Common use of Deposits in the Escrow Account Clause in Contracts

Deposits in the Escrow Account. (1) During the Escrow Period, persons subscribing to purchase the Shares (the “Subscribers”) will be instructed by the Dealer Manager or any soliciting broker dealers or registered investment advisors to remit the purchase price in the form of checks, drafts, wires, or money orders (hereinafter “instruments of payment”) payable to the order of “UMB Bank, N.A., Escrow Agent for Xxxxxxx-Benefit Street Partners BDC Corp.,” or a recognizable contraction or abbreviation thereof. Completed subscription agreements and instruments of payment for the purchase price for Shares shall be remitted by the broker dealers or registered investment advisors, as applicable, on behalf of the Subscribers to the address designated on the subscription agreement for the receipt of such agreements and instruments of payment (the “Designated Address”) by noon of the next business day following receipt of any such instruments of payment or, if final internal supervisory review is conducted at a different location, by noon the next business day following receipt of any such instruments of payment by the office conducting final internal supervisory review. After subscriptions are received resulting in total minimum capital raised equal to the Required Capital and such funds are disbursed from the Escrow Account in accordance with Section 2(b)(1)(A) hereof, subscriptions may continue to be so submitted unless otherwise instructed by the Dealer Manager or the Company; provided that subscriptions received from Washington Subscribers shall continue to be submitted until the conditions of Section 3 have been met. Any checks, drafts or money orders received made payable to a party other than the Escrow Agent (or after the Required Capital is received, made payable to a party other than the party designated by the Dealer Manager or the Company) shall be returned to the soliciting dealer or other applicable party who submitted the check, draft or money order. All instruments of payment from each such Subscriber shall, except as otherwise specified herein, be deposited into the Escrow Account by the end of the business day on which such instruments of payment are received at the Designated Address (after the Required Capital is received, a new account may be established in the name of the Company).

Deposits in the Escrow Account. (1) During the Escrow any Intra-Month Period, persons subscribing to purchase DST Systems, Inc., in its capacity as the Shares Company’s transfer agent (the “SubscribersTransfer Agent”) ), will be instructed by the Dealer Manager or any soliciting broker dealers or registered investment advisors to remit the purchase price promptly deliver, but in the form of checks, drafts, wires, or money orders (hereinafter “instruments of payment”) payable to the order of “UMB Bank, N.A., Escrow Agent for Xxxxxxx-Benefit Street Partners BDC Corp.,” or a recognizable contraction or abbreviation thereof. Completed subscription agreements and instruments of payment for the purchase price for Shares shall be remitted by the broker dealers or registered investment advisors, as applicable, on behalf of the Subscribers to the address designated on the subscription agreement for the receipt of such agreements and instruments of payment (the “Designated Address”) by no event later than noon of the next business day following receipt by the Transfer Agent or Dealers transmitting monies and subscriptions from subscribers, any monies received from subscribers for the payment of Shares to the Escrow Agent for deposit in the Escrow Account, and the Escrow Agent shall deposit and hold in the Escrow Account any such instruments monies received directly from subscribers for the payment of payment orShares (collectively, the “Escrowed Funds”); provided, however, if the Transfer Agent receives subscription agreements and Payment Instruments at a regional office and final internal supervisory review is conducted at a different locationlocation (the “Final Review Office”), then the regional office shall transmit the subscription agreements and Payment Instruments to the Final Review Office by noon on the next business day following their receipt of any such instruments of payment by the regional office conducting final internal supervisory review. After subscriptions and the Final Review Office shall review the subscription agreements and check to ensure their proper execution and form and, if they are received resulting in total minimum capital raised equal acceptable, deliver the subscription agreements to the Required Capital Processing Agent and such the funds are disbursed from the Escrow Account in accordance with Section 2(b)(1)(A) hereof, subscriptions may continue to be so submitted unless otherwise instructed by the Dealer Manager or the Company; provided that subscriptions received from Washington Subscribers shall continue to be submitted until the conditions of Section 3 have been met. Any checks, drafts or money orders received made payable to a party other than the Escrow Agent (or by noon on the next business day after the Required Capital is received, made payable to a party other than the party designated their receipt by the Dealer Manager or the Company) shall be returned to the soliciting dealer or other applicable party who submitted the check, draft or money orderFinal Review Office. All instruments of payment from each such Subscriber shall, except as otherwise specified herein, be monies deposited into the Escrow Account by shall be held in the end Escrow Account until such funds are disbursed in accordance with this Section 2. Prior to disbursement of the business day on which such instruments of payment are received at the Designated Address (after the Required Capital is received, a new account may be established funds deposited in the name Escrow Account, such funds shall not be subject to claims by creditors of the Company)Company or any of its affiliates. If any of the Payment Instruments are returned to the Escrow Agent for nonpayment, the Escrow Agent shall promptly notify the Company in writing via mail, e-mail or facsimile of such nonpayment, and is authorized to debit the Escrow Account, as applicable in the amount of such returned payment. The Processing Agent has agreed to maintain a written account of each sale, which account shall set forth, among other things, the following information: (i) the subscriber’s name and address; (ii) the number and class of Shares purchased by such subscriber; and (iii) the amount paid by such subscriber for such Shares.

