Investment of Escrow Fund. Moneys held in the Escrow Fund shall be invested and reinvested by the Escrow Agent in its trust money market account. Moneys held in the Escrow Fund will, in any event, be invested only in investments permissible under Rule 15c2-4 under the Securities Exchange Act of 1934.
Appears in 6 contracts
Samples: Escrow Agreement (Intervest Mortgage Corp), Escrow Agreement (Intervest Bancshares Corp), Escrow Agreement (Intervest Mortgage Corp)
Investment of Escrow Fund. Moneys held in the Escrow Fund shall be invested and reinvested by the Escrow Agent in its trust money market account. Moneys held in the Escrow Fund will, in any event, be invested only in investments permissible under Rule 15c2-4 under the Securities Exchange Act of 1934.
Appears in 3 contracts
Samples: Bancshares Corporation Escrow Agreement (Intervest Bancshares Corp), Bancshares Corporation Escrow Agreement (Intervest Bancshares Corp), Bancshares Corporation Escrow Agreement (Intervest Bancshares Corp)
Investment of Escrow Fund. Moneys held in the Escrow Fund shall be ------------------------- invested and reinvested by the Escrow Agent in its trust money market account. Moneys held in the Escrow Fund will, in any event, be invested only in investments permissible under Rule 15c2-4 under the Securities Exchange Act of 1934.
Appears in 3 contracts
Samples: Escrow Agreement (Intervest Corporation of New York), Escrow Agreement (Intervest Corporation of New York), Escrow Agreement (Intervest Mortgage Corp)
Investment of Escrow Fund. Moneys held in the Escrow Fund shall be --------------------------- invested and reinvested by the Escrow Agent in its trust money market account. Moneys held in the Escrow Fund will, in any event, be invested only in investments permissible under Rule 15c2-4 under the Securities Exchange Act of 1934.
Appears in 3 contracts
Samples: Escrow Agreement (Intervest Corporation of New York), Escrow Agreement (Intervest Mortgage Corp), Escrow Agreement (Intervest Mortgage Corp)
Investment of Escrow Fund. Moneys held in the Escrow Fund shall be ----------------------------- invested and reinvested by the Escrow Agent in its trust money market account. Moneys held in the Escrow Fund will, in any event, be invested only in investments permissible under Rule 15c2-4 under the Securities Exchange Act of 1934.
Appears in 1 contract
Investment of Escrow Fund. Moneys held in the Escrow Fund shall ------------------------- be invested and reinvested by the Escrow Agent in its trust money market account. Moneys held in the Escrow Fund will, in any event, be invested only in investments permissible under Rule 15c2-4 under the Securities Exchange Act of 1934.
Appears in 1 contract
Samples: Escrow Agreement (Intervest Corporation of New York)
Investment of Escrow Fund. Moneys held in the Escrow Fund ------------------------- shall be invested and reinvested by the Escrow Agent in its trust money market account. Moneys held in the Escrow Fund will, in any event, be invested only in investments permissible under Rule 15c2-4 under the Securities Exchange Act of 1934.
Appears in 1 contract
Investment of Escrow Fund. Moneys held in the Escrow Fund shall be invested and reinvested by the Escrow Agent in its trust money market account. Moneys held in the Escrow Fund will, will in any event, be invested only in investments permissible under Rule 15c2-4 under the Securities Exchange Act of 1934.
Appears in 1 contract
Samples: Escrow Agreement (Intervest Corporation of New York)
