Subscription Receivable definition
Examples of Subscription Receivable in a sentence
As of the date of this Agreement, the Subscription Receivable and Accounts Payable previously reported on the Company's Balance Sheet and included in the Form 10-Q for the quarterly period ended March 31, 2011, shall have a balance of zero.
As of the date of this Agreement, the Subscription Receivable and Accounts Payable previously reported on the Company’s Balance Sheet and included in the Form 10-QSB for the quarterly period ended March 31, 2007, shall have a balance of zero.
The Purchase Price as set forth on the signature page hereto executed by each Purchaser shall be made via wire transfer and/or execution of the Subscription Receivable.
Each Eligible Account Receivable and Eligible Magazine Subscription Receivable set forth in each Borrowing Base Certificate now or hereafter furnished to the Agent meets or, as of the date stated thereon, will meet all eligibility requirements specified in the definition of Eligible Accounts Receivables set forth herein.
Leeward Ventures has already invested $100,000 in Accend Media and has agreed to invest an additional $400,000 into the Company, in the form of an Assignable Subscription Receivable to purchase a total of 5,000,000 restricted shares of Accend Media from two shareholders.