Invested Funds. The Company hereby establishes this Investment Agreement with the Bank and agrees that, pursuant to the terms of this Investment Agreement, the Company shall invest with the Bank the aggregate amount of $8,500,000 (the "Invested Funds"). The Company agrees to cause the Invested Funds to be delivered to the Bank on August 5, 1997 for investment pursuant to the terms of this Investment Agreement. The Company hereby acknowledges that the Invested Funds and any interest accrued thereon under this Investment Agreement are not insured by the Federal Deposit Insurance Corporation.
Invested Funds. To the extent consistent with the Trust Indenture and applicable statutes and regulations, funds held by the Trustee will be invested after receipt thereof until the next succeeding Distribution Date in such investments as are permitted by the Trust Indenture and the income so earned will be disbursed to the Unit Holders in accordance with the provisions of the Trust Indenture. After funds are disbursed on the Distribution Date, an analysis will be made by the Trustee of the disbursement account or accounts and a credit for funds as calculated under the practice as it exists in the Trustee bank at the time and, from time to time, will be applied to reduce the administrative fee described in paragraph A above charged by the Trustee at the next administrative fee payment date. In no event shall the credit exceed the administrative fee. EXHIBIT 1 NET OVERRIDING ROYALTY CONVEYANCE (San Juan Basin Royalty Trust) THE STAXX XF NEW MEXICO ) ) KNOW ALL MEN BY THESE PRESENTS: COUNTIES OF SAN JUAN, ) RIO ARRIBA XXX SANDOVAL ) THAT, SOUTXXXXX XXYALTY COMPANY, a Delaware corporation ("Assignor"), for and in consideration of the sum of Ten Dollars ($10.00) and other good and valuable consideration to it paid by The Fort Worth National Bank, a bank organized under the laws of the United States, acting not in its individual corporate capacity but solely as trustee under that certain San Juan Basin Royalty Trust Indenture xxxed as of November 1, 1980 ("Assignee"), the receipt and sufficiency of which are hereby acknowledged, has bargained, sold, granted, conveyed, transferred, assigned, set over and delivered, and by these presents does hereby bargain, sell, grant, convey, transfer, assign, set over and deliver unto Assignee a net overriding royalty interest ("the Royalty Interest") in and to the Minerals in and under, and if, as and when produced, saved and sold from, the Subject Lands during the term of the Subject Interests equal to Seventy-Five percent (75%) of the Net Proceeds attributable to the Subject Interests, as each of the above capitalized words are defined in Article I and all as more fully provided herein. TO HAVE AND TO HOLD the Royalty Interest, together with all and singular the rights and appurtenances thereto in anywise belonging, unto Assignee, its successors and assigns, subject, however, to the terms and provisions of this Conveyance; and Assignor does by these presents bind and obligate itself, its successors and assigns, to WARRANT and FOREVER defe...
Invested Funds. When you Invest Funds using the Mortgage Market website, Mortgage Market will debit the Balance in your Account, and direct such Invested Funds accordingly to your instructions. If the balance is insufficient and you have connected a bank account, then Mortgage Market may use a PAD to withdraw funds from your bank account to facilitate the transaction. You will receive a confirmation of the transaction in the Recent Transactions screen. Any unclaimed, refunded or cancelled transaction will be returned to your Account, within 30 Days of the date you initiated payment.
Invested Funds. Retailer and Blackhawk shall treat the exact Gift Card Investment Balance as an advance under that certain Unsecured Demand Promissory Note dated February 24, 2006. The parties agree that redemptions of Outstanding Cards and, if applicable, remittances of amounts required under applicable escheat laws, shall reduce the Gift Card Investment Balance.
