Subscription for Units Sample Clauses

The 'Subscription for Units' clause defines the process by which an investor agrees to purchase a specified number of units in a fund, partnership, or similar investment vehicle. Typically, this clause outlines the terms of the subscription, such as the price per unit, payment procedures, and any conditions that must be met before the subscription is accepted. For example, it may require the investor to complete a subscription agreement and provide necessary documentation. The core function of this clause is to formalize the investor's commitment and ensure that both parties are clear on the terms of the investment, thereby facilitating a transparent and orderly capital-raising process.
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Subscription for Units. Subject to the terms and conditions hereinafter set forth, the Subscriber hereby subscribes for and agrees to purchase from the Company such number of Units as is set forth upon the signature page hereof at a price equal to $100,000 per Unit and the Company agrees to sell such Units to the Subscriber for said purchase price. The purchase price is payable by certified or bank check made payable to Comdial Corporation or by wire transfer of funds, contemporaneously with the execution and delivery of this Subscription Agreement.
Subscription for Units. On the terms and subject to the conditions set forth in Sections 5 and 6 below, each Subscriber hereby subscribes for and agrees to purchase from the Company on the Initial Closing Date (as defined below), that number of Units as is set forth on such Subscriber’s signature page hereof, for the purchase price indicated (the “Initial Purchase Price”) on such signature page (the “Initial Closing”). The date and time of the Initial Closing (the “Initial Closing Date”) shall be 10:00 a.m., New York City Time, on the date hereof (or such other date and time as is mutually agreed to by the Company and each Subscriber) after notification of satisfaction (or waiver) of the conditions to the Initial Closing set forth in Sections 5 and 6 below. On the terms and subject to the conditions set forth in Sections 5 and 6 below, any Person approved by the Company in its sole discretion may subscribe for and agree to purchase from the Company on an Additional Closing Date (as defined below), that number of Units as is set forth on the signature page of such Person’s Joinder Agreement (as defined below), for the purchase price indicated (the “Additional Purchase Price”, and collectively with the Initial Purchase Price, the “Purchase Price”) on such signature page (an “Additional Closing” and together with the Initial Closing, a “Closing”). Such Person shall not be eligible to purchase Units at an Additional Closing unless such Person shall have entered into a joinder agreement in the form attached hereto as Exhibit A (each, a “Joinder Agreement”) and such Joinder Agreement is executed and delivered by such Person to the Company and the Placement Agent. Effective as of the applicable Additional Closing Date, such Person shall be become a “Subscriber” for all purpose and intent under this Agreement and any other Transaction Document (as defined in Section 3.2). The date and time of an Additional Closing (an “Additional Closing Date” and together with the Initial Closing Date, a “Closing Date”) shall be 10:00 a.m., New York City Time, on one or more dates that is no later than the tenth (10th) Business Day after the date hereof (the “Additional Closing Deadline”) after notification of satisfaction (or waiver) of the conditions to the Additional Closing set forth in Sections 5 and 6 below. In the event that a Closing shall not have occurred with respect to a Subscriber on or before ten (10) Business Days from the date hereof due to the Company’s or such Subscriber’s failure to s...
Subscription for Units. The Subscriber hereby confirms its subscription for and offer to purchase the Units from the Company, on and subject to the terms and conditions set out in this Subscription Agreement, for the Subscription Amount, which is payable as described in Article 4 hereto.
Subscription for Units. (a) The Subscriber hereby confirms its irrevocable subscription for the Units from the Issuer, on and subject to the terms and conditions set out in this Subscription Agreement, for the Subscription Price which is payable as described herein. The Subscriber acknowledges (on its own behalf and including, if applicable, on behalf of each Disclosed Principal) that upon acceptance by the Issuer of this Subscription Agreement, the Subscription Agreement will constitute a binding obligation of the Subscriber (including if applicable, each Disclosed Principal), subject to the terms and subject to the conditions set out in this Subscription Agreement. (b) The Units will be issued and registered in the name of the Subscriber as per the instructions on the face page of this Subscription Agreement.
Subscription for Units. Subscribers may purchase Units of a Fund by delivering to the Manager or any distributor of such Units appointed by the Manager a completed and executed subscription form or other documentation acceptable to the Manager accompanied by a cheque for the full dollar amount of the Units subscribed for. All subscriptions will be subject to acceptance by the Manager. Subject to the terms of any current Prospectus of like document of the Fund, the Manager, in its discretion, may prescribe any acquisition charges, redemption charges, minimum initial subscription amounts, minimum subsequent subscription amounts and minimum aggregate Series Net Asset Value balances to be maintained by Unitholders, and may, in its discretion prescribe any procedures in connection therewith (including a procedure whereby a Unitholder is required to redeem his Units in a Fund) and the Manager, in its discretion, may prescribe the maximum number of Units or maximum dollar amount of Units that may be sold in a Fund or in a particular series; provided no such charges, amounts or balances may be prescribed by the Manager and no procedures in connection therewith may be prescribed by the Manager except as provided in any current Prospectus or like document of the Fund.
