Common use of DISTRIBUTIONS AND CLOSINGS Clause in Contracts

DISTRIBUTIONS AND CLOSINGS. Upon Written Instructions, at each closing of each offering of interests in the Company, the Escrow Agent will wire principal balances on deposit in the Subscription Account to the account designated by the Company. Such Written Instructions shall be sent to the Escrow Agent by 2:00 p.m. on the closing date with respect to each closing. In the event that a Potential Investor who has escrow funds in the Subscription Account is not admitted into the Company, upon Written Instructions, the Escrow Agent shall promptly issue refunds to the Potential Investor in the amount of the principal balance with accrued interest. Such refunds shall be made in check form.

DISTRIBUTIONS AND CLOSINGS. Upon Written Instructions, at each closing of each offering of interests in the Company, the Escrow Agent will wire principal balances on deposit in the Subscription Account to the account designated by the Company. Such Written Instructions shall be sent to the Escrow Agent by 2:00 p.m. on the closing date with respect to each closing. In the event that a Potential Investor Member who has escrow funds in the Subscription Account is not admitted into the Company, upon Written Instructions, the Escrow Agent shall promptly issue refunds to the Potential Investor Member in the amount of the principal balance with accrued interest. Such refunds shall be made in check formby wire.

DISTRIBUTIONS AND CLOSINGS. Upon Written Instructions, at each closing of each offering of interests in the Company, the Escrow Agent will wire principal balances on deposit in the Subscription Account to the account designated by the Company. Such Written Instructions shall be sent to the Escrow Agent by 2:00 p.m. on the closing date with respect to each closing. In the event that a Potential Investor Member who has escrow funds in the Subscription Account is not admitted into the Company, upon Written Instructions, the Escrow Agent shall promptly issue refunds to the Potential Investor Member in the amount of the principal balance with accrued interestbalance. Such refunds shall be made in check formby wire.

DISTRIBUTIONS AND CLOSINGS. Upon Written Instructions, at each closing of each offering of interests in the CompanyFund, the Escrow Agent will wire principal balances on deposit in the Subscription Account to the account designated by the CompanyFund. Such Written Instructions shall be sent to the Escrow Agent by 2:00 1:00 p.m. on the closing date with respect to each closing. In the event that a Potential Investor who has escrow funds in the Subscription Account is not admitted into the CompanyFund, upon Written Instructions, the Escrow Agent shall promptly issue refunds to the Potential Investor in the amount of the principal balance with accrued interest. Such refunds shall be made in check form.form or by wire transfer to the brokerage account of the Potential Investor at UBS PaineWebber Inc.

DISTRIBUTIONS AND CLOSINGS. Upon Written Instructions, at each closing of each offering of interests in the CompanyFund, the Escrow Agent will wire principal balances on deposit in the Subscription Account to the account designated by the CompanyFund. Such Written Instructions shall be sent to the Escrow Agent by 2:00 p.m. on the closing date with respect to each closing. In the event that a Potential Investor who has escrow funds in the Subscription Account is not admitted into the CompanyFund, upon Written Instructions, the Escrow Agent shall promptly issue refunds to the Potential Investor in the amount of the principal balance with accrued interest. Such refunds shall be made in check formform or by wire transfer to the brokerage account of the Potential Investor at PaineWebber Incorporated.

DISTRIBUTIONS AND CLOSINGS. Upon Written Instructions, at each closing of each offering of interests in the CompanyFund, the Escrow Agent will wire principal balances on deposit in the Subscription Account to the account designated by the CompanyFund. Such Written Instructions shall be sent to the Escrow Agent by 2:00 p.m. on the closing date with respect to each closing. In the event that a Potential Investor who has escrow funds in the Subscription Account is not admitted into the CompanyFund, upon Written Instructions, the Escrow Agent shall promptly issue refunds to the Potential Investor in the amount of the principal balance with accrued interest. Such refunds shall be made in check form.

DISTRIBUTIONS AND CLOSINGS. Upon Written Instructions, at each closing of each offering of interests in the Company, the Escrow Agent will wire principal balances on deposit in the Subscription Account to the account designated by the Company. Such Written Instructions shall be sent to the Escrow Agent by 2:00 p.m. on the closing date with respect to each closing. In the event that a Potential Investor who has escrow funds in the Subscription Account is not admitted into the Company, upon Written Instructions, the Escrow Agent shall promptly issue refunds to the Potential Investor in the amount of the principal balance with accrued interestbalance. Such refunds shall be made in check wire form.

