Common use of RIGHTS OF ESCROWEE Clause in Contracts

RIGHTS OF ESCROWEE. In the event of any dispute as to who is entitled to receive the Xxxxxxx Money and the Xxxxxxx Money Note, Escrowee shall have the right to retain the Xxxxxxx Money and the Xxxxxxx Money Note and disburse them in accordance with the final order of a court of competent jurisdiction, or to deposit the Xxxxxxx Money and the Xxxxxxx Money Note with the Court, pending a final decision of the controversy. The provisions of this Agreement concerning jury trial waiver, applicable law, attorney fees and venue shall apply to such litigation. The parties hereto further agree that the Escrowee shall not be liable for failure of the depository. The provisions of Section 8.7 hereof shall not apply to a dispute as to who is entitled to receive the Xxxxxxx Money and the Xxxxxxx Money Note.

Appears in 1 contract

Samples: Contribution Agreement (Inland Western Retail Real Estate Trust Inc)

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RIGHTS OF ESCROWEE. In the event of any dispute as to who is entitled to receive the Xxxxxxx Money and the Xxxxxxx Money Note, Escrowee shall have the right to retain the Xxxxxxx Money and the Xxxxxxx Money Note and disburse them in accordance with the final order of a court of competent jurisdiction, or to deposit the Xxxxxxx Money and the Xxxxxxx Money Note with the Court, pending a final decision of the controversy. The provisions of this Agreement concerning jury trial waiver, applicable law, attorney fees and venue shall apply to such litigation. The parties hereto further agree that the Escrowee shall not be liable for failure of the depository. The provisions of Section 8.7 hereof shall not apply to a dispute as to who is entitled to receive the Xxxxxxx Money and the Xxxxxxx Money Note.of

Appears in 1 contract

Samples: Contribution Agreement (Inland Western Retail Real Estate Trust Inc)

RIGHTS OF ESCROWEE. In the event of any dispute as to who is entitled to receive the Xxxxxxx Money and the Xxxxxxx Money Note, Escrowee shall have the right to retain the Xxxxxxx Money and funds the Xxxxxxx Money Note and disburse them in accordance with the final order of a court of competent jurisdiction, or to deposit the Xxxxxxx Money and the Xxxxxxx Money Note with the Court, pending a final decision of the controversy. The provisions of this Agreement concerning jury trial waiver, applicable law, attorney fees and venue shall apply to such litigation. The parties hereto further agree that the Escrowee shall not be liable for failure of the depository. The provisions of Section 8.7 3 hereof shall not apply to a dispute as to who is entitled to receive the Xxxxxxx Money and the Xxxxxxx Money Note.

Appears in 1 contract

Samples: Contribution Agreement (Inland Western Retail Real Estate Trust Inc)

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RIGHTS OF ESCROWEE. In the event of any dispute as to who is entitled to receive the Xxxxxxx Money and the Xxxxxxx Money Note, Escrowee shall have the right to retain the Xxxxxxx Money and funds the Xxxxxxx Money Note and disburse them in accordance with the final order of a court of competent jurisdiction, or to deposit the Xxxxxxx Money and the Xxxxxxx Money Note with the Court, pending a final decision of the controversy. The provisions of this Agreement concerning jury trial waiver, applicable law, attorney fees and venue shall apply to such litigation. The parties hereto further agree that the Escrowee shall not be liable for failure of the depository. The provisions of Section 8.7 hereof shall not apply to a dispute as to who is entitled to receive the Xxxxxxx Money and the Xxxxxxx Money Note.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Inland Western Retail Real Estate Trust Inc)

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