RELIANCE ON DOCUMENTS definition

RELIANCE ON DOCUMENTS. The Note Trustee shall not be responsible for: (i) recitals, statements, warranties or representations of any party contained in any Document or other document entered into in connection therewith and shall assume the accuracy and correctness thereof and the Note Trustee may accept without enquiry, requisition or objection such title as the Issuer may have to the security constituted by the Deed of Charge or any part thereof; or (ii) the execution, legality, effectiveness, adequacy, genuineness, validity or enforceability or admissibility in evidence of any such agreement or other document or security thereby constituted. Notwithstanding the generality of the foregoing, each Noteholder shall be solely responsible for making its own independent appraisal of and investigation into the financial condition, creditworthiness, condition, affairs, status and nature of the Issuer and the Note Trustee shall not at any time have any responsibility for the same and each Noteholder shall not rely on the Note Trustee in respect thereof.
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RELIANCE ON DOCUMENTS. Save as explicitly provided in this Security Trust Deed and any relevant Loan Note Supplement or in the Relevant Document, the Security Trustee shall not be responsible for any of the following, nor for investigating any matter which is the subject of the following: (a) recitals, statements, warranties or representations of any party contained in any Relevant Document or security created pursuant to the terms thereof or other document entered into in connection therewith and shall assume the accuracy and correctness thereof and the Security Trustee may accept without enquiry, requisition or objection such title as the Loan Note Issuer may have to the security constituted by this Security Trust Deed or any relevant Loan Note Supplement or any part thereof; or (b) the execution, legality, effectiveness, adequacy, genuineness, validity or enforceability or admissibility in evidence of any such agreement or other document or security thereby constituted. CONFORMED COPY Notwithstanding the generality of the foregoing, each Secured Creditor shall be solely responsible for making its own independent appraisal of and investigation into the financial condition, creditworthiness, condition, affairs, status and nature of the Loan Note Issuer and the Security Trustee shall not at any time have any responsibility for the same and each Secured Creditor shall not rely on the Security Trustee in respect thereof.
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Examples of RELIANCE ON DOCUMENTS in a sentence

  • RELIANCE ON DOCUMENTS THE CUSTODIAN WILL NOT BE LIABLE FOR ACTIONS TAKEN PURSUANT TO INSTRUCTIONS, NOTICE, REQUEST, CONSENT, CERTIFICATE OR OTHER INSTRUMENT OR PAPER REASONABLY AND IN GOOD FAITH BELIEVED BY IT TO BE GENUINE AND TO HAVE BEEN PROPERLY EXECUTED BY OR ON BEHALF OF THE PORTFOLIO IN ACCORDANCE WITH PROPER INSTRUCTIONS AS DEFINED IN SECTION 4 OF THIS AGREEMENT.

  • SECTION 5.1 RELIANCE ON DOCUMENTS, OPINIONS, ETC.; NO REQUIREMENT FOR EXPENDITURE OF OWN FUNDS.

  • SECTION 5.1 RELIANCE ON DOCUMENTS, OPINIONS, ETC.; NO REQUIREMENT FOR EXPENDITURE OF OWN Funds.

  • RELIANCE ON DOCUMENTS, OPINIONS, ETC......................................................41 SECTION 7.03.

  • RELIANCE ON DOCUMENTS, OPINIONS, ETC................................................37 Section 6.03.

  • RELIANCE ON DOCUMENTS, ETC....................................65 9.05.

  • RELIANCE ON DOCUMENTS, OPINIONS, ETC..........................33 Section 7.03.

  • RELIANCE ON DOCUMENTS; COUNSEL.................................................65 SECTION 10.08.

  • RELIANCE ON DOCUMENTS, OPINIONS, ETC.......................34 SECTION 6.03.

Related to RELIANCE ON DOCUMENTS

  • Exception Documents shall have the meaning set forth in Section 4.2.

  • Verification Documents means, with respect to any Note Owner, a certification from such Note Owner certifying that such Person is in fact, a Note Owner, as well as one additional piece of documentation reasonably satisfactory to the recipient, such as a trade confirmation, account statement, letter from a broker or dealer or other similar document.

  • Application Documents means collectively: (i) the grant application submitted by Grantee, including all exhibits, schedules, appendices and attachments thereto; (ii) all documents, correspondence and other written materials submitted with respect to the grant application; and (iii) all amendments, modifications or supplements to any of the foregoing approved in writing by City.

  • representation agreement means a contract entered into between an Agent and an Athlete or between an Agent and a Club.

  • Solicitation Documents means the Consent Solicitation Statement dated as of March 18, 2005 and the related Consent Form, each as may be amended and supplemented from time to time.