Common use of Acceptance of Subscription Clause in Contracts

Acceptance of Subscription. It is understood and agreed that the Company shall have the right to accept or reject this subscription in whole or in part, for any reason whatsoever. The Company may reduce the number of Shares for which the undersigned has subscribed, indicating acceptance of less than all of the Shares subscribed on its written form of acceptance.

Appears in 7 contracts

Samples: Mainstreet Bankshares Inc, Smith River Bankshares Inc, Smith River Bankshares Inc

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Acceptance of Subscription. It is understood and agreed that the Company shall have the right to accept or reject this subscription (the “Subscription”), in whole or in part, for any reason whatsoever. The and that the same shall be deemed to be accepted by the Company may reduce only when it is signed by the number of Shares for which the undersigned has subscribed, indicating acceptance of less than all of the Shares subscribed on its written form of acceptanceCompany.

Appears in 7 contracts

Samples: Common Stock Subscription Agreement, Preferred Stock Subscription Agreement (Petrolia Energy Corp), Common Stock Subscription Agreement (Panther Biotechnology, Inc.)

Acceptance of Subscription. It is understood and agreed that the Company shall have the right to accept or reject this subscription subscription, in whole or in part, for any reason whatsoeverand that the same shall be deemed to be so accepted only when it is signed by the Company. The Company may reduce Once accepted, this subscription shall be irrevocable by the number of Shares for which the undersigned has subscribed, indicating acceptance of less than all of the Shares subscribed on its written form of acceptanceCompany.

Appears in 4 contracts

Samples: Subscription Agreement (Rubicon Technologies, Inc.), Subscription Agreement (Rubicon Technologies, Inc.), Subscription Agreement (Contango ORE, Inc.)

Acceptance of Subscription. It is understood and agreed that the Company shall have the right right, in accordance with the terms of the Offering Memorandum, to accept or reject this subscription Subscription in whole or in part, for any reason whatsoeverand that the same shall be deemed to be accepted by the Company only when it is signed by the Company. The Company may reduce Subscriber understands and agrees that subscriptions need not be accepted in the number of Shares for which the undersigned has subscribed, indicating acceptance of less than all of the Shares subscribed on its written form of acceptanceorder received.

Appears in 2 contracts

Samples: Subscription Agreement (Networking Partners Inc), Subscription Agreement (Ciralight Global, Inc.)

Acceptance of Subscription. It is understood and agreed that the The Company shall have the right to accept or reject this subscription Subscription Agreement, in whole or in part, for any reason whatsoever. The Company may reduce and this Subscription Agreement shall be deemed to be accepted only when the number of Shares for which acceptance attached hereto is signed by the undersigned has subscribed, indicating acceptance of less than all of the Shares subscribed on its written form of acceptanceCompany.

Appears in 2 contracts

Samples: Subscription Agreement (Compositech LTD), Subscription Agreement (Compositech LTD)

Acceptance of Subscription. It is understood and agreed that the Company shall have the right right, in its sole discretion, to accept or reject this subscription subscription, in whole or in part. Subscriptions need not be accepted in the order received, for any reason whatsoever. The Company and Shares may reduce be allocated in the number event of Shares for which the undersigned has subscribed, indicating acceptance of less than all of the Shares subscribed on its written form of acceptanceoversubscription.

Appears in 2 contracts

Samples: Subscription Agreement (Excelsior Private Equity Fund Ii Inc), Excelsior Private Equity Fund Ii Inc

Acceptance of Subscription. It is understood and agreed that the Company shall have the right to accept or reject this subscription (the “Subscription”), in whole or in part, for any reason whatsoeverand that the same shall be deemed to be accepted by the Company only when it is signed by the Company. The Company may reduce the number of Shares for which the undersigned has subscribedSubscription Agreement Golden Matrix Group, indicating acceptance of less than all of the Shares subscribed on its written form of acceptance.Inc.

Appears in 2 contracts

Samples: Subscription Agreement (Golden Matrix Group, Inc.), Subscription Agreement (Golden Matrix Group, Inc.)

Acceptance of Subscription. It is understood and agreed that the Company shall have the right right, in its sole discretion, to accept or reject this subscription subscription, in whole or in part, and that same shall be deemed to be accepted by the Company only when it is signed by the Company. This subscription may not be terminated or revoked by the Purchaser other than in connection with and pursuant to applicable law. In the event this subscription is rejected by the Company, the consideration for this subscription will be returned promptly to the Purchaser without interest and without deduction for any reason whatsoever. The Company may reduce the number of Shares for which the undersigned has subscribed, indicating acceptance of less than all of the Shares subscribed on its written form of acceptanceexpenses.

