Common use of Right to Rely Clause in Contracts

Right to Rely. ON INSTRUCTIONS DSI may act in reliance upon any request for release of the Deposit Materials which: a) is presented on Preferred Beneficiary's letterhead; b) specifically refers to the Release Condition under which the Preferred Beneficiary believes it is entitled to the Deposit Materials; c) identifies the date on which Preferred Beneficiary believes the Release Condition has occurred; and d) is signed by a corporate officer of the Preferred Beneficiary.