Holding Proceeds of Rights Offering. A. All proceeds received by Computershare from Shareholders in respect of the exercise of Rights shall be held by Computershare, on behalf of the Company, in a segregated account (the “Account”). No interest shall accrue to the Company or shareholders on funds held in the Account pending disbursement in the manner described in Section 4(E) above.
B. Computershare shall deliver all proceeds received in respect of the exercise of Rights to the Company as promptly as practicable, but in no event later than ten business days after the Confirmation Date.
C. The Company acknowledges that the bank accounts maintained by Computershare in connection with the services provided under this Agreement will be in its name and that Computershare may receive investment earnings in connection with the investment at Computershare’s risk and for its benefit of funds held in those accounts from time to time.
Holding Proceeds of Rights Offering. A. All proceeds received by the Subscription Agent from Rights Holders in respect of the exercise of Rights pursuant to the Basic Subscription [and the Over-Subscription Privilege] shall be held by the Subscription Agent on behalf of the Company in a segregated account (the “Account”). Interest shall accrue for the benefit of the Company at and not for the benefit of the Subscription Agent or any Rights Holders, on funds held in the Account pending disbursement in the manner described in Section 4 above.
B. The Subscription Agent shall deliver all proceeds received in respect of the exercise of Rights, other than those to be refunded to exercising Rights Holders pursuant to Section 4 above, to the Company as promptly as practicable, but in no event later than one Business Day after the Confirmation Date.
C. The Company acknowledges that the bank accounts maintained by in connection with the services provided under this Agreement shall be in its name, in a segregated account and held in trust for the benefit of the Company.
Holding Proceeds of Rights Offering. (a) All proceeds received by the Agent from Shareholders in respect of the exercise of Rights shall be held by the Agent, on behalf of the Fund, in a segregated interest bearing account (the "Account"). All interest that accrues in the Account pending disbursement in the manner described in Section 4(e) above will inure to the benefit of the Fund.
(b) The Agent shall deliver all proceeds received in respect of the exercise of Rights to the Fund as promptly as practicable, but in no event later than ten business days after the Confirmation Date. Proceeds held in respect of Excess Payments (including interest earned thereon) shall belong to the Fund.
Holding Proceeds of Rights Offering. A. All proceeds received by Computershare from Shareholders in respect of the exercise of Rights shall be held by Computershare, on behalf of the Fund, in a segregated account (the “Account”). No interest shall accrue to the Fund or shareholders on funds held in the Account pending disbursement in the manner described in Section 4(E) above.
B. Computershare shall deliver all proceeds received in respect of the exercise of Rights to the Fund as promptly as practicable, but in no event later than four business days after the Confirmation Date. Proceeds will be provided via wire transfer in accordance with the Fund’s instructions unless the Fund requests other delivery. For avoidance of doubt, the Fund will receive gross proceeds less any returned to Shareholders in connection with their exercise of the Over-Subscription Privilege.
C. The Fund acknowledges that the bank accounts maintained by Computershare in connection with the services provided under this Agreement will be in an account in the name of Computershare as agent for the Fund for the benefit of the Shareholders. The Fund further acknowledges that Computershare may receive investment earnings in connection with the investment at Computershare’s risk in those accounts; provided, however that Computershare will not charge the Fund any banking fees, service charges, or costs related to such account and the Fund shall have no liability for such account or for any fees, service charges, or costs related to such account.
Holding Proceeds of Rights Offering. A. All proceeds received by Computershare from Shareholders in respect of the exercise of Rights shall be held by Computershare, on behalf of the Company, in a segregated account (the “Account”). No interest shall accrue to the Company or shareholders on funds held in the Account pending disbursement in the manner described in Section 4(E) above.
B. Computershare shall deliver all proceeds received in respect of the exercise of Rights to the Company as promptly as practicable, but in no event later than ten business days after the Confirmation Date. Proceeds will be provided via wire transfer in accordance with the Company’s instructions unless the Company requests other delivery. For avoidance of doubt, the Company will receive gross proceeds less any funds returned to Shareholders in connection with their exercise of the Over-Subscription Privilege.
