Cancellation of Offering. If the Company has not accepted Subscription Payments for a sufficient number of Investor Units on or before April 30, 2003, the Offering shall be canceled and all Subscription Payments received shall be promptly refunded to the subscribers; provided, however, that such date may be extended until April 30, 2004 in the sole and absolute discretion of the Manager.
Cancellation of Offering. If the Company has not accepted Subscription Payments for the Minimum Offering Amount on or before November 13, 2021, the Offering shall be cancelled and all Subscription Payments received shall be promptly refunded to the subscribers.
Cancellation of Offering. 2 3.1.7 Interest from Depository Account ........................ 3 3.1.8 Manager as Member ....................................... 3 3.1.9 Admission of a Member ................................... 3 3.1.10
Cancellation of Offering. The Holder acknowledges that the Company has the right in its sole and absolute discretion to abandon the Offering at any time prior to the Subscription Close Date. This Agreement shall thereafter have no force or effect and the Company shall return any previously paid Original Purchase Price of aPledge Digital Security Tokens (reduced by the amount of bank fee charged by the bank or payment processor for processing the refund) purchased by the Holder under this agreement, without interest thereon, to the Holder. No Transaction Charges will be refunded.
Cancellation of Offering. 2 ------------------------ 3.1.7 Interest from Depository Account...................................................................3 -------------------------------- 3.1.8 Manager as Member..................................................................................3 ----------------- 3.1.9 Admission of a Member..............................................................................3 --------------------- 3.1.10 Liabilities of Members.............................................................................3 ---------------------- 3.2 Xxxxxxxxxx Loan.......................................................................................3 --------------- 3.3 Company Loans.........................................................................................3 ------------- 3.4 Lender Covenants......................................................................................3 ---------------- 3.5 Third Party Beneficiaries.............................................................................5 ------------------------- 4. Allocation of Tax Items.................................................................................5 ----------------------- 4.1 Generally.............................................................................................5 --------- 4.1.1 Net Income.........................................................................................5 ---------- 4.1.2 Net Loss...........................................................................................5 -------- 4.2 Gross Income..........................................................................................6 --------------- 4.3 Special Allocations...................................................................................6 ------------------- 4.4 Curative Allocations..................................................................................7 -------------------- 4.5 Contributed Property..................................................................................7 -------------------- 4.6 Recapture Income......................................................................................7 ---------------- 4.7 Allocation Among Investor Units.......................................................................7 ------------------------------- 4.8 Allocation of Company Items...........................................................................7 --------------------------- 4.9 Assignment....................................
Cancellation of Offering. The Company further confirms that because the conditions for the closing of the initial Offering have been completed, the Offering has not been cancelled but has closed.
Cancellation of Offering. The Manager reserves the right to cancel the Offering at any time prior to the Final Closing Date. If the Offering is canceled, all amounts deposited with Manager will be returned without interest and without reduction, and all Capital Commitments with respect to the Class A Units offered in the Offering will be cancelled.
Cancellation of Offering. The Investor acknowledges that the Co-issuer has the right in its sole and absolute discretion to abandon the Offering at any time prior to the Subscription Close Date. This Agreement shall thereafter have no force or effect and the Co-issuer shall return any previously paid Subscription Price of the Digital Security Tokens (reduced by the amount of bank fee charged by the bank or payment processor for processing the refund) purchased by the Investor under this agreement, without interest thereon, to the Investor. No Transaction Charges will be refunded.
