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

Reliance on documents and professional advice. Each of the Security Trustee 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 Security Trustee’s or Agent’s employment).

Appears in 15 contracts

Samples: Facility Agreement (Pyxis Tankers Inc.), Agreement (Navios Maritime Partners L.P.), Agreement (Navios Maritime Acquisition CORP)

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Reliance on documents and professional advice. Each of the Arranger, the Security Trustee 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, Security Trustee’s or Agent’s employment).

Appears in 4 contracts

Samples: Agreement (Navios Maritime Holdings Inc.), Agreement (Navios Maritime Holdings Inc.), Agreement (Navios Maritime Acquisition CORP)

Reliance on documents and professional advice. Each of the Arranger, the Security Trustee 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, the Security Trustee’s or Agent’s employment).

Appears in 3 contracts

Samples: Agreement (Navios Maritime Holdings Inc.), Agreement (Navios Maritime Holdings Inc.), Navios Maritime Acquisition CORP

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Reliance on documents and professional advice. Each of the Arranger, the Security Trustee 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, Security Trustee’s or Agent’s employment).

Appears in 1 contract

Samples: Navios Maritime Partners L.P.

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