Reliance by Financial Institution. The Financial Institution is not obligated to investigate or inquire whether the Secured Party may deliver a Secured Party Order. The Financial Institution may rely on communications (including Secured Party Orders) believed by it in good faith to be genuine and given by the proper party.
Appears in 207 contracts
Samples: Account Control Agreement (Verizon Master Trust), Control Agreement (Ford Credit Floorplan Corp), Control Agreement (Verizon Master Trust)
Reliance by Financial Institution. The Financial Institution is not obligated to investigate or inquire whether the Secured Party may is entitled to deliver a Secured Party Order. The Financial Institution may rely on communications (including Secured Party Orders) believed by it in good faith to be genuine and given by the proper party.
Appears in 2 contracts
Samples: Account Control Agreement (Ford Credit Auto Receivables Two LLC), Account Control Agreement (Ford Credit Floorplan Corp)
