Subscriptions for Shares Sample Clauses
Subscriptions for Shares. You shall (a) find Eligible Investors for the Shares, (b) keep records of the basis for each determination by a member of, or person associated with, your firm of an investor’s suitability and (c) promptly forward each fully completed and executed copy of the subscription agreement, which shall be in form of Exhibit C to the Prospectus (the “Subscription Agreement”), as signed by each investor and countersigned by a supervisory representative of your firm, together with the related subscription payment in the form of a check made payable to “JPMorgan Chase Bank as Escrow Agent for ICON Leasing Fund Twelve, LLC” pending receipt and acceptance by the Manager of subscriptions for 1,200 shares and thereafter (except for residents of the Commonwealth of Pennsylvania who must continue to make checks payable to the Escrow Account until subscriptions for 20,000 Shares have been received and accepted in the Primary Offering) in the form of a check made payable to “ICON Leasing Fund Twelve, LLC” to: ICON Capital Corp. 1▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇▇ ▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇▇ Each Subscription Agreement and related subscription payment shall be forwarded by your firm to the Manager at the foregoing address no later than noon of the next day after receipt from your customer by any member of, or associated with, your firm of such payment, unless such Subscription Agreement and payment are first forwarded to another of your offices for internal supervisory review (which shall take place within the aforementioned time period), in which event such other office shall complete its review and forward such Subscription Agreement and payment to the above address no later than noon of the next business day after its receipt thereof. Notwithstanding the foregoing, any investor’s check not properly completed as described above shall be promptly returned to such investor not later than the next business day following your receipt of such check. Each subscription so received by the Manager will be subject to acceptance or rejection by it by the end of the business day on which it is received. Each such subscription payment received by us and accepted by the Manager will be transmitted, as soon as practicable, but in any event by the end of the second business day following our receipt thereof, to JPMorgan Chase Bank (the “Escrow Agent”) for deposit in an interest-bearing bank account insured by the Federal Deposit Insurance Corporation, which shall be an escrow account in the name of Escrow A...
Subscriptions for Shares a. Subscription agreements for shares of Company’s stock will be completed and submitted to Impound Agent in triplicate, along with checks and other payment orders or wire transfer for the amount of the subscriptions. Checks and other payment orders shall be made payable to “Pacific Coast Bankers Bank for Manhattan Bancorp Impound Account.” Company will inform Impound Agent of its intent to accept or reject subscriptions or to accept a subscription in part. If any subscriptions are rejected or accepted only in part Impound Agent will refund the rejected amount, including any interest actually earned thereon, to the Subscriber. Upon the closing of the Offering, Impound Agent will return one copy of the subscription agreement to the Subscriber, return one copy to Company, and retain one copy for Impound Agent’s records.
b. In the event that the Company engages one or more members of the National Association of Securities Dealers (each a “Member”) to participate in the effort to sell the shares of the Company’s stock, checks from Subscribers shall be transmitted to the Impound Agent by noon of the next business day after receipt by the Member.
Subscriptions for Shares. All subscriptions for Shares are subject to acceptance or rejection by the Trust at its sole discretion. If rejected, the Trust will refund the purchase payment directly to the purchaser.
Subscriptions for Shares. (a) The initial closing date for subscriptions for Shares is on or about October 3, 2011 (the “Initial Closing Date”). After the Initial Closing Date, the Fund may from time to time, in the sole discretion of the Fund, offer Shares to investors for purchase (“Subsequent Offerings”). The Fund expects that Subsequent Offerings will occur monthly and that subscriptions for Shares will be accepted as of the first day of each calendar month, subject to the discretion of the Fund to have Subsequent Offerings and accept subscriptions on other dates.
(b) All subscriptions for Shares and payments by subscribers of subscription amounts for Shares will be made in accordance with the terms and conditions set out in the Memorandum and subscription documentation; provided, that the Fund may from time to time vary the minimum subscription amounts with respect to individual investors or classes of investors. Subscriptions will be subject to acceptance by the Fund, as described in Section 5 below.
(c) All payments received by you under this Agreement for subscriptions in the name and on behalf of the Fund will be handled by you in accordance with the terms of the subscription documentation.
(d) If the Fund rejects any subscriptions, it will notify The Bank of New York Mellon, as custodian for the Fund, and BNY Mellon Investment Servicing (U.S.) Inc., as escrow agent for the Fund, or any other custodian or escrow agent who may be serving in such capacity at that time, to return all subscription payments to investors, plus accrued interest, if any.
Subscriptions for Shares. (a) The Trust will offer Shares to investors for purchase (“Offerings”) subject to the restrictions stated in the Fund’s Offering Memorandum. The Trust expects that Offerings will occur continuously and that subscriptions for Shares will be accepted as of the end of each business day the Fund is open for business.
(b) All subscriptions for Shares and payments by subscribers of subscription amounts for Shares will be made in accordance with the terms and conditions set out in the Offering Memorandum and subscription documentation; provided that JPMIM may from time to time vary the minimum subscription amounts with respect to individual investors or classes of investors. Subscriptions will be subject to acceptance by JPMIM, as described in Section 5 below.
