Common use of Interest on Deposit Clause in Contracts

Interest on Deposit. The Deposit shall be held by the Title Company as an earnxxx xxxey deposit towards the Purchase Price. The Deposit shall be held in Escrow in accordance with the provisions of this Agreement in a federally insured interest bearing account or other investment suitable for daily investment reasonably acceptable to Seller and 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 in this Agreement, to Buyer. The term "DEPOSIT" shall include any and all interest then accrued;

Interest on Deposit. The Deposit shall be held by the Title Company as an earnxxx xxxey xxxxxxx money deposit towards the Purchase Price. The Deposit shall be held in Escrow in accordance with the provisions of this Agreement in a federally insured interest bearing account or other investment suitable for daily investment reasonably acceptable to Seller and 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 in this Agreement, to Buyer. The term "DEPOSITDeposit" shall include any and all interest then accrued;.

Interest on Deposit. The Deposit shall be held by the Title Company as an earnxxx xxxey xxxxxxx money deposit towards the Purchase Price. The Deposit shall be held in Escrow in accordance with the provisions of this Agreement in a federally insured interest bearing account or other investment suitable for daily investment reasonably acceptable to Seller and 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 in this Agreement, to Buyer. The term "DEPOSIT" shall include any and all interest then accrued;any

Interest on Deposit. The Deposit shall be held by the Title Company as an earnxxx xxxey deposit towards the Purchase Price. The Deposit shall be held in Escrow in accordance with the provisions of this Agreement in a federally insured interest bearing account or other investment suitable for daily investment reasonably acceptable to Seller and 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 in this Agreement, to Buyer. The term "DEPOSITDeposit" shall include any and all interest then accrued;