Common use of Reliance on Information Clause in Contracts

Reliance on Information. (a) The Note Trustee may in relation to these presents or the Current Issuer Transaction Documents act and rely upon the opinion or advice of, or a certificate or a report or any information obtained from, any lawyer, banker, valuer, surveyor, securities company, broker, auctioneer, accountant or other expert in the United Kingdom or elsewhere, whether obtained by the Current Issuer, the Note Trustee or otherwise, whether or not any of the aforesaid or any engagement letter or other document entered into by the Note Trustee and the relevant person in connection therewith contains any monetary or other limit on the liability of the relevant person and the Note Trustee shall not be responsible for any loss occasioned by so acting or relying on. Any such opinion, advice, certificate or information may be sent or obtained by letter, facsimile reproduction or in any other form and the Note Trustee shall not be liable for acting in good faith on any opinion, advice, certificate or information purporting to be so conveyed although the same shall contain some error or shall not be authentic provided that such error or lack of authenticity is not manifest.

Appears in 11 contracts

Samples: Granite Mortgages 04-1 PLC, Granite Mortgages 03-3 PLC, Granite Mortgages 04-2 PLC

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Reliance on Information. (a) The Note Trustee may in relation to these presents or the Current Issuer Transaction Documents act and rely upon the opinion or advice of, or a certificate or a report or any information obtained from, any lawyer, banker, valuer, surveyor, securities company, broker, auctioneer, accountant or other expert in the United Kingdom or elsewhere, whether obtained by the Current Master Issuer, the Note Trustee or otherwise, whether or not any of the aforesaid or any engagement letter or other document entered into by the Note Trustee and the relevant person in connection therewith contains any monetary or other limit on the liability of the relevant person and the Note Trustee shall not be responsible for any loss occasioned by so acting or relying on. Any such opinion, advice, certificate or information may be sent or obtained by letter, facsimile reproduction or in any other form and the Note Trustee shall not be liable for acting in good faith on any opinion, advice, certificate or information purporting to be so conveyed although the same shall contain some error or shall not be authentic provided that such error or lack of authenticity is not manifest.

Appears in 1 contract

Samples: Granite Finance Trustees LTD

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