Investment of the Escrow Funds. (a) The Escrow Agent shall invest the Escrow Funds, to the extent held in cash, in any combination of the following investments at the written direction of Purchaser:
Appears in 2 contracts
Samples: Escrow Agreement (Nortel Networks LTD), Escrow Agreement (Nortel Networks LTD)
Investment of the Escrow Funds. (a) The Escrow Agent shall invest hold the Escrow Funds, Funds subject to the extent held in cash, in any combination terms and conditions of this Agreement. At the following investments at the joint written direction of Purchaser:the Company and the Parent, the Escrow Agent shall invest all cash held in escrow in, and only in, Permitted Investments (as defined below).
Appears in 2 contracts
Samples: Escrow Agreement (Trimeris Inc), Escrow Agreement (Arigene Co., Ltd.)
