Common use of Earnout Escrow Agent Clause in Contracts

Earnout Escrow Agent. (a) The Earnout Escrow Agent shall have only those duties as are specifically and expressly provided herein, which shall be deemed purely ministerial in nature, and no other duties shall be implied. The Earnout Escrow Agent shall not have any fiduciary, partnership or joint venture relationship with any Party or any other person or entity arising out of or in connection with this Agreement.

Appears in 7 contracts

Samples: Business Combination Agreement (StoneBridge Acquisition Corp.), Earnout Escrow Agreement (StoneBridge Acquisition Corp.), Agreement and Plan of Merger (Big Cypress Acquisition Corp.)

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Earnout Escrow Agent. (a) Section 5.01 The Earnout Escrow Agent shall have only those duties as are specifically and expressly provided herein, which shall be deemed purely ministerial in nature, and no other duties shall be implied. The Earnout Escrow Agent shall not have any fiduciary, partnership or joint venture relationship with any Party or any other person or entity arising out of or in connection with this Agreement.

Appears in 1 contract

Samples: Subscription Agreement (Amplitude Healthcare Acquisition Corp)

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