Minimum Venturers’ Initial Capital Clause Samples

Minimum Venturers’ Initial Capital. Applications to participate in Units will be accepted by the Managing Venturer, in its sole discretion, during the Capitalization Period and will be segregated until applications for the minimum Venturers’ Initial Capital of $792,000 have been received and accepted. In the event applications for the minimum Venturers’ Initial Capital of $792,000 have not been received and accepted prior to the close of the Capitalization Period, all funds received by the Managing Venturer will be returned in full without interest.