Common use of Company Discretion to Accept or Reject Subscriptions Clause in Contracts

Company Discretion to Accept or Reject Subscriptions. The Subscriber understands and agrees that the Company in its sole discretion reserves the right to accept or reject this or any other subscription for Units, in whole or in part, notwithstanding prior receipt by the Subscriber of notice of acceptance of this subscription. Anything herein to the contrary notwithstanding, the Company in its sole discretion, may accept subscriptions for less than the Minimum Investment. The Company shall have no obligation hereunder until the Company shall execute and deliver to the Subscriber an executed copy of this Agreement. If this subscription is rejected in whole, or the offering of Units is terminated, all funds received from the Subscriber will be returned without interest or offset, and this Agreement shall thereafter be of no further force or effect. If this subscription is rejected in part, the funds for the rejected portion of this subscription will be returned without interest or offset, and this Agreement will continue in full force and effect to the extent this subscription was accepted.

Appears in 2 contracts

Samples: Subscription Agreement (Ceres Ventures, Inc.), Subscription Agreement (Hepalife Technologies Inc)

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Company Discretion to Accept or Reject Subscriptions. The Subscriber understands and agrees that the Company in its sole discretion reserves the right to accept or reject this or any other subscription for Units, in whole or in part, notwithstanding prior receipt by the Subscriber of notice of acceptance of this subscription. Anything herein to the contrary notwithstanding, the Company in its sole discretion, may accept subscriptions for less than the Minimum Investment. The Company shall have no obligation hereunder until the Company shall execute and deliver to the Subscriber an executed copy of this Agreement. If this subscription is rejected in whole, or the offering of Units is terminated, all funds received from the Subscriber will be returned without interest or offset, and this Agreement shall thereafter be of no further force or effect. If this subscription is rejected in part, the funds for the rejected portion of this subscription will be returned without interest or offset, and this Agreement will continue in full force and effect to the extent this subscription was accepted.

Appears in 2 contracts

Samples: Subscription Agreement, Subscription Agreement (SolarWindow Technologies, Inc.)

Company Discretion to Accept or Reject Subscriptions. The Subscriber Purchaser understands and agrees that the Company in its sole discretion reserves the right to accept or reject this or any other subscription for Unitsthe Securities, in whole or in part, notwithstanding prior receipt by the Subscriber Purchaser of notice of acceptance of this subscription. Anything herein to the contrary notwithstanding, the Company in its sole discretion, may accept subscriptions for less than the Minimum Investment. The Company shall have no obligation hereunder until the Company shall execute and deliver to the Subscriber Purchaser an executed copy of this AgreementSPA, along with all of Company’s closing deliverables set forth above. If this subscription is rejected in whole, or the offering of Units Securities is terminated, all funds received from the Subscriber Purchaser will be returned without interest or offset, and this Agreement SPA shall thereafter be of no further force or effect. If this the subscription is rejected in part, the funds for the rejected portion of this the subscription set forth herein will be returned without interest or offset, and this Agreement SPA will continue in full force and effect to the extent this subscription was accepted.

Appears in 1 contract

Samples: Securities Purchase Agreement (Armada Oil, Inc.)

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Company Discretion to Accept or Reject Subscriptions. The Subscriber understands and agrees that the Company Company, in its sole discretion discretion, reserves the right to accept or reject this or any other subscription for Unitsshares, in whole or in part, notwithstanding prior receipt by the Subscriber of notice of acceptance of this subscription. Anything herein to the contrary notwithstanding, the Company in its sole discretion, may accept subscriptions for less than the Minimum Investment. The Company shall have no obligation hereunder until the Company shall execute and deliver to the Subscriber an executed copy of this Agreement. If this subscription is rejected in whole, or the offering of Units shares is terminated, all funds received from the Subscriber will be returned without interest or offset, and this Agreement shall thereafter be of no further force or effect. If this subscription is rejected in part, the funds for the rejected portion of this subscription will be returned without interest or offset, and this Agreement will continue in full force and effect to the extent this subscription was accepted.

Appears in 1 contract

Samples: Subscription Agreement (Aurora Gold Corp)

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