Common use of Electronic Delivery of Information Clause in Contracts

Electronic Delivery of Information. Subscriber and the Company each hereby agrees that all current and future notices, confirmations and other communications regarding this Agreement, the Operating Agreement and future communications in general between the parties, may be made by email, sent to the email address of record as set forth in this Agreement or as otherwise from time to time changed or updated and disclosed to the other party, without necessity of confirmation of receipt, delivery or reading, and such form of electronic communication is sufficient for all matters regarding the relationship between the parties. If any such electronically sent communication fails to be received for any reason, including but not limited to such communications being diverted to the recipient’s spam filters by the recipient’s email service provider, or due to a recipient’s change of address, or due to technology issues by the recipient’s service provider, the parties agree that the burden of such failure to receive is on the recipient and not the sender, and that the sender is under no obligation to resend communications via any other means, including but not limited to postal service or overnight courier, and that such communications shall for all purposes, including legal and regulatory, be deemed to have been delivered and received. No physical, paper documents will be sent to you, and if you desire physical documents then you agree to be satisfied by directly and personally printing, at your own expense, the electronically sent communication(s) and maintaining such physical records in any manner or form that you desire. The Subscriber acknowledges and agrees that (1) the Company will be relying upon the information provided by the Subscriber in the Subscription Agreement, including the information provided in the attached Investor Qualification and Attestation, and (2) the information is true and accurate. If such information shall cease to be true and accurate in any respect, the undersigned shall give immediate notice of such fact to the Company. Individuals: Please sign the Primary Signatory Line.

Appears in 2 contracts

Sources: Subscription Agreement (aShareX Fine Art, LLC), Subscription Agreement (aShareX Fine Art, LLC)

Electronic Delivery of Information. Subscriber and the Company Series each hereby agrees that all current and future notices, confirmations and other communications regarding this Agreement, the Operating Agreement and future communications in general between the parties, may be made by email, sent to the email address of record as set forth in this Agreement or as otherwise from time to time changed or updated and disclosed to the other party, without necessity of confirmation of receipt, delivery or reading, and such form of electronic communication is sufficient for all matters regarding the relationship between the parties. If any such electronically sent communication fails to be received for any reason, including but not limited to such communications being diverted to the recipient’s recipients spam filters by the recipient’s recipients email service provider, or due to a recipient’s change of address, or due to technology issues by the recipient’s recipients service provider, the parties agree that the burden of such failure to receive is on the recipient and not the sender, and that the sender is under no obligation to resend communications via any other means, including but not limited to postal service or overnight courier, and that such communications shall for all purposes, including legal and regulatory, be deemed to have been delivered and received. No physical, paper documents will be sent to you, and if you desire physical documents then you agree to be satisfied by directly and personally printing, at your own expense, the electronically sent communication(s) and maintaining such physical records in any manner or form that you desire. The IN WITNESS WHEREOF, Subscriber or its duly authorized representative has electronically executed and delivered this Subscription Agreement by clicking “I Agree” above and acknowledges and agrees that (1) the Company will be relying upon all of the information provided by the Subscriber in the Subscription Agreement, including the information provided in the attached Investor Qualification and Attestation, and (2) the information below is true and accuratecorrect. If such information shall cease I am a U.S. citizen or other U.S. person, by clicking “I Agree” I, Subscriber, also certify and sign under penalty of perjury, all of the tax certifications set forth in Annex B. (The Internal Revenue Service does not require your consent to any provision of this document other than the certifications required to avoid backup withholding in Annex B.) [By clicking “I Agree” I, Subscriber, have executed this Agreement intending to be true and accurate in any respectlegally bound] (Signature of subscriber or authorized officer) SERIES [*], the undersigned shall give immediate notice of such fact to the Company. IndividualsA SERIES OF MASTERWORKS VAULT 4, LLC By: Please sign the Primary Signatory Line.Name: Title: Chief Executive Officer Masterworks Vault 4, LLC Attn: General Counsel 2▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇, New York, NY 10281 (▇▇▇) ▇▇▇-▇▇▇▇

Appears in 2 contracts

Sources: Subscription Agreement (Masterworks Vault 4, LLC), Subscription Agreement (Masterworks Vault 4, LLC)

