Action Against Escrow Agent Sample Clauses

Action Against Escrow Agent. The parties agree that any action in relation to an alleged breach of this Agreement by Escrow Agent shall be commenced within two years of the date of the breach, without regard to the date the breach is discovered. Any action not brought against Escrow Agent within that two year time period shall be barred, without regard to any other limitations period set forth by law or statute, and the Buyer and Seller hereby waive any statute of limitations to the contrary.
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Action Against Escrow Agent. The parties to this Agreement hereby agree that no action, suit or proceeding shall be commenced against the Escrow Agent unless (a) the Escrow Agent shall first have been given thirty (30) days written notice of the claim and (b) the same is brought in a court of competent jurisdiction located in the County of New York, State of New York. With respect to any action, suit or proceeding in respect of this Agreement, the parties hereto waive trial by jury.

Related to Action Against Escrow Agent

  • Escrow Agent Prior to entering into an escrow agreement, the Registry Operator must provide notice to ICANN as to the identity of the Escrow Agent, and provide ICANN with contact information and a copy of the relevant escrow agreement, and all amendments thereto. In addition, prior to entering into an escrow agreement, Registry Operator must obtain the consent of ICANN to (a) use the specified Escrow Agent, and (b) enter into the form of escrow agreement provided. ICANN must be expressly designated as a third-­‐party beneficiary of the escrow agreement. ICANN reserves the right to withhold its consent to any Escrow Agent, escrow agreement, or any amendment thereto, all in its sole discretion.

  • Escrow Account 31.1.1 The Concessionaire shall, prior to the Appointed Date, open and establish an Escrow Account with a Bank (the “Escrow Bank”) in accordance with this Agreement read with the Escrow Agreement.

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