Common use of Reliance on advisers Clause in Contracts

Reliance on advisers. The Cash Manager may at the cost of the Issuer in accordance with Clause 7 (Costs and Expenses) consult with legal counsel or other professional advisers of its selection in the event of any dispute or question as to the meaning or construction of any of the provisions hereof or in connection with the performance of its duties hereunder provided that the Cash Manager has used all reasonable skill and care in the selection of such counsel or advisers and it shall incur no liability and shall be fully protected as against the Issuer in acting in accordance with the opinion and advice of such legal counsel or professional advisers.

Appears in 3 contracts

Samples: Cash Management Agreement, Cash Management Agreement, Cash Management Agreement

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Reliance on advisers. β€Œ The Cash Manager may at the cost of the Issuer in accordance with Clause 7 (Costs and Expenses) consult with legal counsel or other professional advisers of its selection in the event of any dispute or question as to the meaning or construction of any of the provisions hereof or in connection with the performance of its duties hereunder provided that the Cash Manager has used all reasonable skill and care in the selection of such counsel or advisers and it shall incur no liability and shall be fully protected as against the Issuer in acting in accordance with the opinion and advice of such legal counsel or professional advisers.

Appears in 1 contract

Samples: Cash Management Agreement

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