Interest and Dividends. All interest earned and dividends paid on funds invested in U.S. Government Securities shall be deposited in the Escrow Account as additional Collateral for the exclusive benefit of the Beneficiaries and, if not required to be disbursed in accordance with the terms hereof, shall be reinvested in accordance with the terms hereof at the Company's written instruction.
Appears in 3 contracts
Samples: Escrow Agreement (RCN Corp /De/), Escrow Agreement (Optel Inc), Escrow and Pledge Agreement (Paging Network Do Brazil Sa)
Interest and Dividends. All interest earned and dividends paid on funds invested in U.S. Government Securities shall be deposited in the Escrow Account as additional Collateral for the exclusive benefit of the Beneficiaries and, if not required to be disbursed in accordance with the terms hereof, shall be reinvested in accordance with the terms hereof at the Company's ’s written instruction.
Appears in 2 contracts
Samples: Escrow Agreement, Escrow Agreement (Transmeridian Exploration Inc)
Interest and Dividends. All interest earned and dividends paid on the Pledged Securities or any funds invested in U.S. Government Securities shall be deposited in the Escrow Account as additional Collateral for the exclusive benefit of the Beneficiaries and, if not required to be disbursed in accordance with the terms hereof, subject to Section 6, shall be reinvested in accordance with the terms hereof at the CompanyTrustee's written instruction.
Appears in 1 contract
Samples: Escrow and Security Agreement (Bell Technology Group LTD)
