Common use of Acceptance or Rejection Clause in Contracts

Acceptance or Rejection. (a) The undersigned understands and agrees that the Company reserves the right to reject this subscription for the Shares if, in its reasonable judgment, it deems such action in the best interest of the Company, at any time prior to the Closing, notwithstanding prior receipt by the undersigned of notice of acceptance of the undersigned's subscription. (b) The undersigned understands and agrees that its subscription for the Shares is irrevocable. (c) In the event the sale of the Shares subscribed for by the undersigned is not consummated by the Company for any reason (in which event this Subscription Agreement shall be deemed to be rejected), this Subscription Agreement and any other agreement entered into between the undersigned and the Company relating to this subscription shall thereafter have no force or effect and the Company shall promptly return or cause to be returned to the undersigned the purchase price remitted to the Company by the undersigned, without interest thereon or deduction therefrom, in exchange for the Shares.

Appears in 61 contracts

Samples: Regulation S Subscription Agreement (Armada Nano Technologies Group, Inc.), Securities Subscription Agreement (Jialijia Group Corp LTD), Regulation S Subscription Agreement (Yi Xi Xin Inc)

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Acceptance or Rejection. (a) The undersigned understands and agrees that the Company reserves the right to reject this subscription for the Shares Units if, in its reasonable judgment, it deems such action in the best interest of the Company, at any time prior to the Closing, notwithstanding prior receipt by the undersigned of notice of acceptance of the undersigned's subscription. (b) The undersigned understands and agrees that its subscription for the Shares Units is irrevocable. (c) In the event the sale of the Shares Units subscribed for by the undersigned is not consummated by the Company for any reason (in which event this Subscription Agreement shall be deemed to be rejected), this Subscription Agreement and any other agreement entered into between the undersigned and the Company relating to this subscription shall thereafter have no force or effect and the Company shall promptly return or cause to be returned to the undersigned the purchase price remitted to the Company by the undersigned, without interest thereon or deduction therefrom, in exchange for the SharesUnits.

Appears in 15 contracts

Samples: Regulation S Subscription Agreement (Buckeye Oil & Gas, Inc.), Regulation S Subscription Agreement (Brisset Beer International, Inc.), Regulation S Subscription Agreement (Brisset Beer International, Inc.)

Acceptance or Rejection. (a) The undersigned understands and agrees that the Company reserves the right to reject this subscription for the Shares if, in its reasonable judgment, it deems such action in the best interest of the Company, at any time prior to the Closing, notwithstanding prior receipt by the undersigned of notice of acceptance of the undersigned's subscription. (b) The undersigned understands and agrees that its subscription for the Shares is irrevocable. (cb) In the event the sale of the Shares subscribed for by the undersigned is not consummated by the Company for any reason (in which event this Subscription Agreement shall be deemed to be rejected), this Subscription Agreement and any other agreement entered into between the undersigned and the Company relating to this subscription shall thereafter have no force or effect and the Company shall promptly return or cause to be returned to the undersigned the purchase price Purchase Price remitted to the Company by the undersigned, without interest thereon or deduction therefrom, in exchange for . If the SharesCompany has not consummated the sale of the Shares within two months of the delivery of this agreement executed by the Investor then this agreement shall be deemed to have been terminated by the Company.

Appears in 8 contracts

Samples: Subscription Agreement (CHINA SHOUGUAN MINING Corp), Subscription Agreement (CHINA SHOUGUAN MINING Corp), Subscription Agreement (CHINA SHOUGUAN MINING Corp)

Acceptance or Rejection. (a) The undersigned understands and agrees that the Company reserves the right to reject this subscription for the Shares if, in its reasonable judgment, it deems such action in the best interest of the Company, at any time prior to the Closing, notwithstanding prior receipt by the undersigned of notice of acceptance of the undersigned's ’s subscription. (b) The undersigned understands and agrees that its subscription for the Shares is irrevocable. (c) In the event the sale of the Shares subscribed for by the undersigned is not consummated by the Company for any reason (in which event this Subscription Agreement shall be deemed to be rejected), this Subscription Agreement and any other agreement entered into between the undersigned and the Company relating to this subscription shall thereafter have no force or effect and the Company shall promptly return or cause to be returned to the undersigned the purchase price remitted to the Company by the undersigned, without interest thereon or deduction therefrom, in exchange for the Shares.

