Investment of Subscription Proceeds. The Subscription Proceeds shall be deposited in an interest bearing account maintained by the Escrow Agent as directed by the Managing General Partner. This may be a savings account, bank money market account, short-term certificates of deposit issued by a bank, or short-term certificates of deposit issued or guaranteed by the United States government. The interest earned shall be added to the Subscription Proceeds and disbursed in accordance with the provisions of Paragraph 4 or 5 of this Agreement, as the case may be.
Appears in 27 contracts
Samples: Services Agreement (Atlas Energy Resources, LLC), Escrow Agreement (Atlas Resources Public #17-2007 (A) L.P.), Escrow Agreement (Atlas Resources Public #17-2007 (A) L.P.)
Investment of Subscription Proceeds. The Subscription Proceeds in the escrow account (“Escrow Account”) shall be deposited in an interest bearing account maintained by the Escrow Agent as directed by the Managing General Partner. This may be a savings account, bank money market account, short-term certificates of deposit issued by a bank, or short-term certificates of deposit issued or guaranteed by the United States government. The interest and income earned shall be added to the Subscription Proceeds and disbursed in accordance with the provisions of Paragraph 4 or 5 of this Agreement, as the case may be.
Appears in 6 contracts
Samples: Escrow Agreement (Atlas Resources Public #18-2008 (A) L.P.), Escrow Agreement (Atlas Resources Public #18-2008 (A) L.P.), Dealer Manager Agreement (Atlas Resources Public #18-2008 (A) L.P.)
Investment of Subscription Proceeds. The Subscription Proceeds shall be deposited in an interest bearing account maintained by the Escrow Agent as directed by the Managing General Partner. This may be a savings account, bank money market account, short-term certificates of deposit issued by a bank, or short-term certificates of deposit issued or guaranteed by the United States government. The interest earned shall be added to the Subscription Proceeds and disbursed in accordance with the provisions of Paragraph 4 or 5 of this Agreement, as the case may be.
Appears in 5 contracts
Samples: Dealer Manager Agreement (Atlas America Public # 14-2004 Program), Dealer Manager Agreement (Atlas America Public # 14-2004 Program), Escrow Agreement (Atlas America Public # 14-2004 Program)
Investment of Subscription Proceeds. The Subscription Proceeds shall be deposited in an interest bearing account maintained by the Escrow Agent as directed by the Managing General PartnerAgent. This may be a savings account, bank money market account, short-short- term certificates of deposit issued by a bank, or short-term certificates of deposit issued or guaranteed by the United States government. The interest earned shall be added to the Subscription Proceeds and disbursed in accordance with the provisions of Paragraph 4 or 5 of this Agreement, as the case may be.
Appears in 5 contracts
Samples: Dealer Manager Agreement (Atlas America Public 12 2003 Program), Escrow Agreement (Atlas America Public 12 2003 Program), Dealer Manager Agreement (Atlas America Public 12 2003 Program)
Investment of Subscription Proceeds. The Subscription Proceeds shall be deposited in an interest bearing account maintained by the Escrow Agent as directed by the Managing General Partner. This may be a savings account, bank money market account, short-term certificates of deposit issued by a bank, or short-term certificates of deposit issued or guaranteed by the United States government. The interest earned shall be added to the Subscription Proceeds and disbursed in accordance with the provisions of Paragraph 4 or 5 of this Agreement, as the case may be.
Appears in 1 contract
Samples: Dealer Manager Agreement (Atlas America Series 25-2004 a L P)