Common use of Disputes Clause in Contracts

Disputes. If any disagreement or dispute shall arise between or among any of the parties hereto and/or any other persons resulting in adverse claims and demands being made for a Escrow Funds or any portion thereof, Escrow Agent shall immediately return the Escrow Funds to OPWC, whereupon Escrow Agent shall have no further obligations under this Agreement and Recipient and OPWC shall hold harmless Escrow Agent from any and all claims relating to this Agreement other than those arising from Escrow Agent’s fraud, bad faith, negligence or intentional misconduct.

Appears in 220 contracts

Samples: Escrow Agreement, Escrow Agreement, Escrow Agreement

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