Common use of Investment of Escrow Funds Clause in Contracts

Investment of Escrow Funds. The Escrow Funds shall be credited by Escrow Agent and recorded in the Escrow Account. In accordance with Rule 15c2-4 of the Securities Regulations, the Escrow Agent shall be permitted, and is hereby authorized to deposit transfer, hold and invest all funds received under this Agreement, including principal and interest, in savings accounts, bank money market accounts, short term certificates of deposit or short term securities issued or guaranteed by the U.S. Government. Any interest received by Escrow Agent with respect to the Escrow Funds shall be paid pursuant to the terms of this Agreement.

Investment of Escrow Funds. The Escrow Funds shall be credited by the Escrow Agent and recorded in the Escrow Account. In accordance with Rule 15c2-4 of the Securities Regulations, the The Escrow Agent shall be permitted, and is hereby authorized and directed to deposit transfer, hold and invest all funds received under this AgreementEscrow Funds, including principal and interest, in savings accounts, bank money market accounts, short term certificates Federal Government Obligations or obligations issued and/or guaranteed as to principal and interest by agencies or instrumentalities of deposit or short term securities issued or guaranteed by the U.S. GovernmentGovernment or common funds or mutual funds which invest primarily in such obligations. Any interest received by Escrow Agent with respect to the Escrow Funds shall be paid pursuant to the terms of this Agreement.

Investment of Escrow Funds. The Escrow Funds shall be credited by Escrow Agent and recorded in the Escrow Account. In accordance with Rule 15c2-4 of the Securities Regulations, the The Escrow Agent shall be permitted, and is hereby authorized to deposit transfer, hold and invest all funds received under this Agreement, including principal and interest, in savings accountsVanguard Admiral Treasury Money Market Fund (Cusip 000000000 - Symbol VUSXX), bank money market accountswith the Company to pay all transactional costs (third party commissions, short term certificates of deposit brokerage fees, or short term securities issued or guaranteed by the U.S. Governmentlike) associated with said investment. Any interest received by Escrow Agent with respect to the Escrow Funds shall be paid pursuant to the terms of this Agreement.

Investment of Escrow Funds. The Escrow Funds shall be credited by Escrow Agent and recorded in the Escrow Account. In accordance with Rule 15c2-4 of the Securities Regulations, the The Escrow Agent shall be permitted, and is hereby authorized to deposit transfer, hold and invest all funds received under this Agreement, including principal and interest, in savings accounts, bank money market accounts, short term certificates Federal Government Obligations or obligations issued and/or guaranteed as to principal and interest by agencies or instrumentalities of deposit or short term securities issued or guaranteed by the U.S. GovernmentGovernment or common funds or mutual funds which invest primarily in such obligations. Any interest received by Escrow Agent with respect to the Escrow Funds shall be paid pursuant to the terms of this Agreement.