Common use of No Financial Obligation Clause in Contracts

No Financial Obligation. No provision of this Escrow Agreement shall require the Escrow Agent to risk or advance its own funds or otherwise incur any financial liability or potential financial liability in the performance of its duties or the exercise of its rights under this Escrow Agreement.

Appears in 81 contracts

Samples: Master Equipment Lease Purchase Agreement, Settlement Agreement, Escrow Agreement (ATI Physical Therapy, Inc.)

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No Financial Obligation. No provision of this Escrow Agreement shall require the Escrow Agent to risk or advance its own funds or otherwise incur any financial liability or potential financial liability in the performance of its duties or the exercise of its rights under this Escrow Agreement.

Appears in 17 contracts

Samples: Merger Agreement, Escrow Agreement (Sinclair Broadcast Group Inc), Contribution Agreement (Southcross Energy Partners, L.P.)

No Financial Obligation. No provision of this Escrow Agreement shall require the Escrow Agent to risk or advance its own funds or otherwise incur any financial liability or potential financial liability in the performance of its duties or the exercise of its rights under this Escrow Agreement.

Appears in 8 contracts

Samples: Equity Stock Transfer Escrow Agreement (Red Cat Holdings, Inc.), Share Purchase Agreement (Red Cat Holdings, Inc.), Equity Stock Transfer Escrow Agreement (Red Cat Holdings, Inc.)

No Financial Obligation. No provision of this Escrow Agreement shall require the Escrow Agent to risk or advance its own funds or otherwise incur any financial liability or potential financial liability in the performance of its duties or the exercise of its rights under this Escrow Agreement.. ARTICLE 3

Appears in 6 contracts

Samples: Asset Purchase Agreement (Digital Media Solutions, Inc.), Asset Purchase Agreement (Digital Media Solutions, Inc.), Escrow Agreement (Eastern Co)

No Financial Obligation. No provision of this Escrow Agreement shall require the Escrow Agent to risk or advance its own funds or otherwise incur any financial liability or potential financial liability in the performance of its duties or the exercise of its rights under this Escrow Agreement, unless it shall have been furnished with indemnity and/or security satisfactory to it.

Appears in 5 contracts

Samples: Escrow Agreement (Western Digital Corp), Escrow Agreement (Western Digital Corp), Escrow Agreement (Western Digital Corp)

No Financial Obligation. No provision of this Escrow Agreement shall require the Escrow Agent to risk or advance its own funds or otherwise incur any financial liability or potential financial liability in the performance of its duties or the exercise of its rights under this Escrow Agreement.

Appears in 4 contracts

Samples: Securities Purchase Agreement (EnLink Midstream Partners, LP), Securities Purchase Agreement (EnLink Midstream Partners, LP), Securities Purchase Agreement

No Financial Obligation. No provision of this Escrow Agreement shall require the Escrow Agent to risk or advance its own funds or otherwise incur any financial liability or potential financial liability in the performance of its duties or the exercise of its rights under this Escrow Agreementhereunder.

Appears in 3 contracts

Samples: Settlement Agreement, Settlement Agreement, Escrow Agreement (Stratum Holdings, Inc.)

No Financial Obligation. No provision of this Escrow Agreement shall require the Escrow Agent to risk or advance its own funds or otherwise incur any financial liability or potential financial liability (except in the case of willful misconduct or gross negligence by the Escrow Agent) in the performance of its duties or the exercise of its rights under this Escrow Agreement.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Sentio Healthcare Properties Inc), Purchase and Sale Agreement (Sentio Healthcare Properties Inc)

No Financial Obligation. No provision of this Escrow Agreement shall will require the Escrow Agent to risk or advance its own funds or otherwise incur any financial liability or potential financial liability in the performance of its duties or the exercise of its rights under this Escrow Agreement.

