No Escrow Collateral Agent Sample Clauses

No Escrow Collateral Agent. There is no escrow Collateral Agent in this offering and moneys will not be held in any segregated or secured account pending acceptance or rejection. Accordingly, there is also no minimum offering amount and funds reflecting the Purchase Price are immediately available for use by the Company and susceptible to rights of third party creditors without protection. The Company has agreed to issue the Notes and enter into this Agreement and all related agreements, or return funds to any Subscriber whose investment is not accepted.