Maximum Investment Clause Samples
The Maximum Investment clause sets a cap on the total amount of money that an investor or group of investors can contribute to a particular investment opportunity or funding round. In practice, this means that once the specified maximum amount is reached, no further investments will be accepted, regardless of additional interest from other parties. This clause helps manage the size of the investment, prevents overfunding, and ensures that the terms of the deal remain consistent and manageable for all parties involved.
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Maximum Investment. (a) Notwithstanding any other provision, the Parties agree that Glencore shall not be required or permitted to subscribe for any Rights Offering Shares and/or Standby Shares pursuant to its Basic Subscription Right, Additional Subscription Privilege and/or Standby Commitment if the subscription for such Shares would result in the value of Glencore’s aggregate subscription under the Rights Offering having a fair market value greater than the result of: (x) 24.99% of PolyMet’s Market Capitalization as of the date of this Agreement; less (y) the sum of: (A) the Standby Fee; and (B) the fair market value of all other transactions contemplated by the Rights Offering and related transaction in so far as they relate to Glencore (other than the Loan) as determined by the Board acting reasonably (the "Market Capitalization Limit") such amount being US$53,063,160. If the fair market value of the subject matter of, or the fair market value of the consideration, for the transactions contemplated by this Agreement exceeds 25% of PolyMet’s Market Capitalization as of the date of this Agreement the Parties shall endeavour in good faith negotiations to amend this Agreement and any related document which amendments the economic effect of which would come as close to as possible of the intent of the Parties underlying this Agreement and applicable related documents.
(b) Notwithstanding anything to the contrary in this Agreement, Glencore shall not be required or permitted to subscribe for any Rights Offering Shares and/or Standby Shares pursuant to its Basic Subscription Right, Additional Subscription Privilege and/or Standby Commitment to the extent that any such subscription for any such Shares would result in Glencore's ultimate parent entity (within the meaning of the HSR Act) holding (within the meaning of the HSR Act) more than 49.99% of PolyMet's then outstanding Shares (with the Market Capitalization Limit the "Maximum Investment"). For the avoidance of doubt, the foregoing shall not be construed to limit any right and/or obligation of Glencore hereunder to subscribe for any Rights Offering Shares and/or Standby Shares to the extent that any such subscription for any such Shares would not result in Glencore's ultimate parent entity (within the meaning of the HSR Act) holding (within the meaning of the HSR Act) more than 49.99% of PolyMet's then outstanding Shares. If, through Glencore's subscription for the Rights Offering Shares and/or Standby Shares, Glencore's ul...
Maximum Investment. After completion of the Reorganization, no Person and said Person’s Affiliates may at any time hold more than 1.5 percent of the issued and outstanding Class A Capital Units. If a Person violates this limit, the Company may redeem the Class A Capital Units held by said Person in excess of this limitation as provided in Section 4.3.
Maximum Investment. The maximum aggregate value of all notes issued to Investors under this Agreement shall not exceed $1,000,000.
Maximum Investment. The maximum investment per annum will be determined by HMRC in the UK and may vary from year to year.
Maximum Investment. No Member may own more than twenty percent (20%) of the Membership Interests and Membership Units issued by the Company pursuant to a registered public offering initiated by the Company in the year 2006.
Maximum Investment. Notwithstanding anything to the contrary in the Investment Documents, the maximum amount that Buyer shall be obligated to pay under this Purchase Agreement shall be $[***], (the “Maximum Investment”), subject to any future amendment to increase the Maximum Investment, such as, for example, upon any additional acquisition of mutually agreeable Patents for Monetization. Other than Buyer’s obligation to make Purchase Price Payments in accordance with the terms of the Investment Documents, Buyer has no obligation to pay any fees, expenses, or other sums. For the avoidance of doubt, ▇▇▇▇▇ has no obligation to pay fees or expenses incurred by Seller or its attorneys in connection with any claim asserted by a third-party against Seller, and ▇▇▇▇▇ has no obligation to pay any settlements, judgments, or awards against Seller, including any fee award against Seller. The maximum aggregate amounts of the Operating Capital Purchase Price Payments, the Monterey Patent Acquisition Purchase Price Payment, MR Licensing Patent Enforcement Purchase Price Payments and Patent Maintenance Fee Purchase Price Payments shall not exceed the limits set forth in Schedule III.
Maximum Investment. As of the Closing, the number of Shares issued to any Investor (or any group of investors (as identified in a public filing made with the Commission) of which the Investor is a party pursuant to this Agreement will not constitute more than 17.5% of the issued and outstanding shares of Common Stock (or securities convertible into or exercisable for shares of Common Stock) or the voting power of the Company after giving effect to the issue and sale of the Shares hereunder. ACTIVE/99146285.7
Maximum Investment. Investor shall not be obligated to purchase any additional Tranche Shares once the aggregate Tranche Purchase Price paid by Investor equals the Maximum Investment.
Maximum Investment. The investment by tbg serves the subsidiary financing of innovation projects. It is limited to DM 3,000,000 per TC. This maximum amount may be used to promote several innovation projects.