Common use of Return of Escrow Funds to Subscribers Clause in Contracts

Return of Escrow Funds to Subscribers. Before, at or following the closing, the Managing General Partner may separately instruct the Bank in writing to return to any subscriber so specified by the Managing General Partner an amount equal to the total amount of Units subscribed for, together with interest attributable thereto, if any, as calculated by the Managing General Partner.

Appears in 9 contracts

Samples: Escrow Agreement (Reef Oil & Gas Drilling & Income Fund, L.P.), Escrow Agreement (Reef Oil & Gas Drilling & Income Fund, L.P.), Escrow Agreement (Reef 2012 - 2013 Drilling Fund, L.P.)

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Return of Escrow Funds to Subscribers. Before, at or following the closing, the Managing General Partner may separately instruct the Bank in writing to return to any subscriber so specified by the Managing General Partner an amount equal to the total full amount of Units each Interest subscribed for, together with interest attributable thereto, if any, as calculated by the Managing General Partner.

Appears in 5 contracts

Samples: Escrow Agreement (PDC 2000 Drilling Program), Escrow Agreement (PDC 1996-1997 Drilling Fund), Escrow Agreement (PDC 1996-1997 Drilling Fund)

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