Termination of Offering or Rejection of Subscription. 2.1. The Offering shall be terminated upon the earlier of (i) the second anniversary of the qualification date of the Offering Statement and (ii) any date which the Manager elects to terminate the Offering in its sole discretion (the “Termination Date”). If the Offering is terminated in accordance with this Section 2.1, this Subscription Agreement shall be terminated and have no further force or effect. 2.2. The Purchaser understands and agrees that the Manager, in its sole discretion, reserves the right to accept or reject this or any other subscription for Shares, in whole or in part, and for any reason or no reason, notwithstanding prior receipt by the Purchaser of notice of acceptance of this subscription. If the Manager rejects a subscription, either in whole or in part, the Purchaser may withdraw the Subscription Price related to the rejected portion of the subscription from the Purchaser’s Xxxxx Account (as defined below) promptly after notification from the Manager of such rejection without deduction, offset or interest accrued thereon. If this subscription by the Purchaser is rejected in whole, this Subscription Agreement shall be terminated and have no further force or effect. If this subscription is rejected in part, this Subscription Agreement will continue in full force and effect until either this subscription is rejected with respect to all remaining Shares or the Offering is terminated in accordance with Section 2.1. For the avoidance of doubt, in the event that only a portion of this subscription by the Purchaser is accepted or rejected by the Manager, the remaining Shares subscribed for not yet rejected or accepted will remain as such, and the portion of the Subscription Price that was neither accepted nor rejected will remain deposited in the Purchaser’s Xxxxx Account.
Appears in 21 contracts
Samples: Subscription Agreement (Landa App 3 LLC), Subscription Agreement (Landa App LLC), Subscription Agreement (Landa App 2 LLC)
Termination of Offering or Rejection of Subscription. 2.13.1. The Offering shall be terminated upon In the earlier of (i) event that the second anniversary of Company does not effect an initial Closing on or before the qualification date of the Offering Statement and (ii) any date which the Manager elects to terminate the Offering in its sole discretion (the “Termination Date”). If , the Offering is terminated in accordance with this Section 2.1Company 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 terminated and have of no further force or effect.
2.23.2. The Purchaser understands and agrees that the Manager, in its sole discretion, reserves the right to accept or reject this or any other subscription for SharesSeries [*] Interests, in whole or in part, and for any reason or no reason, notwithstanding prior receipt by the Purchaser of notice of acceptance of this subscription. If the Manager rejects a subscription, either in whole or in partpart (which decision is in its sole discretion), the Purchaser may withdraw Company shall cause the Escrow Agent to return promptly the rejected Subscription Price related to or the rejected portion of thereof to the subscription from the Purchaser’s Xxxxx Account (as defined below) promptly after notification from the Manager of such rejection Purchaser without deduction, offset or interest accrued thereon. If this subscription by the Purchaser is rejected in whole, whole this Subscription Agreement shall thereafter be terminated and have of no further force or effect. If this subscription is rejected in part, this Subscription Agreement will continue in full force and effect until either to the extent this subscription is rejected with respect to all remaining Shares or the Offering is terminated in accordance with Section 2.1. For the avoidance of doubt, in the event that only a portion of this subscription by the Purchaser is accepted or rejected by the Manager, the remaining Shares subscribed for not yet rejected or accepted will remain as such, and the portion of the Subscription Price that was neither accepted nor rejected will remain deposited in the Purchaser’s Xxxxx Accountaccepted.
Appears in 7 contracts
Samples: Subscription Agreement (Arrived Homes, LLC), Subscription Agreement (Arrived Homes 3, LLC), Subscription Agreement (Arrived STR 2, LLC)
Termination of Offering or Rejection of Subscription. 2.1. The Offering shall be terminated upon the earlier of (i) the second anniversary of the qualification date of the Offering Statement and (ii) any date which the Manager elects to terminate the Offering in its sole discretion (the “Termination Date”). If the Offering is terminated in accordance with this Section 2.1, this Subscription Agreement shall be terminated and have no further force or effect.
2.2. The Purchaser understands and agrees that the Manager, in its sole discretion, reserves the right to accept or reject this or any other subscription for Shares, in whole or in part, and for any reason or no reason, notwithstanding prior receipt by the Purchaser of notice of acceptance of this subscription. If the Manager rejects a subscription, either in whole or in part, the Purchaser may withdraw the Subscription Price related to the rejected re- jected portion of the subscription from the Purchaser’s Xxxxx Account (as defined below) promptly after notification from the Manager of such rejection without deduction, offset or interest accrued thereon. If this subscription by the Purchaser is rejected in whole, this Subscription Agreement shall be terminated and have no further force or effect. If this subscription is rejected in part, this Subscription Agreement will continue in full force and effect until either this subscription is rejected with respect to all remaining Shares or the Offering is terminated in accordance with Section 2.1. For the avoidance of doubt, in the event that only a portion of this subscription by the Purchaser is accepted ac- cepted or rejected by the Manager, the remaining Shares subscribed for not yet rejected or accepted will remain as such, and the portion of the Subscription Price that was neither accepted nor rejected will remain deposited in the Purchaser’s Xxxxx Account.
Appears in 4 contracts
Samples: Subscription Agreement, Subscription Agreement, Subscription Agreement
Termination of Offering or Rejection of Subscription. 2.13.1. The Offering shall be terminated upon In the earlier of event that (ia) the second anniversary of Company does not effect a Closing on or before the qualification date of which is one year from the Offering Statement being qualified by the U.S. Securities and Exchange Commission (iithe “SEC”), which period may be extended for an additional six (6) any date which months by the Manager elects to terminate the Offering Company in its sole discretion discretion, or (the “Termination Date”). If b) the Offering is terminated by the Company in accordance with this Section 2.1its sole discretion, the Company will cause its payment services provider or the Escrow Agent, as applicable, to refund promptly the Subscription Price paid by the Purchaser, without deduction, offset or interest accrued thereon and this Subscription Agreement shall thereafter be terminated and have of no further force or effect.
