Conflicting Claims. In the event of any disagreement between the parties hereto resulting in conflicting claims and demands being made in connection with or against the Deposit, the Escrow Agent shall be entitled, at its option, to refuse to comply with the claims or demands of any party until such disagreement is finally resolved in the manner provided in paragraph 4 hereof, but shall continue to comply with the other terms and conditions of this Agreement, and in so doing the Escrow Agent shall not be or become liable to any party.
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Samples: Asset Purchase Agreement (Rural Cellular Corp), Asset Purchase Agreement (Powertel Inc /De/), Asset Purchase Agreement (Intercel Inc/De)
Conflicting Claims. In the event of any disagreement between the ------------------ parties hereto resulting in conflicting claims and demands being made in connection with or against the Deposit, the Escrow Agent shall be entitled, at its option, to refuse to comply with the claims or demands of any party until such disagreement is finally resolved in the manner provided in paragraph Section 4 hereof, but shall continue to comply with the other terms and conditions of this Escrow Agreement, and in so doing the Escrow Agent shall not be or become liable to any party.
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Samples: Escrow Agreement (Webmd Inc)
Conflicting Claims. In the event of any disagreement between the parties hereto resulting in conflicting claims and demands being made in connection with or against the Deposit, the Escrow Agent shall be entitled, at its option, to refuse to comply with the claims or demands of any party until such disagreement is finally resolved in the manner provided in paragraph 4 hereof, but shall continue to comply with the other terms and conditions of this Agreement, and in so do doing the Escrow Agent shall not be or become liable to any party.
Appears in 1 contract
