Common use of Reliance by the Agent Clause in Contracts

Reliance by the Agent. The Agent shall be entitled to rely, and shall not incur any liability in relying, upon any certification, notice or other communication (including those by telephone, telex, telegram, telecopy or e-mail) believed by it to be genuine and correct and to have been signed, sent or made by the proper Person, and upon the advice and statements of the Agent Professionals. The Agent shall have a reasonable and practicable amount of time to act upon any instruction, notice or other communication under any Loan Document, and shall not be liable for any such delay in acting.

Appears in 4 contracts

Samples: Credit Agreement (Milacron Holdings Corp.), Credit Agreement (Milacron Holdings Corp.), Credit Agreement (Milacron Holdings Corp.)

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Reliance by the Agent. The Agent shall be entitled to rely, and shall not incur any liability be fully protected in relying, upon any certification, notice notice, or other communication (including those by telephone, telex, telegram, telecopy telecopy, or e-mail) believed by it to be genuine and correct and to have been signed, sent sent, or made by the proper Person, and upon the advice and statements of the Agent Professionals. The Agent shall have a reasonable and practicable amount of time to act upon any instruction, notice or other communication under any Loan Document, and shall not be liable for any such delay in acting.

Appears in 4 contracts

Samples: Loan and Security Agreement (Amkor Technology Inc), Loan and Security Agreement (Amkor Technology Inc), Loan and Security Agreement (Amkor Technology Inc)

Reliance by the Agent. The Agent shall be entitled to rely, and shall not incur any liability be fully protected in relying, upon any certification, notice or other communication (including those by telephone, telex, telegram, telecopy or e-mail) believed by it in good faith to be genuine and correct and to have been signed, sent or made by the proper Person, and upon the advice and statements of the Agent Professionals. The Agent shall have a reasonable and practicable amount of time to act upon any instruction, notice or other communication under any Loan Document, and shall not be liable for any such delay in acting.

Appears in 3 contracts

Samples: Abl Credit Agreement (Target Hospitality Corp.), Abl Credit Agreement (Target Hospitality Corp.), Abl Credit Agreement (Target Hospitality Corp.)

Reliance by the Agent. The Agent shall be entitled to rely, and shall not incur any liability be fully protected in relying, upon any certificationnote, notice or other communication (including those by telephonewriting, telexresolution, notice, consent, certificate, affidavit, letter, cablegram, telegram, telecopy or e-mail) believed by it to be genuine and correct and to have been signedtelecopy, sent or made by the proper Person, and upon the advice and statements of the Agent Professionals. The Agent shall have a reasonable and practicable amount of time to act upon any instruction, notice or other communication under any Loan Document, and shall not be liable for any such delay in acting.telex or

Appears in 2 contracts

Samples: Credit Agreement (Rare Hospitality International Inc), Credit Agreement (Rare Hospitality International Inc)

Reliance by the Agent. The Agent shall be entitled to rely, and shall not incur any liability in relying, rely upon any certification, notice or other communication (including those any thereof by telephone, telex, telegram, telecopy telephone or e-mailtelecopier) believed by it to be genuine and correct and to have been signed, signed or sent by or made by on behalf of the proper PersonPerson or Persons, and upon the advice and statements of legal counsel, independent accountants and other experts selected by the Agent Professionals. The Agent shall have a reasonable and practicable amount of time to act upon any instruction, notice or other communication under any Loan Document, and shall not be liable for any such delay in actingAgent.

Appears in 1 contract

Samples: Credit Agreement (Matador Resources Co)

Reliance by the Agent. The Agent shall be entitled to rely, and shall not incur any liability in relying, rely upon any certificationcertificate, notice or other communication document (including those by telephone, telexany cable, telegram, telecopy telecopy, or e-mailtelex) or conversation believed by it in good faith to be genuine and correct and to have been signed, sent or made by the proper Person, and upon the advice and statements or on behalf of the Agent Professionals. The Agent shall have a reasonable and practicable amount of time to act upon any instruction, notice or other communication under any Loan Document, and shall not be liable for any such delay in acting.the

