Common use of No Advice Clause in Contracts

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

Appears in 2 contracts

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

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

Appears in 1 contract

Sources: Escrow Agreement (Biovail Corporation International)

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

Appears in 1 contract

Sources: Merger Agreement (Venturi Partners Inc)