Examples of Additional Capital Commitment in a sentence
Each of Icahn and Macklowe shall cause each of Icahn Company and Macklowe Company, respectively, to make an Additional Capital Contribution to the Partnership on the date, in the amount and otherwise in accordance with the terms prescribed by a Capital Contribution Request Letter, provided that such Additional Capital Contribution does not cause such General Partner to make an Additional Capital Contribution beyond its Additional Capital Commitment pursuant to the last in time Commitment Letter.
Also, each of Icahn and Macklowe shall be entitled, from time to time, to make an Additional Capital Contribution to the Partnership (the "Contribution Right"), provided the aggregate of all Additional Capital Contributions contributed by such General Partner to the Partnership from the date of the last in time Commitment Letter does not exceed the Additional Capital Commitment of such General Partner set forth in such Commitment Letter.
Also, each of Icahn and Macklowe shall be entitled, from time to time, to make an Additional Capital Contribution to the Partnership (the “Contribution Right”), provided the aggregate of all Additional Capital Contributions contributed by such General Partner to the Partnership from the date of the last in time Commitment Letter does not exceed the Additional Capital Commitment of such General Partner set forth in such Commitment Letter.
Effective upon the execution of this Agreement, Nuleaf and Medifarm III each shall agree to contribute 50% the Additional Capital Commitment to the Company, in the amount of $430,000 each, on or before November 30, 3017.
If SAU elects to increase its Capital Commitment as described herein, then Inland shall have the right (but not the obligation) to increase its Capital Commitment by up to $6.25 million (the “Inland Additional Capital Commitment”, and collectively with the SAU Additional Capital Commitment, the “Additional Capital Commitments”), for an aggregate Capital Commitment by Inland of up to $31.25 million.
The remaining $750,000 of the Additional Capital Commitment shall be made by the Investor to the Sponsor in cash on the later of the Sponsor’s request and the first filing of the S-4 for the SPAC’s business combination.
The Additional Capital Commitment of AHSB is expected to be funded through a combination of internally generated funds of AMPROP Group, proceeds from the proposed rights issue of redeemable convertible preference shares to be undertaken by AMPROP and/or bank borrowings, the breakdown of which would be ascertained at a later date.
Such Plan Sponsor is not a party to any Contract with any Person (other than this Agreement) that would give rise to a valid claim against the Company, for a brokerage commission, finder’s fee or like payment in connection with the Emergence Equity Units or the Additional Capital Commitment Units, or the Plan or any other transaction contemplated by the Transaction Agreements.
Firms rely on such kind of systematic new business development methods to control risk within the new business development, and to avoid situations where they have more risk of failure than the chance to succeed (Sarasvathy, Simon, & Lave, 1998).
The Additional Capital Commitment is not expected to have a material effect on the earnings per share of AMPROP Group for the financial year ending 31 March 2018.