Subscription Payments. An investor subscribing to purchase Shares (the “Subscriber”) will be instructed by the Dealer Manager (with respect to any sales made by the Dealer Manager) or the Dealers to remit the purchase price in the form of checks, drafts or money orders (the “Payment Instruments”) payable to the order of, or funds wired in favor of, “UMB Bank, N.A., as escrow agent for NorthStar Real Estate Income II, Inc.” or “UMB Bank, N.A., as escrow agent for NorthStar Income II” (the “Escrow Account”), or, after the Company meets the Minimum Amount, payable to the order of, or funds wired in favor of “NorthStar Real Estate Income II, Inc.” or “NorthStar Income II.” By noon of the next business day after receipt of any Payment Instruments, the Dealer Manager (with respect to any sales made by the Dealer Manager) or the Dealers shall remit, or shall cause its authorized agent or representative to remit, to the Escrow Agent the Subscription Payments. Such Subscription Payments shall be retained in the Escrow Account by the Escrow Agent and invested as set forth in Section 7 and shall be deposited within one (1) business day of receipt. In the event that any Payment Instruments deposited in the Escrow Account prove uncollectible after the funds represented thereby have been released by the Escrow Agent to the Company, then the Company shall promptly reimburse the Escrow Agent for any and all costs incurred for such, upon request, and the Escrow Agent shall deliver the uncollectible Payment Instrument to the Company. The Escrow Agent shall be under no duty or responsibility to enforce collection of any check delivered to it hereunder. Notwithstanding the foregoing, if any Subscriber exercises any right provided by law to rescind his or her subscription, the Escrow Agent shall, upon notice from the Company or the Dealer Manager, return to such Subscriber all Subscription Payments pertaining to such subscription, together with any earnings thereon during the period that such payments were held by the Escrow Agent under this Agreement.
Subscription Payments. The Subscriber shall have delivered the aggregate subscription payment for the Units in the amount specified for the Subscriber on the signature page hereto.
Subscription Payments. During the period of this Agreement, Subscription (License) Payments shall be paid by the Subscriber (Licensee) at the rate set forth in Exhibit C for the license to the PatentBook Patents.
Subscription Payments. The Investor shall have delivered the aggregate subscription payment for the Notes and Warrants in the amount specified for the Investor on the signature page hereto.
Subscription Payments. The Investor shall have delivered the Purchase Price.
Subscription Payments. (a) Payments received by us or you for Subscriptions shall be made payable to "Bank of Texas, N.A. as Escrow Agent for Reef Global Energy [VIII, IX, X, XI or XII], L.P."
Subscription Payments. (a) Payments received by us or you for Subscriptions shall be made payable to "PNC Bank N.A. as Escrow Agent for PDC 1996-A [B, C, or D, or 1997-A, B, C, or D, as the case may be] Limited Partnership".
Subscription Payments. (a) Payments received by us or you for Subscriptions shall be made payable to “Wilmington Trust, National Association, as Escrow Agent for Reef Oil & Gas Drilling and Income Fund, L.P.”
Subscription Payments. (a) Payments received by us or you for Subscriptions shall be made payable to "Bank of Texas, N.A. as Escrow Agent for Reef [2007-A, 2007-B, 2008-A, 2008-B, 2008-C, 2009-A, 2009-B] Drilling Partnership, L.P."
Subscription Payments. The Placement Agent has made arrangements for placing proceeds received from subscription for Securities in a non-interest bearing escrow account with the Escrow Agent until the Closing or the termination of this Agreement, with a provision for the prompt refund to the subscribers as set forth above, or for delivery to BOFL if Securities from this Offering are sold. The Placement Agent acknowledges and agrees that it will be a party to an Escrow Agreement (the “Escrow Agreement”), by and among the Placement Agent, Pacific Coast Community Bankers’ Bank (the “Escrow Agent”), and BOFL in a form mutually satisfactory to the parties. The Placement Agent will promptly upon receipt deliver all cash and checks received by it from subscribers to purchase the Securities to the Escrow Agent. All such subscription proceeds are to be deposited with the Escrow Agent pursuant to the Escrow Agreement. All checks for subscriptions shall be made payable to “Pacific Coast Bankers’ Bank acting as Escrow Agent for Bank of Florida Corporation”. If any checks made payable to BOFL or its transfer agent or subscription payments are delivered to Placement Agent or any Selected Dealer (as defined in Section 3(e) below), the Placement Agent or the Selected Dealer, as the case may be, will forward such checks to the Escrow Agent by noon of the next business day after receipt thereof. If the Offering shall terminate prior to the sale of the Securities due to the failure to sell the Minimum Offering Amount or any other condition precedent, all amounts paid by subscribers to purchase the Securities will be promptly refunded, without the payment of any interest earned thereon or any deduction for expenses.
