Common use of The Meaning of Investment OBLIGATION Clause in Contracts

The Meaning of Investment OBLIGATION. The term investments implies the investments directly in the Company, not sourced from the Company’s assets, in the period of three years after signing the Agreement. Investments shall be in cash or tangible assets (land and buildings, new facilities and equipment, vehicles, furniture and office equipment, construction facilities) - (quote from Investment Plan). Direct cash payments from the Buyer so as to offset the Company’s debt shall be considered an investment. Investments financed from the retained revenues of the Company shall not be considered an investment as defined above.

Appears in 4 contracts

Samples: Share Purchase Agreement, Share Purchase Agreement, Share Purchase Agreement

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