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Fund Commitment definition

Fund Commitment means monies contributed to the Fund in the form of Redeemable Convertible Preference Shares (RCPS) which is loan convertible to equity, may be deployed by the Fund for financing, investments and operations in the manner in which the capital of the Fund is deployed.
Fund Commitment means the sum of (i) the purchase price of the Preferred Shares to be purchased by the Investors pursuant to this Agreement plus (ii) the purchase price of the Common Shares to be purchased by the Investors pursuant to this Agreement plus (iii) the purchase price of the Investor Warrants.
Fund Commitment means $25,000,000.

Examples of Fund Commitment in a sentence

  • Fund Commitment: $79,598.00 Board Action Request: Approval of LED light replacement contract for MedTech Center to Gilligan Electric for $79,598.00 This was recommended for approval by the Committee.

  • Ms. Hom presented the GASB 54 Fund Commitment which requires governments on an annual basis to identify how fund balance is reported in its financial statements.

  • Application Requirements MEA Rebate Commitment Letter – If the applicant requests an MEA Letter of Fund Commitment prior to the commencement of a project, submit a completed Application and submit it with all required documentation.

  • Notwithstanding anything to the contrary contained herein, the Purchaser may request, and the Fund shall, if requested, increase the Commitment by increasing the Cash Amount to the extent that the Closing Adjustment increases the Purchase Price; provided, however, that such request for an increase to the Cash Amount shall be made to the Fund and the Other Fund proportionally based on the Commitment of the Fund and the Other Fund Commitment Amounts.

  • Cohesion Fund Commitment bv01e 2005-05-27The map shows the regional differentiation for the two relevant expenditure categories at 2-digit level, i.e. for transport infrastructure and environmental infrastructure.

  • This letter, and the obligation of each Sponsor Fund to fund its Sponsor Fund Commitment will terminate automatically and immediately upon the earliest to occur of (a) the Closing, (b) the first anniversary of the date hereof, (c) the valid termination of the Merger Agreement in accordance with its terms, or (d) the Company or any of its affiliates asserting a claim that would make the Limited Guarantee become terminable in accordance with Section 8(b) thereof.

  • Phase II Funding Commitment Documentation5.11.1. Phase II Fund Commitment Form (Mandatory template for Topic AF211-DCSO1 at Attachment 2; may be used for Topic AF211-DCSO2.)5.11.2. Private Investment Letter (if applicable)5.12.

  • This Letter Agreement and the obligation of the Fund to fund the Commitment will terminate automatically and immediately upon the earliest to occur of (i) the full discharge of the obligations herein in connection with the Closing, (ii) the valid termination of the Purchase Agreement in accordance with its terms or (iii) the valid termination of the Other Fund Commitment.

  • This Letter Agreement and the Other Fund Commitment constitute the sole agreement, and supersede all prior agreements, understandings and statements, written or oral, between the Fund or any of its affiliates, on the one hand, and the Purchaser or any of its affiliates, on the other, with respect to the subject matter herein.

  • Commission Action: The Commission approved the GASB 54 Fund Commitment upon motion by Commissioner Coffin, seconded by Commissioner Alternate Love and unanimously carried (7 in favor, 0 opposed, 0 abstentions).

Related to Fund Commitment

  • Commitment means, as to each Lender, its obligation to make Committed Loans to the Borrower pursuant to Section 2.01, in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Lender’s name on Schedule 2.01 or in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.