Common use of Investors Clause in Contracts

Investors. A. The General Partner is authorized to accept orders for Units pursuant to the Offering. All orders for Units shall be held in trust and deposited in an escrow account with the Escrow Agent. Orders for Units shall be accepted or rejected by the General Partner within thirty (30) days after their receipt by the Escrow Agent. B. Upon the receipt by the Escrow Agent of orders for an amount equal to the Minimum Offering Amount, the Escrow Agent shall release the funds in the escrow account to the Assignor Limited Partner which shall immediately transmit such funds to the Partnership. Subsequent orders for Units that are accepted by the General Partner shall be released from the escrow account and transmitted to the Partnership or returned to subscribers in accordance with the Prospectus. Upon release of an Investor's funds from the escrow account to the Partnership, an Assigned Limited Partnership Interest shall be credited to the Assignor Limited Partner on the books and records of the Partnership in respect of such Unit and the Assignor Limited Partner shall assign all of its rights with respect to such Assigned Limited Partnership Interest to the Investor to the extent permitted by, and in accordance with, the Agreement and applicable law. The Assignor Limited Partner hereby agrees to exercise any and all rights with respect to such Assigned Limited Partnership Interest as directed by the Investor. C. Any interest earned on moneys paid by Investors during the period such moneys are held in escrow by the Escrow Agent shall be paid to the Partnership following the release of orders and shall be distributed in accordance with Section 4.5A hereof. Persons whose orders for Units are rejected by the General Partner shall be returned their moneys (and interest earned thereon) within ten (10) days after such rejection. D. No order for Units sold as part of the Offering shall be accepted after the Termination Date of the Offering. If the General Partner does not accept orders totalling an amount equal to the Minimum Offering Amount on or before the Termination Date of the Offering, the Escrow Agent shall promptly return all moneys deposited by subscribers together with any interest earned on such moneys. E. For purposes of this Agreement, an Investor who acquires Units in the Offering shall be recognized as an Investor with respect to such Units on the date that such Investor's funds are released from the escrow account to the Partnership.

Investors. A. The General Partner is authorized to accept orders for Units pursuant to the Offering. All orders for Units shall be held in trust and deposited in an escrow account with the Escrow Agent. Orders for Units shall be accepted or rejected by the General Partner within thirty (30) days after their receipt by the Escrow Agent. B. Upon the receipt by the Escrow Agent of orders for an amount equal to the Minimum Offering Amount, the Escrow Agent shall release the funds in the escrow account to the Assignor Limited Partner which shall immediately transmit such funds to the Partnership. Subsequent orders for Units that are accepted by the General Partner shall be released from the escrow account and transmitted to the Partnership or returned to subscribers in accordance with the Prospectus. Upon release of an Investor's funds from the escrow account to the Partnership, an Assigned Limited Partnership Interest shall be credited to the Assignor Limited Partner on the books and records of the Partnership in respect of such Unit and the Assignor Limited Partner shall assign all of its rights with respect to such Assigned Limited Partnership Interest to the Investor to the extent permitted by, and in accordance with, the Agreement and applicable law. The Assignor Limited Partner hereby agrees to exercise any and all rights with respect to such Assigned Limited Partnership Interest as directed by the Investor. C. Any interest earned on moneys paid by Investors during the period such moneys are held in escrow by the Escrow Agent shall be paid to the Partnership following the release of orders and shall be distributed in accordance with Section 4.5A hereof. Persons whose orders for Units are rejected by the General Partner shall be returned their moneys (and interest earned thereon) within ten (10) days after such rejection. D. No order for Units sold as part of the Offering shall be accepted after the Termination Date of the Offering. If the General Partner does not accept orders totalling an amount equal to the Minimum Offering Amount on or before prior to twelve (12) months from the Termination Date date of the OfferingProspectus, the Escrow Agent shall promptly return all moneys deposited by subscribers together with any interest earned on such moneys. E. For purposes of this Agreement, an Investor who acquires Units in the Offering shall be recognized as an Investor with respect to such Units on the date that such Investor's funds are released from the escrow account to the Partnership.

Investors. A. The General Partner is Partners are authorized to accept orders for Units pursuant to the Offering. All orders for Units shall be held in trust and deposited in an escrow account with the Escrow Agent. Orders for Units shall be accepted or rejected by the General Partner Partners within thirty (30) 30 days after their receipt by the Escrow Agent. B. Upon the receipt by the Escrow Agent of orders for an amount equal to the Minimum Offering Amount, the Escrow Agent shall release the funds in the escrow account to the Assignor Limited Partner which shall immediately transmit such funds to the PartnershipFund. Subsequent orders for Units that are accepted by the General Partner Partners shall be released from the escrow account and transmitted to the Partnership Fund or returned to subscribers in accordance with the Prospectus. Upon release of an Investor's funds from the escrow account to the PartnershipFund, an Assigned Limited Partnership Interest shall be credited to the Assignor Limited Partner on the books and records of the Partnership Fund in respect of such Unit and the Assignor Limited Partner shall assign all of its rights with respect to such Assigned Limited Partnership Interest to the Investor to the extent permitted by, and in accordance with, the Agreement and applicable law. The Assignor Limited Partner hereby agrees to exercise any and all rights with respect to such Assigned Limited Partnership Interest as directed by the Investor. At such times as the General Partners deem practicable and as required by the Act, the Certificate and this Agreement shall be amended to reflect the ownership by the Assignor Limited Partner of Assigned Limited Partnership Interests in the amount of such purchased Units. C. Any interest earned on moneys paid by Investors during the period such moneys are held in escrow by the Escrow Agent shall be paid to the Partnership Fund following the release of orders and shall be distributed in accordance with Section 4.5A hereof. Persons whose orders for Units are rejected by the General Partner Partners shall be returned their moneys (and interest earned thereon) within ten (10) within10 days after such rejection. D. No order for Units sold as part of the Offering shall be accepted after the Termination Date of the Offering. If the General Partner does Partners do not accept orders totalling an amount equal to the Minimum Offering Amount on or before the Termination Date of the Offering, the Escrow Agent shall promptly return all moneys deposited by subscribers together with any interest earned on such moneys. E. For purposes of this Agreement, an Investor who acquires Units in the Offering shall be recognized as an Investor with respect to such Units on the date that the General Partners accept the order for such Investor's funds are released from the escrow account to the PartnershipUnits.