Common use of Limitation of Escrow Agent’s Capacity Clause in Contracts

Limitation of Escrow Agent’s Capacity. A. This Escrow Agreement expressly and exclusively sets forth the duties of Escrow Agent with respect to any and all matters pertinent hereto, and no implied duties or obligations shall be read into this Escrow Agreement against Escrow Agent. This Escrow Agreement constitutes the entire agreement between the Escrow Agent and the other parties hereto in connection with the subject matter of this escrow, and no other agreement entered into between the parties, or any of them, shall be considered as adopted or binding, in whole or in part, upon the Escrow Agent notwithstanding that any such other agreement may be deposited with Escrow Agent or the Escrow Agent may have knowledge thereof.

Appears in 3 contracts

Samples: Escrow Agreement (Flex Acquisition Corp), Escrow Agreement (Seven Seas Petroleum Inc), Escrow Agreement (Seven Seas Petroleum Inc)

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Limitation of Escrow Agent’s Capacity. A. This Escrow Agreement expressly and exclusively sets forth the duties of Escrow Agent with respect to any and all matters pertinent hereto, and no implied duties or obligations shall be read into this Escrow Agreement against Escrow Agent. This Escrow Agreement constitutes the entire agreement between among the Escrow Agent and the other parties hereto in connection with the subject matter of this escrow, and no other agreement entered into between among the parties, or any of them, shall be considered as adopted or binding, in whole or in part, part upon the Escrow Agent notwithstanding that any such other agreement may be deposited with the Escrow Agent or the Escrow Agent may have knowledge thereof.

Appears in 1 contract

Samples: Acquisition Agreement (Gainsco Inc)

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