Common use of Reliance on Judicial Order Clause in Contracts

Reliance on Judicial Order. or Certificate of Liquidating Agent -------------------------------------------------------------- Upon any payment or distribution of assets or securities of a Guarantor referred to in this Section 11, the Arranger and the Lenders shall be entitled to rely upon any order or decree made by any court of competent jurisdiction in which bankruptcy, dissolution, winding-up, liquidation or reorganization proceedings are pending, or upon a certificate of the receiver, trustee in bankruptcy, liquidating trustee, agent or other person making such payment or distribution, delivered to the Arranger or to the Lenders for the purpose of ascertaining the Persons entitled to participate in such distribution, the Lenders of Guarantor Senior Indebtedness of such Guarantor and other indebtedness of such Guarantor, the amount thereof or payable thereon, the amount or amounts paid or distributed thereon and all other facts pertinent thereto or to this Section 11.

Reliance on Judicial Order. or Certificate of Liquidating Agent -------------------------------------------------------------- Upon any payment or distribution of assets or securities of a Guarantor referred to in this Section 118, the Arranger and the Lenders shall be entitled to rely upon any order or decree made by any court of competent jurisdiction in which bankruptcy, dissolution, winding-up, liquidation or reorganization proceedings are pending, or upon a certificate of the receiver, trustee in bankruptcy, liquidating trustee, agent or other person making such payment or distribution, delivered to the Arranger or to the Lenders for the purpose of ascertaining the Persons persons entitled to participate in such distribution, the Lenders holders of Guarantor the Senior Indebtedness of such Guarantor and other indebtedness of such GuarantorBorrower, the amount thereof or payable thereon, the amount or amounts paid or distributed thereon and all other facts pertinent thereto or to this Section 118.

Reliance on Judicial Order. or Certificate of Liquidating Agent -------------------------------------------------------------- -------------------------------------------------------- Agent. Upon any payment or distribution of assets or securities of a Guarantor ----- referred to in this Section 1114, the Arranger and the Lenders shall be entitled to rely upon any order or decree made by any court of competent jurisdiction in which bankruptcy, dissolution, winding-up, liquidation or reorganization proceedings are pending, or upon a certificate of the receiver, trustee in bankruptcy, liquidating trustee, agent or other person making such payment or distribution, delivered to the Arranger or to the Lenders for the purpose of ascertaining the Persons entitled to participate in such distribution, the Lenders of Guarantor Senior Indebtedness of such Guarantor and other indebtedness of such Guarantor, the amount thereof or payable thereon, the amount or amounts paid or distributed thereon and all other facts pertinent thereto or to this Section 1114.

Reliance on Judicial Order. or Certificate of Liquidating Agent -------------------------------------------------------------- Upon any payment or distribution of assets or securities of a Guarantor referred to in this Section 11, the Arranger Agent, subject to the provisions of Section 9 hereof, and the Lenders shall be entitled to rely upon any order or decree made by any court of competent jurisdiction in which any insolvency, bankruptcy, receivership, dissolution, winding-up, liquidation liquidation, reorganization or reorganization proceedings are similar case or proceeding is pending, or upon a certificate of the receiver, trustee in bankruptcy, liquidating trustee, receiver, assignee for the benefit of creditors, agent or other person making such payment or distribution, delivered to the Arranger Agent or to the Lenders Lenders, for the purpose of ascertaining the Persons entitled to participate in such payment or distribution, the Lenders holders of the Guarantor Senior Indebtedness of such Guarantor Debt and other indebtedness Indebtedness of such Guarantor, the amount thereof or payable thereon, the amount or amounts paid or distributed thereon and all other facts pertinent thereto or to this Section 11.

Reliance on Judicial Order. or Certificate of -------------------------------------------- Liquidating Agent -------------------------------------------------------------- Agent. ------------------ Upon any payment or distribution of assets or securities of a Guarantor referred to in this Section 11Article Seven, the Arranger Trustee and the Lenders Holders of the Notes shall be entitled to rely upon any order or decree made by any court of competent jurisdiction in which bankruptcy, dissolution, windingwind- ing-up, liquidation or reorganization proceedings are pending, or upon a certificate of the receiver, trustee in bankruptcy, liquidating trustee, agent or other person making such payment or distribution, delivered to the Arranger Trustee or to the Lenders Holders of the Notes for the purpose of ascertaining the Persons persons entitled to participate in such distribution, the Lenders holders of Guarantor the Senior Indebtedness of such Guarantor and other indebtedness of such Guarantorthe Company, the amount thereof or payable thereon, the amount or amounts paid or distributed thereon and all other facts pertinent thereto or to this Section 11Article Seven.