Common use of Deposit arrangements Clause in Contracts

Deposit arrangements. Payment for the Securities must be received by Prime Trust, LLC (if the Subscriber resides in any state where the Offering is being conducted other than New York or Hawaii as of the date hereof) or Enterprise Bank & Trust (if the Subscriber resides in the State of New York or the State of Hawaii as of the date hereof) from Subscriber by ACH electronic transfer, wire transfer of immediately available funds, check or other means approved by the Company, in the amount as set forth on the signature page hereto. Subscriber shall receive notice and evidence of the digital entry of the number of the Securities owned by Subscriber reflected on the books and records of the Company and verified by Colonial Stock Transfer Company, Inc., the Company’s transfer agent, which books and records shall bear a notation that the Securities were sold in reliance upon Regulation A.