Common use of No Responsibility For Validating or Sufficiency Clause in Contracts

No Responsibility For Validating or Sufficiency. The Escrow ----------------------------------------------- Agent shall have no duty to know or determine the performance or non-performance of any provision of any agreement between the other parties hereto, including, but not limited to, the Override Agreement, and the original or a copy of any such agreement deposited with the Escrow Agent shall not bind the Escrow Agent in any manner. The Escrow Agent assumes no responsibility for the validity or sufficiency of any documents or papers or payments deposited or called for hereunder except as may be expressly and specifically set forth herein, and the duties and responsibilities of the Escrow Agent hereunder are limited to those expressly stated herein.

Appears in 1 contract

Samples: Override Agreement (Video City Inc)

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No Responsibility For Validating or Sufficiency. The ----------------------------------------------- Escrow ----------------------------------------------- Agent shall have no duty to know or determine the performance or non-non- performance of any provision of any agreement between the other parties hereto, including, but not limited to, the Override Agreement and the Lock-Up Agreement, and the original or a copy of any such agreement deposited with the Escrow Agent shall not bind the Escrow Agent in any manner. The Escrow Agent assumes no responsibility for the validity or sufficiency of any documents or papers or payments deposited or called for hereunder except as may be expressly and specifically set forth herein, and the duties and responsibilities of the Escrow Agent hereunder are limited to those expressly stated herein.

Appears in 1 contract

Samples: Lock Up Agreement (Lee Robert Y)

No Responsibility For Validating or Sufficiency. The Escrow ----------------------------------------------- Agent shall have no duty to know or determine the performance or non-non- performance of any provision of any agreement between the other parties hereto, including, but not limited to, the Override Agreement and the Lock-Up Agreement, and the original or a copy of any such agreement deposited with the Escrow Agent shall not bind the Escrow Agent in any manner. The Escrow Agent assumes no responsibility for the validity or sufficiency of any documents or papers or payments deposited or called for hereunder except as may be expressly and specifically set forth herein, and the duties and responsibilities of the Escrow Agent hereunder are limited to those expressly stated herein.

Appears in 1 contract

Samples: Lock Up Agreement (Ingram Entertainment Inc)

No Responsibility For Validating or Sufficiency. The Escrow ----------------------------------------------- Agent shall have no duty to know or determine the performance or non-performance of any provision of any agreement between the other parties hereto, including, but not limited to, the Override Agreement, and the original or a copy of any such agreement deposited with the Escrow Agent shall not bind the Escrow Agent in any manner. The Escrow Agent assumes no responsibility for the validity or sufficiency of any documents or papers or payments deposited or called for hereunder except as may be expressly and specifically set forth herein, and the duties and responsibilities of the Escrow Agent hereunder are limited to those expressly stated herein.

Appears in 1 contract

Samples: Escrow and Warrant Agreement (Ingram Entertainment Inc)

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No Responsibility For Validating or Sufficiency. The ------------------------------------------------ Escrow ----------------------------------------------- Agent shall have no duty to know or determine the performance or non-performance of any provision of any agreement between the other parties hereto, including, but not limited to, the Override Agreement, and the original or a copy of any such agreement deposited with the Escrow Agent shall not bind the Escrow Agent in any manner. The Escrow Agent assumes no responsibility for the validity or sufficiency of any documents or papers or payments deposited or called for hereunder except as may be expressly and specifically set forth herein, and the duties and responsibilities of the Escrow Agent hereunder are limited to those expressly stated herein.

Appears in 1 contract

Samples: Escrow and Warrant Agreement (Video City Inc)

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