Common use of Escrow Obligations of Escrow Agent Clause in Contracts

Escrow Obligations of Escrow Agent. Seller and Buyer acknowledge that Escrow Agent undertakes hereunder to perform only such duties as are expressly set forth herein and no implied duties or obligations will be inferred against Escrow Agent. The Purchase Price (including the Deposit), the Asset Sales Proceeds and the other Escrowed Items will be held and disbursed by Escrow Agent as follows:

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Echelon International Corp), Purchase and Sale Agreement (Echelon International Corp)

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Escrow Obligations of Escrow Agent. Seller and Buyer acknowledge that Escrow Agent undertakes hereunder to perform only such duties as are expressly set forth herein and no implied duties or obligations will be inferred against Escrow Agent. The Purchase Price (Price, including the Deposit)Deposits, the Asset Sales Proceeds and the other Escrowed Items will be held and disbursed by Escrow Agent as follows:

Appears in 2 contracts

Samples: Purchase and Sale Agreement (HCW Biologics Inc.), Assignment and Assumption of Permits and Contracts (Arvida JMB Partners L P)

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Escrow Obligations of Escrow Agent. Seller and Buyer acknowledge ---------------------------------- that Escrow Agent undertakes hereunder to perform only such duties as are expressly set forth herein and no implied duties or obligations will be inferred against Escrow Agent. The Purchase Price (including the Deposit), the Asset Sales Proceeds and the other Escrowed Items will be held and disbursed by Escrow Agent as follows:

Appears in 1 contract

Samples: Purchase and Sale Agreement (Ein Acquisition Corp)

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