Refund of Purchase Price. In the event that the Conversion is not consummated for any reason, including but not limited to the inability to sell a minimum of 1,912,500 Offer Shares during the Offering (including any permitted extension thereof) or such other minimum number of Offer Shares as shall be established consistent with the Plan and the Conversion Regulations, this Agreement shall terminate and any persons who have subscribed for or ordered any of the Offer Shares shall have refunded to them the full amount which has been received from such person, together with interest, if applicable, as provided in the Prospectus. Upon termination of this Agreement, neither the Agent nor the Primary Parties shall have any obligation to the other except that (i) the Primary Parties shall remain liable for any amounts due pursuant to Sections 4, 9, 11 and 12 hereof, unless the transaction is not consummated due to the breach by the Agent of a warranty, representation or covenant; and (ii) the Agent shall remain liable for any amount due pursuant to Sections 11 and 12 hereof, unless the transaction is not consummated due to the breach by the Primary Parties of a warranty, representation or covenant.
Refund of Purchase Price. In the event that the Offering is not consummated for any reason, including but not limited to the inability of HoldCo to sell a minimum of 3,570,000 Shares during the Offering (including any permitted extension thereof) or such other minimum number of Shares as shall be established consistent with the Plans, this Agreement shall terminate and any persons who have subscribed for or placed orders for any of the Shares shall have refunded to them the full amount that has been received from such person, without interest, as provided in the Prospectus. In the event the Offering is terminated for any reason not attributable to the action or inaction of the Agent, the Agent shall be paid the fees due to the date of such termination pursuant to Section 4(a) and (b) hereof.
Refund of Purchase Price. In the event that the Offering is not consummated for any reason, including but not limited to the inability to sell a minimum of 4,505,000 Shares during the Offering (including any permitted extension thereof) or such other minimum number of Shares as shall be established consistent with the Plan, this Agreement shall terminate and any persons who have subscribed for any of the Shares shall have refunded to them the full amount that has been received from such person, without interest, as provided in the Prospectus.
Refund of Purchase Price. In the event that the Conversion is not consummated for any reason, including but not limited to the inability to sell a minimum of 21,675,000 Shares during the Offerings (including any permitted extension thereof) or such other minimum number of Shares as shall be established consistent with the Plan and the Conversion Regulations, this Agreement shall terminate and any persons who have subscribed for any of the Shares shall have refunds placed in the mail to them promptly of the full amount which has been received from such person, together with interest as provided in the Prospectus.
Refund of Purchase Price. In the event that (a) the Purchase Price has been deposited in accordance with Section 2.3 hereof, and (b) this Agreement is terminated prior to Closing in accordance with its terms, the Selling Shareholder shall, and the Founder shall promptly cause the Selling Shareholder to, refund the Purchase Price to the Investor to a bank account notified by the Investor to the Selling Shareholder in writing by the later of (i) the fifth (5th) Business Day following the date of such termination, and (ii) the third (3rd) Business Day following the date of the delivery of such notice.
Refund of Purchase Price. The City shall reimburse the Owner, an amount equal to the lesser of; (i) the actual amount paid by Owner to the Artist under the Contract; or (ii) the amount previously paid by Owner to the Public Art Fund. The amount to be refunded shall not exceed the amount paid into the Public Arts Fund by the Owner. The Owner’s request for reimbursement shall be submitted only after the Artwork is installed and approved by the Public Arts Commission. The request for reimbursement shall be in writing and include (i) a copy of the permits set forth in Exhibit “C” attached hereto (“Permits”) clearly showing the art fee and (ii) a copy(s) of the invoice Exhibit “D” attached hereto (“Invoice”) paid to the Artist and related subcontractors if any.
Refund of Purchase Price. In the event that the original owner had previously reported the loss or theft of the bicycle with the Kelowna Detachment of the R.C.M.P., or filed a claim with the Society, and challenges the purchaser who has bought the bicycle in good faith from the Society, the bicycle will be forfeited to the proven owner upon payment of a twenty-five dollar ($25.00) service charge, the costs of repairing it or upgrading the bicycle and a storage fee. The Society will reimburse the original purchase price to the purchaser.
Refund of Purchase Price. 8.1 You acknowledge, agree, and confirm that there shall be no refund of any transfers of Purchase Price made by You to the Token Vendor in any form or manner unless clearly provided for under this Agreement. All risks in relation to any refund of transfers of Purchase Price made pursuant to this Agreement shall be borne absolutely by You and none of the Token Vendor or any of the Indemnified Persons shall be liable for any such risks.
8.2 In each case where the Token Vendor elects, in accordance with this Agreement, to provide a refund of any transfer of Purchase Price made by You for any intended purchase, the Token Vendor shall transfer such amount of Purchase Price as may be refundable to You to the address of your Purchaser Digital Wallet as may be provided by You to the Token Vendor.
8.3 Notwithstanding Paragraph 8.2, in the case where the Token Vendor elects, in accordance with this Agreement, to provide a refund of any transfers of Purchase Price for any intended purchase, but where your Purchaser Digital Wallet as may be provided by You to the Token Vendor is an account or wallet established and maintained with any Centralised Exchange, You acknowledge and agree that:
(a) the Token Vendor shall not have any obligation to ensure your receipt of any such refund;
(b) the Token Vendor shall not have any obligation in any form or manner whatsoever to You in respect of such refund; and
(c) You hereby waive all rights, claims and/or causes of action (present or future) under law (including any tortious claims) or contract against the Token Vendor and the Indemnified Persons in connection with or arising from such refund, and shall further hold harmless, the Token Vendor and the Indemnified Persons from and against any and all losses, damages, taxes, liabilities and expenses that may be incurred by You in connection with or arising from such refund.
Refund of Purchase Price. In the event of termination of this Agreement or recapture pursuant to paragraph A or E.
(1) of this Article X, the Company shall refund to Reinsurer a portion of the Purchase Price based on an appraisal of the Policies as of the date of termination (which appraisal shall take into consideration the effect of the termination of this Agreement) prepared by Milliman & Rxxxxxxxx, Inc., or another nationally recognized actuarial firm reasonably acceptable to the parties. Such refund shall be paid promptly with interest at an annual rate of 7% accruing from the date of termination until the date of payment.
Refund of Purchase Price. In the event that the Conversion is not consummated for any reason, including but not limited to the inability to sell 6,097,938 Shares during the Offerings (including any permitted extension thereof) or such other minimum number of Shares as shall be established consistent with the Plan and the Conversion Regulations, this Agreement shall terminate and any persons who have subscribed for any of the Shares shall have refunded to them the full amount which has been received from such person, together with interest as provided in the Prospectus.
