Propriety of demand. The Issuing Bank shall be entitled to rely without further enquiry on any demand, claim, document or other communication believed by it in good faith to be genuine and correct and to have been signed or otherwise executed or made by the proper Person and otherwise to be in conformity with the relevant Letter of Credit.
Appears in 2 contracts
Samples: Facility Agreement (Amtrust Financial Services, Inc.), Facility Agreement (Amtrust Financial Services, Inc.)
Propriety of demand. The Issuing Bank shall be entitled to rely without further enquiry on any demand, claim, document or other communication believed by it in good faith to be genuine and correct and to have been signed or otherwise executed or made by the proper Person person and otherwise to be in conformity with the relevant a Letter of Credit.
Appears in 2 contracts
Samples: Agreement (ALTERRA CAPITAL HOLDINGS LTD), Facility Agreement (Max Capital Group Ltd.)
Propriety of demand. The Issuing Bank shall be entitled to rely without further enquiry on any demand, claim, document or other communication believed by it in good faith to be genuine and correct and to have been signed or otherwise executed or made by the proper Person person and otherwise to be in conformity with the relevant a Letter of Credit.
Appears in 1 contract
