Common use of Knowledge and Sufficiency of Documents Clause in Contracts

Knowledge and Sufficiency of Documents. The Escrow Agent shall not be -------------------------------------- bound by or have any responsibility with respect to compliance with any agreement between any of the other parties hereto, including the Purchase Agreement, irrespective of whether the Escrow Agent has knowledge of the existence of any such agreement or terms and provisions thereof, the Escrow Agent's only duty, liability, and responsibility being to receive, hold and deliver the Escrow Fund as herein provided. The Escrow Agent shall not be required in any way to determine the validity or sufficiency, whether in form or in substance, of the Escrow Fund or the validity, sufficiency, genuineness or accuracy of any instrument, document, certificate, statement or notice referred to in this Agreement or contemplated hereby, or the adequacy of any security interest created hereunder; or the identity or authority of the persons executing the same, and it shall be sufficient if any writing purporting to be such instrument, document, certificate, statement or notice is delivered to the Escrow Agent and purports on its face to be correct in form and signed or otherwise executed by the party or parties required to sign or execute the same under this Agreement.

Appears in 3 contracts

Samples: Indemnification Escrow Agreement (Monroe Inc), Escrow Agreement (Merkert American Corp), Indemnification Escrow Agreement (Merkert American Corp)

AutoNDA by SimpleDocs

Knowledge and Sufficiency of Documents. The Escrow Agent shall not be -------------------------------------- bound by or have any responsibility with respect to compliance with any agreement between any of the other parties hereto, including the Purchase Agreement, irrespective of whether the Escrow Agent has knowledge of the existence of any such agreement or terms and provisions thereof, the Escrow Agent's only duty, liability, and responsibility being to receive, hold and deliver the Escrow Fund as herein provided. The Escrow Agent shall not be required in any way to determine the validity or sufficiency, whether in form or in substance, of the Escrow Fund or the validity, sufficiency, genuineness or accuracy of any instrument, document, certificate, statement or notice referred to in this Agreement or contemplated herebyhereby (including, without limitation, wire transfer instructions, whether incorporated herein or the adequacy of any security interest created hereunderprovided in a separate written instruction); or the identity or authority of the persons executing the same, and it shall be sufficient if any writing purporting to be such instrument, document, certificate, statement or notice is delivered to the Escrow Agent and purports on its face to be correct in form and signed or otherwise executed by the party or parties required to sign or execute the same under this Agreement.

Appears in 3 contracts

Samples: Tax Escrow Agreement (Monroe Inc), Tax Escrow Agreement (Merkert American Corp), Stock Purchase Agreement (Merkert American Corp)

Knowledge and Sufficiency of Documents. The Escrow Agent shall not be -------------------------------------- bound by or have any responsibility with respect to compliance with any agreement between any of the other parties hereto, including the Purchase Agreement, irrespective of whether the Escrow Agent has knowledge of the existence of any such agreement or terms and provisions thereof, the Escrow Agent's only duty, liability, and responsibility being to receive, hold and deliver the Escrow Fund as herein provided. The Escrow Agent shall not be required in any way to determine the validity or sufficiency, whether in form or in substance, of the Escrow Fund or the validity, sufficiency, genuineness or accuracy of any instrument, document, certificate, statement or notice referred to in this Agreement or contemplated hereby, or the adequacy of any security interest created hereunder; or the identity or authority of the persons executing the same, and it shall be sufficient if any writing purporting to be such instrument, document, certificate, certificate statement or notice is delivered to the Escrow Agent and purports on its face to be correct in form and signed or otherwise executed by the party or parties required to sign or execute the same under this Agreement.

Appears in 2 contracts

Samples: Non Competition Agreement (Mac-Gray Corp), Non Competition Agreement (Mac-Gray Corp)

