Common use of Cancellation of Subscriptions Clause in Contracts

Cancellation of Subscriptions. (a) The Company may reject or cancel any Investor’s offer to purchase Securities (the “Subscription”), in whole or in part. If all or any portion of the Total Purchase Price for such rejected or canceled Subscription has been delivered to the Escrow Agent, then the Company or its Intermediary will inform Escrow Agent in writing of the rejection or cancellation, and instruct Escrow Agent in writing in the form of Exhibit “C” attached hereto to refund some or all of the Escrow Funds. Such instruction must be made and delivered in compliance with all applicable state and federal rules and regulations, including, but not limited to, the Securities Act and signed by an Authorized Representative of the Company or authorized representative of the Intermediary.

Appears in 6 contracts

Sources: Tri Party Escrow Agreement (Damon Inc.), Tri Party Escrow Agreement (Damon Inc.), Tri Party Escrow Agreement (Commune Omni Fund, LLC)

Cancellation of Subscriptions. (a) The Company may reject or cancel any Investor’s offer to purchase Securities (the “Subscription”), in whole or in part. If all or any portion of the Total Purchase Price for such rejected or canceled Subscription has been delivered to the Escrow Agent, then the Company or its Intermediary oritsIntermediary will inform Escrow ▇▇▇▇▇▇ Agent in writing of the rejection or cancellation, and instruct Escrow Agent in writing in the form of Exhibit “C” attached hereto to refund some or all of the Escrow Funds. Such instruction must be made and delivered in compliance with all applicable state and federal rules and regulations, including, but not limited to, the Securities Act and signed by an Authorized Representative of the Company or authorized representative of the Intermediary.

Appears in 5 contracts

Sources: Tri Party Escrow Agreement (Med-X, Inc.), Tri Party Escrow Agreement (Med-X, Inc.), Escrow Agreement

Cancellation of Subscriptions. (a) The Company may reject or cancel any Investor’s 's offer to purchase Securities (the "Subscription"), in whole or in part. If all or any portion of the Total Purchase Price for such rejected or canceled Subscription has been delivered to the Escrow Agent, then the Company or its Intermediary will inform Escrow Agent in writing of the rejection or cancellation, and instruct Escrow Agent in writing in the form of Exhibit "C" attached hereto to refund some or all of the Escrow Funds. Such instruction must be made and delivered in compliance with all applicable state and federal rules and regulations, including, but not limited to, the Securities Act and signed by an Authorized Representative of the Company or authorized representative of the Intermediary.

Appears in 2 contracts

Sources: Tri Party Escrow Agreement (Starfighters Space, Inc.), Escrow Agreement (Starfighters Space, Inc.)

Cancellation of Subscriptions. (a) The Company may reject or cancel any Investor’s offer to purchase Securities (the “Subscription”), in whole or in part. If all or any portion of the Total Purchase Price for such any Investor’s Subscription is rejected or canceled Subscription has been delivered to the Escrow Agentcanceled, then the Company or its Intermediary will inform Escrow ▇▇▇▇▇▇ Agent in writing of the rejection or cancellation, cancellation and instruct Escrow Agent in writing in the form of Exhibit “C” attached hereto to refund some or all of the Escrow FundsFunds deposited by such Investor in the Escrow Account. Such instruction must be made and delivered in compliance with all applicable state and federal rules and regulations, including, but not limited to, the Securities Act Act, and signed by an Authorized Representative of the Company or authorized representative of the Intermediary.

Appears in 1 contract

Sources: Escrow Agreement (Newsmax Inc.)