Common use of PROCESSING OF SUBSCRIPTIONS Clause in Contracts

PROCESSING OF SUBSCRIPTIONS. (a) The Sponsor may admit new Investors to this FuturesAccess Fund at such times and upon such notice (if any) as the Sponsor may determine. Investors’ ▇▇▇▇▇▇▇ ▇▇▇▇▇ Accounts will be debited on or about the issuance date of such Units, and the amount so debited, less any applicable sales commission, will be invested directly in the FuturesAccess Fund. No interest will be payable in respect of any such subscriptions. (b) Pursuant to Securities and Exchange Commission Rule 15c2-4, all subscriptions while held in escrow during the initial offering period pending release to this FuturesAccess Fund shall be held by a bank independent of the Sponsor, its affiliates, and their respective officers, employees, representatives and agents (each, a “Sponsor Party” and, collectively, the “Sponsor Parties”).

PROCESSING OF SUBSCRIPTIONS. (a) The Sponsor may admit new Investors to this FuturesAccess Fund at such times and upon such notice (if any) as the Sponsor may determine. Investors’ ▇M▇▇▇▇▇▇ ▇L▇▇▇▇ Accounts will be debited on or about the issuance date of such Units, and the amount so debited, less any applicable sales commission, will be invested directly in the FuturesAccess Fund. No interest will be payable in respect of any such subscriptions. (b) Pursuant to Securities and Exchange Commission Rule 15c2-4, all subscriptions while held in escrow during the initial offering period pending release to this FuturesAccess Fund shall be held by a bank independent of the Sponsor, its affiliates, and their respective officers, employees, representatives and agents (each, a “Sponsor Party” and, collectively, the “Sponsor Parties”).

PROCESSING OF SUBSCRIPTIONS. (a) The Sponsor may admit new Investors to this FuturesAccess Fund at such times and upon such notice (if any) as the Sponsor may determine. Investors’ ▇▇▇▇▇▇▇ ▇▇▇▇▇ ' Merrill Lynch Accounts will be debited on or about the issuance date ▇▇▇▇▇▇▇e ▇▇▇▇ of such Units, and the amount so debited, less any applicable sales commission, will be invested directly in the FuturesAccess Fund. No interest will be payable in respect of any such subscriptions. (b) Pursuant to Securities and Exchange Commission Rule 15c2-4, all subscriptions while held in escrow during the initial offering period pending release to this FuturesAccess Fund shall be held by a bank independent of the Sponsor, its affiliates, and their respective officers, employees, representatives and agents (each, a “"Sponsor Party” " and, collectively, the “"Sponsor Parties”").