Common use of Minimum Purchase Clause in Contracts

Minimum Purchase. The minimum initial purchase amount (a "Minimum Purchase") for Units is $25,000, if the Investor qualifies as an Accredited Investor under the Accredited Investor exemption of NI 45-106 or the Securities Act (Ontario), as evidenced by the due execution of the Accredited Investor Certificate attached to this Subscription Agreement. Investors should consult their financial advisors and refer to the representations, warranties, Accredited Investor Certificate and Securities Laws Exemptions, to determine whether they so qualify. Where Units are to be held in a joint account, each joint accountholder must make the Minimum Purchase. The so-called “Offering Memorandum Exemption” is not being relied on, and investors do not have the benefit of certain additional protections that applicable securities laws give to investors when an issuer relies on the

Minimum Purchase. The minimum initial purchase amount (a "Minimum Purchase") for Units is $25,000, if the Investor qualifies as an Accredited Investor under the Accredited Investor exemption of NI 45-106 or the Securities Act (Ontario), as evidenced by the due execution of the Accredited Investor Certificate attached to this Subscription Agreement. Investors should consult their financial advisors and refer to the representations, warranties, Accredited Investor Certificate and Securities Laws Exemptions, to determine whether they so qualify. Where Units are to be held in a joint account, each joint accountholder must make the Minimum Purchase. The so-called “Offering Memorandum Exemption” is not being relied on, and investors do not have the benefit of certain additional protections that applicable securities laws give to investors when an issuer relies on theon