Common use of Interest Earnings Clause in Contracts

Interest Earnings. All interest earned on the escrow funds deposited in the Subscription Account hereunder shall be added to and held in the Accounts. Upon each closing, pursuant to Written Instructions, within 5 business days the Escrow Administrator shall issue interest payments in check form to each Potential Investor based on his individual balance in the Subscription Account along with a cover letter and to U.S. Trust Company based upon its balance in the Adviser's Account along with a cover letter. The Escrow Administrator will prepare and send notifications on Form 1099 for each calendar year to all persons who have received distributions of earnings reflecting their respective shares of such earnings.

Interest Earnings. All interest earned on the escrow funds deposited in the Subscription Account Accounts hereunder shall be added to and held in the Accounts. Upon each closing, pursuant to Written Instructions, within 5 business days the Escrow Administrator Agent shall issue interest payments in check form to each Potential Investor based on his individual balance in the Subscription Account along with a cover letter and to U.S. Trust Company the Manager based upon its balance in the Adviser's Subscription Account along with a cover letter. The Escrow Administrator Agent will prepare and send notifications on Form 1099 for each calendar year to all persons who have received distributions of earnings reflecting their respective shares of such earnings.

Interest Earnings. All interest earned on the escrow funds deposited in the Subscription Account hereunder shall be added to and held in the Accounts. Upon each closing, pursuant to Written Instructions, within 5 business days the Escrow Administrator Agent shall issue interest payments in check form to each Potential Investor based on his individual balance in the Subscription Account along with a cover letter and to U.S. Trust Company based upon its balance in the Adviser's Account along with a cover letter. The Escrow Administrator Agent will prepare and send notifications on Form 1099 for each calendar year to all persons who have received distributions of earnings reflecting their respective shares of such earnings.

Interest Earnings. All interest earned on the escrow funds deposited in the Subscription Account Accounts hereunder shall be added to and held in the Accounts. Upon each closing, pursuant to Written Instructions, within 5 business days of the crediting of such interest the Escrow Administrator Agent shall issue interest payments in check form to each Potential Investor based on his individual balance in the Subscription Account along with a cover letter and to U.S. Trust Company the Adviser based upon its balance in the Adviser's Subscription Account along with a cover letter. The Escrow Administrator Agent will prepare and send notifications on Form 1099 for each calendar year to all persons who have received distributions of earnings reflecting their respective shares of such earnings.