Rejection of Subscription. At or before the Closing, the Company may, in its sole discretion and for any reason, elect not to accept the subscription of Subscriber, in whole or in part. If the Company rejects such subscription, the Company shall refund to Subscriber all funds submitted by Subscriber to the Company in connection with such rejected subscription. For the avoidance of doubt, the Subscriber will not receive any interest on funds submitted to the Company but subsequently refunded. The Subscriber may not revoke the Agreement, and the Subscriber may not cancel, terminate or revoke this Agreement, which shall be binding upon the Subscriber, and the Subscriber’s heirs, trustees, beneficiaries, executors, personal or legal administrators or representatives, successors, transferees and assigns and, in the case of an individual, shall survive his death or disability.
Appears in 4 contracts
Samples: Subscription Agreement, Subscription Agreement, Subscription Agreement
