Common use of Exculpation and Indemnification of the Escrow Agent Clause in Contracts

Exculpation and Indemnification of the Escrow Agent. 6.1. The Escrow Agent shall have no duties or responsibilities other than those expressly set forth herein. The Escrow Agent shall have no duty to enforce any obligation of any person to make any payment or delivery, or to direct or cause any payment or delivery to be made, or to enforce any obligation of any person to perform any other act. The Escrow Agent shall be under no liability to the other parties hereto or to anyone else by reason of any failure on the part of any party hereto or any maker, guarantor, endorser or other signatory of any document or any other person to perform such person's obligations under any such document. Except for amendments to this Agreement referred to below and except for instructions given to the Escrow Agent by the other parties hereto relating to the escrow deposits under this Agreement, the Escrow Agent shall not be obligated to recognize any Agreement between any or all of the persons referred to herein, notwithstanding that references thereto may be made herein and whether or not it has knowledge thereof.

Exculpation and Indemnification of the Escrow Agent. 6.1. 6.1 The Escrow Agent shall have no duties or responsibilities other than those expressly set forth herein. The Escrow Agent shall have no duty to enforce any obligation of any person to make any payment or delivery, or to direct or cause any payment or delivery to be made, or to enforce any obligation of any person to perform any other act. The Escrow Agent shall be under no liability to the other parties hereto or to anyone else by reason of any failure on the part of any party hereto or any maker, guarantor, endorser or other signatory of any document or any other person to perform such person's obligations under any such document. Except for amendments to this Agreement agreement referred to below and except for instructions given to the Escrow Agent by the other parties hereto relating to the escrow deposits under this Agreementagreement, the Escrow Agent shall not be obligated to recognize any Agreement agreement between any or all of the persons referred to herein, notwithstanding that references thereto may be made herein and whether or not it has knowledge thereof.