Appears in 4 contracts

Samples: Settlement Agreement (Hwi Global Inc.), Regulation S Subscription Agreement (Black Sea Oil, Inc.), Regulation S Subscription Agreement (Black Sea Oil, Inc.)

Acceptance or Rejection. (a) The undersigned understands and agrees that the Company reserves the right to reject this subscription for the Shares if, in its reasonable judgment, it deems such action in the best interest of the Company, at any time prior to the Closing, notwithstanding prior receipt by the undersigned of notice of acceptance of the undersigned's subscription. (b) The undersigned understands and agrees that its subscription for the Shares is irrevocable. (c) In the event the sale of the Shares subscribed for by the undersigned is not consummated by the Company for any reason (in which event this Subscription Agreement shall be deemed to be rejected), this Subscription Agreement and any other agreement entered into between the undersigned and the Company relating to this subscription shall thereafter have no force or effect and the Company shall promptly return or cause to be returned to the undersigned the purchase price remitted to the Company by the undersigned, without interest thereon or deduction therefromthere from, in exchange for the Shares.

Appears in 4 contracts

Samples: Subscription Agreement (Hwi Global Inc.), Regulation S Subscription Agreement (Stella Blu, Inc), Regulation S Subscription Agreement (Darkstar Ventures, Inc.)

Acceptance or Rejection. (a) The undersigned understands and agrees that the Company reserves the right to reject this subscription for the Shares Units if, in its reasonable judgment, it deems such action in the best interest of the Company, at any time prior to the Closing, notwithstanding prior receipt by the undersigned of notice of acceptance of the undersigned's subscription. irrevocable. (b) The undersigned understands and agrees that its subscription for the Shares is irrevocable.Units is (c) In the event the sale of the Shares Units subscribed for by the undersigned is not consummated by the Company for any reason (in which event this Subscription Agreement shall be deemed to be rejected), this Subscription Agreement and any other agreement entered into between the undersigned and the Company relating to this subscription shall thereafter have no force or effect and the Company shall promptly return or cause to be returned to the undersigned the purchase price remitted to the Company by the undersigned, without interest thereon or deduction therefrom, in exchange for the SharesUnits.

Appears in 2 contracts

Samples: Subscription Agreement (Brisset Pol), Regulation S Subscription Agreement (Pilon Stephane)

Acceptance or Rejection. (a) The undersigned Buyer understands and agrees that the Company reserves the right to reject this subscription for the Shares if, in its reasonable judgment, it deems such action in the best interest of the Company, at any time prior to the Closing, notwithstanding prior receipt by the undersigned Buyer of notice of acceptance of the undersigned's Buyer’s subscription. (b) The undersigned Buyer understands and agrees that his or its subscription for the Shares is irrevocable. (c) In the event the sale of the Shares subscribed for by the undersigned Buyer is not consummated by the Company for any reason (in which event this Subscription Agreement shall be deemed to be rejected), this Subscription Agreement and any other agreement entered into between the undersigned Buyer and the Company relating to this subscription shall thereafter have no force or effect and the Company shall promptly return or cause to be returned to the undersigned Buyer the purchase price Subscription Amount remitted to the Company by the undersignedBuyer, without interest thereon or deduction therefrom, in exchange for the Shares.

Appears in 2 contracts

Samples: Regulation S Subscription Agreement (Tian'an Technology Group LTD), Regulation S Subscription Agreement (Tian'an Technology Group LTD)

Acceptance or Rejection. (a) The undersigned Subscriber understands and agrees that the Company reserves the right to reject this subscription for the Shares if, in its reasonable judgment, it deems such action in the best interest of the Company, at any time prior to the Closing, notwithstanding prior receipt by the undersigned Subscriber of notice of acceptance of the undersigned's Subscriber’s subscription. (b) The undersigned Subscriber understands and agrees that its subscription for the Shares it is irrevocable. (c) In the event the sale of the Shares Securities subscribed for by the undersigned Subscriber is not consummated by the Company for any reason (in which event this Subscription Agreement shall be deemed to be rejected), this Subscription Agreement and any other agreement entered into between the undersigned Subscriber and the Company relating to this subscription shall thereafter have no force or effect and the Company shall promptly return or cause to be returned to the undersigned Subscriber the purchase price remitted to the Company by the undersignedSubscriber, without interest thereon or deduction therefrom, in exchange for the SharesSecurities.

