Common use of Duty of the Escrow Agent Clause in Contracts

Duty of the Escrow Agent. The sole duty of the Escrow Agent, other than as hereinafter specified, shall be to receive said funds and hold them subject to release, in accordance with these instructions, and the Escrow Agent shall be under no duty to make certain that the Company is complying with requirements of any securities laws in tendering to the Escrow Agent said proceeds of the sale of said Stock.

Duty of the Escrow Agent. The sole duty of the Escrow Agent, other than as hereinafter specified, Agent shall be to receive said funds the Proceeds and hold them subject to release, and disburse them in accordance with these instructions, and the terms hereof. The Escrow Agent shall be under no duty to make certain that the Company is Issuer and Broker are complying with the requirements of any securities laws in tendering to the Escrow Agent said proceeds of the sale of said Stockthis Agreement.

Duty of the Escrow Agent. The sole duty of the Escrow Agentescrow agent, other than as hereinafter specifiedspecified herein, shall be to receive said funds and hold them subject to release, release in accordance with these the written instructions, and the Escrow Agent . The escrow agent shall be under no duty to make certain that the Company company is complying with requirements of any securities laws the director of the Department of Consumer & Business Services in tendering to the Escrow Agent escrow agent said proceeds of the sale of said Stocksecurities.