Common use of Termination of Offering or Rejection of Subscription Clause in Contracts

Termination of Offering or Rejection of Subscription. 3.1. In the event that the Company does not effect an initial Closing on or before the Termination Date, the Company will cause the Escrow Agent to refund promptly the Subscription Price paid by the Purchaser, without deduction, offset or interest accrued thereon and this Subscription Agreement shall thereafter be of no further force or effect.

Appears in 13 contracts

Samples: Subscription Agreement (Casa Shares Assets, LLC), Subscription Agreement (Arrived Homes, LLC), Subscription Agreement (Arrived Homes 3, LLC)

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Termination of Offering or Rejection of Subscription. 3.1. In the event that the Company does not effect an initial the Closing on or before the Termination Date, the Company will cause the Escrow Agent to refund promptly the Subscription Price paid by the Purchaser, without deduction, offset or interest accrued thereon and this Subscription Agreement shall thereafter be of no further force or effect.

Appears in 13 contracts

Samples: Subscription Agreement (Otis Gallery LLC), Subscription Agreement (Otis Gallery LLC), Subscription Agreement (Otis Gallery LLC)

Termination of Offering or Rejection of Subscription. 3.1. 3.1 In the event that the Company does not effect an initial Closing on or before the Termination Date, the Company will cause the Escrow Agent to refund promptly the Subscription Price paid by the Purchaser, without deduction, offset or interest accrued thereon and this Subscription Agreement shall thereafter be of no further force or effect.

Appears in 7 contracts

Samples: Subscription Agreement (Vestible Assets, LLC), Subscription Agreement (Vestible Assets, LLC), Subscription Agreement (Vestible Assets, LLC)

Termination of Offering or Rejection of Subscription. 3.1. In the event that the Company does not effect an initial Closing on or before the Termination Date, the Company will cause the Escrow Agent to refund promptly the Subscription Price paid by the Purchaser, without deduction, offset or interest accrued thereon and this Subscription Agreement shall thereafter be of no further force or effect.

Appears in 7 contracts

Samples: Subscription Agreement (Arrived Debt Fund, LLC), Arrived SFR Genesis (Arrived SFR Genesis Fund, LLC), Subscription Agreement (Arrived Homes, LLC)

Termination of Offering or Rejection of Subscription. 3.1. In the event that the Company does not effect an initial Closing on or before the Termination Date, the Company will cause instruct the Escrow Agent to refund promptly the Subscription Price paid by the Purchaser, without deduction, offset offset, or interest accrued thereon and this Subscription Agreement shall thereafter be of no further force or effect.

Appears in 2 contracts

Samples: uploads.republic.co, uploads.republic.co

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Termination of Offering or Rejection of Subscription. 3.1. a. In the event that the Company does not effect an initial Closing on or before the Termination Date, the Company will cause the Escrow Agent to refund promptly the Subscription Price paid by the Purchaser, without deduction, offset or interest accrued thereon and this Subscription Agreement shall thereafter be of no further force or effect.

Appears in 2 contracts

Samples: Subscription Agreement (Fundhomes I, LLC), Subscription Agreement (Fundhomes 1, LLC)

Termination of Offering or Rejection of Subscription. 3.1. In the event that the Company does not effect an initial Closing on or before the Termination Date, the Company will cause the Escrow Agent to refund promptly the Subscription Price paid by the Purchaser, without deduction, offset or interest accrued thereon and this Subscription Agreement shall thereafter be of no further force or effect.

Appears in 1 contract

Samples: www.nestake.com

Termination of Offering or Rejection of Subscription. 3.1. In the event that the Company does not effect an initial the Closing on or before the Termination Date, the Company will cause the Escrow Agent to refund promptly the Subscription Price paid by the PurchaserOffering shall terminate, without deduction, offset or interest accrued thereon and this Subscription Agreement shall thereafter be of no further force or effect.

Appears in 1 contract

Samples: Subscription Agreement (Otis Collection LLC)

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