Common use of Deposit of Escrow Fund Clause in Contracts

Deposit of Escrow Fund. The Escrow Agent shall establish an account in the name of UBS PW Technology Partners, L.L.C., Escrow Account for the Benefit of Investors (the "Subscription Account") and an account in the name of UBS PW Technology Partners, L.L.C. Repurchase Account (the "Repurchase Account" and, together with the Subscription Account, the "Accounts"). The Escrow Agent shall promptly deposit in the Subscription Account checks remitted by Potential Investors and made payable to UBS PW Technology Partners, L.L.C. Potential Investors also may deposit monies in the Subscription Account by wire transfer pursuant to instructions provided to them by the Fund or by amounts wire transferred from brokerage accounts at UBS PaineWebber Inc. Balances on deposit in the Subscription Account will earn interest at prevailing market rates pursuant to arrangements approved by the Fund.

Appears in 1 contract

Samples: Escrow Agreement (Ubs Pw Technology Partners LLC)

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Deposit of Escrow Fund. The Escrow Agent shall establish an account in the name of UBS PW Technology PartnersAspen Fund, L.L.C., Escrow Account for the Benefit of Investors (the "Subscription Account") and an account in the name of UBS PW Technology PartnersAspen Fund, L.L.C. Repurchase Account (the "Repurchase Account" ") and, together with the Subscription Account, the "Accounts"). The Escrow Agent shall promptly deposit in the Subscription Account checks remitted by Potential Investors and made payable to UBS PW Technology PartnersAspen Fund, L.L.C. Potential Investors also may deposit monies in the Subscription Account by wire transfer pursuant to instructions provided to them by the Fund or by amounts wire transferred from brokerage accounts at UBS PaineWebber Inc. Incorporated. Balances on deposit in the Subscription Account will earn interest at prevailing market rates pursuant to arrangements approved by the Fund.

Appears in 1 contract

Samples: Escrow Agreement (Pw Aspen Fund LLC)

Deposit of Escrow Fund. The Escrow Agent shall establish an account in the name of UBS PW Technology PartnersMulti-Strat Fund, L.L.C., Escrow Account for the Benefit of Investors (the "Subscription Account") and an account in the name of UBS PW Technology PartnersMulti-Strat Fund, L.L.C. Repurchase Account (the "Repurchase Account" and, together with the Subscription Account, the "Accounts"). The Escrow Agent shall promptly deposit in the Subscription Account checks remitted by Potential Investors and made payable to UBS PW Technology PartnersMulti-Strat Fund, L.L.C. Potential Investors also may deposit monies in the Subscription Account by wire transfer pursuant to instructions provided to them by the Fund or by amounts wire transferred from brokerage accounts at UBS PaineWebber Financial Services Inc. Balances on deposit in the Subscription Account will earn interest at prevailing market rates pursuant to arrangements approved by the Fund.

Appears in 1 contract

Samples: Escrow Agreement (Ubs M3 Fund LLC)

Deposit of Escrow Fund. The Escrow Agent shall establish an account in the name of UBS PW Technology PartnersEquity Opportunity Fund, L.L.C., Escrow Account for the Benefit of Investors (the "Subscription Account") and an account in the name of UBS PW Technology PartnersEquity Opportunity Fund, L.L.C. Repurchase Account (the "Repurchase Account" ") and, together with the Subscription Account, the "Accounts"). The Escrow Agent shall promptly deposit in the Subscription Account checks remitted by Potential Investors and made payable to UBS PW Technology PartnersEquity Opportunity Fund, L.L.C. Potential Investors also may deposit monies in the Subscription Account by wire transfer pursuant to instructions provided to them by the Fund or by amounts wire transferred from brokerage accounts at UBS PaineWebber Inc. Incorporated. Balances on deposit in the Subscription Account will earn interest at prevailing market rates pursuant to arrangements approved by the Fund.

