Common use of Escrow Agent Not Responsible For Investment Advice Clause in Contracts

Escrow Agent Not Responsible For Investment Advice. The Escrow Agent assumes no responsibility for advising the Parties, or their Representative, with respect to the investment and reinvestment of the Escrow Fund. The Escrow Agent shall as promptly as possible comply with any direction given by the Parties or their Representative; provided, however, that the Escrow Agent shall have no duty to take any action which, in the Escrow Agent's opinion, would expose the Escrow Agent to liability unless and until the Parties indemnifies the Escrow Agent to its satisfaction. The Escrow Agent shall neither be liable in any manner nor for any reason for any losses or other unfavorable investment results arising from its compliance with such direction, nor be liable for failing to invest any assets of the Escrow Fund in the absence of written investment directions regarding such assets.

Escrow Agent Not Responsible For Investment Advice. The Escrow Agent assumes no responsibility for advising the Parties, or their Representative, Parties with respect to the investment and reinvestment of the Escrow FundFunds. The Escrow Agent shall as promptly as possible comply with any direction given by the Parties or their RepresentativeSeller as to the investment of the Escrow Funds; provided, however, that the Escrow Agent shall have no duty to take any action which, in the Escrow Agent's opinion, would expose the Escrow Agent to liability unless and until the Parties Seller indemnifies the Escrow Agent to its reasonable satisfaction. The Escrow Agent shall neither be liable in any manner nor for any reason for any losses or other unfavorable investment results arising from its compliance with such direction, nor be liable for failing to invest any assets of the Escrow Fund in the absence of written investment directions regarding such assets.

Escrow Agent Not Responsible For Investment Advice. The Escrow Agent assumes no responsibility for advising the Parties, or their Representative, Parties with respect to the investment and reinvestment of the Escrow FundFunds. The Escrow Agent shall as promptly as possible comply with any direction given by the Parties or their RepresentativeParties; provided, however, that the Escrow Agent shall have no duty to take any action which, in the Escrow Agent's opinion, would expose the Escrow Agent to liability unless and until the Parties indemnifies indemnify the Escrow Agent to its satisfaction. The Escrow Agent shall neither be liable in any manner nor for any reason for any losses or other unfavorable investment results arising from its compliance with such direction, nor be liable for failing to invest any assets of in the Escrow Fund Account in the absence of written investment directions regarding such assets.

Escrow Agent Not Responsible For Investment Advice. The Escrow Agent assumes no responsibility for advising the PartiesNutmeg, amdiv or their Representativerespective representatives, with respect to the investment and reinvestment of the Escrow Fund. The Escrow Agent shall as promptly as possible comply with any direction given by the Parties or their Representativeamdiv; provided, however, that the Escrow Agent shall have no not duty to take any action which, in the Escrow Agent's opinion, would expose the Escrow Agent to liability unless and until the Parties amdiv indemnifies the Escrow Agent to its satisfaction. The Escrow Agent shall neither be liable in any manner nor for any reason for any losses or other unfavorable investment results result arising from its compliance with such direction, nor be liable for failing to invest any assets of the Escrow Fund in the absence of written investment directions regarding such assets.