Common use of No Financial Obligation Clause in Contracts

No Financial Obligation. No provision of this Escrow Agreement shall require the Escrow Agent to risk or advance its own funds or otherwise incur any financial liability or potential financial liability in the performance of its duties or the exercise of its rights under this Escrow Agreement.

Appears in 73 contracts

Samples: Escrow Agreement (Lawson Software, Inc.), Asset Purchase Agreement (Oclaro, Inc.), Agreement and Plan of Merger (Sucampo Pharmaceuticals, Inc.)

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No Financial Obligation. No provision of this Escrow Agreement shall require the Escrow Agent to risk or advance its own funds or otherwise incur any financial liability or potential financial liability in the performance of its duties or the exercise of its rights under this Escrow Agreement.

Appears in 16 contracts

Samples: Contribution Agreement (American Midstream Partners, LP), Solicitation and Non Disclosure Agreement (Fleetcor Technologies Inc), Term Loan Agreement (Albertsons Companies, Inc.)

No Financial Obligation. No provision of this Escrow Agreement shall require the Escrow Agent to risk or advance its own funds or otherwise incur any financial liability or potential financial liability in the performance of its duties or the exercise of its rights under this Escrow Agreement.

Appears in 6 contracts

Samples: Share Purchase Agreement (Red Cat Holdings, Inc.), Securities Purchase Agreement (KULR Technology Group, Inc.), Escrow Agreement (Red Cat Holdings, Inc.)

No Financial Obligation. No provision of this Escrow Agreement shall require the Escrow Agent to risk or advance its own funds or otherwise incur any financial liability or potential financial liability in the performance of its duties or the exercise of its rights under this Escrow Agreement.. ARTICLE 3

Appears in 6 contracts

Samples: Asset Purchase Agreement (Digital Media Solutions, Inc.), Escrow Agreement (Hurco Companies Inc), Stock Purchase Agreement (Delek US Holdings, Inc.)

No Financial Obligation. No provision of this Escrow Agreement shall require the Escrow Agent to risk or advance its own funds or otherwise incur any financial liability or potential financial liability in the performance of its duties or the exercise of its rights under this Escrow Agreement, unless it shall have been furnished with indemnity and/or security satisfactory to it.

Appears in 5 contracts

Samples: Escrow Agreement (Western Digital Corp), Escrow Agreement (Kindred Healthcare, Inc), Escrow Agreement (Western Digital Corp)

No Financial Obligation. No provision of this Escrow Agreement shall require the Escrow Agent to risk or advance its own funds or otherwise incur any financial liability or potential financial liability in the performance of its duties or the exercise of its rights under this Escrow Agreement.

Appears in 4 contracts

Samples: Registration Rights Agreement, Registration Rights Agreement (EnLink Midstream Partners, LP), Agreement and Plan of Merger (Regency Energy Partners LP)

No Financial Obligation. No provision of this Escrow Agreement shall require the Escrow Agent to risk or advance its own funds or otherwise incur any financial liability or potential financial liability in the performance of its duties or the exercise of its rights under this Escrow Agreementhereunder.

Appears in 3 contracts

Samples: Settlement Agreement, Settlement Agreement, Escrow Agreement (Stratum Holdings, Inc.)

No Financial Obligation. No provision of this Escrow Agreement shall will require the Escrow Agent to risk or advance its own funds or otherwise incur any financial liability or potential financial liability in the performance of its duties or the exercise of its rights under this Escrow Agreement.

Appears in 2 contracts

Samples: Stock Purchase Agreement (M/a-Com Technology Solutions Holdings, Inc.), Stock Purchase Agreement (Autoliv Inc)

No Financial Obligation. No provision of this Escrow Agreement shall require the Escrow Agent to risk or advance its own funds or otherwise incur any financial liability or potential financial liability (except in the case of willful misconduct or gross negligence by the Escrow Agent) in the performance of its duties or the exercise of its rights under this Escrow Agreement.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Sentio Healthcare Properties Inc), Purchase and Sale Agreement (Sentio Healthcare Properties Inc)

No Financial Obligation. No provision of this Escrow Agreement shall require the Escrow Agent to risk or advance its own funds or otherwise incur any financial liability or potential financial liability in the performance of its duties or the exercise of its rights under this Escrow Agreement.

Appears in 2 contracts

Samples: Escrow Agreement (Virtual Radiologic CORP), Escrow Agreement (Global Enterprises (Nevada), Inc.)