2.23.2. The Purchaser understands and agrees that the ManagerCompany, in its sole discretion, reserves the right to accept or reject this or any other subscription for SharesClass B Stock, in whole or in part, and for any reason or no reason, notwithstanding prior receipt by the Purchaser of notice of acceptance of this subscription. If the Manager Company rejects a subscription, either in whole or in partpart (which decision is in its sole discretion), the Purchaser may withdraw Company shall cause its payment services provider or the Escrow Agent, as applicable, to return promptly the rejected Subscription Price related to or the rejected portion of thereof to the subscription from the Purchaser’s Xxxxx Account (as defined below) promptly after notification from the Manager of such rejection Purchaser without deduction, offset or interest accrued thereon. If this subscription by the Purchaser is rejected in whole, whole this Subscription Agreement shall thereafter be terminated and have of no further force or effect. If this subscription is rejected in part, this Subscription Agreement will continue in full force and effect until either to the extent this subscription is rejected with respect to all remaining Shares or the Offering is terminated in accordance with Section 2.1. For the avoidance of doubt, in the event that only a portion of this subscription by the Purchaser is accepted or rejected by the Manager, the remaining Shares subscribed for not yet rejected or accepted will remain as such, and the portion of the Subscription Price that was neither accepted nor rejected will remain deposited in the Purchaser’s Xxxxx Accountaccepted.
Appears in 3 contracts
Samples: Subscription Agreement (Worldwide Stages, Inc.), Subscription Agreement (Worldwide Stages, Inc.), Subscription Agreement (Worldwide Stages, Inc.)
Termination of Offering or Rejection of Subscription. 2.10.0. The Xx the event that the Company does not effect a Closing, this Offering shall be terminated terminate upon the earlier of of: (ia) the second anniversary date which is one year from the Offering being qualified by the U.S. Securities and Exchange Commission (the “SEC”), which period may be extended for an additional six (6) months by PF Advisors, LLC, a Delaware limited liability company, the managing member of the qualification date of Company (the Offering Statement and (ii“Manager”) any date which the Manager elects to terminate the Offering in its sole discretion discretion, or (b) the “Termination Date”). If date that the Offering is terminated by the Manager in accordance with this Section 2.1its sole discretion. Upon termination of the Offering, the Company will cause its payment services provider or the Escrow Agent, as applicable, to refund promptly the Subscription Price paid by the Purchaser, without deduction, offset or interest accrued thereon and this Subscription Agreement shall thereafter be terminated and have of no further force or effect.
2.23.2. The Purchaser understands and agrees that the Manager, in its sole discretion, reserves the right to accept or reject this or any other subscription for SharesClass A Interests, in whole or in part, and for any reason or no reason, notwithstanding prior receipt by the Purchaser of notice of acceptance of this subscription. If the Manager rejects a subscription, either in whole or in partpart (which decision is in its sole discretion), the Purchaser may withdraw Company shall cause its payment services provider or the Escrow Agent, as applicable, to return promptly the rejected Subscription Price related to or the rejected portion of thereof to the subscription from the Purchaser’s Xxxxx Account (as defined below) promptly after notification from the Manager of such rejection Purchaser without deduction, offset or interest accrued thereon. If this subscription by the Purchaser is rejected in whole, whole this Subscription Agreement shall thereafter be terminated and have of no further force or effect. If this subscription is rejected in part, this Subscription Agreement will continue in full force and effect until either to the extent this subscription is rejected with respect to all remaining Shares or the Offering is terminated in accordance with Section 2.1. For the avoidance of doubt, in the event that only a portion of this subscription by the Purchaser is accepted or rejected by the Manager, the remaining Shares subscribed for not yet rejected or accepted will remain as such, and the portion of the Subscription Price that was neither accepted nor rejected will remain deposited in the Purchaser’s Xxxxx Accountaccepted.
Appears in 2 contracts
Samples: Subscription Agreement (Pf Royalty I LLC), Subscription Agreement (Pf Royalty I LLC)
Termination of Offering or Rejection of Subscription. 2.1. The Offering shall be terminated upon 3.1 In the earlier of event that (ia) the second anniversary of Company does not effect the qualification Closing on or before the date of which is one year from the Offering Statement being qualified by the U.S. Securities and Exchange Commission (ii) any date the “SEC”), which period may be extended for an additional six months by the Manager elects to terminate the Offering in its sole discretion discretion, or (the “Termination Date”). If b) the Offering is terminated by the Manager in accordance with this Section 2.1its sole discretion, the Company will cause its payment services provider or the Escrow Agent, as applicable, to refund promptly the Subscription Price paid by the Purchaser, without deduction, offset or interest accrued thereon and this Subscription Agreement shall thereafter be terminated and have of no further force or effect.
2.2. 3.2 The Purchaser understands and agrees that the Manager, in its sole discretion, reserves the right to accept or reject this or any other subscription for SharesSeries #69BM1 Interests, in whole or in part, and for any reason or no reason, notwithstanding prior receipt by the Purchaser of notice of acceptance of this subscription. If the Manager rejects a subscription, either in whole or in partpart (which decision is in its sole discretion), the Purchaser may withdraw Company shall cause its payment services provider or the Escrow Agent, as applicable, to return promptly the rejected Subscription Price related to or the rejected portion of thereof to the subscription from the Purchaser’s Xxxxx Account (as defined below) promptly after notification from the Manager of such rejection Purchaser without deduction, offset or interest accrued thereon. If this subscription by the Purchaser is rejected in whole, whole this Subscription Agreement shall thereafter be terminated and have of no further force or effect. If this subscription is rejected in part, this Subscription Agreement will continue in full force and effect until either to the extent this subscription is rejected with respect to all remaining Shares or the Offering is terminated in accordance with Section 2.1. For the avoidance of doubt, in the event that only a portion of this subscription by the Purchaser is accepted or rejected by the Manager, the remaining Shares subscribed for not yet rejected or accepted will remain as such, and the portion of the Subscription Price that was neither accepted nor rejected will remain deposited in the Purchaser’s Xxxxx Accountaccepted.
