Committed Investment definition

Committed Investment means an Investment which is subject to a letter of intent which is entered into by the Partnership or an Investment Vehicle on or prior to the end of the Investment Period and which is intended to be closed not more than 60 days after the end of the Investment Period.
Committed Investment means (a) any form of direct investment by Equity Members, including the purchase of equity shares in and/or the provision of Equity Members Debt to Concessionaire and/or (b) an irrevocable on-demand letter of credit issued by or for the account of an Equity Member naming Concessionaire as beneficiary, satisfying the requirements of Sections 17.3.2.1, 17.3.2.2, 17.3.2.5 and 17.3.2.6 of the Agreement and guaranteeing the provision of the direct investment referenced in clause (a) of this definition by a date which is not later than one year after the Baseline Final Acceptance Date. Equity that does not result in direct investment in the Bid Financial Model (for example contingent or stand-by equity) shall not be considered Committed Investment.
Committed Investment means (a) any form of direct investment by Equity Members, including the purchase of equity shares in the Development Entity; (b) any bona fide indebtedness of the Development Entity for funds borrowed that: (i) is held by any Equity Member and (ii) is subordinated in priority ofpayment and security to all debt held by Persons who are not Equity Members; or (c) an irrevocable on- demand letter of credit issued by or for the account of an Equity Member naming the Development Entity as beneficiary and guaranteeing the provision of the direct investment or loan referenced in clause (a) or(b) of this definition.

Examples of Committed Investment in a sentence

  • The Committed Investment Amount and/or the number of Rollover Shares to be contributed by the Additional Member are set forth in Schedule A hereto.

  • Follow-on Investment: -------------------- An investment, other than a Committed Investment, in Portfolio Securities of a Portfolio Company in which the Partnership holds, immediately prior thereto, Portfolio Securities.

  • Pursuant to Section 6(a) of the Agreement, the Agreement, at such time as no Notes are outstanding thereunder, with the written consent of the Company and Investors representing the Required Pro Rata Percentage, provided that no such amendment shall increase or decrease an Investor’s Total Committed Investment Amount without the affected Investor’s written consent.

  • Upon the terms and subject to the conditions set forth herein, on and after the exercise by Buyer of the Warrants, Buyer may purchase and the Company may sell additional warrants with respect to a number of shares and an exercise price that are mutually agreeable to the parties, so long as the aggregate value of the shares subject to such additional warrants, when added to the value of the Warrant Shares, does not exceed the Committed Investment.

  • Sincerely, Signature: Name: Title: Total Committed Investment: $ Acknowledged and Accepted this day of February, 2006.

  • Warnock Title: General Partner Address: Camden Partxxxx Xne South Street, Suite 2150 Baltimore, MD 21201 Xxx Xx.: (000) 000-0000 Xxxxxxxxx: Xxxxd Warnock Schedule A PURCHASERS Purchaser Committed Investment Amounts Camden Partners Strategic Fund II-A, L.P. $ 5,192,000.00 One South Street, Suite 2150 Baltimore, Maryland 21202 Attn: Mr. Xxxxx X.

  • The Total Committed Investment Amount of all Investors shall, subject to the terms and conditions set forth in this Agreement, be sold in one or more tranches (each, a “Tranche”) in aggregate amounts to be determined by the Company pursuant to the approval of a majority of the members of the Company’s board of directors (the aggregate principal amount sold under each Tranche, a “Draw Amount”).

  • The parties agree to negotiate in good faith concerning the terms and conditions of the Committed Investment and the Company will pay all costs and expenses of the investment banking or financial advisory firm referred to above.

  • This First Amendment may not be amended or otherwise modified without the prior written consent of Parent, the Company and the majority in interest of the aggregate Maximum Committed Investment of Initial Investors as set forth on Schedule I hereto.


More Definitions of Committed Investment

Committed Investment. ’ means the infrastructure investment in the Northwest Parkway toll
Committed Investment shall have the meaning ascribed thereto in Clause 1.1(ddddd)(iii).
Committed Investment the amount of the share capital and of any Subordinate Debt that is payable by the Initial Shareholders and the Lenders Subordinate of the Contractor, in view of financing the implementation of the Contractor‟s Project, including any kind of financial obligation on his part.
Committed Investment has the meaning set forth in Exhibit Z (Calculation of Termination Compensation).
Committed Investment means (a) an Investment which is subject to a letter of intent which is entered into by the Partnership or an Investment Vehicle on or prior to the end of the Investment Period and which is intended to be closed not more than 120 days after the end of the Investment Period, (b) additional phases of the redevelopment of an Investment, or (c) the remaining balance of unfunded capital contributions to ongoing Investments, in each case, to the extent identified to the Partners prior to the expiration of the Investment Period, together with a budget regarding such Investments, additional phases of redevelopment of Investments or remaining balance of unfunded Investments. "Contribution Account Balance" for the purpose of determining ADOCAB for calculating Preferred Returns and Asset Management Fees, Contribution Account Balance shall mean the cumulative sum of all Capital Contributions of a Partner minus the cumulative sum of all distributions to such Partner pursuant to Section 6.1(b)(ii).
Committed Investment means, in relation to a Shareholder, its commitment to provide equity to the Company as set out in Clause 8.

