Compliance with Orders. The Escrow Agent is hereby expressly authorized to comply with and obey orders of any court of law or Governmental or Regulatory Authority, notwithstanding any notices, warnings or other communications from any party or any other person to the contrary. In case the Escrow Agent obeys or complies with any such order, the Escrow Agent shall not be liable to any of the parties hereto or to any other person by reason of such compliance, notwithstanding any such order being subsequently reversed, modified, annulled, set aside, vacated or found to have been entered without jurisdiction or proper authority.
Appears in 2 contracts
Samples: Asset Purchase Agreement (Neomagic Corp), Asset Purchase Agreement (Neomagic Corp)
Compliance with Orders. The Indemnification Escrow Agent is hereby expressly authorized to comply with and obey orders Orders of any court of law or Governmental or Regulatory Authority, notwithstanding any noticesnotice, warnings warning or other communications communication from any party or any other person Person to the contrary. In case the Indemnification Escrow Agent obeys or complies with any such orderOrder, the Indemnification Escrow Agent shall not be liable to any of the parties hereto or to any other person Person by reason of such compliance, notwithstanding any such order Order being subsequently reversed, modified, annulled, set aside, vacated or found to have been entered without jurisdiction or proper authority.
Appears in 2 contracts
Samples: Merger Agreement (Ansys Inc), Merger Agreement (Aavid Thermal Technologies Inc)
Compliance with Orders. The Escrow Agent is hereby expressly authorized to comply with and obey orders Orders of any court of law or Governmental or Regulatory Authority, notwithstanding any notices, warnings or other communications from any party or any other person to the contrary. In case the Escrow Agent obeys or complies with any such orderOrder, the Escrow Agent shall not be liable to any of the parties hereto or to any other person by reason of such compliance, notwithstanding any such order Order being subsequently reversed, modified, annulled, set aside, vacated or found to have been entered without jurisdiction or proper authority.
Appears in 1 contract
Samples: Merger Agreement (New Focus Inc)
Compliance with Orders. The Escrow Agent is hereby expressly authorized to comply with and obey orders Orders of any court of law or Governmental or Regulatory Authority, notwithstanding any notices, warnings or other communications from any party or any other person Person to the contrary. In case the Escrow Agent obeys or complies with any such orderOrder, the Escrow Agent shall not be liable to any of the parties hereto or to any other person Person by reason of such compliance, notwithstanding any such order Order being subsequently reversed, modified, annulled, set aside, vacated or found to have been entered without jurisdiction or proper authority.
Appears in 1 contract
Samples: Merger Agreement (Sonicblue Inc)
Compliance with Orders. The Escrow Agent is hereby ---------------------- expressly authorized to comply with and obey orders Orders of any court of law or Governmental or Regulatory AuthorityEntity, notwithstanding any notices, warnings or other communications from any party or any other person to the contrary. In case the Escrow Agent obeys or complies with any such orderOrder, the Escrow Agent shall not be liable to any of the parties hereto or to any other person by reason of such compliance, notwithstanding any such order Order being subsequently reversed, modified, annulled, set aside, vacated or found to have been entered without jurisdiction or proper authority.
Appears in 1 contract