Common use of No Other Disbursements Clause in Contracts

No Other Disbursements. No portion of the Escrow monies shall be disbursed or otherwise transferred except in accordance with this Section 2, Section 4 or Section 5.1(b). Without limiting the foregoing, neither Escrow Agent nor the Buyer shall be entitled to any right of offset against the Escrow or otherwise entitled to receive any portion of the Escrow.

Appears in 7 contracts

Samples: Securities Purchase Agreement (Advanced Optics Electronics Inc), Securities Purchase Agreement (Cynet Inc), Securities Purchase Agreement (Thermacell Technologies Inc)

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No Other Disbursements. No portion of the Escrow monies shall be ---------------------- disbursed or otherwise transferred except in accordance with this Section 2, Section 4 or Section 5.1(b). Without limiting the foregoing, neither Escrow Agent nor the Buyer shall be entitled to any right of offset against the Escrow or otherwise entitled to receive any portion of the Escrow.

Appears in 2 contracts

Samples: Escrow Agreement (Intercell Corp), Escrow Agreement (Intercell Corp)

No Other Disbursements. No portion of the Escrow monies shall be disbursed or otherwise transferred except in accordance with this Section 2, Section 4 or Section 5.1(b). Without limiting the foregoing, neither Escrow Agent nor the Buyer shall be entitled to any right of offset against the Escrow or otherwise entitled to receive any portion of the Escrow.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Wizzard Software Corp /Co), Escrow Agreement (Sales Online Direct Inc)

No Other Disbursements. No portion of the Escrow monies shall be ---------------------- disbursed or otherwise transferred except in accordance with this Section section 2, Section section 4 or Section section 5.1(b). Without limiting the foregoing, neither Escrow Agent nor the any Buyer shall be entitled to any right of offset against the Escrow or otherwise entitled to receive any portion of the Escrow.

Appears in 1 contract

Samples: Securities Purchase Agreement (Syquest Technology Inc)

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No Other Disbursements. No portion of the Escrow monies shall be ---------------------- disbursed or otherwise transferred except in accordance with this Section section 2, Section section 4 or Section section 5.1(b). Without limiting the foregoing, neither Escrow Agent nor the Buyer shall be entitled to any right of offset against the Escrow or otherwise entitled to receive any portion of the Escrow.

Appears in 1 contract

Samples: Securities Purchase Agreement (Syquest Technology Inc)

No Other Disbursements. No portion of the Escrow monies ---------------------- shall be disbursed or otherwise transferred except in accordance with this Section section 2, Section section 4 or Section section 5.1(b). Without limiting the foregoing, neither Escrow Agent nor the Buyer shall be entitled to any right of offset against the Escrow or otherwise entitled to receive any portion of the Escrow.

Appears in 1 contract

Samples: Securities Purchase Agreement (Syquest Technology Inc)

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