Common use of No Trusteeship Clause in Contracts

No Trusteeship. The Sellers and the Purchaser agree that the Escrow -------------- Agent is acting solely as an escrowee hereunder and not as a trustee and that the Escrow Agent has no fiduciary duties, obligations or liabilities under this Agreement.

Appears in 3 contracts

Samples: Stock Purchase Agreement (Spiderboy International Inc), Stock Purchase Agreement (Spiderboy International Inc), Stock Purchase Agreement (Zann Corp)

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No Trusteeship. The Sellers and the Purchaser agree that the Escrow -------------- --------------- Agent is acting solely as an escrowee hereunder and not as a trustee and that the Escrow Agent has no fiduciary duties, obligations or liabilities under this Agreement.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Spiderboy International Inc), Stock Purchase Agreement (Spiderboy International Inc)

No Trusteeship. The Sellers and the Purchaser agree Client agrees that the Escrow -------------- Agent is acting solely as an escrowee hereunder and not as a trustee and that the Escrow Agent has no fiduciary duties, obligations or liabilities under this Agreement.

Appears in 1 contract

Samples: Escrow Agreement (Biolynx Com Inc)

No Trusteeship. The Sellers and the Purchaser agree Trust agrees that the Escrow -------------- Agent is acting --------------- solely as an escrowee hereunder and not as a trustee and that the Escrow Agent has no fiduciary duties, obligations or liabilities under this Agreement.

Appears in 1 contract

Samples: Escrow Agreement (Peoples Avenger Fund Business Trust)

No Trusteeship. The Sellers Company and the Purchaser Buyers do agree that the Escrow -------------- Agent is acting solely as an escrowee hereunder and not as a trustee and that the Escrow Agent has no fiduciary duties, obligations or liabilities under this Agreement.

Appears in 1 contract

Samples: Securities Purchase Agreement (Global Earth Energy, Inc.)

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No Trusteeship. The Sellers and the Purchaser agree Client agrees that the Escrow -------------- Agent is acting solely as an -------------- escrowee hereunder and not as a trustee and that the Escrow Agent has no fiduciary duties, obligations or liabilities under this Agreement.

Appears in 1 contract

Samples: Escrow Agreement (Biolynx Com Inc)

No Trusteeship. The Sellers Company and the Purchaser Investor agree that the --------------- Escrow -------------- Agent is acting solely as an escrowee hereunder and not as a trustee and that the Escrow Agent has no fiduciary duties, obligations or liabilities under this Agreement.

Appears in 1 contract

Samples: Stock Purchase Agreement (Cyber Public Relations Inc)

No Trusteeship. The Sellers Seller and the Purchaser agree that the Escrow -------------- Agent is acting solely as an escrowee hereunder and not as a trustee and that the Escrow Agent has no fiduciary duties, obligations or liabilities under this Agreement.

Appears in 1 contract

Samples: Escrow Agreement (Green Mountain Capital Inc.)

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