Appears in 2 contracts
Samples: Subscription Agreement, Subscription Agreement (RSE Collection, LLC)
Termination of Offering or Rejection of Subscription. 2.10.0. The Xx the event that the Partnership does not effect a Closing, this Offering shall be terminated terminate upon the earlier of of: (ia) the second anniversary date which is one year from the Offering being qualified by the U.S. Securities and Exchange Commission (the “SEC”), which period may be extended for an additional six (6) months by Make a Difference Ventures GP, LLC, a Delaware limited liability company, the managing member of the qualification date of Partnership (the Offering Statement and (ii“General Partner”) any date which the Manager elects to terminate the Offering in its sole discretion discretion, or (b) the “Termination Date”). If date that the Offering is terminated by the General Partner in accordance with this Section 2.1its sole discretion. Upon termination of the Offering, the Partnership will cause its payment services provider or the Escrow Agent, as applicable, to refund promptly the Subscription Price paid by the Purchaser, without deduction, offset or interest accrued thereon and this Subscription Agreement shall thereafter be terminated and have of no further force or effect.
2.23.2. The Purchaser understands and agrees that the ManagerGeneral Partner, in its sole discretion, reserves the right to accept or reject this or any other subscription for SharesClass RA Interest, in whole or in part, and for any reason or no reason, notwithstanding prior receipt by the Purchaser of notice of acceptance of this subscription. If the Manager General Partner rejects a subscription, either in whole or in partpart (which decision is in its sole discretion), the Purchaser may withdraw Partnership shall cause its payment services provider or the Escrow Agent, as applicable, to return promptly the rejected Subscription Price related to or the rejected portion of thereof to the subscription from the Purchaser’s Xxxxx Account (as defined below) promptly after notification from the Manager of such rejection Purchaser without deduction, offset or interest accrued thereon. If this subscription by the Purchaser is rejected in whole, whole this Subscription Agreement shall thereafter be terminated and have of no further force or effect. If this subscription is rejected in part, this Subscription Agreement will continue in full force and effect until either to the extent this subscription is rejected with respect to all remaining Shares or the Offering is terminated in accordance with Section 2.1. For the avoidance of doubt, in the event that only a portion of this subscription by the Purchaser is accepted or rejected by the Manager, the remaining Shares subscribed for not yet rejected or accepted will remain as such, and the portion of the Subscription Price that was neither accepted nor rejected will remain deposited in the Purchaser’s Xxxxx Accountaccepted.
Appears in 2 contracts
Samples: Subscription Agreement (Make a Difference Ventures II Limited Partnership), Subscription Agreement (Make a Difference Ventures II Limited Partnership)
Termination of Offering or Rejection of Subscription. 2.1. The Offering shall be terminated upon In the earlier of event that (ia) the second anniversary of Company does not effect the qualification Closing on or before the date of which is 365 days from the Offering Statement being qualified by the U.S. Securities and Exchange Commission (ii) any date the “SEC”), which period may be extended for an additional 180 days by the Manager elects to terminate the Offering in its sole discretion discretion, or (the “Termination Date”). If b) the Offering is terminated by the Manager in accordance with this Section 2.1its sole discretion, the Company will cause its payment services provider or another similar entity to refund promptly the Subscription Price paid by the Purchaser, without deduction, offset or interest accrued thereon and this Subscription Agreement shall thereafter be terminated and have of no further force or effect.
2.2. The Purchaser understands and agrees that the Manager, in its sole discretion, reserves the right to accept or reject this or any other subscription for Series _______ Shares, in whole or in part, and for any reason or no reason, notwithstanding prior receipt by the Purchaser of notice of acceptance of this subscription. If the Manager rejects a subscription, either in whole or in partpart (which decision is in its sole discretion), the Purchaser may withdraw Company shall cause its payment services provider or another similar entity, as applicable, to return promptly the rejected Subscription Price related to or the rejected portion of thereof to the subscription from the Purchaser’s Xxxxx Account (as defined below) promptly after notification from the Manager of such rejection Purchaser without deduction, offset or interest accrued thereon. If this subscription by the Purchaser is rejected in whole, whole this Subscription Agreement shall thereafter be terminated and have of no further force or effect. If this subscription is rejected in part, this Subscription Agreement will continue in full force and effect until either to the extent this subscription is rejected with respect to all remaining Shares or the Offering is terminated in accordance with Section 2.1. For the avoidance of doubt, in the event that only a portion of this subscription by the Purchaser is accepted or rejected by the Manager, the remaining Shares subscribed for not yet rejected or accepted will remain as such, and the portion of the Subscription Price that was neither accepted nor rejected will remain deposited in the Purchaser’s Xxxxx Accountaccepted.
Appears in 2 contracts
Samples: Subscription Agreement (370 Markets LLC), Subscription Agreement (370 Markets LLC)
Termination of Offering or Rejection of Subscription. 2.13.1. The Offering shall be terminated upon In the earlier of event that (ia) the second anniversary Company does not raise the Minimum and consummate the Closing on or before the date which is one year from commencement of the qualification date of the Offering Statement and Offering, which period may be extended for an additional six (ii6) any date which months by the Manager elects to terminate the Offering in its sole discretion discretion, or (the “Termination Date”). If b) the Offering is terminated by the Manager in accordance with this Section 2.1its sole discretion, the Company will or 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 terminated and have of no further force or effect.
