Capital Injection Sample Clauses

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Capital Injection. Party A will inject the assets of [NSM chip and relevant reference designs and patents thereto; RT10UP chip and relevant reference designs and patents thereto and source code] to the Company and complete the procedures for transfer of relevant intellectual property rights as soon as possible. Relevant titles thereto shall vest in the Company upon transfer. (List of Asset Injection is attached to the Agreement)
Capital Injection. 1. For the exclusive use of promoting the innovative project described under (S) 1 Section 2(b), and based upon the information provided by the TC in the Application for Investment dated 30 June 1995, tbg makes an injection of DM 3,000,000.-, provided that the TC substantiates the following agreed investment conditions: Investment of DM 3,000,000.-- by SEQUENOM, Inc., Boston, ▇/▇ ▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Management L.P., ▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇ ▇▇ ▇▇▇▇▇, ▇▇▇ (referred to as Associated Company - "AC" in the following), and the AC has signed a Cooperation Agreement with tbg. The AC will consult TVM Techno Venture Management Gesellschaft mbH & Co KG, ▇▇▇▇▇▇▇▇▇▇. ▇▇ ▇, ▇▇▇▇▇ ▇▇▇▇▇▇ concerning the management of the investment in the TC. 2. The injection by tbg shall be used for the co-financing of the project related planning as specified in the annex. The annex constitutes an integral part of this Investment Agreement. In the event that the project costs are reduced vis-a-vis those above stated, or if additional public funding is acquired retroactively, tbg is entitled to reduce its injection respectively in the proportion by which the investment volume is reduced. The amount by which the injection is reduced shall be returned to tbg at once. 3. The TC is entitled to draw down the capital after the company becomes operational (cf. (S)4, Section 1), provided that its immediate designated utilization and a proportional use of funds together with the other means of financing foreseen in Section 2, and overall financing of the investment project are guaranteed. The withdrawal must have appended a confirmation by the AC that the withdrawal prerequisites have been met. 4. This Agreement shall expire in the event that the capital is not drawn down, at least in part, latest by June 30, 1996. 5. tbg is entitled to withhold a processing fee in the amount of 1% of the total injection specified in this Agreement. Such fee will be withheld from the first partial withdrawal. 6. The TC shall establish a separate deposit account for the injection by tbg. Withdrawals from this account by tbg are precluded.
Capital Injection. Evidence of receipt by the Borrower of capital injection of minimum HKD1,000,000 or USD130,000 or other equivalent currencies which may be freely used for Borrower’s corporate/business purposes.
Capital Injection. The Borrower shall have received (i) a capital injection of at least TWO MILLION FIVE HUNDRED THOUSAND AND NO/100 DOLLARS ($2,500,000.00) on terms and conditions satisfactory to the Bank and (ii) a commitment, on terms and conditions satisfactory to the Bank, of an additional ONE MILLION AND NO/100 DOLLARS ($1,000,000.00) capital injection.
Capital Injection. Pursuant to the Capital Injection Agreement, each of ▇▇▇ ▇▇▇, ▇▇▇ ▇▇▇▇ and Hua Ze, agreed that the registered capital of Tian Fa Equipment be increased from RMB86,343,700 (approximately HK$89,941,400) to RMB180,597,600 (approximately HK$188,122,500) by injection of the followings:- i) ▇▇▇ ▇▇▇ will pay the consideration in land and properties valued at RMB88,670,400 (approximately HK$92,365,000) less the consideration to be received in transfer of its shares in Tian Fa Equipment in value of RMB6,230,000 (approximately HK$6,489,600) to Hua Ze, dividing between RMB59,739,400 (approximately HK$62,228,500) as contribution to the registered capital of Tian Fa Equipment and RMB22,701,000 (approximately HK$23,646,900) as contribution to the capital reserves of Tian Fa Equipment. The value for the land and properties are with reference to the valuation performed by an independent valuer and the Company considers that such valuation amount is fair and reasonable; ii) ▇▇▇ ▇▇▇▇ will pay the consideration of RMB41,400,000 (approximately HK$43,125,000) in cash dividing between RMB30,000,000 (approximately HK$31,250,000) as contribution to the registered capital of Tian Fa Equipment and RMB11,400,000 (approximately HK$11,875,000) as contribution to the capital reserves of Tian Fa Equipment; and iii) Hua Ze will pay the consideration of RMB6,230,000 (approximately HK$6,489,600) in transfer of shares in Tian Fa Equipment in such value by ▇▇▇ ▇▇▇, dividing between RMB4,514,500 (approximately HK$4,702,600) as contribution to the registered capital of Tian Fa Equipment and RMB1,715,500 (approximately HK$1,787,000) as contribution to the capital reserves of Tian Fa Equipment. There is no further capital injection obligation for ▇▇▇ ▇▇▇▇ under the Capital Injection Agreement and is expected that the capital injection by ▇▇▇ ▇▇▇▇ will complete within 3 months of entering into the Capital Injection Agreement. The following table shows the percentage interest in the registered capital of Tian Fa Equipment before and after completion of the Capital Injection:– Injection RMB (%) RMB RMB (%) ▇▇▇ ▇▇▇ 48,016,000 (55.6%) 82,440,400(Note 1) 107,755,400 (59.7%) ▇▇▇ ▇▇▇▇ 31,397,714 (36.4%) 41,400,000(Note 2) 61,397,714 (34.0%) Hua Ze 6,930,000 (8%) 6,230,000(Note 3) 11,444,500 (6.3%) Total: 86,343,714 (100%) 130,070,400 180,597,614 (100%) Notes:
Capital Injection. 1. For the exclusive use of financing the innovative project described and based upon the information provided by the TC in the Application for Investment dated June 16/17, 1997 tbg makes an investment in the amount of DM 2,000,000.--, provided that the TC documents the following investment agreements: Investment in the amount of DM 2,000,000.- by Sequenom Inc., II 555 Sorrento Valley Road, San Diego, CA 9212 1, USA (hereinafter referred to as AC, also in the case of multiple investors), and provided that the AC has concluded a co-operation agreement with tbg. The AC will consult with TVM Techno Venture Management, ▇▇▇▇▇▇▇▇▇ ▇▇▇. ▇▇, ▇▇▇▇▇ ▇▇▇▇▇▇ - hereinafter referred to as TVM -- regarding management of the TU. Authorisation of tbg to draw down the fixed payments due tbg. 2. The injection by tbg shall be used for the co-financing of the project- related planning described in Annex I which is an integral part of this investment contract. 3. The TC is entitled to draw down the capital after the company becomes operational (cf. (S)3, Section 1), provided that its immediate designated utilisation and a proportional use of funds together with the other means of financing foreseen in Annex I and total financing of the innovation project are guaranteed. The withdrawal must have appended a confirmation by the AC and TVM that the prerequisites for the withdrawal have been met. 4. This Agreement shall expire in the event that the capital is not drawn down, at least in part, latest by March 31, 1998. 5. tbg is entitled to withhold a processing fee in the amount of 1% of the total injection specified in this Agreement. Such fee will be withheld from the first partial withdrawal. 6. The TC shall establish a separate deposit account for the injection by tbg. Withdrawals from this account by tbg are precluded.
Capital Injection. The Net Assets in the Completion Statement will incorporate any capital injection made prior to the Completion Date.
Capital Injection. In the event of a Capital Markets ----------------- Transaction, the proceeds must be contributed to the Borrower, in accordance with the requirement of the Resources/Production Capital Markets Transaction Letter as a capital injection by Resources or by an Affiliate of the Borrower and such proceeds shall be used as a mandatory prepayment and permanently reduce the Availability (except to the extent expressly provided for in this Agreement with respect to the Capital Expenditures Portion) in the amount of the prepayment (i) first to prepay the Fixed Asset Allocation, (ii) then to prepay the amounts pursuant to Section 2.6(b) and (iii) finally, to prepay any outstanding loans under the Capital Expenditures Portion.
Capital Injection. Party A will inject the assets of [relevant cloud calculation business] to the Company and complete the procedures for transfer of relevant intellectual property rights as soon as possible. Relevant titles thereto shall vest in the Company.
Capital Injection. The Company does not receive a capital injection of debt or equity in a minimum amount of $3,000,000.00 within 150 days of the closing of this loan.