Deposits in the Escrow Account. (1) During the Escrow Period, persons subscribing to purchase the Shares (the “Subscribers”) will be instructed by the Dealer Manager or any soliciting broker dealers or registered investment advisors to remit the purchase price in the form of checks, drafts, wires, or money orders (hereinafter “instruments of payment”) payable to the order of “UMB Bank, N.A., Escrow Agent for Xxxxxxx-Benefit Street Partners BDC Corp.,” or a recognizable contraction or abbreviation thereof. Completed subscription agreements and instruments of payment for the purchase price for Shares shall be remitted by the broker dealers or registered investment advisors, as applicable, on behalf of the Subscribers to the address designated on the subscription agreement for the receipt of such agreements and instruments of payment (the “Designated Address”) by noon of the next business day following receipt of any such instruments of payment or, if final internal supervisory review is conducted at a different location, by noon promptly the next business day following receipt of any such instruments of payment by the office conducting final internal supervisory review. After subscriptions are received resulting in total minimum capital raised equal to the Required Capital and such funds are disbursed from the Escrow Account in accordance with Section 2(b)(1)(A) hereof, subscriptions may continue to be so submitted unless otherwise instructed by the Dealer Manager or the Company; provided that subscriptions received from Washington Subscribers shall continue to be submitted until the conditions of Section 3 have been met. Any checks, drafts or money orders received made payable to a party other than the Escrow Agent (or after the Required Capital is received, made payable to a party other than the party designated by the Dealer Manager or the Company) shall be returned to the soliciting dealer or other applicable party who submitted the check, draft or money order. All instruments of payment from each such Subscriber shall, except as otherwise specified herein, be deposited into the Escrow Account by the end of the business day on which such instruments of payment are received at the Designated Address (after the Required Capital is received, a new account may be established in the name of the Company).

Deposits in the Escrow Account. (1) During the Escrow Period, persons subscribing to purchase the Shares (the “Subscribers”) will be instructed by the Dealer Manager or any soliciting broker dealers or registered investment advisors to remit the purchase price will promptly deliver, but in the form of checks, drafts, wires, or money orders (hereinafter “instruments of payment”) payable to the order of “UMB Bank, N.A., Escrow Agent for Xxxxxxx-Benefit Street Partners BDC Corp.,” or a recognizable contraction or abbreviation thereof. Completed subscription agreements and instruments of payment for the purchase price for Shares shall be remitted by the broker dealers or registered investment advisors, as applicable, on behalf of the Subscribers to the address designated on the subscription agreement for the receipt of such agreements and instruments of payment (the “Designated Address”) by no event later than noon of the next business day following receipt by the Dealer Manager or other Dealers transmitting monies and subscriptions from subscribers, any monies received from subscribers for the payment of Shares to the Escrow Agent for deposit in the Escrow Account, and the Escrow Agent shall deposit and hold in the Escrow Account any such instruments monies received directly from subscribers for the payment of payment orShares (collectively, the “Escrowed Funds”); provided, however, if the Dealer Manager receives subscription agreements and checks at a branch office and final internal supervisory review is conducted at a different locationlocation (the “Final Review Office”), then the branch office shall transmit the subscription agreements and checks to the Final Review Office by noon on the next business day following their receipt of any such instruments of payment by the branch office conducting final internal supervisory review. After subscriptions and the Final Review Office shall review the subscription agreements and check to ensure their proper execution and form and, if they are received resulting in total minimum capital raised equal acceptable, deliver the subscription agreements and the funds to the Required Capital and such funds are disbursed from the Escrow Account in accordance with Section 2(b)(1)(A) hereof, subscriptions may continue to be so submitted unless otherwise instructed by the Dealer Manager or the Company; provided that subscriptions received from Washington Subscribers shall continue to be submitted until the conditions of Section 3 have been met. Any checks, drafts or money orders received made payable to a party other than the Escrow Agent (or by noon on the next business day after the Required Capital is received, made payable to a party other than the party designated their receipt by the Dealer Manager or the Company) shall be returned to the soliciting dealer or other applicable party who submitted the check, draft or money orderFinal Review Office. All instruments of