Upon acceptance of a Subscription. (a) hold all monies received in a special account for the benefit of the Company. Promptly following the Expiration Time the Subscription Agent shall distribute to the Company the funds in such account and issue certificates for shares of Additional Common Stock issuable with respect to Subscriptions which have been accepted.
Upon acceptance of a Subscription. (a) hold all monies received in a special account for the benefit of the Company. Promptly following the Expiration Time but after the determination as to the identity of persons to receive and the number of shares of Additional Common Stock to be issued pursuant to the Over- Subscription Privilege, you shall distribute to the Company the funds in such account and issue certificates for shares of Additional Common Stock issuable with respect to Subscriptions which have been accepted.
Upon acceptance of a Subscription. (a) hold all monies received in a special account for the benefit of the Company. Promptly following the Expiration Time ChaseMellon shall distribute to the Company the funds in such account and issue certificates for shares of Additional Common Stock issuable with respect to Subscriptions which have been accepted.
Upon acceptance of a Subscription. (a) hold all monies received in a special account for the benefit of the Company. Promptly following the Expiration Time Mellon shall distribute to the Company the funds in such account and issue certificates for shares of Additional Common Stock issuable with respect to Subscriptions which have been accepted.
Upon acceptance of a Subscription. (a) Promptly following the Expiration Time you shall distribute to the Company the funds in such account and issue certificates for shares of Additional Common Stock issuable with respect to Subscriptions which have been accepted.
Upon acceptance of a Subscription. (a) hold all monies received from the Eligible Holders’ exercise of their Rights under the Over-Subscription Privilege in a special, segregated account for the benefit of the Company. You will not be obligated to calculate or pay interest to any holder or any other party claiming through a holder or otherwise. Eligible Holders will be permitted to pay the Subscription Price for Shares with immediately available funds represented by cashier’s or certified check or wire transfer, but not by personal check.
Upon acceptance of a Subscription. (a) hold all monies received in a special account for the benefit of the Company. Promptly following the Expiration Time you shall distribute to the Company the funds in such account and issue certificates for shares of Preferred Stock issuable with respect to Subscriptions which have been accepted. It is hereby agreed immediately following the effective date of the Subscription, immediately available funds, represented by certified check, money order, or wire transfer but not personal check, will be deposited with you and interest shall accrue on such funds ("Payment Fund") prior to any payment date (date of distribution to the Rights Holder) for the benefit of the Rights Holder in accordance with the "Investment Provision" described below: Mellon Bank, N.A. shall pay interest to the Rights Holder on the average daily balance of the Payment Fund at the Dreyfus General Money Market Class B Rate, less an investment service fee equal to $2,500.00 plus 1.00% per annum of the average daily balance of the Payment Fund for a period up to but not including the date of transfer of funds to the Company following the expiration of the Subscription. Immediately available funds must be received prior to 12:00 p.m. Noon Eastern Daylight Time. Funds received after this time will not earn interest for the Rights Holder until the following business day. Interest shall be paid immediately following the expiration and acceptance of the Rights Subscription by the Company. Interest shall not be paid unless all outstanding invoices have been paid by the Company.
Upon acceptance of a Subscription. (i) hold all monies received in a special escrow account for the benefit of the Company. Promptly following the Expiration Time you shall distribute to the Company the funds in such account and issue certificates for shares of Additional Common Stock issuable with respect to Subscriptions which have been accepted.
Upon acceptance of a Subscription. (i) Hold all funds received from Rights holders in a special interest bearing account for the benefit of the Company. Promptly following the Expiration Time you shall distribute to the Company the funds in such account (including interest thereon) and issue certificates for shares of Additional Common Stock issuable to those Rights holders whose Subscriptions have been accepted;
Upon acceptance of a Subscription. (i) hold all monies received in a special separate and segregated account for the benefit of the Company;
