Common use of Identity of Subscribers Clause in Contracts

Identity of Subscribers. The Company or its Transfer Agent or the Dealer Manager shall furnish to the Escrow Agent with each delivery of funds, as provided in Section 2 hereof, a list of the persons who have paid money for the purchase of Stock showing the name, address, tax identification number, number of shares purchased, and the amount of money paid. The information comprising the identity of investors shall be provided to the Escrow Agent in the format set forth in the List of Investors attached as Exhibit A. All proceeds so deposited shall remain the property of the subscriber and shall not be subject to any liens or charges by the Company, or the Escrow Agent, until released to the Company as hereinafter provided. The Company and the Dealer Manager hereby acknowledges the Escrow Agent’s sole right to reject any subscriber based on the results of the Escrow Agent’s internal due diligence policies and procedures, including, but not limited to, its “Know Your Customer” and anti-money laundering policies. The Escrow Agent may, in its sole discretion, reject any subscriber by giving written notice to the Company and the Dealer Manager.

Identity of Subscribers. The Company or its Transfer Agent or the Dealer Manager shall furnish to the Escrow Agent with each delivery of funds, as provided in Section 2 hereof, a list of the persons who have paid money for the purchase of Stock showing the name, address, tax identification number, number of shares purchased, and the amount of money paid. The information comprising the identity of investors shall be provided to the Escrow Agent in the format set forth in the List of Investors attached as Exhibit A. All proceeds so deposited shall remain the property of the subscriber and shall not be subject to any liens or charges by the Company, or the Escrow Agent, until released to the Company as hereinafter provided. The Company and the Dealer Manager hereby acknowledges the Escrow Agent’s 's sole right to reject any subscriber based on the results of the Escrow Agent’s 's internal due diligence policies and procedures, including, but not limited to, its “"Know Your Customer” " and anti-money laundering policies. The Escrow Agent may, in its sole discretion, reject any subscriber by giving written notice to the Company and the Dealer Manager.