SUBSCRIPTION FOR AN INTEREST. (A) The Investor agrees to become a member of the Fund (a “Member”) and in connection therewith subscribes to invest, as provided herein, the securities and any amount of cash in the Fund as specified in Exhibit 1 below (such securities and cash collectively, the “Subscription Assets”), in each case on the terms provided for herein and in the Memorandum and in the Operating Agreement of the Fund (the “Operating Agreement”). The Subscription Assets will be applied to purchase that number (rounded to four decimal places) of Interests in the Fund as is equal to the fair market value of Investor’s subscription determined as of the close of business on the day prior to the date on which Investor is admitted to the Fund as a Member (net of placement fees attributable to the subscription and Subscriber’s share of offering expenses, each calculated as set forth in the Memorandum), divided by $10,000.
SUBSCRIPTION FOR AN INTEREST. 1.1 The Investor agrees to become a member of the Fund and, in connection therewith, hereby irrevocably subscribes for and agrees to purchase an Interest in, and to make a capital contribution in respect thereof to the Fund in the amount set forth on the Signature Page hereto (the “Subscription Amount”), subject to the acceptance of this subscription by the Fund. The minimum initial capital contribution for an Interest is $25,000, subject to the right of the Board to accept capital contributions of a lesser amount. The Subscription Amount does not include an amount for any transfer taxes or any other form of tax. Subject to any legal or regulatory restrictions, the Investor’s payment will be held by the Administrator in a subscription account if received prior to the applicable subscription date. The Investor will not be paid any interest from the subscription account.
SUBSCRIPTION FOR AN INTEREST. The Subscriber hereby subscribes to make a Capital Commitment to DMR Mortgage Opportunity Fund LP (the “Fund”) in the amount set forth on the Execution Pages and thereby to acquire a limited partnership interest (an “Interest”) in the Fund. The Subscriber understands that, if accepted, the Subscriber’s Capital Commitment causes the Subscriber to become a limited partner (“Limited Partner”), and to be subject to the terms of the Second Amended and Restated Limited Partnership Agreement of the Fund (the “Limited Partnership Agreement”), as the same may be modified and amended from time to time, as well as to the risks, uncertainties, contingencies and expenses associated with an investment in the Fund, as summarized in the Confidential Preliminary Private Placement Memorandum of the Fund dated September 19, 2008, as the same may be supplemented or otherwise modified to the date hereof (the “Memorandum”). Capitalized terms used herein and not otherwise defined are used with the meanings set forth in the Memorandum and the Limited Partnership Agreement. This Subscription and Capital Commitment Agreement is subject to being accepted or rejected (in whole or in part) by Declaration Management & Research LLC, the general partner and investment adviser of the Fund (“Declaration”). The minimum Capital Commitment is $5,000,000. Declaration may waive the foregoing minimum in its sole discretion. Interests are only available at two closings (each, a “Closing Date”). Capital Commitments were initially accepted as of May 15, 2008 and Capital Commitments will be accepted for the second Closing Date as of September 22, 2008. The Subscriber acknowledges and agrees that if the Subscriber’s subscription to purchase an Interest is accepted, the Subscriber is obligated to make Capital Contributions, on the date(s) specified by Declaration in a Capital Call upon not less than ten (10) Business Days’ prior notice to the Subscriber, substantially in the form attached as Schedule A hereto.
SUBSCRIPTION FOR AN INTEREST. (A) The Investor agrees (i) to become a membership interest holder (a “Member”) of the Company, with a capital contribution equal to the Commitment set forth on the signature page hereto; or (ii) reaffirm its existing membership in the Company, with an additional capital contribution equal to the Commitment set forth on the signature page hereto; as the case may be
SUBSCRIPTION FOR AN INTEREST. (A) To the fullest extent permitted by law, the Subscriber hereby irrevocably subscribes for and agrees to purchase on the Closing Date an Interest in the Partnership on the terms provided for herein and in the Partnership Agreement and further agrees to be bound by and to adhere to all terms and conditions of the Partnership Agreement applicable to limited partners of the Partnership. The minimum initial subscription is U.S.$15,OOO,OOOs,ubject to the sole discretion of the General Partner on behalf of the Partnership to accept lesser amounts. The Subscriber agrees to and understands the terms and conditions upon which the Interests are being offered, including, without limitation, the "Investor Considerations" set forth in the Memorandum.
SUBSCRIPTION FOR AN INTEREST. (A) The Investor hereby irrevocably subscribes for and agrees to acquire a Partnership Interest on the terms provided for herein and in the Partnership Agreement. The Investor understands that it is not entitled to cancel, terminate or revoke this subscription or any agreements of the Investor under this Subscription Agreement. The Investor acknowledges and agrees that it shall be obligated to make capital contributions to the Partnership in respect of its Commitment at such times and in such manner as is determined by the General Partner pursuant to the Partnership Agreement. The Investor agrees to and understands the terms and conditions upon which the Partnership Interests are being offered, including, without limitation, the investment considerations and risks inherent in an investment in an illiquid vehicle that lacks an operating and that may not achieve its investment objective.
