Common use of Expiration of Offering Period Clause in Contracts

Expiration of Offering Period. Notwithstanding anything to the contrary contained herein, if Escrow Agent shall not have received a Minimum Offering Notice on or before the Expiration Date, Escrow Agent shall, within fifteen (15) business days after such Expiration Date and without any further instruction or direction from Issuer or Boustead return to each Subscriber, by certified or bank check and by first-class mail, the amount (without any interest) of the Cash Investment paid by such Subscriber, and shall pay to the Issuer all interest income on the Escrow Funds in the manner set forth on Exhibit A hereto.

Expiration of Offering Period. Notwithstanding anything to the contrary contained herein, if Escrow Agent shall not have received a Minimum Offering Notice on or before the Expiration Date, Escrow Agent shall, within fifteen (15) business days after such Expiration Date and without any further instruction or direction from Issuer or Boustead Broker return to each Subscriber, by certified or bank check and by first-class mail, the amount (without any interest) of the Cash Investment paid by such Subscriber, and shall pay to the Issuer all interest income on the Escrow Funds in the manner set forth on Exhibit A hereto.

Expiration of Offering Period. Notwithstanding anything to the contrary contained herein, if Escrow Agent shall not have received a Minimum Offering Notice on or before the Expiration Date, Escrow Agent shall, within fifteen (15) business days after such Expiration Date and without any further instruction or direction from Issuer or Boustead Broker return to each Subscriber, by certified or bank check and by first-class mail, the amount (without any interest) of the Cash Investment paid by such Subscriber, and shall pay to the Issuer all interest income on the Escrow Funds Subscriber in the manner set forth on Exhibit A hereto.

Expiration of Offering Period. Notwithstanding anything to the contrary contained herein, if Escrow Agent shall not have received a Minimum Offering Notice on or before the Expiration Date, Escrow Agent shall, within fifteen (15) business days after such Expiration Date and without any further instruction or direction from Issuer Underwriter or Boustead Issuer, return to each Subscriber, by certified or bank check and by first-class mail, the amount (without any interest) of the Cash Investment paid made by such Subscriber, and shall pay to the Issuer all interest income on the Escrow Funds in the manner set forth on in Paragraph 6 of Exhibit A attached hereto.