Common use of Concerning the Escrow Agent Clause in Contracts

Concerning the Escrow Agent. (a) The Escrow Agent shall not be under any duty to give the Escrow Funds held by it hereunder any greater degree of care than it gives its own similar property and shall not be required to invest any funds held hereunder except as directed pursuant to Section 5 of this Escrow Agreement.

Appears in 4 contracts

Samples: Escrow Agreement (Canfield Medical Supply, Inc.), Escrow Agreement (Canfield Medical Supply, Inc.), Escrow Agreement (Promap Corp)

AutoNDA by SimpleDocs

Concerning the Escrow Agent. (a) The Escrow Agent shall not be under any duty to give the Escrow Funds held by it hereunder any greater degree of care than it gives its own similar property and shall not be required to invest any funds held hereunder except as directed pursuant to Section 5 of this Escrow Agreementhereunder.

Appears in 3 contracts

Samples: Escrow Agreement, Escrow Agreement (REITless Impact Opportunity Zone Strategies LLC), Escrow Agreement (REITless Impact Opportunity Zone Strategies LLC)

Concerning the Escrow Agent. (a) The Escrow Agent shall not be under any duty to give the Escrow Escrowed Funds held by it hereunder any greater degree of care than it gives its own similar property and property. The Escrow Agent shall not be required to invest any funds held hereunder except as directed pursuant to Section 5 1 and Section 3 of this Escrow Agreement. Uninvested funds held hereunder shall not earn or accrue interest.

Appears in 2 contracts

Samples: Escrow Agreement (Ionics Inc), Section 338 Escrow Agreement (Ionics Inc)

Concerning the Escrow Agent. (a) The Escrow Agent shall not be under any duty to give the Escrow Funds Shares or other property or funds held by it hereunder any greater degree of care than it gives its own similar property and shall not be required to invest any funds held hereunder except as directed pursuant to Section 5 of in this Escrow Agreement.

Appears in 2 contracts

Samples: Escrow Agreement (Kemp Schaeffer Rowe & Lardiere), Escrow Agreement (Price Thomas A)

AutoNDA by SimpleDocs

Concerning the Escrow Agent. (a) The Escrow Agent shall not be under any duty to give the Escrow Funds held by it hereunder any greater degree of care than it gives its own similar property and shall not be required to invest any funds held hereunder except as directed pursuant to Section 5 1 of this Escrow Agreement.

Appears in 2 contracts

Samples: Escrow Agreement (Canfield Medical Supply, Inc.), Escrow Agreement (maniaTV Inc.)

Concerning the Escrow Agent. (a) The Escrow Agent shall not be under any duty to give the Escrow Funds held by it hereunder any greater degree of care than it gives its own similar property and shall not be required to invest any funds held hereunder except as directed pursuant to Section 5 of this Escrow Agreementherein.

Appears in 2 contracts

Samples: Supply Agreement (Security With Advanced Technology, Inc.), Escrow Agreement (Nascent Wine Company, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.