Common use of Duties Limited Clause in Contracts

Duties Limited. The Escrow Agent undertakes to perform only such duties as are expressly set forth herein. The Escrow Agent’s duties shall be determined only with reference to this Escrow Agreement and applicable laws and it shall have no implied duties. The Escrow Agent shall not be bound by, deemed to have knowledge of, or have any obligation to make inquiry into or consider, any term or provision of any agreement, among the Investors, the Major Stockholder, and/or any other third party which may be referred to herein or as to which the escrow relationship created by this Escrow Agreement relates, including, without limitation, the Contribution and Exchange Agreement.

Appears in 2 contracts

Sources: Major Stockholder Contribution and Exchange Agreement, Major Stockholder Contribution and Exchange Agreement (Open Link Financial, Inc.)

Duties Limited. The Escrow Agent undertakes to perform only such duties as are expressly set forth herein. The Escrow Agent may perform its duties through its agents and affiliates. The Escrow Agent’s duties shall be determined only with reference to this Escrow Agreement and applicable laws and it shall have no implied duties. The Escrow Agent shall not be bound by, deemed to have knowledge of, or have any obligation to make inquiry into or consider, any term or provision of any agreement, among the Investorsagreement between Purchaser, the Major StockholderStockholder Representative, and/or any other third party which may be referred to herein or as to which the escrow relationship created by this Escrow Agreement relates, including, without limitation, the Contribution and Exchange Agreement.

Appears in 2 contracts

Sources: Escrow Agreement (Novartis Bioventures LTD), Escrow Agreement (Ampersand 2006 L P)

Duties Limited. The Escrow Agent undertakes to perform only such duties as are expressly set forth herein. The Escrow Agent may perform its duties through its agents and affiliates. The Escrow Agent’s duties shall be determined only with reference to this Escrow Agreement and applicable laws and it shall have no implied duties. The Escrow Agent shall not be bound by, deemed to have knowledge of, or have any obligation to make inquiry into or consider, any term or provision of any agreement, among the Investorsagreement between Parent, the Major StockholderStockholder Representative, and/or any other third party which may be referred to herein or as to which the escrow relationship created by this Escrow Agreement relates, including, without limitation, the Contribution and Exchange Agreement.

Appears in 2 contracts

Sources: Merger Agreement (Rxi Pharmaceuticals Corp), Escrow Agreement (Rxi Pharmaceuticals Corp)

Duties Limited. The Escrow Agent undertakes to perform only such duties as are expressly set forth herein. The Escrow Agent may perform its duties through its agents and affiliates. The Escrow Agent’s duties shall be determined only with reference to this Escrow Agreement and applicable laws and it shall have no implied duties. The Escrow Agent shall not be bound by, deemed to have knowledge of, or have any obligation to make inquiry into or consider, any term or provision of any agreementagreement between CombinatoRx, among the Investors, the Major StockholderStockholder Representative, and/or any other third party which may be referred to herein or as to which the escrow relationship created by this Escrow Agreement relates, including, without limitation, the Contribution and Exchange Agreement.

Appears in 1 contract

Sources: Escrow Agreement (Combinatorx, Inc)

Duties Limited. The Escrow Agent undertakes to perform only such duties as are expressly set forth herein. The Escrow Agent may perform its duties through its agents and affiliates. The Escrow Agent’s duties shall be determined only with reference to this Escrow Agreement and applicable laws and it shall have no implied duties. The Escrow Agent shall not be bound by, deemed to have knowledge of, or have any obligation to make inquiry into or consider, any term or provision of any agreementagreement between Parent, among the Investors, the Major StockholderStockholder Representative, and/or any other third party which may be referred to herein or as to which the escrow relationship created by this Escrow Agreement relates, including, without limitation, the Contribution and Exchange Agreement.

Appears in 1 contract

Sources: Escrow Agreement (Myriad Pharmaceuticals, Inc.)

Duties Limited. The Escrow Agent undertakes to perform only such duties as are expressly set forth herein. The Escrow Agent may perform its duties through its agents and affiliates. The Escrow Agent’s duties shall be determined only with reference to this Escrow Agreement and applicable laws and it shall have no implied duties. The Escrow Agent shall not be bound by, deemed to have knowledge of, or have any obligation to make inquiry into or consider, any term or provision of any agreementagreement between OXiGENE, among the Investors, the Major StockholderStockholder Representative, and/or any other third party which may be referred to herein or as to which the escrow relationship created by this Escrow Agreement relates, including, without limitation, the Contribution and Exchange Agreement.

Appears in 1 contract

Sources: Merger Agreement (Oxigene Inc)

Duties Limited. The Escrow Agent undertakes to perform only such duties as are expressly set forth hereinin this Escrow Agreement. The Escrow Agent’s duties shall be determined only with reference to this Escrow Agreement (and the defined terms used herein but defined in the Merger Agreement) and applicable laws and it shall have no implied duties. The Escrow Agent shall not be bound by, deemed to have knowledge of, or have any obligation to make inquiry into or consider, any term or provision of any agreement, agreement among the InvestorsBuyer, the Major StockholderCompany, the Stockholder Representative and/or any other third party which may be referred to herein or as to which the escrow relationship created by this Escrow Agreement relates, including, including without limitation, the Contribution and Exchange limitation any documents referenced in this Escrow Agreement.

Appears in 1 contract

Sources: Merger Agreement (IntraLinks Holdings, Inc.)