Subscription Commitment. The Subscriber hereby subscribes for the purchase of _______________ shares of common stock at a purchase price of $0.50 per share for an aggregate purchase price set forth below. No subscription will be accepted for less than 50,000 shares, with an aggregate purchase price of at least $25,000 except in the sole discretion of the Company. The full purchase price is paid contemporaneously in the form of cashier’s check or by wire transfer to “PetroShare Corp.” $____________________ Amount of Subscription The Subscriber understands that this subscription is not binding on the Company until accepted by the Company, which acceptance is at the sole discretion of the Company and is to be evidenced by the Company’s execution of this Subscription Agreement where indicated. If the subscription is rejected, the Company shall return to the Subscriber, without interest or deduction, any payment tendered by the Subscriber, and the Company and the Subscriber shall have no further obligation to each other hereunder. Unless and until rejected by the Company, this subscription shall be irrevocable by the Subscriber. The Subscriber acknowledges that the Company has the right to close the subscription books at any time without notice and to accept or reject any subscription, in whole or in part, in its sole discretion. The subscriber further understands that the shares are being sold on a “best efforts” basis. Accordingly, the proceeds from any sale of common stock from this offering will be retained by us and deposited into our bank account and made available for all valid corporate purposes.
Subscription Commitment. Subject to the terms and conditions set forth in this Subscription Agreement (this “Subscription Agreement”) and the applicable Partnership Agreement, the Subscriber hereby irrevocably subscribes for and agrees to purchase limited partner interests (“Interests”) in the applicable Fund selected and indicated by the Subscriber in the Subscriber Information Form (except as otherwise determined by the General Partner in its sole discretion) (such Fund, the “Selected Fund”). The Subscriber agrees to contribute, in cash to the capital of the Selected Fund an amount equal to their total capital commitment set forth on the Subscriber Information Form (the “Capital Commitment”). The Capital Commitment shall be payable in one or more installments in amounts and on dates specified by NB Crossroads PMF V GP LLC (or its assignee or designee), in its capacity as the sole general partner of the Selected Fund (the “General Partner”), in accordance with the applicable Partnership Agreement. Unless otherwise agreed by the General Partner in its sole discretion, each capital contribution or other payment with respect to the Capital Commitment shall be drawn from the account indicated in the Subscriber Information Form. The Subscriber acknowledges and agrees that the execution and delivery of this Subscription Agreement by the Subscriber constitutes a binding and irrevocable offer to purchase Interests in the Selected Fund and to fund the full amount of the Capital Commitment, and an agreement to hold such offer open until it is either accepted or rejected by the General Partner in its sole discretion. The Subscriber understands that this subscription is not binding on the General Partner or the Selected Fund until accepted by the General Partner and may be rejected, in whole or in part, by the General Partner in its absolute discretion. In the event the subscription is rejected in its entirety, this Subscription Agreement shall have no force or effect and shall be void ab initio. Unless and until rejected by the General Partner in its entirety, this subscription shall, to the fullest extent permitted by applicable law, be binding upon and irrevocable by the Subscriber. The Subscriber acknowledges and agrees that if the subscription is accepted, in whole or in part, by the General Partner, (i) the Subscriber will, with no further action required on its part, become a Limited Partner of the Selected Fund (except as otherwise determined by the General Partner in its sole discre...
Subscription Commitment. 1.1 The undersigned (the "Subscriber") hereby irrevocably subscribes for and agrees to purchase from Trans-Orient Petroleum Ltd. (the "Company"), subject to the terms and conditions set forth herein, that number of units (the "Units") of the Company set out above the Subscriber's name on the execution page (10) of this agreement (the "Subscription") at the price per Unit of US$0.20 (the "Subscription Price") (the "Offering"). It is understood that the Units are part of a private placement of up to one million Units to be privately placed by the Company. Subject to the terms hereof, this Subscription will be effective upon its acceptance by the Company. By acceptance of and agreement to this Subscription, the Company covenants, agrees and confirms that the Subscriber will have the benefit of all representations, warranties, covenants and conditions set forth herein.
Subscription Commitment. The Subscriber hereby subscribes for the purchase of ____ Units at a purchase price of $________ as full payment therefor. The purchase price shall be paid to the Company by cashier’s check made payable to the Company or by wire transfer to the account of the Company. The Subscriber understands that this subscription is not binding on the Company until accepted by the Company, which acceptance is at the discretion of the Company and is to be evidenced by the Company's execution of this Subscription Agreement where indicated. If the subscription is rejected the Company shall return to the Subscriber, without interest or deduction, any payment tendered by the Subscriber, and the Company and the Subscriber shall have no further obligation to each other hereunder. Unless and until rejected by the Company this subscription shall be irrevocable by the Subscriber.
