Common use of Method of Subscription Clause in Contracts

Method of Subscription. It is hereby acknowledged and agreed by the parties hereto that any subscription for Units shall be made by the Subscriber: (a) by faxing to the Company, at (▇▇▇) ▇▇▇-▇▇▇▇, or to the Company's counsel, Lang ▇▇▇▇▇▇▇▇ LLP (the "Company's Counsel"), at (▇▇▇) ▇▇▇-▇▇▇▇ or (▇▇▇) ▇▇▇-▇▇▇▇, a completed and executed copy of this Agreement together with all applicable Appendices hereto; and (b) by delivering to the Company, at ▇▇▇▇ ▇▇▇▇ ▇▇▇▇ ▇▇▇▇ ▇▇▇▇, Las Vegas, Nevada, U.S.A., 89128, or to the Company's Counsel, at 1500 Royal Centre, ▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇, ▇▇▇ ▇▇▇, an originally executed and completed copy of this Agreement and all applicable Appendices hereto together with payment for the exact Subscription Price for such Units in the following manner: (i) by delivery: (A) to the Company, at its above address, of a bank draft, money order or cashier's cheque for the exact Subscription Price for the Units made payable to the Company; or (B) to the Company's Counsel, at its above address, of a bank draft, money order or cashier's cheque for the exact Subscription Price for the Units made payable to "Lang ▇▇▇▇▇▇▇▇ LLP In Trust" for the account of the Company; or (ii) by wire transfer to the Company's Counsel of the exact Subscription Price for the Units to the following wiring instructions: Bank Name: Bank of Montreal; Bank Address: ▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇; Transit Number: ▇▇▇▇▇; Bank Number: 001; Account Name: Lang ▇▇▇▇▇▇▇▇ LLP Client's U.S. Trust Account Reason: Re: Lexington Resources, Inc.; File #57589-0002 - Subscriptions; Account Number: 4692-529; Swift Code: ▇▇▇▇▇▇▇▇; and * If coming from the U.S. or Overseas: Intermediary Bank: Wachovia Bank, N.A.; Swift Code: ▇▇▇▇▇▇▇▇▇▇▇; and Fedwire ABA#: ▇▇▇▇▇▇▇▇▇. *Note: Unless instructed otherwise by the Company, the Company's Counsel must deposit all trust funds (including the Subscription Price received) in an account that is insured by the Canadian Deposit Insurance Corporation or the Credit Union Deposit Insurance Corporation of British Columbia or guaranteed under the Community Financial Services Act (Canada). All U.S. dollar accounts in Canada are not insured. In this regard, and should the Subscriber's subscription and/or Subscription Price payment be submitted to the Company's Counsel, in trust or otherwise (as above in respect to the wire transfer), then the Subscriber agrees that the Company's Counsel shall have no accountability to the Subscriber whatsoever and acknowledges that the Company's Counsel is merely a recipient for the Company and has no obligation of any nature to the Subscriber. Under no circumstances shall the Company's Counsel be considered to be giving legal or other advice or services to the Subscriber and no communication between the Subscriber and the Company's Counsel shall be considered advice (at the most only administrative subscription assistance on behalf of the Company) but the Subscriber shall rely solely and exclusively on the Subscriber's own judgment and the advice of the Subscriber's own counsel.

Appears in 1 contract

Sources: Subscription Agreement (Lexington Resources Inc)

Method of Subscription. It is hereby acknowledged and agreed by the parties hereto that any subscription for Units shall be made by the Subscriber: (a) by faxing to the Company, at (▇▇▇) ▇▇▇-▇▇▇▇, or to the Company's counsel, Lang ▇▇▇▇▇▇▇▇ LLP (the "Company's Counsel"), at (▇▇▇) ▇▇▇-▇▇▇▇ or (▇▇▇) ▇▇▇-▇▇▇▇, a completed and executed copy of this Agreement together with all applicable Appendices hereto; and (b) by delivering to the Company, at ▇▇▇▇ ▇▇▇▇ ▇▇▇▇ ▇▇▇▇ ▇▇▇▇, Las VegasSuite E, NevadaLivermore, California, U.S.A., 8912894551, or to the Company's Counsel, at 1500 Royal Centre, ▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇, ..., ▇▇▇▇▇▇, ▇▇▇ ▇▇▇, an originally executed and completed copy of this Agreement and all applicable Appendices hereto together with payment for the exact Subscription Price for such Units in the following manner: (i) by delivery: (A) to the Company, at its above address, of a bank draft, money order or cashier's cheque for the exact Subscription Price for the Units made payable to the Company; or (B) to the Company's Counsel, at its above address, of a bank draft, money order or cashier's cheque for the exact Subscription Price for the Units made payable to "Lang ▇▇▇▇▇▇▇▇ LLP In Trust" for the account of the Company; or (ii) by wire transfer to the Company's Counsel of the exact Subscription Price for the Units to the following wiring instructions: Bank Name: Bank Address: Transit Number: Bank Number: Account Name: Reason: Account Number: Swift Code: Bank of Montreal; Bank Address: ▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇, ..., ▇▇▇▇▇▇; Transit Number: ▇▇▇▇▇00040; Bank Number: 001; Account Name: Lang ▇▇▇▇▇▇▇▇ LLP Client's U.S. Trust Account Reason: Re: Lexington Resources, Inc.Power Air Corporation; File #57589-57537 - 0002 - Subscriptions; Account Number: 4692-529; Swift Code: ▇▇▇▇▇▇▇▇; and * If coming from the U.S. or Overseas: Intermediary Bank: Swift Code: Fedwire ABA#: Wachovia Bank, N.A.; Swift Code: ▇▇▇▇▇▇▇▇▇▇▇; and Fedwire ABA#: ▇▇▇▇▇▇▇▇▇026005092. *Note: Unless instructed otherwise by the Company, the Company's Counsel must deposit all trust funds (including the Subscription Price received) in an account that is insured by the Canadian Deposit Insurance Corporation or the Credit Union Deposit Insurance Corporation of British Columbia or guaranteed under the Community Financial Services Act (Canada). All U.S. dollar accounts in Canada are not insured. In this regard, and should the Subscriber's subscription and/or Subscription Price payment be submitted to the Company's Counsel, in trust or otherwise (as above in respect to the wire transfer), then the Subscriber agrees that the Company's Counsel shall have no accountability to the Subscriber whatsoever and acknowledges that the Company's Counsel is merely a recipient for the Company and has no obligation of any nature to the Subscriber. Under no circumstances shall the Company's Counsel be considered to be giving legal or other advice or services to the Subscriber and no communication between the Subscriber and the Company's Counsel shall be considered advice (at the most only administrative subscription assistance on behalf of the Company) but the Subscriber shall rely solely and exclusively on the Subscriber's own judgment and the advice of the Subscriber's own counsel.

