Concerning the Escrow Agent. (a) The Escrow Agent shall not have any liability to any of the parties to this Agreement or to any third party arising out of its services as Escrow Agent under this Agreement, except for damages directly resulting from the Escrow Agent’s gross negligence or willful misconduct.
Appears in 4 contracts
Samples: Escrow Agreement (Canna-Global Acquisition Corp), Escrow Agreement (Prime Acquisition Corp), Escrow Agreement (Cape Coastal Trading Corp)
Concerning the Escrow Agent. (a) The Escrow Agent shall not have any liability to any of the parties to this Agreement or to any third party arising out of its services as Escrow Agent under this Agreement, except for damages directly resulting from the Escrow Agent’s 's gross negligence or willful misconduct.
Appears in 4 contracts
Samples: Escrow Agreement (Sunset Suits Holdings, Inc.), Escrow Agreement (Fashion Tech International Inc), Escrow Agreement (Irish Mag, Inc.)
Concerning the Escrow Agent. (a) a. The Escrow Agent shall not have any liability to any of the parties to this Agreement or to any third party arising out of its services as Escrow Agent under this Agreement, except for damages directly resulting from the Escrow Agent’s 's gross negligence or willful misconduct.
Appears in 2 contracts
Samples: Employment Agreement (Able Telcom Holding Corp), Escrow Agreement (Able Telcom Holding Corp)
Concerning the Escrow Agent. (a) The Escrow Agent shall not have any liability to any of the parties Parties to this Agreement or to any third party arising out of its services as Escrow Agent under this Agreement, except for damages directly resulting from the Escrow Agent’s 's gross negligence or willful misconduct.
Appears in 1 contract
Samples: Closing Escrow Agreement (China Public Security Technology, Inc.)
Concerning the Escrow Agent. (a) The Escrow Agent shall not have any liability to any of the parties to this Agreement or to any third party arising out of its services as Escrow Agent under this Agreement, except for damages directly resulting from the Escrow Agent’s 's willful misconduct or gross negligence negligence. Without limiting the generality of the preceding sentence, in no event shall the Escrow Agent have any liability arising out of losses resulting from its investment or willful misconductreinvestment of the Escrow Deposit.
Appears in 1 contract
Samples: Securities Purchase Agreement (Vaso Active Pharmaceuticals Inc)
