Rights of the Escrow Agent. No provision of this Escrow Agreement shall require the Escrow Agent to expend or risk its own funds or otherwise incur any financial liability or potential financial liability in the performance of its duties or the exercise of its rights under this Escrow Agreement. The Escrow Agent shall not be obligated to take any legal action or to commence any proceedings in connection with this Escrow Agreement or any property held hereunder or to appear in, prosecute or defend in any such legal action or proceedings. The Escrow Agent shall be protected in acting upon any written instruction, notice, request, waiver, consent, certificate, receipt, authorization, power of attorney or other paper or document which the Escrow Agent in good faith believes to be genuine and what it purports, to be, including, but not limited to, items directing investment or non-investment of funds, items requesting or authorizing release, disbursement or retainage of the subject matter of this Escrow Agreement and items amending the terms of this Escrow Agreement.
Rights of the Escrow Agent. 5.1 The Escrow Agent shall have no duties or responsibilities except those expressly set forth herein and shall not be subject to, nor obliged to recognize, monitor or enforce the terms of any other agreement between, or direction or instruction of, Purchaser or Seller, even though reference thereto may be made herein; provided, however, that these escrow instructions may be amended at any time or times by an instrument in writing signed by the parties hereto.
Rights of the Escrow Agent. (a) The Escrow Agent shall have no duties or responsibilities except those expressly set forth herein and no other or further duties or responsibilities shall be implied. The Escrow Agent shall have no liability under and no duty to inquire as to the provisions of any agreement other than this Escrow Agreement.
Rights of the Escrow Agent. (a) Reliance, etc. The Escrow Agent will be entitled to:
Rights of the Escrow Agent. Acceptance by the Escrow Agent of its duties pursuant to this Escrow Agreement is subject to the following terms and conditions, which all parties to this Escrow Agreement hereby agree shall govern and control the rights and duties of the Escrow Agent:
Rights of the Escrow Agent. The Escrow Agent may act upon any --------------------------- instrument or other writing or transmission reduced to writing believed by it in good faith to be genuine and to be signed or presented by the proper person. The Escrow Agent shall not be liable to any of the parties hereto for any liability or losses sustained by any of them as a result of any action taken or omitted to be taken by it in good faith unless a court of competent jurisdiction determines that the Escrow Agent's willful misconduct or gross negligence was the primary cause of any such loss. The Escrow Agent may consult with qualified outside counsel of its choice at all reasonable times, and shall have full and complete authorization and protection for any action taken or omitted by it hereunder in good faith and in accordance with the opinion of such counsel.
Rights of the Escrow Agent. The Escrow Agent may act upon any ------------------------------ instrument or other writing or transmission reduced to writing believed by it in good faith to be genuine and to be signed or presented by the proper person. The Escrow Agent shall not be liable to MSO for any liability or losses sustained by it as a result of any action taken or omitted to be taken by Escrow Agent in good faith unless a court of competent jurisdiction determines that the Escrow Agent's willful misconduct or gross negligence was the primary cause of any such loss. The Escrow Agent shall have full and complete authorization and protection for any action taken or omitted by it hereunder in good faith and in accordance with the opinion of its counsel.
