Payment Acknowledgement. (a) The Subscription Receipt Agent hereby acknowledges receipt from the Lead Underwriter of a wire transfer of funds in the aggregate amount of $175,000,640 and confirms that such funds have been deposited in a segregated account in the name of the Trust designated as "Harvest Energy Trust - Sub. Receipts", or as otherwise directed by the Trust and the Lead Underwriter, and the Subscription Receipt Agent will retain such amount in accordance with the terms of this Agreement pending payment of such amount in accordance with the terms of this Agreement. (b) The Trust hereby: (i) acknowledges that the amount received by the Subscription Receipt Agent pursuant to Section 2.1(a) in accordance with the Trust's direction to the Lead Underwriter, represents payment in full by the Underwriters of the Subscription Price for 6,505,600 Subscription Receipts; and (ii) irrevocably directs the Subscription Receipt Agent to retain such amount in accordance with the terms of this Agreement pending payment of such amount in accordance with the terms of this Agreement.
Appears in 1 contract
Samples: Subscription Receipt Agreement (Harvest Energy Trust)
Payment Acknowledgement. (a) The Subscription Receipt Escrow Agent hereby acknowledges receipt from the Lead Underwriter of a wire transfer of funds in the aggregate amount of $175,000,640 320,400,000, and confirms that such funds have been deposited in a segregated account in the name of the Trust designated as "Harvest the “StarPoint Energy Trust - Sub. Receipts"”, or as otherwise directed by the Trust and the Lead Underwriterin writing, and the Subscription Receipt Escrow Agent will retain such amount in accordance with the terms of this Agreement pending payment of such amount in accordance with the terms of this Agreement.
(b) The Trust hereby:
(i) acknowledges that the amount received by the Subscription Receipt Escrow Agent pursuant to Section 2.1(a) in accordance with the Trust's direction to the Lead Underwriter), represents payment in full by the Underwriters of the Subscription Price for 6,505,600 17,800,000 Subscription Receipts; and
(ii) irrevocably directs the Subscription Receipt Escrow Agent to retain such amount in accordance with the terms of this Agreement pending payment of such amount in accordance with the terms of this Agreement.
Appears in 1 contract
Samples: Subscription Receipt Agreement (Canetic Resources Trust)
Payment Acknowledgement. (a) The Subscription Receipt Escrow Agent hereby acknowledges receipt from the Lead Underwriter of a wire transfer of funds in the aggregate amount of $175,000,640 242,450,000, and confirms that such funds have been deposited in a segregated account in the name of the Trust designated as "Harvest the “StarPoint Energy Trust - Sub. Receipts"”, or as otherwise directed by the Trust and the Lead Underwriterin writing, and the Subscription Receipt Escrow Agent will retain such amount in accordance with the terms of this Agreement pending payment of such amount in accordance with the terms of this Agreement.
(b) The Trust hereby:
(i) acknowledges that the amount received by the Subscription Receipt Escrow Agent pursuant to Section 2.1(a) in accordance with the Trust's direction to the Lead Underwriter), represents payment in full by the Underwriters of the Subscription Price for 6,505,600 13,000,000 Subscription Receipts; and
(ii) irrevocably directs the Subscription Receipt Escrow Agent to retain such amount in accordance with the terms of this Agreement pending payment of such amount in accordance with the terms of this Agreement.
Appears in 1 contract
Samples: Subscription Receipt Agreement (Canetic Resources Trust)
Payment Acknowledgement. (a) The Subscription Receipt Escrow Agent hereby acknowledges receipt from the Lead Underwriter of a wire transfer of funds in the aggregate amount of $175,000,640 65,800,000 and confirms that such funds have been deposited in a segregated account in the name of the Trust designated as the "Harvest Advantage Energy Trust Income Fund - Sub. Receipts", or as otherwise directed by the Trust and the Lead UnderwriterTrust, and the Subscription Receipt Escrow Agent will retain such amount in accordance with the terms of this Agreement pending payment release of such amount in accordance with the terms of this Agreement.
(b) The Trust hereby:
(i) acknowledges that the amount received by the Subscription Receipt Escrow Agent pursuant to Section 2.1(a) in accordance with the Trust's direction to the Lead Underwriter), represents payment in full by the Underwriters of the Subscription Price for 6,505,600 3,500,000 Subscription Receipts; and
(ii) irrevocably directs the Subscription Receipt Escrow Agent to retain such amount in accordance with the terms of this Agreement pending payment release of such amount in accordance with the terms of this Agreement.
Appears in 1 contract
Samples: Subscription Receipt Agreement (Advantage Energy Income Fund)
Payment Acknowledgement. (a) The Subscription Receipt Escrow Agent hereby acknowledges receipt from the Lead Underwriter Underwriters of a wire transfer of funds in the aggregate amount of $175,000,640 160,075,000 and confirms that such funds have been deposited in a segregated account in the name of the Trust designated as the "Harvest Paramount Energy Trust - – Sub. Receipts", or as otherwise directed by the Trust and the Lead UnderwriterTrust, and the Subscription Receipt Escrow Agent will retain such amount in accordance with the terms of this Agreement pending payment of such amount in accordance with the terms of this Agreement.
(b) The Trust hereby:
(i) acknowledges that the amount received by the Subscription Receipt Escrow Agent pursuant to Section 2.1(a) in accordance with the Trust's direction to the Lead Underwriter), represents payment in full by the Underwriters of the Subscription Price for 6,505,600 9,500,000 Subscription Receipts; and
(ii) irrevocably directs the Subscription Receipt Escrow Agent to retain such amount in accordance with the terms of this Agreement pending payment of such amount in accordance with the terms of this Agreement.
Appears in 1 contract
Samples: Subscription Receipt Agreement (Paramount Energy Trust)