Examples of Significant Investment in a sentence
In the Matter of Approving, in Conjunction with the City of Springfield, a Three-Year Enterprise Zone Property Tax Exemption and an Additional Two-Year Extension, for a Total of Five Years, for International Paper Company’s Significant Investment in the City of Springfield.
If the CEO elects not to refer the Opportunity to the Board, the CEO shall notify such Shareholder and such Shareholder shall then be free to make such Significant Investment.
Such Shareholder shall be free to make such Significant Investment unless either the Board or the Committee notifies such Shareholder not later than 21 days following the date of such Shareholder’s first notification to the CEO of such Opportunity that the Board or the Committee has determined to cause the Corporation to itself pursue the Opportunity.
In addition, the Company shall deliver to each Holder of the Notes a statement setting forth in reasonable detail the Company’s calculation of Investment Collateral Value with respect to a Significant Investment (or one or more Investments, which taken together would constitute a Significant Investment, that were not previously reported pursuant to this Section 4.06(e)) no later than ten (10) Business Days following the Calculation Date for such Significant Investment.
For the avoidance of doubt, a Shareholder may make a Significant Investment in a Competitor if the Corporation has determined not to pursue such opportunity, whether or not any Director designated by such Shareholder is then serving on the Board.