Appears in 1 contract

Samples: Escrow Agreement (Pw Equity Opportunity Fund LLC)

Deposit of Escrow Fund. The Escrow Agent shall establish an account in the name of UBS PW Technology PartnersM2 Fund, L.L.C., Escrow Account for the Benefit of Investors (the "Subscription Account") and an account in the name of UBS PW Technology PartnersM2 Fund, L.L.C. Repurchase Account (the "Repurchase Account" and, together with the Subscription Account, the "Accounts"). The Escrow Agent shall promptly deposit in the Subscription Account checks remitted by Potential Investors and made payable to UBS PW Technology PartnersM2 Fund, L.L.C. Potential Investors also may deposit monies in the Subscription Account by wire transfer pursuant to instructions provided to them by the Fund or by amounts wire transferred from brokerage accounts at UBS PaineWebber Inc. Balances on deposit in the Subscription Account will earn interest at prevailing market rates pursuant to arrangements approved by the Fund.

Appears in 1 contract

Samples: Escrow Agreement (Ubs Pw Opportunity Fund LLC)

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Deposit of Escrow Fund. The Escrow Agent shall establish an account in the name of UBS PW Technology PartnersTamarack International Fund, L.L.C., Escrow Account for the Benefit of Investors (the "Subscription Account") and an account in the name of UBS PW Technology PartnersTamarack International Fund, L.L.C. Repurchase Account (the "Repurchase Account" ”) and, together with the Subscription Account, the "Accounts"). The Escrow Agent shall promptly deposit in the Subscription Account checks remitted by Potential Investors and made payable to UBS PW Technology PartnersTamarack International Fund, L.L.C. Potential Investors also may deposit monies in the Subscription Account by wire transfer pursuant to instructions provided to them by the Fund or by amounts wire transferred from brokerage accounts at UBS PaineWebber Inc. Incorporated. Balances on deposit in the Subscription Account will earn interest at prevailing market rates pursuant to arrangements approved by the Fund.

Appears in 1 contract

Samples: Escrow Agreement (Pw Cypress Fund LLC)

Deposit of Escrow Fund. The Escrow Agent shall establish an account in the name of UBS PW Technology PartnersEucalyptus Fund, L.L.C., Escrow Account for the Benefit of Investors (the "Subscription Account") and an account in the name of UBS PW Technology PartnersEucalyptus Fund, L.L.C. Repurchase Account (the "Repurchase Account" ") and, together with the Subscription Account, the "Accounts"). The Escrow Agent shall promptly deposit in the Subscription Account checks remitted by Potential Investors and made payable to UBS PW Technology PartnersEucalyptus Fund, L.L.C. Potential Investors also may deposit monies in the Subscription Account by wire transfer pursuant to instructions provided to them by the Fund or by amounts wire transferred from brokerage accounts at UBS PaineWebber Inc. Incorporated. Balances on deposit in the Subscription Account will earn interest at prevailing market rates pursuant to arrangements approved by the Fund.

Appears in 1 contract

Samples: Escrow Agreement (Pw Eucalyptus Fund LLC)

Deposit of Escrow Fund. The Escrow Agent shall establish an account in the name of UBS PW Technology PartnersSequoia Fund, L.L.C., Escrow Account for the Benefit of Investors (the "Subscription Account") and an account in the name of UBS PW Technology PartnersSequoia Fund, L.L.C. Repurchase Account (the "Repurchase Account" ") and, together with the Subscription Account, the "Accounts"). The Escrow Agent shall promptly deposit in the Subscription Account checks remitted by Potential Investors and made payable to UBS PW Technology PartnersSequoia Fund, L.L.C. Potential Investors also may deposit monies in the Subscription Account by wire transfer pursuant to instructions provided to them by the Fund or by amounts wire transferred from brokerage accounts at UBS PaineWebber Inc. Incorporated. Balances on deposit in the Subscription Account will earn interest at prevailing market rates pursuant to arrangements approved by the Fund.

Appears in 1 contract

Samples: Escrow Agreement (Pw Sequoia Fund LLC)

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