payment from each such Subscriber shall, except as otherwise specified herein, be monies deposited into the Escrow Account by shall be held in the end Escrow Account until such funds are disbursed in accordance with this Section 2. Prior to disbursement of the business day on which funds deposited in the Escrow Account, such funds shall not be subject to claims by creditors of the Company or any of its affiliates. If any of the instruments of payment are received at returned to the Designated Address Escrow Agent for nonpayment prior to receipt of the Break Escrow Letter (after as described below), the Required Capital Escrow Agent shall promptly notify the Company in writing via mail, e-mail or facsimile of such nonpayment, and is receivedauthorized to debit the Escrow Account, a new account may be established as applicable in the amount of such returned payment. The Escrow Agent agrees to cause the Processing Agent to maintain a written account of each sale, which account shall set forth, among other things, the following information: (i) the subscriber’s name and address; (ii) the number and class of Shares purchased by such subscriber; and (iii) the Company)amount paid by such subscriber for such Shares. During the Escrow Period, neither the Company nor the Dealer Manager will be entitled to any principal funds deposited into the Escrow Account.

Deposits in the Escrow Account. (1) During the Escrow Period, persons subscribing to purchase the Shares (the “Subscribers”) will be instructed by the Company, the Dealer Manager or any soliciting broker dealers or registered investment advisors and the Dealers to remit the purchase price in the form of checks, drafts, wires, or money orders (hereinafter “instruments of payment”) make Payment Instruments for subscriptions payable to the order of “UMB Bank, N.A., as Escrow Agent for Xxxxxxx-Benefit Street Partners BDC Corp.,KBS Real Estate Investment Trust III, Inc.” or a recognizable contraction or abbreviation thereof. Completed subscription agreements and instruments of payment Payment Instruments for the purchase price for the Shares shall be remitted by the broker dealers or registered investment advisors, as applicable, on behalf of the Subscribers persons subscribing to purchase shares directly to the address designated on the subscription agreement for the receipt of such agreements and instruments of payment (the “Designated Address”Escrow Agent as provided in Section 12(b) by noon the end of the next business day following receipt of any such instruments of payment Payment Instruments or, if final internal supervisory review is conducted at a different location, by noon the end of the next business day following receipt of any such instruments of payment Payment Instruments by the office conducting final internal supervisory review. After subscriptions are received resulting The Escrow Agent hereby agrees to maintain the funds contributed by the Pennsylvania Subscribers and the Tennessee Subscribers, in total minimum capital raised equal to a manner in which they may be separately accounted for by the Required Capital records of the Processing Agent so that the requirements of Sections 3 and 4 of this Agreement can be met. Deposits shall be held in the Escrow Account until such funds are disbursed from the Escrow Account in accordance with this Section 2(b)(1)(A) hereof2. Prior to disbursement of the funds deposited in the Escrow Account, subscriptions may continue upon receipt of the Payment Instruments, Escrow Agent shall fax or scan a listing of the subscriber name and purchase price to Processing Agent, together with all other subscription documents sent with the Payment Instruments. Prior to disbursement of the funds deposited in the Escrow Account, such funds shall not be subject to claims by creditors of the Company or any of its affiliates. If any of the Payment Instruments are returned to the Escrow Agent for nonpayment prior to receipt of the Break Escrow Affidavit (as described below), the Escrow Agent shall promptly notify the Processing Agent and the Company in writing via mail, email or facsimile of such nonpayment, and the Escrow Agent is authorized to debit the Escrow Account, as applicable in the amount of such returned payment and the Processing Agent shall delete the appropriate account from the records maintained by the Processing Agent. Within 30 days from the date of receipt of each subscription, the Company will determine whether or not the subscription is to be so submitted unless otherwise instructed accepted or rejected in whole or in part. Within 10 business days of receipt by the Escrow Agent of written notice from the Company, or as soon thereafter as practicable, that a subscription has been rejected, the Escrow Agent shall transfer by check the funds and all interest, if any, earned thereon, of any subscribers whose subscription has been rejected since the commencement of the Offering. The Processing Agent will maintain a written account of each sale, which account shall set forth, among other things, the following information: (i) the subscriber’s name and address; (ii) the subscriber’s social security number; (iii) the number of Shares purchased by such subscriber; and (iv) the amount paid by such subscriber for