Aggregate Funding. The total number of shares of Series A Preferred Stock purchased by the Investors shall be not less than 2,600,000 Shares, the total number of Investment Units (as defined in the Private Placement Memorandum) and common shares of the Company (the "Common Stock") purchased by other investors shall be not less than 1,600,000 Investment Units and 1,272,043 shares, respectively, and the Company shall have received Commitments and gross proceeds from the sale of the Investment Units, the Series A Preferred Stock and the Common Stock of not less than U.S. $210,500,000. The Shares have been duly authorized and issued to the respective Investors.
Aggregate Funding. The total number of Investment Units purchased by the Investors shall be not less than 1,600,000 Investment Units, the total number of shares of Series A Preferred Stock and Common Stock purchased by other investors shall be not less than 2,600,000 shares and 1,272,043 shares, respectively, and the Company shall have received Commitments and gross proceeds from the sale of the Investment Units, the Series A Preferred Stock and the Common Stock of not less than U.S. $210,500,000.
Aggregate Funding. The Company shall have received on or prior to the Closing Date gross proceeds from the sale of the Series C Preferred Stock of not less than U.S. $40,000,000.
Aggregate Funding. The Company shall receive at the ----------------- Closing gross proceeds from the sale of the Senior Notes and the Common Shares of not less than $60.0 million and $95.0 million, respectively.
Aggregate Funding. 15 Section 3.9 St. Xxxxxx....................................... 16 Section 3.10
Aggregate Funding. The total number of the shares of Common Stock purchased by the Purchasers shall be not less than 1,272,043 shares, the total number of Investment Units (as defined in the Investment Units Subscription Agreement) and shares of Series A Preferred Stock of the Company purchased by other investors shall be not less than 1,600,000 Investment Units and 2,600,000 shares, respectively, and the Company shall have received Commitments and gross proceeds from the sale of the Common Stock, the Investment Units and the Series A Preferred Stock of not less than U.S. $210,500,000. The Common Stock has been duly authorized and issued to the Purchasers.
Aggregate Funding. The total number of shares of Common Stock purchased by the Purchasers shall be not less than 1,272,043 shares, and the Company shall have received gross proceeds from such sale, in the form of cash, notes and certain capitalized organizational and formation costs, of not less than U.S. $6,360,215.
Aggregate Funding. At all times following initial funding of the Inventory Notes and continuing until termination of the Accounts Purchase Agreements, subject to availability under the Accounts Purchase Agreements and the Notes, the aggregate amount funded and remaining unpaid under the Notes plus the Purchased Accounts Balance shall not be less than $1,000,000.
Aggregate Funding. 5 Section 3.9 St. Xxxxxx.................................. 5 Section 3.10 Avoidance of Conflicts...................... 6 Section 3.11
Aggregate Funding. 7 ARTICLE V REPRESENTATIONS, WARRANTIES AND COVENANTS OF THE COMPANY............................................... 8
