Acceptance and Rejection of Subscription by the Corporation. The Subscriber acknowledges and agrees that the Corporation reserves the right, in its absolute discretion, to reject this subscription for Units, in whole or in part, at any time prior to the Closing Time. If this subscription is rejected in whole, any payment delivered by the Subscriber representing the Subscription Amount pursuant to this Agreement, will be promptly returned to the Subscriber without interest or deduction. If this subscription is accepted only in part, a cheque representing any refund of the Subscription Amount for that portion of the subscription for the Units which is not accepted will be promptly returned to the Subscriber without interest or deduction.
Acceptance and Rejection of Subscription by the Corporation. The Subscriber acknowledges (on its own behalf, and, if applicable, on behalf of each person on whose behalf the Subscriber is contracting) and agrees that the Corporation reserves the right, in its absolute discretion, to reject this subscription for Subscription Receipts, in whole or in part, at any time prior to the Closing Time. If this subscription is rejected in whole, or the conditions of purchase set out herein are not fulfilled or waived, any cheques or other forms of payment delivered to the Corporation, or its counsel, representing the Aggregate Subscription Price will be promptly returned to the Subscriber without interest or deduction. If this subscription is accepted only in part, a cheque representing any refund of the Aggregate Subscription Price for that portion of the subscription for Subscription Receipts which is not accepted, will be promptly delivered to the Subscriber without interest or deduction. The Subscriber acknowledges that the Subscription Receipts subscribed for by it hereunder may form part of a larger issuance and sale by the Corporation of Subscription Receipts for gross proceeds of up to $3,150,000 (in addition to a concurrent subscription receipt financing by a wholly owned subsidiary of the Corporation for up to $1,890,000 as disclosed by the Corporation prior to the Closing Date) to be issued in one or more tranches. The Subscriber understands that the Private Placement is not subject to any minimum subscription level and therefore any funds invested are, pursuant to the terms hereof, available to and will be paid to the Corporation on the Closing Date and need not be refunded to the Subscriber.
Acceptance and Rejection of Subscription by the Corporation. The Corporation shall forward to the Subscriber confirmation of acceptance or rejection (in whole or in part) of this Subscription Agreement promptly after the acceptance or rejection of this Subscription Agreement by the Corporation. The Subscriber acknowledges and agrees that, notwithstanding Section 3.1 above, the Corporation reserves the right, in its absolute discretion, to reject this subscription for Flow-Through Shares, in whole or in part, at any time prior to the Closing Time. If this subscription is rejected in whole, any cheques or other forms of payment delivered to the Underwriter on account of the Subscription Price will be promptly returned to the Subscriber without interest or deduction. If this subscription is accepted only in part, a cheque representing any refund of the Subscription Price for that portion of the subscription for Flow-Through Shares which is not accepted will be promptly delivered to the Subscriber without interest or deduction.
Acceptance and Rejection of Subscription by the Corporation. The Subscriber acknowledges and agrees that the Corporation reserves the right, in its sole absolute discretion, to reject this subscription for Common Shares, in whole or in part, at any time prior to the Closing Time. If this subscription is rejected in whole, any cheques or other forms of payment delivered to the U.S. Agent representing the Aggregate Subscription Price will be promptly returned to the Subscriber without interest or deduction. If this subscription is accepted only in part, a cheque representing any refund of the Aggregate Subscription Price for that portion of the subscription for the Common Shares which is not accepted, will be promptly delivered to the Subscriber without interest or deduction.
Acceptance and Rejection of Subscription by the Corporation. The Subscriber acknowledges and agrees that the Corporation reserves the right, in its absolute discretion, to reject this subscription for Convertible Debentures, in whole or in part, at any time prior to the Closing Time. If this subscription is rejected in whole, any cheques or other forms of payment delivered to the Corporation or to counsel to the Corporation representing the Subscription Amount will be promptly returned to the Subscriber without interest or deduction. If this subscription is accepted only in part, a cheque representing any refund of the Subscription Amount for that portion of the subscription for the Convertible Debentures which is not accepted, will be promptly delivered to the Subscriber without interest or deduction.
Acceptance and Rejection of Subscription by the Corporation. The Subscriber acknowledges and agrees that the Corporation reserves the right, in its absolute discretion, to reject this subscription for Special Warrants, in whole or in part, at any time prior to the Closing Time. If this subscription is rejected in whole, any cheques or other forms of payment delivered to the Corporation representing the Subscription Amount will be promptly returned to the Subscriber without interest or deduction. If this subscription is accepted only in part, a cheque representing any refund of the Subscription Amount for that portion of the subscription for the Special Warrants which is not accepted will be promptly delivered to the Subscriber by the Corporation without interest or deduction. The Subscriber acknowledges and agrees that any Subscription Amounts received by the Corporation prior to the Closing Time will be held by the Corporation and/or used by the Corporation as it so determines, which funds, pending issuance of the Special Warrants, will be deemed to be a non-interest bearing loan from the Subscriber to the Corporation.
Acceptance and Rejection of Subscription by the Corporation. The Subscriber acknowledges and agrees (on its own behalf and, if applicable, on behalf of those for whom the Subscriber is contracting hereunder, including each Beneficial Purchaser) that the Offering is subject to a minimum Subscription Price of $1,000 (the “Minimum Subscription”), and that the Corporation reserves the right, in its absolute discretion, to reject this subscription for Subscription Receipts, in whole or in part, at any time prior to the Closing Time. If this subscription is rejected in whole, any funds delivered to the Agent representing the Subscription Price will be promptly returned to the Subscriber without interest or deduction. If this subscription is accepted only in part, the funds representing that portion of the subscription for the Subscription Receipts which is not accepted, will be promptly delivered to the Subscriber without interest or deduction.
Acceptance and Rejection of Subscription by the Corporation. The Subscriber (on its own behalf and on behalf of each person on whose behalf the Subscriber is contracting) acknowledges and agrees that the Corporation reserves the right, to reject this subscription for Units, in whole or in part, at any time prior to the Closing Time. If this subscription is rejected in whole, any cheques or other forms of payment delivered to the Agent representing the Aggregate Subscription Price will be promptly returned to the Subscriber without interest or deduction. If this subscription is accepted only in part, a cheque representing any refund of the Aggregate Subscription Price for that portion of the subscription for the Units which is not accepted, will be promptly delivered to the Subscriber without interest or deduction. The Subscriber acknowledges that the Units subscribed for by it hereunder form part of a larger issuance and sale by the Corporation of up to US$5 million at a subscription price of US$0.70 per Unit on a "best efforts" private placement basis.
Acceptance and Rejection of Subscription by the Corporation. The Subscriber acknowledges and agrees that the Corporation and Westwind reserve the right, in their absolute discretion, to reject this subscription for Purchased Shares, in whole or in part, at any time prior to the Closing Time. If this subscription is rejected in whole, any cheques or other forms of payment delivered to Westwind representing the Subscription Price will be promptly returned to the Subscriber without interest or deduction. If this subscription is accepted only in part, a cheque representing any refund of the Subscription Price for that portion of the subscription for the Purchased Shares which is not accepted, will be promptly delivered to the Subscriber without interest or deduction.
Acceptance and Rejection of Subscription by the Corporation. The Subscriber acknowledges and agrees, on its own behalf and, if applicable, on behalf of a Disclosed Principal for whom it is acting hereunder, that the Corporation reserves the right, in its absolute discretion, to reject this subscription for the Offered Shares, in whole, at any time prior to the Closing Time. If this subscription is rejected any cheques or other forms of payment delivered to the Corporation representing the Aggregate Subscription Price will be promptly returned to the Subscriber without interest or deduction.
