Strategic Investment means any Investment in any Person (other than an Unrestricted Subsidiary) whose primary business is related, ancillary or complementary to a Permitted Business, and such Investment is determined in good faith by the Board of Directors (or senior officers of the Company to whom the Board of Directors has duly delegated the authority to make such a determination), whose determination shall be conclusive and evidenced by a resolution, to promote or significantly benefit the businesses of the Company and its Restricted Subsidiaries on the date of such Investment; provided that, with respect to any Strategic Investment or series of related Strategic Investments involving aggregate consideration in excess of $10.0 million, the Company shall deliver to the Trustee a resolution of the Board of Directors of the Company set forth in an Officer's Certificate certifying that such Investment qualifies as a Strategic Investment pursuant to this definition.
Strategic Investment means an Investment in any Person (other than an Unrestricted Subsidiary of the Issuer) whose primary business is reasonably related, ancillary or complementary to the Internet Service Business, and such Investment is determined by the Board of Directors of the Issuer to promote or significantly benefit the businesses of the Issuer and its Restricted Subsidiaries on the date of such Investment.
Strategic Investment means any direct or indirect, current or contingent interest, option, or commitment to acquire interests in any real estate properties or portfolios of real estate properties (including through the Operating Partnership).
Examples of Strategic Investment in a sentence
Stoner President & Chief Executive Officer The Strategic Alliance Corporation (subsidiary of Bank of Stanly), Strategic Investment Advisors, Inc.
Stoner President & Chief Executive Officer The Strategic Alliance Corporation (subsidiary of Bank of Stanly) Strategic Investment Group and BOS Agency Inc.
Stoner President & Chief Executive Officer - The Strategic Alliance Corporation (subsidiary of Bank of Stanly), Strategic Investment Advisors, Inc.
Stoner President & Chief Executive Officer The Strategic Alliance Corporation (subsidiary of Bank of Stanly), Strategic Investment Group and BOS Agency Inc.
If the Borrower elects the option to designate a Strategic Investment Subsidiary as a Subsidiary which is not a Strategic Investment Subsidiary and therefore subject such Person to all covenants and provisions applicable to a Subsidiary, the Borrower shall give five days prior written notice to the Administrative Agent (or such lesser notice as agreed to by the Administrative Agent) of such election.
More Definitions of Strategic Investment
Strategic Investment means (i) Investments by the Borrower or any Subsidiary in less than 50% of the Equity Interests of a Person and (ii) loans or advances by the Borrower or any Subsidiary to a Person, in the case of each of (i) and (ii), that is engaged in a business of the type in which the Borrower and its Subsidiaries are permitted to engage under Section 6.10 and with which the Borrower or such Subsidiary has an arms’-length written agreement for the provision by such Person of services, goods or other assets useful in the Borrower’s or any Subsidiary’s business.
Strategic Investment means an equity investment or upfront milestone payment by a Strategic Investor of at least $25.0 million (exclusive of any earnout or future or delayed payments or subsequently committed amounts) that is coupled with a collaboration agreement between the Company and a pharmaceutical company that allows for the use of the Company’s Navicap or Biojet technology with that pharmaceutical company’s molecule.
Strategic Investment means an investment in a priority area determined by the Board;
Strategic Investment means (i) Investments by the Borrower or any Subsidiary in 50% or less of the Equity Interests of a Person and (ii) loans or advances by the Borrower or any Subsidiary to a Person, in the case of each of (i) and (ii), that is engaged in a business of the type in which the Borrower and its Subsidiaries are permitted to engage under Section 6.10.
Strategic Investment means any acquisition or strategic transaction to be consummated by the Company and approved by a majority of the disinterested directors of the Company, provided that any such transactions shall only be to a Person (or to the equity holders of a Person) which is, itself or through its subsidiaries, an operating company or an owner of an asset in a business synergistic with the business of the Company and shall provide to the Company additional benefits in addition to the investment of funds, but shall not include a transaction in which the Company is issuing securities primarily for the purpose of raising capital or to an entity whose primary business is investing in securities.
Strategic Investment means any parcel of Portfolio Securities of the same kind or class issued by a particular Portfolio Entity where the parcel of Portfolio Securities was acquired for long term income yield and/or capital growth and not for the purposes of trading;38
Strategic Investment means a sale by the Company or Parent of its common stock to one or more Strategic Equity Investors.