Appears in 2 contracts

Samples: Subscription Agreement (Clearview Acquisitions, Inc.), Subscription Agreement (Clearview Acquisitions, Inc.)

Acceptance or Rejection. (a) The undersigned understands and agrees that the Company reserves the right to reject this subscription for the Purchased Shares if, in its reasonable judgment, it deems such action in the best interest of the Company, at any time prior to the Closing, notwithstanding prior receipt by the undersigned of notice of acceptance of the undersigned's subscription. (b) The undersigned understands and agrees that its subscription for the Purchased Shares is irrevocable. (c) In the event the sale of the Purchased Shares subscribed for by the undersigned is not consummated by the Company for any reason (in which event this Subscription Agreement shall be deemed to be rejected), this Subscription Agreement and any other agreement entered into between the undersigned and the Company relating to this subscription shall thereafter have no force or effect and the Company shall promptly return or cause to be returned to the undersigned the purchase price remitted to the Company by the undersigned, without interest thereon or deduction therefrom, in exchange for the Purchased Shares.

Appears in 2 contracts

Samples: Subscription Agreement (Sentra Consulting Corp), Subscription Agreement (Terrapin Enterprises Inc)

Acceptance or Rejection. (a) The undersigned understands and agrees that the Company reserves the right to reject this subscription for the Shares in whole or part, if, in its reasonable judgment, it deems such action in the best interest of the Company, at any time prior to the ClosingClosing (as defined below), notwithstanding prior receipt by the undersigned of notice of acceptance of the undersigned's subscription. (b) The undersigned understands and agrees that its subscription for the Shares is subscriptions are irrevocable. (c) In the event of rejection of this subscription, or in the event the sale of the Shares subscribed for by the undersigned is not consummated by the Company for any reason (in which event this Subscription Agreement shall be deemed to be rejected), this Subscription Agreement and any other agreement entered into between the undersigned and the Company relating to this subscription shall thereafter have no force or effect and the Company shall promptly return or cause to be returned to the undersigned the purchase price remitted to the Company by the undersigned, without interest thereon or deduction therefrom, in exchange for the Shares.

Appears in 1 contract

Samples: Subscription Agreement (Emclaire Financial Corp)

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Acceptance or Rejection. (a) The undersigned understands and agrees that the Company reserves the right to reject this subscription for the Shares Units if, in its reasonable judgment, it deems such action in the best interest of the Company, at any time prior to the Closing, notwithstanding prior receipt by the undersigned of notice of acceptance of the undersigned's subscription. (b) The undersigned understands and agrees that its subscription for the Shares Units is irrevocable. (c) In the event the sale of the Shares Units subscribed for by the undersigned is not consummated by the Company for any reason reason, including if the escrow agent does not receive the minimum of $50,000 in escrow within 90 days from the date hereof (in which event this Subscription Agreement shall be deemed to be rejected), this Subscription Agreement and any other agreement entered into between the undersigned and the Company relating to this subscription shall thereafter have no force or effect and the Company escrow agent shall promptly return or cause to be returned to the undersigned the purchase price remitted to the Company by the undersigned, without interest thereon or deduction therefrom, in exchange for the SharesUnits.

Appears in 1 contract

Samples: Regulation S Subscription Agreement (Brisset Beer International, Inc.)

Acceptance or Rejection. (a) The undersigned understands and agrees that the Company reserves the right to reject this subscription for the Shares Units if, in its reasonable judgment, it deems such action in the best interest of the Company, at any time prior to the Closing, notwithstanding prior receipt by the undersigned of notice of acceptance of the undersigned's subscription. (b) The undersigned understands and agrees that its subscription for the Shares each Unit is irrevocable. (c) In the event the sale of the Shares Units subscribed for by the undersigned is not consummated by the Company for any reason (in which event this Subscription Agreement shall be deemed to be rejected), this Subscription Agreement and any other agreement entered into between the undersigned and the Company relating to this subscription shall thereafter have no force or effect and the Company shall promptly return or cause to be returned to the undersigned the purchase price remitted to the Company by the undersigned, without interest thereon or deduction therefrom, in exchange for the SharesUnits.

Appears in 1 contract

Samples: Regulation S Subscription Agreement (Suspect Detection Systems, Inc.)

