Reliance by Bondholders Sample Clauses

Reliance by Bondholders. The Company further acknowledges that its obligations to Bondholders under the Bonds shall be governed by the Common Agreement and secured by the Security Documents and, save in circumstances where the Company has obtained a written waiver of the condition sought to be enforced in accordance with the Common Agreement or such Security Document, the Trustee shall be entitled to rely upon and to enforce (through the Collateral Agent where appropriate and in accordance with their respective terms and the provisions hereof) the aforesaid Common Agreement and the Security Documents, and all further documents and instruments delivered by or on behalf of the Company to the Collateral Agent for the benefit of the Lenders (including the Bondholders).
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Reliance by Bondholders. The Issuer and the Purchaser acknowledge and agree that these representations and warranties are made to induce the Bond Purchaser to purchase the Bonds, and that such representations and warranties and any other representations and warranties made by the Issuer and the Purchaser in this Agreement are made for the benefit of the Bondholders and may be relied upon by the Bondholders.
Reliance by Bondholders. This Loan Agreement is executed in part to induce the purchase by others of the Bonds and, accordingly, all covenants and agreements on the part of the Borrower and Issuer, as set forth in this Loan Agreement, are hereby declared to be for the benefit of the registered owners from time to time of the Bonds.
Reliance by Bondholders. The City and the Authority acknowledge and agree that these representations and warranties are made to induce the Bondholders to purchase the Bonds and that such representations and warranties and any other representations and warranties made by the City or the Authority in this Contract are made for the benefit of the Bondholders and may be relied upon by the Bondholders.

Related to Reliance by Bondholders

  • Reliance by Agent Agent shall be entitled to rely, and shall be fully protected in relying, upon any writing, resolution, notice, consent, certificate, affidavit, letter, telegram, telefacsimile or other electronic method of transmission, telex or telephone message, statement or other document or conversation believed by it to be genuine and correct and to have been signed, sent, or made by the proper Person or Persons, and upon advice and statements of legal counsel (including counsel to Borrowers or counsel to any Lender), independent accountants and other experts selected by Agent. Agent shall be fully justified in failing or refusing to take any action under this Agreement or any other Loan Document unless Agent shall first receive such advice or concurrence of the Lenders as it deems appropriate and until such instructions are received, Agent shall act, or refrain from acting, as it deems advisable. If Agent so requests, it shall first be indemnified to its reasonable satisfaction by the Lenders (and, if it so elects, the Bank Product Providers) against any and all liability and expense that may be incurred by it by reason of taking or continuing to take any such action. Agent shall in all cases be fully protected in acting, or in refraining from acting, under this Agreement or any other Loan Document in accordance with a request or consent of the Required Lenders and such request and any action taken or failure to act pursuant thereto shall be binding upon all of the Lenders (and Bank Product Providers).

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