The Escrow Agent. 2.3 The Escrow Agent shall invest the Settlement Fund deposited pursuant to ¶2.1 hereof in instruments backed by the full faith and credit of the United States Government or fully insured by the United States Government or an agency thereof and shall reinvest the proceeds of these instruments as they mature in similar instruments at their then-current market rates. All costs and risks related to the investment of the Settlement Fund in accordance with the guidelines set forth in this paragraph shall be borne by the Settlement Fund.
Appears in 4 contracts
Samples: Settlement Agreement, Settlement Agreement, Settlement Agreement
The Escrow Agent. 2.3 3.3 The Escrow Agent shall invest the Settlement Fund Amount deposited pursuant to ¶2.1 ¶3.1 hereof in instruments backed by the full faith and credit of the United States Government or fully insured by the United States Government or an agency thereof and shall reinvest the proceeds of these instruments as they mature in similar instruments at their then-current market rates. All costs and risks related to the investment of the Settlement Fund in accordance with the guidelines set forth in this paragraph shall be borne by the Settlement Fund.
Appears in 3 contracts
Samples: Settlement Agreement, Settlement Agreement, Settlement Agreement
The Escrow Agent. 2.3 3.2 The Escrow Agent shall invest the Settlement Fund deposited pursuant to ¶2.1 ¶3.1 hereof in instruments backed by the full faith and credit of the United States Government or fully insured by the United States Government or an agency thereof and shall reinvest the proceeds of these instruments as they mature in similar instruments at their then-current market rates. All costs and risks related to the investment of the Settlement Fund in accordance with the guidelines set forth in this paragraph shall be borne by the Settlement Fund.
Appears in 2 contracts
Samples: Settlement Agreement, Settlement Agreement
The Escrow Agent. 2.3 3.4. The Escrow Agent shall invest the Settlement Fund Amount deposited pursuant to ¶2.1 hereof Paragraph 3.1 in instruments backed by the full faith and credit of the United States Government or fully insured by the United States Government or an agency thereof and shall reinvest the proceeds of these instruments as they mature in similar instruments at their then-current market rates. All costs and risks related to the investment of the Settlement Fund in accordance with the guidelines set forth in this paragraph shall be borne by the Settlement Fund.
Appears in 2 contracts
Samples: Settlement Agreement, Settlement Agreement
The Escrow Agent. 2.3 2.2 The Escrow Agent shall invest the Settlement Fund deposited pursuant to ¶2.1 hereof in instruments backed by the full faith and credit of the United States Government or fully insured by the United States Government or an agency thereof and shall reinvest the proceeds of these instruments as they mature in similar instruments at their then-current market rates. All costs and risks related to the investment of the Settlement Fund in accordance with the guidelines set forth in this paragraph shall be borne by the Settlement Fund.
Appears in 2 contracts
Samples: Settlement Agreement, Settlement Agreement
The Escrow Agent. 2.3 3.5 The Escrow Agent shall invest the Settlement Fund Amount deposited pursuant to ¶2.1 hereof Paragraph 3.1 in instruments backed by the full faith and credit of the United States Government or fully insured by the United States Government or an agency thereof and shall reinvest the proceeds of these instruments as they mature in similar instruments at their then-current market rates. All costs and risks related to the investment of the Settlement Fund in accordance with the guidelines set forth in this paragraph shall be borne by the Settlement Fund.
Appears in 2 contracts
Samples: Stipulation and Agreement, Stipulation and Agreement
The Escrow Agent. 2.3 12. The Escrow Agent shall may invest the Settlement Fund Fund, deposited pursuant to ¶2.1 hereof ¶2 above, in instruments backed by the full faith and credit of the United States Government or fully insured by the United States Government or an agency thereof thereof, and shall reinvest the proceeds of these instruments as they mature in similar instruments at their then-then- current market rates. All costs and The Settlement Fund shall bear all risks related to the investment of the Settlement Fund in accordance with the guidelines set forth in this paragraph shall be borne by the Settlement Fund.
Appears in 1 contract
Samples: Stipulation and Agreement
The Escrow Agent. 2.3 The Escrow Agent shall invest the Settlement Fund Amount deposited pursuant to ¶2.1 hereof in instruments backed by the full faith and credit of the United States Government or fully insured by the United States Government or an agency thereof and shall reinvest the proceeds of these instruments as they mature in similar instruments at their then-current market rates. All costs and The Settlement Fund shall bear all risks related to the investment investments of the Settlement Fund in accordance with the guidelines set forth in this paragraph shall be borne by the Settlement FundAmount.
Appears in 1 contract
Samples: Class Action Settlement Agreement
The Escrow Agent. 2.3 3.2 The Escrow Agent shall invest the Settlement Fund Amount deposited pursuant to ¶2.1 ¶3.1 hereof in instruments backed by the full faith and credit of the United States Government or fully insured by the United States Government or an agency thereof and shall reinvest the proceeds of these instruments as they mature in similar instruments at their then-current market rates. All costs and risks related to the investment of the Settlement Fund in accordance with the guidelines set forth in this paragraph shall be borne by the Settlement Fund.
Appears in 1 contract
Samples: Settlement Agreement
The Escrow Agent. 2.3 The Escrow Agent shall may invest the Settlement Fund deposited pursuant to ¶2.1 ¶¶ 2.1 and 2.2 hereof in instruments backed by the full faith and credit of the United States Government or fully insured by the United States Government or an agency thereof and shall reinvest the proceeds of these instruments as they mature in similar instruments at their then-current market rates. All costs and risks The Defendants shall not bear any risk or liability related to the investment of the Settlement Fund in accordance with the guidelines set forth in this paragraph shall be borne by the Settlement Fund.
Appears in 1 contract
Samples: Settlement Agreement and Release
The Escrow Agent. 2.3 2.5 The Escrow Agent shall invest the Settlement Fund deposited pursuant to ¶2.1 hereof in instruments backed by the full faith and credit of the United States Government or fully insured by the United States Government or an agency thereof and shall reinvest the proceeds of these instruments as they mature in similar instruments at their then-current market rates. All costs and risks related to the investment of the Settlement Fund in accordance with the guidelines set forth in this paragraph shall be borne entirely by the Settlement FundFund and shall not be borne in any way by any of the Released Persons.
Appears in 1 contract
Samples: Settlement Agreement