Commitment to invest definition

Commitment to invest means one or both of the following:
Commitment to invest means, for any person and on any date, the product of (A) the number of shares of Company Common Stock such person is committed to purchase from the Company under the Stock Purchase Agreement on or after such date and (B) the Fair Market Value of the Company Common Stock on such date.

Examples of Commitment to invest in a sentence

  • Commitment to invest 250k in capital over 6-month period beginning in January and facilitate future fund raising for the Client.

Related to Commitment to invest

  • Commitment Annex means Annex A to this Agreement.

  • Total Revolving Loan Commitment means, at any time, the sum of the Revolving Loan Commitments of each of the Lenders at such time.

  • Swing Loan Commitment means PNC Bank’s commitment to make Swing Loans to the Borrower pursuant to Section 2.1.2 hereof in an aggregate principal amount up to $10,000,000.

  • Commitment Amount means the aggregate amount of up to Ten Million Dollars ($10,000,000) which the Investor has agreed to provide to the Company in order to purchase the Company's Common Stock pursuant to the terms and conditions of this Agreement.

  • Commitment Period means the period commencing on the earlier to occur of (i) the Effective Date, or (ii) such earlier date as the Company and the Investor may mutually agree in writing, and expiring on the earliest to occur of (x) the date on which the Investor shall have made payment of Advances pursuant to this Agreement in the aggregate amount of Five Million Dollars ($5,000,000), (y) the date this Agreement is terminated pursuant to Section 2.5, or (z) the date occurring twenty-four (24) months after the Effective Date.