Common use of Conditions of Offering; Acceptance and Purchase Clause in Contracts

Conditions of Offering; Acceptance and Purchase. (a) The offer to Selected Dealers will be made on the basis of a reservation of Securities and an allotment against subscriptions as set forth in the Invitation. Acceptance of any reserved Securities received after the time specified therefor in the Invitation and any application for additional Securities will be subject to rejection in whole or in part. Subscription books may be closed by the Representatives at any time in the Representatives’ discretion without notice and the right is reserved to reject any subscription in whole or in part. By our Acceptance, we agree to purchase as principal, on the terms and conditions set forth in the Invitation, the Offering Document (defined below) and this Agreement, the amount of Securities allotted to us by the Representatives.

Appears in 32 contracts

Samples: Agency Agreement (New Bancorp, Inc.), Agency Agreement (Equitable Financial Corp.), Agency Agreement (Charter Financial Corp)

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