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 the Investor. Payment for each subscription for Units shall be in the form of a check made payable to "Atlas America Public #11-2002 Ltd., Escrow Agent,

Appears in 8 contracts

Samples: Escrow Agreement (Atlas America Public 11-2002 LTD), Limited Partnership Agreement (Atlas America Public 11-2002 LTD), Dealer Manager Agreement (Atlas America Public 11-2002 LTD)

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