Common use of Payment Instruction Clause in Contracts

Payment Instruction. (a) If the subscription application for the Participating Shares is accepted, all payments should be made payable to EIAPS SPC - ESSENCE GROWTH CO FUND SP. (b) Payments by bank transfer can be made to the following bank account: Bank Code: SWIFT Code: Address: Account Name: Account No: (c) Subscribers are reminded that the actual amount remitted should include the subscription amount plus the applicable bank charges in respect of telegraphic transfer or bank transfer and all other fees and expenses which will reduce the amount remitted. Only the amount actually received by the Company on behalf of and for the account of the Portfolio (exclusive of the bank charges and all other fees and expenses) will be applied towards subscription of the Participating Shares in the Portfolio.

Payment Instruction. (a) If the subscription application for the Participating Shares is accepted, all payments should be made payable to EIAPS SPC - ESSENCE GROWTH CO FUND SP. (b) Payments by bank transfer can be made to the following bank account: Name of Bank: Bank Code: SWIFT Code: Address: Account Name: Account No: (c) Subscribers are reminded that the actual amount remitted should include the subscription amount plus the applicable bank charges in respect of telegraphic transfer or bank transfer and all other fees and expenses which will reduce the amount remitted. Only the amount actually received by the Company on behalf of and for the account of the Portfolio (exclusive of the bank charges and all other fees and expenses) will be applied towards subscription of the Participating Shares in the Portfolio.