Common use of Identity of Investors Clause in Contracts

Identity of Investors. Company shall furnish to the Escrow Agent with each delivery of funds, as provided in section 1 hereof, a list of the persons who have paid money for the purchase of Shares showing the name, address, amount of Shares subscribed for and the amount of money paid. All proceeds so deposited shall remain the property of the Investors and shall not be subject to any liens or charges by the Company, or the Escrow Agent, or judgments or creditors' claims against the Company, until released to the Company as hereinafter provided. Escrow Agent will not use the information provided to it by the Company for any purpose other than to fulfill its obligations as Escrow Agent. Regardless, Escrow Agent will treat this information as confidential.

Appears in 4 contracts

Samples: Escrow Agreement (Desert Capital Reit Inc), Escrow Agreement (Desert Capital Reit Inc), Escrow Agreement (Bull Street Real Estate Investment Trust Inc)

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