Electronic Delivery of Information. Subscriber and the Company Series each hereby agrees that all current and future notices, confirmations and other communications regarding this Agreement, the Operating Agreement and future communications in general between the parties, may be made by email, sent to the email address of record as set forth in this Agreement or as otherwise from time to time changed or updated and disclosed to the other party, without necessity of confirmation of receipt, delivery or reading, and such form of electronic communication is sufficient for all matters regarding the relationship between the parties. If any such electronically sent communication fails to be received for any reason, including but not limited to such communications being diverted to the recipient’s recipients spam filters by the recipient’s recipients email service provider, or due to a recipient’s change of address, or due to technology issues by the recipient’s recipients service provider, the parties agree that the burden of such failure to receive is on the recipient and not the sender, and that the sender is under no obligation to resend communications via any other means, including but not limited to postal service or overnight courier, and that such communications shall for all purposes, including legal and regulatory, be deemed to have been delivered and received. No physical, paper documents will be sent to you, and if you desire physical documents then you agree to be satisfied by directly and personally printing, at your own expense, the electronically sent communication(s) and maintaining such physical records in any manner or form that you desire. The IN WITNESS WHEREOF, Subscriber or its duly authorized representative has electronically executed and delivered this Subscription Agreement by clicking “I Agree” above and acknowledges and agrees that (1) the Company will be relying upon all of the information provided by the Subscriber in the Subscription Agreement, including the information provided in the attached Investor Qualification and Attestation, and (2) the information below is true and accuratecorrect. If such information shall cease I am a U.S. citizen or other U.S. person, by clicking “I Agree” I, Subscriber, also certify and sign under penalty of perjury, all of the tax certifications set forth in Annex B. (The Internal Revenue Service does not require your consent to any provision of this document other than the certifications required to avoid backup withholding in Annex B.) [By clicking “I Agree” I, Subscriber, have executed this Agreement intending to be true and accurate in any respectlegally bound] (Signature of subscriber or authorized officer) SERIES [*], the undersigned shall give immediate notice of such fact to the Company. IndividualsA SERIES OF MASTERWORKS VAULT [ ], LLC By: Please sign the Primary Signatory Line.Name: Title: Chief Executive Officer Masterworks Vault [ ], LLC Attn: General Counsel 2▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇, New York, NY 10281 (▇▇▇) ▇▇▇-▇▇▇▇

Appears in 2 contracts

Sources: Subscription Agreement (Masterworks Vault 2, LLC), Subscription Agreement (Masterworks Vault 1, LLC)

