Minimum Amount Exemption Sample Clauses
The Minimum Amount Exemption clause establishes a threshold below which certain obligations or requirements do not apply. In practice, this means that if the value or amount involved in a transaction or obligation falls below a specified minimum, the parties are exempt from performing related duties, such as reporting, payment, or compliance measures. This clause is commonly used to reduce administrative burden and costs associated with minor or insignificant amounts, ensuring that resources are focused on more substantial matters.
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Minimum Amount Exemption. (i) The aggregate acquisition cost of purchasing the Units will not be less than CDN$150,000 paid in cash at the time of purchase, and the Subscriber has not been created or used solely to purchase or hold the Units in reliance on this Exemption; or
Minimum Amount Exemption. (i) The aggregate acquisition cost of purchasing the Shares will not be less than Cdn.$150,000 paid in cash at the time of purchase, and the Investor has not been created or used solely to purchase or hold the Shares in reliance on this Exemption;
Minimum Amount Exemption. You are not an individual and the aggregate acquisition cost of purchasing the Shares will not be less than USD$150,000 paid in cash at the time of purchase, and the Subscriber has not been created or used solely to purchase or hold the Shares in reliance on this Exemption; or
Minimum Amount Exemption. The Subscriber is not an individual and the aggregate acquisition cost of purchasing the Common Shares will not be less than CDN$150,000 paid in cash at the time of purchase, and the Subscriber has not been created or used solely to purchase or hold the Common Shares in reliance on this Exemption; or
Minimum Amount Exemption. The Investment Amount will not be less than CAD $150,000 paid in cash at the time of purchase, and Investor has not been created or used solely to purchase or hold the Shares in reliance on this exemption; or __X__ c. Accredited Investor Exemption. Investor is an “Accredited Investor” and Investor has properly completed and duly executed the Canadian Accredited Investor Certificate attached to this Agreement as Exhibit I and confirms the truth and accuracy of all statements made by Investor in such certificate.
Minimum Amount Exemption. The Subscriber is not an individual and the aggregate acquisition cost of purchasing the Debentures will not be less than CDN$150,000 paid in cash at the time of purchase, and the Subscriber has not been created or used solely to purchase or hold the Debentures in reliance on this Exemption; or
Minimum Amount Exemption. You are not an individual and the aggregate acquisition cost of purchasing the Note will not be less than $150,000 paid in cash at the time of purchase, and the Subscriber has not been created or used solely to purchase or hold the Note in reliance on this Exemption.
Minimum Amount Exemption. (i) The aggregate purchase price for the Notes will not be less than Cdn.$150,000 paid in cash at the time of purchase, and the Investor has not been created or used solely to purchase or hold the Notes in reliance on this Exemption;
Minimum Amount Exemption. You are not an individual and the aggregate acquisition cost of purchasing the Units will not be less than CDN$150,000 paid in cash at the time of purchase, and the Subscriber has not been created or used solely to purchase or hold the Shares and Warrants in reliance on this Exemption;