such Shares. During the Escrow Period neither the Company nor the Dealer Manager or the Company; provided that subscriptions will be entitled to any principal funds received from Washington Subscribers shall continue to be submitted until the conditions of Section 3 have been met. Any checks, drafts or money orders received made payable to a party other than the Escrow Agent (or after the Required Capital is received, made payable to a party other than the party designated by the Dealer Manager or the Company) shall be returned to the soliciting dealer or other applicable party who submitted the check, draft or money order. All instruments of payment from each such Subscriber shall, except as otherwise specified herein, be deposited into the Escrow Account by the end of the business day on which such instruments of payment are received at the Designated Address (after the Required Capital is received, a new account may be established in the name of the Company)Account.

Deposits in the Escrow Account. (1) During the Escrow Period, persons subscribing to purchase the Shares (the “Subscribers”) will be instructed by the Dealer Manager or any soliciting broker dealers or registered investment advisors to remit the purchase price will promptly deliver, but in the form of checks, drafts, wires, or money orders (hereinafter “instruments of payment”) payable to the order of “UMB Bank, N.A., Escrow Agent for Xxxxxxx-Benefit Street Partners BDC Corp.,” or a recognizable contraction or abbreviation thereof. Completed subscription agreements and instruments of payment for the purchase price for Shares shall be remitted by the broker dealers or registered investment advisors, as applicable, on behalf of the Subscribers to the address designated on the subscription agreement for the receipt of such agreements and instruments of payment (the “Designated Address”) by no event later than noon of the next business day following receipt by the Dealer Manager or other Dealers transmitting monies and subscriptions from subscribers, any monies received from subscribers for the payment of Shares to the Escrow Agent for deposit in the Escrow Account, and the Escrow Agent shall deposit and hold in the Escrow Account any such instruments monies received directly from subscribers for the payment of payment orShares (collectively, the “Escrowed Funds”); provided, however, if the Dealer Manager receives subscription agreements and checks at a branch office and final internal supervisory review is conducted at a different locationlocation (the “Final Review Office”), then the branch office shall transmit the subscription agreements and checks to the Final Review Office by noon on the next business day following their receipt of any such instruments of payment by the branch office conducting final internal supervisory review. After subscriptions and the Final Review Office shall review the subscription agreements and check to ensure their proper execution and form and, if they are received resulting in total minimum capital raised equal acceptable, deliver the subscription agreements and the funds to the Required Capital and such funds are disbursed from the Escrow Account in accordance with Section 2(b)(1)(A) hereof, subscriptions may continue to be so submitted unless otherwise instructed by the Dealer Manager or the Company; provided that subscriptions received from Washington Subscribers shall continue to be submitted until the conditions of Section 3 have been met. Any checks, drafts or money orders received made payable to a party other than the Escrow Agent (or by noon on the next business day after the Required Capital is received, made payable to a party other than the party designated their receipt by the Dealer Manager or the Company) shall be returned to the soliciting dealer or other applicable party who submitted the check, draft or money orderFinal Review Office. All instruments of payment from each such Subscriber shall, except as otherwise specified herein, be monies deposited into the Escrow Account by shall be held in the end Escrow Account until such funds are disbursed in accordance with this Section 2. Prior to disbursement of the business day on which funds deposited in the Escrow Account, such funds shall not be subject to claims by creditors of the Company or any of its affiliates. If any of the instruments of payment are received at returned to the Designated Address Escrow Agent for nonpayment prior to receipt of the Break Escrow Letter (after as described below), the Required Capital Escrow Agent shall promptly notify the Company in writing via mail, e-mail or facsimile of such nonpayment, and is receivedauthorized to debit the Escrow Account, a new account may be established as applicable in the amount of such returned payment. The Escrow Agent agrees to cause the Processing Agent to maintain a written account of each sale, which account shall set forth, among other things, the following information: (i) the subscriber’s name and address; (ii) the number of Shares purchased by such subscriber; and (iii) the Company)amount paid by such subscriber for such Shares. During the Escrow Period, neither the Company nor the Dealer Manager will be entitled to any principal funds deposited into the Escrow Account.

