Common use of Minimum Amount Exemption Clause in Contracts

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. You are not an individual and the aggregate acquisition cost of purchasing the Shares will not be less than USD$150,000 CAD$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