Initial Capital Investment definition

Initial Capital Investment means the threshold point at which,

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Initial Capital Investment means M▇▇▇▇▇▇▇’▇ receipt of aggregate proceeds (including both cash and conversion and/or cancellation of outstanding indebtedness or convertible securities) from the sale of M▇▇▇▇▇▇▇’▇ securities in one or more transactions following M▇▇▇▇▇▇▇’▇ incorporation of not less than fifteen million dollars ($15,000,000).

Initial Capital Investment means S▇▇▇▇’▇ receipt of aggregate proceeds (including both cash and conversion and/or cancellation of outstanding indebtedness or convertible securities) from the sale of S▇▇▇▇’▇ securities in one or more transactions following the Effective Date of not less than ten million dollars ($10,000,000) within twenty-four (24) months after the Effective Date at a pre-money valuation of S▇▇▇▇ equal to or greater than eighteen million dollars ($18,000,000); provided however up to three million dollars ($3,000,000) of such amount may be raised at a pre-money valuation that is less than eighteen million dollars ($18,000,000) as follows: the first four hundred thousand dollars ($400,000) at a pre-money valuation of at least eleven million seven hundred thousand dollars ($11,700,000) and up to an additional two million six hundred thousand dollars ($2,600,000) at a pre-money valuation of at least nine million dollars ($9,000,000).

Examples of Initial Capital Investment in a sentence

• During the construction period, the Operator must provide the Director with such evidence or documentation, as may be satisfactory to the Director, to demonstrate that the Initial Capital Investment Program is being executed in a timely and expeditious manner.

• Landlord and Tenant acknowledge and agree that any and all amounts of CIP’s Initial Capital Investment funded by CIP prior to the date hereof shall constitute a portion of Landlord’s Additional Investment and, therefore, shall be part of the Adjusted Lease Basis hereunder.

• Any additional capital investments beyond the Initial Capital Investment for Manufacturing of the EQW Product will be based upon the Forecast and the [***] Forecast discussed in Section 5.1, below, recommendations of the SCWT and the MSC, and the approval of the ASC.

• Exhibit E sets forth the terms by which Lilly will reimburse Amylin for Lilly’s portion of the financing charges Amylin has incurred or will incur in making the Initial Capital Investment in preparation for the Manufacture of EQW Product at the Facility.

• Within five business days after the Effective Date, Lilly shall pay to Amylin a total of $125,000,000, representing the amount agreed upon by Amylin and Lilly (subject to the terms of this Agreement) as an appropriate financing charge for Lilly’s share of the portion of the Initial Capital Investment for the Facility, which for purposes of this Exhibit E is currently anticipated to be $510 million.

• Exhibit “5.8(a)” contains a description of the improvements, the estimated costs of the improvements, and a description of the other expenditures to be made by Tenant using Tenant’s Initial Capital Investment.

• As the assets covered in the Pen Product Initial Capital Investment are funded on a pay-as-you-go basis by both Parties, there would be no financial settlement associated with any such impairment.

• The detailed plan for the Initial Capital Investment Program will include for each Premises location, a retail or food and beverage concept; project description; renderings; justification; scope of work; total estimated project price; proposed schedule; design review milestones; third-party project inspection and certification dates; and anticipated completion date.

• Any Casino Cash that was contributed by Tenant from Tenant’s own funds and was not returned to Tenant as part of Tenant’s Initial Capital Investment or any Casino Cash that was contributed to Casino Cash when no Percentage Rent was applicable to this Lease shall be the sole property of Tenant.

• The amount of Tenant’s Initial Capital Investment shall be subject to audit by Landlord for a period of six (6) months following the completion of the improvements by Tenant.

More Definitions of Initial Capital Investment

Initial Capital Investment. Shall have the meaning set forth in the Baytown Nitric Acid Project and Supply Agreement.

Initial Capital Investment means the capital investment made, and planned to be made, as of the Effective Date by Amylin in and for the Facility for the Manufacture of the first generation EQW Product. The Initial Capital Investment is currently anticipated to be approximately $530 million; however, a precise number will not be available until the Facility is complete. A detailed estimate of the Initial Capital Investment, including anticipated costs of equipment and estimates of their related useful life, is set forth on Exhibit B.