Common use of Duty of Escrow Agent Clause in Contracts

Duty of Escrow Agent. 10. The Escrow Agent's sole responsibility will be to act in accordance with the terms expressly set forth in this Agreement. In performing its duties under this Agreement, the Escrow Agent will not be liable to anyone for any damage, loss, expense or liability other than for that which arises from the Escrow Agent's failure to abide by the terms of this Agreement.

Appears in 3 contracts

Samples: Model Promotional Shares Escrow Agreement, Promotional Shares Escrow Agreement (Wren, Inc.), Promotional Shares Escrow Agreement (Billy Dead Inc)

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Duty of Escrow Agent. 10. The Escrow Agent's ’s sole responsibility will be to act in accordance with the terms expressly set forth in this Agreement. In performing its duties under this Agreement, the Escrow Agent will not be liable to anyone for any damage, loss, expense or liability other than for that which arises from the Escrow Agent's ’s failure to abide by the terms of this Agreement.

Appears in 2 contracts

Samples: Promotional Shares Escrow Agreement (First Trinity Financial CORP), Promotional Shares Escrow Agreement (First Trinity Financial CORP)

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Duty of Escrow Agent. 10. The Escrow Agent's sole responsibility will be to act in accordance with the terms expressly set forth in this Agreement. In performing its duties under this Agreement, the Escrow Agent will not be liable to anyone for any damage, loss, expense or liability other than for that which arises from the Escrow Agent's intentional failure to abide by the terms of this Agreement.

Appears in 1 contract

Samples: Promotional Shares Escrow Agreement (Billy Dead Inc)

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