Duties of Escrow Agent. (a) Escrow Agent shall not be under any duty to give the Escrow Fund held by it hereunder any greater degree of care than it gives its own similar property and shall not be required to invest any funds held hereunder except as directed in this Agreement. Uninvested funds held hereunder shall not earn or accrue interest.
Appears in 28 contracts
Samples: Asset Purchase Agreement (CNL Healthcare Properties II, Inc.), And Nonsolicitation Agreement, Stock Purchase Agreement (Florida Gaming Corp)
Duties of Escrow Agent. (a) Escrow Agent shall not be under any duty to give the Escrow Fund Shares held by it hereunder any greater degree of care than it gives its own similar property and shall not be required to invest any funds held hereunder except as directed in this Escrow Agreement. Uninvested funds held hereunder shall not earn or accrue interest.
Appears in 4 contracts
Samples: Escrow Agreement (Enterprise Financial Services Corp), Escrow Agreement (Enterprise Financial Services Corp), Escrow Agreement (Craftmade International Inc)
Duties of Escrow Agent. (a) a. Escrow Agent shall not be under any duty to give the Escrow Fund Property held by it hereunder any greater degree of care than it gives its own similar property and shall not be required to invest any funds held hereunder except as directed in this Agreement. Uninvested funds held hereunder shall not earn or accrue interest.
Appears in 2 contracts
Samples: Escrow Agreement (Genesis Solar Corp), Escrow Agreement (Genesis Solar Corp)
Duties of Escrow Agent. (a) Escrow Agent shall not be under any duty to give the Escrow Fund held by it hereunder any greater degree of care than it gives its own similar property and shall not be required to invest any funds held hereunder except as directed in this Escrow Agreement. Uninvested funds held hereunder shall not earn or accrue interest.
Appears in 2 contracts
Samples: Escrow Agreement (Cano Petroleum, Inc), Escrow Agreement (Viewcast Com Inc)
Duties of Escrow Agent. (a) Escrow Agent shall not be under any duty to give the Escrow Fund held by it hereunder pursuant to this Agreement any greater degree of care than it gives its own similar property other escrow accounts and shall not be required to invest any funds held hereunder pursuant to this Agreement except as directed in this Agreement. Uninvested funds held hereunder pursuant to this Agreement shall not earn or accrue interest.
Appears in 1 contract
Samples: Escrow Agreement (Globalstar, Inc.)
Duties of Escrow Agent. (a) Escrow Xxxxxx Agent shall not be xxx xx under any duty to give the [Escrow Fund Fund] [and] [Escrow Stock] held by it hereunder any greater degree of care than it gives its own similar property and shall not be required to invest any funds held hereunder except as directed in this Agreement. Uninvested funds held hereunder shall not earn or accrue interest.
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Duties of Escrow Agent. (a) Degree of Care. Escrow Agent shall not be under any duty to give the Escrow Fund held by it hereunder any greater degree of care than it gives its own similar property and shall not be required to invest any funds held hereunder except as directed in this Agreement. Uninvested Uncollected funds held hereunder shall not earn or accrue interest.
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Duties of Escrow Agent. (a) The Escrow Agent shall give the Escrow Fund held by it hereunder the same degree of care that it gives other similar escrow property. The Escrow Agent shall not be under any duty required to give the Escrow Fund held by it hereunder any greater degree of care than it gives its own other similar escrow property and shall not be required to invest any funds held hereunder except as directed in this Agreement. Uninvested funds held hereunder shall not earn or accrue interest.
Appears in 1 contract
Samples: Agreement and Plan of Merger (National Mentor Holdings, Inc.)
Duties of Escrow Agent. (a) Escrow Agent shall not be under any duty to give the Escrow Fund held by it hereunder any greater degree of care than it gives its own similar property and shall not be required to invest any funds held hereunder except as directed in this Escrow Agreement. Uninvested funds held hereunder shall not earn or accrue interest.
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Duties of Escrow Agent. (a) a. Escrow Agent shall not be under any duty to give the Escrow Fund held by it hereunder any greater degree of care than it gives its own similar property and shall not be required to invest any funds held hereunder except as directed in this Agreement. Uninvested funds held hereunder shall not earn or accrue interest.
Appears in 1 contract
Samples: Stock Purchase Agreement (Cherokee International LLC)
Duties of Escrow Agent. (a) Escrow Agent shall not be under any duty to give the Escrow Fund Funds held by it hereunder any greater degree of care than it gives its own similar property and shall not be required to invest any funds held hereunder except as directed hereunder. Escrow Funds held in this Agreement. Uninvested funds held a deposit account hereunder shall not earn or accrue interest.
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Duties of Escrow Agent. (a) The Escrow Agent shall not be under any duty to give the Escrow Fund held by it hereunder any greater degree of care than it gives its own other similar escrow property and shall not be required to invest any funds held hereunder except as directed in this Agreement. Uninvested funds held hereunder shall not earn or accrue interest.
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Duties of Escrow Agent. (a) Escrow Agent shall not be under any duty to give the Escrow Fund Shares held by it hereunder any greater degree of care than it gives its own similar property and shall not be required to invest any funds held hereunder except as directed in this Agreement. Uninvested funds held hereunder shall not earn or accrue interest.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Seabridge Freight Corp.)
