Minimum Subscription. The Company shall have received from the Purchasers not less than $1,500,000 in immediately available funds for the purchase of the Purchased Shares and Warrants in accordance with the terms of this Agreement.
Appears in 3 contracts
Sources: Securities Purchase Agreement (Phoenix Venture Fund LLC), Securities Purchase Agreement (Phoenix Venture Fund LLC), Securities Purchase Agreement (Communication Intelligence Corp)
Minimum Subscription. The Company shall have received from the Purchasers not less than $1,500,000 1,400,000 in immediately available funds for the purchase of the Purchased Shares and Warrants in accordance with the terms of this Agreement.
Appears in 3 contracts
Sources: Series B Preferred Stock Purchase Agreement (Phoenix Venture Fund LLC), Series B Preferred Stock Purchase Agreement (Phoenix Venture Fund LLC), Series B Preferred Stock Purchase Agreement (Communication Intelligence Corp)