Common use of Acceptance or Rejection of Subscriptions Clause in Contracts

Acceptance or Rejection of Subscriptions. The Issuer has the right to accept or reject any subscription. Only upon the acceptance of a subscription by the Issuer is a sale made. Upon the acceptance of a subscription, the Issuer shall execute the acceptance on the Subscription Agreement, and shall forward a duplicate of the accepted Subscription Agreement to the subscriber with a copy to the Agent.

Appears in 6 contracts

Samples: Placement Agent Agreement (Virtgame Com Corp), Private Placement Agreement (Virtgame Com Corp), Underwriting Agreement (Buyenergy Corp)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!