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 similar property.
Appears in 4 contracts
Samples: Escrow Agreement (Abraxis BioScience, Inc.), Escrow Agreement (Smith Investment Co), Escrow Agreement (American Pharmaceutical Partners Inc /De/)
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 similar propertyproperty and shall not be required to invest any funds held hereunder except as directed in this Agreement.
Appears in 3 contracts
Samples: Escrow Agreement (Hybrook Resources Corp.), Escrow Agreement (Hybrook Resources Corp.), Stock Purchase Agreement (Material Technologies Inc)
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 similar property.
Appears in 3 contracts
Samples: Asset Purchase Agreement (Texas Roadhouse, Inc.), Agreement and Plan of Merger (Sand Hill It Security Acquisition Corp), Form of Escrow Agreement (Nutriceuticals Com Corp)
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 similar propertyproperty and shall not be required to invest any funds held hereunder.
Appears in 2 contracts
Samples: Escrow Agreement (Quadramed Corp), Escrow Agreement (Quadramed Corp)
Duties of Escrow Agent. (a) The 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 propertyproperty and shall not be required to invest any funds held hereunder except as directed in this Agreement.
Appears in 2 contracts
Samples: Escrow Agreement (Primal Solutions Inc), Escrow Agreement (Action Products International Inc)
Duties of Escrow Agent. (ai) The 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 propertyproperty and shall not be required to invest any funds held hereunder.
Appears in 2 contracts
Samples: Registration Rights Agreement (Quadramed Corp), Escrow Agreement (Resource Health Partners Lp)
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 propertyescrow property and shall not be required to invest any funds held hereunder except as directed in this Agreement.
Appears in 1 contract
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 similar propertyproperty and shall not be required to invest any funds held hereunder except as directed in this Agreement.
Appears in 1 contract
Samples: Acquisition Agreement and Plan of Merger (Quadramed Corp)
Duties of Escrow Agent. (a) The 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 propertyproperty and shall not be required to invest any shares held hereunder except as directed in this Agreement.
Appears in 1 contract
Samples: Escrow Agreement (Deer Valley Corp)
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 similar property.property and shall not be required to invest any funds held hereunder except as
Appears in 1 contract
Samples: Purchase Agreement (Loral Space & Communications LTD)
Duties of Escrow Agent. (a) The 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.
Appears in 1 contract
Samples: Stock Purchase Agreement (Thaon Communications Inc)
Duties of Escrow Agent. (a) The Escrow Agent shall not be under any duty to give the Escrow Fund Cash held by it hereunder any greater degree of care than it gives its own similar property.
Appears in 1 contract
Samples: Stock Purchase Agreement (Concord Communications Inc)
Duties of Escrow Agent. (a) The 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.
Appears in 1 contract
Samples: Escrow Agreement (Winter Harbor LLC)
Duties of Escrow Agent. (a) The 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 propertyproperty and shall not be required to invest any funds held hereunder except as directed in this Escrow Agreement.
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Duties of Escrow Agent. (a) The Escrow Agent shall not be under any duty to give the Escrow Fund Stock held by it hereunder any greater degree of care than it gives its own similar property.
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Duties of Escrow Agent. (a) The Escrow Agent shall not be under any duty to give the Escrow Fund Escrowed Cash held by it hereunder any greater degree of care than it gives its own similar propertyproperty and shall not be required to invest any cash held hereunder except as directed in this Agreement.
Appears in 1 contract
Samples: Escrow Agreement (Deer Valley Corp)
Duties of Escrow Agent. (a) The Escrow Agent shall not be under any have no duties or responsibilities hereunder except those expressly set forth herein. The Escrow Agent shall 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, but 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 1 contract
Samples: Preferred Unit Purchase Agreement (Elandia International Inc.)
Duties of Escrow Agent. (a) The Escrow Agent shall will 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; however, Escrow Agent will be required to invest any funds held hereunder in accordance with the terms hereof.
Appears in 1 contract
Samples: Escrow Agreement (Rock-Tenn CO)
Duties of Escrow Agent. (a) The 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 propertyproperty 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
