Common use of Funds and Documents to Be Returned If Conditions Not Met Clause in Contracts

Funds and Documents to Be Returned If Conditions Not Met. Subject to the other provisions of this Agreement, the Escrow Agent shall return subscription payments, plus the Subscription Agreement to any subscriber from whom (a) the Company has not accepted the Subscription Agreement, (b) has submitted a Subscription Agreement after the termination of the Offering, which will be 180 days after the offering, unless extended by the Company for an additional 90 days, or (c) in the event that 333,334 shares are not sold within the 180 days, or within the additional 90 days if extended (the “Offering Period”). If at least 333,334 shares are sold within 180 days, or within the additional 90 days, if extended, all money received by us will be retained by us and there will be no refund. There are no minimum purchase requirements for each individual investor. The foregoing notwithstanding, the Escrow Agent shall not be obligated, in any manner, to return any subscription payments which have been disbursed by it in accordance with Section 5 hereof. If the Escrow Agent is required to return documents and the subscription payments pursuant to this paragraph, it shall do so the next business day after termination of the Offering Period, including any extension thereof.

Funds and Documents to Be Returned If Conditions Not Met. Subject to the other provisions of this Agreement, the Escrow Agent shall return subscription payments, and the proceeds of all closed subscription loans, plus the Subscription Agreement to any subscriber from whom (athe 1) the Company Corporation has not accepted the Subscription Agreement, (b2) has submitted a Subscription Agreement after the termination of the Offering, which will be 180 days after the offering, unless extended by the Company Corporation for an additional 90 days, or (c3) in the event that 333,334 1,000,000 shares are not sold within the 180 days, or within the additional 90 days if extended (the “Offering Period”)extended. If at least 333,334 1,000,000 shares are sold within 180 days, or within the additional 90 days, if extended, all money received by us will be retained by us and there will be no refund. There are no minimum purchase requirements for each individual investor. The foregoing notwithstanding, the Escrow Agent shall not be obligated, in any manner, to return any subscription payments which have been disbursed by it in accordance with Section paragraph 5 hereof. If the Escrow Agent is required to return documents and the subscription payments pursuant to this paragraph, it shall do so the next business day within (14) days after termination of the Offering Period, including any extension thereof.

Funds and Documents to Be Returned If Conditions Not Met. Subject to the other provisions of this Agreement, the Escrow Agent shall return subscription payments, and the proceeds of all closed subscription loans, plus the Subscription Agreement to any subscriber from whom (a) the Company Corporation has not accepted the Subscription Agreement, (b) has submitted a Subscription Agreement after the termination of the Offering, which will be 180 days after the offering, unless extended by the Company Corporation for an additional 90 days, or (c) in the event that 333,334 1,000,000 shares are not sold within the 180 days, or within the additional 90 days if extended (the “Offering Period”)extended. If at least 333,334 1,000,000 shares are sold within 180 days, or within the additional 90 days, if extended, all money received by us will be retained by us and there will be no refund. There are no minimum purchase requirements for each individual investor. The foregoing notwithstanding, the Escrow Agent shall not be obligated, in any manner, to return any subscription payments which have been disbursed by it in accordance with Section 5 hereof. If the Escrow Agent is required to return documents and the subscription payments pursuant to this paragraph, it shall do so the next business day within 14 days after termination of the Offering Period, including any extension thereof.

Funds and Documents to Be Returned If Conditions Not Met. Subject to the other provisions of this Agreement, the Escrow Agent shall return subscription payments, plus the Subscription Agreement to any subscriber from whom (a) the Company has not accepted the Subscription Agreement, (b) has submitted a Subscription Agreement after the termination of the Offering, which will be 180 days after the offering, unless extended by the Company for an additional 90 days, or (c) in the event that 333,334 1,000,000 shares are not sold within the 180 days, or within the additional 90 days if extended (the “Offering Period”). If at least 333,334 1,000,000 shares are sold within 180 days, or within the additional 90 days, if extended, all money received by us will be retained by us and there will be no refund. There are no minimum purchase requirements for each individual investor. The foregoing notwithstanding, the Escrow Agent shall not be obligated, in any manner, to return any subscription payments which have been disbursed by it in accordance with Section 5 hereof. If the Escrow Agent is required to return documents and the subscription payments pursuant to this paragraph, it shall do so the next business day after termination of the Offering Period, including any extension thereof.