Appears in 1 contract

Sources: Private Placement Subscription Agreement (Power Air Corp)

Method of Subscription. It is hereby acknowledged and agreed by the parties hereto that any subscription for Units shall be made by the Subscriber: (a) by faxing to the Company, at (▇▇▇) ▇▇▇-▇▇▇▇, or to the Company's counsel, Lang ▇▇▇▇▇▇▇▇ LLP (the "Company's Counsel"), at (▇▇▇) ▇▇▇-▇▇▇▇ or (▇▇▇) ▇▇▇-▇▇▇▇, a completed and executed copy of this Agreement together with all applicable Appendices hereto; and (b) by delivering to the Company, at ▇▇▇▇ ▇▇▇▇ ▇▇▇▇ ▇▇▇▇ ▇▇▇▇, Las VegasSuite E, NevadaLivermore, California, U.S.A., 8912894551, or to the Company's Counsel, at 1500 Royal Centre, ▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇, ..., ▇▇▇▇▇▇, ▇▇▇ ▇▇▇, an originally executed and completed copy of this Agreement and all applicable Appendices hereto together with payment for the exact Subscription Price for such Units in the following manner: (i) by delivery: (A) to the Company, at its above address, of a bank draft, money order or cashier's cheque for the exact Subscription Price for the Units made payable to the Company; or (B) to the Company's Counsel, at its above address, of a bank draft, money order or cashier's cheque for the exact Subscription Price for the Units made payable to "Lang ▇▇▇▇▇▇▇▇ LLP In Trust" for the account of the Company; or (ii) by wire transfer to the Company's Counsel of the exact Subscription Price for the Units to the following wiring instructions: Bank Name: Bank of Montreal; Bank Address: ▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇, ..., ▇▇▇▇▇▇; Transit Number: ▇▇▇▇▇; Bank Number: 001; Account Name: Lang ▇▇▇▇▇▇▇▇ LLP Client's U.S. Trust Account Reason: Re: Lexington Resources, Inc.Power Air Corporation; File #57589-0002 57537 - 0023 - Subscriptions; Account Number: 4692-529; Swift Code: ▇▇▇▇▇▇▇▇; and * If coming from the U.S. or Overseas: Intermediary Bank: Wachovia Bank, N.A.; Swift Code: ▇▇▇▇▇▇▇▇▇▇▇; and Fedwire ABA#: ▇▇▇▇▇▇▇▇▇. *Note: Unless instructed otherwise by the Company, the Company's Counsel must deposit all trust funds (including the Subscription Price received) in an account that is insured by the Canadian Deposit Insurance Corporation or the Credit Union Deposit Insurance Corporation of British Columbia or guaranteed under the Community Financial Services Act (Canada). All U.S. dollar accounts in Canada are not insured. In this regard, and should the Subscriber's subscription and/or Subscription Price payment be submitted to the Company's Counsel, in trust or otherwise (as above in respect to the wire transfer), then the Subscriber agrees that the Company's Counsel shall have no accountability to the Subscriber whatsoever and acknowledges that the Company's Counsel is merely a recipient for the Company and has no obligation of any nature to the Subscriber. Under no circumstances shall the Company's Counsel be considered to be giving legal or other advice or services to the Subscriber and no communication between the Subscriber and the Company's Counsel shall be considered advice (at the most only administrative subscription assistance on behalf of the Company) but the Subscriber shall rely solely and exclusively on the Subscriber's own judgment and the advice of the Subscriber's own counsel.

Appears in 1 contract

Sources: Private Placement Subscription Agreement (Power Air Corp)