Investment of Escrow Property. Escrow Agent shall invest or reinvest Escrow Property, without distinction between principal and income, in taxable money market accounts. Escrow Agent shall have no liability for any loss arising from or related to any such investment other than in accordance with paragraph 4 of the Terms and Conditions in Part II of this Agreement.
Appears in 3 contracts
Samples: Escrow Agreement (Freedom Financial Holdings Inc), Escrow Agreement (Freedom Financial Holdings Inc), Escrow Agreement (Freedom Financial Holdings Inc)
Investment of Escrow Property. The Escrow Agent shall invest or reinvest the Escrow Property, without distinction between principal and income, Property consisting of cash only in taxable money market accountsaccordance with the provisions of Exhibit C hereto. The Escrow Agent shall have no liability not be liable for losses, penalties or charges incurred upon any loss arising from sale or related to purchase of any such investment other than in accordance with paragraph 4 of the Terms and Conditions in Part II of this Agreementinvestment.
Appears in 1 contract
Samples: Stock Purchase Agreement (Silicon Graphics International Corp)
