AGGREGATE OFFERING LIMITATION Sample Clauses
The Aggregate Offering Limitation clause sets a maximum total amount that can be raised or offered under a particular agreement or securities offering. In practice, this means that regardless of the number of investors or rounds, the cumulative value of all securities sold cannot exceed the specified cap. For example, if the aggregate limit is $5 million, once that amount is reached, no further securities may be issued under the offering. This clause serves to ensure compliance with regulatory thresholds, manage risk, and provide clarity to both issuers and investors regarding the total size of the offering.
AGGREGATE OFFERING LIMITATION. The Company shall not issue funding agreements to trusts organized under the Program to support the issuance of notes with an aggregate initial offering price in excess of the aggregate initial offering price of notes registered pursuant to the Registration Statement. The Agent(s) shall have no responsibility for maintaining records with respect to the aggregate initial offering price of notes sold, and of otherwise monitoring the availability of notes for sale, under the Registration Statement.
AGGREGATE OFFERING LIMITATION. The Company shall not issue Notes with an aggregate initial offering price in excess of the aggregate initial offering price of Notes registered pursuant to the Registration Statement. The Agent(s) shall have no responsibility for maintaining records with respect to the aggregate initial offering price of Notes sold, and of otherwise monitoring the availability of Notes for sale, under the Registration Statement.