Electronic Delivery of Information. Subscriber and the Company each hereby agrees that all current and future notices, confirmations and other communications regarding this Agreement, the Operating Agreement and future communications in general between the parties, may be made by email, sent to the email address of record as set forth in this Agreement or as otherwise from time to time changed or updated and disclosed to the other party, without necessity of confirmation of receipt, delivery or reading, and such form of electronic communication is sufficient for all matters regarding the relationship between the parties. If any such electronically sent communication fails to be received for any reason, including but not limited to such communications being diverted to the recipient’s recipients spam filters by the recipient’s recipients email service provider, or due to a recipient’s change of address, or due to technology issues by the recipient’s service provider, the parties agree that the burden of such failure to receive is on the recipient and not the sender, and that the sender is under no obligation to resend communications via any other means, including but not limited to postal service or overnight courier, and that such communications shall for all purposes, including legal and regulatory, be deemed to have been delivered and received. No physical, paper documents will be sent to you, and if you desire physical documents then you agree to be satisfied by directly and personally printing, at your own expense, the electronically sent communication(s) and maintaining such physical records in any manner or form that you desire. The undersigned Subscriber acknowledges and agrees that (1) the Company will be relying upon the information provided by the Subscriber in the Subscription Agreement, including the information provided in the attached Investor Qualification and Attestation, and (2) the information is true and accurate. If such information shall cease to be true and accurate in any respect, the undersigned shall give immediate notice of such fact to the Company. IndividualsIf the Subscriber is an INDIVIDUAL (including if purchased as JOINT TENANTS, in which case the Joint Tenants need to individually sign): If the Subscriber is a PARTNERSHIP, CORPORATION, LIMITED LIABILITY COMPANY, TRUST OR OTHER FORM OF LEGAL ENTITY: Please sign By1 Name: Title: __________________________ 1 By signing this signature page on behalf of a legal entity, the Primary Signatory Line.signatory represents that he or she is a controlling person or trustee, respectively. Last name Date of Birth Entity Name (If Applicable) Address Phone Number E-mail Address Check the applicable box: (a) I am an “Accredited Investor,” and have checked the appropriate box on the attached Certificate of Accredited Investor Status indicating the basis of such Accredited Investor status, which status is true and correct; or (b) The amount set forth on the first page of this Subscription Agreement, together with any previous investments in securities in the Company, does not exceed 10% of the greater of my net worth2 or annual income. __________________________ 2 In calculating your net worth, if an individual: (i) your primary residence shall not be included as an asset; (ii) indebtedness that is secured by your primary residence, up to the estimated fair market value of the primary residence at the time of entering into this Subscription Agreement, shall not be included as a liability (except that if the amount of such indebtedness outstanding at the time of entering into this Subscription Agreement exceeds the amount outstanding 60 days before such time, other than as a result of the acquisition of the primary residence, the amount of such excess shall be included as a liability); and (iii) indebtedness that is secured by your primary residence in excess of the estimated fair market value of the primary residence at the time of entering into this Subscription Agreement shall be included as a liability. If yes, (i) please provide name of the FINRA institution and (ii) your Social Security # or Tax ID# Last name Date of Birth Address Phone Number E-mail Address Social Security # or Tax ID# Last name Date of Birth Entity Name Address Phone Number E-mail Address Social Security # or Tax ID# Last name Date of Birth Entity Name Address Phone Number E-mail Address Social Security # or Tax ID# Last name Date of Birth Entity Name Address Phone Number E-mail Address Social Security # or Tax ID# Last name Date of Birth Entity Name Address Phone Number E-mail Address Social Security # or Tax ID# Last name Date of Birth Entity Name Address Phone Number E-mail Address Social Security # or Tax ID# The signatory hereto is an “accredited investor”, as that term is defined in Regulation D under the Securities Act of 1933, as amended (the “Act”). I have checked the box below indicating the basis on which I am representing my status as an “accredited investor”: A natural person whose net worth3, either individually or jointly with such person’s spouse, at the time of such person’s purchase of the applicable securities, exceeds $1,000,000; A natural person who had individual income in excess of $200,000, or joint income with your spouse in excess of $300,000, in the previous two calendar years and reasonably expects to reach the same income level in the current calendar year; A director or executive officer of the Company, the Managing Member, the Asset Manager, or aShareX, Inc.; A bank as defined in section 3(a)(2) of the Act, or any savings and loan association or other institution as defined in section 3(a)(5)(A) of the Act whether acting in its individual or fiduciary capacity; any broker or dealer registered pursuant to section 15 of the Securities Exchange Act of 1934; any insurance company as defined in section 2(a)(13) of the Act; any investment company registered under the Investment Company Act of 1940 or a business development company as defined in section 2(a)(48) of that Act; any Small Business Investment Company licensed by the U.S. Small Business Administration under section 301(c) or (d) of the Small Business Investment Act of 1958; any plan established and maintained by a state, its political subdivisions, or any agency or instrumentality of a state or its political subdivisions, for the benefit of its employees, if such plan has total assets in excess of $5,000,000; any employee benefit plan within the meaning of the Employee Retirement Income Security Act of 1974 if the investment decision is made by a plan fiduciary, as defined in section 3(21) of such act, which is either a bank, savings and loan association, insurance company, or registered investment adviser, or if the employee benefit plan has total assets in excess of $5,000,000 or, if a self-directed plan, with investment decisions made solely by persons that are accredited investors;

Appears in 1 contract

Sources: Subscription Agreement (aShareX Series LLC)

