Common use of Reliance as Safe Harbor Clause in Contracts

Reliance as Safe Harbor. For purposes of this Agreement, the Indemnitee shall be deemed to have acted in good faith and in a manner he reasonably believed to be in or not opposed to the best interests of the Company, or, with respect to any criminal Proceeding, to have had no reasonable cause to believe his conduct was unlawful, if his action is based on (i) the records or books of account of the Company, or another enterprise, including financial statements, (ii) information supplied to him by the officers of the Company or another enterprise in the course of their duties, (iii) the advice of legal counsel for the Company or another enterprise, or of an independent certified public accountant or an appraiser or other expert selected with reasonable care by the Company or another enterprise. The term “

Reliance as Safe Harbor. For purposes of this Agreement, the Indemnitee shall be deemed to have acted in good faith and in a manner he reasonably believed to be in or not opposed to the best interests of the CompanyCorporation, or, with respect to any criminal Proceeding, to have had no reasonable cause to believe his conduct was unlawful, if his action is based on (i) the records or books of account of the CompanyCorporation, or another enterprise, including financial statements, (ii) information supplied to him by the officers of the Company Corporation or another enterprise in the course of their duties, (iii) the advice of legal counsel for the Company Corporation or another enterprise, or of an independent certified public accountant or an appraiser or other expert selected with reasonable care by the Company Corporation or another enterprise. The term “"