Reliance by Purchasers’ Agent Sample Clauses
Reliance by Purchasers’ Agent. The Purchasers’ Agent shall be entitled to rely upon any certification, notice or other communication (including any made by telephone, electronic facsimile transmission, and electronic mail message) believed by it to be genuine and correct and to have been signed or sent by or on behalf of the proper person or entity, and upon advice and statements of legal counsel, independent accountants and other experts selected by the Purchasers’ Agent. As to any matters not expressly provided for by any Loan Document, the Purchasers’ Agent shall in all cases be fully protected in acting, or in refraining from acting, under any Loan Document in accordance with instructions given by the Majority-in-Interest of the Notes or all of the Purchasers as is required in such circumstance, and such instructions of such Purchasers and any action taken or failure to act pursuant to such instructions shall be binding on all of the Purchasers.
Reliance by Purchasers’ Agent. Purchasers’ Agent shall be entitled to rely upon, and shall not incur any liability for relying upon, any notice, request, certificate, consent, statement, instrument, document or other writing (including any electronic message, internet or intranet website posting or other distribution) believed by it to be genuine and to have been signed, sent or otherwise authenticated by the proper Person. Purchasers’ 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 Person, and shall not incur any liability for relying thereon. In determining compliance with any condition rendered in connection with the purchase of any Receivables that by its terms must be fulfilled to the satisfaction of Purchasers’ Agent or any Purchaser, Purchasers’ Agent may presume that such condition is satisfactory to Purchasers unless Purchasers’ Agent shall have received notice to the contrary from Purchasers prior to the purchase of such Receivables. Purchasers’ Agent may consult with legal counsel (who may be counsel for Tech Data or any other Company), independent accountants and other experts selected by it, and shall not be liable for any action taken or not taken by it in accordance with the advice of any such counsel, accountants or experts.