Common use of Subscription Funds Clause in Contracts

Subscription Funds. On or prior to the Effective Date, each Investor shall deliver (in accordance with instructions provided to the Investor by the Company), cash equal to the amount set forth opposite each such Investor’s name on Annex I (the “Investment Amount”), or shall otherwise provide evidence of the availability of funds to the reasonable satisfaction of the Company.

Appears in 3 contracts

Sources: Subscription Agreement (Zonzia Media, Inc.), Subscription Agreement (Hdimax Media, Inc.), Subscription Agreement (Versant International, Inc.)