Common use of Authorization and Reliance Clause in Contracts

Authorization and Reliance. Disclosing Party represents and warrants that it has the authority to disclose Confidential Information to the Receiving Party. Disclosing Party believes in good faith that the Confidential Information to be provided by it hereunder will not be materially misleading, but the Disclosing Party makes no other representation or warranties, express or implied, as to the quality, accuracy, completeness or reliability of the information so disclosed. Disclosing Party, its directors, officers and employees shall have no liability whatsoever with respect to the use of or reliance upon the Confidential Information by the Receiving Party.

Authorization and Reliance. The Disclosing Party represents and warrants that it has the authority to disclose Confidential Information to the Receiving Party. The Disclosing Party believes in good faith that the Confidential Information to be provided by it hereunder will not be materially misleading, but the Disclosing Party makes no other representation or warranties, express or implied, as to the quality, accuracy, completeness completeness, or reliability of the information so disclosed. The Disclosing Party, its directors, officers officers, and employees shall have no liability whatsoever with respect to the use of or reliance upon the Confidential Information by the Receiving Party.