DISTRIBUTIONS AND CLOSINGS. Upon Written Instructions, at each closing of each offering of interests in the CompanyPartnership, the Escrow Agent will wire principal balances on deposit in the Subscription Account to the Partnership's account designated by at the CompanyPartnership's custodian. Such Written Instructions shall be sent to the Escrow Agent by 2:00 p.m. pm. on the closing date with respect to each closing. In the event that a Potential Investor who has escrow funds in the Subscription Account is not admitted into the CompanyPartnership, upon Written Instructions, the Escrow Agent shall promptly issue refunds to the Potential Investor in check form in the amount of the principal balance with accrued interest. Such refunds shall be made in check form.

DISTRIBUTIONS AND CLOSINGS. Upon Written Instructions, at each closing of each offering of interests in the Company, the Escrow Agent will wire principal balances on deposit in the Subscription Account to the account designated by the Company. Such Written Instructions shall be sent to the Escrow Agent by 2:00 p.m. E.T. on the closing date with respect to each closing. In the event that a Potential Investor who has escrow funds in the Subscription Account is not admitted into the Company, upon Written Instructions, the Escrow Agent shall promptly issue refunds to the Potential Investor in the amount of the principal balance with accrued interest. Such refunds shall be made in check form.

DISTRIBUTIONS AND CLOSINGS. Upon Written Instructions, at each closing of each offering of interests in the Company, the Escrow Agent will wire principal balances on deposit in the Subscription Account to the account designated by the Company. Such Written Instructions shall must be sent to the Escrow Agent by 2:00 p.m. (Eastern Time) on the closing date with respect to each closing. In the event that a Potential Investor who has escrow funds in the Subscription Account is not admitted into the Company, upon Written Instructions, the Escrow Agent shall promptly issue refunds by wire to the Potential Investor in the amount of the principal balance with accrued interest. Such refunds shall be made in check formbalance.

DISTRIBUTIONS AND CLOSINGS. Upon Written Instructions, at each closing of each offering of interests shares in the Company, the Escrow Agent will wire principal balances on deposit in the a Subscription Account to the an account designated by the Company. Such Written Instructions shall be sent to the Escrow Agent by 2:00 p.m. on the closing date with respect to each closing. In the event that a Potential Investor who has escrow funds in the a Subscription Account is not admitted into the Company, upon Written Instructions, the Escrow Agent shall promptly issue refunds to the Potential Investor in the amount of the principal balance with accrued interest. Such refunds shall be made in check form.

DISTRIBUTIONS AND CLOSINGS. Upon Written Instructions, at each closing of each offering of interests in the Company, the Escrow Agent will wire principal balances on deposit in the Subscription Account to the account designated by the Company. Such Written Instructions shall be sent to the Escrow Agent by 2:00 p.m. on the closing date with respect to each closing. In the event that a Potential Investor who has escrow funds in the Subscription Account is not admitted into the Company, upon Written Instructions, the Escrow Agent shall promptly issue refunds to the Potential Investor in the amount of the principal balance with accrued interest. Such refunds shall be made in check wire form.

DISTRIBUTIONS AND CLOSINGS. Upon Written Instructions, at each closing of each offering of interests in the CompanyFund, the Escrow Agent will wire principal balances on deposit in the Subscription Account to the account designated by the CompanyFund. Such Written Instructions shall be sent to the Escrow Agent by 2:00 1:00 p.m. on the closing date with respect to each closing. In the event that a Potential Investor who has escrow funds in the Subscription Account is not admitted into the CompanyFund, upon Written Instructions, the Escrow Agent shall promptly issue refunds to the Potential Investor in the amount of the principal balance with accrued interest. Such refunds shall be made in check formform or by wire transfer to the brokerage account of the Potential Investor at HSBC.

DISTRIBUTIONS AND CLOSINGS. Upon Written Instructions, at each closing of each offering of interests in the Company, the Escrow Agent Administrator will wire principal balances on deposit in the Subscription Account to the Company's account designated by at the Company's custodian. Such Written Instructions shall be sent to the Escrow Agent Administrator by 2:00 p.m. pm. on the closing date with respect to each closing. In the event that a Potential Investor who has escrow funds in the Subscription Account is not admitted into the Company, upon Written Instructions, the Escrow Agent Administrator shall promptly issue refunds to the Potential Investor in check form in the amount of the principal balance with accrued interest. Such refunds shall be made in check form.