Appears in 1 contract

Samples: Subscription Agreement (Theglobe Com Inc)

Acceptance of Subscription. It is understood and agreed that the Company shall have the right to accept or reject this subscription subscription, in whole or in part, and that the same shall be deemed to be accepted by the Company only when it is signed by an authorized officer of the Company, at which time this Agreement shall become effective and binding. In the event this Agreement is rejected by the Company, the purchase price for the Subscribed Shares will be returned promptly to Subscriber without interest or deduction for any reason whatsoever. The Company may reduce the number of Shares for which the undersigned has subscribed, indicating acceptance of less than all of the Shares subscribed on its written form of acceptanceexpenses.

Appears in 1 contract

Samples: Subscription Agreement (Armstrong Energy, Inc.)

Acceptance of Subscription. It is understood I understand and agreed agree that the Company shall have reserves the right right, in its sole discretion and for any reason, to accept or reject this subscription the subscription, in whole or in part, for any reason whatsoever. The Company may reduce and that the number of Shares for which the undersigned has subscribed, indicating acceptance of less than all subscription shall be deemed accepted when and only when it is signed by a duly authorized officer of the Shares subscribed on its written form of acceptanceCompany.

Appears in 1 contract

Samples: Customer Agreement (Alamo Energy Corp.)

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Acceptance of Subscription. It is understood and agreed that the Company shall have the right to accept or reject this subscription in whole or in part, for any reason whatsoever. The Company may reduce the number of Shares shares for which the undersigned has subscribed, indicating acceptance of less than all of the Shares shares subscribed on its written form of acceptance.

Appears in 1 contract

Samples: Subscription Agreement (CNB Holdings Inc)

Acceptance of Subscription. It is understood and agreed that the Company shall have the right to accept or reject this subscription in whole or in part, for any reason whatsoever. The Company will notify the undersigned promptly following the closing of the offering whether this subscription has been accepted. The Company may reduce the number of Shares shares for which the undersigned has subscribed, indicating acceptance of less than all of the Shares shares subscribed on its written form of acceptance.

Appears in 1 contract

Samples: CNB Bancorp Inc/Va

Acceptance of Subscription. It is understood and agreed that the Company shall have has the right to accept or reject this subscription in whole or in part, for any reason whatsoever. The Company may reduce the number of Shares shares for which the undersigned has subscribed, indicating acceptance of less than all of the Shares shares subscribed on its written form of acceptance.

Appears in 1 contract

Samples: Subscription Agreement (Nbog Bancorporation Inc)

Acceptance of Subscription. It is understood and agreed that the Company shall have the right to accept or reject this subscription subscription, in whole or in part, for any reason whatsoever. The and that the same shall be deemed to be accepted by the Company may reduce the number only when a counterpart of Shares for which the undersigned has subscribed, indicating acceptance of less than all this Subscription Agreement is signed by a duly authorized representative of the Shares subscribed on its written form of acceptanceCompany.

Appears in 1 contract

Samples: Common Stock Subscription Agreement (Manufacturers Marketing Group Inc)

Acceptance of Subscription. It is understood and agreed that the Company shall have the right to accept or reject this subscription subscription, in whole or in part, and that the same shall be deemed to be accepted by the Company only when it is signed by a duly authorized officer of the Company. Once accepted by the Company, this subscription shall be irrevocable. In the event this subscription is rejected by the Company, the proceeds of this subscription will be returned promptly to the undersigned without interest or deduction for any reason whatsoever. The Company may reduce the number of Shares for which the undersigned has subscribed, indicating acceptance of less than all of the Shares subscribed on its written form of acceptanceexpenses.

Appears in 1 contract

Samples: Subscription Agreement (Empire Energy Corp)

Acceptance of Subscription. It is understood and agreed that the Company shall have the right to accept or reject this subscription subscription, in whole or in part, and for any reason whatsoever. The deemed appropriate in its sole discretion, and that the same shall be deemed to be accepted by the Company may reduce only when the number of Shares for which the undersigned has subscribed, indicating acceptance of less than all of the Shares subscribed on its written form of acceptanceacceptance appearing herein is executed by the Company.

Appears in 1 contract

Samples: Subscription Agreement (Security Devices International Inc.)

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