Common use of Liability of Escrow Agent Clause in Contracts

Liability of Escrow Agent. (a) The Escrow Agent shall not be liable for any loss resulting from any investment, sale, transfer or other disposition made pursuant to this Agreement in compliance with the provisions hereof. The Escrow Agent shall have no lien whatsoever on any of the money or Escrowed Securities on deposit in the Escrow Fund for the payment of fees and expenses for services rendered by the Escrow Agent under this Agreement or otherwise.

Appears in 4 contracts

Samples: Escrow Trust Agreement, Escrow Trust Agreement, Escrow Trust Agreement

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Liability of Escrow Agent. (a) The Escrow Agent Agent, in its capacity as escrow agent under this Agreement, shall not be liable have any liability for any loss resulting from sustained as a result of any investment, sale, transfer or other disposition investment made pursuant to this Agreement in compliance with the provisions hereof. The Escrow Agent shall have no lien whatsoever on any of the money or Escrowed Securities on deposit in the Escrow Fund for the payment of fees and expenses for services rendered by the Escrow Agent under in accordance with this Agreement Agreement, in accordance with applicable laws, rules and regulations, pursuant to the direction of the General Partner or otherwiseas a result of any liquidation of any investment prior to its maturity. Any such investment of Escrow Account shall be made in compliance with Rule 15c2-4 of the Exchange Act.

Appears in 3 contracts

Samples: Escrow Agreement (SQN Aif Iv, L.P.), Escrow Agreement (SQN Alternative Investment Fund III, L.P.), Form of Escrow Agreement (SQN Alternative Investment Fund III, L.P.)

Liability of Escrow Agent. (a) The Escrow Agent shall not be liable for any loss resulting from any investment, sale, transfer or other disposition made pursuant to this Agreement in compliance with the provisions hereof. The Escrow Agent shall have no lien whatsoever on on, or right of set-off with respect to, any of the money moneys or Escrowed Securities on deposit in the Escrow Fund for the payment of fees and expenses for services rendered by the Escrow Agent under this Agreement or otherwise.

Appears in 2 contracts

Samples: Escrow Trust Agreement, Escrow Trust Agreement

Liability of Escrow Agent. (a) The Escrow Agent shall not be liable for any loss resulting from any investment, sale, transfer or other disposition made pursuant to this Escrow Agreement in compliance with the provisions hereof. The Escrow Agent shall have no lien whatsoever on any of the money or Escrowed Securities on deposit in the Escrow Fund for the payment of fees and expenses for services rendered by the Escrow Agent under this Escrow Agreement or otherwise.

Appears in 2 contracts

Samples: Escrow Trust Agreement, Escrow Trust Agreement

Liability of Escrow Agent. (a) The Escrow Agent shall will not be liable for any loss resulting from any investment, sale, transfer or other disposition made pursuant to this Agreement in compliance with the provisions hereofof this Agreement. The Escrow Agent shall will have no lien whatsoever on any of the money or Escrowed Securities on deposit in the Escrow Fund for the payment of fees and expenses for services rendered by the Escrow Agent under this Agreement or otherwise.

Appears in 2 contracts

Samples: Escrow Trust Agreement, Escrow Trust Agreement

Liability of Escrow Agent. (a) The Escrow Agent shall not under any circumstances be liable for any loss resulting from any investment, sale, transfer or other disposition investment made pursuant to this Escrow Agreement in compliance with the provisions hereof. The Escrow Agent shall have no lien whatsoever on any of the money Escrow Fund or Escrowed Securities moneys on deposit in the Escrow Fund for the payment of fees and expenses for services rendered by the Escrow Agent under this Agreement or otherwiseFund.

Appears in 1 contract

Samples: Escrow Agreement

Liability of Escrow Agent. (a) The Escrow Agent shall not be liable for any loss resulting from any investment, sale, transfer or other disposition made pursuant to this Escrow Agreement in compliance with the provisions hereof. The Escrow Agent shall have no lien lien, claim or set off right whatsoever on or against any of the money or Escrowed Securities on deposit in the Escrow Fund for the payment of fees and expenses for services rendered by the Escrow Agent under this Agreement Escrow Agreement, any amounts due and owing to the Escrow Agent by the District, or otherwise.

Appears in 1 contract

Samples: Escrow Trust Agreement And

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Liability of Escrow Agent. (a) The Escrow Agent shall not under any circumstance be liable for any loss resulting from any investment, sale, transfer or other disposition investment made pursuant to this Escrow Agreement in compliance with the provisions hereof. The Escrow Agent shall have no lien whatsoever on any of the money Escrow Account or Escrowed Securities moneys on deposit in the Escrow Fund Account for the payment of fees and expenses for services rendered by the Escrow Agent under this Escrow Agreement or otherwise.

Appears in 1 contract

Samples: Escrow Agreement

Liability of Escrow Agent. (a) The A. In performing any of its duties hereunder, Escrow Agent shall not be liable incur any liability to anyone for any loss resulting from damages, losses or expenses, except for any investmentnegligence, sale, transfer willful misconduct or other disposition made pursuant to this Agreement in compliance with the provisions hereof. The Escrow Agent shall have no lien whatsoever on any breach of the money or Escrowed Securities on deposit in the Escrow Fund for the payment of fees and expenses for services rendered trust by the Escrow Agent under this Agreement or otherwise.Agreement, and, accordingly, Escrow Agent shall not incur any such liability with respect to the following:

Appears in 1 contract

Samples: Escrow Agreement (Lahaina Acquisitions Inc)

Liability of Escrow Agent. (a) The Escrow Agent shall not under any circumstances be liable for any loss resulting from any investment, sale, transfer or other disposition investment made pursuant to this Escrow Agreement in compliance with the provisions hereof. The Escrow Agent shall have no lien whatsoever on any of the money [ ] Escrow Fund or Escrowed Securities on deposit in the Escrow Fund for the payment of fees and expenses for services rendered by the Escrow Agent under this Agreement or otherwiseDeposit.

Appears in 1 contract

Samples: Escrow Agreement

Liability of Escrow Agent. (a) The Escrow Agent shall not be liable have no liability for any loss resulting from sustained as a result of any investment, sale, transfer investment in an investment indicated on Schedule 1 or other disposition any investment made pursuant to this Agreement in compliance with the provisions hereof. The Escrow Agent shall have no lien whatsoever on any instructions of the money Parties or Escrowed Securities on deposit in the Escrow Fund as a result of any liquidation of any investment prior to its maturity or for the payment failure of fees and expenses for services rendered by the parties to give the Escrow Agent under this Agreement instructions to invest or otherwisereinvest cash Escrow Property.

Appears in 1 contract

Samples: Escrow Agreement (Talecris Biotherapeutics Holdings Corp.)

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