Common use of Subscriptions Clause in Contracts

Subscriptions. Subscriber’s subscription may be accepted or rejected by the Company at its sole discretion. The Company will issue the Shares to the Subscriber following the Company’s acceptance of the Subscriber’s subscription. If Subscriber’s subscription is rejected, no payment will be made by Subscriber to the Company and all of Subscriber’s obligations hereunder related to the rejected subscription shall terminate.

Appears in 11 contracts

Samples: Subscription Agreement (Iroquois Valley Farmland REIT, PBC), Subscription Agreement, Subscription Agreement

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Subscriptions. Subscriber’s 's subscription may be accepted or rejected by the Company at its sole discretion. The Company will issue the Shares to the Subscriber following the Company’s 's acceptance of the Subscriber’s 's subscription. If Subscriber’s 's subscription is rejected, no payment will be made by Subscriber to the Company and all of Subscriber’s 's obligations hereunder related to the rejected subscription shall terminate.

Appears in 3 contracts

Samples: Subscription Agreement (Iroquois Valley Farmland REIT, PBC), Subscription Agreement (Iroquois Valley Farmland REIT, PBC), Subscription Agreement (Iroquois Valley Farmland REIT, PBC)

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