Common use of AUTHORITY OF PARTIES Clause in Contracts

AUTHORITY OF PARTIES. The Escrow Agent shall be under no duty or obligation to ascertain the identity, authority and/or rights of the Parties or their agents.

Appears in 3 contracts

Samples: Security Agreement (Crown Resources Corp), Escrow Agreement (Turcotte William Ii), Escrow Agreement (Endorex Corp)

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AUTHORITY OF PARTIES. The Escrow Agent shall be under no duty or obligation to ascertain the identity, authority and/or rights of the Transaction Parties or their agents.

Appears in 2 contracts

Samples: Purchase Agreement (Tara Minerals Corp.), Purchase Agreement (Tara Gold Resources Corp.)

AUTHORITY OF PARTIES. The Escrow Agent shall be under no duty or obligation to ascertain the identity, authority authority, and/or rights of the Parties or their agents.

Appears in 1 contract

Samples: Escrow Agreement (Crown Media Holdings Inc)

AUTHORITY OF PARTIES. The Escrow Agent shall be under no duty or obligation to ascertain the identity, authority authority, and/or rights of the Parties parties or their agents., except as set forth in Section 5.A hereof

Appears in 1 contract

Samples: Termination Agreement and Release (Crosspoint Foods Corp)

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AUTHORITY OF PARTIES. The Escrow Agent shall be under no duty or obligation to ascertain the identity, authority authority, and/or rights of the Parties or their agents, but shall, with respect to each of the Parties, rely solely on a certificate, in the form attached hereto as Exhibit A, as to the incumbency and signature of the officer executing this Agreement on behalf of such Party.

Appears in 1 contract

Samples: Escrow Agreement (Staktek Holdings Inc)

AUTHORITY OF PARTIES. The Escrow Agent shall be under no duty or obligation to ascertain the identity, authority authority, and/or rights of any of the Parties Parties, or their agents.

Appears in 1 contract

Samples: Escrow Agreement

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