Subsequent Investment definition
Examples of Subsequent Investment in a sentence
In the event that the Company accepts a Subsequent Investment without the Agent's advance written permission, the Company agrees to pay to the Agent a fee equal to eight percent (8%) of all amounts invested by such Investor(s).
The Company will pay the Advisor in cash as compensation for services described in Section 3.02 an acquisition fee of (i) 2.50% of the Initial Asset Value of each Initial Investment; and (ii) 0.50% of the Initial Asset Value of each Subsequent Investment.
Upon receipt of any Financing Proposal, NHP shall have ten (10) business days to provide written notice to the Hearthstone Parties of its election to provide or to decline to provide the sale-leaseback financing for the applicable Subsequent Investment.
The obligations of the Purchaser to be performed at the Subsequent Investment Closing shall terminate, at the option of the Purchaser, if the Stockholder Approval has not been obtained by the maturity date of the Senior Secured Note.
In the event that NHP exercises its right to provide such financing, it shall provide the sale-leaseback financing for the applicable Subsequent Investment on the terms and conditions set forth in the applicable Financing Proposal, subject to approval of its Board of Directors and customary due diligence.