Common use of Duties of the Escrow Agent Clause in Contracts

Duties of the Escrow Agent. The Escrow Agent shall have no duties or responsibilities other than those expressly set forth in this Agreement, and no implied duties or obligations shall be read into this Agreement against the Escrow Agent. The Escrow Agent is not a party to, or bound by, any other agreement among the other parties hereto, and the Escrow Agent’s duties shall be determined solely by reference to this Agreement. The Escrow Agent shall have no duty to enforce any obligation of any person, other than as provided herein. Except as provided in Section 2(a)(1) hereof regarding ensuring that certain funds are separately accounted for on the records of the Transfer Agent, the Escrow Agent shall be under no liability to anyone by reason of any failure on the part of any party hereto or any maker, endorser or other signatory of any document or any other person to perform such person’s obligations under any such document.

Appears in 10 contracts

Samples: Escrow Agreement (Griffin-Benefit Street Partners BDC Corp.), Escrow Agreement (Griffin-Benefit Street Partners BDC Corp.), Escrow Agreement (Griffin-Benefit Street Partners BDC Corp.)

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