No Minimum Offering Amount Sample Clauses
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No Minimum Offering Amount. Funds shall be released to the Company upon the Company’s execution of this Agreement and the Company is not required to raise any minimum amount of proceeds prior to executing this Agreement or any similar agreement with other investors and obtaining such funds. Because there is no minimum amount of subscriptions which the Company must receive before accepting funds in the Offering, Purchaser will not be assured that the Company will have sufficient funds to execute its business plan or satisfy its working capital requirements and will bear the risk that the Company will be unable to secure the funds necessary to meet its current and anticipated financial obligations.
No Minimum Offering Amount. Subscriber acknowledges that the Offering is being conducted on a “best-efforts” basis with no minimum amount required to be sold before any closing and the Company may not raise sufficient funds in the Offering to undertake its business expansion and other development efforts. If the Company sells less than the maximum amount offered, it may be required to seek additional funding, which may not be available.
No Minimum Offering Amount. Funds shall be released to the Company upon the Company's execution of this Agreement and similar agreements and the Company is not required to raise any minimum amount of proceeds prior to executing this Agreement or any similar agreement and obtaining such funds. Because there is no minimum amount of subscriptions which the Company must receive before accepting funds in the Offering, Purchaser will not be assured that the Company will have sufficient funds to operate its business and will bear the risk that the Company will be unable to secure the funds necessary to meet its current and anticipated financial obligations. In the event that the Merger is completed, the Company expects that it will need at least $3,000,000 to execute its business plan and satisfy its working capital needs over the next six (6) month period.
No Minimum Offering Amount. The Purchaser understands that there is no minimum amount which must be raised before the Company holds an initial closing of this Offering and that the Company will not have enough money to implement its business plan unless it raises a substantial percentage of the Offering amount.
No Minimum Offering Amount. The Purchaser understands that there is no minimum amount which must be raised before the Company holds an initial closing of this Offering and that the Company will not have enough money to implement its business plan unless it raises a substantial percentage of the Offering amount. The Purchaser acknowledges that if the Company does not raise a substantial percentage of the Offering amount, it will lead to the complete loss of Purchaser’s investment. Subscription Agreement (Exhibit A)
No Minimum Offering Amount. There is no minimum number of Units that must be sold to close this Offering.