Common use of Parent’s Reliance Clause in Contracts

Parent’s Reliance. Parent shall not be obliged to inquire into the authority of the Holders Representative, and Parent shall be fully protected in dealing with the Holders Representative in good faith.

Parent’s Reliance. Parent shall not be obliged to inquire into the authority of the Holders RepresentativeRepresentatives, and Parent shall be fully protected in dealing with the Holders Representative Representatives in good faithfaith (including the authority of Lxxxx Xxxxxx pursuant to Section 11.4 above).