Common use of Acceptance of Subscription Clause in Contracts

Acceptance of Subscription. (a) It is understood that this subscription is not binding upon the Company until accepted by the Company, and that the Company has the right to accept or reject this subscription, in whole or in part, in its sole and complete discretion. If this subscription is rejected in whole, the Company shall return to Buyer, without interest, the Payment tendered by Buyer, in which case the Company and Buyer shall have no further obligation to each other hereunder. In the event of a partial rejection of this subscription, Buyer’s Payment will be returned to Buyer, without interest, whereupon Buyer agrees to deliver a new payment in the amount of the purchase price for the number of Shares to be purchased hereunder following a partial rejection of this subscription.

Appears in 151 contracts

Samples: Subscription Agreement (Empire Commercial & Industrial Corp), Subscription Agreement (Turnpoint Global, Inc.), Subscription Agreement (Turnpoint Global, Inc.)

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Acceptance of Subscription. (a) It is understood that this subscription is not binding upon the Company until accepted by the Company, and that the Company has the right to accept or reject this subscription, in whole or in part, in its sole and complete discretion. If this subscription is rejected in whole, the Company shall return to Buyer, without interest, the Payment tendered by Buyer, in which case the Company and Buyer shall have no further obligation to each other hereunder. In the event of a partial rejection of this subscription, Buyer’s 's Payment will be returned to Buyer, without interest, whereupon Buyer agrees to deliver a new payment in the amount of the purchase price for the number of Shares to be purchased hereunder following a partial rejection of this subscription.

Appears in 8 contracts

Samples: Subscription Agreement (Personality Software Systems, Inc.), Subscription Agreement (Hydrolix, Inc.), Introbuzz Subscription Agreement (Introbuzz)

Acceptance of Subscription. (a) It a)It is understood that this subscription is not binding upon the Company until accepted by the Company, and that the Company has the right to accept or reject this subscription, in whole or in part, in its sole and complete discretion. If this subscription is rejected in whole, the Company shall return to Buyer, without interest, the Payment tendered by Buyer, in which case the Company and Buyer shall have no further obligation to each other hereunder. In the event of a partial rejection of this subscription, Buyer’s Payment will be returned to Buyer, without interest, whereupon Buyer agrees to deliver a new payment in the amount of the purchase price for the number of Shares to be purchased hereunder following a partial rejection of this subscription.

Appears in 5 contracts

Samples: Subscription Agreement (CW Petroleum Corp), Subscription Agreement (Haibo Sym, Inc.), Subscription Agreement (CW Petroleum Corp)

Acceptance of Subscription. (a) It is understood that this subscription is not binding upon the Company until accepted by the Company, and that the Company has the right to accept or reject this subscription, in whole or in part, in its sole and complete discretion. If this subscription is rejected in whole, the Company shall return to Buyer, without interest, the Payment tendered by Buyer, in which case the Company and Buyer shall have no further obligation to each other hereunder. In the event of a partial rejection of this subscription, Buyer’s 's Payment will be returned to Buyer, without interest, whereupon Buyer agrees to deliver a new payment in the amount of the purchase price for the number of Shares to be purchased hereunder following a partial rejection of this subscription. 7.

Appears in 4 contracts

Samples: Subscription Agreement (Body Art & Science Inc), Medical Staffing Solutions Inc, Expert Systems Inc

Acceptance of Subscription. (a) It is understood that this subscription is not binding upon the Company until accepted by the Company, and that the Company has the right to accept or reject this subscription, in whole or in part, in its sole and complete discretion. If this subscription is rejected in whole, the Company shall return to Buyer, without interest, the Payment tendered by Buyer, in which case the Company and Buyer shall have no further obligation to each other hereunder. In the event of a partial rejection of this subscription, Buyer’s 's Payment will be returned to Buyer, without interest, whereupon Buyer agrees to deliver a new payment in the amount of the purchase price for the number of Shares to be purchased hereunder following a partial rejection of this subscription.

Appears in 3 contracts

Samples: Subscription Agreement (Litera Group Inc), Subscription Agreement (Practical Plastics Inc), Subscription Agreement (Firstcdp Inc)

Acceptance of Subscription. (a) It is understood that this subscription is not binding upon the Company until accepted by the Company, and that the Company has the right to accept or reject this subscription, in whole or in part, in its sole and complete discretion. If this subscription is rejected in whole, the Company shall return to Buyer, without interest, the Payment tendered by BuyerXxxxx, in which case the Company and Buyer shall have no further obligation to each other hereunder. In the event of a partial rejection of this subscription, BuyerXxxxx’s Payment will be returned to Buyer, without interest, whereupon Buyer agrees to deliver a new payment in the amount of the purchase price for the number of Shares to be purchased hereunder following a partial rejection of this subscription.

