Investment Transaction"): the Company shall sell to each Purchaser, and each Purchaser shall purchase from the Company, the number of shares of Redeemable Preferred Stock and Convertible Preferred Stock set forth opposite such Purchaser's name on the Schedule of Purchasers attached hereto, upon payment of immediately available funds in the amount set forth opposite such Purchaser's name on the Schedule of Purchasers attached hereto, payable in the manner set forth in Paragraph 1D(i) below. The aggregate purchase price for such shares of Redeemable Preferred Stock shall be equal to $48,268,400 (the "Redeemable Preferred Stock Purchase Price") and the aggregate purchase price for such shares of Convertible Preferred Stock shall be equal to $48,268,400 (the "Convertible Preferred Stock Purchase Price" and, together with the Redeemable Preferred Stock Purchase Price, the "Purchase Price").
Investment Transaction. The Board may, at any time upon the giving of notice to the Manager, modify or revoke the authority set forth in this Section 2(f); provided, however, that such modification or revocation shall be effective upon receipt by the Manager and shall not be applicable to Investment Transactions to which the Manager has committed the Company prior to the date of receipt by the Manager of such notification.
Investment Transaction. Every investment transaction must be reviewed and authorized by the Treasurer. In the absence of the Treasurer, the authority to review and authorize investment transactions is delegated to the Assistant Finance Director, within the scope outlined in the Investment Policy. The daily investment transactions may be delegated to the Assistant Finance Director, Accounting Supervisor, or one of the Department’s Accountants. All investment transactions will be reviewed and approved by the Finance Department’s Accountant who is not responsible for the daily investment activity. Following the Accountant’s review and approval, the Finance Director will review and approve the investment transactions.
Investment Transaction. On the basis of the representations, warranties, covenants and agreements set forth herein and subject to the satisfaction or waiver of the conditions set forth in Section 2, each of the Investors and the Company agrees to and shall consummate, at the Closing, the following transaction (the "Investment Transaction"): the Company shall sell to each Investor, and each Investor shall purchase from the Company, the number of Investor Preferred Shares set forth opposite such Investor's name on the Schedule of Investors attached hereto upon payment of immediately available funds in the amount set forth opposite such Investor's name on the Schedule of Investors attached hereto, payable in the manner set forth in Paragraph 1E(ii) below. The aggregate purchase price for the Investor Preferred Shares shall be equal to $12,200,000 (the "Investor Preferred Share Purchase Price").
Investment Transaction. The Investors shall have simultaneously purchased the Investor Preferred Shares and the Company shall have received payment therefor in full, in the manner set forth in Paragraph 1E above.
Investment Transaction. On the basis of the representations, warranties, covenants and agreements set forth herein and subject to the satisfaction or waiver of the conditions set forth in ARTICLE 3 and ARTICLE 4 and the simultaneous consummation of the Repurchase Transaction (as defined below), the Company and each of the Investors agree to and shall consummate the following transaction (the “Investment Transaction”) at the Closing:
(i) the Company shall sell to the Investors, and the Investors shall purchase from the Company, an aggregate of Twenty Two Million Seven Hundred Twenty Seven Thousand Nine Hundred Thirteen (22,727,913) shares of Series B Preferred, with the number of shares of Series B Preferred to be purchased by each Investor set forth opposite such Investor’s name on the Schedule of Investors attached hereto (as such number of shares may be adjusted, if necessary, in accordance with the footnotes set forth on the Schedule of Investors) for an aggregate purchase price equal to One Hundred Twenty Seven Million Seven Hundred Fifty Two Thousand Two Hundred Seventy Two Dollars and Eighty Eight Cents ($127,752,272.88) (the “Preferred Stock Purchase Price”), payable in the manner set forth in Paragraph 2D(iii) below; and
(ii) the Investors shall pay to the Company (in the manner set forth in Paragraph 2D(iii) below) the portion of the Preferred Stock Purchase Price set forth opposite such Investor’s name on the Schedule of Investors attached hereto (as such amount may be adjusted, if necessary, in accordance with the footnotes set forth on the Schedule of Investors).
Investment Transaction. The Investors shall have simultaneously purchased the shares of Series B Preferred and delivered the Preferred Stock Purchase Price to the Company in the manner set forth in Xxxxxxxxx 0X.
