Minimum Sales. The sale by the Company of any Shares is conditioned upon the receipt and acceptance by the Company of a number of subscriptions totaling at least the Minimum Subscription (as defined below), provided that the Company shall not accept any subscription from a Subscriber who has not executed and delivered Definitive Documents therefore. The minimum accumulated subscription (Minimum Subscription) shall be Five Hundred Thousand Dollars ($500,000).
Appears in 3 contracts
Sources: Subscription Agreement (Boston Therapeutics, Inc.), Subscription Agreement (Boston Therapeutics, Inc.), Subscription Agreement (Boston Therapeutics, Inc.)