Common use of Identity of Subscribers Clause in Contracts

Identity of Subscribers. The Issuer shall cause to be delivered to the Impoundment Agent two (2) signed counterparts of each Subscription Agreement which shall contain, among other things, the name and address of each subscriber thereto, the date and amount subscribed, and the amount paid, or, in the alternative, shall furnish to the Impoundment Agent with each deposit of funds in the impoundment a list of the persons who have subscribed the money, showing the name, address, date and amount of subscription, and 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 the Impoundment Agent, or judgments or creditors’ claims against the Issuer until released to the Issuer as hereinafter provided.

Identity of Subscribers. The Issuer and Underwriter shall cause to be delivered to the Impoundment Agent two (2) signed counterparts of each Subscription Agreement which shall contain, among other things, the name and address of each subscriber thereto, the date and amount subscribed, and the amount paid, or, in the alternative, shall furnish to the Impoundment Agent with each deposit of funds in the impoundment a list of the persons who have subscribed the money, showing the name, address, date and amount of subscription, and 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 the Impoundment AgentAgent or Underwriter, or judgments or creditors’ ' claims against the Issuer until released to the Issuer as hereinafter provided.

Identity of Subscribers. The Issuer shall cause to be delivered to the Impoundment Agent two (2) signed counterparts of each Subscription Agreement which shall contain, among other things, the name and address of each subscriber thereto, the date and amount subscribed, and the amount paid, or, in the alternative, shall furnish to the Impoundment Agent with each deposit of funds in the impoundment a list of the persons who have subscribed the money, showing the name, address, date and amount of subscription, subscription and 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 the Impoundment Agent, or judgments or creditors’ ` claims against the Issuer until released to the Issuer as hereinafter provided.