Appears in 2 contracts

Samples: Stock Purchase Agreement (M/a-Com Technology Solutions Holdings, Inc.), Stock Purchase Agreement (Autoliv Inc)

No Financial Obligation. No provision of this Escrow Agreement shall require the Escrow Agent to risk or advance its own funds or otherwise incur any financial liability or potential financial liability in the performance of its duties or the exercise of its rights under this Agreement, unless it shall have been furnished with indemnity and/or security satisfactory to it. The Escrow Agent shall have no liability under the provisions of any agreement other than this Agreement.

Appears in 2 contracts

Samples: Loan Agreement (Western Digital Corp), Loan Agreement (Western Digital Corp)

No Financial Obligation. No provision of this Escrow Agreement shall require the Escrow Agent to risk or advance its own funds or otherwise incur any financial liability or potential financial liability in the performance of its duties or the exercise of its rights under this Escrow Agreement.

Appears in 2 contracts

Samples: Membership Interest Purchase Agreement (Virtual Radiologic CORP), Escrow Agreement (Global Enterprises (Nevada), Inc.)

No Financial Obligation. No provision of this Escrow Agreement shall require the Escrow Agent to risk or advance its own funds or otherwise incur any financial liability or potential financial liability in the performance of its duties or the exercise of its rights under this Escrow Agreement.. ARTICLE III

Appears in 1 contract

Samples: Share Purchase Agreement (Codex DNA, Inc.)

No Financial Obligation. No provision of this Escrow Agreement shall require the Escrow Agent to risk or advance its own funds or otherwise incur any financial liability or potential financial liability in the performance of its duties or the exercise of its rights under this Escrow AgreementAgreement unless the Escrow Agent is furnished with security and indemnity which it deems, in its sole and absolute discretion, to be satisfactory.

Appears in 1 contract

Samples: Merger Agreement (Repligen Corp)

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No Financial Obligation. No provision of this Escrow Agreement shall will require the Escrow Agent to risk or advance its own funds or otherwise incur any financial liability or potential financial liability in the performance of its duties or the exercise of its rights under this Escrow Agreement.

Appears in 1 contract

Samples: Asset Purchase Agreement

No Financial Obligation. No Except in the case of the gross negligence or willful misconduct of the Escrow Agent, no provision of this Escrow Agreement shall require the Escrow Agent to risk or advance its own funds or otherwise incur any financial liability or potential financial liability in the performance of its duties or the exercise of its rights under this Escrow Agreement.

Appears in 1 contract

Samples: Stock and Asset Purchase Agreement (Sequenom Inc)

No Financial Obligation. No provision of this Escrow Agreement shall require the Escrow Agent to risk or advance its own funds or otherwise incur any financial liability or potential financial liability in the performance of its duties or the exercise of its rights under this Escrow Agreement.

Appears in 1 contract

Samples: Asset Purchase Agreement (Planetout Inc)

No Financial Obligation. No provision of this Escrow Agreement shall require the Escrow Agent to risk or advance its own funds or otherwise incur any financial liability or potential financial liability in the performance of its duties or the exercise of its rights under this Escrow Agreementhereunder.

Appears in 1 contract

Samples: Asset Purchase Agreement (UniTek Global Services, Inc.)

No Financial Obligation. No provision of this Escrow Agreement shall require the Escrow Agent to risk or advance its own funds or otherwise incur any financial liability or potential financial liability in the performance of its duties or the exercise of its rights under this Escrow Agreement, except to the extent such liability is directly caused by the Escrow Agent’s gross negligence or willful misconduct.

Appears in 1 contract

Samples: Escrow Agreement (ConvergEx Holdings, LLC)

No Financial Obligation. No Other than as a result of gross negligence or willful misconduct of the Escrow, no provision of this Escrow Agreement shall require the Escrow Agent to risk or advance its own funds or otherwise incur any financial liability or potential financial liability in the performance of its duties or the exercise of its rights under this Escrow Agreement.

Appears in 1 contract

Samples: Asset Purchase Agreement (Costar Group Inc)

No Financial Obligation. No provision of this Escrow Agreement shall require the Escrow Agent to risk or advance its own funds or otherwise incur any financial liability or potential financial liability in the performance of its duties or the exercise of its rights under this Escrow Agreement.. ARTICLE 4

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Millennial Media Inc.)

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