No Financial Obligation. No provision of this Escrow Agreement shall require the Escrow Agent to risk or advance 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.
No Financial Obligation. Escrow Agent shall not be required to use its own funds in the performance of any of its obligations or duties or the exercise of any of its rights or powers, and shall not be required to take any action which, in Escrow Agent's sole and absolute judgment, could involve it in expense or liability unless furnished with security and indemnity which it deems, in its sole and absolute discretion, to be satisfactory.
No Financial Obligation. No provision of this Agreement shall require Xxxxxxxxx to risk or advance 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 Agreement.
No Financial Obligation. Neither Party shall have any financial obligation with respect to any development work undertaken by the other Party, except as may be set forth in a separate written agreement, or amendment to this Agreement, executed in either case by both Parties.
No Financial Obligation. Except as specifically provided herein, it is not contemplated that any Party will incur a financial obligation as a result of this Agreement beyond the normal cost of providing Services.
No Financial Obligation a. Each of the Agencies will act as an independent Party with respect to the performance of its duties under this MOU. This MOU does not obligate and will not result in &n exchange of funds, personnel, property, services, or any kind of financial commitment. It will not result in a transfer of resources between the Agencies. Any future transfer of funds or obligation to undertake certain work must be confirmed by an appropriate funding agreement executed by authorized officials from the agencies that are signatories to this MOU. This MOU does not give any third party any benefit, legal, or equitable right, remedy or claim under this MOU.
No Financial Obligation. Neither Party shall owe any payment to the other Party due to activities undertaken under this Agreement.
No Financial Obligation. Each Party shall have no financial obligation to the other Parties of this MOU, except as herein expressly provided.
No Financial Obligation. Except to the extent expressly provided hereunder, no Agent shall be required to risk or advance its own funds or otherwise incur any financial liability or potential financial liability in the performance of their duties or the exercise of their rights under this Agreement. For the avoidance of any doubt, it is stated that neither of the Agents provide any guarantee or any other similar undertaking for the repayment of the Principal, together with Interest, by the Borrower under the terms of this Agreement.
No Financial Obligation. No provision of this Trust Agreement shall require the Trustee to risk or advance 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 Trust Agreement.
