Escrow Agent's Duties. The Escrow Agent shall be obligated only for the performance of such duties as are specifically set forth herein and may rely and shall be protected in relying or refraining from acting on any instrument reasonably believed by the Escrow Agent to be genuine and to have been signed or presented by the proper Party or Parties.
Appears in 2 contracts
Sources: Escrow Agreement (Aurios Inc.), Debt Payment and Stock Issuance Agreement (Aurios Inc.)
Escrow Agent's Duties. The Escrow Agent shall be obligated only for the performance of such duties as are specifically set forth herein and may rely and shall be protected in relying or refraining from acting on any instrument reasonably believed by the Escrow Agent to be genuine and to have been signed or presented by the proper Party or PartiesAgreement.
Appears in 2 contracts
Sources: Merger Agreement (Interwave Communications International LTD), Merger Agreement (Digitalthink Inc)
Escrow Agent's Duties. The Escrow Agent shall be obligated only for the performance of such duties as are specifically set forth herein herein, and as set forth in any additional written escrow instructions which the Escrow Agent may receive after the date of this Agreement which are signed by an officer of Parent and the Securityholder Agent, and may rely and shall be protected in relying or refraining from acting on any instrument reasonably believed by the Escrow Agent to be genuine and to have been signed or presented by the proper Party party or Partiesparties.
Appears in 1 contract
Sources: Agreement and Plan of Reorganization (Petsmart Com Inc)
Escrow Agent's Duties. (i) The Escrow Agent shall be obligated only for the performance of such duties as are specifically set forth herein herein, and as set forth in any additional written escrow instructions which the Escrow Agent may receive after the date of this Agreement which are signed by an officer of Parent and the Securityholder Agent and agreed to and signed by the Escrow Agent, and may rely and shall be protected in relying or refraining from acting on any instrument reasonably believed by the Escrow Agent to be genuine and to have been signed or presented by the proper Party party or Parties.parties. The
Appears in 1 contract