Common use of Return on Investment Clause in Contracts

Return on Investment. Grantee’s failure to meet the Return on Investment criteria set forth herein will result in the additional financial consequences set forth in Section 5, below. 1) Grantee shall certify that a private capital investment (excluding the acquisition or leasing of real property) of at least [$AMOUNT] has been made and paid for by private businesses at the location of the Project or in connection with the Project, calculated as set forth in section 13 of this Scope of Work, after the Effective Date and on or before December 31st of the year on which the ten (10) year anniversary of the Completion Date falls (such date, the “Capital Investment Date”). 2) Grantee shall certify that at least [NUMBER] New Jobs have been created as a result of the Project, calculated as set forth in Section 13 of this Scope of Work, after the Effective Date and on or before December 31st of the year on which the ten (10) year anniversary of the Completion Date falls (such date, the “Job Creation Date”). 3) Grantee shall certify that [NUMBER] Retained Jobs have been retained as a result of the Project, calculated as set forth in Section 13 of this Scope of Work.

Return on Investment. Grantee▇▇▇▇▇▇▇’s failure to meet the Return on Return-on-Investment criteria set forth herein will result in the additional financial consequences set forth in Section 5, below. 1) Grantee shall certify that a private capital investment (excluding the acquisition or leasing of real property) of at least [$AMOUNT] 55,000,000 has been made and paid for by private businesses at the location of the Project or in connection with the Project, calculated as set forth in section 13 of this Scope of Work, after the Effective Date and on or before December 31st of the year on which the ten (10) 10 year anniversary of the Completion Expend by Date falls (such date, the “Capital Investment Date”). 2) Grantee shall certify that at least [NUMBER] 1,100 New Jobs have been created as a result of the Project, calculated as set forth in Section 13 of this Scope of Work, after the Effective Date and on or before December 31st of the year on which the ten (10) year anniversary of the Completion Expend by Date falls (such date, the “Job Creation Date”). 3) Grantee shall certify that [NUMBER] 0 Retained Jobs have been retained as a result of the Project, calculated as set forth in Section 13 of this Scope of Work.