Common use of Reliance on Company Statement Clause in Contracts

Reliance on Company Statement. Whenever in the performance of its duties under this Warrant Agreement, the Warrant Agent shall deem it necessary or desirable that any fact or matter be proved or established by the Company prior to taking or suffering any action hereunder, such fact or matter may be deemed to be conclusively proved and established by a statement signed by the President of the Company and delivered to the Warrant Agent, and the Warrant Agent is hereby authorized and directed to apply to such officer for advice and instructions in connection with its duties and responsibilities hereunder. Such certificate will be full authorization to the Warrant Agent for any action taken, suffered or omitted to be taken by it in reliance upon such certificate, and the Warrant Agent will not be liable for any such action taken, suffered or omitted to be taken by it in accordance with any such instructions or pursuant to the provisions of this Warrant Agreement.

Reliance on Company Statement. Whenever in the performance of its duties under this Warrant Agreement, the Warrant Agent shall deem it necessary or desirable that any fact or matter be proved or established by the Company prior to taking or suffering any action hereunder, such fact or matter may be deemed to be conclusively proved and established by a statement signed by the President or Chief Executive Officer of the Company and delivered to the Warrant Agent, and the Warrant Agent is hereby authorized and directed to apply to such officer for advice and instructions in connection with its duties and responsibilities hereunder. Such certificate will be full authorization to the Warrant Agent for any action taken, suffered or omitted to be taken by it in reliance upon such certificate, and the Warrant Agent will not be liable for any such action taken, suffered or omitted to be taken by it in accordance with any such instructions or pursuant to the provisions of this Warrant Agreement.

Reliance on Company Statement. Whenever in the performance of its duties under this Warrant Agreement, the Warrant Agent shall deem it necessary or desirable that any fact or matter be proved or established by the Company prior to taking taking, suffering or suffering omitting to take any action hereunder, such fact or matter (unless other evidence in respect thereof be herein specifically prescribed) may be deemed to be conclusively proved and established by a statement signed by the President Chief Executive Officer or Chairman of the Board of the Company and delivered to the Warrant Agent, ; and such certificate shall be full authorization and protection to the Warrant Agent and the Warrant Agent is hereby authorized and directed to apply to such officer shall incur no liability for advice and instructions or in connection with its duties and responsibilities hereunder. Such certificate will be full authorization to the Warrant Agent for respect of any action taken, suffered or omitted to be taken by it under the provisions of this Agreement in reasonable reliance upon such certificate, and the . The Warrant Agent will shall not be liable for held to have notice of any such action takenchange of authority of any authorized officer, suffered or omitted to be taken by it in accordance with any such instructions or pursuant to the provisions until receipt of this Warrant Agreementwritten notice thereof from Company.

Reliance on Company Statement. Whenever in the performance of its duties under this Warrant Agreement, the Warrant Agent shall deem it necessary or desirable that any fact or matter be proved or established by the Company prior to taking or suffering any action hereunder, such fact or matter (unless other evidence in respect thereof be herein specifically prescribed) may be deemed to be conclusively proved and established by a statement signed by the President an Authorized Officer of the Company and delivered to the Warrant Agent, . The Warrant Agent may rely upon such statement which shall be full authorization and protection to the Warrant Agent and the Warrant Agent is hereby authorized and directed to apply to such officer shall incur no liability for advice and instructions or in connection with its duties and responsibilities hereunder. Such certificate will be full authorization to the Warrant Agent for respect of any action taken, suffered or omitted to be taken by it under the provisions of this Agreement in reliance upon such certificate, and the . The Warrant Agent will not be liable for any shall have no duty to act without such action taken, suffered or omitted to be taken by it a certificate as set forth in accordance with any such instructions or pursuant to the provisions of this Warrant AgreementSection 8.6.1.