Common use of Subscription Process Clause in Contracts

Subscription Process. To purchase our Units in this offering, investors must complete and sign a subscription agreement. Investors will be required to pay for their Units by wire or certified check for the full purchase price of the Units, payable to “Signature Bank, as the Escrow Agent for 1847 Holdings LLC.” Signature Bank shall serve as escrow agent for any payments made via wire or certified check. We intend to accept subscriptions daily after the minimum of $12,500,000 Units are sold in the offering, but cannot guarantee that we will be able to accept subscriptions on such basis. Subscriptions will be effective only upon our acceptance of the subscriptions, and we reserve the right to reject any subscriptions in whole or in part. In compliance with Rule 15c2-4 under the Exchange Act, we and the Underwriter will instruct investors to deliver all monies in the form of checks or wire transfers to the escrow agent. Upon the escrow agent’s receipt of such monies, they shall be credited to the escrow account. Pursuant to escrow agreement among us, Underwriter and Signature Bank, as escrow agent, the funds received in payment for the Units purchased in this offering will be wired to a non-interest bearing escrow account at Signature Bank, and held until the escrow agent determines that the amount in the escrow account is equal to at least the minimum amount required to close this offering. Upon confirmation of receipt of the requested minimum subscription amount, the escrow agent will release the funds in accordance with the written instructions provided by us and Underwriter, indicating the date on which the Shares and the Warrants purchased in this offering are to be delivered to the investors and the date the net proceeds are to be delivered to us. Unless investors instruct us otherwise, we will deliver the Shares and Warrants being issued to the investors electronically.

Subscription Process. To purchase our Units in this offering, investors must complete and sign a subscription agreement. Investors will be required to pay for their Units by wire or wire, certified check or ACH transfer for the full purchase price of the Units, payable to “Signature Bank, as the Escrow Agent for 1847 Holdings LLC.” Signature Bank shall serve as escrow agent for any payments made via wire wire, certified check or ACH transfer. From and after the date that we sell a minimum of $12,500,000 of Units in the offering, in addition to accepting payments by wire, certified checkcheck or ACH transfer, we will also accept payments in Bitcoin and Ether cryptocurrencies. If you desire to pay for Units in Bitcoin or Ether you will be provided with our public key so that you can transfer your cryptocurrency payment directly to our digital wallet. Investors who pay for Units in cryptocurrency will bear the exchange rate fluctuation risk during the period between the time that the investor subscribes for the units and the time when we accept the subscription. We intend to accept subscriptions daily after the minimum of $12,500,000 Units are sold in the offering, but cannot guarantee that we will be able to accept subscriptions on such basis. Subscriptions will be effective only upon our acceptance of the subscriptions, and we reserve the right to reject any subscriptions in whole or in part. In compliance with Rule 15c2-4 under the Exchange Act, we and the Underwriter will instruct investors to deliver all monies in the form of checks checks, wire transfers or wire ACH transfers to the escrow agent. Upon the escrow agent’s receipt of such monies, they shall be credited to the escrow account. Pursuant to escrow agreement among us, Underwriter and Signature Bank, as escrow agent, the funds received in payment for the Units purchased in this offering will be wired to a non-interest bearing escrow account at Signature Bank, and held until the escrow agent determines that the amount in the escrow account is equal to at least the minimum amount required to close this offering. Upon confirmation of receipt of the requested minimum subscription amount, the escrow agent will release the funds in accordance with the written instructions provided by us and Underwriter, indicating the date on which the Shares and the Warrants purchased in this offering are to be delivered to the investors and the date the net proceeds are to be delivered to us. Unless investors instruct us otherwise, we will deliver the Shares and Warrants being issued to the investors electronically.

