Subscriptions for Shares. You shall (a) find Eligible Investors for the Shares, (b) keep records of the basis for each determination by a member of, or person associated with, your firm of an investor’s suitability and (c) promptly forward each fully completed and executed copy of the subscription agreement, which shall be in form of Exhibit C to the Prospectus (the “Subscription Agreement”), as signed by each investor and countersigned by a supervisory representative of your firm, together with the related subscription payment in the form of a check made payable to “JPMorgan Chase Bank as Escrow Agent for ICON Leasing Fund Twelve, LLC” pending receipt and acceptance by the Manager of subscriptions for 1,200 shares and thereafter (except for residents of the Commonwealth of Pennsylvania who must continue to make checks payable to the Escrow Account until subscriptions for 20,000 Shares have been received and accepted in the Primary Offering) in the form of a check made payable to “ICON Leasing Fund Twelve, LLC” to: ICON Capital Corp. 100 Xxxxx Xxxxxx, 0xx Xxxxx Xxx Xxxx, XX 00000 Each Subscription Agreement and related subscription payment shall be forwarded by your firm to the Manager at the foregoing address no later than noon of the next day after receipt from your customer by any member of, or associated with, your firm of such payment, unless such Subscription Agreement and payment are first forwarded to another of your offices for internal supervisory review (which shall take place within the aforementioned time period), in which event such other office shall complete its review and forward such Subscription Agreement and payment to the above address no later than noon of the next business day after its receipt thereof. Notwithstanding the foregoing, any investor’s check not properly completed as described above shall be promptly returned to such investor not later than the next business day following your receipt of such check. Each subscription so received by the Manager will be subject to acceptance or rejection by it by the end of the business day on which it is received. Each such subscription payment received by us and accepted by the Manager will be transmitted, as soon as practicable, but in any event by the end of the second business day following our receipt thereof, to JPMorgan Chase Bank (the “Escrow Agent”) for deposit in an interest-bearing bank account insured by the Federal Deposit Insurance Corporation, which shall be an escrow account in the name of Escrow A...
Subscriptions for Shares a. Subscription agreements for shares of Company’s stock will be completed and submitted to Impound Agent in triplicate, along with checks and other payment orders or wire transfer for the amount of the subscriptions. Checks and other payment orders shall be made payable to “Pacific Coast Bankers Bank for Manhattan Bancorp Impound Account.” Company will inform Impound Agent of its intent to accept or reject subscriptions or to accept a subscription in part. If any subscriptions are rejected or accepted only in part Impound Agent will refund the rejected amount, including any interest actually earned thereon, to the Subscriber. Upon the closing of the Offering, Impound Agent will return one copy of the subscription agreement to the Subscriber, return one copy to Company, and retain one copy for Impound Agent’s records.
Subscriptions for Shares. Subscription agreements for shares of Company's stock will be completed and submitted to Impound Agent, along with checks and other payment orders for the amount of the subscriptions. Checks and other payment orders shall be made payable to "Pacific Coast Bankers Bank for The Bank Holdings Impound Account." Company will inform Impound Agent of its intent to accept or reject subscriptions or to accept a subscription in part. If any subscriptions are rejected or accepted only in part Impound Agent will refund the rejected amount, to the Subscriber. Upon the closing of the Offering, Impound Agent will return one to Company, and retain one copy for Impound Agent's records.
Subscriptions for Shares. All subscriptions for Shares are subject to acceptance or rejection by the Trust at its sole discretion. If rejected, the Trust will refund the purchase payment directly to the purchaser.
Subscriptions for Shares. (a) The initial closing date for subscriptions for Shares is on or about October 3, 2011 (the “Initial Closing Date”). After the Initial Closing Date, the Fund may from time to time, in the sole discretion of the Fund, offer Shares to investors for purchase (“Subsequent Offerings”). The Fund expects that Subsequent Offerings will occur monthly and that subscriptions for Shares will be accepted as of the first day of each calendar month, subject to the discretion of the Fund to have Subsequent Offerings and accept subscriptions on other dates.
Subscriptions for Shares. (a) The Trust will offer Shares to investors for purchase (“Offerings”) subject to the restrictions stated in the Offering Memorandum. The Trust expects that Offerings will occur continuously and that subscriptions for Shares will be accepted as of the end of each business day the Fund is open for business.
Subscriptions for Shares. 4.1. The following shareholders will subscribe for the number of ordinary shares of £1 ■ ■ ■ ■ , ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ . Name of shareholder Number of shares Xxx 20 Xxx 20 Xxxx 40 Xxxxx 10 Xxxx 50
Subscriptions for Shares. 3.1 Investors' Subscription. Each Investor hereby subscribes for the number of Common Shares of the Corporation's share capital set forth hereinafter at the aggregate subscription price set forth hereinafter. The Corporation hereby accepts the subscription of each Investor for their Common Shares, subject to the terms and conditions contained herein. =============================================================================== Investor Number of Common Shares Aggregate Price ------------------------------------------------------------------------------- Innovatech 533,095 $ 3,749,992.96562 Cdn ------------------------------------------------------------------------------- Devma 533,095 $ 3,749,992.96562 Cdn ------------------------------------------------------------------------------- FSTQ 1 $ 7.03438 Cdn ------------------------------------------------------------------------------- Fonds Regional 1 $ 7.03438 Cdn ===============================================================================
Subscriptions for Shares upon the exercise of Warrants will not be accepted from any person or agent of a person who is or appears to be, or who the company or the Trustee has reason to believe, is a resident of any jurisdiction other than a Canadian or United States jurisdiction unless the Shares may lawfully be sold in such other jurisdiction and to such person at the time. In addition, the Warrant Certificates and the Warrants evidenced thereby may not be assigned, transferred or otherwise conveyed to any person or agent of a person who appears to be, or who the assignor has reason to believe is, a resident of such non-Canadian and non-United States jurisdiction unless the Warrants and the Shares issuable upon exercise of the Warrants may lawfully be sold in such other jurisdiction and to such person at the time.
Subscriptions for Shares. 8 4. WARRANTIES ......................................................... 8 5. FURTHER RIGHTS .....................................................11
