Initial Cash Investment definition

Initial Cash Investment means any initial cash investment made by a Participant to the Company for purchase of shares of the Company's Common Stock under the Plan. An Initial Cash Investment may not (a) equal less than $250 or (b) total more than $10,000.
Initial Cash Investment means any initial cash investment made by a new investor for the purchase of their first shares of the Company’s Common Stock under the Plan. An Initial Cash Investment may not (a) equal less than $50 or (b) total more than $100,000; provided, however, that employees of the Company and any of its affiliates who elect to invest through payroll deductions (when and if the Company offers the payroll deduction option to such employees) may make an initial investment of at least $25.
Initial Cash Investment means any initial cash investment made by a new investor for the purchase of their first shares of the Company's Common Stock under the Plan. An Initial Cash Investment may not (a) equal less than $250 or (b) total more than $10,000.

Examples of Initial Cash Investment in a sentence

  • Each of Participant and Whitehall acknowledge and agree that if a Cause Termination occurs, Whitehall shall have the right (but not the obligation), at Whitehall’s election at any time after the occurrence of such Cause Termination, to redeem the Initial Cash Investment at the Redemption Price (such right shall be known as the “Redemption Right”).

  • Existing Shareholders and interested new investors who are not Shareholders are eligible to participate in the Plan and may do so by enrolling on-line over the Internet or by completing the Enrollment Form and returning it to the Plan Administrator, together with an Initial Cash Investment or an Optional Cash Investment, as the case may be.

  • No Participants' Initial Cash Investment may (a) equal less than $250 or (b) total more than $10,000.

  • Initial Cash Investments and Optional Cash Investments shall be used to purchase shares of the Company's Common Stock as promptly as practical after the Plan Administrator receives the Participant's Initial Cash Investment or Optional Cash Investment in the form of an electronic bank transfer, check or money order payable to Mellon Bank N.A. at least once every five business days.

  • Shareholders or interested new investors may elect to make an Initial Cash Investment by enrolling on-line over the Internet or by completing the Enrollment Form for that purpose and returning it to the Plan Administrator.

  • The Applicable Margin varies between 1.00%-1.50% for base rate revolving loans and swingline loans and 2.00%-2.50% for Eurodollar loans, and is based on several factors including the Company’s then-existing borrowing base and the lenders’ total commitment amount and revolving credit exposure.

  • The minimum Initial Cash Investment is $250 for interested investors who are not shareholders (except for those interested investors who are Customers, in which case the minimum is $10).

  • Shareholders or interested new investors may elect to make an Initial Cash Investment by enrolling online over the Internet or by completing the Account Authorization Form for that purpose and returning it to the Plan Administrator.

  • Initial Cash Investments and Optional Cash Investments shall be used to purchase shares of the Company’s Common Stock as promptly as practical (normally, at least once every five business days) after the Plan Administrator receives the Participant’s Initial Cash Investment or Optional Cash Investment in the form of an electronic bank transfer, check or money order payable to PNM Resources Direct Plan.

  • No Participants’ Initial Cash Investment may (a) equal less than $500 or (b) total more than $20,000.


More Definitions of Initial Cash Investment

Initial Cash Investment means any initial cash payment made by a Participant to the Company for purchase of shares of the Company's Common Stock under the Plan. Initial Cash Investments may not (a) equal less than $250 each or (b) total more than $100,000.
Initial Cash Investment. As defined in Section 2.2-1.

Related to Initial Cash Investment

  • Cash Investment means the number of Shares to be purchased by any Subscriber multiplied by the offering price per Share as set forth in the Offering Document.

  • Temporary Cash Investment means any of the following:

  • Temporary Cash Investments means any of the following:

  • Designated Non-Cash Consideration means the Fair Market Value of non-cash consideration received by the Issuer or one of its Restricted Subsidiaries in connection with an Asset Sale that is so designated as Designated Non-cash Consideration pursuant to an Officer’s Certificate, setting forth the basis of such valuation, less the amount of Cash Equivalents received in connection with a subsequent sale of or collection on such Designated Non-cash Consideration.

