Disbursement of the Escrow Account. The Company is aware and understands that all proceeds deposited in the Escrow Account shall not become the property of the Company or any other entity, or be subject to the debts of the Company or any other entity. Except as expressly provided herein with respect to payments by the Escrow Agent to the Company, the Escrow Agent shall make or permit no disbursements from the Escrow Account.
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Samples: Escrow Agreement (Smartbuilding Com Inc), Escrow Agreement (Myairmiles Com Inc), Escrow Agreement (Smartbuildings Com Inc)
Disbursement of the Escrow Account. The Company is aware and understands that all proceeds deposited in the Escrow Account shall not become the property of the Company or any other entity, or be subject to the debts of the Company or any other entity. Except as expressly provided herein with respect to payments by the Escrow Agent to the Company, the Escrow Agent shall make or permit no disbursements from the Escrow Account. Interest or dividends earned on the funds, if any, shall be held in the escrow or trust account until the funds are released.
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