Common use of Reliance on Amendments Clause in Contracts

Reliance on Amendments. Citi may rely on any amendments to or changes in any of the documents and other items to be provided by the Company pursuant to Sections 19 and 21 of this Agreement and, subject to the provisions of Section 7 hereof, the Company hereby indemnifies and holds harmless Citi from and against any and all Losses which may result from actions or omissions on the part of Citi in reasonable reliance upon such amendments and/or changes. Although Citi is authorized to rely on the above-mentioned amendments to and changes in the documents and other items to be provided pursuant to Sections 19 and 21 hereof, in the event the same relate to services provided by Citi hereunder, Citi shall have no liability for failure to comply with or take any action in conformity with such amendments or changes unless the Company first obtains Citi’s written approval of such amendments or changes.

Reliance on Amendments. Citi may rely on any amendments to or changes in any of the documents and other items to be provided by the Company HSBC pursuant to Sections 19 and 21 of this Agreement and, subject to the provisions of Section 7 hereof, the Company HSBC hereby indemnifies and holds harmless Citi from and against any and all Losses which may result from actions or omissions on the part of Citi in reasonable reliance upon such amendments and/or changes. Although Citi is authorized to rely on the above-mentioned amendments to and changes in the documents and other items to be provided pursuant to Sections 19 and 21 hereof, in the event the same relate to services provided by Citi hereunder, Citi shall have no liability for failure to comply with or take any action in conformity with such amendments or changes unless the Company HSBC first obtains Citi’s written approval of such amendments or changes.