Subscription for Units. Based upon the hereinafter terms, conditions, representations, warranties and covenants given by each party to the other, the Subscriber hereto hereby irrevocably subscribes for and agrees to purchase the number of Units of the Company set forth on the Signature Page/Subscriber Statement at the beginning of this document at a subscription price of U.S. $0.35 per Unit, for aggregate consideration (the "Subscription Price") as set forth on the Signature Page/Subscriber Statement at the beginning of this Agreement.
Subscription for Units. I hereby irrevocably subscribe for the amount of Units (and during the Continuous Offering, partial Units rounded to four decimal places) of Limited Partnership Interest ("Units") of ▇▇▇▇▇ ▇▇▇▇▇▇ AAA Energy Fund L.P. (the "Partnership") as indicated on page 5 hereof. I understand that each Unit will be offered at $1,000 per Unit during the Initial Offering Period and at Net Asset Value per Unit on the date of sale during the Continuous Offering. I hereby authorize SB to debit my SB account in the amount of my subscription as described in "Subscription Procedure" in the Private Placement Offering Memorandum and Disclosure Document dated February 12, 1998, as amended or supplemented from time to time (the "Memorandum"). I am aware that this subscription is not binding on the Partnership unless and until it is accepted by the General Partner, which may reject this subscription in whole or in part for any reason whatsoever. I understand that the General Partner will advise me within 5 business days of receipt of my funds and this Agreement if my subscription has been rejected. I further understand that if this subscription is not accepted, the full amount of my subscription will be promptly returned to me without deduction.
Subscription for Units. Subject to the terms and conditions hereinafter set forth, the Subscriber hereby subscribes for and agrees to purchase from the Company the principal amount of Units, with the Notes and the Warrants substantially in the form attached hereto as Exhibit A and Exhibit B, respectively, as is set forth upon the signature page hereof. The Notes in the Units shall bear interest at a rate of twelve percent (12.0%) per annum, on a non-compounding basis, and are due and payable on the earlier of (i) the date upon which the Units are converted into equity securities as set forth herein, or (ii) or eighteen months from the closing of this Offering (the “Maturity Date”). All interest due shall be paid in shares of the Company’s common stock, which shall be valued at $2.00 per share for purposes of the interest computation. The Warrants shall be exercisable into shares of common stock for a period of five (5) years from the closing of the Offering at a price of $5.50 per share. The Units will be offered and sold by the Company solely to “accredited investors” (as defined under Rule 501 of Regulation D of the Securities Act of 1933, as amended).
Subscription for Units. Based upon the hereinafter terms, conditions, representations, warranties and covenants given by each party to the other, the Subscriber hereto hereby irrevocably subscribes for and agrees to purchase _______________ Units of the Company, at a subscription price of U.S. $0.02 per Unit, for aggregate consideration of U.S. $_______________ (the "Subscription Price").
Subscription for Units. The Subscriber agrees to purchase Units for an aggregate purchase price equal to the net asset value (“NAV”) that it hereby subscribes for the commitment in the amount set forth above (the “Commitment”), subject to the below Section 11.13, on the terms described or appearing in the Offering Documents (it being understood that if the subscription is partially accepted, the Fund will amend this Subscription Agreement to reduce the above number of Units and corresponding Commitment to reflect the number of Units to be issued to the Subscriber). Subject to the terms of this Subscription Agreement and of the LLC Agreement, the Subscriber’s obligation to pay for the Units it is purchasing hereunder shall be unconditional, complete and binding upon the completion of the Closing (as defined below), provided, however, that for the convenience of the Fund, the Subscriber’s Commitment shall be payable in capital contributions as provided in Article 6 of the LLC Agreement. The Subscriber agrees to become a unitholder and to be bound by the terms and provisions of the LLC Agreement in the final form provided to the Subscriber and this Subscription Agreement, and the Subscriber and the Adviser agree that the Subscriber shall be admitted as a unitholder, in each case on the Closing Date (as defined below). Subject to the terms hereof and of the LLC Agreement, the Subscriber’s obligation to make capital contributions hereunder shall be unconditional, complete and binding upon the Closing Date (as defined below).