Common use of Identity of Subscribers Clause in Contracts

Identity of Subscribers. CUSTOMER shall furnish to the Escrow ------------------------ Agent with each delivery of funds, as provided in paragraph 1 hereof, a list of the persons who have paid money for the purchase of Securities showing the name, address, amount of Securities subscribed for and the amount of money paid. All proceeds so deposited shall remain the property of the subscriber and shall not be subject to any liens or charges by CUSTOMER, or the Escrow Agent, or judgments or creditors' claims against CUSTOMER, until released to CUSTOMER as hereinafter provided.

Identity of Subscribers. CUSTOMER shall furnish to the Escrow ------------------------ ----------------------- Agent with each delivery of funds, as provided in paragraph 1 hereof, a list of the persons who have paid money for the purchase of Securities showing the name, address, amount of Securities subscribed for and the amount of money paid. All proceeds so deposited shall remain the property of the subscriber and shall not be subject to any liens or charges by CUSTOMER, or the Escrow Agent, or judgments or creditors' claims against CUSTOMER, until released to CUSTOMER as hereinafter provided.