Reliance on Advice of Counsel. The Escrow Agent may seek the advice of legal counsel selected with reasonable care in the event of any dispute or question as to the construction of any of the provisions of this Agreement or its duties hereunder, and it shall incur no liability and shall be fully protected in respect of any action taken, omitted or suffered by it in good faith in accordance with the opinion of such counsel;
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Samples: Stockholders' Agreement (Prism Financial Corp), Stockholders' Agreement (Royal Bank of Canada), Stockholders' Agreement (Prism Acquisition Subsidiary Inc)
Reliance on Advice of Counsel. The Escrow Agent may seek the advice of consult with legal counsel selected with reasonable care in the event of any dispute or question questions as to the construction of any of the provisions of this Agreement foregoing instructions, or its Escrow agent's duties hereunder, and it Escrow Agent shall incur no liability and shall be fully protected in respect of any action taken, omitted or suffered by it in good faith acting in accordance with the opinion and instructions of such counsel;.
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Reliance on Advice of Counsel. The Escrow Agent may seek act pursuant to the advice of legal counsel selected with reasonable care in the event of respect to any dispute or question as matter relating to the construction of any of the provisions of this Agreement or its duties hereunder, and it shall incur no liability and shall not be fully protected in respect of liable for any action taken, taken or omitted or suffered by it in good faith in accordance with the opinion of such counsel;advice.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Halter Marine Group Inc)