No Financial Obligation. No provision of this Escrow Agreement shall require the Escrow Agent to risk or advance its own funds or otherwise incur any financial liability or potential financial liability in the performance of its duties or the exercise of its rights under this Agreement, unless it shall have been furnished with indemnity and/or security satisfactory to it. The Escrow Agent shall have no liability under the provisions of any agreement other than this Agreement.

Appears in 2 contracts

Samples: Loan Agreement (Western Digital Corp), Loan Agreement (Western Digital Corp)

No Financial Obligation. No provision of this Escrow Agreement shall require the Escrow Agent to risk or advance its own funds or otherwise incur any financial liability or potential financial liability in the performance of its duties or the exercise of its rights under this Escrow Agreementhereunder.

Appears in 1 contract

Samples: Employment Agreement (UniTek Global Services, Inc.)

No Financial Obligation. No provision of this Escrow Agreement shall will require the Escrow Agent to risk or advance its own funds or otherwise incur any financial liability or potential financial liability in the performance of its duties or the exercise of its rights under this Escrow Agreement.

Appears in 1 contract

Samples: Escrow Agreement

No Financial Obligation. No provision of this Escrow Agreement shall require the Escrow Agent to risk or advance its own funds or otherwise incur any financial liability or potential financial liability in the performance of its duties or the exercise of its rights under this Escrow Agreement.. 3.5

Appears in 1 contract

Samples: Lease Termination Agreement (Horace Mann Educators Corp /De/)

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No Financial Obligation. No Other than as a result of gross negligence or willful misconduct of the Escrow, no provision of this Escrow Agreement shall require the Escrow Agent to risk or advance its own funds or otherwise incur any financial liability or potential financial liability in the performance of its duties or the exercise of its rights under this Escrow Agreement.

Appears in 1 contract

Samples: Transition and Linking Agreement (Costar Group Inc)

No Financial Obligation. No provision of this Escrow Agreement shall require the Escrow Agent to risk or advance its own funds or otherwise incur any financial liability or potential financial liability in the performance of its duties or the exercise of its rights under this Escrow Agreement.. ARTICLE 4

Appears in 1 contract

Samples: Escrow Agreement (Millennial Media Inc.)

No Financial Obligation. No provision of this Escrow Agreement shall require the Escrow Agent to risk or advance its own funds or otherwise incur any financial liability or potential financial liability in the performance of its duties or the exercise of its rights under this Escrow Agreement.. EXECUTION VERSION

Appears in 1 contract

Samples: Escrow Agreement (NeoStem, Inc.)

No Financial Obligation. No Except in the case of the gross negligence or willful misconduct of the Escrow Agent, no provision of this Escrow Agreement shall require the Escrow Agent to risk or advance its own funds or otherwise incur any financial liability or potential financial liability in the performance of its duties or the exercise of its rights under this Escrow Agreement.

Appears in 1 contract

Samples: License Agreement (Sequenom Inc)

No Financial Obligation. No provision of this Escrow Agreement shall require the Escrow Agent to risk or advance its own funds or otherwise incur any financial liability or potential financial liability in the performance of its duties or the exercise of its rights under this Escrow AgreementAgreement unless the Escrow Agent is furnished with security and indemnity which it deems, in its sole and absolute discretion, to be satisfactory.

Appears in 1 contract

Samples: Escrow Agreement (Repligen Corp)

No Financial Obligation. No provision of this Escrow Agreement shall require the Escrow Agent to risk or advance its own funds or otherwise incur any financial liability or potential financial liability in the performance of its duties or the exercise of its rights under this Escrow Agreement, except to the extent such liability is directly caused by the Escrow Agent’s gross negligence or willful misconduct.

Appears in 1 contract

Samples: Escrow Agreement (ConvergEx Holdings, LLC)

No Financial Obligation. No provision of this Escrow Agreement shall require the Escrow Agent to risk or advance its own funds or otherwise incur any financial liability or potential financial liability in the performance of its duties or the exercise of its rights under this Escrow Agreement.

Appears in 1 contract

Samples: Asset Purchase Agreement (Planetout Inc)

No Financial Obligation. No provision of this Escrow Agreement shall require the Escrow Agent to risk or advance its own funds or otherwise incur any financial liability or potential financial liability in the performance of its duties or the exercise of its rights under this Escrow Agreement.. ARTICLE III

Appears in 1 contract

Samples: Share Purchase Agreement (Codex DNA, Inc.)

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