Common use of No Distribution of Expenses Clause in Contracts

No Distribution of Expenses. Except as provided in Section 8 of this Agreement with respect to Buyer, neither Sellers nor Buyer shall be entitled to reimbursement out of the Escrowed Property for any costs and expenses incurred by them in connection with exercising their rights or performing their duties under this Agreement.

Appears in 2 contracts

Samples: Escrow Agreement (Manuel E Patrick), Stock Restriction Agreement (Team Inc)

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No Distribution of Expenses. Except as provided in Section 8 of this Agreement with respect to Buyer, neither Sellers Seller nor Buyer shall be entitled to reimbursement out of the Escrowed Property for any costs and expenses incurred by them in connection with exercising their rights or performing their duties under this Agreement. SECTION 5.

Appears in 1 contract

Samples: Asset Purchase Agreement (Ross Technology Inc)

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No Distribution of Expenses. Except as provided set forth in Section 8 of this Agreement with respect to BuyerAgreement, neither Sellers the Representative nor Buyer shall be entitled to reimbursement out of the Escrowed Property for any costs and expenses incurred by them in connection with exercising their rights or performing their duties under this Agreement.

Appears in 1 contract

Samples: Indemnification Escrow Agreement (Atrium Companies Inc)

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