Common use of Reliance on Company Statement Clause in Contracts

Reliance on Company Statement. Whenever in the performance of its duties under this Agreement, the Warrant Agent shall deem it necessary or desirable that any fact or matter be proved or established by the Company prior to taking, suffering or omitting to take any action hereunder, such fact or matter (unless other evidence in respect thereof be herein specifically prescribed) may be deemed to be conclusively proved and established by a statement signed by the Chief Executive Officer, Chief Financial Officer, President, Executive Vice President, Vice President, Secretary or Chairman of the Board of the Company and delivered to the Warrant Agent. Such statement shall be full authorization and protection to the Warrant Agent and the Warrant Agent may rely upon, and be held harmless for such reliance, such statement for any action taken or suffered or omitted to be taken by it pursuant to the provisions of this Agreement.

Appears in 4 contracts

Samples: Warrant Agreement (Greenfire Resources Ltd.), Warrant Agreement (Greenfire Resources Ltd.), Warrant Agreement (Greenfire Resources Ltd.)

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Reliance on Company Statement. Whenever in the performance of its duties under this Agreement, Agreement the Warrant Agent shall deem it necessary or desirable that any fact or matter be proved or established by the Company prior to taking, suffering suffering, or omitting to take any action hereunder, such fact or matter (unless other evidence in respect thereof be herein specifically prescribed) may be deemed to be conclusively proved and established by a statement certificate signed by a person believed by the Warrant Agent to be the Chief Executive Officer, the Chief Financial Officer, Chief Legal Officer, the President, Executive Vice President, Vice President, Secretary or Chairman of the Board of the Company (each an authorized officer); and delivered to the Warrant Agent. Such statement such certificate shall be full authorization and protection to the Warrant Agent and the Warrant Agent may rely upon, and be held harmless shall incur no liability for such reliance, such statement for or in respect of any action taken or taken, suffered or omitted to be taken by it pursuant to under the provisions of this AgreementAgreement in reliance upon such certificate.

Appears in 2 contracts

Samples: Assignment and Assumption Agreement (Ginkgo Bioworks Holdings, Inc.), Assignment and Assumption Agreement (DraftKings Inc.)

Reliance on Company Statement. Whenever in the performance of its duties under this Agreement, the Warrant Agent shall deem it necessary or desirable that any fact or matter be proved or established by the Company New SPAC prior to taking, suffering or omitting to take any action hereunder, such fact or matter (unless other evidence in respect thereof be herein specifically prescribed) may be deemed to be conclusively proved and established by a statement signed by the a Chief Executive Officer, Chief Financial Officer, President, Executive Vice President, Vice President, Secretary or Chairman of the Board of the Company New SPAC and delivered to the Warrant Agent. Such statement shall be full authorization and protection to the Warrant Agent and the Warrant Agent may rely upon, and be held harmless for such reliance, such statement for any action taken or suffered or omitted to be taken by it pursuant to the provisions of this Agreement.

Appears in 2 contracts

Samples: Warrant Agreement (Hammerhead Energy Inc.), Warrant Agreement (Hammerhead Energy Inc.)

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Reliance on Company Statement. Whenever in the performance of its duties under this Agreement, the Warrant Agent shall deem it necessary or desirable that any fact or matter be proved or established by the Company prior to taking, taking or suffering or omitting to take any action hereunder, such fact or matter (unless other evidence in respect thereof be herein specifically prescribed) may be deemed to be conclusively proved and established by a statement signed by the Chief Executive Officer, the President, the Chief Financial Officer, PresidentChief Operating Officer, Executive Vice Presidentthe General Counsel, Vice President, the Secretary or the Chairman of the Board of the Company (collectively, the “Authorized Officers”) and delivered to the Warrant Agent. Such statement shall be full authorization and protection to the Warrant Agent and the Warrant Agent may rely upon, and be held harmless shall incur no liability for such reliance, such statement for or in respect of any action taken or taken, suffered or omitted to be taken by it pursuant to under the provisions of this AgreementAgreement in reasonable reliance in upon such statement.

Appears in 1 contract

Samples: Warrant Agreement (Blue Owl Capital Inc.)

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