Common use of Acceptance Standards and Procedures Clause in Contracts

Acceptance Standards and Procedures. The Companies will not consider any proposed subscription until all Subscription Documents have been completed, signed and delivered. After receipt of all required Subscription Documents with respect to an Investor, the Companies will determine whether they wish to accept the offered subscription. No subscriptions shall be effective unless and until accepted by the Companies. Subscriptions for Shares will be accepted only from subscribers who meet the investor suitability standards set forth in the Memorandum. The minimum required purchase by any Investor shall be 2,000 Shares per Company (20,000 in the aggregate), subject to the right of the Companies in their sole discretion to allow investment in a lesser amount. The Companies reserve the right to reject any subscriptions and to allocate subscriptions received in the event the Shares are oversubscribed.

Acceptance Standards and Procedures. The Companies Company will not consider any proposed subscription until all of a prospective Investor's Subscription Documents have been completed, signed and delivered. After receipt of all required Subscription Documents with respect to an Investor, the Companies Company will determine whether they wish or not to accept the offered subscription. No subscriptions shall be effective unless and until accepted by the CompaniesCompany. Subscriptions for Shares Common Stock will be accepted only from subscribers who meet the investor suitability standards set forth in the MemorandumMemorandum and the Subscription Documents. The minimum required purchase by any Investor shall be 2,000 Shares per Company (20,000 in the aggregate)80,000 Common Stock, subject to the right of the Companies Company in their its sole discretion to allow investment in a lesser amount. The Companies reserve Company reserves the right to reject any subscriptions and to allocate subscriptions received in the event the Shares shares of Common Stock are oversubscribed.

Acceptance Standards and Procedures. The Companies Company will not consider any proposed subscription until all of a prospective Investor's Subscription Documents have been completed, signed and delivered. After receipt of all required Subscription Documents with respect to an Investor, the Companies Company will determine whether they wish to accept the offered subscription. No subscriptions shall be effective unless and until accepted by the CompaniesCompany. Subscriptions for Preferred Shares will be accepted only from subscribers who meet the investor suitability standards set forth in the MemorandumMemorandum and the Subscription Documents. The minimum required purchase by any Investor shall be 2,000 Shares per Company (20,000 in the aggregate)10,000 Preferred Shares, subject to the right of the Companies Company in their its sole discretion to allow investment in a lesser amount. The Companies reserve Company reserves the right to reject any subscriptions and to allocate subscriptions received in the event the Preferred Shares are oversubscribed.