Common use of Closing the Account Clause in Contracts

Closing the Account. The Closing shall be completed forthwith and immediately thereafter Escrow Agent shall deposit the Funds in an interest bearing account at a federally chartered financial institution, the deposits of which are insured by the Federal Deposit Insurance Corporation, which should be designated as "Lawyers Title Insurance Company on behalf of Bishop Powers, Ltd." (the "Account"). Interest accruing on the Accoxxx xxaxx xxxained in the Account until disbursed in accordance with this Escrow Agreement.

Closing the Account. The Closing shall be completed forthwith and immediately thereafter Escrow Agent shall deposit the Funds in an interest bearing account at a federally chartered financial institution, the deposits of which are insured by the Federal Deposit Insurance Corporation, which should be designated as "Lawyers Title Insurance Company on behalf of Bishop Powers, Ltd." (the "Account"). Interest accruing on the Accoxxx xxaxx xxxained in the Account until disbursed in accordance with this Escrow Agreement.

Closing the Account. The Closing shall be completed forthwith and immediately thereafter Escrow Agent shall deposit the Funds in an interest bearing account at a federally chartered financial institution, the deposits of which are insured by the Federal Deposit Insurance Corporation, which should be designated as "Lawyers Title Insurance Company on behalf of Bishop Powers, Ltd." (the "Account"). Interest Unless and until there is x xxxxuxx xx Bishop pursuant to Paragraph 3 following, interest accruing on the Accoxxx xxaxx xxxained in the Account until disbursed in accordance with this Escrow AgreementXxxxxnt shall be paid monthly to Bishop.

Closing the Account. The Closing shall be completed forthwith and immediately thereafter Escrow Agent shall deposit the Funds in an interest bearing account at a federally chartered financial institution, the deposits of which are insured by the Federal Deposit Insurance Corporation, which should be designated as "Lawyers Title Insurance Company on behalf of Bishop Powers, Ltd." (the "Account"). Interest accruing on the Accoxxx xxaxx xxxained xxall retained in the Account until disbursed in accordance with this Escrow Agreement.

Closing the Account. The Closing shall be completed forthwith and immediately thereafter Escrow Agent shall deposit the Funds in an interest bearing account at a federally chartered financial institution, the deposits of which are insured by the Federal Deposit Insurance Corporation, which should be designated as "Lawyers Title Insurance Company on behalf of Bishop Powers, Ltd." (the "Account"). Interest Unless and until there is a dexxxxx bx Xxxxop pursuant to Paragraph 3 following, interest accruing on the Accoxxx xxaxx xxxained in the Account until disbursed in accordance with this Escrow AgreementAxxxxxx shall be paid monthly to Bishop.

Closing the Account. The Closing shall be completed forthwith and immediately thereafter Escrow Agent shall deposit the Funds in an interest bearing account at a federally chartered financial institution, the deposits of which are insured by the Federal Deposit Insurance Corporation, which should be designated as "Lawyers Title Insurance Company on behalf of Bishop Xxxxxx Powers, Ltd." (the "Account"). Interest Unless and until there is a default by Xxxxxx pursuant to Paragraph 3 following, interest accruing on the Accoxxx xxaxx xxxained in the Account until disbursed in accordance with this Escrow Agreementshall be paid monthly to Xxxxxx.