Common use of Minimum Proceeds Clause in Contracts

Minimum Proceeds. The Company shall have received an amount on the Closing Date pursuant to Section 2.1(c)(2) hereof, as payment for the balance of the aggregate purchase price proceeds after payment of fees and expenses to the Placement Agent, of no less than $20.0 million.

Minimum Proceeds. The Company shall have received an amount on the Closing Date pursuant to Section 2.1(c)(2) hereof, as payment for the balance of the aggregate purchase price proceeds after payment of fees and expenses to the Placement AgentAgents, of no less than $20.0 6.0 million.

Minimum Proceeds. The Company shall have received an amount on the Closing Date pursuant to Section 2.1(c)(2) hereof, as payment for the balance of the aggregate purchase price proceeds after payment of fees and expenses to the Placement AgentAgents, of no less than $20.0 25.0 million.