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Common use of Administrative Agent’s Reliance Clause in Contracts

Administrative Agent’s Reliance. Neither the Administrative Agent nor any Lender shall incur any liability to the Borrower (nor shall the Administrative Agent incur any liability to the Lenders) for acting upon any telephonic notice referred to in this Agreement which the Administrative Agent believes in good faith to have been given by a person authorized to deliver such notice or for otherwise acting in good faith hereunder.

Appears in 4 contracts

Samples: Credit Agreement (Shaw Industries Inc), Credit Agreement (Shaw Industries Inc), Credit Agreement (Shaw Industries Inc)