Examples of Offering Amount in a sentence
The decision that may be taken by Crowdbase at its discretion having first consulted with the Project Owner, that the Crowdfunding Campaign is unable to complete and must therefore be aborted, since the process, circumstances, timeframe, deadline and Target Offering Amount stated in the Campaign Documentation have not been successfully met.
If the Offering does not equal or exceed the Target Offering Amount on or before the Subscription Close Date, the Intermediary will cancel all sales of aPledge Digital Security Tokens and the Escrow Agent will refund to the Holders the Original Purchase Price of each aPledge Digital Security Token and fraction thereof reduced by the amount of bank fee charged by the bank or payment processor for processing the refund.
Unless the Company raises at least the Minimum Offering Amount of $25,000 under the Combined Offerings (the "Closing Amount") by September 4, no Securities will be sold in this Offering, investment commitments will be cancelled, and committed funds will be returned.
No interest will be payable unless the Offering reaches the Target Offering Amount on or before the Subscription Close Date and amounts raised from the sale of aPledge Digital Security Tokens are released by the Escrow Agent to the Company upon successful close of the Offering pursuant to SEC Regulation CF.
The minimum offering amount is $25,000 (the "Minimum Offering Amount" or the “Target Offering Amount”).