Common use of INITIAL CLOSING OF OFFERING Clause in Contracts

INITIAL CLOSING OF OFFERING. If the Escrow Agent has received, on or before the Termination Date, Subscription Payments in an aggregate amount of not less than $3,000,000 and written acceptance of each Subscriber by the Company, then the Escrow Agent shall disburse all Subscription Documents and Subscription Payments to the Company in immediately available funds in accordance with the Company’s instructions.

INITIAL CLOSING OF OFFERING. If the Escrow Agent has received, received on or before the Termination Date, Subscription Payments in an aggregate amount of not less than Fifty Thousand Dollars ($3,000,000 50,000), and written the Company’s acceptance of each Subscriber by the CompanySubscriber, in writing, then the Escrow Agent shall disburse all Subscription Documents and Subscription Payments Payments, with interest, to the Company in immediately available funds in accordance with the written instructions from the Company’s instructions.

INITIAL CLOSING OF OFFERING. If the Escrow Agent has received, received on or before the Termination Date, Subscription Payments in an aggregate amount of not less than Thirty Thousand Dollars ($3,000,000 30,000), and written the Company’s acceptance of each Subscriber by the CompanySubscriber, in writing, then the Escrow Agent shall disburse all Subscription Documents and Subscription Payments Payments, with interest, to the Company in immediately available funds in accordance with the written instructions from the Company’s instructions.

INITIAL CLOSING OF OFFERING. If the Escrow Agent has received, received on or before the Termination Date, Subscription Payments in an aggregate amount of not less than Twenty Thousand Dollars ($3,000,000 20,000), and written the Company’s acceptance of each Subscriber by the CompanySubscriber, in writing, then the Escrow Agent shall disburse all Subscription Documents and Subscription Payments Payments, with interest, to the Company in immediately available funds in accordance with the written instructions from the Company’s instructions.

INITIAL CLOSING OF OFFERING. If the Escrow Agent has received, received on or before the Termination Date, Subscription Payments in an aggregate amount of not less than $3,000,000 100,000 and written acceptance of each Subscriber by the Company, Company then the Escrow Agent shall disburse all Subscription Documents and Subscription Payments to the Company in immediately available funds in accordance with the Company’s instructions.