Common use of Duties and Responsibilities of Escrow Agent Clause in Contracts

Duties and Responsibilities of Escrow Agent. (a) Escrow Agent, by signing this Agreement, agrees to accept, hold and dispose of the subscription proceeds in accordance with the terms hereof. The duties and responsibilities of Escrow Agent shall be limited to those expressly set forth in this Agreement, and no implied covenants or duties shall be read into this Agreement against the Escrow Agent, and the Escrow Agent shall not be subject to, nor obligated to comply with or to recognize, any other agreement between, or any direction or instruction of, any or all of the other parties thereto even though reference thereto may be made herein; provided, however, with the written consent of Escrow Agent, this Agreement may be amended at any time or times by an instrument in writing signed by the Issuer and the Escrow Agent.

Duties and Responsibilities of Escrow Agent. (a) Escrow Agent, by signing this Agreement, agrees to accept, hold and dispose of the subscription proceeds in accordance with the terms hereof. The duties and responsibilities of Escrow Agent shall be limited to those expressly set forth in this Agreement, and no implied covenants or duties shall be read into this Agreement against the Escrow Agent, and the Escrow Agent shall not be subject to, nor obligated to comply with or to recognize, any other agreement between, or any direction or instruction of, any or all of the other parties thereto even though reference thereto may be made herein; provided, however, with the written consent of Escrow Agent, this Agreement may be amended at any time or times by an instrument in writing signed by the Issuer Issuer, the Managing Broker-Dealer and the Escrow Agent.

Duties and Responsibilities of Escrow Agent. (a) Escrow Agent, by signing this Agreement, agrees to accept, hold and dispose of the subscription proceeds in accordance with the terms hereof. The duties and responsibilities of Escrow Agent shall be limited to those expressly set forth in this Agreement, and no implied covenants or duties shall be read into this Agreement against the Escrow Agent, and the Escrow Agent shall not be subject to, nor obligated to comply with or to recognize, any other agreement between, or any direction or instruction of, any or all of the other parties thereto even though reference thereto may be made herein; provided, however, with the written consent of Escrow Agent, this Agreement may be amended at any time or times by an instrument in writing signed by the Issuer Issuer, the Dealer Manager and the Escrow Agent.

Duties and Responsibilities of Escrow Agent. (a) Escrow Agent, by signing this Escrow Agreement, acknowledges receipt of the Escrow Shares and agrees to accept, hold and dispose of the subscription proceeds them in accordance with the terms hereof. The duties and responsibilities of Escrow Agent shall be limited to those expressly set forth in this Agreement, Escrow Agreement and no implied covenants or duties shall be read into this Agreement against the Escrow Agent, and the Escrow Agent it shall not be subject to, nor obligated to comply with or to recognize, any other agreement (including the Merger Agreement and the Registration Rights Agreement) between, or any direction or instruction of, any or all of the other parties thereto hereto even though reference thereto may be made herein; providedPROVIDED, howeverHOWEVER, with the written consent of Escrow Agent, this Escrow Agreement may be amended at any time or times by an instrument in writing signed by all the Issuer and the Escrow Agentparties hereto.

Duties and Responsibilities of Escrow Agent. (a) Escrow Agent, by signing this Agreement, acknowledges receipt of the Escrow Funds and agrees to accept, hold and dispose of the subscription proceeds them in accordance with the terms hereof. The duties and responsibilities of Escrow Agent shall be limited to those expressly set forth in this Agreement, Escrow Agreement and no implied covenants or duties shall be read into this Agreement against the Escrow Agent, and the Escrow Agent shall not be subject to, nor obligated to comply with or to recognize, any other agreement (including the Main Agreement) between, or any direction or instruction of, any or all of the other parties thereto hereto even though reference thereto may be made herein; provided, however, with the written consent of Escrow Agent, this Escrow Agreement may be amended at any time or times by an instrument in writing signed by all the Issuer and the Escrow Agentparties hereto.