Appears in 3 contracts

Samples: Subscription Agreement (JAAG Enterprises Ltd.), ISMO Tech Solutions, Inc., ISMO Tech Solutions, Inc.

Acceptance of Subscription. (a) It is understood that this subscription is not binding upon the Company until accepted by the Company, and that the Company has the right to accept or reject this subscription, in whole or in part, in its sole and complete discretion. If this subscription is rejected in whole, the Company shall return to Buyer, without interest, the Payment tendered by BuyerBxxxx, in which case the Company and Buyer shall have no further obligation to each other hereunder. In the event of a partial rejection of this subscription, BuyerBxxxx’s Payment will be returned to Buyer, without interest, whereupon Buyer agrees to deliver a new payment in the amount of the purchase price for the number of Shares to be purchased hereunder following a partial rejection of this subscription.

Appears in 3 contracts

Samples: Subscription Agreement (SIPP International Industries, Inc.), Subscription Agreement (Soul Biotechnology Corp), Subscription Agreement (Alpine Auto Brokers Inc.)

Acceptance of Subscription. (a) It is understood that this subscription Subscription Agreement is not binding upon the Company until accepted by the Company, and that the Company has the right to accept or reject this subscription, in whole or in part, in its sole and complete discretion. If this subscription Subscription Agreement is rejected in whole, the Company shall return to Buyer, without interest, the Payment payment tendered by Buyer, in which case the Company and Buyer shall have no further obligation to each other hereunder. In the event of a partial rejection of this subscriptionSubscription Agreement, Buyer’s Payment payment will be returned to Buyer, without interest, whereupon Buyer agrees to deliver a new payment in the amount of the purchase price for the number of Shares to be purchased hereunder following a partial rejection of this subscriptionSubscription Agreement.

Appears in 2 contracts

Samples: Subscription Agreement (Gpods, Inc.), Subscription Agreement (Freight Solution Inc)

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Acceptance of Subscription. (a) It is understood that this subscription is not binding upon the Company until accepted by the Company, and that the Company has the right to accept or reject this subscription, in whole or in part, in its sole and complete discretion. If this subscription is rejected in whole, the Company shall return to Buyer, without interest, the Payment tendered by Buyer, in which case the Company and Buyer shall have no further obligation to each other hereunder. In the event of a partial rejection of this subscription, Buyer’s Payment will be returned to Buyer, without interest, whereupon Buyer agrees to deliver a new payment in the amount of the purchase price for the number of Shares to be purchased hereunder following a partial rejection of this subscription. The offering is being made on an “all or nothing” basis. Proceeds will be returned to investors if the Company fails to sell all of the shares offered.

Appears in 1 contract

Samples: Joblocationmap Inc

Acceptance of Subscription. (a) It is understood that this subscription is not binding upon the Company until accepted by the Company, and that the Company has the right to accept or reject this subscription, in whole or in part, in its sole and complete discretion. If this subscription is rejected in whole, the Company shall return to Buyer, without interest, the Payment tendered by Buyer, in which case the Company and Buyer shall have no further obligation to each other hereunder. In the event of a partial rejection of this subscription, Buyer’s 's Payment will be returned to Buyer, without interest, whereupon Buyer agrees to deliver a new payment in the amount of the purchase price for the number of Shares to be purchased hereunder following a partial rejection of this subscription.. Exhibit 99.2 - continued

Appears in 1 contract

Samples: Expert Systems Inc

Acceptance of Subscription. (a) It is understood that this subscription is not binding upon the Company until accepted by the Company, and that the Company has the right to accept or reject this subscription, in whole or in part, in its sole and complete discretion. If this subscription is rejected in whole, the Company shall return to Buyer, without interest, the Payment tendered by Buyer, in which case the Company and Buyer shall have no further obligation to each other hereunder. In the event of a partial rejection of this subscription, Buyer’s 's Payment will be returned to Buyer, without interest, whereupon Buyer agrees to deliver a new payment in the amount of the purchase price for the number of Shares shares to be purchased hereunder following a partial rejection of this subscription.

Appears in 1 contract

Samples: Subscription Agreement (Interactive Outdoors Inc)

Acceptance of Subscription. (a) a. It is understood that this subscription Subscription Agreement is not binding upon the Company until accepted by the Company, and that the Company has the right to accept or reject this subscription, in whole or in part, in its sole and complete discretion. If this subscription Subscription Agreement is rejected in whole, the Company shall return to Buyer, without interest, the Payment payment tendered by Buyer, in which case the Company and Buyer shall have no further obligation to each other hereunder. In the event of a partial rejection of this subscriptionSubscription Agreement, Buyer’s Payment payment will be returned to Buyer, without interest, whereupon Buyer agrees to deliver a new payment in the amount of the purchase price for the number of Shares to be purchased hereunder following a partial rejection of this subscriptionSubscription Agreement.

Appears in 1 contract

Samples: Subscription Agreement (Elektor Industries Inc.)

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