Common use of Reliance on certification of clearing system Clause in Contracts

Reliance on certification of clearing system. The Common Representative may call for and shall be at liberty to accept and place full reliance on the facts stated in a certificate or letter of confirmation purporting to be signed on behalf of Interbolsa or any other relevant clearing system in relation to any matter and the Common Representative shall not be liable to the Issuer or any holder of Covered Bonds by reason only of such acceptance or reliance;

Appears in 2 contracts

Samples: Common Representative Appointment Agreement, Common Representative Appointment Agreement

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Reliance on certification of clearing system. The Common Representative may call for and shall be at liberty to accept and place full reliance on the facts stated in a certificate or letter of confirmation purporting to be signed on behalf of Interbolsa either Interbolsa, Euroclear, Clearstream, Luxembourg or any other relevant clearing system in relation to any matter matter, and the Common Representative shall not be liable to the Issuer or any holder of Covered Bonds by reason only of such acceptance or reliance;.

Appears in 1 contract

Samples: Common Representative Appointment Agreement

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Reliance on certification of clearing system. The the Common Representative may call for and shall be at liberty to accept and place full reliance on the facts stated in a certificate or letter of confirmation purporting to be signed on behalf of Interbolsa Interbolsa, Euroclear, Clearstream or any other relevant clearing system in relation to any matter and the Common Representative shall not be liable to the Issuer or any holder of Covered Bonds by reason only of such acceptance or reliance;

Appears in 1 contract

Samples: www.bancomontepio.pt

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