Attorneys and Agents. The Escrow Agent shall have the right, but not the obligation, to consult with counsel or other such professionals of choice and shall not be liable for action taken or omitted to be taken by Escrow Agent in accordance with the advice of such counsel or other such professionals. The Escrow Agent may in all cases pay reasonable compensation to such counsel and shall be entitled to reimbursement as set forth in Section 6 for all such compensation paid. The Escrow Agent may perform its duties through its agents, attorneys, custodians or nominees.
Appears in 2 contracts
Samples: Purchase and Sale Agreement (Petroleum Development Corp), Purchase and Sale Agreement (Petroleum Development Corp)
Attorneys and Agents. The Escrow Agent shall have the right, but not the obligation, to consult with counsel or other such professionals of choice and shall not be liable for action taken or omitted to be taken by Escrow Agent in accordance with the advice of such counsel or other such professionals. The Escrow Agent may in all cases pay reasonable such compensation to such counsel and shall be entitled to reimbursement as set forth in Section 6 3.01 for all such compensation paid. The Escrow Agent may perform its duties through its agents, attorneys, custodians or nominees.
Appears in 2 contracts
Samples: Membership Interest Purchase Agreement (Virtual Radiologic CORP), Escrow Agreement (Global Enterprises (Nevada), Inc.)
