Common use of Investment of Escrow Amount Clause in Contracts

Investment of Escrow Amount. The Escrow Agent may invest the Escrow Amount only in such accounts or investments as the Company may specify by written notice. The Company may only specify investment in (1) bank accounts, (2) bank money-market accounts, (3) short-term certificates of deposit issued by a bank, or (4) short-term securities issued or guaranteed by the U.S. Government.

Appears in 4 contracts

Samples: Escrow Agreement (Amazon Herb Co), Escrow Agreement (Amazon Herb Co), Escrow Agreement (Cuidao Holding Corp)

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