Common use of Conditions to Escrow Clause in Contracts

Conditions to Escrow. The Escrow Agent agrees to hold the Escrow Corpus in the Escrow Account and to perform in accordance with the terms and provisions of this Escrow Agreement. Sellers and Purchaser agree that the Escrow Agent does not assume any responsibility for the failure of Sellers or Purchaser to perform in accordance with the Purchase Agreement or this Escrow Agreement. The acceptance by the Escrow Agent of its responsibilities hereunder is subject to the following terms and conditions, which the parties hereto agree shall govern and control with respect to the Escrow Agent’s rights, duties, liabilities and immunities:

Appears in 2 contracts

Samples: Escrow Agreement (ARC Group Worldwide, Inc.), Escrow Agreement

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Conditions to Escrow. The Escrow Agent agrees to hold the Escrow Corpus in the Escrow Account and to perform in accordance with the terms and provisions of this Escrow Agreement. Sellers and Purchaser Buyer agree that the Escrow Agent does not assume any responsibility for the failure of Sellers or Purchaser Buyer to perform in accordance with the Purchase Agreement or this Escrow Agreement. The acceptance by the Escrow Agent of its responsibilities hereunder is subject to the following terms and conditions, which the parties hereto agree shall govern and control with respect to the Escrow Agent’s 's rights, duties, liabilities and immunities:

Appears in 2 contracts

Samples: Escrow Agreement (ARC Group Worldwide, Inc.), Escrow Agreement

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Conditions to Escrow. The Escrow Agent agrees to hold the Escrow Corpus in the Escrow Account Deposit and to perform in accordance with the terms and provisions of this Escrow Agreement. Sellers The Sellers, the Sellers' Representative and Purchaser the Buyer agree that the Escrow Agent does not assume any responsibility for the failure of Sellers the Sellers, the Sellers' Representative or Purchaser the Buyer to perform in accordance with the Purchase Agreement or this Escrow Agreement. The acceptance by the Escrow Agent of its responsibilities hereunder is subject to the following terms and conditions, which the parties hereto agree shall govern and control with respect to the Escrow Agent’s 's rights, duties, liabilities and immunities:

Appears in 1 contract

Samples: Escrow Agreement (Evans Bob Farms Inc)

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