Common use of Format of Checks/Escrow Agent Clause in Contracts

Format of Checks/Escrow Agent. Subject to Section 4(f) with respect to the deposit in escrow of subscriptions of Iowa and Pennsylvania residents before receipt and acceptance of $3,000,000 of subscriptions, until receipt of the Minimum Offering Amount, the General Partner and you and the Selling Dealers, including customer carrying broker/dealers, agree that all subscribers shall be instructed to make their checks, drafts, or money orders payable solely to “LEAF Equipment Leasing Income Fund III, L.P. Escrow Account” for the Partnership under the Escrow Agreement, and you agree and shall require the Selling Dealers, including customer carrying broker/dealers, to agree to comply with Rule 15c2-4 adopted under the 1934 Act. If you receive a check, draft, or money order not conforming to the foregoing instructions, then you shall return the check, draft, or money order to the Selling Dealer not later than the end of the next business day following its receipt by you. The Selling Dealer shall then return the check, draft, or money order directly to the subscriber not later than the end of the next business day following its receipt from you. Checks, drafts, or money orders received by you or a Selling Dealer which conform to the foregoing instructions shall be transmitted by you as set forth in Section 15. You represent that you have executed the Escrow Agreement and agree that you are bound by the terms of the Escrow Agreement.

Appears in 2 contracts

Samples: Selling Dealer Agreement (LEAF Equipment Leasing Income Fund III, L.P.), Selling Dealer Agreement (LEAF Equipment Leasing Income Fund III, L.P.)

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Format of Checks/Escrow Agent. Subject to Section 4(f) with respect to the deposit in escrow of subscriptions of Iowa and Pennsylvania residents before receipt and acceptance of $3,000,000 of subscriptions, until Pending receipt of the Minimum Offering Amountminimum subscription proceeds of $1,000,000 as set forth in Section 4(d) of this Agreement, the Managing General Partner and you and the Selling Dealers, including customer carrying broker/dealers, Agents agree that all subscribers shall be instructed to make their checks, drafts, or money orders payable solely to “LEAF Equipment Leasing Income Fund III"Atlas Public #11-2002 Ltd., L.P. Escrow Account” Agent, PNC Bank," as agent for the Partnership under the Escrow AgreementPartnership, and you agree and shall require the Selling Dealers, including customer carrying broker/dealers, Agents to agree to comply with Rule 15c2-4 adopted under the 1934 ActAct of 1934. If you receive a check, draft, or money order not conforming to the foregoing instructions, then you shall return the check, draft, or money order to the Selling Dealer Agent not later than the end of the next business day following its receipt by you. The Selling Dealer Agent shall then return the check, draft, or money order directly to the subscriber not later than the end of the next business day following its receipt from you. Checks, drafts, or money orders received by you or a Selling Dealer Agent which conform to the foregoing instructions shall be transmitted by you as set forth in under Section 1516 "Transmittal Procedures," below. You represent that you have executed the Escrow Agreement for the Partnership and agree that you are bound by the terms of the Escrow Agreement.Agreement executed by you, the Partnership, and the Managing General Partner, a copy of which is attached to this Agreement as Exhibit "A."

Appears in 1 contract

Samples: Escrow Agreement (Atlas America Public 11-2002 LTD)

Format of Checks/Escrow Agent. Subject to Section 4(f) with respect to the deposit in escrow of subscriptions of Iowa and Pennsylvania residents before receipt and acceptance of $3,000,000 of subscriptions, until Pending receipt of the Minimum Offering Amountminimum subscription proceeds of $2,000,000 of the Partnership as set forth in Section 4(d) of this Agreement, the Managing General Partner and you and the Selling DealersAgents, including customer carrying broker/dealers, agree that all subscribers shall be instructed to make their checks, drafts, checks or money orders wires transfers payable solely to “LEAF Equipment Leasing Income Fund III, L.P. the Escrow Account” Agent as agent for the Partnership under the as follows: “Atlas Series 27-2006 L.P., Escrow AgreementAgent, and you National City Bank of PA.” You agree and shall require the Selling Dealers, including customer carrying broker/dealers, Agents to agree to comply with Rule 15c2-4 adopted under the 1934 ActAct of 1934. In addition, for identification purposes, wire transfers should reference the subscriber’s name and the account number of the escrow account for the Partnership. If you receive a check, draft, or money order check not conforming to the foregoing instructions, then you shall return the check, draft, or money order check to the Selling Dealer Agent not later than the end noon of the next business day following its receipt by you. The Selling Dealer Agent shall then return the check, draft, or money order check directly to the subscriber not later than the end noon of the next business day following its receipt from you. Checks, drafts, or money orders Checks received by you or a Selling Dealer Agent which conform to the foregoing instructions shall be transmitted by you as set forth in under Section 1516 “Transmittal Procedures,” below. You represent that you have executed or will execute the Escrow Agreement for the Partnership and agree that you are bound by the terms of the Escrow Agreement.Agreement executed by you, the Partnership, and the Managing General Partner, a copy of which is attached to this Agreement as Exhibit “A.”

