Common use of Third Party Advisors Clause in Contracts

Third Party Advisors. The Escrow Agent may employ or retain such other experts, advisors, agents or agencies as it may in its reasonable discretion require for the purpose of discharging its duties under this Agreement, and the Escrow Agent shall be fully protected in acting or not acting in good faith on the opinion or advice or on information obtained from any such parties and shall not be responsible for any misconduct or negligent actions on the part of any of them. The reasonable costs of such services shall be added to and be part of the Escrow Agent’s fees under this Agreement.

Appears in 2 contracts

Sources: Agreement and Plan of Merger (Imation Corp), Agreement and Plan of Merger (Imation Corp)