Common use of Deposit of Escrow Fund Clause in Contracts

Deposit of Escrow Fund. The Escrow Agent shall establish accounts in the name of "Potential Investors of GAM Avalon Multi-Technology, L.P." (hereinafter the "Subscription Account") and "GAM Avalon Multi-Technology, L.P. Repurchase Account" (hereinafter the "Repurchase Account") (collectively the "Accounts"). The Accounts shall be established at PNC Bank, Delaware (the "Bank) which shall be appointed by the Escrow Agent to hold the assets of such Accounts. The Bank is authorized to invest assets of the Accounts in high quality, short-term investments. The investments in which the Bank may invest the Accounts may include shares of registered money market funds, including funds which are advised by the Bank or one of its affiliates, or for which the Bank or an affiliate of the Bank provides other services (such as TempFund or a similar investment vehicle). The Escrow Agent shall promptly deposit the Subscription Account checks remitted by persons subscribing to purchase interests in the Partnership ("Potential Investors") and made payable to GAM Avalon Multi-Technology, L.P. Potential Investors may also deposit monies in the Subscription Account by wire transfer pursuant to instructions provided to them by the Partnership. Balances on deposit in the Subscription Account will earn interest at prevailing market rates pursuant to instructions from the Partnership.

Deposit of Escrow Fund. The Escrow Agent shall establish accounts in the name of "Potential Investors of GAM Avalon Multi-TechnologyEurope, L.P." (hereinafter the "Subscription Account") and "GAM Avalon Multi-TechnologyEurope, L.P. Repurchase Account" (hereinafter the "Repurchase Account") (collectively the "Accounts"). The Accounts shall be established at PNC Bank, Delaware (the "Bank) which shall be appointed by the Escrow Agent to hold the assets of such Accounts. The Bank is authorized to invest assets of the Accounts in high quality, short-term investments. The investments in which the Bank may invest the Accounts may include shares of registered money market funds, including funds which are advised by the Bank or one of its affiliates, or for which the Bank or an affiliate of the Bank provides other services (such as TempFund or a similar investment vehicle). The Escrow Agent shall promptly deposit the Subscription Account checks remitted by persons subscribing to purchase interests in the Partnership ("Potential Investors") and made payable to GAM Avalon Multi-TechnologyEurope, L.P. Potential Investors may also deposit monies in the Subscription Account by wire transfer pursuant to instructions provided to them by the Partnership. Balances on deposit in the Subscription Account will earn interest at prevailing market rates pursuant to instructions from the Partnership.

Deposit of Escrow Fund. The Escrow Agent shall establish accounts in the name of "Potential Investors of GAM Avalon Multi-TechnologyGlobal, L.P." (hereinafter the "Subscription Account") and "GAM Avalon Multi-TechnologyGlobal, L.P. Repurchase Account" (hereinafter the "Repurchase Account") (collectively the "Accounts"). The Accounts shall be established at PNC Bank, Delaware (the "Bank) which shall be appointed by the Escrow Agent to hold the assets of such Accounts. The Bank is authorized to invest assets of the Accounts in high quality, short-term investments. The investments in which the Bank may invest the Accounts may include shares of registered money market funds, including funds which are advised by the Bank or one of its affiliates, or for which the Bank or an affiliate of the Bank provides other services (such as TempFund or a similar investment vehicle). The Escrow Agent shall promptly deposit the Subscription Account checks remitted by persons subscribing to purchase interests in the Partnership ("Potential Investors") and made payable to GAM Avalon Multi-TechnologyGlobal, L.P. Potential Investors may also deposit monies in the Subscription Account by wire transfer pursuant to instructions provided to them by the Partnership. Balances on deposit in the Subscription Account will earn interest at prevailing market rates pursuant to instructions from the Partnership.

Deposit of Escrow Fund. The Escrow Agent shall establish accounts in the name of "Potential Investors of GAM Avalon Multi-TechnologyMarket Neutral, L.P.LLC" (hereinafter the "Subscription Account") and "GAM Avalon Multi-TechnologyMarket Neutral, L.P. LLC. Repurchase Account" (hereinafter the "Repurchase Account") (collectively the "Accounts"). The Accounts shall be established at PNC Bank, Delaware (the "Bank) which shall be appointed by the Escrow Agent to hold the assets of such Accounts. The Bank is authorized to invest assets of the Accounts in high quality, short-term investments. The investments in which the Bank may invest the Accounts may include shares of registered money market funds, including funds which are advised by the Bank or one of its affiliates, or for which the Bank or an affiliate of the Bank provides other services (such as TempFund or a similar investment vehicle). The Escrow Agent shall promptly deposit the Subscription Account checks remitted by persons subscribing to purchase interests units in the Partnership Fund ("Potential Investors") and made payable to GAM Avalon Multi-TechnologyMarket Neutral, L.P. LLC. Potential Investors may also deposit monies in the Subscription Account by wire transfer pursuant to instructions provided to them by the PartnershipFund. Balances on deposit in the Subscription Account will earn interest at prevailing market rates pursuant to instructions from the PartnershipFund.

Deposit of Escrow Fund. The Escrow Agent shall establish accounts in the name of "Potential Investors of GAM Avalon Multi-TechnologyU.S., L.P.LLC" (hereinafter the "Subscription Account") and "GAM Avalon Multi-TechnologyU.S., L.P. LLC. Repurchase Account" (hereinafter the "Repurchase Account") (collectively the "Accounts"). The Accounts shall be established at PNC Bank, Delaware (the "Bank) which shall be appointed by the Escrow Agent to hold the assets of such Accounts. The Bank is authorized to invest assets of the Accounts in high quality, short-term investments. The investments in which the Bank may invest the Accounts may include shares of registered money market funds, including funds which are advised by the Bank or one of its affiliates, or for which the Bank or an affiliate of the Bank provides other services (such as TempFund or a similar investment vehicle). The Escrow Agent shall promptly deposit the Subscription Account checks remitted by persons subscribing to purchase interests units in the Partnership Fund ("Potential Investors") and made payable to GAM Avalon Multi-TechnologyU.S., L.P. LLC. Potential Investors may also deposit monies in the Subscription Account by wire transfer pursuant to instructions provided to them by the PartnershipFund. Balances on deposit in the Subscription Account will earn interest at prevailing market rates pursuant to instructions from the PartnershipFund.