Common use of Reliance by Collateral Agent Clause in Contracts

Reliance by Collateral Agent. Collateral Agent shall be entitled to rely, and shall be fully protected in relying, upon any certification, notice or other communication (including those by telephone, telex, telegram, telecopy or e-mail) believed by it to be genuine and correct and to have been signed, sent or made by the proper Person, and upon the advice and statements of Agent Professionals.

Appears in 9 contracts

Samples: Term Loan Agreement (Apparel Holding Corp.), Term a Loan Agreement (Apparel Holding Corp.), Term Loan Agreement (Apparel Holding Corp.)

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Reliance by Collateral Agent. Collateral Agent shall be entitled to relyrely upon, and shall be fully protected in relyingnot incur any liability for relying upon, upon any certificationnotice, notice request, certificate, consent, statement, instrument, document or other communication writing (including those by telephoneincluding, telexbut not limited to, telegramany electronic message, telecopy internet or e-mailintranet website posting or other distribution) believed by it to be genuine and correct and to have been signed, sent or otherwise authenticated by the proper person. Collateral Agent also may rely upon any statement made to it orally or by telephone and believed by it to have been made by the proper Personperson, and upon the advice and statements of Agent Professionalsshall not incur any liability for relying thereon.

Appears in 2 contracts

Samples: Note and Warrant Purchase Agreement (Odyssey Marine Exploration Inc), Note and Warrant Purchase Agreement (Odyssey Marine Exploration Inc)

Reliance by Collateral Agent. The Trustee, as Collateral Agent Agent, shall be entitled to rely, and shall be fully protected in relying, upon any certificationwriting, notice or other communication (including those by telephoneresolution, telexnotice, consent, certificate, affidavit, letter, cablegram, telegram, telecopy telecopy, telex or e-mail) teletype message, statement, order 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, Person or Persons and upon the advice and statements of Agent Professionalslegal counsel (including, without limitation, counsel to the Issuer), independent accountants and other experts selected by the Trustee, as Collateral Agent.

Appears in 2 contracts

Samples: Indenture (Hanover Compressor Co /), Hanover Compressor Co /

Reliance by Collateral Agent. (a) The Collateral Agent shall be entitled to rely, and shall be fully protected in relying, relying upon any certificationresolution, notice statement, certificate, instrument, opinion, report, notice, request, consent, order or other communication (including those by telephone, telex, telegram, telecopy paper or e-mail) believed by document which it reasonably believes to be genuine and correct and to have been signed, sent signed or made presented by the proper Person, and upon the advice and statements of Agent Professionalsparty or parties.

Appears in 1 contract

Samples: Intercreditor and Collateral Agency Agreement (Safeskin Corp)

Reliance by Collateral Agent. (a) The Collateral Agent shall be entitled to rely, and shall be fully protected in relying, upon any certificationwriting, notice or other communication (including those by telephonecommunication, telexsignature, resolution, representation, notice, consent, certificate, affidavit, letter, telegram, telecopy facsimile, telex or e-mail) 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 PersonPerson or Persons, and upon the advice and statements of Agent Professionals.legal counsel (including counsel to Borrower), independent accountants and other experts selected by the

Appears in 1 contract

Samples: Senior Subordinated Credit Agreement (Quadrant 4 System Corp)

Reliance by Collateral Agent. The Collateral Agent shall be entitled to rely, and shall be fully protected in relying, rely upon any certificationwritten notices, notice statements, certificates, orders or other communication (including those by telephone, telex, telegram, telecopy documents or e-mail) any telephone message believed by it in good faith to be genuine and correct and to have been signed, sent or made by the proper Person, and with respect to all matters pertaining to this Agreement or any of the other Transaction Documents and its duties hereunder or thereunder, upon the advice and statements of Agent Professionalscounsel selected by it.

Appears in 1 contract

Samples: Securities Purchase Agreement (Commercetel Corp)

Reliance by Collateral Agent. The Collateral Agent shall be entitled to rely, and shall be fully protected in relying, upon any certificationwriting, notice or other communication (including those by telephonecommunication, telex, telegram, telecopy or e-mail) believed by it to be genuine and correct and to have been signed, sent or made by the proper Person, and upon the advice and statements of Agent Professionals.signature,

Appears in 1 contract

Samples: Intercreditor and Collateral Agency Agreement (Northwest Pipe Co)

Reliance by Collateral Agent. (a) The Collateral Agent shall be entitled to rely, and shall be fully protected in relying, upon (i) any certificationNote, notice or other communication (including those by telephonewriting, resolution, notice, consent, certificate, affidavit, letter, cablegram, telegram, telex, telegramfax or teletype message, telecopy statement, order or e-mail) other document or conversation believed by it to be genuine and correct and to have been signed, sent or made by the proper Person, person or persons and upon the (ii) advice and statements of Agent Professionalslegal counsel (including, without limitation, counsel to any Grantor), independent accountants and other experts selected by the Collateral Agent.

Appears in 1 contract

Samples: Security Agreement (HC Innovations, Inc.)

