Common use of TERMINATION OF THE OFFERING Clause in Contracts

TERMINATION OF THE OFFERING. No later than five (5) business days after the receipt by Escrow Agent of written notice from Issuer of a determination to terminate the offering and that there will be no closing or further closing of the sale of Membership Interests to Subscribers, Escrow Agent shall pay to each Subscriber, by bank draft and by first class mail, that portion of the Escrow Funds equal to the amount of the Subscription Funds paid by such Subscriber and deposited into the Escrow Account, plus interest and other income earned thereon.

TERMINATION OF THE OFFERING. No later than five ten (510) business days after the receipt by Escrow Agent of written notice from Issuer of a determination to terminate the offering and that there will be no closing or further closing of the sale of Membership Interests Shares to Subscribers, Escrow Agent shall pay to each Subscriberthe Subscribers, by bank draft check and by first class mail, that portion of the Escrow Funds equal to the amount of the Subscription Funds paid by such Subscriber and deposited into the Escrow AccountSubscribers, plus interest and other income earned thereonwithout any interest.

TERMINATION OF THE OFFERING. No later than five ten (510) business days after the receipt by Escrow Agent of written notice from Issuer of a determination to terminate the offering and that there will be no closing or further closing of the sale of Membership Interests Shares to Subscribers, Escrow Agent shall pay to each Subscriberthe Subscribers, by certified or bank draft check and by first class mail, that portion of the Escrow Funds equal to the amount of the Subscription Funds paid by such Subscriber and deposited into the Escrow AccountSubscribers, plus without interest and other income earned thereonor deduction.

TERMINATION OF THE OFFERING. No later than five three (53) business days after the receipt by Escrow Agent of written notice from Issuer of a determination to terminate the offering and that there will be no closing or further closing of the sale of Membership Interests Shares to Subscribers, Escrow Agent shall pay to each Subscriberthe Subscribers, by certified or bank draft check and by first class mail, that portion of the Escrow Funds equal to the amount of the Subscription Funds paid by such Subscriber and deposited into the Escrow AccountSubscribers, plus without interest and other income earned thereonor deduction.