Common use of No Closing Clause in Contracts

No Closing. If the Company terminates the Offering or is otherwise unable to effect the Closing in which Investor is participating pursuant to this Agreement, (i) Investor’s subscription will be cancelled automatically and (ii) such subscription shall be refunded to Investor without deduction for any fee, commission or expense, and without accrued interest with respect to any money received.

Appears in 8 contracts

Samples: Flash Convertible Security Subscription Agreement, Flash Convertible Security Subscription Agreement, Flashseed Preferred Stock Subscription Agreement

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No Closing. If the Company terminates the Offering or is otherwise unable to effect the Closing in which Investor is participating pursuant to this the Purchase Agreement, (i) InvestorPurchaser’s subscription will be cancelled automatically and (ii) such subscription shall be refunded to Investor Purchaser without deduction for any fee, commission or expense, and without accrued interest with respect to any money received.

Appears in 1 contract

Samples: Subscription Agreement

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