Future Investment definition
Examples of Future Investment in a sentence
Subject to the other provisions of this Agreement, this Agreement shall become effective as of its date and shall remain in effect so long as gas is produced from any of Shipper's Existing Well Interests, Shipper's Future Well Interests, Future Investment Program Well Interests or Existing Third Party Well Interests in economic quantities without a lapse of more than ninety (90) days.
Such ▇▇▇▇▇ shall be capable of producing natural gas in commercial quantities for delivery into the Gathering System, consistent with past practices, and will constitute Resource Entities' Future Well Interests or Future Investment Program Well Interests, as applicable.
The Resource Entities shall cause a manager of one of the Investment Programs currently existing to be designated as the manager for Investment Programs organized after the date hereof, and agree that the natural gas ▇▇▇▇▇ which are operated by a Resource Entity or an Affiliate and owned by Investment Programs organized after the date hereof shall be deemed to be Future Investment Program Well Interests for purposes of this Agreement.
For the avoidance of doubt, if an Investor does not affirmatively notify the Company of its decision to undertake the Future Investment in the requisite time period provided above, the Investor shall have no further right to the Future Investment hereunder.
If by 4:00pm (New York City time) on such date an Investor has affirmatively notified its decision to undertake its Future Investment, the Company shall within three (3) business days enter into a securities purchase agreement for such investment in the Company’s securities in form and substance reasonably acceptable to the Investor and Company on terms no less favorable to the Investor described in this Agreement (not including this Section 6.4).
In 2009, three strategic investors, KKR Future Investment (an affiliate of KKR Asian Fund L.P.), Techlink (an affiliate of Government of Singapore Investment Corporation (Ventures) Pte.
Subject to the other provisions of this Agreement, this Agreement shall become effective as of its date and shall remain in effect so long as gas is produced from any of Shipper’s Existing Well Interests, Shipper’s Future Well Interests, Future Investment Program Well Interests or Existing Third Party Well Interests in economic quantities without a lapse of more than ninety (90) days.
You are reminded that this Funding is granted under Future Investment Program (section: “Business cluster research and development projects”) and that, as such, among the criteria in the project selection process are included the economic impact of this program for the national territory in terms of added value, particularly in terms of industrial plants and jobs.
If the Investor has any objections to the calculation of Net Revenue generated by the Company and its Subsidiaries during the applicable Measurement Period and the resulting First Future Investment or Second Future Investment prepared by the Company, then the Investor will deliver a detailed written statement (each, a “Future Investment Objections Statement”) describing its objections to the Company within one hundred seventy (170) days after the end of the applicable Measurement Period.
With respect to Shipper’s Existing Well Interests, Shipper’s Future Well Interests and Future Investment Program Well Interests, Shipper shall install, operate and maintain, at its sole expense, all wellhead and pressure regulating equipment necessary to prevent Shipper’s delivery pressure at the Receipt Point from exceeding the maximum pressure specified by Gatherer from time to time.