Common use of Reliance of the Electronic Agent Clause in Contracts

Reliance of the Electronic Agent. (a) In the absence of bad faith on the part of the Electronic Agent, the Electronic Agent may conclusively rely, as to the truth of the statements and the correctness of the opinions expressed therein, upon any request, instruction, certificate or other document furnished to the Electronic Agent, reasonably believed by the Electronic Agent to be genuine and to have been signed or presented by the proper party or parties and conforming to the requirements of this Agreement. (b) Notwithstanding any contrary information which may be delivered to the Electronic Agent by the Company, the Electronic Agent may conclusively rely on any information or Notice of Default delivered by the Bank, and the Company shall indemnify and hold the Electronic Agent harmless for any and all claims asserted against it for any actions taken in good faith by the Electronic Agent in connection with the delivery of such information or Notice of Default.

Reliance of the Electronic Agent. (a) In the absence of bad faith on the part of the Electronic Agent, the Electronic Agent may conclusively rely, as to the truth of the statements and the correctness of the opinions expressed therein, upon any request, instruction, certificate or other document furnished to the Electronic Agent, reasonably believed by the Electronic Agent to be genuine and to have been signed or presented by the proper party or parties and conforming to the requirements of this Agreement..  (b) Notwithstanding any contrary information which may be delivered to the Electronic Agent by the CompanyBorrower, the Electronic Agent may conclusively rely on any information or Notice of Default delivered by the BankLender, and the Company Borrower shall indemnify and hold the Electronic Agent harmless for any and all claims asserted against it for any actions taken in good faith by the Electronic Agent in connection with the delivery of such information or Notice of Default.. 

Reliance of the Electronic Agent. (a) In the absence of bad faith on the part of the Electronic Agent, the Electronic Agent may conclusively rely, as to the truth of the statements and the correctness of the opinions expressed therein, upon any request, instruction, certificate or other document furnished to the Electronic Agent, reasonably believed by the Electronic Agent to be genuine and to have been signed or presented by the proper party or parties and conforming to the requirements of this Agreement. (b) Notwithstanding any contrary information which may be delivered to the Electronic Agent by the CompanySeller, the Electronic Agent may conclusively rely on any information or Notice of Default Servicing Termination Event delivered by the BankPurchaser, and the Company Seller shall indemnify and hold the Electronic Agent harmless for any and all claims asserted against it for any actions taken in good faith by the Electronic Agent in connection with the delivery of such information or Notice of DefaultServicing Termination Event.

Reliance of the Electronic Agent. (a) In the absence of bad faith on the part of the Electronic Agent, the Electronic Agent may conclusively rely, as to the truth of the statements and the correctness of the opinions expressed therein, upon any request, instruction, certificate or other document furnished to the Electronic Agent, reasonably believed by the Electronic Agent to be genuine and to have been signed or presented by the proper party or parties and conforming to the requirements of this Agreement. (b) . Notwithstanding any contrary information which may be delivered to the Electronic Agent by the CompanyBorrower, the Electronic Agent may conclusively rely on any information or Notice of Default delivered by the BankLender, and the Company Borrower shall indemnify and hold the Electronic Agent harmless for any and all claims asserted against it for any actions taken in good faith by the Electronic Agent in connection with the delivery of such information or Notice of Default.

Reliance of the Electronic Agent. (a) In the absence of bad faith on the part of the Electronic Agent, the Electronic Agent may conclusively rely, as to the truth of the statements and the correctness of the opinions expressed therein, upon any request, instruction, certificate or other document furnished to the Electronic Agent, reasonably believed by the Electronic Agent to be genuine and to have been signed or presented by the proper party or parties and conforming to the requirements of this Agreement. (b) Notwithstanding any contrary information which may be delivered to the Electronic Agent by the CompanySeller, the Electronic Agent may conclusively rely on any information or Notice of Default delivered by the BankBuyer, and the Company Seller shall indemnify and hold the Electronic Agent harmless for any and all claims asserted against it for any actions taken in good faith by the Electronic Agent in connection with the delivery of such information or Notice of Default.

Reliance of the Electronic Agent. (a) In the absence of bad faith on the part of the Electronic Agent, the Electronic Agent may conclusively rely, as to the truth of the statements and the correctness of the opinions expressed therein, upon any request, instruction, certificate or other document furnished to the Electronic Agent, reasonably believed by the Electronic Agent to be genuine and to have been signed or presented by the proper party or parties and conforming to the requirements of this Agreement. (b) Notwithstanding any contrary information which may be delivered to the Electronic Agent by the CompanyBorrower, the Electronic Agent may conclusively rely on any information or Notice of Default delivered by the BankLender, and the Company Borrower shall indemnify and hold the Electronic Agent harmless for any and all claims asserted against it for any actions taken in good faith by the Electronic Agent in connection with the delivery of such information or Notice of Default.