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 (the “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 the Company.

Appears in 10 contracts

Samples: Subscription Agreement (GLOBAL ACQUISITIONS Corp), Subscription Agreement (Golden Matrix Group, Inc.), Subscription Agreement (Golden Matrix Group, 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, and that for any reason whatsoever. The Company may reduce the same shall be deemed to be accepted by number of Shares for which the Company only when it is signed by undersigned has subscribed, indicating acceptance of less than all of the CompanyShares subscribed on its written form of acceptance.

Appears in 7 contracts

Samples: Units Subscription Agreement (Smith River Bankshares Inc), Shares Subscription Agreement (Smith River Bankshares Inc), Shares Subscription Agreement (Smith River Bankshares Inc)

Acceptance of Subscription. It is understood and agreed that the Company shall have the right to accept or reject this subscription (the “Subscription”)subscription, in whole or in part, and that the same shall be deemed to be so accepted by the Company only when it is signed by the Company. Once accepted, this subscription shall be irrevocable by the Company.

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 its sole discretion, to accept or reject this subscription (the “Subscription”)subscription, in whole or in part. Subscriptions need not be accepted in the order received, and that Shares may be allocated in the same shall be deemed to be accepted by the Company only when it is signed by the Companyevent of oversubscription.

Appears in 3 contracts

Samples: Subscription Agreement (Excelsior Private Equity Fund Ii Inc), Subscription Agreement (Excelsior Private Equity Fund Ii Inc), Selling Agent Agreement (Excelsior Private Equity Fund Ii 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 (the “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 the Company. The Subscriber understands and agrees that subscriptions need not be accepted in the order 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 (the “Subscription”)Subscription Agreement, in whole or in part, and that the same this Subscription Agreement shall be deemed to be accepted by the Company only when it the acceptance attached hereto is signed by the Company.

Appears in 2 contracts

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

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, and that for any reason whatsoever. The Company will notify the same shall be deemed to be accepted by undersigned promptly following the closing of the offering whether this subscription has been accepted. The Company only when it is signed by may reduce the Companynumber 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 1 contract

Samples: Subscription Agreement (CNB Bancorp Inc/Va)

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 (the “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 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 expenses.

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 (the “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 expenses.

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 (the “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 expenses.

Appears in 1 contract

Samples: Subscription Agreement (Armstrong Energy, Inc.)

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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”)subscription, in whole or in part, and that the same subscription shall be deemed to be accepted by the Company when and only when it is signed by a duly authorized officer of the Company.

Appears in 1 contract

Samples: Subscription and Customer Agreement (Alamo Energy Corp.)

Acceptance of Subscription. It is understood and agreed that the The Company shall have the right right, exercisable in its sole and absolute discretion (i) to accept or reject this the subscription in whole or in part for any reason, (ii) to allot to any prospective investor less than the “Subscription”)number of Units such investor has offered to purchase and (iii) to accept subscriptions in any order. If the subscription is accepted, in whole or in part, and that the same shall be deemed to be accepted by the Company only when it is signed by will return an executed counterpart of this Agreement to the CompanySubscriber.

Appears in 1 contract

Samples: Subscription Agreement

Acceptance of Subscription. It is understood and agreed that the Company shall have the right to accept or reject this subscription (the “Subscription”)subscription, in whole or in part, and for any reason deemed appropriate in its sole discretion, and that the same shall be deemed to be accepted by the Company only when it the form of acceptance appearing herein is signed executed by the Company.

Appears in 1 contract

Samples: Subscription Agreement (Security Devices International Inc.)

Acceptance of Subscription. It is understood and agreed that the Company shall have the right to accept or reject this subscription (the “Subscription”)subscription, in whole or in part, and that the same shall be deemed to be accepted by the Company only when it a counterpart of this Subscription Agreement is signed by a duly authorized representative of the Company.

Appears in 1 contract

Samples: Subscription Agreement (Manufacturers Marketing Group Inc)

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

Appears in 1 contract

Samples: Subscription Agreement (CNB Holdings Inc)

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