Common use of Investment Income Clause in Contracts

Investment Income. Subject to the provisions of Sections 3 and 4(a) above, all investment income earned on amounts on deposit in the Escrow Account is the personal property of the Company. Subject to the provisions of Section 9(b) hereof, promptly following receipt of any investment income earned on amounts on deposit in the Escrow Account, the Escrow Agent shall transfer such funds to the Company pursuant to Section 4(e)(i) hereof.

Appears in 3 contracts

Samples: Pledge and Escrow Agreement (Cv Therapeutics Inc), Pledge and Escrow Agreement (Cv Therapeutics Inc), Pledge and Escrow Agreement (Cv Therapeutics Inc)

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Investment Income. Subject to the provisions of Sections 3 and Section 4(a) above, all investment income earned on amounts on deposit in the Escrow Account is the personal property of the Company. Subject to the provisions of Section 9(b) hereof, promptly following receipt of any investment income earned on amounts on deposit in the Escrow Account, the Escrow Agent shall transfer such funds to the Company pursuant to Section 4(e)(iparagraph (d)(i) hereof.

Appears in 1 contract

Samples: Pledge and Escrow Agreement (Horizon PCS Inc)

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Investment Income. Subject to the provisions of Sections 3 and 4(a) above, all interest or investment income earned on amounts on deposit in the Escrow Account is the personal property of the CompanyCompany and is subject to this Agreement. Subject to the provisions of Section 9(b) hereof, promptly following receipt of any Any interest or investment income earned on amounts on deposit in the Escrow Account, Account shall remain in the Escrow Account until withdrawn by the Escrow Agent shall transfer such funds and transferred to the Company pursuant to a person designated herein in accordance with this Section 4(e)(i) hereof4.

Appears in 1 contract

Samples: Pledge and Escrow Agreement (Raser Technologies Inc)

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