Common use of No Claims or Encumbrances Clause in Contracts

No Claims or Encumbrances. Subscription Funds deposited into the Escrow Account shall not be claimed or encumbered by the Manager, MCUSA, the Fund, the Escrow Agent, any selling agents, or any affiliates or creditors of any of the preceding until after such time as the Subscription Funds are distributed pursuant to Section 8.1.

Appears in 3 contracts

Samples: Escrow Agreement (Macquarie Equipment Leasing Fund Two, LLC), Escrow Agreement (Macquarie Equipment Leasing Fund, LLC), Escrow Agreement (Macquarie Equipment Leasing Fund, LLC)

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No Claims or Encumbrances. Subscription Funds deposited into the Escrow Account shall not be claimed or encumbered by the Manager, MCUSAthe Dealer Manager, the Fund, the Escrow Agent, any selling agents, or any affiliates or creditors of any of the preceding until after such time as the Subscription Funds are distributed pursuant to Section 8.1Article 2 hereof.

Appears in 1 contract

Samples: Escrow Agreement (Cypress Equipment Fund A, LLC)

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