Common use of Deposit of Subscription Proceeds Clause in Contracts

Deposit of Subscription Proceeds. Pending receipt of the minimum Subscription Proceeds of $1,000,000, the Dealer-Manager and the Managing General Partner shall deposit the Subscription Proceeds of each Investor to whom they sell Units with the Escrow Agent and shall deliver to the Escrow Agent a copy of the Subscription Agreement of each Investor. Payment for each subscription for Units shall be in the form of a check made payable to "Atlas America Public #10 Ltd., Escrow Agent, National City Bank of PA." The Escrow Agent shall deliver a receipt to either:

Appears in 6 contracts

Samples: Escrow Agreement (Atlas America Public No 10 LTD), Dealer Manager Agreement (Atlas America Public No 10 LTD), Dealer Manager Agreement (Atlas America Public No 10 LTD)

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Deposit of Subscription Proceeds. Pending receipt of the minimum Subscription Proceeds of $1,000,000, the Dealer-Manager and the Managing General Partner shall deposit the Subscription Proceeds of each Investor to whom they sell Units with the Escrow Agent and shall deliver to the Escrow Agent a copy of the Subscription Agreement of each such Investor. Payment for each subscription for Units shall be in the form of a check made payable to "Atlas America Public #10 9 Ltd., Escrow Agent, National City Bank of PA." ". The Escrow Agent shall deliver a receipt to either:

Appears in 3 contracts

Samples: Escrow Agreement (Atlas America Public No 9 LTD), Escrow Agreement (Atlas America Public No 9 LTD), Escrow Agreement (Atlas America Public No 9 LTD)

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