Common use of Reliance on Documents etc Clause in Contracts

Reliance on Documents etc. The Deposit Account Agent may rely on and shall be protected in acting in reliance upon any instructions or directions furnished to it in writing or pursuant to any provisions of this Agreement and shall be entitled to treat as genuine, and as the document it purports to be, any letter, paper, or other document furnished to it and believed by it to be genuine and to have been signed and presented by the proper Party or Parties. The Intermediary and/or Issuer shall not include the Deposit Account Agent's name in any document unless such document has been approved in writing by the Deposit Account Agent, except with regard to those documents pertaining to and referring to the Deposit Account Agent's functions as Proceeds holder pursuant to this Agreement.

Appears in 6 contracts

Samples: Offering Deposit Account Agency Agreement (CNS Pharmaceuticals, Inc.), Offering Deposit Account Agency Agreement (CNS Pharmaceuticals, Inc.), Deposit Account Agency Agreement (Soliton, Inc.)

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Reliance on Documents etc. The Deposit Account Agent may rely on and shall be protected in acting in reliance upon any instructions or directions furnished to it in writing or pursuant to any provisions of this Agreement and shall be entitled to treat as genuine, and as the document it purports to be, any letter, paper, or other document furnished to it and believed by it to be genuine and to have been signed and presented by the proper Party or Parties. The Intermediary and/or Issuer shall not include the Deposit Account Agent's ’s name in any document unless such document has been approved in writing by the Deposit Account Agent, except with regard to those documents pertaining to and referring to the Deposit Account Agent's ’s functions as Proceeds holder pursuant to this Agreement.

Appears in 3 contracts

Samples: Offering Deposit Account Agency Agreement (LMP Automotive Holdings Inc.), Offering Deposit Account Agency Agreement (Golden Metropolis International LTD), Offering Deposit Account Agency Agreement (VirTra, Inc)

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Reliance on Documents etc. The Deposit Account Agent may rely on and shall be protected in acting in reliance upon any instructions or directions furnished to it in writing or pursuant to any provisions of this Agreement and shall be entitled to treat as genuine, and as the document it purports to be, any letter, paper, or other document furnished to it and believed by it to be genuine and to have been signed and presented by the proper Party or Parties. The Intermediary and/or Issuer Company and Purchaser shall not include the Deposit Account Agent's ’s name in any document unless such document has been approved in writing by the Deposit Account Agent, except with regard to those documents pertaining to and referring to the Deposit Account Agent's ’s functions as Proceeds holder pursuant to this Agreement.

Appears in 1 contract

Samples: Stock Purchase Agreement (EKIMAS Corp)

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