Attorneys and Agents. The Escrow Agent shall be entitled to rely on and shall not be liable for any action taken or omitted to be taken by the Escrow Agent in accordance with the advice of counsel or other professionals retained or consulted by the Escrow Agent. The Escrow Agent shall be reimbursed as set forth herein for any and all reasonable properly documented expenses (fees and “out-of pocket” expenses) paid and/or reimbursed to such counsel and/or professionals. The Escrow Agent may perform any and all of its duties through its agents, representatives, attorneys, custodians, and/or nominees, provided that the Escrow Agent shall remain fully responsible for its obligations hereunder.
Appears in 4 contracts
Samples: Voting and Undertaking Agreement (Ormat Technologies, Inc.), Voting and Undertaking Agreement (Ormat Technologies, Inc.), Escrow Agreement (Fimi Iv 2007 Ltd.)
Attorneys and Agents. The Escrow Agent shall be entitled to rely on and shall not be liable for any action taken or omitted to be taken by the Escrow Agent in accordance with the advice of counsel or other professionals retained or consulted by the Escrow Agent. The Escrow Agent shall be reimbursed as set forth herein in Section 3.1 for any and all reasonable properly documented compensation (including, reasonable fees, expenses (fees and “out-of pocket” expensesother costs) paid and/or reimbursed to such counsel and/or professionals. The Escrow Agent may perform any and all of its duties through its agents, representatives, attorneys, custodians, and/or nominees, ; provided that the Escrow Agent shall remain fully responsible liable for its obligations hereunderthe performance of such duties by such persons.
Appears in 1 contract
Samples: Merger Agreement (Nuvasive Inc)