Common use of Reliance for Opinions Clause in Contracts

Reliance for Opinions. The Purchaser acknowledges and agrees that the Obligors and, for purposes of the opinions to be delivered to the Purchaser pursuant to Sections 6.1 and 6.2, counsel for the Obligors and counsel for the Purchasers, respectively, may rely, without any independent verification thereof, upon the accuracy of the representations and warranties of the Purchaser, and compliance by the Purchaser with its agreements, contained in Sections 4.1, 4.2 and 4.3, and the Purchaser hereby consents to such reliance.

Appears in 3 contracts

Samples: Purchase Agreement (Quotient LTD), Purchase Agreement, Purchase Agreement (Quotient LTD)

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Reliance for Opinions. The Purchaser acknowledges and agrees that the Obligors Issuer and, for purposes of the opinions to be delivered to the Purchaser pursuant to Sections 6.1 and 6.2, counsel for the Obligors Issuer and counsel for the Purchasers, respectively, may rely, without any independent verification thereof, upon the accuracy of the representations and warranties of the Purchaser, and compliance by the Purchaser with its agreements, contained in Sections 4.1, 4.2 and 4.3, and the Purchaser hereby consents to such reliance.

Appears in 2 contracts

Samples: Purchase Agreement (Aquestive Therapeutics, Inc.), Purchase Agreement (Aquestive Therapeutics, Inc.)

Reliance for Opinions. The Purchaser acknowledges and agrees that the Obligors and, for purposes of the opinions to be delivered to the Purchaser Purchasers pursuant to Sections 6.1 and 6.26.2 (to the extent such opinions relate to exemptions from registration and prospectus requirements under Law), counsel for the Obligors and counsel for the Purchasers, respectively, may rely, without any independent verification thereof, upon the accuracy of the representations and warranties of the Purchaser, and compliance by the Purchaser with its agreements, contained in Sections 4.1, 4.2 4.2, 4.3 and 4.34.4, and the Purchaser hereby consents to such reliance.

Appears in 1 contract

Samples: Purchase Agreement (Sorrento Therapeutics, Inc.)

Reliance for Opinions. The Purchaser acknowledges and agrees that the Obligors and, for purposes of the opinions to be delivered to the Purchaser pursuant to Sections Sections 6.1 and 6.26.2 (to the extent such opinions relate to exemptions from registration and prospectus requirements under Law), counsel for the Obligors and counsel for the Purchasers, respectively, may rely, without any independent verification thereof, upon the accuracy of the representations and warranties of the Purchaser, and compliance by the Purchaser with its agreements, contained in Sections 4.1, 4.2 and 4.3, and the Purchaser hereby consents to such reliance.

Appears in 1 contract

Samples: Purchase Agreement (Egalet Corp)

Reliance for Opinions. The Each Purchaser acknowledges and agrees that the Obligors and, for purposes of the opinions to be delivered to the Purchaser Purchasers pursuant to Sections 6.1 and 6.2Section 6.1, counsel for the Obligors and counsel for the Purchasers, respectively, may rely, without any independent verification thereof, upon the accuracy of the representations and warranties of the PurchaserPurchasers, and compliance by the Purchaser Purchasers with its agreements, contained in Sections 4.1, 4.2 and 4.3, and the each Purchaser hereby consents to such reliance.

Appears in 1 contract

Samples: Purchase Agreement (Quotient LTD)

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Reliance for Opinions. The Purchaser acknowledges and agrees that the Obligors Issuer and Indevus and, for purposes of the opinions to be delivered to the Purchaser pursuant to Sections 6.1 6.2 and 6.26.4 (to the extent such opinions relate to exemptions from registration and prospectus requirements under Applicable Law), counsel for the Obligors Issuer and Indevus and counsel for the Note Purchasers, respectively, may rely, without any independent verification thereof, upon the accuracy of the representations and warranties of the Purchaser, and compliance by the Purchaser with its agreements, contained in Sections 4.1, 4.2 4.1 and 4.34.2, and the Purchaser hereby consents to such reliance.

Appears in 1 contract

Samples: Note Purchase Agreement (Indevus Pharmaceuticals Inc)

Reliance for Opinions. The Each Purchaser acknowledges and agrees that the Obligors and, for purposes of the opinions to be delivered to the such Purchaser pursuant to Sections 6.1 6.2 and 6.26.3, counsel for the Obligors and counsel for the Purchasers, respectively, may rely, without any independent verification thereof, upon the accuracy of the representations and warranties of the such Purchaser, and compliance by the such Purchaser with its agreements, contained in Sections Section 4.1, 4.2 Section 4.2, Section 4.3 and 4.3Section 4.4, and the such Purchaser hereby consents to such reliance.

Appears in 1 contract

Samples: Purchase Agreement (Vivus Inc)

Reliance for Opinions. The Purchaser acknowledges and agrees that the Obligors Issuer and Theravance and, for purposes of the opinions to be delivered to the Purchaser pursuant to Sections 6.1 and 6.26.2 (to the extent such opinions relate to exemptions from registration and prospectus requirements under Applicable Law), counsel for the Obligors Issuer and Theravance and counsel for the Note Purchasers, respectively, may rely, without any independent verification thereof, upon the accuracy of the representations and warranties of the Purchaser, and compliance by the Purchaser with its agreements, contained in Sections 4.1, 4.2 4.2, 4.3 and 4.34.4, and the Purchaser hereby consents to such reliance.

Appears in 1 contract

Samples: Note Purchase Agreement (Theravance Inc)

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