Common use of Acceptance of subscription or return of Subscription Price by the Company Clause in Contracts

Acceptance of subscription or return of Subscription Price by the Company. The Subscriber acknowledges that the Company will be accepting subscriptions for post-Forward Split Units on a first come, first serve, basis. As a consequence the Company, upon acceptance by its Board of all or part of this subscription Agreement (the "Acceptance"), hereby agrees to issue the accepted number of post-Forward Split Units, as fully paid and non-assessable, and as consideration for the Subscriber's subscription, and to promptly refund any excess subscription monies of the Subscription Price of any non-accepted portion of this subscription Agreement by the Board. In this regard the Subscriber acknowledges that, although post-Forward Split Units may be issued to other subscribers concurrently with the Company's Acceptance of all or part of this subscription Agreement, there may be other sales of post-Forward Split Units by the Company, some or all of which may close before or after the Acceptance herein. The Subscriber further acknowledges that there is a risk that insufficient funds may be raised by the Company upon the Company's Acceptance of all or part of this subscription Agreement to fund the Company's objectives and that further closings may not take place after Acceptance herein.

Appears in 1 contract

Samples: Private Placement Subscription Agreement (I-Level Media Group Inc)

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Acceptance of subscription or return of Subscription Price by the Company. The Subscriber acknowledges that the Company will be accepting subscriptions for post-Forward Split Units on a first come, first serve, basis. As a consequence the Company, upon acceptance by its Board of all or part of this subscription Agreement (the "Acceptance"), hereby agrees to issue the accepted number of post-Forward Split Units, as fully paid and non-assessable, and as consideration for the Subscriber's ’s subscription, and to promptly refund any excess subscription monies of the Subscription Price of any non-accepted portion of this subscription Agreement by the BoardAgreement. In this regard the Subscriber acknowledges that, although post-Forward Split Units may be issued to other subscribers concurrently with the Company's ’s Acceptance of all or part of this subscription Agreement, there may be other sales of post-Forward Split Units by the Company, some or all of which may close before or after the Acceptance herein. The Subscriber further acknowledges that there is a risk that insufficient funds may be raised by the Company upon the Company's ’s Acceptance of all or part of this subscription Agreement to fund the Company's ’s objectives and that further closings may not take place after Acceptance herein.. -- $0.40 Unit Private Placement Subscription Agreement – [Subscriber] -- -- The Pulse Beverage Corporation --

Appears in 1 contract

Samples: Subscription Agreement (Pulse Beverage Corp)

Acceptance of subscription or return of Subscription Price by the Company. The Subscriber acknowledges that the Company will be accepting subscriptions for postPost-Forward Split Units split Shares on a first come, first serve, basis. As a consequence the Company, upon acceptance by its Board of all or part of this subscription Agreement (the "Acceptance"), hereby agrees to issue the accepted number of postPost-Forward Split Unitssplit Shares, as fully paid and non-assessable, and as consideration for the Subscriber's ’s subscription, and to promptly refund any excess subscription monies of the Subscription Price of any non-accepted portion of this subscription Agreement by the BoardAgreement. In this regard the Subscriber acknowledges that, although postPost-Forward Split Units split Shares may be issued to other subscribers concurrently with the Company's ’s Acceptance of all or part of this subscription Agreement, there may be other sales of postPost-Forward Split Units split Shares by the Company, some or all of which may close before or after the Acceptance herein. The Subscriber further acknowledges that there is a risk that insufficient funds may be raised by the Company upon the Company's ’s Acceptance of all or part of this subscription Agreement to fund the Company's ’s objectives and that further closings may not take place after Acceptance herein.

Appears in 1 contract

Samples: Darlington Mines Ltd.

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Acceptance of subscription or return of Subscription Price by the Company. The Subscriber acknowledges that the Company will be accepting subscriptions for postPost-Forward Split Units split Shares on a first come, first serve, basis. As a consequence the Company, upon acceptance by its Board of all or part of this subscription Agreement (the "Acceptance"), hereby agrees to issue the accepted number of postPost-Forward Split Unitssplit Shares, as fully paid and non-assessable, and as consideration for the Subscriber's ’s subscription, and to promptly refund any excess subscription monies of the Subscription Price of any non-accepted portion of this subscription Agreement by the BoardAgreement. In this regard the Subscriber acknowledges that, although postPost-Forward Split Units split Shares may be issued to other subscribers concurrently with the Company's ’s Acceptance of all or part of this subscription Agreement, there may be other sales of postPost-Forward Split Units split Shares by the Company, some or all of which may close before or after the Acceptance herein. The Subscriber further acknowledges that there is a risk that insufficient funds may be raised by the Company upon the Company's ’s Acceptance of all or part of this subscription Agreement to fund the Company's ’s objectives and that further closings may not take place after Acceptance herein.. -- $1.00t Post-split Private Placement Subscription Agreement -- -- Darlington Mines Ltd. --

Appears in 1 contract

Samples: Pulse Beverage Corp

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