Common use of Duties of the Escrow Agent Clause in Contracts

Duties of the Escrow Agent. The Escrow Agent shall have no duties other than those expressly imposed on it herein and in the Merger Agreement, and shall not be liable for any act or omission except for its own gross negligence or willful misconduct.

Appears in 3 contracts

Samples: Escrow Agreement (Adc Telecommunications Inc), Agreement and Plan of Merger (Centigram Communications Corp), Lock Up Agreement (Great Plains Software Inc)

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Duties of the Escrow Agent. The Escrow Agent shall have no duties other than those expressly imposed on it herein and in the Merger Agreement, and shall not be liable for any act or omission omission, except for its own gross negligence or willful misconduct.

Appears in 2 contracts

Samples: Escrow Agreement (Cyberoptics Corp), Escrow Agreement (Cyberoptics Corp)

Duties of the Escrow Agent. The Escrow Agent shall have no duties other than those expressly imposed on it herein and in the Merger Agreement, and shall not be liable for any act or omission except for its own gross negligence or willful misconduct.

Appears in 1 contract

Samples: Stock Purchase and Sale Agreement (Universal Hospital Services Inc)

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Duties of the Escrow Agent. The Escrow Agent shall have no duties other than those expressly imposed on it herein and in the Merger Agreement, and shall not be liable for any act or omission except for its own gross negligence or willful misconduct.

Appears in 1 contract

Samples: Escrow Agreement (Rimage Corp)

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