Examples of Minimum Investment Requirement in a sentence
The Company must meet one hundredpercent (100%) of the Minimum Job Requirement and the Minimum Investment Requirement by January 1, 2020 (the “Determination Date”) and during each calendar year thereafter during the Tax Abatement Period.
The purpose of this Section 6(e) shall be to treat the Project and the Related Project as a single facility for the purpose of measuring whether the combined Minimum Job Requirement and/or the combined Minimum Investment Requirement has been satisfied for each calendar year.
The Company, together with any Sponsor Affiliates, will use commercially reasonable efforts to meet, or cause to be met the Contract Minimum Investment Requirement within the Investment Period.
However, if the Company, together with any Sponsor Affiliates, does not meet the Contract Minimum Investment Requirement within the Investment Period, the provisions of Section 4.03 hereof shall control.
However, if the Company does not meet the Act Minimum Investment Requirement, the Clawback Minimum Investment Requirement, or the FILOT Minimum Investment Requirement, the provisions of Section 4.2 hereof shall apply.
Based upon representations by the Company, the Project constitutes a “project” within the meaning of the Act, and the County is a County that the Act authorizes to enter into fee in lieu of tax agreements with companies that satisfy the Act Minimum Investment Requirement within the County.
The “Company’s Investment Performance” for any calendar year means the proportion, expressed as a percentage, that the actual aggregate capital investment made by the Company through the end of such calendar year, including all capital investment made in the preceding calendar years in connection with the Project, bears to the Minimum Investment Requirement.
The “Company’s Investment Performance” or the “Related Company’s Investment Performance”, as applicable, for any calendar year means the proportion, expressed as a percentage, that the actual aggregate capital investment made by the Company or the Related Company, as applicable, through the end of such calendar year, including all capital investment made in the preceding calendar years in connection with the Project or the Related Company, as applicable, bears to the Minimum Investment Requirement.
The Company must meet one hundredpercent (100%) of the Minimum Jobs Requirement and the Company must meet one hundred percent (100%) of the Minimum Investment Requirement by September 1, 2018 (the “Determination Date”) and during each calendar year thereafter through and including calendar year 2025.
However, if there remains any outstanding products or programs which are subject to the activity stock requirement, the Former Member remains subject to the Minimum Investment Requirement and the Bank will not Redeem or Repurchase stock to the extent the Former Member’s outstanding stock will fall below such requirement.