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. (b) All Subscriptions are irrevocable, and except as otherwise provided in the Investor’s Subscription Agreement (the “Subscription Agreement”), no such Investor will have any right to cancel or rescind its Subscription, except as required under the law of any jurisdiction in which the Offering is made. In the event of conflicting claims to any Escrow Funds, Escrow Agent may elect to interplead the monies in accordance with Section 3.6 of this Agreement.

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. (b) All Subscriptions are irrevocable, and except as otherwise provided in the Investor’s Subscription Agreement (the “Subscription Agreement”), no such Investor will have any right to cancel or rescind its Subscription, except as required under the law of any jurisdiction in which the Offering is made. In the event of conflicting claims to any Escrow Funds, Escrow Agent may elect to interplead the monies in accordance with Section 3.6 of this Agreement.

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. (b) All Subscriptions are irrevocable, and except as otherwise provided in the Investor’s Subscription Agreement (the “Subscription Agreement”), no such Investor will have any right to cancel or rescind its Subscription, except as required under the law of any jurisdiction in which the Offering is made. In the event of conflicting claims to any Escrow Funds, Escrow Agent may elect to interplead the monies in accordance with Section 3.6 of this Agreement.

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. (b) All Subscriptions are irrevocable, and except as otherwise provided in the Investor’s Subscription Agreement (the “Subscription Agreement”), no such Investor will have any right to cancel or rescind its Subscription, except as required under the law of any jurisdiction in which the Offering is made. In the event of conflicting claims to any Escrow Funds, Escrow Agent may elect to interplead the monies in accordance with Section 3.6 of this Agreement.

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. (b) All Subscriptions are irrevocable, and except as otherwise provided in the Investor’s Subscription Agreement (the “Subscription Agreement”), no such Investor will have any right to cancel or rescind its Subscription, except as required under the law of any jurisdiction in which the Offering is made. In the event of conflicting claims to any Escrow Funds, Escrow Agent may elect to interplead the monies in accordance with Section 3.6 of this Agreement.

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. (b) All Subscriptions are irrevocable, and except as otherwise provided in the Investor’s Subscription Agreement (the “Subscription Agreement”), no such Investor will have any right to cancel or rescind its Subscription, except as required under the law of any jurisdiction in which the Offering is made. In the event of conflicting claims to any Escrow Funds, Escrow Agent may elect to interplead the monies in accordance with Section 3.6 of this Agreement.

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. (b) All Subscriptions are irrevocable, and except as otherwise provided in the Investor’s Subscription Agreement (the “Subscription Agreement”), no such Investor will have any right to cancel or rescind its Subscription, except as required under the law of any jurisdiction in which the Offering is made. In the event of conflicting claims to any Escrow Funds, Escrow Agent may elect to interplead the monies in accordance with Section 3.6 of this Agreement.