Investment Commitment Amount definition
Examples of Investment Commitment Amount in a sentence
Upon receipt of the Funding Request, and subject to the terms and conditions of this Agreement, the Lessor agrees that it shall wire transfer its portion of the requested Funding equal to its Lessor Investment Commitment Amount as set forth on Schedule I-B hereto in immediately available funds to the Administrative Agent for further funding to the Escrow Agent and applied in accordance with the Escrow Agreement, all in accordance with Section 2.3.
In exchange for any portion of its Investment Commitment Amount, (i) MKG shall receive from the Company shares of Common Stock of the Company, $0.01 par value per share (the “Common Stock”) at a price per share of $1000 and (ii) AFSI shall receive from the Company shares of Series A Preferred Stock of the Company, $0.01 par value per share (the “Preferred Stock”) at a price per share of $1000.