Common use of Actions Protected Clause in Contracts

Actions Protected. Escrow Agent may rely, and shall be protected in acting or refraining from acting, upon any written notice, waiver, consent, certificate, receipt, authorization, power of attorney, instruction, request or other paper or document (each a “Notice”), furnished to it hereunder and believed by it to be genuine. If Escrow Agent receives a Notice under which some action is to be taken by it, it shall not be required to act thereon until it has had an opportunity, if it so desires and in its sole discretion, to investigate the authenticity of such Notice.

Appears in 7 contracts

Samples: Indemnification Escrow Agreement (Mana Capital Acquisition Corp.), Escrow Agreement (Helbiz, Inc.), Loan Purchase and Sale Agreement (HF Foods Group Inc.)

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