Deposits in the Escrow Account. (1) During the Escrow Period, persons subscribing to purchase the Shares (the “Subscribers”) will be instructed by the Company, the Dealer Manager or any soliciting broker dealers or registered investment advisors and the Dealers to remit the purchase price in the form of checks, drafts, wires, or money orders (hereinafter “instruments of payment”) make Payment Instruments for subscriptions payable to the order of “UMB Bank, N.A., as Escrow Agent for Xxxxxxx-Benefit Street Partners BDC Corp.,KBS Real Estate Investment Trust III, Inc.” or a recognizable contraction or abbreviation thereof. Completed subscription agreements and instruments of payment Payment Instruments for the purchase price for the Shares shall be remitted by the broker dealers or registered investment advisors, as applicable, on behalf of the Subscribers persons subscribing to purchase shares directly to the address designated on the subscription agreement for the receipt of such agreements and instruments of payment (the “Designated Address”Escrow Agent as provided in Section 12(b) by noon the end of the next business day following receipt of any such instruments of payment Payment Instruments or, if final internal supervisory review is conducted at a different location, by noon the end of the next business day following receipt of any such instruments of payment Payment Instruments by the office conducting final internal supervisory review. After subscriptions are received resulting The Escrow Agent hereby agrees to maintain the funds contributed by the Pennsylvania Subscribers and the Tennessee Subscribers in total minimum capital raised equal to a manner in which they may be separately accounted for by the Required Capital records of the Processing Agent so that the requirements of Sections 3 and 4 of this Agreement can be met. Deposits shall be held in the Escrow Account until such funds are disbursed from the Escrow Account in accordance with this Section 2(b)(1)(A) hereof2. Prior to disbursement of the funds deposited in the Escrow Account, subscriptions may continue upon receipt of the Payment Instruments, Escrow Agent shall fax or scan a listing of the subscriber name and purchase price to Processing Agent, together with all other subscription documents sent with the Payment Instruments. Prior to disbursement of the funds deposited in the Escrow Account, such funds shall not be subject to claims by creditors of the Company or any of its affiliates. If any of the Payment Instruments are returned to the Escrow Agent for nonpayment prior to receipt of the Break Escrow Affidavit (as described below), the Escrow Agent shall promptly notify the Processing Agent and the Company in writing via mail, email or facsimile of such nonpayment, and the Escrow Agent is authorized to debit the Escrow Account, as applicable in the amount of such returned payment and the Processing Agent shall delete the appropriate account from the records maintained by the Processing Agent. Within 30 days from the date of receipt of each subscription, the Company will determine whether or not the subscription is to be so submitted unless otherwise instructed accepted or rejected in whole or in part. Within 10 business days of receipt by the Escrow Agent of written notice from the Company, or as soon thereafter as practicable, that a subscription has been rejected, the Escrow Agent shall transfer by check the funds and all interest, if any, earned thereon, of any subscribers whose subscription has been rejected since the commencement of the Offering. The Processing Agent will maintain a written account of each sale, which account shall set forth, among other things, the following information: (i) the subscriber’s name and address; (ii) the subscriber’s social security number; (iii) the number of Shares purchased by such subscriber; and (iv) the amount paid by such subscriber for such Shares. During the Escrow Period neither the Company nor the Dealer Manager or the Company; provided that subscriptions will be entitled to any principal funds received from Washington Subscribers shall continue to be submitted until the conditions of Section 3 have been met. Any checks, drafts or money orders received made payable to a party other than the Escrow Agent (or after the Required Capital is received, made payable to a party other than the party designated by the Dealer Manager or the Company) shall be returned to the soliciting dealer or other applicable party who submitted the check, draft or money order. All instruments of payment from each such Subscriber shall, except as otherwise specified herein, be deposited into the Escrow Account by the end of the business day on which such instruments of payment are received at the Designated Address (after the Required Capital is received, a new account may be established in the name of the Company)Account.

