Common use of XXEREAS Clause in Contracts

XXEREAS. the Company desires to issue in a private placement to "accredited investors" (the "Placement") a minimum of 20 (the "Minimum Offering") and a maximum of 40 (the "Maximum Offering") units ("Units") (or fractions thereof) on the terms and conditions set forth herein and in the exhibits hereto, and the Subscriber desires to acquire the number of Units set forth on the signature page hereof; and

Appears in 2 contracts

Samples: Bridge Subscription Agreement (Priddy Robert L), Bridge Subscription Agreement (Comdial Corp)

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XXEREAS. the Company desires to issue in a private placement to "accredited investors" (the "Placement") a minimum of 20 100 (the "Minimum Offering") and a maximum of 40 140 (the "Maximum Offering") units ("Units") (or fractions thereof) on the terms and conditions set forth herein and in the exhibits heretorelated Confidential Offering Memorandum (together with all the Exhibits thereto, the "Memorandum"), and the Subscriber desires to acquire the number of Units set forth on the signature page hereof; and

Appears in 2 contracts

Samples: Private Placement Subscription Agreement (Comdial Corp), Private Placement Subscription Agreement (Priddy Robert L)

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