Acceptance or Rejection. (a) The undersigned understands and agrees that the Company reserves and the Placement Agents reserve the right to reject this subscription for the Shares Notes and Warrants in whole or in part in any order, if, in its their reasonable judgment, it deems they deem such action in the best interest of the Company, at any time prior to the Closing, notwithstanding prior receipt by the undersigned of notice of acceptance of the undersigned's ’s subscription. (b) The undersigned understands and agrees that its subscription for . In the Shares is irrevocable. (c) In event of rejection of this subscription, or in the event the sale of the Shares subscribed for by the undersigned Notes and Warrants is not consummated by the Company for any reason (in which event this Subscription Agreement shall be deemed to be rejected), this Subscription Agreement and any other agreement entered into between the undersigned and the Company relating to this subscription shall thereafter have no force or effect and the Company shall promptly return or cause to be returned to the undersigned the purchase price Purchase Price remitted to the Company by the undersigned, without interest thereon or deduction therefrom, undersigned in exchange for the SharesNotes and Warrants.

Appears in 1 contract

Samples: Subscription Agreement (New Frontiers Capital, LLC)

Acceptance or Rejection. (a) The undersigned understands and agrees that the Company reserves the right to reject this subscription for the Shares Notes in whole or part, if, in its reasonable judgment, it deems such action in the best interest of the Company, at any time prior to the ClosingClosing (as defined below), notwithstanding prior receipt by the undersigned of notice of acceptance of the undersigned's ’s subscription. (b) The undersigned understands and agrees that its subscription for the Shares is subscriptions are irrevocable. (c) In the event of rejection of this subscription, or in the event the sale of the Shares Notes subscribed for by the undersigned is not consummated by the Company for any reason (in which event this Subscription Agreement shall be deemed to be rejected), this Subscription Agreement and any other agreement entered into between the undersigned and the Company relating to this subscription shall thereafter have no force or effect and the Company shall promptly return or cause to be returned to the undersigned the purchase price remitted to the Company by the undersigned, without interest thereon or deduction therefrom, in exchange for the Shares.

Appears in 1 contract

Samples: Subscription Agreement (Quaint Oak Bancorp Inc)

Acceptance or Rejection. (a) The obligation of the undersigned to purchase the Units shall be irrevocable, and the undersigned shall be legally bound to purchase the Units subject to the terms set forth in this Agreement. The undersigned understands and agrees that the Company reserves the right to reject this subscription for the Shares Units in whole or part in any order at any time prior to the Closing if, in its their reasonable judgment, it deems they deem such action to be in the best interest of the Company, at any time prior to notwithstanding the Closing, notwithstanding undersigned’s prior receipt by the undersigned of notice of acceptance of the undersigned's ’s subscription. (b) The undersigned understands and agrees that its subscription for the Shares is irrevocable. (c) . In the event of rejection of this subscription by the Company in accordance with this Section 2, or the sale of the Shares subscribed for by the undersigned Units is not consummated by the Company for any reason (in which event this Subscription Agreement shall be deemed to be rejected)reason, this Subscription Agreement and any other agreement entered into between the undersigned and the Company relating to this subscription shall thereafter have no force or effect effect, and the Company shall promptly return or cause to be returned to the undersigned the purchase price remitted to the Company by the undersignedEscrow Agent, without interest thereon or deduction therefrom, in exchange for the Shares.

Appears in 1 contract

Samples: Subscription Agreement (Windy Creek Developments, Inc.)

Acceptance or Rejection. (a) The undersigned understands and agrees that the Company reserves the right to reject this subscription for the Shares in whole or part, if, in its reasonable judgment, it deems such action in the best interest of the Company, at any time prior to the ClosingClosing (as defined below), notwithstanding prior receipt by the undersigned of notice of acceptance of the undersigned's ’s subscription. (b) The undersigned understands and agrees that its subscription for the Shares is subscriptions are irrevocable. (c) In the event of rejection of this subscription, or in the event the sale of the Shares subscribed for by the undersigned is not consummated by the Company for any reason (in which event this Subscription Agreement shall be deemed to be rejected), this Subscription Agreement and any other agreement entered into between the undersigned and the Company relating to this subscription shall thereafter have no force or effect and the Company shall promptly return or cause to be returned to the undersigned the purchase price remitted to the Company by the undersigned, without interest thereon or deduction therefrom, in exchange for the Shares.

Appears in 1 contract

Samples: Subscription Agreement (Emclaire Financial Corp)

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