Reliance on Notices. The Escrow Agent may rely and shall be protected in acting or refraining from acting upon any written notice, instruction or request furnished to it hereunder and believed by it to be genuine and to have been signed or presented by the proper party or parties. The Escrow Agent may conclusively presume that each of the undersigned representatives of the parties hereto has full power and authority to instruct the Escrow Agent on behalf of that party.
Appears in 2 contracts
Samples: Pledge Agreement (Infinity Capital Group, Inc.), Escrow Agreement (Satellite Enterprises Corp)
Reliance on Notices. The Escrow Agent may rely and shall be protected in acting or refraining from acting upon any written notice, instruction or request furnished to it hereunder and believed by it to be genuine and to have been signed or presented by the proper party or parties. The Escrow Agent may conclusively presume that each of the undersigned representatives of the parties hereto has have full power and authority to instruct the Escrow Agent on behalf of that partythe respective party for which they have signed.
Appears in 2 contracts
Samples: Escrow Agreement (American Cable Tv Investors 5 LTD), Escrow Agreement (American Cable Tv Investors 5 LTD)
Reliance on Notices. The Escrow Agent may rely and shall be protected in acting or refraining from acting upon any written notice, instruction or request furnished to it hereunder and believed by it to be genuine and to have been signed or presented by the proper 2 119 party or parties. The Escrow Agent may conclusively presume that each of the undersigned representatives of the parties hereto has have full power and authority to instruct the Escrow Agent on behalf of that partythe respective party for which they have signed.
Appears in 1 contract
Samples: Escrow Agreement (American Cable Tv Investors 5 LTD)
Reliance on Notices. The Escrow Agent may rely and shall be protected in acting or refraining from acting upon any written notice, instruction or request furnished to it hereunder and believed by it to be genuine and to have been signed or presented by the proper party or parties. The Escrow Agent may conclusively presume that each of the undersigned representatives of the parties hereto has Purchaser and the Sellers have full power and authority to instruct the Escrow Agent on behalf of that party.
Appears in 1 contract
Samples: Escrow Agreement (Scansoft Inc)
Reliance on Notices. The Escrow Agent may rely and shall be protected in acting or refraining from acting upon ------------------- any written notice, instruction request, waiver, consent, receipt or request furnished to it hereunder and other document reasonably believed by it the Escrow Agent to be genuine and to have been signed or presented by the proper party or parties. The Escrow Agent may conclusively presume that each of the undersigned representatives of the parties hereto has full power and authority to instruct the Escrow Agent on behalf of that party.
Appears in 1 contract