2.23.2. The Purchaser understands and agrees that the Manager, in its sole discretion, reserves the right to accept or reject this or any other subscription for Sharesunits in the Series, in whole or in part, and for any reason or no reason, notwithstanding prior receipt by the Purchaser of notice of acceptance of this subscription. If the Manager rejects a subscription, either in whole or in partpart (which decision is in its sole discretion), the Purchaser may withdraw Company shall or shall cause the Escrow Agent to return promptly the rejected Subscription Price related to or the rejected portion of thereof to the subscription from the Purchaser’s Xxxxx Account (as defined below) promptly after notification from the Manager of such rejection Purchaser without deduction, offset or interest accrued thereon. If this subscription by the Purchaser is rejected in whole, this Subscription Agreement shall thereafter be terminated and have of no further force or effect. If this subscription is rejected in part, this Subscription Agreement will continue in full force and effect until either to the extent this subscription is rejected with respect to all remaining Shares or the Offering is terminated in accordance with Section 2.1. For the avoidance of doubt, in the event that only a portion of this subscription by the Purchaser is accepted or rejected by the Manager, the remaining Shares subscribed for not yet rejected or accepted will remain as such, and the portion of the Subscription Price that was neither accepted nor rejected will remain deposited in the Purchaser’s Xxxxx Accountaccepted.
Appears in 2 contracts
Samples: Subscription Agreement (Every Assets I, LLC), Subscription Agreement (Every Assets I, LLC)
Termination of Offering or Rejection of Subscription. 2.1. The Offering shall be terminated upon the earlier of (i) the second third anniversary of the qualification date of the Offering Statement and (ii) any date which the Manager elects to terminate the Offering in its sole discretion (the “Termination Date”). If the Offering is terminated in accordance with this Section 2.1, this Subscription Agreement shall be terminated and have no further force or effect.
2.2. The Purchaser understands and agrees that the Manager, in its sole discretion, reserves the right to accept or reject this or any other subscription for Shares, in whole or in part, and for any reason or no reason, notwithstanding prior receipt by the Purchaser of notice of acceptance of this subscription. .If the Manager rejects a subscription, either in whole or in part, the Purchaser may withdraw the Subscription Price related to the rejected portion of the subscription from the Purchaser’s Xxxxx Account (as defined below) promptly after notification from the Manager of such rejection without deduction, offset or interest accrued thereon. If this subscription by the Purchaser is rejected in whole, this Subscription Agreement shall be terminated and have no further force or effect. .If this subscription is rejected in part, this Subscription Agreement will continue in full force and effect until either this subscription is rejected with respect to all remaining Shares or the Offering is terminated in accordance with Section 2.1. For the avoidance of doubt, in the event that only a portion of this subscription by the Purchaser is accepted or rejected by the Manager, the remaining Shares subscribed for not yet rejected or accepted will remain as such, and the portion of the Subscription Price that was neither accepted nor rejected will remain deposited in the Purchaser’s Xxxxx Account.
Appears in 1 contract
Termination of Offering or Rejection of Subscription. 2.10.0. The Xx the event that the Company does not effect a Closing, this Offering shall be terminated terminate upon the earlier of of: (ia) the second anniversary date which is one year from the Offering being qualified by the U.S. Securities and Exchange Commission (the “SEC”), which period may be extended for an additional six (6) months by VV Markets, LLC, a Delaware limited liability company, the managing member of the qualification date of Company (the Offering Statement and (ii“Manager”) any date which the Manager elects to terminate the Offering in its sole discretion discretion, or (b) the “Termination Date”). If date that the Offering is terminated by the Manager in accordance with this Section 2.1its sole discretion. Upon termination of the Offering, the Company will cause its payment services provider or the Escrow Agent, as applicable, to refund promptly the Subscription Price paid by the Purchaser, without deduction, offset or interest accrued thereon and this Subscription Agreement shall thereafter be terminated and have of no further force or effect.
2.23.2. The Purchaser understands and agrees that the Manager, in its sole discretion, reserves the right to accept or reject this or any other subscription for SharesVV-_____ Interests, in whole or in part, and for any reason or no reason, notwithstanding prior receipt by the Purchaser of notice of acceptance of this subscription. If the Manager rejects a subscription, either in whole or in partpart (which decision is in its sole discretion), the Purchaser may withdraw Company shall cause its payment services provider or the Escrow Agent, as applicable, to return promptly the rejected Subscription Price related to or the rejected portion of thereof to the subscription from the Purchaser’s Xxxxx Account (as defined below) promptly after notification from the Manager of such rejection Purchaser without deduction, offset or interest accrued thereon. If this subscription by the Purchaser is rejected in whole, whole this Subscription Agreement shall thereafter be terminated and have of no further force or effect. If this subscription is rejected in part, this Subscription Agreement will continue in full force and effect until either to the extent this subscription is rejected with respect to all remaining Shares or the Offering is terminated in accordance with Section 2.1. For the avoidance of doubt, in the event that only a portion of this subscription by the Purchaser is accepted or rejected by the Manager, the remaining Shares subscribed for not yet rejected or accepted will remain as such, and the portion of the Subscription Price that was neither accepted nor rejected will remain deposited in the Purchaser’s Xxxxx Accountaccepted.
Appears in 1 contract
Termination of Offering or Rejection of Subscription. 2.13.1. The In the event that the Company does not effect a Closing, this Offering shall be terminated terminate upon the earlier of (iof:(a) the second anniversary date which is one year from the Offering being qualified by the U.S. Securities and Exchange Commission (the “SEC”), which period may be extended for an additional six (6) months by CS Asset Manager, LLC, a Delaware limited liability company, the managing member of the qualification date of Company (the Offering Statement and (ii“Manager”) any date which the Manager elects to terminate the Offering in its sole discretion discretion, or (b) the “Termination Date”). If date that the Offering is terminated by the Manager in accordance with this Section 2.1its sole discretion. Upon termination of the Offering, the Company will cause its payment services provider or the Escrow Agent, as applicable, to refund promptly the Subscription Price paid by the Purchaser, without deduction, offset or interest accrued thereon and this Subscription Agreement shall thereafter be terminated and have of no further force or effect.