Duties of Escrow Agent. (a) Escrow Agent shall not be under any duty to give the Escrow Fund Escrowed Funds held by it hereunder any greater degree of care than it gives its own similar property and shall not be required to invest any funds held hereunder except as directed in this Agreement. Uninvested funds held hereunder shall not earn or accrue interesthereunder.
Appears in 1 contract
Samples: Assignment and Assumption Agreement (LSB Industries Inc)
Duties of Escrow Agent. (a) Section 6.1. The Escrow Agent shall not be under any duty to give the Escrow Fund held by it hereunder any greater degree of care than it gives its own similar property and shall not be required to invest any funds held hereunder except as directed in this Agreement. Uninvested funds held hereunder shall not earn or accrue interestproperty.
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Duties of Escrow Agent. (a) Escrow Agent shall not be under any duty to give the Escrow Fund held by it hereunder any greater degree of care than it gives its own similar property and shall not be required to invest any funds held hereunder except as directed in this Agreement. Uninvested funds held hereunder shall may not earn or accrue interest.
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Duties of Escrow Agent. (a) Escrow Agent shall not be under any have the duty to give the Escrow Fund held by it hereunder any greater no lesser degree of care than it gives its own similar property and property, but shall not be required to invest any funds held hereunder except as directed in this Agreement. Uninvested funds held hereunder shall not earn or accrue interest.
Appears in 1 contract
Samples: Stock Purchase Agreement (Reliant Building Products Inc)
Duties of Escrow Agent. (a) The Escrow Agent shall not be under any duty to give the Escrow Fund Account held by it hereunder any greater degree of care than it gives its own other similar escrow property and shall not be required to invest any funds held hereunder except as directed in this Agreement. Uninvested Un-invested funds held hereunder shall not earn or accrue interest.
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Duties of Escrow Agent. (a) Escrow Agent shall not be under any duty to give the Escrow Fund held by it hereunder any greater degree of care than it gives its own similar property and shall not be required to invest any funds held hereunder except as directed in this Agreement. Uninvested funds held hereunder shall not earn or accrue interestby herein.
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Duties of Escrow Agent. (a) Escrow Agent shall not be under any duty to give the Escrow Fund Deposit held by it hereunder any greater degree of care than it gives its own similar property and shall not be required to invest any funds held hereunder except as directed in Section 3 of this Agreement. Uninvested Un-invested funds held hereunder shall not earn or accrue interest.
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Duties of Escrow Agent. (a) 6.1 Escrow Agent shall not be under any duty to give the Escrow Fund held by it hereunder any greater degree of care than it gives its own similar property and shall not be required to invest any funds held hereunder the Escrow Fund except as directed in this Agreement. Uninvested funds held hereunder shall not earn or accrue interest.
Appears in 1 contract
Duties of Escrow Agent. (a) Escrow Agent shall not be under any duty to give the Stock Escrow Fund held by it hereunder any greater degree of care than it gives its own similar property and shall not be required to invest any funds held hereunder except as directed in this Agreement. Uninvested funds held hereunder shall not earn or accrue interestfunds.
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Duties of Escrow Agent. (a) Escrow Agent shall not be under any duty to give the Escrow Fund Amounts held by it hereunder any greater degree of care than it gives its own similar property and shall not be required to invest any funds held hereunder except as directed in this Agreement. Uninvested funds held hereunder shall not earn or accrue interest.
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Duties of Escrow Agent. (a) Escrow Agent Agents shall not be under any duty to give the Escrow Fund Property held by it them hereunder any greater degree of care than it gives its they give their own similar property and shall not be required to invest any funds held hereunder except as directed in this Agreement. Uninvested funds held hereunder shall not earn or accrue interest.
Appears in 1 contract
Samples: Escrow Agreement (Imc Mortgage Co)
Duties of Escrow Agent. (a) Escrow Agent shall not be under any duty to give the Escrow Fund Shares held by it hereunder any greater degree of care than it gives its own similar property and shall not be required to invest any funds held hereunder except as directed in this Agreement. Uninvested funds held hereunder Escrow Agent shall not earn have no duties or accrue interestresponsibilities other than as expressly set forth herein.
Appears in 1 contract
Samples: Asset Purchase Agreement (Hearme)
Duties of Escrow Agent. (a) Section 5.1 Escrow Agent shall not be under any duty to give the Escrow Fund held by it hereunder any greater degree of care than it gives its own similar property and shall not be required to invest any funds held hereunder except as directed in this Agreement. Uninvested funds held hereunder shall not earn or accrue interest.
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Duties of Escrow Agent. (a) Escrow Agent shall not be under any duty to give the Escrow Fund Deposit held by it hereunder any greater degree of care than it gives its own similar property and shall not be required to invest any funds held hereunder except as directed in Section 4 of this Agreement. Uninvested funds held hereunder shall not earn or accrue interest.
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Duties of Escrow Agent. (a) Escrow Agent shall not be under any duty to give the Escrow Fund held by it hereunder any greater degree of care than it gives its own similar property and shall not be required to invest any funds held hereunder except as directed in writing pursuant to this Agreement. Uninvested funds held hereunder shall not earn or accrue interest.
Appears in 1 contract
Samples: Escrow Agreement (Loral Space & Communications LTD)