Related to Committed Investment

  • Permitted Investment means an Investment by the Company or any Restricted Subsidiary in:

  • Permitted Investments means:

  • Quoted Investment means any Investment which is quoted or listed or in respect of which permission to deal is effective on any Recognised Stock Exchange.

  • Quoted Investments has the meaning set forth in Section 5.12(b)(ii)(A).

  • Approved Investment means any type of security, instrument, participation or interest in property, as set forth on Schedule I hereto (which may be amended from time to time by execution of a revised Schedule I, I-A or I-B) in which Cash Collateral may be invested or reinvested by Bank in accordance with Paragraph 2 of Article IV hereof.

  • Authorized Investments means: any investment which may be authorized by the Commission but does not include restricted investments as specified in the Offering Documents from time to time.

  • Authorized Investment means any type of instrument, security, participation or other property in which Cash Collateral may be invested or reinvested, as described in Section 5(f) hereof and Appendix 4 hereto (and as such Appendix may be amended from time to time by written agreement of the parties).

  • Permitted Investor means collectively, Energy Capital Partners III, LP, Energy Capital Partners III-A, LP, Energy Capital Partners III-B, LP, Energy Capital Partners III-C, LP and Energy Capital Partners-D, LP, Quantum Strategic Partners, and each of their Permitted Transferees (as defined in the Investors Agreement, dated as of March 29, 2018, by and among the Parent and the other signatories thereto).

  • Permitted Investors the collective reference to the Sponsor and its Control Investment Affiliates.

  • Restricted Investment means an Investment other than a Permitted Investment.

  • Eligible Investment means any investment that at the time of its acquisition is one or more of the following:

  • Unquoted Investments has the meaning set forth in Section 5.12(b)(ii)(B).

  • Qualified Investments means any and all securities, obligations or accounts in which municipalities may invest their funds under applicable Maine law.

  • Qualified investment has the meaning set forth in Section 313.021(1) of the TEXAS TAX CODE, as interpreted by the Comptroller’s Rules.

  • Unquoted Investment means any Investment which is not quoted, listed or dealt in on any Recognised Stock Exchange.

  • covered investment means, with respect to a Party, an investment in its territory of an investor of the other Party in existence as of the date of entry into force of this Treaty or established, acquired, or expanded thereafter.

  • Eligible Investments Any one or more of the obligations and securities listed below which investment provides for a date of maturity not later than the Determination Date in each month:

  • Specified Investments means (a) direct obligations of the United States of America or obligations fully guaranteed by the United States of America; (b) commercial paper rated A-1/P-1 by S&P and Moody's, respectively or, if such ratings are unavailable, rated by any nationally recognized rating organization in the United States equal to the highest rating assigned by such rating organization; (c) investments in negotiable certificates of deposit, time deposits, banker's acceptances, commercial paper or other direct obligations of, or obligations guaranteed by, commercial banks organized under the laws of the United States or of any political subdivision thereof (or any U.S. branch of a foreign bank) with issuer ratings of at least B/C by Thomson Bankwatch, having maturities no later than 90 days following the date of such investment; (d) overnight federal funds transactions with members of the Federal Reserve System arranged by federal funds brokers; or (e) overnight repurchase agreements with respect to the securities described in clause (a) above entered into with an office of a bank or trust company which is located in the United States of America or any bank or trust company which is organized under the laws of the United States or any state thereof and has capital, surplus and undivided profits aggregating at least $500 million. SSB. State Street Bank and Trust Company of Connecticut, National Association, a national banking association or any successor Owner Trustee in its individual capacity.

  • Investments as defined in Section 7.8.

  • Restricted Investments means all Investments except the following:

  • Investment Account As defined in Section 3.12(a).

  • Liquid Investments means:

  • Investment Assets means all debentures, notes and other evidences of Indebtedness, stocks, securities (including rights to purchase and securities convertible into or exchangeable for other securities), interests in joint ventures and general and limited partnerships, mortgage loans and other investment or portfolio assets owned of record or beneficially by the Company or any Subsidiary.

  • Liquidity Account Investments means Deposit Securities or any other security or investment owned by the Fund that is rated not less than A3 by Moody’s, A- by Standard & Poor’s, A- by Fitch or an equivalent rating by any other NRSRO (or any such rating’s future equivalent).