Subscription Commitment. The Stockholder hereby covenants and agrees, subject to the provisions of this Section 1.10, to subscribe for and purchase from the Acquiror upon the Closing, a number of shares of the Acquiror’s Common Stock equal to the Subscription Amount (as defined below), at a purchase price of $10.00 per share (the “PIPE Investment”). The Stockholder’s obligation to make the PIPE Investment is subject to the Acquiror receiving commitments from one or more Financial Institutional Investors (as defined below) to purchase shares of the Acquiror’s Common Stock at the Closing (such commitments, collectively, “Institutional PIPE Proceeds”); the Stockholder shall not have any obligation to make the PIPE Investment if the Acquiror accepts a subscription to purchase shares of the Acquiror’s Common Stock at the Closing from one or more Strategic Investors (as defined below). The closing of the PIPE Investment is contingent upon the concurrent consummation of the Closing. Promptly following the date hereof, the Stockholder agrees to execute and deliver to Acquiror a subscription agreement in connection with the PIPE Investment on customary market terms (other than as specified herein) on a form consented to by Acquiror in good faith (such consent shall not be unreasonably withheld, conditioned or delayed).
Subscription Commitment. The Subscriber hereby subscribes to purchase as many Units of the indicated Class and the Portfolio of the Fund as may be purchased for the amount(s) set forth in the accompanying Subscriber Information Form completed and signed by the Subscriber (which shall be considered an integral part of this Subscription Agreement) in accordance with the procedures outlined and thereby to become a Member of the applicable Fund under the Fund’s Limited Liability Agreement. Such subscription shall be payable in full in readily available funds by wire transfer to the bank account of the Fund at least one business day prior to the date on which the Subscriber proposes to invest in the Fund. The Subscriber understands that this subscription is not binding on the Fund until accepted by the Fund, and may be rejected by the Fund in its absolute discretion. If so rejected, the Fund shall return to the Subscriber, without interest or deduction, any payment tendered by the Subscriber, and the Fund and the Subscriber shall have no further obligation to each other hereunder. Unless and until rejected by the Fund, this subscription shall be irrevocable by the Subscriber.
Subscription Commitment. The Subscriber acknowledges that the minimum subscription is Fifty Thousand Seventeen and 50/100 Dollars ($50,017.50). The Subscriber hereby subscribes for the purchase of the number of Securities specified below and, as full payment therefor, agrees to pay by wire transfer to the account of the Company the amount specified below. 500 Shares Series C Preferred Stock At $1.35 per Unit for an Warrants to Purchase 741,000 Shares of Common Stock aggregate of $1,000,350.00 The Subscriber understands that this subscription is not binding on the Company until accepted by the Company, which acceptance is at the discretion of the Company and is to be evidenced by the Company's execution of this Subscription Agreement where indicated. If the subscription is rejected, the Company shall return to the Subscriber, without interest or deduction, any payment tendered by the Subscriber, and the Company and the Subscriber shall have no further obligation to each other hereunder. Unless and until rejected by the Company, this subscription shall be irrevocable by the Subscriber. The Subscriber understands that the Company may, in the event that the offering to which the Term Sheet relates is oversubscribed, reduce this subscription in any amount and to any extent, whether or not pro rata reductions are made of any other investor's subscription.
Subscription Commitment. The offering and sale of the New Notes will be a public registered offering and the New Notes will be registered under the Securities Act.
Subscription Commitment. (a) Deerfield hereby irrevocably subscribes for and agrees to purchase from the Company, and the Company hereby agrees to sell to Deerfield, the Deerfield Securities for a purchase price of $10.00 per share, on the terms and subject to the conditions provided for herein.
Subscription Commitment. (a) Subject to the terms and conditions of this Agreement, each Purchaser, severally and not jointly, hereby subscribes for and irrevocably commits to purchase from the Company up to its Commitment Amount of aggregate principal amount of Notes and will receive corresponding Warrants (the “Subscriptions”) and the Company, subject to Section 1.3 below, agrees to sell such Notes and issue Warrants to the Purchaser. Each Purchaser must complete and return a duly executed, unaltered, and completed Confidential Purchaser Questionnaire in the form of Schedule A attached hereto prior to or concurrently with the execution of this Agreement.
