Common use of Concerning the Escrow Agent Clause in Contracts

Concerning the Escrow Agent. (a) The Escrow Agent undertakes to perform only such duties as are expressly set forth herein and no implied duties or obligations shall be read into this Agreement against the Escrow Agent. Escrow Agent agrees to release any property held by it hereunder (the “Escrowed Property”) in accordance with the terms and conditions set forth in this Agreement.

Appears in 27 contracts

Samples: Securities Purchase Agreement (SinglePoint Inc.), Security Agreement (Drone USA Inc.), Pledge and Escrow Agreement (Revolutions Medical CORP)

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Concerning the Escrow Agent. (a) The Escrow Agent undertakes to perform only such duties as are expressly set forth herein and no implied duties or obligations shall be read into this Agreement against the Escrow Agent. Escrow Agent agrees to release any property held by it hereunder (the “Escrowed Property”) in accordance with the terms and conditions set forth in this Agreement.

Appears in 6 contracts

Samples: Form of Pledge and Escrow Agreement (Advanced Technology Acquisition Corp.), Stock Pledge Agreement (Greenshift Corp), Insider Pledge and Escrow Agreement (Sensor System Solutions Inc)

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Concerning the Escrow Agent. (a) A. The Escrow Agent undertakes to perform only such duties as are expressly set forth herein and no implied duties or obligations shall be read into this Agreement against the Escrow Agent. Escrow Agent agrees to release any property held by it hereunder (the “Escrowed Property”) in accordance with the terms and conditions set forth in this Agreement.

Appears in 1 contract

Samples: Share Escrow Agreement (Astris Energi Inc)

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