C. The Company acknowledges that the bank accounts maintained by Computershare in connection with the services provided under this Agreement will be in Computershare’s name and that Computershare may receive investment earnings in connection with the investment at Computershare’s risk and for its benefit of funds held in those accounts from time to time.
Holding Proceeds of Rights Offering. A. All proceeds received by the Agent from Record Date Stockholders in respect of the exercise of Rights pursuant to the Basic Subscription and the Over-Subscription Privilege shall be held by the Agent, on behalf of the Company, in a segregated account (the "Account"). No interest shall accrue to the Company or Record Date Stockholders, on funds held in the Account pending disbursement in the manner described in Section 4 above.
B. The Agent shall deliver all proceeds received in respect of the exercise of Rights, other than those to be refunded to exercising Record Date Stockholders pursuant to Section 4 above, to the Company as promptly as practicable, but in no event later than 10 Business Days after the Confirmation Date.
C. The Company acknowledges that the bank accounts maintained by Computershare in connection with the services provided under this Agreement will be in Computershare’s name and that Computershare may receive investment earnings in connection with the investment at Computershare’s risk and for its benefit of funds held in those accounts from time to time.
Holding Proceeds of Rights Offering. (a) All proceeds received by the Agent from Shareholders in respect of the exercise of Rights shall be held by the Agent, on behalf of the Company, in a segregated interest-bearing account (the "Account"). Interest shall accrue at 85% of the the Federal Funds Rate to the Company on funds held in the Account pending disbursement in the manner described in Section 4(e) above.
(b) The Agent shall deliver all proceeds received in respect of the exercise of Rights to the Company as promptly as practicable, but in no event later than ten business days after the Confirmation Date.
Holding Proceeds of Rights Offering. A. All proceeds received by EQI from Shareholders in respect of the exercise of Rights shall be held by EQI, on behalf of the Company, in a segregated account (the "Account"). No interest shall accrue to the Company or shareholders on funds held in the Account pending disbursement in the manner described in Section 4(E) above.
B. EQI shall deliver all proceeds received in respect of the exercise of Rights to the Company as promptly as practicable, but in no event later than ten business days after the Confirmation Date.
C. The Company acknowledges that the bank accounts maintained by EQI in connection with the services provided under this Agreement will be in its name and that EQI may receive investment earnings in connection with the investment at EQI's risk and for its benefit of funds held in those accounts from time to time.
Holding Proceeds of Rights Offering. A. All proceeds received by Standard from Stockholders in respect of the exercise of Subscription Rights shall be held by Standard, on behalf of the Company, in a segregated account (the “Account”). No interest shall accrue to the Company or Stockholders on funds held in the Account pending disbursement in the manner described in Section 4 above.
B. Standard shall deliver all proceeds received in respect of the exercise of Subscription Rights to the Company as promptly as practicable, but in no event later than three business days after the Expiration Date of the Rights Offering.
C. The Company acknowledges that the bank accounts maintained by Standard in connection with the services provided under this Agreement will be in its name and that Standard may receive investment earnings in connection with the investment at Standard's risk and for its benefit of funds held in those accounts from time to time.
Holding Proceeds of Rights Offering. A. All proceeds received by the Agent from Shareholders in respect of the exercise of Rights shall be held by the Agent, on behalf of the Company, in a segregated account (the "Account"). No interest shall accrue to the Company or shareholders on funds held in the Account pending disbursement in the manner described in Section 4(E) above.
B. The Agent shall deliver all proceeds received in respect of the exercise of Rights to the Company as promptly as practicable, but in no event later than fifteen business days after the Confirmation Date.
C. The Company acknowledges that the bank accounts maintained by the Agent in connection with the services provided under this Agreement will be in its name and that the Agent may receive investment earnings in connection with the investment at the Agent's risk and for its benefit of funds held in those accounts from time to time.
