Common use of Exchange Procedure Clause in Contracts

Exchange Procedure. I understand that this exchange is subject to each of the following terms and conditions: (a) The Company may reject this exchange for legal reasons, and this exchange shall become binding upon the Company only when accepted, in writing, by the Company. (b) This offer may not be withdrawn by me. (c) The share certificates to be issued and delivered pursuant to this exchange will be issued in the name of and delivered to the undersigned.

Appears in 5 contracts

Sources: Exchange Agreement (Nocera, Inc.), Exchange Agreement (Cannapharmarx, Inc.), Exchange Agreement (Rancher Energy Corp.)

Exchange Procedure. I understand that this exchange is subject to each of the following terms and conditions: (a) The Company may reject this exchange for legal reasonsreasons set forth in the Plan and Agreement of Reorganization, and this exchange shall become binding upon the Company only when accepted, in writing, by the Company. (b) This offer may not be withdrawn by me. (c) The share certificates to be issued and delivered pursuant to this exchange will be issued in the name of and delivered to the undersigned.

Appears in 4 contracts

Sources: Exchange Agreement (Infinity Capital Group, Inc.), Agreement and Plan of Reorganization (Pathobiotek Diagnostics Inc/Tx), Exchange Agreement (Infinity Capital Group, Inc.)

Exchange Procedure. I understand that this exchange is subject to each of the following terms and conditions: (a) The Company may reject this exchange for legal reasons, and this exchange shall become binding upon the Company only when accepted, in writing, by the Company. (b) This offer may not be withdrawn by me. (c) The share certificates to be issued and delivered pursuant to this exchange will be issued in the name of and delivered to the undersigned. 5.

Appears in 1 contract

Sources: Plan and Agreement of Reorganization