Common use of Investment of Escrow Funds Clause in Contracts

Investment of Escrow Funds. Escrow Agent shall deposit the Escrow Funds in a non-interest bearing money market account.

Appears in 6 contracts

Samples: Escrow Agreement (Daleco Resources Corp), Escrow Agreement (Bsi2000 Inc), Escrow Agreement (Whitemark Homes Inc)

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Investment of Escrow Funds. The Escrow Agent shall deposit the Escrow Funds in a non-interest bearing money market account.

Appears in 6 contracts

Samples: Escrow Agreement (Smartire Systems Inc), Escrow Agreement (Smartire Systems Inc), Escrow Agreement (Intercard Inc)

Investment of Escrow Funds. The Escrow Agent shall deposit invest the Escrow Funds in a non-interest bearing money market accountbank account with a U.S. commercial bank or such other bank or other financial institution as it normally holds such funds.

Appears in 2 contracts

Samples: Series a Convertible Preferred Stock Purchase Agreement (Victory Divide Mining CO), Escrow Agreement (Yanglin Soybean, Inc.)

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Investment of Escrow Funds. Escrow Agent shall deposit the Escrow Funds in a non-interest bearing money market account.

Appears in 1 contract

Samples: Escrow Agreement (Carbiz Inc)

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