Common use of Reliance and engagement letters Clause in Contracts

Reliance and engagement letters. Each Finance Party confirms each of the Arranger and the Agent has authority to accept on its behalf the terms of any Reliance Letter or engagement letters relating to the Reports or any reports or letters provided by accountants in connection with the Finance Documents or the transactions contemplated therein (including any net asset letter in connection with financial assistance procedures) and to bind it in respect of such Reports, reports or letters and to sign such letters on its behalf and further confirms that it accepts the terms and qualifications set out in such letters.

Reliance and engagement letters. Each Finance Party confirms each of the Arranger and the Agent has authority to accept on its behalf the terms of any Reliance Letter reliance letter or engagement letters relating to the Reports or any reports or letters provided by accountants in connection with the Finance Documents or the transactions contemplated therein (including any net asset letter in connection with financial assistance procedures) and to bind it in respect of such Reports, reports or letters and to sign such letters on its behalf and further confirms that it accepts the terms and qualifications set out in such letters.

Reliance and engagement letters. Each Finance Party and Secured Party confirms that each of the Arranger and the Facility Agent has authority to accept on its behalf the terms of any Reliance Letter reliance letter or engagement letters relating to the Reports or any reports or letters provided by accountants in connection with the Finance Documents or the transactions contemplated therein (including any net asset letter in connection with financial assistance procedures) the Finance Documents and to bind it in respect of such those Reports, reports or letters and to sign such letters on its behalf and further confirms that it accepts the terms and qualifications set out in such letters.

Reliance and engagement letters. Each Finance Party confirms each of that the Arranger and the Facility Agent has authority to accept on its behalf the terms of any Reliance Letter reliance letter or engagement letters relating to the Reports or any reports or letters provided by accountants in connection with the Finance Documents or the transactions contemplated therein (including any net asset letter in connection with financial assistance procedures) and to bind it in respect of such Reports, reports or letters and to sign such letters on its behalf and further confirms that it accepts the terms and qualifications set out in such letters.

Reliance and engagement letters. Each Finance Party confirms that each of the Arranger Agent and the Security Agent has authority to accept on its behalf the terms of any Reliance Letter or engagement letters relating to -104- the Reports or any reports or letters provided by accountants in connection with the Finance Documents or the transactions contemplated therein (including any net asset letter in connection with financial assistance procedures) and to bind it in respect of such Reports, reports or letters and to sign such letters on its behalf and further confirms that it accepts the terms and qualifications set out in such letters.