DISTRIBUTIONS AND CLOSINGS. Upon Written Instructions, at each closing of each offering of interests in the Company, the Escrow Agent Administrator will wire principal balances on deposit in the Subscription Account to the Company’s account designated by at the Company’s custodian. Such Written Instructions shall be sent to the Escrow Agent Administrator by 2:00 p.m. pm. on the closing date with respect to each closing. In the event that a Potential Investor who has escrow funds in the Subscription Account is not admitted into the Company, upon Written Instructions, the Escrow Agent Administrator shall promptly issue refunds to the Potential Investor in check form in the amount of the principal balance with accrued interest. Such refunds shall be made in check form.

DISTRIBUTIONS AND CLOSINGS. Upon Written Instructions, at each closing of each offering of interests in the Company, the Escrow Agent will immediately wire principal balances on deposit in the Subscription Account to the account designated by the Company. Such Written Instructions shall be sent to the Escrow Agent by 2:00 p.m. on the closing date with respect to each closing. In the event that a Potential Investor who has escrow funds in the Subscription Account is not admitted into the Company, upon Written Instructions, the Escrow Agent shall promptly issue refunds to the Potential Investor in the amount of the Potential Investor's principal balance with accrued interestbalance. Such refunds shall be made in check form.

DISTRIBUTIONS AND CLOSINGS. Upon Written Instructions, at each closing of each offering of interests in the CompanyFund, the Escrow Agent will wire principal balances on deposit in the Subscription Account to the account designated by the CompanyFund. Such Written Instructions shall be sent to the Escrow Agent by 2:00 1:00 p.m. on the closing date with respect to each closing. In the event that a Potential Investor who has escrow funds in the Subscription Account is not admitted into the CompanyFund, upon Written Instructions, the Escrow Agent shall promptly issue refunds to the Potential Investor in the amount of the principal balance with accrued interest. Such refunds shall be made in check formform or by wire transfer to the brokerage account of the Potential Investor at ______________.

DISTRIBUTIONS AND CLOSINGS. Upon Written Instructions, at each closing of each offering of interests in the CompanyTrust, the Escrow Agent will wire principal balances on deposit in the Subscription Account to the account designated by the CompanyTrust. Such Written Instructions shall be sent to the Escrow Agent by 2:00 1:00 p.m. on the closing date with respect to each closing. In the event that a Potential Investor who has escrow funds in the Subscription Account is not admitted into the CompanyTrust, upon Written Instructions, the Escrow Agent shall promptly issue refunds to the Potential Investor in the amount of the principal balance with accrued interest. Such refunds shall be made in check formform or by wire transfer to the brokerage account of the Potential Investor at [PARTY 2].

DISTRIBUTIONS AND CLOSINGS. Upon Written Instructions, at each closing of each offering of interests in the CompanyFund, the Escrow Agent will wire principal balances on deposit in the Subscription Account to the account designated by the Company. Such Written Instructions shall be sent to the Escrow Agent by 2:00 p.m. on the closing date with respect to each closing. In the event that a Potential Investor who has escrow funds in the Subscription Account is not admitted into the CompanyFund, upon Written Instructions, the Escrow Agent shall promptly issue refunds to the Potential Investor in the amount of the principal balance with accrued interest. Such refunds shall be made in check form.

DISTRIBUTIONS AND CLOSINGS. Upon Written Instructions, at each closing of each offering of interests in the CompanyFund, the Escrow Agent will wire principal balances on deposit in the Subscription Account to the account designated by the CompanyFund. Such Written Instructions shall be sent to the Escrow Agent by 2:00 1:00 p.m. on the closing date with respect to each closing. In the event that a Potential Investor who has escrow funds in the Subscription Account is not admitted into the CompanyFund, upon Written Instructions, the Escrow Agent shall promptly issue refunds to the Potential Investor in the amount of the principal balance with accrued interest. Such refunds shall be made in check form.form or by wire transfer to the brokerage account of the Potential Investor at UBS Financial Services Inc.

DISTRIBUTIONS AND CLOSINGS. Upon Written Instructions, at each closing of each offering of interests in the Company, the Escrow Agent will wire principal balances on deposit in the Subscription Account to the account designated by the Company. Such Written Instructions shall be sent to the Escrow Agent by 2:00 p.m. E.T. on the closing date with respect to each closing. In the event that a Potential Investor who has escrow funds in the Subscription Account is not admitted into the Company, upon Written Instructions, the Escrow Agent shall promptly issue refunds to the Potential Investor in the amount of the principal balance with accrued interest. Such refunds shall be made in check formby wire transfer.