Reliance on Advice of Counsel. In taking any action under this Agreement or any other Transaction Document, the Agent shall be entitled to rely upon the advice of counsel of Agent’s choice and shall be fully protected in acting on such advice whether or not the advice rendered is ultimately determined to have been accurate.
Appears in 3 contracts
Samples: Security Agreement (Nestor Inc), Security Agreement (Nestor Inc), Securities Purchase Agreement (Nestor Inc)
Reliance on Advice of Counsel. In taking any action under this Agreement or any other Transaction Loan Document, the Agent shall be entitled to rely upon the advice of counsel of Agent’s choice and shall be fully protected in acting on such advice whether or not the advice rendered is ultimately determined to have been accurate.
Appears in 3 contracts
Samples: Amended and Restated Security Agreement (Vishay Precision Group, Inc.), Security Agreement (New Enterprise Stone & Lime Co., Inc.), Security Agreement (Vishay Precision Group, Inc.)
Reliance on Advice of Counsel. In taking any action under this Agreement or any other Transaction DocumentAgreement, the Agent shall be entitled to rely upon the advice of counsel of the Agent’s choice and shall be fully protected in acting on such advice whether or not the advice rendered is ultimately determined to have been accurate.
Appears in 3 contracts
Samples: Subsidiary Pledge Agreement (Nestor Inc), Security Agreement (Nestor Inc), Securities Purchase Agreement (Nestor Inc)
Reliance on Advice of Counsel. In taking any action under this Agreement or any other Transaction Document, the Agent shall be entitled to rely upon the advice of counsel of Agent’s 's choice and shall be fully protected in acting on such advice whether or not the advice rendered is ultimately determined to have been accurate.
Appears in 2 contracts
Samples: Security Agreement (Security Devices International Inc.), Security Agreement
Reliance on Advice of Counsel. In taking any action under this Agreement or any other Transaction DocumentXxxxxxx Pledge Agreement, the Agent shall be entitled to rely upon the advice of counsel of Agent’s 's choice and shall be fully protected in acting on such advice whether or not the advice rendered is ultimately determined to have been accurate.
Appears in 1 contract
Samples: Lenfest Pledge Agreement (Lenfest Communications Inc)
Reliance on Advice of Counsel. In taking any action under this Agreement or any other Transaction DocumentAgreement, the Agent shall be entitled to rely upon the advice of counsel of the Agent’s 's choice and shall be fully protected in acting on such advice whether or not the advice rendered is ultimately determined to have been accurate.
Appears in 1 contract
Samples: Security Agreement (Security Devices International Inc.)
Reliance on Advice of Counsel. In taking any action under this Agreement or any other Transaction DocumentLenfxxx Xxxdge Agreement, the Agent shall be entitled to rely upon the advice of counsel of Agent’s 's choice and shall be fully protected in acting on such advice whether or not the advice rendered is ultimately determined to have been accurate.
Appears in 1 contract
Reliance on Advice of Counsel. In taking any action under this Agreement or any other Transaction DocumentSecurity Agreement, the Agent shall be entitled to rely upon the advice of counsel of Agent’s 's choice and shall be fully protected in acting on such advice whether or not the advice rendered is ultimately determined to have -12- 197 been accurate.
Appears in 1 contract
