Common use of Reliance on documents and professional advice Clause in Contracts

Reliance on documents and professional advice. Each of the Arranger and the Agent shall be entitled to rely on any communication, instrument or document believed by it to be genuine and correct and to have been signed or sent by the proper person and shall be entitled to rely as to legal or other professional matters on opinions and statements of any legal or other professional advisers selected or approved by it (including those in the Arranger’s or, as the case may be, the Agent’s employment).

Appears in 14 contracts

Samples: Loan Agreement (Euronav NV), Loan Agreement (Quintana Shipping Ltd.), Supplemental Agreement (Quintana Shipping Ltd.)

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Reliance on documents and professional advice. Each of the Arranger and the Agent shall be entitled to rely on any communication, instrument or document believed by it to be genuine and correct and to have been signed or sent by the proper person and shall be entitled to rely as to legal or other professional matters on opinions and statements of any legal or other professional advisers selected or approved by it (including those in the Arranger’s 's or, as the case may be, the Agent’s 's employment).

Appears in 8 contracts

Samples: Tenth Supplemental Agreement (Aegean Marine Petroleum Network Inc.), Agreement (Aegean Marine Petroleum Network Inc.), Agreement (Aegean Marine Petroleum Network Inc.)

Reliance on documents and professional advice. Each of the The Arranger and the Agent shall be entitled to rely on any communication, instrument or document believed by it to be genuine and correct and to have been signed or sent by the proper person and shall be entitled to rely as to legal or other professional matters on opinions and statements of any legal or other professional advisers selected or approved by it (including those in the Arranger’s or, as the case may be, the Agent’s employment).

Appears in 5 contracts

Samples: Loan Agreement (Poseidon Containers Holdings Corp.), Loan Agreement (DryShips Inc.), Agreement (DryShips Inc.)

Reliance on documents and professional advice. Each of the Arranger and the Agent shall be entitled to rely on any communication, instrument or document reasonably believed by it to be genuine and correct and to have been signed or sent by the proper person and shall be entitled to rely as to legal or other professional matters on opinions and statements of any legal or other professional advisers reasonably selected or approved by it (including those in the Arranger’s or, as the case may be, the applicable Agent’s employment).

Appears in 4 contracts

Samples: Project Loan Agreement, Agreement (QGOG Constellation S.A.), Project Loan Agreement (QGOG Constellation S.A.)

Reliance on documents and professional advice. Each of the Arranger Arrangers, the Payment Agent and the Agent shall be entitled to rely on any communication, instrument or document believed by it to be genuine and correct and to have been signed or sent by the proper person and shall be entitled to rely as to legal or other professional matters on opinions and statements of any legal or other professional advisers selected or approved by it (including those in the relevant Arranger’s or, as the case may be, the Agent’s or Payment Agent’s employment).

Appears in 3 contracts

Samples: Agreement (Navios Maritime Partners L.P.), Agreement (Navios Maritime Partners L.P.), Navios Maritime Partners L.P.

Reliance on documents and professional advice. Each of the The Arranger and the Agent shall be entitled to rely on any communication, instrument or document believed by it to be genuine and correct and to have been signed or sent by the proper person and shall be entitled to rely as to legal or other professional matters on opinions and statements of any legal or other professional advisers selected or approved by it (including those in the an Arranger’s 's or, as the case may be, the Agent’s 's employment).

Appears in 2 contracts

Samples: Seanergy Maritime Holdings Corp., Seanergy Maritime Holdings Corp.

Reliance on documents and professional advice. Each of the Arranger Arranger, the Security Trustee, the Payment Agent and the Agent shall be entitled to rely on any communication, instrument or document believed by it to be genuine and correct and to have been signed or sent by the proper person and shall be entitled to rely as to legal or other professional matters on opinions and statements of any legal or other professional advisers selected or approved by it (including those in the Arranger’s or, as the case may be’s, the Security Trustee’s, the Payment Agent or Agent’s employment).

Appears in 2 contracts

Samples: Navios Maritime Acquisition CORP, Navios Maritime Holdings Inc.

Reliance on documents and professional advice. Each of the The Arranger and the Agent shall be entitled to rely on any communication, instrument or document believed by it to be genuine and correct and to have been signed or sent by the proper person and shall be entitled to rely as to legal or other professional matters on opinions and statements of any legal or other professional advisers selected or approved by it (including those in the Arranger’s 's or, as the case may be, the Agent’s 's employment).

Appears in 2 contracts

Samples: Supplemental Agreement (Diana Shipping Inc.), Loan Agreement (Diana Shipping Inc.)

Reliance on documents and professional advice. Each of the The Arranger and the Facility Agent shall be entitled to rely on any communication, instrument or document believed by it to be genuine and correct and to have been signed or sent by the proper person and shall be entitled to rely as to legal or other professional matters on opinions and statements of any legal or other professional advisers selected or approved by it (including those in the Arranger’s ' or, as the case may be, the Facility Agent’s employment).

Appears in 1 contract

Samples: Agreement (Paragon Shipping Inc.)

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Reliance on documents and professional advice. Each of the The Arranger and the Agent shall be entitled to rely on any communication, instrument or document believed by it to be genuine and correct and to have been signed or sent by the proper person and shall be entitled to rely as to legal or other professional matters on opinions and statements of any legal or other professional advisers selected or approved by it (including those in the Arranger’s or, as the case may be, the Agent’s 's employment).

Appears in 1 contract

Samples: Agreement (Premier Foods PLC)

Reliance on documents and professional advice. Each of the Arranger Arrangers and the Agent shall be entitled to rely on any communication, instrument or document believed by it to be genuine and correct and to have been signed or sent by the proper person and shall be entitled to rely as to legal or other professional matters on opinions and statements of any legal or other professional advisers selected or approved by it (including those in the such Arranger’s or, as the case may be, the Agent’s employment).

Appears in 1 contract

Samples: Private and Confidential (Navios Maritime Holdings Inc.)

Reliance on documents and professional advice. Each of the Arranger The Arrangers and the Facility Agent shall be entitled to rely on any communication, instrument or document believed by it to be genuine and correct and to have been signed or sent by the proper person and shall be entitled to rely as to legal or other professional matters on opinions and statements of any legal or other professional advisers selected or approved by it (including those in the Arranger’s Arrangers’ or, as the case may be, the Facility Agent’s employment).

Appears in 1 contract

Samples: Credit Agreement (DryShips Inc.)

Reliance on documents and professional advice. Each of the Arranger Arrangers and the Facility Agent shall be entitled to rely on any communication, instrument or document believed by it to be genuine and correct and to have been signed or sent by the proper person and shall be entitled to rely as to legal or other professional matters on opinions and statements of any legal or other professional advisers selected or approved by it (including those in the an Arranger’s or, as the case may be, the Facility Agent’s employment).

Appears in 1 contract

Samples: Agreement (DryShips Inc.)

Reliance on documents and professional advice. Each of the Arranger Arrangers and the Agent shall be entitled to rely on any communication, instrument or document believed by it to be genuine and correct and to have been signed or sent by the proper person and shall be entitled to rely as to legal or other professional matters on opinions and statements of any legal or other professional advisers selected or approved by it (including those in the an Arranger’s 's or, as the case may be, the Agent’s 's employment).

Appears in 1 contract

Samples: Loan Agreement (Diana Shipping Inc.)

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