Abandonment of Offering. 11. If the Impound Agent receives a letter from the Company stating that the offering has been abandoned, the Impound Agent will return to each subscriber the amount the Impound Agent received on behalf of that subscriber together with interest as set out in paragraph 9. Termination of Agreement ------------------------
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Samples: Impound of Funds Agreement (Cove Apparel Inc), Funds Agreement (Digiblue Media Inc)
Abandonment of Offering. 1112. If the Impound Agent receives a letter from the Company stating that the offering has been abandoned, the Impound Agent will return to each subscriber the amount the Impound Agent received on behalf of that subscriber together with interest as set out in paragraph 9. Termination of Agreement ------------------------.
Appears in 2 contracts
Samples: Sample Impound of Funds Agreement, Sample Impound of Funds Agreement
Abandonment of Offering. 11. If the Impound Agent receives a letter from the Company stating that the offering has been abandoned, the Impound Agent will return to each subscriber the amount the Impound Agent received on behalf of that subscriber together with interest as set out in paragraph 9. Termination of Agreement ------------------------This Agreement will terminate once the Impound Agent has released all funds from the Impound Account in accordance with this Agreement.
Appears in 1 contract
Samples: Sample Impound of Funds Agreement
Abandonment of Offering. 11. If the Impound Agent receives a letter from the Company stating that the offering has been abandoned, the Impound Agent will return to each subscriber the amount the Impound Agent received on behalf of that subscriber together with interest as set out in paragraph 9. Termination of Agreement ------------------------.
Appears in 1 contract
