Common use of Rolling Acceptance of Subscriptions; Acceptance and Certificates Clause in Contracts

Rolling Acceptance of Subscriptions; Acceptance and Certificates. From time to time, the Company will accept subscriptions tendered to it, at which time the Purchaser will be considered a holder of the Shares subscribed for in this Agreement. As promptly as practical, the Company will return a copy of this Agreement to the Purchaser, executed by the Company, together with the Certificates (as defined below) representing the number of shares of Common Stock, for the accepted subscription.

Appears in 4 contracts

Samples: Subscription Agreement (Network 1 Financial Group, Inc.), Securities Purchase Agreement (Longhai Steel Inc.), Subscription Agreement (Network 1 Financial Group, Inc.)

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