Common use of Minimum Subscription and Minimum Holding Clause in Contracts

Minimum Subscription and Minimum Holding. The minimum initial subscription per investor shall be USD 100,000 and additional subscriptions per investor shall be USD 10,000. The Board may from time to time determine the minimum amount in value or number of any holding of Cell Shares. If a redemption results in a Shareholder’s total holding falling below the minimum amount in value or number the Shareholder’s entire holding may be compulsorily redeemed at the Board’ discretion.

Appears in 6 contracts

Samples: pimcapital.mu, pimcapital.mu, pimcapital.mu

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