Common use of Subsequent Closings Clause in Contracts

Subsequent Closings. After an initial closing of the offering, from time to time upon receipt by the Escrow Agent of additional Subscription Payments and written acceptance of each Subscriber by the Company the Escrow Agent shall disburse all then held Subscription Documents and Subscription Payments to the Company in immediately available funds in accordance with the Company’s instructions.

Appears in 3 contracts

Samples: Subscription Escrow Agreement, Subscription Escrow Agreement (MVP Monthly Income Realty Trust, Inc.), Escrow Agreement (Cienega Creek Holdings, Inc.)

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Subsequent Closings. After an initial closing of the offeringOffering, from time to time upon receipt by the Escrow Agent of additional Subscription Payments and written acceptance of each Subscriber by the Company Company, the Escrow Agent shall disburse one-hundred percent (100%) of all then held Subscription Documents and Subscription Payments to the Company in immediately available funds in accordance with written instructions from both the Company’s instructionsCompany and Dealer Manager.

Appears in 3 contracts

Samples: Escrow Agreement (Klein Retail Centers, Inc.), Escrow Agreement (Klein Retail Centers, Inc.), Escrow Agreement (Klein Retail Centers, Inc.)

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Subsequent Closings. After an initial closing of the offering, from time to time upon receipt by the Escrow Agent of additional Subscription Payments and written acceptance of each Subscriber by the Company the Escrow Agent shall disburse all then held Subscription Documents and Subscription Payments Payments, with interest, to the Company in immediately available funds in accordance with the Company’s written instructions.

Appears in 3 contracts

Samples: Escrow Agreement (Home Treasure Finders, Inc.), Escrow Agreement (Home Treasure Finders, Inc.), Escrow Agreement (Rosewind CORP)

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