Project Investment Commitment Status Sample Clauses

Project Investment Commitment Status. Please provide a status report with respect to the Project’s actual Project Expenditures (for reference, see Project Budget in Schedule “B” of the Agreement) by completing the chart below. Please explain any actual or anticipated variances greater than ten percent (10%) in any category of the Eligible Costs under the section entitled, “Comments”. Overhead Construction/Leasehold Improvements Equipment and Machinery Labour (one time) Training** Research and Development Other Eligible Costs: (specify) *Eligible project costs must be directly related and attributable to the Project. In order to be an Eligible Cost, the cost must be incurred and paid on or after the Effective Date. **Training costs directly attributable to the Project can be included in the total Project Investment Commitment. However, they are not a reimbursable expense for purposes of the Loan.
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Project Investment Commitment Status. Provide a status report with respect to the Project’s actual expenditures (for reference, see Project Budget in Schedule “B”). Explain any actual or anticipated variances greater than 10% in any category of Eligible Costs under ‘Comments’. Year 1 Year 2 Year 3 Year 4 Year 5 Investment (Dates) (Dates) (Dates) (Dates) (Dates) Commitment Eligible Costs Construction/Leasehold Improvements $ 0 Equipment and Machinery $ 0 Materials $ 0 Labour (one time) $ 0 Research and Development $ 0 Training $ 0 Overhead $ 0 Other Eligible Costs: (list)(subject to Ministry approval) $ 0 Categories: (list) (Dates) (Dates) (Dates) (Dates) (Dates) Ineligible * Eligible costs must be directly related/attributable to the Project and incurred and paid after the Effective Date. $ % Provide a status report with respect to the actual number of Jobs at the Project Facility. SiGe Semiconductor Inc. (Date) (Date) (Date) (Date) (Date) Job Target Project Jobs New Jobs * Retained Jobs * “New jobs are in addition to the current facility employment in a given year.
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Related to Project Investment Commitment Status

  • Investment Commitment The undersigned's overall commitment to investments which are not readily marketable is not disproportionate to the undersigned's net worth, and an investment in the Shares will not cause such overall commitment to become excessive.

  • Commitment Commission (a) The Borrower agrees to pay the Facility Agent for distribution to each Non-Defaulting Lender a commitment commission (the “Commitment Commission”) for the period from the Effective Date to and including the Commitment Termination Date (or such earlier date as the Total Commitment shall have been terminated) computed at the rate for each relevant period set out in the table below for each day multiplied by the unutilized Commitment (and taking into account for this purpose the increase in the Commitment pursuant to the First Supplemental Agreement) for such day of such Non-Defaulting Lender divided by 360. Accrued Commitment Commission shall be due and payable quarterly in arrears on the first Business Day of each April, July, October and January commencing with January 2013 and on the Borrowing Date contemplated by Section 2.02(a)(vi) (or such earlier date upon which the Total Commitment is terminated). No additional Commitment Commission shall be payable in respect of a Deferred Loan. [*]% p.a. Date of execution of this Agreement - October 15, 2013 [*]% p.a. October 16, 2013 - April 15, 2015 a. April 16, 2015 - Delivery Date (b) The Borrower shall pay to each Agent, for such Agent’s own account or for the account of the Lenders, such other fees as have been agreed to in writing by the Borrower and such Agent.

  • Service Commitment If Services subject to a Service Commitment are terminated by Customer pursuant to the clause entitled Customer Termination for Convenience or by Verizon pursuant to the clause entitled Termination for Cause or Insolvency, on or after the: (a) Commencement Date but before the Activation Date, Customer shall pay the Cancellation of Order Charges specified in the Service Attachment (if any) together with any third party termination charges related to such termination as notified by Verizon; or (b) Activation Date but prior to the expiration of the Service Commitment, Customer shall pay an Early Termination Charge equal to 75% (or other percentage detailed elsewhere in the Agreement) of the Recurring Charges that would have been payable for those Services for the remaining unexpired part of the Service Commitment.

  • Permanent Status ‌ An employee will attain permanent status in a job classification upon their successful completion of a probationary, trial service or transition review period.

  • Loan Commitment Subject to the terms and conditions of this Agreement and in reliance upon the representations and warranties of the Company herein set forth, the Lender hereby agrees to lend to the Company on the Closing Date and thereafter up to $209,900,000 in the aggregate (the "Loan") consisting of $104,950,000 of 7-year Tranche advances and $104,950,000 of 10-year Tranche advances. The Lender's commitment to make the Loan to the Company pursuant to this Section 2.1 is herein called the "Loan Commitment."