Common use of Interest on Deposit Clause in Contracts

Interest on Deposit. The Deposit shall be held in Escrow in accordance with the provisions of this Agreement in an interest bearing, federally insured account at a bank or other financial institution designated by the Title Company and reasonably acceptable to Buyer, and all interest accruing thereon shall be credited to the account of Buyer, except as otherwise provided herein, and shall be considered to be a part of the Deposit.

Interest on Deposit. The Subject to the provisions of Section 3.6 below, the Deposit shall be held in Escrow in accordance with the provisions of this Agreement in an interest bearing, federally insured account at a bank or other financial institution designated by the Title Company and reasonably acceptable to Buyer, and all interest accruing thereon shall be credited to the account of Buyer, except as otherwise provided herein, and shall be considered to be a part of the Deposit.

Interest on Deposit. The Deposit shall be held by the Escrow Agent as an xxxxxxx money deposit towards the Purchase Price. The Deposit shall be held in Escrow in accordance with the provisions of this Agreement in an interest bearing, a federally insured interest bearing account at a bank or other financial institution designated by the Title Company and investment suitable for daily investment reasonably acceptable to Buyer, Seller and all interest accruing thereon shall be credited to Buyer (and in any event with any risk of loss for the account of Buyer) with any interest accruing thereon to be paid or credited, except as otherwise provided hereinin this Agreement, and shall be considered to be a part of the Deposit.Buyer;

Interest on Deposit. The Deposit shall be held in an interest-bearing account by the Title Company as an xxxxxxx money deposit toward the Purchase Price. The Deposit shall be held in Escrow (as defined below) in accordance with the provisions of this Agreement in an interest bearing, federally insured account at a bank or other financial institution designated by the Title Company and reasonably acceptable to Buyer, and all with any interest accruing thereon shall to be credited to the account of Buyerpaid or credited, except as otherwise provided hereinin this Agreement, and shall be considered to be a part of the DepositBuyer.

Interest on Deposit. The Deposit shall be held by Escrow Holder in Escrow an interest-bearing account in accordance with the provisions of this Agreement in an Agreement, with interest bearing, federally insured account at a bank or other financial institution designated by accruing to the Title Company and reasonably acceptable benefit of Buyer prior to Buyer, its release to Seller. The term “Deposit” shall include any and all interest accruing thereon shall be credited to the account of Buyer, except as otherwise provided herein, and shall be considered to be a part of the Depositthen accrued.