Common use of Tender Acceptance Clause in Contracts

Tender Acceptance. Note Holder shall tender Note Holder’s signed Documents to the Fund for acceptance by the Manager of the Fund, in the Manager’s sole discretion. The Fund will hold the tendered documents and consideration pending the Fund’s review of such documents and acceptance of Note Holder as a Note Holder in the Offering. If the Fund does not accept the tender, then the Fund will so inform the Note Holder, and return Note Holder’s funds. (b)

Appears in 5 contracts

Samples: Note Holder Subscription Agreement (DLP Positive Note Fund LLC), Note Holder Subscription Agreement (DLP Positive Note Fund LLC), Note Holder Subscription Agreement (DLP Positive Note Fund LLC)

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Tender Acceptance. Note Holder shall tender Note Holder’s 's signed Documents Documents, along with payment in full of the amount indicated in those Documents, to the Fund for acceptance by Fund. The Manager will determine whether to accept or reject the Manager Note Holder's subscription on behalf of the Fund, in the Manager’s 's sole discretion. The Fund will hold the tendered documents and consideration pending the Fund’s 's review of such documents and acceptance determination of whether to accept or reject the Note Holder as a Note Holder in the OfferingHolder's subscription. If the Fund does not accept the tenderNote Holder's subscription, then the Fund will so inform the Note Holder, and return Note Holder’s 's funds. (b).

Appears in 1 contract

Samples: Subscription Agreement (DLP Positive Fixed Returns Fund LLC)

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