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," which is the execution and subscription instrument signed by the Investor to evidence his agreement to purchase Units in the Partnership. Payment for each subscription for Units shall be in the form of a check or wire made payable to "Atlas America Public #12-2003 Limited Partnership, Escrow Agent, National City Bank of Pennsylvania."

Appears in 3 contracts

Samples: Dealer Manager Agreement (Atlas America Public 12 2003 Program), Dealer Manager Agreement (Atlas America Public 12 2003 Program), Escrow Agreement (Atlas America Public 12 2003 Program)

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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," which is Agreement of the execution and subscription instrument signed by the Investor to evidence his agreement to purchase Units in the PartnershipInvestor. Payment for each subscription for Units shall be in the form of a check or wire made payable to "Atlas America Public #12-2003 2004(B) Limited Partnership, Escrow Agent, National City Bank of Pennsylvania."" The Escrow Agent shall deliver a receipt to either:

Appears in 2 contracts

Samples: Dealer Manager Agreement (Atlas America Public 12 2003 Program), Dealer Manager Agreement (Atlas America Public 12 2003 Program)

Deposit of Subscription Proceeds. Pending receipt of the minimum Subscription Proceeds of $1,000,0002,000,000, 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," which is the execution and subscription instrument signed by the Investor to evidence his agreement to purchase Units in the Partnership. Payment for each subscription for Units shall be in the form of a check or wire made payable to "Atlas America Public #12-2003 Limited Partnership, Escrow Agent, National City Bank of Pennsylvania."

Appears in 1 contract

Samples: Services Agreement (Atlas Energy Resources, LLC)

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Deposit of Subscription Proceeds. Pending receipt of the minimum Subscription Proceeds of $1,000,0002,000,000, 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," which is the execution and subscription instrument signed by the Investor to evidence his agreement to purchase Units in the Partnership. Payment for each subscription for Units shall be in the form of a check or wire made payable to "Atlas America Public #1216-2003 Limited Partnership2007(A) L.P., Escrow Agent, National City Bank of Pennsylvania."

Appears in 1 contract

Samples: Services Agreement (Atlas Energy Resources, LLC)

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