Common use of Reliance on Advice of Counsel Clause in Contracts

Reliance on Advice of Counsel. In taking any action under this Agreement, Lender shall be entitled to rely upon the advice of counsel of Lender'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: General Collateral Assignment and Security Agreement (Cedar Income Fund LTD /Md/), General Collateral (Cedar Income Fund LTD /Md/), General Collateral Assignment and Security Agreement (Cedar Income Fund LTD /Md/)

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Reliance on Advice of Counsel. In taking any action under this AgreementAgreement or any other Loan Document, the Lender shall be entitled to rely upon the advice of counsel of Lender'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 (Ipass Inc)

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