(c) All payments received by you under this Agreement for subscriptions in the name and on behalf of the Fund will be handled by you or your authorized agent in accordance with the terms of the subscription documentation.
(d) If JPMIM rejects any subscriptions, it will notify JPMorgan Chase Bank, as custodian for the Fund, or any other custodian or escrow agent, if applicable, who may be serving in such capacity at that time, to return all subscription payments to investors, plus accrued interest, if any.
Subscriptions for Shares. Subscription agreements for shares of the Company's common stock will be completed and submitted to Impound Agent in triplicate, along with checks and other payment orders for the amount of the subscriptions. Checks and other payment orders shall be made payable to Pacific Coast Bankers' Bank fbo "Humboldt Bancorp". The Company will inform Impound Agent of its intent to accept or reject subscriptions or to accept a subscription in part. If any subscriptions are rejected or accepted only in part, Impound Agent will refund the rejected amount to the Subscriber. Upon a closing of the Offering, Impound Agent will return one copy of the subscription agreement to the Subscriber, return one copy to Company, and retain one copy for Impound Agent's records.
Subscriptions for Shares. 2.1 In consideration for the payment of £333 by ▇▇ ▇▇▇▇▇▇▇ to the Company, ▇▇ ▇▇▇▇▇▇▇ hereby subscribes for 333 A Shares subject to the Articles and the terms and conditions of this Agreement.
2.2 In consideration for the payment of £333 by ▇▇▇ ▇▇▇▇▇▇▇ to the Company, ▇▇▇ ▇▇▇▇▇▇▇ hereby subscribes for 333 A Shares subject to the Articles and the terms and conditions of this Agreement.
2.3 In consideration for the payment of £331 by 19 to the Company, 19 hereby subscribes for 331 B Shares subject to the Articles and the terms and conditions of this Agreement.
Subscriptions for Shares. 4.1. The following shareholders will subscribe for the number of ordinary shares of £1 ■ ■ ■ ■ , ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ . ▇▇▇ 20 ▇▇▇ 20 ▇▇▇▇ 40 ▇▇▇▇▇ 10 ▇▇▇▇ 50
4.2. The Specially Protected Minority is: [▇▇▇▇]
Subscriptions for Shares. Subscription
2.1 On the terms of this Deed:
2.1.1 the Eagle Investor hereby applies for 31,766,961 “A” Ordinary Shares (which will represent 10.7295% of the Ordinary Shares in issue upon Completion) at an aggregate subscription price of £32,400,000 and US$10,000,000 payable in cash on Completion, to be allotted and issued to it in accordance with Clause 3.1.3 and the Articles (the purpose of such subscription being to provide funding for the purposes of the Acquisition including payment of related fees and expenses); and
2.1.2 the Bregal Fund III Investor hereby applies for 34,316,161 “B” Ordinary Shares (which will represent 11.5905% of the Ordinary Shares in issue upon Completion), at an aggregate subscription price of £35,000,000 payable in cash on Completion, to be allotted and issued to it in accordance with Clause 3.1.3 and the Articles (the purpose of such subscription being to provide funding for the purposes of the Acquisition including payment of related fees and expenses).
2.2 The Eagle Investor agrees to accept such shares in the Company for which it has applied on and subject to the terms of the memorandum of incorporation of the Company and the Articles and consents to the entry of its name in the register of members as the holder thereof.
2.3 The Bregal Fund III Investor agrees to accept such shares in the Company for which it has applied on and subject to the terms of the memorandum of incorporation of the Company and the Articles and consents to the entry of its name in the register of members as the holder thereof.
2.4 The Bregal Fund III Investor shall be entitled to direct that the shares applied for by it be issued and registered in the name of any nominee or custodian who shall hold such shares on its behalf as bare nominee and the provisions of Clauses 2.1.2, 2.3 and 3.1.3(a) shall be interpreted accordingly.
2.5 The Company acknowledges and agrees that the Amalgamation Agreement, the Implementation Agreement and the terms and conditions of the Acquisition are required to be in forms reasonably acceptable to the Bregal Investors and the Eagle Investor and that following the agreement of the Bregal Investors and the Eagle Investor to the form of any such document any changes to it (except the deletion of the condition contained in paragraph 1.3(g) of Appendix 1 to the Acquisition Announcement and/or the deletion of the words “on terms reasonably satisfactory to Condor” from paragraph 1.3(d) of Appendix 1 to the Acquisition Announcemen...
Subscriptions for Shares. Subscriptions for shares of the Corporation shall be valid only if they are in writing. Unless the subscription agreement provides otherwise, subscriptions for shares, regardless of the time when they are made, shall be paid in full at such time, or in such installments and at such periods, as shall be determined by the Board of Directors. All calls for payment on subscriptions shall be uniform as to all shares of the same class or of the same series, unless the subscription agreement specifies otherwise.
