Target Investment definition

Target Investment means an investment which, if made by the Partnership, would be made in a start-up or early-stage company located in Illinois, would require an initial investment of $2,000,000 or less, would not violate the Diversification Limit, would not cause the assets of the Partnership to be treated as "plan assets" under ERISA, would not require a capital investment in excess of the remaining Capital Commitments of the Partners and would be in the best interests of the Partnership as determined by the General Partner in its reasonable discretion.
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Target Investment. LETTERS shall have the meaning given to it in Section 7.2(g). TARGET OPTIONS shall have the meaning given to it in Section 6.9.
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Target Investment has the meaning given to such term in the Sub-Advisory Agreement.
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Examples of Target Investment in a sentence

  • For the avoidance of doubt, this Section 10(b) shall not be interpreted or construed as applying to the sale or disposition of any Primary Target Investment by the Company to any third party.

  • In such event, the General Partner shall deliver written notice to the Advisory Board at least ten (10) days prior to the consummation of a Target Investment by an Affiliate of the General Partner other than the Partnership; provided, however, that in no event shall the General Partner be required to obtain the approval or consent of any of the Limited Partners or the Advisory Board prior to consummating such investment.

  • The Partners expressly acknowledge and agree that the General Partner shall not be required to cause the Partnership to invest in any specific Target Investment and that the General Partner and its Affiliates may allocate Target Investments at any time to one or more Affiliates of the General Partner rather than to the Partnership.

  • For the avoidance of doubt, this Section 8.4(B) shall only apply to the acquisition of a Primary Target Investment being sold by a party unaffiliated with the Sub-advisor and its Affiliates and shall not be interpreted or construed as applying to the sale or disposition of any Primary Target Investment by the Sub-advisor or any of its Affiliates.

  • The information to be furnished by the Target Investment Company for use in no-action letters, applications for orders, the Registration Statement, and other documents filed or to be filed with any federal, state, or local regulatory authority (including the Financial Industry Regulatory Authority, Inc.

  • If the Target Investment Amount has been reached, the contract is automatically increased in accordance with 1.7 above.

  • Within three (3) Business Days following receipt from the General Partner of its written recommendation to acquire a Target Investment, Capstead shall notify the General Partner in writing of its decision to accept or reject such recommendation.

  • The failure of Tencent receiving the Notice of TME Purchase Intention explicitly opting to exercise the TME Purchase Right, or the receipt by Tencent of the Notice of TME Purchase Intention explicitly indicating the non-exercise of the TME Purchase Right, in each case within six (6) months after the giving of the Tencent’s Notice of Tencent Investment, will be deemed as an irrevocable waiver by TME of the TME Purchase Right with respect to the Target Investment.

  • After receiving the Notice of Tencent Investment, TME shall be entitled to purchase all (instead of partial) interests acquired by Tencent through the Target Investment from Tencent at the same consideration paid by Tencent in the Target Investment (the “TME Purchase Right”).

  • The "Call Price" for the Put/Call Shares shall be the product of the (a) the number of Put/Call Shares outstanding and subject to the Call Option, multiplied by (b) the Target Investment Value per Share.