2.23.2. The Purchaser understands and agrees that the Manager, in its sole discretion, reserves the right to accept or reject this or any other subscription for Shares[Name of Series] Interests, in whole or in part, and for any reason or no reason, notwithstanding prior receipt by the Purchaser of notice of acceptance of this subscription. If the Manager rejects a subscription, either in whole or in partpart (which decision is in its sole discretion), the Purchaser may withdraw Company shall cause its payment services provider or the Escrow Agent, as applicable, to return promptly the rejected Subscription Price related to or the rejected portion of thereof to the subscription from the Purchaser’s Xxxxx Account (as defined below) promptly after notification from the Manager of such rejection Purchaser without deduction, offset or interest accrued thereon. If this subscription by the Purchaser is rejected in whole, whole this Subscription Agreement shall thereafter be terminated and have of no further force or effect. If this subscription is rejected in part, this Subscription Agreement will continue in full force and effect until either to the extent this subscription is rejected with respect to all remaining Shares or the Offering is terminated in accordance with Section 2.1. For the avoidance of doubt, in the event that only a portion of this subscription by the Purchaser is accepted or rejected by the Manager, the remaining Shares subscribed for not yet rejected or accepted will remain as such, and the portion of the Subscription Price that was neither accepted nor rejected will remain deposited in the Purchaser’s Xxxxx Accountaccepted.
Appears in 1 contract
Samples: Subscription Agreement (Collectable Sports Assets, LLC)
Termination of Offering or Rejection of Subscription. 2.1. The Offering shall be terminated upon In the earlier of event that (ia) the second anniversary of Company does not effect the qualification Closing on or before the date of which is 120 days from the Offering Statement being qualified by the U.S. Securities and Exchange Commission (ii) any date the “SEC”), which period may be extended for an additional 365 days by the Manager elects to terminate the Offering in its sole discretion discretion, or (the “Termination Date”). If b) the Offering is terminated by the Manager in accordance with this Section 2.1its sole discretion, the Company will cause its escrow account provider or another similar entity to refund promptly the Subscription Price paid by the Purchaser, without deduction, offset or interest accrued thereon and this Subscription Agreement shall thereafter be terminated and have of no further force or effect.
2.2. The Purchaser understands and agrees that the Manager, in its sole discretion, reserves the right to accept or reject this or any other subscription for Series Gravity Shares, in whole or in part, and for any reason or no reason, notwithstanding prior receipt by the Purchaser of notice of acceptance of this subscription. If the Manager rejects a subscription, either in whole or in partpart (which decision is in its sole discretion), the Purchaser may withdraw Company shall cause its payment services provider or another similar entity, as applicable, to return promptly the rejected Subscription Price related to or the rejected portion of thereof to the subscription from the Purchaser’s Xxxxx Account (as defined below) promptly after notification from the Manager of such rejection Purchaser without deduction, offset or interest accrued thereon. If this subscription by the Purchaser is rejected in whole, whole this Subscription Agreement shall thereafter be terminated and have of no further force or effect. If this subscription is rejected in part, this Subscription Agreement will continue in full force and effect until either to the extent this subscription is rejected with respect to all remaining Shares or the Offering is terminated in accordance with Section 2.1. For the avoidance of doubt, in the event that only a portion of this subscription by the Purchaser is accepted or rejected by the Manager, the remaining Shares subscribed for not yet rejected or accepted will remain as such, and the portion of the Subscription Price that was neither accepted nor rejected will remain deposited in the Purchaser’s Xxxxx Accountaccepted.
Appears in 1 contract
Termination of Offering or Rejection of Subscription. 2.1. The Offering shall be terminated upon 3.1 In the earlier of event that (ia) the second anniversary of Company does not effect the qualification Closing on or before the date of which is one year from the Offering Statement being qualified by the U.S. Securities and Exchange Commission (ii) any date the “SEC”), which period may be extended for an additional six months by the Manager elects to terminate the Offering in its sole discretion discretion, or (the “Termination Date”). If b) the Offering is terminated by the Manager in accordance with this Section 2.1its sole discretion, the Company will cause the Escrow Agent to refund the Subscription Price paid by the Purchaser, without deduction, offset or interest accrued thereon and this Subscription Agreement shall thereafter be terminated and have of no further force or effect.
2.2. 3.2 The Purchaser understands and agrees that the Manager, in its sole discretion, reserves the right to accept or reject this or any other subscription for SharesSeries #85FT1 Interests, in whole or in part, and for any reason or no reason, notwithstanding prior receipt by the Purchaser of notice of acceptance of this subscription. If the Manager rejects a subscription, either in whole or in partpart (which decision is in its sole discretion), the Purchaser may withdraw Manager shall cause the Escrow Agent to return the rejected Subscription Price related to or the rejected portion of thereof to the subscription from the Purchaser’s Xxxxx Account (as defined below) promptly after notification from the Manager of such rejection Purchaser without deduction, offset or interest accrued thereon. If this subscription by the Purchaser is rejected in whole, whole this Subscription Agreement shall thereafter be terminated and have of no further force or effect. If this subscription is rejected in part, this Subscription Agreement will continue in full force and effect until either to the extent this subscription is rejected with respect to all remaining Shares or the Offering is terminated in accordance with Section 2.1. For the avoidance of doubt, in the event that only a portion of this subscription by the Purchaser is accepted or rejected by the Manager, the remaining Shares subscribed for not yet rejected or accepted will remain as such, and the portion of the Subscription Price that was neither accepted nor rejected will remain deposited in the Purchaser’s Xxxxx Accountaccepted.
Appears in 1 contract
Termination of Offering or Rejection of Subscription. 2.10.0. The Xx the event that the Company does not effect a Closing, this Offering shall be terminated terminate upon the earlier of of: (ia) the second anniversary date which is one year from the Offering being qualified by the U.S. Securities and Exchange Commission (the “SEC”), which period may be extended for an additional six (6) months by VV Markets, LLC, a Delaware limited liability company, the managing member of the qualification date of Company (the Offering Statement and (ii“Manager”) any date which the Manager elects to terminate the Offering in its sole discretion discretion, or (b) the “Termination Date”). If date that the Offering is terminated by the Manager in accordance with this Section 2.1its sole discretion. Upon termination of the Offering, the Company will cause its payment services provider or the Escrow Agent, as applicable, to refund promptly the Subscription Price paid by the Purchaser, without deduction, offset or interest accrued thereon and this Subscription Agreement shall thereafter be terminated and have of no further force or effect.
