Common use of Responsibilities of the Escrow Agent Clause in Contracts

Responsibilities of the Escrow Agent. (a) The Escrow Agent shall be obligated to perform only such duties as are expressly set forth in this Agreement. No implied covenants or obligations shall be inferred from this Agreement against the Escrow Agent, nor shall the Escrow Agent be bound by the provisions of any agreement of the Company or the Lenders beyond the specific terms hereof.

Appears in 1 contract

Samples: Warrant Escrow Agreement (Access Worldwide Communications Inc)

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Responsibilities of the Escrow Agent. (a) The Escrow Agent shall be obligated to perform only such duties as are expressly set forth in this Agreement. No implied covenants or obligations shall be inferred from this Agreement against the Escrow Agent, nor shall the Escrow Agent be bound by the provisions of any agreement of the Company or the Lenders beyond the specific terms hereof.

Appears in 1 contract

Samples: Secured Lender Warrant Escrow Agreement (Ddi Capital Corp/Dynamic Details Inc)

Responsibilities of the Escrow Agent. (a) The Escrow Agent shall be obligated to perform only such duties as are expressly set forth in this Agreement. No implied covenants or obligations shall be inferred from this Agreement against the Escrow Agent, nor shall the Escrow Agent be bound by the provisions of any agreement of the Company or the Lenders Borrower beyond the specific terms hereof.

Appears in 1 contract

Samples: Escrow Agreement (CPS Business CORP)

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Responsibilities of the Escrow Agent. (a) The Escrow Agent shall be obligated to perform only such duties as are expressly set forth in this Agreement. No implied covenants or obligations shall be inferred from this Agreement against the Escrow Agent, nor shall the Escrow Agent be bound by the provisions of any agreement of the Company or the Lenders Holders beyond the specific terms hereof.

Appears in 1 contract

Samples: Senior Discount Warrant Escrow Agreement (Ddi Capital Corp/Dynamic Details Inc)

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