Common use of Cancellation of Subscriptions Clause in Contracts

Cancellation of Subscriptions. (a) The Company may cancel any Investor’s offer to purchase Securities (the “Subscription”), in whole or in part. If all or any portion of the Total Purchase Price for such rejected or canceled Subscription has been delivered to the Escrow Agent, then the Managing Broker-Dealer will inform Xxxxxx Agent in writing of the rejection or cancellation, and will either refund through the Connect Account or instruct Escrow Agent to refund some or all of the Escrow Funds from the Escrow Account.

Appears in 3 contracts

Samples: Tri Party Escrow Agreement (Autonomix Medical, Inc.), Tri Party Escrow Agreement (Monogram Orthopaedics Inc), Tri Party Escrow Agreement (ReAlpha Asset Management Inc)

AutoNDA by SimpleDocs

Cancellation of Subscriptions. (a) The Company may reject or cancel any Investor’s offer to purchase Securities Units (the “Subscription”), in whole or in part. If all or any portion of the Total Purchase Price for such rejected or canceled Subscription has been delivered to the Escrow Agent, then the Managing Broker-Dealer Company will inform Xxxxxx Agent in writing of the rejection or cancellation, and will either refund through the Connect Account or instruct Escrow Agent in writing to refund some or all of the Escrow Funds from Funds. Such instruction must be signed by an Authorized Representative of the Escrow AccountCompany.

Appears in 1 contract

Samples: Tri Party Escrow Agreement (Bran Urban Growth Fund LLC)

Cancellation of Subscriptions. (a) The Company may cancel any Investor’s offer to purchase Securities (the “Subscription”), in whole or in part. If all or any portion of the Total Purchase Price for such rejected or canceled Subscription has been delivered to the Escrow Agent, then the Managing Broker-Dealer will inform Xxxxxx Agent in writing of the rejection or cancellation, and Company will either refund through the Connect Account or instruct Escrow Agent to refund some or all of the Escrow Funds from the Escrow Account.

Appears in 1 contract

Samples: Escrow Agreement (Cub Crafters, Inc.)

Cancellation of Subscriptions. (a) The Company may reject or cancel any Investor’s offer to purchase Securities Shares (the “Subscription”), in whole or in part. If all or any portion of the Total Purchase Price for such rejected or canceled Subscription has been delivered to the Escrow Agent, then the Managing Broker-Dealer Company will inform Xxxxxx Agent in writing of the rejection or cancellation, cancellation and will either refund through the Connect Account or instruct Escrow Agent in writing to refund some or all of the Escrow Funds from Funds. Such instructions must be signed by an Authorized Representative of the Escrow AccountCompany.

Appears in 1 contract

Samples: Escrow Agreement (Mivium, Inc.)

Cancellation of Subscriptions. (a) The Company may reject or cancel any Investor’s offer to purchase Securities shares (the “Subscription”), in whole or in part. If all or any portion of the Total Purchase Price for such rejected or canceled Subscription has been delivered to the Escrow Agent, then the Managing Broker-Dealer Company will inform Xxxxxx Exxxxx Agent in writing of the rejection or cancellation, and will either refund through the Connect Account or instruct Escrow Agent in writing to refund some or all of the Escrow Funds from Funds. Such instruction must be signed by an Authorized Representative of the Escrow AccountCompany.

Appears in 1 contract

Samples: Tri Party Escrow Agreement (Benchmark Real Estate Investment Fund, LLC)

AutoNDA by SimpleDocs

Cancellation of Subscriptions. (a) The Company may cancel any Investor’s offer to purchase Securities (the “Subscription”), in whole or in part. If all or any portion of the Total Purchase Price for such rejected or canceled Subscription has been delivered to the Escrow Agent, then the Managing Broker-Dealer will inform Xxxxxx Agent in writing of the rejection or cancellation, cancellation and will either refund through the Connect Account or instruct Escrow Agent to refund some or all of the Escrow Funds from the Escrow Account.

Appears in 1 contract

Samples: Subscription Escrow Agreement (Real Street Build-to-Rent Fund I, LLC)

Cancellation of Subscriptions. (a) The Company may cancel any Investor’s offer to purchase Securities (the “Subscription”), in whole or in part. If all or any portion of the Total Purchase Price for such rejected or canceled Subscription has been delivered to the Escrow Agent, then the Managing Broker-Dealer will inform Xxxxxx Exxxxx Agent in writing of the rejection or cancellation, and will either refund through the Connect Account or instruct Escrow Agent to refund some or all of the Escrow Funds from the Escrow Account.

Appears in 1 contract

Samples: Tri Party Escrow Agreement (Enviro.Farm Systems Inc)

Cancellation of Subscriptions. (a) The Company may reject or cancel any Investor’s offer to purchase Securities Units (the “Subscription”), in whole or in part. If all or any portion of the Total Purchase Price for such rejected or canceled Subscription has been delivered to the Escrow Agent, then the Managing Broker-Dealer Company will inform Xxxxxx Escrow Agent in writing of the rejection or cancellation, and will either refund through the Connect Account or instruct Escrow Agent in writing to refund some or all of the Escrow Funds from Funds. Such instruction must be signed by an Authorized Representative of the Escrow AccountCompany.

Appears in 1 contract

Samples: Escrow Agreement (RAD Diversified REIT, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.