Investment Sum definition
Examples of Investment Sum in a sentence
In the event the Second Party breached this Clause, the First Party shall have the right to immediately terminate this Agreement and the Investment Sum together with any accrued payment due under this Agreement shall become immediately due and payable by the Second Party.
This Investment Sum represents 2.12% of the total development value for Block C.
It is hereby clarified and agreed that shares allocated to the Private Investors against the Investment Sum of the Private Investors shall be deducted in advance from the number of Unconditional Shares such that the number of Unconditional Shares shall be calculated according to the shares that were expected to be allocated to the Private Investors.
In the event the moulds referred to in the Primary Agreement shall arrive from overseas damaged, or fail to arrive by the date noted above, then the sum of USD 100,000 shall be deducted from Microdel’s Investment Sum and the number of unconditional shares, as described below, to which Microdel would be entitled to receive in the Company and in the Offered Company (in the event the Offering is successful) shall be reduced accordingly.
Microdel’s Investment Sum includes USD 100,000 for moulds whose production was funded by Microdel and which are located overseas.
Alternatively Scottish Ministers may require the Franchisee to pay the Investment Sum to Scottish Ministers and the Franchisee shall do so on or before the 31st December in the following Franchisee Year.
HWGB BIOTECH’s sole financial responsibility under the JV Agreement is the Investment Sum.
Notwithstanding any provision in this Agreement to the contrary, the City and the Authority providing the Public Investment in the not to exceed amount of Approved Public Investment Sum (including any Approved Costs Increases) and in response to undisputed requests for periodic disbursement is a condition precedent to Developer’s commencement and continued performance of its obligations under this Agreement (the “Public Investment Condition”).
Specifically, the Approved Public Investment Sum, including the maximum principal amount of the TIF Note, has been determined based on the amount of assistance needed to make the Project financially feasible.
This Agreement shall become unconditional from the date such Initial Investment Sum is raised or deposited into JVC’s trust account with a total of One Billion Nine Hundred Ninety-Nine Million Nine Hundred Ninety- Nine Thousand and Nine Hundred (1,999,999,900) RCPS at Ringgit Malaysia Five Sen (RM0.05) per RCPS in JVC being issued to PVC.