More Definitions of Target Investment

Target Investment means an investment by the Company or any of its Subsidiaries in an income-producing loan secured by a first mortgage on one or more properties (including, with respect to any such property, fee simple or other title, leasehold, or other ownership interest in property) (i) located in the United States, (ii) belonging to a commonly accepted asset class, including multifamily, industrial, retail, hotel and office and (iii) otherwise satisfying the Guidelines, all in accordance with this Agreement; provided, that (a) notwithstanding clause (i), up to 25% of the book value of the Company may be represented by one or more loans secured by fee simple or other title, leasehold, or ownership interests in one or more properties located outside of the United States of America, (b) such investment may be made through co-lending, participation, syndication, or other financing structures whereby the Company or its Subsidiaries originates such first mortgage financing and thereafter enters into co-lending, participation, syndication or other structures and (c) such investment may include the origination of a tranche of mezzanine financing provided that such mezzanine tranche is originated concurrently with the origination of such first mortgage financing.
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Target Investment means any loan or other investment (i.e., a commercial real estate financial asset other than a loan), the opportunity for which develops on or after the date hereof, with respect to which the Company has purchased or has made or intends to make a commitment or offer to purchase and for which the Company has determined to obtain co-investors to originate and fund or acquire all or any portion of the loan or other investment.
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Target Investment means an investment of Company funds in the form of a loan to be utilized for the Target Project.
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Target Investment means a potential Portfolio Investment that is: (i) primarily a supermarket-anchored retail property or other retail-anchored property; (ii) comprised of at least 50,000 square feet of gross leaseable area, provided that this subparagraph (ii) shall not apply to any supermarket-anchored retail property; (iii) located in Connecticut, Maryland, Massachusetts, New Jersey, New York, Pennsylvania or Virginia; and (iv) not part of a larger portfolio primarily comprised of real estate properties that include properties that are not in one of the States listed in subparagraph (iii) above; provided however, except for the redevelopment of existing supermarket-anchored or other retail-anchored properties, a Target Investment for purposes of this Section 7.1 only shall not include any potential Portfolio Investment that requires ground-up construction of substantially all of the improvements to be located on the applicable site. For purposes of this Agreement, “Restricted Parties” shall mean (1) with respect to the Cedar Partners only, CSCI, Cedar Operating Partnership, or any Subsidiary of CSCI or Cedar Operating Partnership (other than the Partnership and its Subsidiaries), and (3) with respect to RioCan only, RioCan REIT, RioCan Private REIT, Inc. or any Subsidiary of RioCan REIT or RioCan Private REIT, Inc. (other than the Partnership and its Subsidiaries); provided, that “Restricted Parties” shall not include any Subsidiary of CSCI, Cedar Operating Partnership, RioCan REIT or RioCan Private REIT, Inc. which is a joint venture existing as of the date of this Agreement pursuant to which CSCI, Cedar Operating Partnership, RioCan REIT or RioCan Private REIT, Inc., as applicable, does not have the right, directly or indirectly, to prevent such joint venture from acquiring a Target Investment or soliciting and hiring employees; and, anything contained herein to the contrary notwithstanding, in no event shall the provisions of this Section 7.1 apply to any Target Investment owned as of the date hereof, in whole or in part, directly or indirectly, by any of CSCI, Cedar Operating Partnership, RioCan REIT or RioCan Private REIT, Inc. (including, without limitation, if a direct or indirect interest in a Target Investment is offered to a Restricted Party pursuant to the exercise of a buy/sell, right of first offer, right of first refusal or similar right provided in the Governing Agreements of any Subsidiaries of such Persons that are joint ventures). For purposes of Sectio...
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Target Investment shall have the meaning ascribed thereto in Section 7.1(a).
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Target Investment means, a first or second lien loan with a target return (including the stated interest rate, end-of-term payments, origination fees, warrants, success fees and other similar fees) of at least 14% to a development-stage company with a loan-to-value ratio of less than 65% or such other potential investments as the Board from time to time may deem to be Target Investments.
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Related to Target Investment

  • Net Investment means (i) as it relates to the Stockholders, the total amount of Gross Proceeds raised in all Offerings; and (ii) as it relates to the Limited Partners (other than the General Partner in its capacity as a Limited Partner) the total amount of Capital Contributions.

  • Minimum Investment means an investment in the project of at least two and one‑half million dollars within the investment period. If a county has an average annual unemployment rate of at least twice the state average during the last twenty‑four month period based on data available on the most recent November first, the minimum investment is one million dollars. The department shall designate these reduced investment counties by December thirty‑first of each year using data from the South Carolina Department of Employment and Workforce and the United States Department of Commerce. The designations are effective for a sponsor whose fee agreement is signed in the calendar year following the county designation. For all purposes of this chapter, the minimum investment may include amounts expended by a sponsor or sponsor affiliate as a nonresponsible party in a voluntary cleanup contract on the property pursuant to Article 7, Chapter 56, Title 44, the Brownfields Voluntary Cleanup Program, if the Department of Health and Environmental Control certifies completion of the cleanup. If the amounts under the Brownfields Voluntary Cleanup Program equal at least one million dollars, the investment threshold requirement of this chapter is deemed to have been met.

  • NET INVESTMENT FACTOR The Net Investment Factor is an index applied to measure the investment performance of a Subaccount from one Valuation Period to the next. The Net Investment Factor for any Subaccount for any Valuation Period is determined by dividing (1) by (2) and subtracting (3) from the result, where:

  • Receivables Net Investment means the aggregate cash amount paid by the lenders or purchasers under any Permitted Receivables Financing in connection with their purchase of, or the making of loans secured by, Receivables Assets or interests therein, as the same may be reduced from time to time by collections with respect to such Receivables Assets or otherwise in accordance with the terms of the Permitted Receivables Documents (but excluding any such collections used to make payments of items included in clause (c) of the definition of Interest Expense); provided, however, that if all or any part of such Receivables Net Investment shall have been reduced by application of any distribution and thereafter such distribution is rescinded or must otherwise be returned for any reason, such Receivables Net Investment shall be increased by the amount of such distribution, all as though such distribution had not been made.

  • Target Assets means the types of assets described under “Business— Overview” in the prospectus included in the Registration Statement, subject to, and including any changes to the Company’s Investment Guidelines that may be approved by the Manager and the Company from time to time.