Subscription Proceeds Account definition
Subscription Proceeds Account has the meaning ascribed thereto in Section 2.1(b).
Examples of Subscription Proceeds Account in a sentence
Receipts” account (the Subscription Proceeds Account), and the Subscription Receipt Agent will retain and invest such funds solely as agent and bailee on behalf of the holders of Subscription Receipts in accordance with the terms of this Agreement pending payment and release of the Escrowed Funds in accordance with the terms of this Agreement.