Reasonable Reliance Sample Clauses
Reasonable Reliance. Securities Intermediary shall be fully protected and shall suffer no liability in acting in accordance with any written instructions reasonably believed by it to have been given (i) by Secured Party (or from the Administrator purporting to be acting in its capacity as such) with respect to any aspect of the operation of the Reserve Account (including any such instructions relating to any investment or transfer of any amounts held therein) or (ii) by Pledgor, to the extent provided in Section 4(b), with respect to the Reserve Account.
Reasonable Reliance. In the performance of its duties hereunder, the Shareholders' Representative shall be entitled to rely upon any document or instrument reasonably believed by it to be genuine, accurate as to content and signed by any Holders or GraphOn. The Shareholders' Representative may assume that any person purporting to give any notice in accordance with the provisions hereof has been duly authorized to do so.
Reasonable Reliance. Secured Party shall be fully protected and shall suffer no liability in acting in accordance with any written instructions reasonably believed by it to have been given by Pledgor, to the extent provided in Section 4(b), with respect to any investments of any amounts held for the credit of the Collateral Accounts.
Reasonable Reliance. In the performance of its duties hereunder, Stockholders’ Representative shall be entitled to rely upon any document or instrument reasonably believed by it to be genuine, accurate as to content and signed by any Stockholder (other than a holder of Dissenting Shares), or any Warrant Holder or Option Holder who executes and delivers a Warrants Acknowledgement or an Options Acknowledgement, as the case may be, or Buyer. Stockholders’ Representative may assume that any Person purporting to give any notice in accordance with the provisions hereof has been duly authorized to do so.
Reasonable Reliance. In the performance of its duties hereunder, the Sellers’ Representative shall be entitled to (a) rely upon any document or instrument reasonably believed to be genuine, accurate as to content and signed by any Seller or any party hereunder and (b) assume that any Person purporting to give any notice in accordance with the provisions hereof has been duly authorized to do so.
Reasonable Reliance. Securities Intermediary shall be fully protected and shall suffer no liability in acting in accordance with any written instructions reasonably believed by it to have been given (i) by Secured Party with respect to any aspect of the operation of the Collateral Accounts (including any such instructions relating to any investment or transfer of any amounts held therein), (ii) by Pledgor, to the extent provided in Section 4(b), with respect to the Collateral Accounts, or (iii) by Secured Party originally named herein until such time as Securities Intermediary receives notice of the substitution of Secured Party pursuant to Section 11.
Reasonable Reliance. The Relying Party agrees that it will only rely on the Certificate if the validation procedure against the Certificate is successful and the Relying Party exercises reasonable reliance in the circumstances. The Relying Party further agrees that reasonable reliance is as follows:
a. The Relying Party acts with knowledge of all facts stated in the Certificate, or other information that the Relying Party has or that the Relying Party should know, including knowing the classification of the Certificate issued by Privy, and knowing the applicable Privy CPS;
b. The Relying Party will consider the following before relying on the Certificate:
i. the economic value of the transaction or communication;
ii. potential loss or damage that may be caused by misidentification, loss of confidentiality, or privacy of information in applications, transactions, or communications;
iii. any series of transactions with the Certificate Holder that the Relying Party previously had;
iv. any other form of trade, practice, or method of transaction that is relevant and generally practiced or of which the Relying Party should be aware, when communicating or transacting business through electronic systems;
v. any obligation of the Relying Party that is legally required, including provisions regarding the protection of confidentiality or protection of privacy, or other applicable laws and regulations, to identify a party to a transaction with the Relying Party;
vi. The appropriateness of the use of the Certificate to the intended communication or transaction; and
vii. any other sign of reliability or unreliability, or other facts known or brought to the attention of the Relying Party, relating to the Certificate Holder and/or the application, communication or transaction; and
c. The Relying Party will take other reasonable steps to minimize the risk of relying on invalid, revoked, or expired Certificates. If the Relying Party still requires other considerations as additional warranty for the Certificate Holder's electronic transactions other than the information stated on the Certificate, then the Relying Party must obtain such warranty from the Certificate Holder, prior to the reliance in order for the reliance to be considered as reasonable.
Reasonable Reliance. Lessor and Lessee agree that each party has reasonably relied on the representations and warranties of the other party as set forth in this Lease in making the decision to enter into this Lease.
Reasonable Reliance. (a) In the performance of its duties hereunder, the Stockholders’ Representative shall be entitled to (a) rely upon any signature, document or instrument reasonably believed to be genuine, accurate as to content and signed by any Securityholders or any party hereunder, (b) assume that any Person purporting to give any notice in accordance with the provisions hereof has been duly authorized to do so and (c) rely upon the Consideration Spreadsheet.
(b) Any notice or communication given or received by, and any decision, action, failure to act within a designated period of time, agreement, consent, settlement, resolution or instruction of, the Stockholders’ Representative with respect to any matter within the Stockholders’ Representative’s authorization under this Article XII shall constitute a notice or communication to or by, or a decision, action, failure to act within a designated period of time, agreement, consent, settlement, resolution or instruction of all the Securityholders and shall be final, binding and conclusive upon each such Securityholder; and Buyer, each Buyer Indemnified Party and the Escrow Agent shall be entitled to rely upon any such notice, communication, decision, action, failure to act within a designated period of time, agreement, consent, settlement, resolution or instruction as being a notice or communication to or by, or a decision, action, failure to act within a designated period of time, agreement, consent, settlement, resolution or instruction of, each and every such Securityholder. Buyer, each Buyer Indemnified Party and the Escrow Agent are hereby relieved from any liability to any Person for any acts done by them in accordance with any such notice, communication, decision, action, failure to act within a designated period of time, agreement, consent, settlement, resolution or instruction of the Stockholders’ Representative.
Reasonable Reliance. In the performance of his duties hereunder, the Stockholders’ Representative shall be entitled to rely upon any document or instrument reasonably believed by him to be genuine, accurate as to content and signed by any Stockholder or Ciena. The Stockholders’ Representative may assume that any person purporting to give any notice in accordance with the provisions hereof has been duly authorized to do so.