Common use of The Escrow Agent Clause in Contracts

The Escrow Agent. 2.3 The Escrow Agent shall invest the Settlement Fund deposited pursuant to ¶2.1 hereof in instruments backed by the full faith and credit of the United States Government or fully insured by the United States Government or an agency thereof and shall reinvest the proceeds of these instruments as they mature in similar instruments at their then-current market rates. All costs and risks related to the investment of the Settlement Fund in accordance with the guidelines set forth in this paragraph shall be borne by the Settlement Fund.

Appears in 4 contracts

Samples: Settlement Agreement, Settlement Agreement, Settlement Agreement

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The Escrow Agent. 2.3 3.3 The Escrow Agent shall invest the Settlement Fund Amount deposited pursuant to ¶2.1 ¶3.1 hereof in instruments backed by the full faith and credit of the United States Government or fully insured by the United States Government or an agency thereof and shall reinvest the proceeds of these instruments as they mature in similar instruments at their then-current market rates. All costs and risks related to the investment of the Settlement Fund in accordance with the guidelines set forth in this paragraph shall be borne by the Settlement Fund.

Appears in 3 contracts

Samples: Settlement Agreement, Settlement Agreement, Settlement Agreement

The Escrow Agent. 2.3 3.5 The Escrow Agent shall invest the Settlement Fund Amount deposited pursuant to ¶2.1 hereof Paragraph 3.1 in instruments backed by the full faith and credit of the United States Government or fully insured by the United States Government or an agency thereof and shall reinvest the proceeds of these instruments as they mature in similar instruments at their then-current market rates. All costs and risks related to the investment of the Settlement Fund in accordance with the guidelines set forth in this paragraph shall be borne by the Settlement Fund.

Appears in 2 contracts

Samples: Stipulation and Agreement, Stipulation and Agreement

The Escrow Agent. 2.3 3.4. The Escrow Agent shall invest the Settlement Fund Amount deposited pursuant to ¶2.1 hereof Paragraph 3.1 in instruments backed by the full faith and credit of the United States Government or fully insured by the United States Government or an agency thereof and shall reinvest the proceeds of these instruments as they mature in similar instruments at their then-current market rates. All costs and risks related to the investment of the Settlement Fund in accordance with the guidelines set forth in this paragraph shall be borne by the Settlement Fund.

Appears in 2 contracts

Samples: Settlement Agreement, Settlement Agreement

The Escrow Agent. 2.3 2.2 The Escrow Agent shall invest the Settlement Fund deposited pursuant to ¶2.1 hereof in instruments backed by the full faith and credit of the United States Government or fully insured by the United States Government or an agency thereof and shall reinvest the proceeds of these instruments as they mature in similar instruments at their then-current market rates. All costs and risks related to the investment of the Settlement Fund in accordance with the guidelines set forth in this paragraph shall be borne by the Settlement Fund.

Appears in 2 contracts

Samples: Settlement Agreement, Settlement Agreement

The Escrow Agent. 2.3 3.2 The Escrow Agent shall invest the Settlement Fund deposited pursuant to ¶2.1 ¶3.1 hereof in instruments backed by the full faith and credit of the United States Government or fully insured by the United States Government or an agency thereof and shall reinvest the proceeds of these instruments as they mature in similar instruments at their then-current market rates. All costs and risks related to the investment of the Settlement Fund in accordance with the guidelines set forth in this paragraph shall be borne by the Settlement Fund.

Appears in 2 contracts

Samples: Settlement Agreement, Settlement Agreement

The Escrow Agent. 2.3 12. The Escrow Agent shall may invest the Settlement Fund Fund, deposited pursuant to ¶2.1 hereof ¶2 above, in instruments backed by the full faith and credit of the United States Government or fully insured by the United States Government or an agency thereof thereof, and shall reinvest the proceeds of these instruments as they mature in similar instruments at their then-then- current market rates. All costs and The Settlement Fund shall bear all risks related to the investment of the Settlement Fund in accordance with the guidelines set forth in this paragraph shall be borne by the Settlement Fund.

Appears in 1 contract

Samples: Stipulation and Agreement

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The Escrow Agent. 2.3 The Escrow Agent shall may invest the Settlement Fund deposited pursuant to ¶2.1 ¶¶ 2.1 and 2.2 hereof in instruments backed by the full faith and credit of the United States Government or fully insured by the United States Government or an agency thereof and shall reinvest the proceeds of these instruments as they mature in similar instruments at their then-current market rates. All costs and risks The Defendants shall not bear any risk or liability related to the investment of the Settlement Fund in accordance with the guidelines set forth in this paragraph shall be borne by the Settlement Fund.

Appears in 1 contract

Samples: Settlement Agreement and Release

The Escrow Agent. 2.3 3.2 The Escrow Agent shall invest the Settlement Fund Amount deposited pursuant to ¶2.1 ¶3.1 hereof in instruments backed by the full faith and credit of the United States Government or fully insured by the United States Government or an agency thereof and shall reinvest the proceeds of these instruments as they mature in similar instruments at their then-current market rates. All costs and risks related to the investment of the Settlement Fund in accordance with the guidelines set forth in this paragraph shall be borne by the Settlement Fund.

Appears in 1 contract

Samples: Settlement Agreement

The Escrow Agent. 2.3 The Escrow Agent shall invest the Settlement Fund Amount deposited pursuant to ¶2.1 hereof in instruments backed by the full faith and credit of the United States Government or fully insured by the United States Government or an agency thereof and shall reinvest the proceeds of these instruments as they mature in similar instruments at their then-current market rates. All costs and The Settlement Fund shall bear all risks related to the investment investments of the Settlement Fund in accordance with the guidelines set forth in this paragraph shall be borne by the Settlement FundAmount.

Appears in 1 contract

Samples: Class Action Settlement Agreement

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