No Financial Obligation. Escrow Agent shall not be required to use its own funds in the performance of any of its obligations or duties or the exercise of any of its rights or powers, and shall not be required to take any action which, in Escrow Agent's sole and absolute judgment, could involve it in expense or liability unless furnished with security and indemnity which it deems, in its sole and absolute discretion, to be satisfactory.
Appears in 24 contracts
Samples: Escrow Agreement (Beat the Bank LLC), Escrow Agreement (IntelGenx Technologies Corp.), Escrow Agreement (Sky Quarry Inc.)
No Financial Obligation. The Escrow Agent shall not be required to use its own funds in the performance of any of its obligations or duties or the exercise of any of its rights or powers, and shall not be required to take any action which, in the Escrow Agent's sole and absolute judgment, could involve it in expense or liability unless furnished with security and indemnity which it deems, in its sole and absolute discretion, to be satisfactory.
Appears in 17 contracts
Samples: Escrow Agreement (Click Holdings Ltd.), Entrance Fee Escrow Agreement, Confidential General Release and Settlement Agreement (Malibu Boats, Inc.)
No Financial Obligation. Escrow Agent shall not be required to use its own funds in the performance of any of its obligations or duties or the exercise of any of its rights or powers, and shall not be required to take any action which, in Escrow Agent's ’s sole and absolute judgment, could involve it in expense or liability unless furnished with security and indemnity which it deems, in its sole and absolute discretion, to be satisfactory.
Appears in 14 contracts
Samples: Escrow Agreement (American Rebel Holdings Inc), Escrow Agreement (American Rebel Holdings Inc), Escrow Agreement (MDB Capital Holdings, LLC)
No Financial Obligation. The Escrow Agent shall not be required to use its own funds in the performance of any of its obligations or duties or the exercise of any of its rights or powers, and shall not be required to take any action which, in the Escrow Agent's ’s sole and absolute judgment, could involve it in expense or liability unless furnished with security and indemnity which it deems, in its sole and absolute discretion, to be satisfactory.
Appears in 5 contracts
Samples: Escrow Agreement (ORIENTAL RISE HOLDINGS LTD), Merger Agreement (GPB Holdings II, LP), Escrow Agreement (Webuy Global LTD)
No Financial Obligation. Escrow Agent shall not be required to use its own funds in the performance of any of its obligations or duties or the exercise of any of its rights or powers, and shall not be required to take any action which, in the Escrow Agent's ’s sole and absolute judgment, could involve it in expense or liability unless furnished with security and indemnity which it deems, in its sole and absolute discretion, to be satisfactory.
Appears in 4 contracts
Samples: Stock Purchase Agreement (Infinite Group Inc), Indemnification Escrow Agreement (Esports Entertainment Group, Inc.), Indemnification Escrow Agreement (Esports Entertainment Group, Inc.)
No Financial Obligation. Escrow Agent shall not be required to use its own funds in the performance of any of its obligations or duties or the exercise of any of its rights or powers, powers and shall not be required to take any action (other than the actions expressly contemplated by this Escrow Agreement) which, in Escrow Agent's ’s sole and absolute judgment, could involve it in expense or liability unless furnished with security and indemnity which it deems, in its sole and absolute discretion, to be satisfactory.
Appears in 2 contracts
Samples: Contribution Agreement (Phillips Edison Grocery Center Reit I, Inc.), Contribution Agreement (Phillips Edison Grocery Center Reit I, Inc.)
No Financial Obligation. Escrow Agent shall not be required to use or risk its own funds or otherwise incur any financial liability in the performance of any of its obligations or duties or the exercise of any of its rights or powers, and shall not be required to take any action which, in the Escrow Agent's ’s sole and absolute judgment, could involve it in expense or liability unless furnished with security and indemnity which it deems, in its sole and absolute discretion, to be satisfactory..
Appears in 2 contracts
Samples: Merger Agreement (Battalion Oil Corp), Merger Agreement (Battalion Oil Corp)
No Financial Obligation. The Escrow Agent shall not be required to use its own funds in the performance of any of its obligations or duties or the exercise of any of its rights or powers, and shall not be required to take any action which, in the Escrow Agent's sole and absolute ’s reasonable judgment, could involve it in expense or liability unless furnished with security and indemnity which it deems, in its sole and absolute reasonable discretion, to be satisfactory.
Appears in 2 contracts
Samples: Escrow Agreement (Pacific DataVision, Inc.), Escrow Agreement (Pacific DataVision, Inc.)
No Financial Obligation. Escrow Agent shall not be required to use its own funds in the performance of any of its obligations or duties or the exercise of any of its rights or powers, and shall not be required to take any action which, in Escrow Agent's sole and absolute judgment, could involve it in expense or liability unless furnished with security and indemnity which it deems, in its sole and absolute discretion, to be satisfactory.. RAD Diversified/Entoro/Piermont Bank Escrow Agreement 9
Appears in 1 contract
No Financial Obligation. Escrow Agent shall not be required to use its own funds in the performance of any of its obligations or duties or the exercise of any of its rights or powerspowers (other than in connection with the performance of the services set forth on Exhibit C), and shall not be required to take any action (other than the actions expressly contemplated by this Escrow Agreement) which, in Escrow Agent's ’s sole and absolute judgment, could involve it in expense or liability unless furnished with security and indemnity which it deems, in its sole and absolute discretion, to be satisfactory.
Appears in 1 contract
Samples: Merger Agreement (United Rentals North America Inc)
No Financial Obligation. The Escrow Agent shall not be required by any provision of this Escrow Agreement to use its own funds in the performance of any of its obligations or duties or the exercise of any of its rights or powers, and shall not be required by any provision of this Escrow Agreement to take any action which, in the Escrow Agent's ’s sole and absolute judgment, could involve it in require the Escrow Agent to incur an expense or financial liability unless furnished with security and indemnity which it deems, in its sole and absolute discretion, to be satisfactory.
Appears in 1 contract
Samples: Escrow Agreement (Seaspan CORP)
No Financial Obligation. The Escrow Agent shall not be required to use its own funds in the performance of any of its obligations or duties or the exercise of any of its rights or powerspowers under this Escrow Agreement, and shall not be required to take any action which, in the Escrow Agent's ’s sole and absolute judgment, could involve subject it in to expense or liability unless furnished with security and indemnity which it deems, in its sole and absolute discretion, to be satisfactory.
Appears in 1 contract
Samples: Asset Purchase Agreement (AquaBounty Technologies, Inc.)
No Financial Obligation. The Escrow Agent shall not be required to use its own funds in the performance of any of its obligations or duties or the exercise of any of its rights or powers, and shall not be required require to take any action which, in the Escrow Agent's sole and absolute judgment, could involve it in expense or liability unless furnished with security and indemnity which it deems, in its sole and absolute discretion, to be satisfactory.
Appears in 1 contract
Samples: Escrow Agreement (Nii Holdings Inc)
No Financial Obligation. Escrow Agent shall not be required to use its own funds in the performance of any of its obligations or duties or the exercise of any of its rights or powers, and shall not be required to take any action which, in Escrow Agent's sole and absolute reasonable judgment, could involve it in expense or liability unless furnished with security and indemnity which it deems, in its sole and absolute reasonable discretion, to be satisfactory.
Appears in 1 contract
