Common use of Acceptance of Subscriptions Clause in Contracts

Acceptance of Subscriptions. The Buyer understands and agrees that the Company, in its sole and absolute discretion, reserves the right to accept or reject this or any other subscription for the Shares, in whole or in part, notwithstanding prior receipt by the Buyer of notice of acceptance of this subscription. If the subscription is rejected in whole or the offering of the Shares is terminated, all funds received by the Company from the Buyer will be immediately returned without interest or offset, and this subscription shall thereafter be of no further force or effect.

Acceptance of Subscriptions. The Buyer understands Purchasers understand and agrees agree that the Company, in its sole and absolute discretion, reserves the right to accept or reject this or any other subscription subscriptions for the Shares, in whole or in part, notwithstanding prior receipt by the Buyer Purchaser of notice of acceptance of this the subscription. If the subscription is rejected in whole or the offering of the Shares is terminated, all funds received by The Company shall have no obligation hereunder until the Company from shall execute and deliver to the Buyer will be immediately returned without interest or offset, and Purchaser an executed copy of this subscription shall thereafter be of no further force or effectAgreement.