Common use of APPOINTMENT OF BANK Clause in Contracts

APPOINTMENT OF BANK. The Bank is hereby appointed Escrow Agent to hold and dispose of all funds paid by subscribers for Interests or reservations for such Interests, as hereinafter provided.

Appears in 5 contracts

Samples: Escrow Agreement (PDC 2000 Drilling Program), Escrow Agreement (Reef Global Energy Ventures), Escrow Agreement (PDC 1996-1997 Drilling Fund)

AutoNDA by SimpleDocs

APPOINTMENT OF BANK. The Bank is hereby appointed Escrow Agent to hold and dispose of all funds paid by subscribers ("Escrow Funds") for Interests Units or reservations for such InterestsUnits, as hereinafter provided.

Appears in 4 contracts

Samples: Escrow Agreement (Crown Energy Fund I Lp), Escrow Agreement (Reef Global Energy Ventures II), Escrow Agreement (Reef 2007-2009 Drilling Program)

APPOINTMENT OF BANK. The Bank is hereby appointed Escrow Agent to hold and dispose of all funds paid by subscribers (“Escrow Funds”) for Interests Units or reservations for such InterestsUnits, as hereinafter provided.

Appears in 3 contracts

Samples: Escrow Agreement (Reef Oil & Gas Drilling & Income Fund, L.P.), Escrow Agreement (Reef Oil & Gas Drilling & Income Fund, L.P.), Escrow Agreement (Reef 2012 - 2013 Drilling Fund, L.P.)

APPOINTMENT OF BANK. The Bank is hereby appointed Escrow Agent to hold and dispose of all funds paid by subscribers (“ Escrow Funds “) for Interests Units or reservations for such InterestsUnits, as hereinafter provided.

Appears in 1 contract

Samples: Escrow Agreement (Crown Exploration Fund I, L.P.)

AutoNDA by SimpleDocs

APPOINTMENT OF BANK. The Bank is hereby appointed Escrow Agent to hold and dispose of all funds paid by subscribers (“Escrow Funds “) for Interests Units or reservations for such InterestsUnits, as hereinafter provided.

Appears in 1 contract

Samples: Escrow Agreement (Crown Exploration Fund I, L.P.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!