Common use of Investment of Xxxxxxx Money Clause in Contracts

Investment of Xxxxxxx Money. Escrowee shall invest the Xxxxxxx Money in interest-bearing securities, bank deposits and/or so-called “money market funds” established and managed by nationally recognized firms, as selected by Buyer. All interest earned on the Xxxxxxx Money shall be paid as specifically provided in these Instructions.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Applied Films Corp)

AutoNDA by SimpleDocs

Investment of Xxxxxxx Money. Escrowee shall invest the Xxxxxxx Money in interest-bearing securities, bank deposits and/or so-called “money market funds” established and managed by nationally recognized firms, as selected by BuyerPurchaser. All interest earned on the Xxxxxxx Money shall be paid as specifically provided in these Instructions.

Appears in 1 contract

Samples: Agreement of Purchase and Sale (Hines Real Estate Investment Trust Inc)

Investment of Xxxxxxx Money. Escrowee shall invest the Xxxxxxx Money in interest-bearing securities, bank deposits and/or so-called "money market funds" established and managed by nationally recognized firms, as selected by BuyerPurchaser. All interest earned on the Xxxxxxx Money shall be paid as specifically provided in these Instructions.

Appears in 1 contract

Samples: Agreement of Purchase and Sale (Corporate Office Properties Trust)

AutoNDA by SimpleDocs

Investment of Xxxxxxx Money. Escrowee shall invest the Xxxxxxx Money in interest-bearing securities, bank deposits and/or so-called “money market funds” established and managed by nationally recognized firms, as selected by Buyer. All interest earned on the Xxxxxxx Money shall be paid as specifically provided in these InstructionsPurchaser.

Appears in 1 contract

Samples: Agreement of Purchase and Sale (Simpson Manufacturing Co Inc /Ca/)

Time is Money Join Law Insider Premium to draft better contracts faster.