Common use of Reasonable Reliance Clause in Contracts

Reasonable Reliance. The Relying Party agrees that it will only rely on the Certificate if the validation procedure against the Certificate is successful and the Relying Party exercises reasonable reliance in the circumstances. The Relying Party further agrees that reasonable reliance is as follows: a. The Relying Party acts with knowledge of all facts stated in the Certificate, or other information that the Relying Party has or that the Relying Party should know, including knowing the classification of the Certificate issued by Privy, and knowing the applicable Privy CPS; b. The Relying Party will consider the following before relying on the Certificate: i. the economic value of the transaction or communication; ii. potential loss or damage that may be caused by misidentification, loss of confidentiality, or privacy of information in applications, transactions, or communications; iii. any series of transactions with the Certificate Holder that the Relying Party previously had; iv. any other form of trade, practice, or method of transaction that is relevant and generally practiced or of which the Relying Party should be aware, when communicating or transacting business through electronic systems; v. any obligation of the Relying Party that is legally required, including provisions regarding the protection of confidentiality or protection of privacy, or other applicable laws and regulations, to identify a party to a transaction with the Relying Party; vi. The appropriateness of the use of the Certificate to the intended communication or transaction; and vii. any other sign of reliability or unreliability, or other facts known or brought to the attention of the Relying Party, relating to the Certificate Holder and/or the application, communication or transaction; and c. The Relying Party will take other reasonable steps to minimize the risk of relying on invalid, revoked, or expired Certificates. If the Relying Party still requires other considerations as additional warranty for the Certificate Holder's electronic transactions other than the information stated on the Certificate, then the Relying Party must obtain such warranty from the Certificate Holder, prior to the reliance in order for the reliance to be considered as reasonable.

Reasonable Reliance. The Relying Party agrees You agree that it you will only not rely on a Certificate or Site Seal unless the Certificate if the validation procedure against the Certificate is verification procedures listed above in Section 1 are successful and the Relying Party exercises your reliance is reasonable reliance in under the circumstances. The Relying Party You further agrees agree that reasonable for reliance is as followsto be considered reasonable: a. The Relying Party acts You act with knowledge of all facts stated listed in the CertificateCertificate or Site Seal, or other information that the Relying Party has of which you have or that the Relying Party should knowhave notice, including knowing the classification of the Certificate issued by Privy, and knowing the applicable Privy DigiCert CPS;. b. The Relying Party will consider the following before You act without knowledge of any facts that would cause a person of ordinary business prudence to refrain from relying on the Certificate:Certificate or Site Seal, and under circumstances where reliance would be reasonable and otherwise in good faith in light of all the circumstances that were known or that should have been known to you prior to reliance. i. c. You will take into consideration the following: • the economic value of the transaction or communication; ii. ; • the potential loss losses or damage that may might be caused by misidentification, an erroneous identification or the loss of confidentiality, confidentiality or privacy of information in applicationsthe application, transactions, transaction or communications; iii. communication; • any series previous course of transactions dealing that you have had with the Certificate Holder that the Relying Party previously had; iv. Subscriber; • any usage of trade or other form relevant practices or methods of tradedealing commonly observed, practice, or method of transaction that is relevant and generally practiced or of which the Relying Party you should be aware, when communicating or transacting business through electronic systems; v. over the Internet; • any obligation legal requirements for the identification of the Relying Party that is legally requireda party, including provisions regarding the protection of the confidentiality or protection privacy of privacyinformation, or other applicable laws and regulations, to identify a party to a transaction with the Relying Party; vi. The appropriateness of the use of jurisdiction; • whether a Certificate or Site Seal is appropriate for the Certificate to the intended purpose, communication or transactiontransaction contemplated; and vii. and • any other sign indicia of reliability or unreliability, or other facts known of which you know or brought have notice, pertaining to the attention of the Relying Party, relating to the Certificate Holder Subscriber and/or the application, communication or transaction; and. c. The Relying Party d. You will take any other reasonable steps to minimize the risk of relying on or otherwise using a Certificate or Site Seal that is invalid, revokedrevoked or expired. If circumstances indicate, or expired Certificates. If should reasonably indicate, the Relying Party still requires other considerations as need for additional warranty for the Certificate Holder's electronic transactions other than the information stated on the Certificateassurances, then the Relying Party must you will obtain such warranty assurances from the Certificate Holder, Subscriber prior to the such reliance in order for the reliance it to be considered as deemed reasonable.

Reasonable Reliance. The Relying Party agrees You agree that it you will only not rely on an EV Certificate unless the Certificate if the validation procedure against the Certificate is verification procedures listed above in Section 1 are successful and the Relying Party exercises your reliance is reasonable reliance in under the circumstances. The Relying Party You further agrees agree that reasonable for reliance is as followsto be considered reasonable: a. The Relying Party acts You act with knowledge of all facts stated listed in the EV Certificate, or other information that the Relying Party has of which you have or that the Relying Party should knowhave notice, including knowing the classification of the Certificate issued by Privy, and knowing the applicable Privy CPS;DigiCert's Certification Practice Statement for Extended Validation Certificates. b. The Relying Party will consider the following before You act without knowledge of any facts that would cause a person of ordinary business prudence to refrain from relying on the EV Certificate:, and under circumstances where reliance would be reasonable and otherwise in good faith in light of all the circumstances that were known or that should have been known to you prior to reliance. i. c. You will take into consideration the following:  the economic value of the transaction or communication; ii. ;  the potential loss losses or damage that may might be caused by misidentification, an erroneous identification or the loss of confidentiality, confidentiality or privacy of information in applicationsthe application, transactions, transaction or communications; iii. communication;  any series previous course of transactions dealing that you have had with the Certificate Holder that the Relying Party previously had; iv. Subscriber;  any usage of trade or other form relevant practices or methods of tradedealing commonly observed, practice, or method of transaction that is relevant and generally practiced or of which the Relying Party you should be aware, when communicating or transacting business through electronic systems; v. over the Internet;  any obligation legal requirements for the identification of the Relying Party that is legally requireda party, including provisions regarding the protection of the confidentiality or protection privacy of privacyinformation, or other applicable laws and regulations, to identify a party to a transaction with the Relying Party; vi. The appropriateness of the use of jurisdiction;  whether an EV Certificate is appropriate for the Certificate to the intended purpose, communication or transactiontransaction contemplated; and vii. and  any other sign indicia of reliability or unreliability, or other facts known of which you know or brought have notice, pertaining to the attention of the Relying Party, relating to the Certificate Holder Subscriber and/or the application, communication or transaction; and. c. The Relying Party d. You will take any other reasonable steps to minimize the risk of relying on or otherwise using an EV Certificate that is invalid, revokedrevoked or expired. If circumstances indicate, or expired Certificates. If should reasonably indicate, the Relying Party still requires other considerations as need for additional warranty for the Certificate Holder's electronic transactions other than the information stated on the Certificateassurances, then the Relying Party must you will obtain such warranty assurances from the Certificate Holder, Subscriber prior to the such reliance in order for the reliance it to be considered as deemed reasonable.