Common use of Investment of the Escrow Funds Clause in Contracts

Investment of the Escrow Funds. The Escrow Account shall not bear interest and no other investment of the Escrow Funds shall be made while held by the Escrow Agent.

Appears in 28 contracts

Sources: Proceeds Escrow Agreement (Transact Energy Corp), Proceeds Escrow Agreement (Transact Energy Corp), Proceeds Escrow Agreement (Wren, Inc.)

Investment of the Escrow Funds. The Escrow Account shall not bear -------------------------------- interest and no other investment of the Escrow Funds shall be made while held by the Escrow Agent.

Appears in 5 contracts

Sources: Proceeds Escrow Agreement (Vibrant Health International), Proceeds Escrow Agreement (Silicon South Inc), Proceeds Escrow Agreement (Alaska Freightways Inc)

Investment of the Escrow Funds. The Escrow Account shall not bear --------------------------------- interest and no other investment of the Escrow Funds shall be made while held by the Escrow Agent.

Appears in 2 contracts

Sources: Proceeds Escrow Agreement (Denali Concrete Management Inc), Proceeds Escrow Agreement (Sports Tack Inc)

Investment of the Escrow Funds. The Escrow Account shall not bear interest at the current rate and no other investment of the Escrow Funds shall be made while held by the Escrow Agent.

Appears in 1 contract

Sources: Proceeds Escrow Agreement (Mountain Oil Inc)