Duties of the Escrow Agent. (a) The Escrow Agent shall not be under any duty to give the Escrow Funds held hereunder any greater degree of care than it gives its own similar property and shall not be required to invest any Escrow Funds held hereunder, except as directed in this Agreement. Uninvested Escrow Funds held hereunder shall not earn or accrue interest.
Appears in 2 contracts
Samples: Stock Purchase Agreement (Ames National Corp), Escrow Agreement (Ames National Corp)
Duties of the Escrow Agent. (a) The Escrow Agent shall not be under any duty to give the Escrow Funds Property held by it hereunder any greater degree of care than it gives its own similar property and shall not be required to invest any Escrow Funds funds held hereunder, hereunder except as directed in this Agreement. Uninvested Escrow Funds funds held hereunder shall not earn or accrue interest.
Appears in 2 contracts
Samples: Asset Purchase Agreement (Nautilus, Inc.), Asset Purchase Agreement (Nautilus, Inc.)
Duties of the Escrow Agent. (a) 15.1 The Escrow Agent shall not be under any duty to give the Escrow Funds Amount held by it hereunder any greater degree of care than it gives its own similar property and shall not be required to invest any Escrow Funds funds held hereunder, hereunder except as directed in this Escrow Agreement. Uninvested Escrow Funds funds held hereunder shall not earn or accrue interest.
Appears in 1 contract
Samples: Stock and Asset Purchase Agreement (Molecular Devices Corp)
Duties of the Escrow Agent. (a) The Escrow Agent shall not be under any duty to give the Indemnity Escrow Funds held Fund kept by it hereunder any greater degree of care than it gives its own similar property and shall not be required to invest any Escrow Funds funds held hereunder, hereunder except as directed in writing pursuant to this Agreement. Uninvested Escrow Funds funds held hereunder shall not earn or accrue interest.
Appears in 1 contract
Duties of the Escrow Agent. (a) The Escrow Agent shall not be under any duty to give the Escrow Funds held by it hereunder any greater degree of care than it gives its own other similar escrow property and shall not be required to invest any Escrow Funds funds held hereunder, hereunder except as directed in this Agreement. Uninvested Escrow Funds held hereunder shall not earn or accrue interest.
Appears in 1 contract
Samples: Purchase and Sale Agreement
Duties of the Escrow Agent. (a) The Escrow Agent shall not be under any duty to give the Escrow Funds Fund held by it hereunder any greater degree of care than it gives its own similar property and shall not be required to invest any Escrow Funds funds held hereunder, hereunder except as directed jointly in this Agreement. Uninvested Escrow Funds held hereunder shall not earn or accrue interestwriting by the Contracting Parties.
Appears in 1 contract
Samples: Toll Road Concession Agreement
Duties of the Escrow Agent. (a) The Escrow Agent shall not be under any duty to give the Escrow Funds Fund held by it hereunder any greater degree of care than it gives its own similar property and shall not be required to invest any Escrow Funds funds held hereunder, hereunder except as directed in this Agreement. Uninvested Escrow Funds funds held hereunder shall not earn or accrue interest.
Appears in 1 contract
Samples: Escrow Agreement
Duties of the Escrow Agent. (a) 6.1 The Escrow Agent shall not be under any duty to give the Escrow Funds held by it hereunder any greater degree of care than it gives its own similar property and shall not be required to invest any Escrow Funds funds held hereunder, hereunder except as directed in this Agreement. Uninvested Escrow Funds held hereunder shall not earn or accrue interest.
Appears in 1 contract
Samples: Escrow Agreement (Talx Corp)
Duties of the Escrow Agent. (a) 9.1 The Escrow Agent shall not be under any duty to give the Escrow Funds Amount held by it hereunder any greater degree of care than it gives its own similar property and shall not be required to invest any Escrow Funds funds held hereunder, hereunder except as directed in this Escrow Agreement. Uninvested Escrow Funds funds held hereunder shall not earn or accrue interest.
Appears in 1 contract
Samples: Indemnification Escrow Agreement (Molecular Devices Corp)
