Common use of Investment of Escrow Account Clause in Contracts

Investment of Escrow Account. The Escrow Agent shall deposit funds received from purchasers in the Escrow Account, which shall be a non-interest-bearing bank account at SunTrust Bank.

Appears in 22 contracts

Samples: Escrow Agreement (China Customer Relations Centers, Inc.), Escrow Agreement (China Customer Relations Centers, Inc.), Escrow Agreement (China Customer Relations Centers, Inc.)

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Investment of Escrow Account. The Escrow Agent shall deposit funds received from purchasers in the Escrow Account, which shall be a non-interest-bearing bank account at SunTrust Bankthe Escrow Agent.

Appears in 3 contracts

Samples: Escrow Agreement, Escrow Agreement (Wheeler Real Estate Investment Trust, Inc.), Escrow Agreement (Homeowners Choice, Inc.)

Investment of Escrow Account. The Escrow Agent shall deposit funds received from purchasers in the Escrow Account, which shall be a non-interest-bearing bank account at SunTrust Bank.

Appears in 1 contract

Samples: Escrow Agreement (eFuture Information Technology Inc.)

Investment of Escrow Account. The Escrow Agent shall deposit funds received from purchasers in the Escrow Account, which shall be a non-interest-bearing bank account at SunTrust BankBank which constitutes a permissible investment under SEC Rule 15c2-4, as promulgated under the Securities Exchange Act of 1934, as amended.

Appears in 1 contract

Samples: Escrow Agreement (Supertel Hospitality Inc)

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Investment of Escrow Account. The Escrow Agent shall deposit funds received from purchasers in the Escrow Account, which shall be a non-interest-bearing bank account at SunTrust Crestar Bank.

Appears in 1 contract

Samples: Escrow Agreement (Commonwealth Biotechnologies Inc)

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