Common use of Segregation of Proceeds Clause in Contracts

Segregation of Proceeds. The Escrowed Funds received by the Escrow Agent and any securities or other instruments received by the Escrow Agent upon the investment or reinvestment of such Escrowed Funds, shall be received as agent for, and shall be segregated and kept apart by the Escrow Agent as agent for, the Receiptholders and the Underwriters.

Appears in 4 contracts

Samples: Subscription Receipt Agreement (Canetic Resources Trust), Subscription Receipt Agreement (Canetic Resources Trust), Paramount Energy Trust

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Segregation of Proceeds. The Escrowed Funds received by the Escrow Agent and any securities or other instruments received by the Escrow Agent upon the investment or reinvestment of such Escrowed Funds, shall be received by the Escrow Agent, as agent for, and shall be segregated and kept apart by the Escrow Agent as agent for, the Receiptholders and Mongoose, as the Underwriterscase may be.

Appears in 1 contract

Samples: Subscription Receipt Agreement

Segregation of Proceeds. The Escrowed Funds received by the Escrow Agent and any other securities or other instruments investments received by the Escrow Agent upon on the investment or reinvestment of such Escrowed Funds, shall be received by the Escrow Agent as agent foragent, and shall be segregated and kept apart by the Escrow Agent as agent for, from any assets of the Receiptholders and Escrow Agent or held by the UnderwritersEscrow Agent for Persons who are not Parties.

Appears in 1 contract

Samples: Subscription Receipt Agreement (Transcanada Corp)

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Segregation of Proceeds. The Escrowed Funds received by the Escrow Agent and any securities or other instruments received by the Escrow Agent upon the investment or reinvestment of such Escrowed Funds, shall be received by the Escrow Agent, as agent for, and shall be segregated and kept apart by the Escrow Agent as agent for, the Receiptholders and Spark, as the Underwriterscase may be.

Appears in 1 contract

Samples: Spark

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