Electronic Delivery of Information. Subscriber and the Company each hereby agrees that all current and future notices, confirmations and other communications regarding this Agreement, the Operating Agreement and future communications in general between the parties, may be made by emaile-mail, sent to the email e-mail address of record as set forth in this Agreement or as otherwise from time to time changed or updated and disclosed to the other party, without necessity of confirmation of receipt, delivery or reading, and such form of electronic communication is sufficient for all matters regarding the relationship between the parties. If any such electronically sent communication fails to be received for any reason, including but not limited to such communications being diverted to the recipient’s recipients spam filters by the recipient’s recipients email service provider, or due to a recipient’s change of address, or due to technology issues by the recipient’s recipients service provider, the parties agree that the burden of such failure to receive is on the recipient and not the sender, and that the sender is under no obligation to resend communications via any other means, including but not limited to postal service or overnight courier, and that such communications shall for all purposes, including legal and regulatory, be deemed to have been delivered and received. No physical, paper documents will be sent to you, and if you desire physical documents then you agree to be satisfied by directly and personally printing, at your own expense, the electronically sent communication(s) and maintaining such physical records in any manner or form that you desire. The IN WITNESS WHEREOF, Subscriber or its duly authorized representative has electronically executed and delivered this Subscription Agreement by clicking “I Agree” above and acknowledges and agrees that (1) the Company will be relying upon all of the information provided by the Subscriber in the Subscription Agreement, including the information provided in the attached Investor Qualification and Attestation, and (2) the information below is true and accurate. If such information shall cease to be true and accurate in any respect, the undersigned shall give immediate notice of such fact to the Company. Individuals: Please sign the Primary Signatory Linecorrect.

Appears in 1 contract

Sources: Subscription Agreement

Electronic Delivery of Information. Subscriber and the Company Series each hereby agrees that all current and future notices, confirmations and other communications regarding this Agreement, the Operating Agreement and future communications in general between the parties, may be made by email, sent to the email address of record as set forth in this Agreement or as otherwise from time to time changed or updated and disclosed to the other party, without necessity of confirmation of receipt, delivery or reading, and such form of electronic communication is sufficient for all matters regarding the relationship between the parties. If any such electronically sent communication fails to be received for any reason, including but not limited to such communications being diverted to the recipient’s recipients spam filters by the recipient’s recipients email service provider, or due to a recipient’s change of address, or due to technology issues by the recipient’s recipients service provider, the parties agree that the burden of such failure to receive is on the recipient and not the sender, and that the sender is under no obligation to resend communications via any other means, including but not limited to postal service or overnight courier, and that such communications shall for all purposes, including legal and regulatory, be deemed to have been delivered and received. No physical, paper documents will be sent to you, and if you desire physical documents then you agree to be satisfied by directly and personally printing, at your own expense, the electronically sent communication(s) and maintaining such physical records in any manner or form that you desire. The IN WITNESS WHEREOF, Subscriber or its duly authorized representative has electronically executed and delivered this Subscription Agreement by clicking “I Agree” above and acknowledges and agrees that (1) the Company will be relying upon all of the information provided by the Subscriber in the Subscription Agreement, including the information provided in the attached Investor Qualification and Attestation, and (2) the information below is true and accuratecorrect. If such information shall cease I am a U.S. citizen or other U.S. person, by clicking “I Agree” I, Subscriber, also certify and sign under penalty of perjury, all of the tax certifications set forth in Annex B. (The Internal Revenue Service does not require your consent to any provision of this document other than the certifications required to avoid backup withholding in Annex B.) [By clicking “I Agree” I, Subscriber, have executed this Agreement intending to be true and accurate in any respectlegally bound] (Signature of subscriber or authorized officer) SERIES [*], the undersigned shall give immediate notice of such fact to the Company. IndividualsA SERIES OF MASTERWORKS VAULT 2, LLC By: Please sign the Primary Signatory Line.Name: Title: Chief Executive Officer Masterworks Vault 2, LLC Attn: General Counsel 2▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇, New York, NY 10281 (▇▇▇) ▇▇▇-▇▇▇▇

Appears in 1 contract

Sources: Subscription Agreement (Masterworks Vault 2, LLC)