Knowledge and Sufficiency of Documents. The Escrow Agent shall not be -------------------------------------- bound by or have any responsibility with respect to compliance with any agreement between any of the other parties hereto, including the Purchase Agreement, irrespective of whether the Escrow Agent has knowledge of the existence of any such agreement or terms and provisions thereof, the Escrow Agent's only duty, liability, and responsibility being to receive, hold and deliver the Xxxxxxx Escrow Fund, the State Escrow Fund, the General Escrow Fund and the Escrowed Shares as herein provided. The Escrow Agent shall not be required in any way to determine the validity or sufficiency, whether in form or in substance, of the Xxxxxxx Escrow Fund, the State Escrow Fund, the General Escrow Fund and the Escrowed Shares or the validity, sufficiency, genuineness or accuracy of any instrument, document, certificate, statement or notice referred to in this Agreement or contemplated hereby, or the adequacy of any security interest created hereunder; or the identity or authority of the persons executing the same, and it shall be sufficient if any writing purporting to be such instrument, document, certificate, statement or notice is delivered to the Escrow Agent and purports on its face to be correct in form and signed or otherwise executed by the party or parties required to sign or execute the same under this Agreement.

Appears in 1 contract

Samples: Indemnification Escrow Agreement (Merkert American Corp)

Knowledge and Sufficiency of Documents. The Escrow Agent shall not be -------------------------------------- bound by or have any responsibility with respect to compliance with any agreement between any of the other parties hereto, including the Purchase Merger Agreement, irrespective of whether the Escrow Agent has knowledge of the existence of any such agreement or terms and provisions thereof, the Escrow Agent's only duty, liability, and responsibility being to receive, hold and deliver the Escrow Fund Escrowed Shares as herein provided. The Escrow Agent shall not be required in any way to determine the validity or sufficiency, whether in form or in substance, of the Escrow Fund Escrowed Shares or the validity, sufficiency, genuineness or accuracy of any instrument, document, certificate, statement or notice referred to in this Agreement or contemplated hereby, or the adequacy of any security interest created hereunder; or the identity or authority of the persons executing the same, and it shall be sufficient if any writing purporting to be such instrument, document, certificate, certificate statement or notice is delivered to the Escrow Agent and purports on its face to be correct in form and signed or otherwise executed by the party or parties required to sign or execute the same under this Agreement.

Appears in 1 contract

Samples: Escrow Agreement (Mac-Gray Corp)

AutoNDA by SimpleDocs

Knowledge and Sufficiency of Documents. The Escrow Agent shall not be -------------------------------------- bound by or have any responsibility with respect to compliance with any agreement between any of the other parties hereto, including the Purchase Agreement, irrespective of whether the Escrow Agent has knowledge of the existence of any such agreement or terms and provisions thereof, the Escrow Agent's only duty, liability, and responsibility being to receive, hold and deliver the Escrow Fund Escrowed Shares as herein provided. The Escrow Agent shall not be required in any way to determine the validity or sufficiency, whether in form or in substance, of the Escrow Fund Escrowed Shares or the validity, sufficiency, genuineness or accuracy of any instrument, document, certificate, statement or notice referred to in this Agreement or contemplated hereby, or the adequacy of any security interest created hereunder; or the identity or authority of the persons executing the same, and it shall be sufficient if any writing purporting to be such instrument, document, certificate, certificate statement or notice is delivered to the Escrow Agent and purports on its face to be correct in form and signed or otherwise executed by the party or parties required to sign or execute the same under this Agreement.

Appears in 1 contract

Samples: Indemnification Escrow Agreement (Monroe Inc)

Knowledge and Sufficiency of Documents. The Escrow Agent shall not be -------------------------------------- bound by or have any responsibility with respect to compliance with any agreement between any of the other parties hereto, including the Purchase Agreement, irrespective of whether the Escrow Agent has knowledge of the existence of any such agreement or terms and provisions thereof, the Escrow Agent's only duty, liability, and responsibility being to receive, hold and deliver the Xxxxxxx Escrow Fund, the General Escrow Fund and the Escrowed Shares as herein provided. The Escrow Agent shall not be required in any way to determine the validity or sufficiency, whether in form or in substance, of the Xxxxxxx Escrow Fund, the General Escrow Fund and the Escrowed Shares or the validity, sufficiency, genuineness or accuracy of any instrument, document, certificate, statement or notice referred to in this Agreement or contemplated hereby, or the adequacy of any security interest created hereunder; or the identity or authority of the persons executing the same, and it shall be sufficient if any writing purporting to be such instrument, document, certificate, certificate statement or notice is delivered to the Escrow Agent and purports on its face to be correct in form and signed or otherwise executed by the party or parties required to sign or execute the same under this Agreement.

Appears in 1 contract

Samples: Stock Purchase Agreement (Merkert American Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.