Deposit of Subscription Proceeds. Pending receipt of the minimum Subscription Proceeds of $1,000,000, the Dealer-Manager shall deposit the Subscription Proceeds of each Investor with the Escrow Agent and shall deliver to the Escrow Agent a copy of the Subscription Agreement of such Investor. Payment for each subscription for Units shall be in the form of a check made payable to "Atlas Public #8 Ltd., Escrow Agent, National City Bank of PA". The Escrow Agent shall deliver a receipt to Anthem and the Managing General Partner for each deposit of Subscription Proceeds made pursuant hereto by Anthem, and to Xxxxx Funding and the Managing General Partner for each deposit of subscription proceeds made pursuant hereto by Xxxxx Funding.
Appears in 6 contracts
Samples: Escrow Agreement (Atlas Energy for Nineties Public No 8 LTD), Escrow Agreement (Atlas Energy for Nineties Public No 8 LTD), Dealer Manager Agreement (Atlas Energy for Nineties Public No 8 LTD)