2.23.2. The Purchaser understands and agrees that the Manager, in its sole discretion, reserves the right to accept or reject this or any other subscription for SharesVV 0001 Interests, in whole or in part, and for any reason or no reason, notwithstanding prior receipt by the Purchaser of notice of acceptance of this subscription. If the Manager rejects a subscription, either in whole or in partpart (which decision is in its sole discretion), the Purchaser may withdraw Company shall cause its payment services provider or the Escrow Agent, as applicable, to return promptly the rejected Subscription Price related to or the rejected portion of thereof to the subscription from the Purchaser’s Xxxxx Account (as defined below) promptly after notification from the Manager of such rejection Purchaser without deduction, offset or interest accrued thereon. If this subscription by the Purchaser is rejected in whole, whole this Subscription Agreement shall thereafter be terminated and have of no further force or effect. If this subscription is rejected in part, this Subscription Agreement will continue in full force and effect until either to the extent this subscription is rejected with respect to all remaining Shares or the Offering is terminated in accordance with Section 2.1. For the avoidance of doubt, in the event that only a portion of this subscription by the Purchaser is accepted or rejected by the Manager, the remaining Shares subscribed for not yet rejected or accepted will remain as such, and the portion of the Subscription Price that was neither accepted nor rejected will remain deposited in the Purchaser’s Xxxxx Accountaccepted.
Appears in 1 contract
Termination of Offering or Rejection of Subscription. 2.1. The Offering shall be terminated upon 3.1 In the earlier of event that (ia) the second anniversary of Company does not effect the qualification Closing on or before the date of which is one year from the Offering Statement being qualified by the U.S. Securities and Exchange Commission (ii) any date the “SEC”), which period may be extended for an additional six months by the Manager elects to terminate the Offering in its sole discretion discretion, or (the “Termination Date”). If b) the Offering is terminated by the Manager in accordance with this Section 2.1its sole discretion, the Company will cause the Escrow Agent to refund the Subscription Price paid by the Purchaser, without deduction, offset or interest accrued thereon and this Subscription Agreement shall thereafter be terminated and have of no further force or effect.
2.2. 3.2 The Purchaser understands and agrees that the Manager, in its sole discretion, reserves the right to accept or reject this or any other subscription for SharesSeries #88LJ1 Interests, in whole or in part, and for any reason or no reason, notwithstanding prior receipt by the Purchaser of notice of acceptance of this subscription. If the Manager rejects a subscription, either in whole or in partpart (which decision is in its sole discretion), the Purchaser may withdraw Manager shall cause the Escrow Agent to return the rejected Subscription Price related to or the rejected portion of thereof to the subscription from the Purchaser’s Xxxxx Account (as defined below) promptly after notification from the Manager of such rejection Purchaser without deduction, offset or interest accrued thereon. If this subscription by the Purchaser is rejected in whole, whole this Subscription Agreement shall thereafter be terminated and have of no further force or effect. If this subscription is rejected in part, this Subscription Agreement will continue in full force and effect until either to the extent this subscription is rejected with respect to all remaining Shares or the Offering is terminated in accordance with Section 2.1. For the avoidance of doubt, in the event that only a portion of this subscription by the Purchaser is accepted or rejected by the Manager, the remaining Shares subscribed for not yet rejected or accepted will remain as such, and the portion of the Subscription Price that was neither accepted nor rejected will remain deposited in the Purchaser’s Xxxxx Accountaccepted.
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Termination of Offering or Rejection of Subscription. 2.13.1. The Offering shall be terminated upon In the earlier of (i) event that the second anniversary of Company does not effect an initial Closing on or before the qualification date of the Offering Statement and (ii) any date which the Manager elects to terminate the Offering in its sole discretion (the “Termination Date”). If , the Offering is terminated in accordance with this Section 2.1Company 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 terminated and have of no further force or effect.
2.23.2. The Purchaser understands and agrees that the Manager, in its sole discretion, reserves the right to accept or reject this or any other subscription for SharesSeries [*] Interests, in whole or in part, and for any reason or no reason, notwithstanding prior receipt by the Purchaser of notice of acceptance of this subscription. A fully executed subscription agreement will be accepted or rejected by the Manager within 15 days of being received by the series. If the Manager rejects a subscription, either in whole or in partpart (which decision is in its sole discretion), the Purchaser may withdraw Company shall cause the Escrow Agent to return promptly the rejected Subscription Price related to or the rejected portion of thereof to the subscription from the Purchaser’s Xxxxx Account (as defined below) promptly after notification from the Manager of such rejection Purchaser without deduction, offset or interest accrued thereon. If this subscription by the Purchaser is rejected in whole, whole this Subscription Agreement shall thereafter be terminated and have of no further force or effect. If this subscription is rejected in part, this Subscription Agreement will continue in full force and effect until either to the extent this subscription is rejected with respect to all remaining Shares or the Offering is terminated in accordance with Section 2.1. For the avoidance of doubt, in the event that only a portion of this subscription by the Purchaser is accepted or rejected by the Manager, the remaining Shares subscribed for not yet rejected or accepted will remain as such, and the portion of the Subscription Price that was neither accepted nor rejected will remain deposited in the Purchaser’s Xxxxx Accountaccepted.
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Termination of Offering or Rejection of Subscription. 2.10.0. The Xx the event that the Company does not effect a Closing, this Offering shall be terminated terminate upon the earlier of of: (ia) the second anniversary date which is one year from the Offering being qualified by the U.S. Securities and Exchange Commission (the “SEC”), which period may be extended for an additional six (6) months by PF Advisors, LLC, a Delaware limited liability company, the managing member of the qualification date of Company (the Offering Statement and (ii“Manager”) any date which the Manager elects to terminate the Offering in its sole discretion discretion, or (b) the “Termination Date”). If date that the Offering is terminated by the Manager in accordance with this Section 2.1its sole discretion. Upon termination of the Offering, the Company will cause its payment services provider or the Escrow Agent, as applicable, to refund promptly the Subscription Price paid by the Purchaser, without deduction, offset or interest accrued thereon and this Subscription Agreement shall thereafter be terminated and have of no further force or effect.