Appears in 1 contract

Samples: Escrow Agreement (Atlas Energy Resources, LLC)

Format of Checks/Escrow Agent. Subject to Section 4(f) with respect to the deposit in escrow of subscriptions of Iowa and Pennsylvania residents before receipt and acceptance of $3,000,000 6,000,000 of subscriptions, until receipt of the Minimum Offering Amount, Amount of $2,000,000 the General Partner and you and the Selling Dealers, including customer carrying broker/dealers, agree that all subscribers shall be instructed to make their checks, drafts, or money orders payable solely to “LEAF Equipment Leasing Income Fund III, L.P. Escrow Account” for the Partnership under the Escrow Agreement, and you agree and shall require the Selling Dealers, including customer carrying broker/dealers, to agree to comply with Rule 15c2-4 adopted under the 1934 Act0000 Xxx. </R> If you receive a check, draft, or money order not conforming to the foregoing instructions, then you shall return the check, draft, or money order to the Selling Dealer not later than the end of the next business day following its receipt by you. The Selling Dealer shall then return the check, draft, or money order directly to the subscriber not later than the end of the next business day following its receipt from you. Checks, drafts, or money orders received by you or a Selling Dealer which conform to the foregoing instructions shall be transmitted by you as set forth in Section 15. Xxxxxxxx Securities, Inc. Dealer-Manager Agreement You represent that you have executed the Escrow Agreement and agree that you are bound by the terms of the Escrow Agreement.

Appears in 1 contract

Samples: Escrow Agreement (LEAF Equipment Leasing Income Fund III, L.P.)

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Format of Checks/Escrow Agent. Subject to Section 4(f) with respect to the deposit in escrow of subscriptions of Iowa and Pennsylvania residents before receipt and acceptance of $3,000,000 of subscriptions, until Pending receipt of the Minimum Offering AmountAmount (subject to the additional restrictions with respect to Iowa and Pennsylvania residents as set forth in the Dealer-Manager Agreement), the General Partner Dealer-Manager and you and the Selling Dealersyou, including if you are a customer carrying broker/dealersdealer, agree that all subscribers shall be instructed to make their checks, drafts, or money orders payable solely to “LEAF Equipment Leasing Income "Lease Equity Appreciation Fund IIIII, L.P. Escrow Account” for the Partnership under the Escrow Agreement, ," and you agree and shall require the Selling Dealers, including customer carrying broker/dealers, to agree to comply with Rule 15c2-4 adopted under the 1934 Act. If you receive a check, draft, or money order not conforming to the foregoing instructions, you agree to return the check, draft, or money order directly to the subscriber not later than the end of the next business day following its receipt from the subscriber. If the Dealer-Manager receives a check, draft, or money order not conforming to the foregoing instructions, then you the Dealer-Manager shall return the check, draft, or money order to the Selling Dealer you not later than the end of the next business day following its receipt by you. The Selling Dealer the Dealer-Manager and you shall then return the check, draft, or money order directly to the subscriber not later than the end of the next business day following its receipt from youthe Dealer-Manager. Checks, drafts, or money orders received by you or a Selling Dealer which conform to the foregoing instructions shall be transmitted by you as set forth in Section 1511. Xxxxx Funding, Inc. 10 Selling Dealer Agreement You represent that you have executed the Escrow Agreement and agree that you are bound by the terms of the escrow agreement, a copy of which is attached to the Dealer-Manager Agreement as Exhibit "A" (the "Escrow Agreement").

Appears in 1 contract

Samples: Escrow Agreement (Lease Equity Appreciation Fund II, L.P.)

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