Electronic Delivery of Information. Subscriber and the Company Series each hereby agrees that all current and future notices, confirmations and other communications regarding this Agreement, the Operating Agreement and future communications in general between the parties, may be made by email, sent to the email address of record as set forth in this Agreement or as otherwise from time to time changed or updated and disclosed to the other party, without necessity of confirmation of receipt, delivery or reading, and such form of electronic communication is sufficient for all matters regarding the relationship between the parties. If any such electronically sent communication fails to be received for any reason, including but not limited to such communications being diverted to the recipient’s recipients spam filters by the recipient’s recipients email service provider, or due to a recipient’s change of address, or due to technology issues by the recipient’s recipients service provider, the parties agree that the burden of such failure to receive is on the recipient and not the sender, and that the sender is under no obligation to resend communications via any other means, including but not limited to postal service or overnight courier, and that such communications shall for all purposes, including legal and regulatory, be deemed to have been delivered and received. No physical, paper documents will be sent to you, and if you desire physical documents then you agree to be satisfied by directly and personally printing, at your own expense, the electronically sent communication(s) and maintaining such physical records in any manner or form that you desire. The IN WITNESS WHEREOF, Subscriber or its duly authorized representative has electronically executed and delivered this Subscription Agreement by clicking “I Agree” above and acknowledges and agrees that (1) the Company will be relying upon all of the information provided by the Subscriber in the Subscription Agreement, including the information provided in the attached Investor Qualification and Attestation, and (2) the information below is true and accuratecorrect. If such information shall cease I am a U.S. citizen or other U.S. person, by clicking “I Agree” I, Subscriber, also certify and sign under penalty of perjury, all of the tax certifications set forth in Annex B. (The Internal Revenue Service does not require your consent to any provision of this document other than the certifications required to avoid backup withholding in Annex B.) [By clicking “I Agree” I, Subscriber, have executed this Agreement intending to be true and accurate in any respectlegally bound] (Signature of subscriber or authorized officer) SERIES [*], the undersigned shall give immediate notice of such fact to the Company. IndividualsA SERIES OF MASTERWORKS VAULT 1, LLC By: Please sign the Primary Signatory Line.Name: Title: Chief Executive Officer Masterworks Vault 1, LLC Attn: General Counsel 2▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇, New York, NY 10281 (▇▇▇) ▇▇▇-▇▇▇▇

Appears in 1 contract

Sources: Subscription Agreement (Masterworks Vault 1, LLC)

Electronic Delivery of Information. Subscriber and the Company Series each hereby agrees that all current and future notices, confirmations and other communications regarding this Agreement, the Operating Agreement and future communications in general between the parties, may be made by email, sent to the email address of record as set forth in this Agreement or as otherwise from time to time changed or updated and disclosed to the other party, without necessity of confirmation of receipt, delivery or reading, and such form of electronic communication is sufficient for all matters regarding the relationship between the parties. If any such electronically sent communication fails to be received for any reason, including but not limited to such communications being diverted to the recipient’s recipients spam filters by the recipient’s recipients email service provider, or due to a recipient’s change of address, or due to technology issues by the recipient’s recipients service provider, the parties agree that the burden of such failure to receive is on the recipient and not the sender, and that the sender is under no obligation to resend communications via any other means, including but not limited to postal service or overnight courier, and that such communications shall for all purposes, including legal and regulatory, be deemed to have been delivered and received. No physical, paper documents will be sent to you, and if you desire physical documents then you agree to be satisfied by directly and personally printing, at your own expense, the electronically sent communication(s) and maintaining such physical records in any manner or form that you desire. The IN WITNESS WHEREOF, Subscriber or its duly authorized representative has electronically executed and delivered this Subscription Agreement by clicking “I Agree” above and acknowledges and agrees that (1) the Company will be relying upon all of the information provided by the Subscriber in the Subscription Agreement, including the information provided in the attached Investor Qualification and Attestation, and (2) the information below is true and accuratecorrect. If such information shall cease I am a U.S. citizen or other U.S. person, by clicking “I Agree” I, Subscriber, also certify and sign under penalty of perjury, all of the tax certifications set forth in Annex B. (The Internal Revenue Service does not require your consent to any provision of this document other than the certifications required to avoid backup withholding in Annex B.) [By clicking “I Agree” I, Subscriber, have executed this Agreement intending to be true and accurate in any respectlegally bound] (Signature of subscriber or authorized officer) SERIES [*], the undersigned shall give immediate notice of such fact to the Company. IndividualsA SERIES OF MASTERWORKS VAULT 1, LLC By: Please sign the Primary Signatory Line.Name: Title: Chief Executive Officer Masterworks VAULT 1, LLC Attn: General Counsel 225 ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇, New York, NY 10281 (▇▇▇) ▇▇▇-▇▇▇▇

Appears in 1 contract

Sources: Subscription Agreement (Masterworks Vault 1, LLC)