Investment of the Escrow Property. During the term of this Agreement, the Escrow Agent shall invest and reinvest the Escrow Property in any of the following investments, in each case at the written direction of an Authorized Person (as hereinafter defined) of the Seller:
Appears in 3 contracts
Samples: Escrow Agreement (Diametrics Medical Inc), Asset Purchase Agreement (Diametrics Medical Inc), Asset Purchase Agreement (Thoratec Corp)
Investment of the Escrow Property. During the term of this Agreement, the Escrow Agent shall invest and reinvest the Escrow Property in any of the following investments, in each case at the written direction of an Authorized Person (as hereinafter defined) of the SellerInvestor:
Appears in 1 contract
Samples: Escrow Agreement (Numatics Inc)
Investment of the Escrow Property. During the term of this Agreement, the Escrow Agent shall invest and reinvest the Escrow Property in any of the following investments, in each case at the written direction of an Authorized Person (as hereinafter definedthe Company. In the event the Company makes no investment election, Escrow Agent shall invest and reinvest the Escrow Property in the investments listed in Section 3(1) of the Sellerbelow:
Appears in 1 contract
Samples: Escrow Agreement (Motient Corp)