Common use of Reliance by Escrow Agent Clause in Contracts

Reliance by Escrow Agent. The Escrow Agent may rely on the Stockholder Representative as the exclusive agent of the Company Indemnifying Stockholders under this Agreement and shall incur no liability to any party with respect to any action taken or suffered by it in reliance thereon.

Appears in 2 contracts

Samples: Escrow Agreement (Biomira CORP), Security Agreement (Biomira Inc)

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Reliance by Escrow Agent. The Escrow Agent may rely on the Stockholder Representative Stockholders' Representatives as the exclusive agent agents of the Company Indemnifying Stockholders under this Agreement and shall incur no liability to any party with respect to any action taken or suffered by it in reliance thereon.

Appears in 1 contract

Samples: Escrow Agreement (Nashua Corp)

Reliance by Escrow Agent. The Escrow Agent may rely on the Stockholder Stockholders’ Representative as the exclusive agent of the Company Indemnifying Stockholders under this Agreement and shall incur no liability to any party with respect to any action taken or suffered by it in reliance thereon.

Appears in 1 contract

Samples: Escrow Agreement (Fortissimo Acquisition Corp.)

Reliance by Escrow Agent. The Escrow Agent may rely on the Stockholder Representative as the exclusive agent of the Company Indemnifying Stockholders under this Agreement and shall incur no liability to any party with respect to any action taken or suffered by it in reliance thereon.

Appears in 1 contract

Samples: Escrow Agreement (Loudeye Corp)

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Reliance by Escrow Agent. The Escrow Agent may rely on the Stockholder Representative Stockholders’ Representatives as the exclusive agent agents of the Company Indemnifying Stockholders Equityholders under this Escrow Agreement and shall incur no liability to any party with respect to any action taken or suffered by it in reliance thereon. Concurrent with the execution of this Escrow Agreement, the Buyer shall deliver to the Escrow Agent authorized xxxxxx form, Attachment D hereto.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Alexion Pharmaceuticals Inc)

Reliance by Escrow Agent. The Escrow Agent may rely on the Stockholder Representative Indemnification Representatives as the exclusive agent agents of the Company Indemnifying Stockholders under this Agreement and shall incur no liability to any party with respect to any action taken or suffered by it in reliance thereon.

Appears in 1 contract

Samples: Escrow Agreement (Blackboard Inc)

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