Common use of Investment of Purchase Price Clause in Contracts

Investment of Purchase Price. The Escrow Agent shall invest and reinvest all funds received under this Agreement as directed in a written instruction (an "Investment Direction Letter") from the Purchaser in one of the following:

Appears in 2 contracts

Samples: Escrow Agreement (Zapata Corp), Escrow Agreement (Zapata Corp)

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Investment of Purchase Price. The Escrow Agent shall invest and reinvest all funds received under this Agreement as directed in a written instruction (an "Investment Direction Letter") from signed jointly by the Purchaser and Seller in one of the following:following (the “Permitted Investments”):

Appears in 2 contracts

Samples: Escrow Agreement (Zapata Corp), Escrow Agreement (Omega Protein Corp)

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