Common use of Reasonable Reliance Clause in Contracts

Reasonable Reliance. Secured Party shall be fully protected and shall suffer no liability in acting in accordance with any written instructions reasonably believed by it to have been given by Pledgor, to the extent provided in Section 4(b), with respect to any investments of any amounts held for the credit of the Collateral Accounts.

Appears in 4 contracts

Samples: Master Disbursement Agreement (Wynn Las Vegas LLC), Master Disbursement Agreement (Wynn Resorts LTD), Master Disbursement Agreement (Wynn Resorts LTD)

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Reasonable Reliance. Secured Party shall be fully protected and shall suffer no liability in acting in accordance with any written instructions reasonably believed by it to have been given by Pledgor, to the extent provided in Section 4(b), Pledgor with respect to any investments aspect of the operation of the Collateral Accounts (including any such instructions relating to any Investments of any amounts held for the credit of the Collateral Accountsor Financial Assets credited thereto).

Appears in 3 contracts

Samples: Credit Agreement (Prime Hospitality Corp), Account Agreement (Grand Canal Shops Mall Construction LLC), Completion Guaranty Collateral Account Agreement (Grand Canal Shops Mall Construction LLC)

Reasonable Reliance. Secured Party shall be fully protected and shall suffer no liability in acting in accordance with any written instructions reasonably believed by it to have been given by Pledgor, to the extent provided in Section 4(b), with respect to any investments of any amounts held for the credit of the Collateral AccountsAccount.

Appears in 3 contracts

Samples: Master Disbursement Agreement (Wynn Resorts LTD), Master Disbursement Agreement (Wynn Resorts LTD), Holdings Collateral Account Agreement (Aladdin Capital Corp)

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Reasonable Reliance. Secured Party shall be fully protected and shall suffer no liability in acting in accordance with any written instructions reasonably believed by it to have been given by Pledgor, to the extent provided in Section 4(b), with respect to any investments Investments of any amounts held for the credit of the Collateral AccountsDisbursement Account.

Appears in 1 contract

Samples: Disbursement Account Agreement (Las Vegas Sands Inc)

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