Common use of INVESTMENT OF FUNDS IN INTEREST ESCROW ACCOUNT Clause in Contracts

INVESTMENT OF FUNDS IN INTEREST ESCROW ACCOUNT. Funds deposited in the Interest Escrow Account shall be invested and reinvested upon the following terms and conditions:

Appears in 3 contracts

Sources: Interest Escrow Agreement (Echostar DBS Corp), Interest Escrow Agreement (Psinet Inc), Indenture (Echostar DBS Corp)

INVESTMENT OF FUNDS IN INTEREST ESCROW ACCOUNT. Funds deposited in the Interest Escrow Account shall be invested and reinvested by the Escrow Agent upon the following terms and conditions:

Appears in 1 contract

Sources: Interest Escrow Agreement (Digital Television Services of Kansas LLC)