Common use of Escrow Fund Interest Clause in Contracts

Escrow Fund Interest. Payments into the Escrow Account may, when made, be invested in instruments secured by the full faith and credit of the United States, and any interest earned thereon shall add to and become part of the Settlement Fund Amount.

Appears in 3 contracts

Samples: Settlement Agreement, Settlement Agreement, Settlement Agreement

AutoNDA by SimpleDocs

Escrow Fund Interest. Payments into the Escrow Account may, when made, be invested in instruments secured by the full faith and credit of the United States, and any interest earned thereon shall add to and become part of the Settlement Fund Amount.

Appears in 2 contracts

Samples: Settlement Agreement, Settlement Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!