Investment of Escrow. The Escrow Agent shall invest and reinvest cash balances in the Escrow each day in such money market or other short-term investment funds as shall be specified in writing jointly by TAS and by TIMCO, as evidenced by a resolution of the Special Committee of the Board of Directors of TIMCO certified to the Escrow Agent by the secretary or assistant secretary of TIMCO; provided, however, that no investment or reinvestment may be made except in the following:
Investment of Escrow. The Escrow Agent shall invest all cash, if any, held as part of the Escrow Deposit only in such specific investments as the Company, The Inlogic Shareholders and the Escrow Representative shall from time to time jointly direct in writing to the Escrow Agent. If the amount of cash is insufficient to invest the cash will be deposited into an interest bearing trust account of the Escrow Agent. Until further written notice, cash in the Escrow Deposit shall be invested in an interest bearing trust account of the Escrow Agent secured by federal regulators, money market funds, guaranteed investment certificates, treasury bills, or any debtor bond 3 - 3 - obligations rated AAA by Standard & Poor's or Dominion Bond Rating Service, or the equivalent rating by such other rating agency as the Escrow Representative, the Company and the Inlogic Shareholders may direct. Unless otherwise directed in writing by the Escrow Representative, the Company and the Inlogic Shareholders, the Escrow Agent shall not invest all or any portion of the Escrow Deposit in any investment if the maturity date of such investment is later than the last day of the Escrow Period (as defined below).
Investment of Escrow. Any cash that may from time to time be part of the Escrow Deposits, and all interest earned thereon shall be invested by the Escrow Agent at the written direction of the Stockholders' Representative; provided, however, that no investment or reinvestment may be made except in the following:
Investment of Escrow. All funds received by the Escrow Agent pursuant to this Agreement shall be invested, to the extent practicable, in a fully liquid instrument of deposit with the Escrow Agent. Unless otherwise directed in writing by the Seller Representative and Buyer Representative, the escrow funds held hereunder shall be invested in Escrow Agent's U.S. Treasury Fund, currently called "Ameristar Treasury Fund". The cost and expenses incurred by the Escrow Agent in the investment or reinvestment of all or any portion of the Escrowed Funds shall be paid from the Escrowed Funds and the Escrow Agent is hereby authorized to pay such cost and expense form the escrowed Funds.
Investment of Escrow. All Escrow Funds shall be deposited in the Rabobank Sale Proceeds Escrow Account, which is further described herein on Exhibit A, or as otherwise jointly instructed by Purchaser and Seller. Purchaser and Seller each acknowledge that they have read and understand Exhibit A. Escrow Agent is hereby authorized and directed to sell or redeem any such investments as it deems necessary to make any payments or distributions required under this Agreement. Escrow Agent shall have no responsibility or liability for any loss which may result from any investment or sale of investment made pursuant to this Agreement. The parties acknowledge that Escrow Agent is not providing investment supervision, recommendations, or advice.
Investment of Escrow. The Escrow Agent shall invest and reinvest cash balances each day in such money market or other short-term investment funds as shall be specified in writing by the Shareholder Representative; provided, however, that no investment or reinvestment may be made except in the following:
Investment of Escrow. (a) The Escrow Amount shall be invested by the Escrow Agent in First American Prime Obligation Fund - Class Y, or as otherwise directed by LBCCA and the Company.
Investment of Escrow. Property Escrow Agent shall invest or reinvest Escrow Property, without distinction between principal and income, in such manner as the Escrow Agent and Depositor may agree from time to time. Escrow Agent shall have no liability for any loss arising from or related to any such investment other than in accordance with paragraph 4 of the Terms and Conditions.
Investment of Escrow. Property (The Depositor is to select one of the following options, initial the option selected and, if "(b)" is selected, insert the appropriate information.)
Investment of Escrow. The Escrow Agent shall keep all cash at any time held by it as part of the Escrow, from whatever source such cash may be derived, in an interest-bearing account in United States Dollars maintained by the Escrow Agent solely in the name of the Escrow Agent, in its capacity as Escrow Agent hereunder, except that:
