Common use of Offering Amount Clause in Contracts

Offering Amount. Purchasers shall have remitted an aggregate of not less than $130 million in Subscription Amounts to the Company (including not less than $2.7 million in aggregate Subscription Amounts remitted by directors and executive officers of the Company).

Appears in 1 contract

Sources: Securities Purchase Agreement (Blue Ridge Bankshares, Inc.)

Offering Amount. Purchasers shall have remitted an aggregate of not less than $130 million in Subscription Amounts to the Company (including not less than $2.7 million 3.1 in aggregate Subscription Amounts remitted by directors and executive officers of the Company).

Appears in 1 contract

Sources: Securities Purchase Agreement (Blue Ridge Bankshares, Inc.)