  • Designated Noncash Consideration means the fair market value of noncash consideration received by the Company or one of its Restricted Subsidiaries in connection with an Asset Sale that is so designated as Designated Noncash Consideration pursuant to an Officers' Certificate, setting forth the basis of such valuation, executed by the principal executive officer and the principal financial officer of the Company, less the amount of cash or Cash Equivalents received in connection with a sale of such Designated Noncash Consideration.

  • Performing Cash Pay Mezzanine Investments means Mezzanine Investments (a) as to which, at the time of determination, not less than 2/3rds of the interest (including accretions and “pay-in-kind” interest) for the current monthly, quarterly, semi-annual or annual period (as applicable) is payable in cash and (b) which are Performing.

  • Cash Investment Instrument means an Automated Clearing House (“ACH”) transfer, made payable to or endorsed to NCPS in the manner described in Section 3(c) hereof, in full payment for the Shares to be purchased by any Subscriber.

  • Initial Capital Contribution has the meaning set forth in Section 4.1.

  • Performing Non-Cash Pay Mezzanine Investments means Performing Mezzanine Investments other than Performing Cash Pay Mezzanine Investments.

  • Closing Cash Consideration has the meaning set forth in Section 2.02.

  • Aggregate Cash Consideration has the meaning set forth in Section 3.01(b)(ii).

  • Net Working Capital Target means $0.00.

  • Closing Date Working Capital has the meaning specified in Section 2.3(b).

  • Unrestricted Cash Amount means, as to any Person on any date of determination, the amount of (a) unrestricted Cash and Cash Equivalents of such Person whether or not held in an account pledged to the Collateral Agent and (b) Cash and Cash Equivalents of such Person restricted in favor of the Facilities (which may also include Cash and Cash Equivalents securing other Indebtedness secured by a Lien on any Collateral along with the Facilities), in each case as determined in accordance with GAAP; it being understood and agreed that proceeds subject to Escrow shall be deemed to constitute “restricted cash” for purposes of the Unrestricted Cash Amount.

  • Initial Capital Contributions has the meaning set forth in Section 3.01.

  • Closing Date Cash has the meaning specified in Section 3.4(a).

  • Excess Cash Amount means, as of any Excess Cash Measurement Date, (a) the total amount of Unrestricted Cash, less (b) the sum of (i) the applicable Minimum Cash Threshold hereto corresponding to such Excess Cash Measurement Date, (ii) the total amount of scheduled payments due by OEC and its Subsidiaries, taken as a whole, under (x) the New Notes and (y) any other Permitted Indebtedness in each case in the subsequent twelve (12) month period, (iii) projected expenses for the Issuer to conduct its operations during the subsequent twelve (12) month period, including any foreign currency conversion expenses and (iv) for any Excess Cash Measurement Date through (and including) December 31, 2024, any Fines due by OEC and its Subsidiaries for the subsequent twelve (12) month period; less (c) an amount equal to the Required Gross-Up; provided that any items already deducted from cash and short-term investments of OEC and its Subsidiaries for purposes of determining Unrestricted Cash shall not be deducted again for purposes of determining the Excess Cash Amount.

  • Working Capital Target has the meaning set forth in Section 1.3(b).

  • Cash Consideration has the meaning set forth in Section 2.2.

  • PIPE Investment Amount has the meaning specified in Section 6.16.

  • Closing Cash Payment has the meaning set forth in Section 2.06(a).

  • PIPE Investment has the meaning specified in the Recitals hereto.

  • Underwritten Net Cash Flow means, as of any date of determination, the excess of: (i) for the twelve (12) month period ending on such date, the sum of (A) the lesser of (1) GPR multiplied by 94.0%, and (2) Actual Rent Collections, and (B) Other Receipts; over (ii) for the twelve (12) month period ending on such date, the sum of (A) Operating Expenses, adjusted to reflect exclusion of amounts representing non-recurring expenses, (B) Underwritten Capital Expenditures and (C)

  • Non-Cash Consideration means consideration in a form other than cash.

  • Temporary Investments shall have the meaning set forth in the Partnership Agreement.

  • Additional Capital Contribution has the meaning set forth in Section 3.02.