Custody Standard. The Escrow Agent shall invest the Security Amount in Swiss Francs denominated fiduciary deposits, free of any withholding tax, with first class international banks and with a term of not more than three (3) months. Interest and other earnings from such investments shall be credited to the Escrow Account. The Escrow Agent undertakes to ensure that the Escrow Account and all funds held in it are maintained as a separate bank account, identified as a fiduciary deposit (Treuhandkonto), such that (i) the Security Amount shall be released pursuant to article 5.2 only, and (ii) no third parties (including the account holding bank) shall be entitled to make or claim any rights, liens or encumbrances to or over the Escrow Account or any funds held in it.
Custody Standard. The Escrow Agent shall hold the Escrow Share in safe custody and shall not sell, pledge, or otherwise encumber the Escrow Share. The Escrow Agent undertakes to ensure on a best effort’s basis (subject to third party attachment and similar rights) that the Escrow Share will be released in accordance with (and only in accordance with) Section 0.
Custody Standard. (a) The Escrow Agent shall hold the Shares in safe custody and shall not sell, pledge or otherwise encumber the Shares.
(b) The Escrow Agent shall ensure that the Shares are released pursuant to clause 2.4 only.
Custody Standard. The Escrow Agent shall invest the Security Amount in Swiss francs-denominated fiduciary deposits, free of any withholding tax, with first class international banks and with a term of not more than three
