Common use of Reliance on Hedge Provider Clause in Contracts

Reliance on Hedge Provider. For purposes of applying payments received in accordance with Section 8.5 or any other provision of the Loan Documents, the Administrative Agent shall be entitled to rely upon the trustee, paying agent or other similar representative or, in the absence thereof, upon the holder of the Related Swap Obligations for a determination (which each holder of the Related Swap Obligations agrees (or shall agree) to provide upon request of the Administrative Agent) of the outstanding Related Swap Obligations owed to the holder thereof. Unless it has actual knowledge (including by way of written notice from such holder) to the contrary, the Administrative Agent, in acting hereunder, shall be entitled to assume that no Related Swap Obligations are outstanding.