Common use of Investment of Escrow Funds Clause in Contracts

Investment of Escrow Funds. (a) Unless otherwise instructed in writing jointly by the Parties, the Escrow Agent shall hold the Escrow Funds in a “noninterest-bearing deposit account” insured by the Federal Deposit Insurance Corporation (“FDIC”) to the applicable limits. The Escrow Funds shall at all times remain available for distribution in accordance with Section 4.

Investment of Escrow Funds. (a) Unless otherwise instructed in writing jointly by the Parties, the Escrow Agent shall hold the Escrow Funds in a “noninterestan interest-bearing deposit account” account insured by the Federal Deposit Insurance Corporation (“FDIC”) to the applicable limits. The Escrow Funds shall at all times remain available for distribution in accordance with Section 44 below.

Investment of Escrow Funds. (a) Unless otherwise instructed in writing jointly by the Parties, the Escrow Agent shall hold the Escrow Funds in a “noninterestnon-interest-bearing deposit account” account insured by the Federal Deposit Insurance Corporation (“FDIC”) to the applicable limits. The Escrow Funds shall at all times remain available for distribution in accordance with Section 44 below.

Investment of Escrow Funds. (a) Unless otherwise instructed in writing jointly by the Parties, the Escrow Agent shall hold the Escrow Funds in a “noninterest-bearing deposit account” insured by the Federal Deposit Insurance Corporation (“FDIC”) to the applicable limits. The Escrow Funds shall at all times remain available for distribution in accordance with Section 44 below.

Investment of Escrow Funds. (a) Unless otherwise instructed in writing jointly and executed by the an Authorized Representative (as defined in Section 4(iv) below) of both Parties, the Escrow Agent shall hold the Escrow Funds in a “noninterest-bearing deposit account” insured by the Federal Deposit Insurance Corporation (“FDIC”) to the applicable limits. The Escrow Funds shall at all times remain available for distribution in accordance with Section 44 below.

Investment of Escrow Funds. (a) Unless otherwise instructed in writing jointly by the Parties, the Escrow Agent shall hold deposit the Escrow Funds in a “noninterest-bearing deposit account” insured by the Federal Deposit Insurance Corporation (“FDIC”) to the its applicable limits. Escrow Funds shall remain in the noninterest-bearing deposit account even if such amounts exceed the maximum amount insured by the FDIC. The Escrow Funds shall at all times remain available for distribution in accordance with the Section 4entitled “Disposition and Termination of the Escrow Funds” below.

Investment of Escrow Funds. (a) Unless otherwise instructed in a joint writing jointly validly executed by the Parties, the Escrow Agent shall hold invest and reinvest the Escrow Funds in a “noninterestnon-interest-bearing deposit account” obligation of Citibank, N.A. insured by the Federal Deposit Insurance Corporation (“FDIC”) to the applicable limits. The Escrow Funds shall at all times remain available for distribution in accordance with Section 44 below.

Investment of Escrow Funds. (a) Unless otherwise instructed in writing jointly accordance with a joint written instruction signed by the Partiesan Authorized Signer of each of Buyer and Seller Party Representative, the Escrow Agent shall hold the Escrow Funds in a separate “noninterestnon-interest-bearing deposit account” insured by the Federal Deposit Insurance Corporation (“FDIC”) to the applicable limitslimits and applicable laws. The Escrow Funds shall at all times remain available for distribution in accordance with Section 4the terms and conditions of this Agreement and the Purchase Agreement.

Investment of Escrow Funds. (a) Unless otherwise instructed in writing jointly and executed by the an authorized representative set forth in Exhibit A-1 and Exhibit A-2 by both Parties, the Escrow Agent shall hold the Escrow Funds in a “noninterest-bearing deposit account” insured by the Federal Deposit Insurance Corporation (“FDIC”) to the applicable limits. The Escrow Funds shall at all times remain available for distribution in accordance with Section 44 below.

Investment of Escrow Funds. (a) Unless otherwise instructed in writing jointly by the Parties, the Escrow Agent shall hold invest and reinvest the Escrow Escrowed Funds in a “noninterest-bearing deposit account” insured by the Federal Deposit Insurance Corporation (“FDIC”) to the applicable limits. The Escrow Funds shall at all times remain available for distribution in accordance with Section 44 below.