Common use of INCONSISTENT CLAIMS Clause in Contracts

INCONSISTENT CLAIMS. In the event that Escrow Agent should at any time be confronted with inconsistent claims or demands by the parties hereto, Escrow Agent shall have the right to interplead said parties in any court of competent jurisdiction and request that such court determine the respective rights of the parties with respect to this Escrow Agreement, and upon doing so, Escrow Agent automatically shall be released from any obligations or liability as a consequence of any such claims or demands.

Appears in 2 contracts

Sources: Escrow Agreement, Escrow Agreement

INCONSISTENT CLAIMS. In If the event that Escrow Agent should at any time be confronted with inconsistent claims or demands by the parties hereto, the Escrow Agent shall have the right to interplead said the parties in any court of competent jurisdiction and request that such court determine the respective rights of the parties with respect to under this Escrow Agreement, and upon doing so, the Escrow Agent shall automatically shall be released from any obligations or liability as a consequence of any such claims or demands.

Appears in 1 contract

Sources: Stock Purchase Agreement (Advancepcs)