Qualifying Investment. On each Investment Date, Southcross Holdings shall (a) inform SXE of its Qualifying Investment Securities Election and (b) contribute the applicable Investment Amount to SXE by wire transfer of immediately available funds. Upon receipt of the applicable Investment Amount, SXE shall issue the applicable Qualifying Investment Securities to Southcross Holdings corresponding to its Qualifying Investment Securities Election.
Appears in 2 contracts
Sources: Investment Agreement, Investment Agreement (Southcross Energy Partners, L.P.)