Examples of Subscription Funds in a sentence
For the avoidance of doubt, no interest is payable on the Advance Subscription Funds in any circumstance.
No such fee or reimbursement expenses shall be paid out of or chargeable to the Subscription Funds on deposit in the Escrow Account.
The Subscription Receipt Agent shall retain the Escrowed Subscription Funds for the benefit of the holders of the Subscription Receipts and, upon the delivery of the Escrow Release Notice to the Subscription Receipt Agent (at or before the Escrow Release Deadline), retroactively for the benefit of the Corporation and the Agents in accordance with the provisions of this Agreement.
The Company hereby appoints the Escrow Agent to hold the Subscription Funds in escrow on behalf of the Company.
The Placement Agent will deliver all Subscription Funds received by it from subscribers to the Escrow Agent for deposit in the Escrow Account by 12:00p.m. Central Time the Business Day following receipt.