Common use of Acceptance and Purchase Clause in Contracts

Acceptance and Purchase. The offer of Securities to Selected Dealers will be made on the basis of a reservation of Securities and an allotment against subscriptions. Any application for additional Securities will be subject to rejection in whole or in part. Subscription books may be closed by the Manager at any time in its discretion without notice and the right is reserved to reject any subscription in whole or in part. We agree to purchase as principal the amount of Securities allotted to us by the Manager.

Appears in 23 contracts

Samples: Master Selected Dealers Agreement (Tekla World Healthcare Fund), Master Selected Dealers Agreement (Tekla Healthcare Opportunities Fund), Master Selected Dealers Agreement (Center Coast MLP & Infrastructure Fund)

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Acceptance and Purchase. The offer of Securities to Selected Dealers will be made on the basis of a reservation of Securities and an allotment against subscriptions. Any application for additional Securities will be subject to rejection in whole or in part. Subscription books may be closed by the Manager Representatives at any time in its the Representatives' discretion without notice and the right is reserved to reject any subscription in whole or in part. We agree to purchase as principal the amount of Securities allotted to us by the ManagerRepresentatives.

Appears in 10 contracts

Samples: Master Selected Dealers Agreement (Crossfire Capital Corp.), Dividend Capital Realty Income Allocation Fund, Master Selected Dealers Agreement (Softworks Inc)

Acceptance and Purchase. The offer of Securities to Selected Dealers will be made on the basis of a reservation of Securities and an allotment against subscriptions. Any application for additional Securities will be subject to rejection in whole or in part. Subscription books may be closed by the Manager Representatives at any time in its the Representatives' absolute discretion without notice and the right is reserved to reject any subscription in whole or in part. We agree to purchase as principal the amount of Securities allotted to us by the ManagerRepresentatives.

Appears in 1 contract

Samples: Master Selected Dealers Agreement (American Aircarriers Support Inc)

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Acceptance and Purchase. The offer of Securities to Selected Dealers will be made on the basis of a reservation of Securities and an allotment against subscriptions. Any application for additional Securities will be subject to rejection in whole or in part. Subscription books may be closed by the Manager Representatives at any time in its the Representatives’ discretion without notice and the right is reserved to reject any subscription in whole or in part. We agree to purchase as principal the amount of Securities allotted to us by the ManagerRepresentatives.

Appears in 1 contract

Samples: Master Selected Dealers Agreement (China Healthcare Acquisition Corp.)

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