Deposits in the Escrow Account. (1) During the Escrow Period, persons subscribing to purchase the Shares (the “Subscribers”) Distribution Manager will be instructed by the Dealer Manager or any soliciting broker dealers or registered investment advisors to remit the purchase price promptly deliver, but in the form of checks, drafts, wires, or money orders (hereinafter “instruments of payment”) payable to the order of “UMB Bank, N.A., Escrow Agent for Xxxxxxx-Benefit Street Partners BDC Corp.,” or a recognizable contraction or abbreviation thereof. Completed subscription agreements and instruments of payment for the purchase price for Shares shall be remitted by the broker dealers or registered investment advisors, as applicable, on behalf of the Subscribers to the address designated on the subscription agreement for the receipt of such agreements and instruments of payment (the “Designated Address”) by no event later than noon of the next business day following receipt by the Distribution Manager or other Dealers transmitting monies and subscriptions from subscribers, any monies received from subscribers for the payment of Shares to the Escrow Agent for deposit in the Escrow Account, and the Escrow Agent shall deposit and hold in the Escrow Account any such instruments monies received directly from subscribers for the payment of payment orShares (collectively, the “Escrowed Funds”); provided, however, if the Distribution Manager receives subscription agreements and checks at a branch office and final internal supervisory review is conducted at a different locationlocation (the “Final Review Office”), then the branch office shall transmit the subscription agreements and checks to the Final Review Office by noon on the next business day following their receipt of any such instruments of payment by the branch office conducting final internal supervisory review. After subscriptions and the Final Review Office shall review the subscription agreements and check to ensure their proper execution and form and, if they are received resulting in total minimum capital raised equal acceptable, deliver the subscription agreements and the funds to the Required Capital and such funds are disbursed from the Escrow Account in accordance with Section 2(b)(1)(A) hereof, subscriptions may continue to be so submitted unless otherwise instructed by the Dealer Manager or the Company; provided that subscriptions received from Washington Subscribers shall continue to be submitted until the conditions of Section 3 have been met. Any checks, drafts or money orders received made payable to a party other than the Escrow Agent (or by noon on the next business day after the Required Capital is received, made payable to a party other than the party designated their receipt by the Dealer Manager or the Company) shall be returned to the soliciting dealer or other applicable party who submitted the check, draft or money orderFinal Review Office. All instruments of payment from each such Subscriber shall, except as otherwise specified herein, be monies deposited into the Escrow Account by shall be held in the end Escrow Account and invested as set forth in Section 3 until such funds are disbursed in accordance with this Section 2. Prior to disbursement of the business day on which funds deposited in the Escrow Account, such funds shall not be subject to claims by creditors of the Company or any of its affiliates. If any of the instruments of payment are received at returned to the Designated Address Escrow Agent for nonpayment prior to receipt of the Break Escrow Letter (after as described below), the Required Capital Escrow Agent shall promptly notify the Company in writing via mail, e-mail or facsimile of such nonpayment, and is receivedauthorized to debit the Escrow Account, a new account may be established as applicable in the amount of such returned payment. The Processing Agent has agreed to maintain a written account of each sale, which account shall set forth, among other things, the following information: (i) the subscriber’s name and address; (ii) the number and class of Shares purchased by such subscriber; and (iii) the Company)amount paid by such subscriber for such Shares. During the Escrow Period, neither the Company nor the Distribution Manager will be entitled to any funds deposited into the Escrow Account.