2.23.2. The Offering is being conducted on an ongoing basis and this Closing is one of multiple closings which the Manager will conduct on a monthly basis. Purchaser understands and agrees that the Manager, in its sole discretion, reserves the right to accept or reject this or any other subscription for SharesClass A Interests, in whole or in part, and for any reason or no reason, notwithstanding prior receipt by the Purchaser of notice of acceptance of this subscription. If the Manager rejects a subscription, either in whole or in partpart (which decision is in its sole discretion), the Purchaser may withdraw Company shall cause the Escrow Agent to return promptly the rejected Subscription Price related to or the rejected portion of thereof to the subscription from the Purchaser’s Xxxxx Account (as defined below) promptly after notification from the Manager of such rejection Purchaser without deduction, offset or interest accrued thereon. If this subscription by the Purchaser is rejected in whole, whole this Subscription Agreement shall thereafter be terminated and have of no further force or effect. If this subscription is rejected in part, this Subscription Agreement will continue in full force and effect until either to the extent this subscription is rejected with respect to all remaining Shares or the Offering is terminated in accordance with Section 2.1. For the avoidance of doubt, in the event that only a portion of this subscription by the Purchaser is accepted or rejected by the Manager, the remaining Shares subscribed for not yet rejected or accepted will remain as such, and the portion of the Subscription Price that was neither accepted nor rejected will remain deposited in the Purchaser’s Xxxxx Accountaccepted.
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Termination of Offering or Rejection of Subscription. 2.13.1. The In the event that the Company does not effect a Closing, this Offering shall be terminated terminate upon the earlier of of: (ia) the second anniversary date which is one year from the Offering being qualified by the U.S. Securities and Exchange Commission (the "SEC"), which period may be extended for an additional six (6) months by VV Markets, LLC, a Delaware limited liability company, the managing member of the qualification date of Company (the Offering Statement and (ii"Manager") any date which the Manager elects to terminate the Offering in its sole discretion discretion, or (b) the “Termination Date”). If date that the Offering is terminated by the Manager in accordance with this Section 2.1its sole discretion. Upon termination of the Offering, the Company will cause its payment services provider or the Escrow Agent, as applicable, to refund promptly the Subscription Price paid by the Purchaser, without deduction, offset or interest accrued thereon and this Subscription Agreement shall thereafter be terminated and have of no further force or effect.
2.23.2. The Purchaser understands and agrees that the Manager, in its sole discretion, reserves the right to accept or reject this or any other subscription for Shares[Name of Series] Interests, in whole or in part, and for any reason or no reason, notwithstanding prior receipt by the Purchaser of notice of acceptance of this subscription. If the Manager rejects a subscription, either in whole or in partpart (which decision is in its sole discretion), the Purchaser may withdraw Company shall cause its payment services provider or the Escrow Agent, as applicable, to return promptly the rejected Subscription Price related to or the rejected portion of thereof to the subscription from the Purchaser’s Xxxxx Account (as defined below) promptly after notification from the Manager of such rejection Purchaser without deduction, offset or interest accrued thereon. If this subscription by the Purchaser is rejected in whole, whole this Subscription Agreement shall thereafter be terminated and have of no further force or effect. If this subscription is rejected in part, this Subscription Agreement will continue in full force and effect until either to the extent this subscription is rejected with respect to all remaining Shares or the Offering is terminated in accordance with Section 2.1. For the avoidance of doubt, in the event that only a portion of this subscription by the Purchaser is accepted or rejected by the Manager, the remaining Shares subscribed for not yet rejected or accepted will remain as such, and the portion of the Subscription Price that was neither accepted nor rejected will remain deposited in the Purchaser’s Xxxxx Accountaccepted.
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Termination of Offering or Rejection of Subscription. 2.13.1. The Offering shall be terminated upon In the earlier of event that (ia) the second anniversary of Company does not effect the qualification Closing on or before the date of which is one year from the Offering Statement being qualified by the U.S. Securities and Exchange Commission (iithe “SEC”), which period may be extended for an additional six (6) any date which months by the Manager elects to terminate the Offering in its sole discretion discretion, or (the “Termination Date”). If b) the Offering is terminated by the Manager in accordance with this Section 2.1its sole discretion, the Company will cause its payment services provider or the Escrow Agent, as applicable, to refund promptly the Subscription Price paid by the Purchaser, without deduction, offset or interest accrued thereon and this Subscription Agreement shall thereafter be terminated and have of no further force or effect.
2.23.2. The Purchaser understands and agrees that the Manager, in its sole discretion, reserves the right to accept or reject this or any other subscription for Shares[Name of Series] Interests, in whole or in part, and for any reason or no reason, notwithstanding prior receipt by the Purchaser of notice of acceptance of this subscription. If the Manager rejects a subscription, either in whole or in partpart (which decision is in its sole discretion), the Purchaser may withdraw Company shall cause its payment services provider or the Escrow Agent, as applicable, to return promptly the rejected Subscription Price related to or the rejected portion of thereof to the subscription from the Purchaser’s Xxxxx Account (as defined below) promptly after notification from the Manager of such rejection Purchaser without deduction, offset or interest accrued thereon. If this subscription by the Purchaser is rejected in whole, whole this Subscription Agreement shall thereafter be terminated and have of no further force or effect. If this subscription is rejected in part, this Subscription Agreement will continue in full force and effect until either to the extent this subscription is rejected with respect to all remaining Shares or the Offering is terminated in accordance with Section 2.1. For the avoidance of doubt, in the event that only a portion of this subscription by the Purchaser is accepted or rejected by the Manager, the remaining Shares subscribed for not yet rejected or accepted will remain as such, and the portion of the Subscription Price that was neither accepted nor rejected will remain deposited in the Purchaser’s Xxxxx Accountaccepted.