Subscription Process. To purchase our Units securities in this offering, investors must complete and sign a subscription securities purchase agreement. Investors will be required to should pay for their Units securities by wire or a certified check for the full purchase price of the Unitssecurities, payable to “Signature Bank, Continental Stock Transfer & Trust Co. as the Escrow Agent for 1847 Holdings LLC.Ominto Inc.” Signature Bank shall serve as escrow agent for any payments made via wire or certified check. We intend to accept subscriptions daily after the minimum of $12,500,000 Units are sold in the offering, but cannot guarantee that we will be able to accept subscriptions on such basis. Subscriptions will be effective only upon our acceptance of the subscriptionsCompany’s acceptance, and we reserve the Company reserves the right to reject any subscriptions subscription in whole or in part. In compliance with Rule 15c2-4 under of the Securities Exchange ActAct of 1934, we the Placement Agent and the Underwriter will Company shall instruct investors to deliver to the escrow agent all monies in the form of checks or wire transfers to the escrow agenttransfers. Upon the escrow agent’s receipt of such monies, they shall be credited to the escrow account. Pursuant to an escrow agreement among usthe Company, Underwriter the Placement Agent and Signature BankContinental Stock Transfer & Trust Co., as escrow agent, the funds received in payment for the Units securities purchased in this offering will be wired to a non-interest bearing escrow account at Signature Bank, a branch of XX Xxxxxx Chase Bank NA selected by the escrow agent and held until the escrow agent determines that the amount in the escrow account is at least equal to at least the minimum amount required to close this offering. Upon confirmation of receipt of the requested minimum subscription amountsubscriptions required, the escrow agent will release the funds in accordance with instructions in writing by the written instructions provided by us Company and Underwriterthe Placement Agent, indicating the date on which the Shares and the Warrants securities purchased in this offering are to be delivered to the investors purchasers and the date the net proceeds are to be delivered to usthe Company. Unless investors instruct us the Company otherwise, we the Company will deliver the Shares and Warrants shares of common stock being issued to the investors electronically. In addition, at the closing of this offering, the Company will issue such purchasers warrant certificates for the warrants being issued as part of the offering. This offering will terminate 30 days after the effective date of the registration statement unless the offering is fully subscribed before that date or we decide to terminate the offering prior to that date. If the escrow agent determines on such date that the amount in the escrow account is less than the minimum amount required to close this offering, then the escrow agent shall promptly refund to each investor the amount of payment received from such investor which is then held in the escrow account.

Subscription Process. To purchase our Units in this offering, investors must complete and sign a subscription agreement. Investors will be required to pay for their Units by wire or certified check for the full purchase price of the Units, payable to “Signature Bank, as the Escrow Agent for 1847 Holdings LLC.” Signature Bank shall serve as escrow agent for any payments made via wire or certified check. From and after the date that we sell a minimum of $12,500,000 of Units in the offering, in addition to accepting payments by wire or certified check, we will also accept payments in Bitcoin and Ether cryptocurrencies. If you desire to pay for Units in Bitcoin or Ether you will be provided with our public key so that you can transfer your cryptocurrency payment directly to our digital wallet. Investors who pay for Units in cryptocurrency will bear the exchange rate fluctuation risk during the period between the time that the investor subscribes for the units and the time when we accept the subscription. We intend to accept subscriptions daily after the minimum of $12,500,000 Units are sold in the offering, but cannot guarantee that we will be able to accept subscriptions on such basis. Subscriptions will be effective only upon our acceptance of the subscriptions, and we reserve the right to reject any subscriptions in whole or in part. In compliance with Rule 15c2-4 under the Exchange Act, we and the Underwriter will instruct investors to deliver all monies in the form of checks or wire transfers to the escrow agent. Upon the escrow agent’s receipt of such monies, they shall be credited to the escrow account. Pursuant to escrow agreement among us, Underwriter and Signature Bank, as escrow agent, the funds received in payment for the Units purchased in this offering will be wired to a non-interest bearing escrow account at Signature Bank, and held until the escrow agent determines that the amount in the escrow account is equal to at least the minimum amount required to close this offering. Upon confirmation of receipt of the requested minimum subscription amount, the escrow agent will release the funds in accordance with the written instructions provided by us and Underwriter, indicating the date on which the Shares and the Warrants purchased in this offering are to be delivered to the investors and the date the net proceeds are to be delivered to us. Unless investors instruct us otherwise, we will deliver the Shares and Warrants being issued to the investors electronically.