Common use of Reliance on Information Clause in Contracts

Reliance on Information. In making a determination as to whether a Trigger Event has occurred, the Warranty Provider shall be entitled to rely on reports published or broadcast by media sources believed by the Warranty Provider to be generally reliable and on information provided to the Warranty Provider by any other source believed by the Warranty Provider to be generally reliable; provided that the Warranty Provider reasonably and in good faith believes such information to be accurate and has taken such steps as may be reasonable in the circumstances to attempt to verify such information.

Appears in 5 contracts

Samples: Financial Warranty Agreement (Oppenheimer Principal Protected Trust Ii), Financial Warranty Agreement (Merrill Lynch Principal Protected Trust), Financial Warranty Agreement (Merrill Lynch Principal Protected Trust)

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Reliance on Information. In making a determination as to whether a Trigger Event has occurred, the Warranty Provider shall be entitled to rely on reports published or broadcast by media sources believed by the Warranty Provider to be generally reliable and on information provided to the Warranty Provider by any other source believed by the Warranty Provider to be generally reliable; provided that the Warranty Provider reasonably and in good faith believes such information to be accurate and has taken such steps as may be reasonable in the circumstances to attempt to verify such information.

Appears in 3 contracts

Samples: Financial Warranty Agreement (DWS Target Fund), Financial Warranty Agreement (DWS Target Fund), Financial Warranty Agreement (DWS Target Fund)

Reliance on Information. In making a determination as to whether a Trigger Event has occurred, the Warranty Provider shall be entitled to rely on reports published or broadcast by media sources believed by the Warranty Provider to be generally reliable and on information provided to the Warranty Provider by any other source believed by the Warranty Provider to be generally reliable; provided PROVIDED, that the Warranty Provider reasonably and in good faith believes such information to be accurate and has taken such steps as may be reasonable in the circumstances to attempt to verify such information.

Appears in 1 contract

Samples: Financial Warranty Agreement (Pioneer Protected Principal Plus Fund)

Reliance on Information. In making a determination as to ------------------------ whether a Trigger Event has occurred, the Warranty Provider shall be entitled to rely on reports published or broadcast by media sources believed by the Warranty Provider to be generally reliable and on information provided to the Warranty Provider by any other source believed by the Warranty Provider to be generally reliable; provided that the Warranty Provider reasonably and in good faith believes such information to be accurate and has taken such steps as may be reasonable in under the circumstances to attempt to verify such information.

Appears in 1 contract

Samples: Financial Warranty Agreement (Oppenheimer Principal Protected Trust Ii)

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Reliance on Information. In making a determination as to whether a Trigger Event has occurred, the Warranty Provider shall be entitled to rely on reports published or broadcast by media sources believed by the Warranty Provider to be generally reliable and on information provided to the Warranty Provider by any other source believed by the Warranty Provider to be generally reliable; provided provided, that the Warranty Provider reasonably and in good faith believes such information to be accurate and has taken such steps as may be reasonable in under the circumstances to attempt to verify such information.

Appears in 1 contract

Samples: Financial Warranty Agreement (Oppenheimer Principal Protected Trust)

Reliance on Information. In making a determination as to whether a Trigger Event has occurred, the Warranty Provider shall be entitled to rely on reports published or broadcast by media sources believed by the Warranty Provider to be generally reliable and on information provided to the Warranty Provider by any other source believed by the Warranty Provider to be generally reliable; provided that the Warranty Provider reasonably and in good faith believes such information to be accurate and has taken such steps as may be reasonable in under the circumstances to attempt to verify such information.

Appears in 1 contract

Samples: Financial Warranty Agreement (Oppenheimer Principal Protected Trust Iii)

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