EDT. If the deposit into the Escrow Account is made by certified check or Federal Funds wire transfer and received by the Escrow Agent after 10:00 a.m. E.D.T., the Escrow Agent shall invest the funds deposited on the next business day. If the deposit into the Escrow Account is made by clearinghouse check, the Escrow Agent shall invest the funds deposited on the next business day following the receipt of the clearinghouse check.
Appears in 2 contracts
Sources: Escrow Agreement (S&p Managed Futures Index Fund Lp), Escrow Agreement (S&p Managed Futures Index Fund Lp)
EDT. If the deposit into the Escrow Account is made by certified check or Federal Funds wire transfer and received by the deposit into the Escrow Escrow Agent after 10:00 a.m. E.D.T., the Account is made by transfer and received by the Escrow Agent shall invest the funds deposited on the clearinghouse check, the next business day. If the deposit into the on the next business day Escrow Account is made by clearinghouse check, the Escrow Agent shall invest the funds deposited on the next business day following the receipt of the clearinghouse check.
Appears in 1 contract
Sources: Escrow Agreement (S&p Managed Futures Index Fund Lp)