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 investments, other than those that comply with SEC Rule 15(c)2-4, shall be made while the Escrow Funds are held in escrow.

Appears in 2 contracts

Samples: Placement Agent Agreement (Body Art & Science Inc), Placement Agent Agreement (Onecap)

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Investment of the Escrow Funds. The Escrow Account shall not bear interest and interest; provided that no investments, other than those that comply with SEC Rule 15(c)215c2-4, shall be made while the Escrow Funds are held in escrow.

Appears in 1 contract

Samples: Placement Agent Agreement (Vendingdata Corp)

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Investment of the Escrow Funds. The Escrow Account shall not bear interest and no investments, other than those that comply with SEC Rule 15(c)215c2-4, shall be made while the Escrow Funds are held in escrow.

Appears in 1 contract

Samples: Placement Agent Agreement (Vendingdata Corp)

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