Appears in 1 contract

Samples: Loan Agreement (Good Guys Inc)

Reliance by the Agent. The Agent shall be entitled to rely, and shall not incur any liability in relying, rely upon any certification, notice or other communication (including those any thereof by telephone, telex, telegram, telecopy telegram or e-mailcable) believed by it to be genuine and correct and to have been signed, signed or sent by or made by on behalf of the proper PersonPerson or Persons, and upon the advice and statements of the Agent Professionalslegal counsel, independent accountants and other experts selected by it. The Agent shall have a reasonable may deem and practicable amount of time to act upon any instruction, notice or other communication under any Loan Document, and shall not be liable for any such delay in acting.treat each Lender as the holder of

Appears in 1 contract

Samples: Credit Agreement (American Health Properties Inc)

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Reliance by the Agent. The Agent shall be entitled to rely, and shall not incur any liability be fully protected in relying, upon any certificationnote, notice or other communication (including those by telephonewriting, telexresolution, notice, consent, certificate, affidavit, letter, cablegram, telegram, telecopy telecopy, telex or e-mail) teletype message, statement, order or other document or conversation believed by it to be genuine and correct and to have been signed, sent or made by the proper Person, Person or Persons and upon the advice and statements of legal counsel (including counsel to the Agent Professionals. The Agent shall have a reasonable Borrower), the Accountants and practicable amount of time to act upon any instruction, notice or independent accountants and other communication under any Loan Document, and shall not be liable for any such delay in acting.experts selected by the

Appears in 1 contract

Samples: Credit and Term Loan Agreement (Quiksilver Inc)

Reliance by the Agent. (a) The Agent shall be entitled to rely, and shall not incur any liability be fully protected in relying, upon any certificationwriting, notice or other communication (including those by telephoneresolution, notice, consent, certificate, affidavit, letter, telegram, facsimile, telex, telegramor telephone message, telecopy statement, or e-mail) other document or conversation believed by it to be genuine and correct and to have been signed, sent sent, or made by the proper PersonPerson or Persons, and upon the advice and statements of legal counsel (including, without limitation, counsel to any Borrower), independent accountants and other experts selected by the Agent Professionals. The Agent shall have a reasonable and practicable amount of time to act upon any instruction, notice or other communication under any Loan Document, and shall not be liable for any such delay in actingAgent.

Appears in 1 contract

Samples: Loan and Security Agreement (Metals Usa Inc)

Reliance by the Agent. The Agent shall be entitled to rely, and shall not incur any liability be fully protected in relying, upon any certificationNote, notice writing, resolution, notice, consent, certificate, affidavit, letter, telecopy, telex or teletype message, statement, order or other communication (including those by telephone, telex, telegram, telecopy document or e-mail) conversation believed by it to be genuine and correct and to have been signed, sent or made by the proper Person, Person or Persons and upon the advice and statements of legal counsel (including, without limitation, counsel to the Agent ProfessionalsBorrower), independent accountants and other experts selected by the Agent. The Agent shall have a reasonable and practicable amount of time to act upon any instruction, notice or other communication under any Loan Document, and shall not be liable for any such delay in acting.The

Appears in 1 contract

Samples: Credit Agreement (Paxson Communications Corp)

Reliance by the Agent. The Agent shall be entitled to rely, and shall not incur any liability be fully protected in relying, upon any certificationnote, notice or other communication (including those by telephonewriting, resolution, notice, statement, certificate, telex, telegramteletype or telecopier message, telecopy cablegram, radiogram, order or e-mail) believed by it to be genuine and correct and to have been other document or telephone message signed, sent or made by any Person that the Agent believed to be the proper Person, and, with respect to all legal matters pertaining to this Agreement and any other Operative Document and its duties hereunder and thereunder, upon the advice and statements of the Agent Professionals. The Agent shall have a reasonable and practicable amount of time to act upon any instruction, notice or other communication under any Loan Document, and shall not be liable for any such delay in actingcounsel selected by it.

Appears in 1 contract

Samples: Reimbursement Agreement (Central Louisiana Electric Co Inc)

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