Common use of Repurchases Clause in Contracts

Repurchases. The Fund from time to time may wire balances to the Repurchase Account in connection with periodic repurchases of interests by the Fund from its members. Upon Written Instructions, the Escrow Agent shall issue promptly repurchase payments from the Repurchase Account in check form to the repurchasing member or to the Manager, as the case may be. Upon Written Instructions, the Escrow Agent will withhold specified amounts from repurchasing members. Any interest earned thereon will be credited to the accounts of the Fund.

Appears in 10 contracts

Samples: Escrow Agreement (Pw Equity Opportunity Fund LLC), Escrow Agreement (Pw Cypress Fund LLC), Escrow Agreement (Columbia Management Multi Strategy Hedge Fund LLC)

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Repurchases. The Fund Funds from time to time may wire balances to the Repurchase Account in connection with periodic repurchases of interests by the Fund Funds from its their members. Upon Written Instructions, the Escrow Agent shall issue promptly repurchase payments from the Repurchase Account in check form by wire to the repurchasing member or to the Manager, as the case may bemembers whose interests have been repurchased. Upon Written Instructions, the Escrow Agent will withhold specified amounts from repurchasing members. Any interest earned thereon will the amounts to be credited distributed to the accounts of the Fundmembers whose interests have been repurchased.

Appears in 6 contracts

Samples: Escrow Agreement (PNC Absolute Return TEDI Fund LLC), Escrow Agreement (PNC Alternative Strategies TEDI Fund LLC), Escrow Agreement (PNC Long-Short Fund LLC)

Repurchases. The Fund from time to time may wire balances to the Repurchase Account in connection with periodic repurchases of interests by the Fund from its members. Upon Written Instructions, the Escrow Agent shall issue promptly repurchase payments from the Repurchase Account in check form to the repurchasing member or to the ManagerPWFA, as the case may be. Upon Written Instructions, the Escrow Agent will withhold specified amounts from repurchasing members. Any interest earned thereon will be credited to the accounts of the Fund.

Appears in 5 contracts

Samples: Escrow Agreement (Ubs Pw Technology Partners LLC), Escrow Agreement (Ubs Pw Equity Opportunity Fund Ii LLC), Escrow Agreement (Ubs Pw Event & Equity Fund LLC)

Repurchases. The Fund may from time to time may wire balances to the Repurchase Account in connection with periodic repurchases of interests units by the Fund from its members. Upon Written Instructions, the Escrow Agent shall promptly issue promptly repurchase payments from the Repurchase Account in check form to the repurchasing member or to the ManagerAdviser, as the case may be. Upon Written Instructions, the Escrow Agent will withhold specified amounts from repurchasing members. Any repurchase payments made to partners and any interest earned thereon will be credited to the accounts account of the Fund.

Appears in 2 contracts

Samples: Escrow Agreement (Gam Avalon Palemedes LLC), Escrow Agreement (Gam Avalon Dinadan LLC)

Repurchases. The Fund from time to time may wire balances to the Repurchase Account in connection with periodic repurchases of interests by the Fund from its members. Upon Written Instructions, the Escrow Agent shall issue promptly repurchase payments from the Repurchase Account in check form to the repurchasing member or to the ManagerAdviser, as the case may be. Upon Written Instructions, the Escrow Agent will withhold specified amounts from repurchasing members. Any interest earned thereon will be credited to the accounts of the Fund.

Appears in 2 contracts

Samples: Escrow Agreement (Sei Absolute Return Fund Lp), Escrow Agreement (Sei Opportunity Fund Lp)

Repurchases. The Fund from time to time may wire balances to the Repurchase Account in connection with periodic repurchases of interests by the Fund from its members. Upon Written Instructions, the Escrow Agent shall issue promptly repurchase payments from the Repurchase Account in check form to the repurchasing member or to the Investment Manager, as the case may be. Upon Written Instructions, the Escrow Agent will withhold specified amounts from repurchasing members. Any interest earned thereon will be credited to the accounts of the Fund.

Appears in 2 contracts

Samples: Escrow Agreement (Mezzacappa Long Short Fund LLC), Escrow Agreement (Mezzacappa Multi Strategy Plus Fund LLC)

Repurchases. The Fund from time to time may wire balances to the Repurchase Account in connection with periodic repurchases of interests by the Fund from its members. Upon Written Instructions, the Escrow Agent shall issue promptly repurchase payments from the Repurchase Account in check form to the repurchasing member or to the ManagerUBSFA, as the case may be. Upon Written Instructions, the Escrow Agent will withhold specified amounts from repurchasing members. Any interest earned thereon will be credited to the accounts of the Fund.

Appears in 1 contract

Samples: Escrow Agreement (Ubs M3 Fund LLC)

Repurchases. The Fund from time to time may wire balances to the Repurchase Account in connection with periodic repurchases of interests by the Fund from its membersInvestors. Upon Written Instructions, the Escrow Agent shall issue promptly repurchase payments from the Repurchase Account in check form to the repurchasing member Investor or to the Manager, as the case may be. Upon Written Instructions, the Escrow Agent will withhold specified amounts from repurchasing membersInvestors. Any interest earned thereon will be credited to the accounts of the Fund.

Appears in 1 contract

Samples: Escrow Agreement (Bacap Alternative Mult Strategy Fund LLC)

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Repurchases. The Fund from time to time may wire balances to the Repurchase Account in connection with periodic repurchases of interests by the Fund from its members. Upon Written Instructions, the Escrow Agent shall issue promptly repurchase payments from the Repurchase Account in check form to the repurchasing member or to the ManagerCompany, as the case may be. Upon Written Instructions, the Escrow Agent will withhold specified amounts from repurchasing members. Any interest earned thereon will be credited to the accounts of the Fund.

Appears in 1 contract

Samples: Escrow Agreement (Db Hedge Strategies Fund LLC)

Repurchases. The Fund from time to time may wire balances to the Repurchase Account in connection with periodic repurchases of interests by the Fund from its members. Upon Written Instructions, the Escrow Agent shall issue promptly repurchase payments from the Repurchase Account in check form to the repurchasing member or to the ManagerFund, as the case may be. Upon Written Instructions, the Escrow Agent will withhold specified amounts from repurchasing members. Any interest earned thereon will be credited to the accounts of the Fund.

Appears in 1 contract

Samples: Escrow Agreement (Topiary Benefit Plan Investor Fund LLC)

Repurchases. The Fund from time to time may wire balances to the Repurchase Account in connection with periodic repurchases of interests by the Fund from its members. Upon Written Instructions, the Escrow Agent shall issue promptly repurchase payments from the Repurchase Account in check form by wire to the repurchasing member or to the Manager, as the case may bemembers whose interests have been repurchased. Upon Written Instructions, the Escrow Agent will withhold specified amounts from repurchasing membersthe amounts to be distributed to the members whose interests have been repurchased. Any interest earned thereon on amounts in the Repurchase Account will be credited to the accounts of the Fund.

Appears in 1 contract

Samples: Escrow Agreement (Mezzacappa Partners, LLC)

Repurchases. The Fund from time to time may wire balances to the Repurchase Account in connection with periodic repurchases of interests by the Fund from its members. Upon Written Instructions, the Escrow Agent shall issue promptly repurchase payments from the Repurchase Account in check form to the repurchasing member or to the ManagerHSBC, as the case may be. Upon Written Instructions, the Escrow Agent will withhold specified amounts from repurchasing members. Any interest earned thereon will be credited to the accounts of the Fund.

Appears in 1 contract

Samples: Escrow Agreement (HSBC Absolute Return Portolio LLC)

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