Common use of Minimum Subscription Clause in Contracts

Minimum Subscription. The Company shall have received from the Purchasers not less than $1,400,000 in immediately available funds for the purchase of the Purchased Shares in accordance with the terms of this Agreement.

Appears in 3 contracts

Samples: Series B Preferred Stock Purchase Agreement (Phoenix Venture Fund LLC), Series B Preferred Stock Purchase Agreement (Phoenix Venture Fund LLC), Series B Preferred Stock Purchase Agreement (Communication Intelligence Corp)

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Minimum Subscription. The Company shall have received from the Purchasers not less than $1,400,000 1,500,000 in immediately available funds for the purchase of the Purchased Shares and Warrants in accordance with the terms of this Agreement.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Phoenix Venture Fund LLC), Securities Purchase Agreement (Phoenix Venture Fund LLC), Securities Purchase Agreement (Communication Intelligence Corp)

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