Word: escrowed
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Dates: during 1990-1999
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...coalition of various student minorities, is currently involved in the establishment of an alternative investment fund for prospective Law School donors, organizers said. Plans call for the fund to be held in escrow until trustees decide that Harvard has made substantial progress toward a diverse faculty...
...Barbie-Doll Treatment. This strategy -- painting a female foe as simply too sweet for the job -- is being tested by WMCs in several states. In Colorado Republican Senate hopeful Hank Brown dismissed Democrat Josie Heath's written demand that he put in escrow $605,000 raised for his campaign at a luncheon chaired by a Denver developer with the comment, "It's a cute letter, but without substance." Heath snapped back that Brown's remarks were "incredibly patronizing. Modern men and women in this country today are well past using language like 'cute' with a woman's serious request...
...recipients have to do is endorse them and deposit them in their banks. However, there is a tiny little catch, as an accompanying letter explains. The deposited check gives the task force the right to withdraw $12.50 a month from the individual's account for what it calls candidate escrow funding. Lucky recipients of the checks are allowed to exit the program after two payments have been extracted -- there goes the $25 -- but they are encouraged to remain participants and painlessly, perhaps endlessly, go on contributing $12.50 a month to the G.O.P...
...established in 1983 by the Undergraduate Council as an alternative to the Senior Class Gift. Since then, the endowment has accumulated more than $ 28,000 in contributions from graduating seniors and alumni. The money will be kept in escrow in an interest-bearing account until Harvard divests from companies with ties to South Africa or the United Nations declares that apartheid has ended...
Though Parretti took over the foundering Cannon Group last year (and renamed it Pathe Communications), he has run short of cash trying to buy several other film companies. To reassure Kerkorian's team, Parretti has agreed to place $200 million in an escrow account. If the deal falls through, MGM/UA keeps the cash and Parretti gets a 12% stake in the studio...