Common use of Investment of Escrow Account Clause in Contracts

Investment of Escrow Account. The Escrow Funds shall be credited by the Escrow Agent and recorded in the Escrow Account. The Escrow Agent shall be permitted, and is hereby authorized to deposit, transfer, hold and invest all funds received under this Agreement, including principal and interest, in those investments directed, in writing by MinnErgy. The Escrow Agent is hereby authorized to invest Escrow Funds in the Federated Treasury Cash Series (CUSIP 147551-402) for temporary investment without written direction. Any interest received by the Escrow Agent with respect to the Escrow Funds shall be paid to MinnErgy, or the investors, as indicated elsewhere in this Agreement.

Investment of Escrow Account. The Escrow Funds shall be credited by the Escrow Agent and recorded in the Escrow Account. The Escrow Agent shall be permitted, and is hereby authorized to deposit, transfer, hold and invest all funds received under this Agreement, including principal and interest, in those investments directed, directed in writing by MinnErgyEscrowor. The Escrow Agent is hereby authorized to invest Escrow Funds in the Federated Treasury Cash Series (CUSIP 147551-402) Obligations Money Market Mutual Fund for temporary investment without written directiondirection until such time as the money is to be paid out according to the terms of this Agreement. Any interest received by the Escrow Agent with respect to the Escrow Funds shall be paid to MinnErgyEscrowor, or the investors, as indicated elsewhere in this AgreementAgreement .

Investment of Escrow Account. The Escrow Funds shall be credited by the Escrow Agent and recorded in the Escrow Account. The Escrow Agent shall be permitted, and is hereby authorized to deposit, transfer, hold and invest all funds received under this Agreement, including principal and interest, in those investments directed, in writing by MinnErgyFUEL. The Escrow Agent is hereby authorized to invest Escrow Funds in the Federated Treasury Cash Series (CUSIP 147551-402) Obligations Money Market Mutual Fund for temporary investment without written direction. Any interest received by the Escrow Agent with respect to the Escrow Funds shall be paid to MinnErgyFUEL, or the investors, as indicated elsewhere in this Agreement.

Investment of Escrow Account. The Escrow Funds shall be credited by the Escrow Agent and recorded in the Escrow Account. The Escrow Agent shall be permitted, and is hereby authorized to deposit, transfer, hold and invest all funds received under this Agreement, including principal and interest, in those investments directed, in writing by MinnErgy. The Escrow Agent is hereby authorized to invest Escrow Funds in the Federated Treasury Cash Series Government Obligations Fund (CUSIP 147551-40260000X000) for temporary investment without written direction. Any interest received by the Escrow Agent with respect to the Escrow Funds shall be paid to MinnErgy, or the investors, as indicated elsewhere in this Agreement.