Common use of Exculpation of Escrow Agent Clause in Contracts

Exculpation of Escrow Agent. The Escrow Agent shall in no case or event be liable for the failure of any of the Conditions to Closing of this escrow, or for forgeries or false impersonation, unless such liability or damage is the result of negligence or willful misconduct by the Escrow Agent.

Appears in 2 contracts

Samples: Disposition and Development Agreement, Disposition and Development Agreement

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Exculpation of Escrow Agent. The Escrow Agent shall in no case or event not be liable for the failure of any of the Conditions to Closing of this escrowEscrow, or for forgeries or false impersonationpersonation, unless such liability or damage is the result of negligence or willful misconduct by the Escrow Agent.

Appears in 1 contract

Samples: Disposition and Development Agreement

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Exculpation of Escrow Agent. The Escrow Agent shall in no case or event be liable for the failure of any of the City Closing Conditions to or Developer Closing Conditions of this escrowEscrow, or for forgeries or false impersonation, unless such liability or damage is the result of the Escrow Agent’s negligence or willful misconduct by the Escrow Agentmisconduct.

Appears in 1 contract

Samples: Disposition and Development Agreement

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