Examples of Subscription Amounts in a sentence
However, the right to convert Shares is subject to compliance with any condition (including any Minimum Subscription Amounts and eligibility requirements) applicable to the Class into which conversion is to be effected.
Maximum Subsequent Subscription Amounts may vary from time to time.
If there are not enough funds to pay the Investor and holders of other Crowd SAFEs (collectively, the “ Cash-Out Investors”) in full, then all of the Company’s available funds will be distributed with equal priority and pro rata among the Cash-Out Investors in proportion to their Subscription Amounts.
Such allocation must respect the rules for Minimum Initial and Subsequent Subscription Amounts set out in paragraph 10.5 below.The Company may decline any application for Shares in whole or in part without assigning any reason and will not accept an initial subscription for Shares of any amount (exclusive of the Sales Charge, if any) which is less than the Minimum Initial Subscription Amount unless the Minimum Initial Subscription Amount is waived by the Directors.
These Minimum Subscription Amounts and/or Minimum Holding Amounts and any Subscription Fee are detailed in Part B of this Prospectus and may be modified at the discretion of the Board provided that equal treatment of Shareholders is guaranteed.