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Samples: Subscription Agreement (Collectable Sports Assets, LLC)
Termination of Offering or Rejection of Subscription. 2.13.1. The In the event that the Company does not effect a Closing, this Offering shall be terminated terminate upon the earlier of of: (ia) the second anniversary date which is one year from the Offering being qualified by the U.S. Securities and Exchange Commission (the ?SEC?), which period may be extended for an additional six (6) months by VV Markets, LLC, a Delaware limited liability company, the managing member of the qualification date of Company (the Offering Statement and (ii?Manager?) any date which the Manager elects to terminate the Offering in its sole discretion discretion, or (b) the “Termination Date”). If date that the Offering is terminated by the Manager in accordance with this Section 2.1its sole discretion. Upon termination of the Offering, the Company will cause its payment services provider or the Escrow Agent, as applicable, to refund promptly the Subscription Price paid by the Purchaser, without deduction, offset or interest accrued thereon and this Subscription Agreement shall thereafter be terminated and have of no further force or effect.
2.23.2. The Purchaser understands and agrees that the Manager, in its sole discretion, reserves the right to accept or reject this or any other subscription for Shares[Name of Series] Interests, in whole or in part, and for any reason or no reason, notwithstanding prior receipt by the Purchaser of notice of acceptance of this subscription. If the Manager rejects a subscription, either in whole or in partpart (which decision is in its sole discretion), the Purchaser may withdraw Company shall cause its payment services provider or the Escrow Agent, as applicable, to return promptly the rejected Subscription Price related to or the rejected portion of thereof to the subscription from the Purchaser’s Xxxxx Account (as defined below) promptly after notification from the Manager of such rejection Purchaser without deduction, offset or interest accrued thereon. If this subscription by the Purchaser is rejected in whole, whole this Subscription Agreement shall thereafter be terminated and have of no further force or effect. If this subscription is rejected in part, this Subscription Agreement will continue in full force and effect until either to the extent this subscription is rejected with respect to all remaining Shares or the Offering is terminated in accordance with Section 2.1. For the avoidance of doubt, in the event that only a portion of this subscription by the Purchaser is accepted or rejected by the Manager, the remaining Shares subscribed for not yet rejected or accepted will remain as such, and the portion of the Subscription Price that was neither accepted nor rejected will remain deposited in the Purchaser’s Xxxxx Accountaccepted.
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Termination of Offering or Rejection of Subscription. 2.1. The Offering shall be terminated upon 3.1 In the earlier of event that (ia) the second anniversary of Company does not effect the qualification Closing on or before the date of which is one year from the Offering Statement being qualified by the U.S. Securities and Exchange Commission (ii) any date the “SEC”), which period may be extended for an additional six months by the Manager elects to terminate the Offering in its sole discretion discretion, or (the “Termination Date”). If b) the Offering is terminated by the Manager in accordance with this Section 2.1its sole discretion, the Company will cause the Escrow Agent to refund the Subscription Price paid by the Purchaser, without deduction, offset or interest accrued thereon and this Subscription Agreement shall thereafter be terminated and have of no further force or effect.
2.2. 3.2 The Purchaser understands and agrees that the Manager, in its sole discretion, reserves the right to accept or reject this or any other subscription for SharesSeries #55PS1 Interests, in whole or in part, and for any reason or no reason, notwithstanding prior receipt by the Purchaser of notice of acceptance of this subscription. If the Manager rejects a subscription, either in whole or in partpart (which decision is in its sole discretion), the Purchaser may withdraw Manager shall cause the Escrow Agent to return the rejected Subscription Price related to or the rejected portion of thereof to the subscription from the Purchaser’s Xxxxx Account (as defined below) promptly after notification from the Manager of such rejection Purchaser without deduction, offset or interest accrued thereon. If this subscription by the Purchaser is rejected in whole, whole this Subscription Agreement shall thereafter be terminated and have of no further force or effect. If this subscription is rejected in part, this Subscription Agreement will continue in full force and effect until either to the extent this subscription is rejected with respect to all remaining Shares or the Offering is terminated in accordance with Section 2.1. For the avoidance of doubt, in the event that only a portion of this subscription by the Purchaser is accepted or rejected by the Manager, the remaining Shares subscribed for not yet rejected or accepted will remain as such, and the portion of the Subscription Price that was neither accepted nor rejected will remain deposited in the Purchaser’s Xxxxx Accountaccepted.
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Termination of Offering or Rejection of Subscription. 2.1. The Offering shall be terminated upon the earlier of (i) the second third anniversary of the qualification date of the Offering Statement and (ii) any date which the Manager elects to terminate the Offering in its sole discretion (the “Termination Date”). If the Offering is terminated in accordance with this Section 2.1, this Subscription Agreement shall be terminated and have no further force or effect.
2.2. The Purchaser understands and agrees that the Manager, in its sole discretion, reserves the right to accept or reject this or any other subscription for Shares, in whole or in part, and for any reason or no reason, notwithstanding prior receipt by the Purchaser of notice of acceptance of this subscription. .If the Manager rejects a subscription, either in whole or in part, the Purchaser may withdraw the Subscription Price related to the rejected portion of the subscription from the Purchaser’s Xxxxx Landa Account (as defined below) promptly after notification from the Manager of such rejection without deduction, offset or interest accrued thereon. If this subscription by the Purchaser is rejected in whole, this Subscription Agreement shall be terminated and have no further force or effect. .If this subscription is rejected in part, this Subscription Agreement will continue in full force and effect until either this subscription is rejected with respect to all remaining Shares or the Offering is terminated in accordance with Section 2.1. For the avoidance of doubt, in the event that only a portion of this subscription by the Purchaser is accepted or rejected by the Manager, the remaining Shares subscribed for not yet rejected or accepted will remain as such, and the portion of the Subscription Price that was neither accepted nor rejected will remain deposited in the Purchaser’s Xxxxx Landa Account.
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