Common use of Investment of Escrow Assets Clause in Contracts

Investment of Escrow Assets. The Escrow Assets shall be invested in accordance with the instructions set forth in Exhibit C attached hereto. Such instructions may be modified only by a written certificate executed by an authorized officer of the Company and delivered to the Escrow Agent; however, this Escrow Agreement may not be altered by the Board of Directors of the Company in terms of the investment instructions, except as may be required by the Board of Directors to fulfill their fiduciary obligations. Escrow Agent shall make monthly accounting of such investments, the income received therefrom, and the then existing balance of the Escrow Account to the Company.

Investment of Escrow Assets. The Escrow Assets shall be invested invested, if at all, in accordance with the instructions set forth in Exhibit C A attached hereto. Such instructions may be modified only by a written certificate executed by an authorized officer of the Company and delivered to the Escrow Agent; however, this Escrow Agreement may not be altered by the Board of Directors of the Company in terms of the investment instructions, except as may be required by the Board of Directors to fulfill their fiduciary obligations. The Escrow Agent shall make monthly accounting of any such investments, the income received therefrom, and the then existing balance of the Escrow Account to the Company.

Investment of Escrow Assets. The Escrow Assets shall be invested in accordance with the instructions set forth in Exhibit C attached hereto. Such instructions may be modified only by a written certificate executed by an authorized officer of the Company and delivered to the Escrow Agent; however, this Escrow Agreement may not be altered by the Board of Directors of the Company in terms of the investment instructions, except as may be required by the Board of Directors to fulfill their fiduciary obligations. Escrow Agent shall make monthly accounting accountings of such investments, the income received therefrom, and the then existing balance of the Escrow Account to the Company.