Common use of Conflict Waiver Clause in Contracts

Conflict Waiver. The Pledgor and each Company hereby acknowledges that the Escrow Agent is counsel to the Secured Party in connection with the transactions contemplated and referred herein. The Pledgor and the Companies agree that in the event of any dispute arising in connection with this Agreement or otherwise in connection with any transaction or agreement contemplated and referred herein, the Escrow Agent shall be permitted to continue to represent the Secured Party and neither the Pledgor, nor the Companies, will seek to disqualify such counsel and each of them waives any objection Pledgor or the Companies might have with respect to the Escrow Agent acting as the Escrow Agent pursuant to this Agreement. Pledgor, the Companies and Secured Party acknowledge and agree that nothing in this Agreement shall prohibit Escrow Agent from: (i) serving in a similar capacity on behalf of others; or (ii) acting in the capacity of attorneys for one or more of the parties hereto in connection with any matter.

Appears in 7 contracts

Samples: Pledge and Escrow Agreement (Grow Solutions Holdings, Inc.), Pledge and Escrow Agreement (Sack Lunch Productions Inc.), Pledge and Escrow Agreement (Sack Lunch Productions Inc.)

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Conflict Waiver. The Pledgor and each Company hereby acknowledges that the Escrow Agent is counsel to the Secured Party in connection with the transactions contemplated and referred herein. The Pledgor and the Companies Company agree that in the event of any dispute arising in connection with this Agreement or otherwise in connection with any transaction or agreement contemplated and referred herein, the Escrow Agent shall be permitted to continue to represent the Secured Party and neither the Pledgor, nor the CompaniesCompany, will seek to disqualify such counsel and each of them waives any objection Pledgor or the Companies Company might have with respect to the Escrow Agent acting as the Escrow Agent pursuant to this Agreement. Pledgor, the Companies Company and Secured Party acknowledge and agree that nothing in this Agreement shall prohibit Escrow Agent from: (i) serving in a similar capacity on behalf of others; or (ii) acting in the capacity of attorneys for one or more of the parties hereto in connection with any matter.

Appears in 6 contracts

Samples: Pledge and Escrow Agreement (Jupiter Wellness, Inc.), Pledge and Escrow Agreement (Inventergy Global, Inc.), Pledge and Escrow Agreement (SRAX, Inc.)

Conflict Waiver. The Pledgor and each the Company hereby acknowledges acknowledge that the Escrow Agent is counsel to the Secured Party in connection with the transactions contemplated and referred herein. The Pledgor and the Companies Company agree that in the event of any dispute arising in connection with this Agreement or otherwise in connection with any transaction or agreement contemplated and referred herein, the Escrow Agent shall be permitted to continue to represent the Secured Party and neither the Pledgor, nor the CompaniesCompany, will seek to disqualify such counsel and each of them waives any objection Pledgor or the Companies Company might have with respect to the Escrow Agent acting as the Escrow Agent pursuant to this Agreement. Pledgor, the Companies Company and Secured Party acknowledge and agree that nothing in this Agreement shall prohibit Escrow Agent from: (i) serving in a similar capacity on behalf of others; or (ii) acting in the capacity of attorneys for one or more of the parties hereto in connection with any matter.

Appears in 4 contracts

Samples: Securities Purchase Agreement (SinglePoint Inc.), Pledge and Escrow Agreement (Pacific Ventures Group, Inc.), Pledge and Escrow Agreement (Pacific Ventures Group, Inc.)

Conflict Waiver. The Pledgor Pledgors and each Company hereby acknowledges that the Escrow Agent is counsel to the Secured Party in connection with the transactions contemplated and referred herein. The Pledgor Pledgors and the Companies agree that in the event of any dispute arising in connection with this Agreement or otherwise in connection with any transaction or agreement contemplated and referred herein, the Escrow Agent shall be permitted to continue to represent the Secured Party and neither the PledgorPledgors, nor the Companies, will seek to disqualify such counsel and each of them waives any objection Pledgor Pledgors or the Companies might have with respect to the Escrow Agent acting as the Escrow Agent pursuant to this Agreement. PledgorPledgors, the Companies and Secured Party acknowledge and agree that nothing in this Agreement shall prohibit Escrow Agent from: (i) serving in a similar capacity on behalf of others; or (ii) acting in the capacity of attorneys for one or more of the parties hereto in connection with any matter.

Appears in 1 contract

Samples: Pledge and Escrow Agreement (Pulse Network, Inc.)

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Conflict Waiver. The Pledgor and each the Company hereby acknowledges that the Escrow Agent is counsel to the Secured Party in connection with the transactions contemplated and referred herein. The Pledgor and the Companies Company agree that in the event of any dispute arising in connection with this Agreement or otherwise in connection with any transaction or agreement contemplated and referred herein, the Escrow Agent shall be permitted to continue to represent the Secured Party and neither the Pledgor, nor the CompaniesCompany, will seek to disqualify such counsel and each of them waives any objection Pledgor or the Companies Company might have with respect to the Escrow Agent acting as the Escrow Agent pursuant to this Agreement. Pledgor, the Companies Company and Secured Party acknowledge and agree that nothing in this Agreement shall prohibit Escrow Agent from: (i) serving in a similar capacity on behalf of others; or (ii) acting in the capacity of attorneys for one or more of the parties hereto in connection with any matter.

Appears in 1 contract

Samples: Security Agreement (Drone USA Inc.)

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