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: (a) Anthem and the Managing General Partner for each deposit of Subscription Proceeds made under this Agreement by Anthem; (b) Xxxxx Funding and the Managing General Partner for each deposit of subscription proceeds made under this Agreement by Xxxxx Funding; or (c) the Managing General Partner for each deposit of Subscription Proceeds made under this Agreement by the Managing General Partner.

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 the Investor. Payment for each subscription for Units shall be in the form of a check made payable to "Atlas America Public #10 Ltd.12-2003 Limited Partnership, Escrow Agent, National City Bank of PAPennsylvania." The Escrow Agent shall deliver a receipt to either: (a) Anthem and the Managing General Partner for each deposit of Subscription Proceeds made under this Agreement by Anthem;; Escrow Agreement (b) Xxxxx Bryan Funding and the Managing General Partner for each deposit of subscription proceeds Subscription Proceeds made under this Agreement by Xxxxx Bryan Funding; or (c) the Managing General Partner Xxxxner for each deposit of Subscription Proceeds made under this Agreement by the Managing General Partner.

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 the Investor. Payment for each subscription for Units shall be in the form of a check made payable to "Atlas America Public #10 Ltd.12-2003 Limited Partnership, Escrow Agent, National City Bank of PAPennsylvania." The Escrow Agent shall deliver a receipt to either: (a) Anthem and the Managing General Partner for each deposit of Subscription Proceeds made under this Agreement by Anthem; (b) Xxxxx Bryan Funding and the Managing General Partner for each deposit of subscription proceeds Subscription Proceeds made under this Agreement by Xxxxx Bryan Funding; or (c) the Managing General Partner Xxxxner for each deposit of Subscription Proceeds made under this Agreement by the Managing General Partner.