Discharge of Escrow Agent. Upon the delivery of all of the Aggregate Indemnity Shares and Aggregate Cash Amount pursuant to the terms of Section 3 above or to a successor escrow agent, the Escrow Agent shall thereafter be discharged from any further obligations hereunder. The Escrow Agent is hereby authorized, in any and all events, to comply with and obey any and all final judgments, orders and decrees of any court of competent jurisdiction which may be filed, entered or issued, and all final arbitration awards and, if it shall so comply or obey, it shall not be liable to any other Person by reason of such compliance or obedience.
Appears in 1 contract
Discharge of Escrow Agent. Upon the delivery of all of the Aggregate Indemnity Shares and Aggregate Cash Amount Escrow Funds pursuant to the terms of Section 3 4 above or to a successor escrow agentEscrow Agent, the Escrow Agent shall thereafter be discharged from any further obligations hereunder. The Escrow Agent is hereby authorized, in any and all events, to comply with and obey any and all final judgments, orders and decrees of any court of competent jurisdiction which may be filed, entered or issued, and all final arbitration awards and, if it shall so comply or obey, it shall not be liable to any other Person by reason of such compliance or obedience.
Appears in 1 contract
Sources: Settlement Agreement (TNS Inc)
Discharge of Escrow Agent. Upon the delivery of all of the Aggregate Indemnity Shares and Aggregate Cash Amount Escrowed Items pursuant to the terms of Section 3 8 above or pursuant to a successor escrow agentthe Escrow Instructions, the Escrow Agent shall thereafter be discharged from any further obligations hereunder. The Escrow Agent is hereby authorized, in any and all events, to comply with and obey any and all final judgments, orders and decrees of any court of competent jurisdiction which may be filed, entered or issued, and all final arbitration awards and, if it he shall so comply or obey, it he shall not be liable to any other Person person by reason of such compliance or obedience.
Appears in 1 contract
Sources: Escrow Agreement (Kleangas Energy Technologies, Inc.)
Discharge of Escrow Agent. Upon the delivery of all of the Aggregate Indemnity Escrow Shares and the Aggregate Cash Amount pursuant to the terms of Section 3 above or to a successor escrow agent, the Escrow Agent shall thereafter be discharged from any further obligations hereunder. The Escrow Agent is hereby authorized, in any and all events, to comply with and obey any and all final judgments, orders and decrees of any court of competent jurisdiction which may be filed, entered or issued, and all final arbitration awards and, if it shall so comply or obey, it shall not be liable to any other Person by reason of such compliance or obedience.
Appears in 1 contract
Discharge of Escrow Agent. Upon the delivery of all of the Aggregate Indemnity Shares and Aggregate Cash Amount Escrow Funds pursuant to the terms of Section 3 above or to a successor escrow agentEscrow Agent, the Escrow Agent shall thereafter be discharged from any further obligations hereunder. The Escrow Agent is hereby authorized, in any and all events, to comply with and obey any and all final judgments, orders and decrees of any court of competent jurisdiction which may be filed, entered or issued, and all final arbitration awards and, if it shall so comply or obey, it shall not be liable to any other Person person by reason of such compliance or obedience.
Appears in 1 contract
Sources: Mortgage (Naco Industries Inc)