Reliance by Collateral Agent. Collateral Agent shall be entitled to rely, and shall be fully protected in relying, rely upon any certification, notice or other communication (including those any thereof by telephone, telecopy, telex, telegram, telecopy telegram or e-mailcable) believed by it to be genuine and correct and to have been signed, signed or sent by or made by on behalf of the proper PersonPerson or Persons, without inquiry or investigation and upon the advice and statements of Agent Professionalslegal counsel, independent accountants and other experts selected by Collateral Agent.

Appears in 1 contract

Samples: Collateral Agency and Intercreditor Agreement (Anchor Glass Container Corp /New)

Reliance by Collateral Agent. The Collateral Agent shall be entitled to rely, and shall be fully protected in relying, rely upon any certification, notice or other communication (including those any thereof by telephone, telex, telegramtelecopier, telecopy telegram or e-mailcable) believed by it to be genuine and correct and to have been signed, signed or sent by or made by on behalf of the proper PersonPerson or Persons, and upon the advice and statements of Agent Professionalslegal counsel, independent accountants and other experts selected by the Collateral Agent.

Appears in 1 contract

Samples: Term Loan Agreement (Mission Resources Corp)

Reliance by Collateral Agent. The Collateral Agent shall be entitled to rely, and shall be fully protected in relying, rely upon any certification, notice notice, or other communication (including those any thereof by telephone, telextelefax, telegram, telecopy or e-mailcable) believed by it to be genuine and correct and to have been signed, signed or sent by or made by on behalf of the proper PersonPerson or Persons, and upon the advice and statements of legal counsel, independent accountants, or other experts selected by the Collateral Agent. As to any matters not expressly provided for by this Agreement or any other Transaction Document, the Collateral Agent Professionalsshall in all cases be fully protected in acting, or in refraining from acting, hereunder and thereunder.

Appears in 1 contract

Samples: Note and Warrant Purchase and Security Agreement (Broadcast International Inc)

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Reliance by Collateral Agent. The Collateral Agent shall be entitled to rely, and shall be fully protected in relying, rely upon any certification, order, judgment, opinion, notice or other communication (including those including, without limitation, any thereof by telephone, telecopy, telex, telegram, telecopy telegram or e-mailcable) believed by it to be genuine and correct and to have been signed, signed or sent by or made by on behalf of the proper Person, and upon the advice and statements of Agent Professionals.proper

Appears in 1 contract

Samples: Pledge Agreement (Life Re Capital Trust Ii)

Reliance by Collateral Agent. The Collateral Agent shall be entitled to rely, and shall be fully protected in relying, upon any certificationnote, notice or other communication (including those by telephonewriting, telexresolution, notice, consent, certificate, affidavit, letter, cablegram, telegram, telecopy telecopy, telex or e-mail) teletype message, statement, order 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, Person or Persons and upon the advice and statements of Agent Professionals.legal counsel (including, without limitation, 110

Appears in 1 contract

Samples: Construction and Term Loan Agreement (NRG Generating U S Inc)

Reliance by Collateral Agent. The Collateral Agent shall be entitled to rely, and shall be fully protected in relying, rely upon any certification, order, judgment, opinion, notice or other communication (including those including, without limitation, any thereof by telephone, telextelecopy, telegram, telecopy telex or e-mailfacsimile) believed by it to be genuine and correct and to have been signed, signed or sent by or made by on behalf of the proper Person, and upon Person or Persons (without being required to determine the advice and statements of Agent Professionals.correctness of

Appears in 1 contract

Samples: Pledge Agreement (MCN Financing Iv)

Reliance by Collateral Agent. The Collateral Agent shall be entitled to rely, and shall be fully protected in relying, rely upon any certification, order, judgment, opinion, notice or other communication (including those including, without limitation, any thereof by telephone, telecopy, telex, telegram, telecopy telegram or e-mailcable) believed by it to be genuine and correct and to have been signed, signed or sent by or made by on behalf of the proper Person, and upon the advice and statements of Agent Professionals.Person or Persons

Appears in 1 contract

Samples: Pledge Agreement (Medpartners Inc)

Reliance by Collateral Agent. Collateral Agent shall be entitled to rely, and shall be fully protected in relying, upon any certification, notice or other communication (including those by telephone, telex, telegram, telecopy facsimile or e-mail) believed by it to be genuine and correct and to have been signed, sent or made by the proper Person, and upon the advice and statements of Collateral Agent Professionals.

Appears in 1 contract

Samples: Note Purchase Agreement (Lime Energy Co.)

Reliance by Collateral Agent. Collateral Agent shall be entitled to rely, and shall be fully protected in relying, upon any certificationwriting, notice or other communication (including those by telephoneresolution, telexnotice, consent, certificate, affidavit, letter, telegram, telecopy facsimile, telex or e-mail) 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, and upon the advice and statements of Agent Professionals.by

Appears in 1 contract

Samples: Deferred Payment Agreement (Leap Wireless International Inc)

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