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 Tamarack International Fund, L.L.C., Escrow Account for the Benefit of Investors (the “Subscription Account”) and an account in the name of UBS PW Tamarack 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 Tamarack 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 PaineWebber 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)

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Deposit of Escrow Fund. The Escrow Agent shall establish an account in the name of UBS PW Tamarack International Event & Equity Fund, L.L.C., Escrow Account for the Benefit of Investors (the “Subscription Account”) and an account in the name of UBS PW Tamarack International Event & Equity 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 Tamarack International Event & Equity 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 Incorporated. 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 Event & Equity Fund LLC)

Deposit of Escrow Fund. The Escrow Agent shall establish an account in the name of UBS PW Tamarack International FundTechnology Partners, L.L.C., Escrow Account for the Benefit of Investors (the "Subscription Account") and an account in the name of UBS PW Tamarack International FundTechnology 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 Tamarack International FundTechnology 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 Incorporated. 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)

Deposit of Escrow Fund. The Escrow Agent shall establish an account in the name of UBS PW Tamarack International Equity Opportunity Fund, L.L.C., Escrow Account for the Benefit of Investors (the "Subscription Account") and an account in the name of UBS PW Tamarack International Equity 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 Tamarack International Equity 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 PaineWebber 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)

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Deposit of Escrow Fund. The Escrow Agent shall establish an account in the name of UBS PW Tamarack International Multi-Strat Fund, L.L.C., Escrow Account for the Benefit of Investors (the "Subscription Account") and an account in the name of UBS PW Tamarack International Multi-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 Tamarack International Multi-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 PaineWebber Incorporated. UBS 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)

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