Common use of No Advice Clause in Contracts

No Advice. Escrow Agent will not be called upon to advise any party as to the wisdom in selling or retaining or taking or refraining from any action with respect to any securities or other property deposited hereunder.

Appears in 4 contracts

Sources: Escrow Agreement (Platinum Research Organization, Inc.), Escrow Agreement (Entest Biomedical, Inc.), Escrow Agreement (Entest Biomedical, Inc.)

No Advice. The Escrow Agent will shall not be called upon to advise any party as to the wisdom in of selling or retaining any securities or other property deposited hereunder or taking or refraining from any action with respect to any securities or other property deposited hereunderthe Escrow Account.

Appears in 4 contracts

Sources: Escrow Agreement (Adelphia Communications Corp), Escrow Agreement (Adelphia Communications Corp), Escrow Agreement (Adelphia Communications Corp)

No Advice. The Escrow Agent will shall not be called upon to advise any party as to the wisdom in selling or retaining retaining, or taking or refraining from taking any action with respect to to, any securities Loans or other property deposited hereunder.

Appears in 2 contracts

Sources: Credit Agreement (Altice USA, Inc.), Credit Agreement (CSC Holdings LLC)

No Advice. Escrow Agent will shall not be called upon to advise any party as to the wisdom in selling or retaining or taking or refraining from any action with respect to any securities or other property deposited hereunder.

Appears in 2 contracts

Sources: Escrow Agreement (International Stem Cell CORP), Escrow Agreement (Surge Global Energy, Inc.)

No Advice. The Escrow Agent will shall not be called upon to advise any party as to the wisdom in selling or retaining or taking or refraining from any action with respect to any securities or other property deposited hereunder.

Appears in 1 contract

Sources: Escrow Agreement (Biovail Corporation International)

No Advice. Escrow Agent will shall not be called upon to advise any party as to the wisdom in selling or retaining or taking or refraining from any action with respect to any securities or other property deposited hereunderthe Escrow Account.

Appears in 1 contract

Sources: Escrow Agreement (On Assignment Inc)

No Advice. Escrow Agent will shall not be called upon to advise any party Stockholder as to the wisdom in selling or retaining or taking or refraining from any action with respect to any securities or other property deposited hereunder.

Appears in 1 contract

Sources: Merger Agreement (Venturi Partners Inc)