Common use of No Duty to Calculate or Confirm Clause in Contracts

No Duty to Calculate or Confirm. In any case hereunder in which the Escrow Agent is to receive instructions to disburse Escrow Property, the Escrow Agent shall be entitled to entirely rely on such instructions with no responsibility to calculate or confirm amounts or percentages to release.

Appears in 1 contract

Samples: Merger Agreement (Ak Steel Holding Corp)

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No Duty to Calculate or Confirm. In any case hereunder in which the Escrow Agent is to receive written instructions executed by the relevant Parties to disburse release any Escrow PropertyAmount, the Escrow Agent shall be entitled to entirely rely on such written instructions with no responsibility to calculate or confirm amounts or percentages to release.

Appears in 1 contract

Samples: Master Share Purchase Agreement (Endurance International Group Holdings, Inc.)

No Duty to Calculate or Confirm. In any case hereunder in which the Escrow Agent is to receive instructions to disburse Escrow Propertyrelease, the Escrow Agent shall be entitled to entirely rely on such instructions with no responsibility to calculate or confirm amounts or percentages to release.

Appears in 1 contract

Samples: Merger Agreement (Cornerstone Therapeutics Inc)

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No Duty to Calculate or Confirm. In any case hereunder in which the Escrow Agent is to receive instructions to disburse Escrow Propertyrelease, the Escrow Agent shall be entitled to entirely rely on such instructions with no responsibility to calculate or confirm amounts or percentages to release.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Alexion Pharmaceuticals Inc)

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