Discretion of Escrow Agent. The Escrow Agent, in its actions pursuant to this Agreement, shall be fully protected in every reasonable exercise of its discretion and shall have no obligations hereunder either to the Company or to any other party, except as expressly set forth herein and as stated in Rule 419 of the Securities Act of 1933. It is understood and agreed that the duties of the Escrow Agent are entirely ministerial, being limited to receiving and holding and disbursing such Funds in accordance with this Agreement.
Appears in 66 contracts
Samples: Escrow Agreement (Cheval Resources Corp), Escrow Agreement (Mobad Service Corp), Escrow Agreement (Petrus Resources Corp)
Discretion of Escrow Agent. The Escrow Agent, in its actions pursuant to this Agreement, shall be fully protected in every reasonable exercise of its discretion and shall have no obligations hereunder either to the Company or to any other party, except as expressly set forth herein and as stated in Rule 419 of the Securities Act of 1933herein. It is understood and agreed that the duties of the Escrow Agent are entirely ministerial, being limited to receiving and holding and disbursing such Funds in accordance with this Agreement.
Appears in 12 contracts
Samples: Escrow Agreement (Spirit International, Inc.), Escrow Agreement (Fortune Vacation Travel Ltd.), Escrow Agreement (Vb Clothing, Inc.)
Discretion of Escrow Agent. The Escrow Agent, in its actions pursuant to this Agreement, shall be fully protected in every reasonable exercise of its discretion and shall have no obligations hereunder either to the Company or to any other party, except as expressly set forth herein and as stated in Rule 419 of the Securities Act of 1933herein. It is understood and agreed that the duties of the Escrow Agent are entirely ministerial, being limited to receiving monies and securities from the Company and holding and disbursing such Funds monies and shares in accordance with this Agreement, 8.
Appears in 9 contracts
Samples: Fund Escrow Agreement (Eagle Golf Corp), Fund Escrow Agreement (Nevada Acquisition Ventures I Inc), Fund Escrow Agreement (Nevada Acquisition Ventures Ii Inc)
Discretion of Escrow Agent. The Escrow Agent, in its actions pursuant to this Agreement, shall be fully protected in every reasonable exercise of its discretion and shall have no obligations hereunder either to the Company or to any other party, except as expressly set forth herein and as stated in Rule 419 of the Securities Act of 1933herein. It is understood and agreed that the duties of the Escrow Agent are entirely ministerial, being limited to receiving monies and securities from the Company and holding and disbursing such Funds monies and shares in accordance with this Agreement.,
Appears in 7 contracts
Samples: Fund Escrow Agreement (Pinoak Inc /Nv/), Fund Escrow Agreement (Sosa Inc), Fund Escrow Agreement (Fore Inc)
Discretion of Escrow Agent. The Escrow Agent, in its actions pursuant to this Agreement, shall be fully protected in every reasonable exercise of its discretion and shall have no obligations hereunder either to the Company or to any other party, except as expressly set forth herein and as stated in Rule 419 of the Securities Act of 1933herein. It is understood and agreed that the duties of the Escrow Agent are entirely ministerial, being limited to receiving monies from the Company and holding and disbursing such Funds monies in accordance with this Agreement.
Appears in 4 contracts
Samples: Fund Escrow Agreement (Blimah Com), Fund Escrow Agreement (Freelance Com Inc), Escrow Agreement (Dp & D Inc)
Discretion of Escrow Agent. The Escrow Agent, in its actions pursuant to this Agreement, shall be fully protected in every reasonable exercise of its discretion and shall have no obligations hereunder either to the Company or to any other party, except as expressly set forth herein and as stated in Rule 419 of the Securities Act of 1933. It 1000.Xx is understood and agreed that the duties of the Escrow Agent are entirely ministerial, being limited to receiving and holding and disbursing such Funds in accordance with this Agreement.
Appears in 3 contracts
Samples: Escrow Agreement (Dignyte, Inc.), Escrow Agreement (Dignyte, Inc.), Escrow Agreement (Dignyte, Inc.)
Discretion of Escrow Agent. The Escrow Agent, in its actions pursuant to this Agreement, shall be fully protected in every reasonable exercise of its discretion and shall have no obligations hereunder either to the Company AHMY, UPV, Hxxxxx Xxxxx, Exxxxxx Xxxxxxxx or to any other party, except as expressly set forth herein and as stated in Rule 419 of the Securities Act of 1933herein. It is understood and agreed that the duties of the Escrow Agent are entirely ministerial, being limited to receiving the Escrow Stock from the Owner and holding and disbursing such Funds Escrow Stock in accordance with this the terms of the Agreement.
Appears in 2 contracts
Samples: Escrow Agreement (Alchemy Enterprises, Ltd.), Escrow Agreement (Alchemy Enterprises, Ltd.)
Discretion of Escrow Agent. The Escrow Agent, in its actions pursuant to this Agreement, shall be fully protected in every reasonable exercise of its discretion and shall have no obligations hereunder either to the Company or to any other party, except as expressly set forth herein and as stated in Rule 419 of the Securities Act of 1933. It is understood and agreed that the duties of the Escrow Agent are entirely ministerial, being limited to receiving and holding and disbursing such Funds in accordance with this Agreement.. \
Appears in 1 contract
Discretion of Escrow Agent. The Escrow Agent, in its actions pursuant to this Agreement, shall be fully protected in every reasonable exercise of its discretion and shall have no obligations hereunder either to the Company or to any other party, except as expressly set forth herein and as stated in Rule 419 of the Securities Act of 1933froth herein. It is understood and agreed that the duties of the Escrow Agent are entirely ministerial, being limited to receiving monies from the Company and holding and disbursing such Funds monies in accordance with this Agreement.
Appears in 1 contract
