Common use of Nautilus Clause in Contracts

Nautilus. Buyer and the Escrow Agent shall be entitled to rely upon any document or other paper delivered by the Selling Parties Representative as (i) genuine and correct and (ii) having been duly signed or sent by the Selling Parties Representative, and none of Nautilus, Buyer or the Escrow Agent shall be liable to any of the Shareholders or Seller for any action taken or omitted to be taken by Nautilus or the Escrow Agent in such reliance.

Appears in 3 contracts

Sources: Purchase Option Agreement (Nautilus, Inc.), Purchase Option Agreement (Nautilus, Inc.), Asset Purchase Agreement (Nautilus, Inc.)

Nautilus. Buyer and the Escrow Agent shall be entitled to rely upon any document or other paper delivered by the Selling Parties Representative as (i) genuine and correct and (ii) having been duly signed or sent by the Selling Parties Representative, and none of Nautilus, Buyer or the Escrow Agent shall be liable to any of the Shareholders or Seller for any action taken or omitted to be taken by Nautilus or the Escrow Agent in such reliance. [Remainder of this page intentionally left blank.]

Appears in 1 contract

Sources: Asset Purchase Agreement