Common use of Reliance on Substitution Certificate Clause in Contracts

Reliance on Substitution Certificate. The Agent, the Banks, the Arranger, the Security Trustee and the Obligors shall be fully entitled to rely on any Substitution Certificate delivered to the Agent in accordance with the foregoing provisions of this clause 17 which is complete and regular on its face as regards its contents and purportedly signed on behalf of the relevant Existing Bank and the Substitute and none of the Agent, the Banks, the Arranger, the Security Trustee or the Obligors shall have any liability or responsibility to any party as a consequence of placing reliance on and acting in accordance with any such Substitution Certificate if it proves to be the case that the same was not authentic or duly authorised.

Appears in 3 contracts

Samples: Supplemental Agreement (United International Holdings Inc), Supplemental Agreement (United Pan Europe Communications Nv), Supplemental Agreement (United Pan Europe Communications Nv)

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Reliance on Substitution Certificate. The Agent, the Banks, the ArrangerArrangers, the Security Trustee and the Obligors each TCN Entity shall be fully entitled to rely on any Substitution Certificate delivered to the Agent in accordance with the foregoing provisions of this clause 17 which is complete and regular on its face as regards its contents and purportedly signed on behalf of the relevant Existing Bank and the Substitute and none of the Agent, the Banks, the ArrangerArrangers, the Security Trustee or the Obligors each TCN Entity shall have any liability or responsibility to any party as a consequence of placing reliance on and acting in accordance with any such Substitution Substitute Certificate if it proves to be the case that the same was not authentic or duly authorised.

Appears in 2 contracts

Samples: Agreement (Telewest Communications PLC /New/), Loan Agreement (Telewest Communications PLC /New/)

Reliance on Substitution Certificate. The Agent, the Banks, the Arranger, Facility Agent (on behalf of itself and the Security Trustee Agent) and the Obligors Borrowers shall be fully entitled to rely on any Substitution Certificate delivered to the Facility Agent in accordance with the foregoing provisions of this clause 17 16 which is complete and regular on its face as regards its contents and purportedly signed on behalf of the relevant Existing Bank Bank(s) and the Substitute Substitute(s) and none of the Facility Agent, the Banks, Security Agent and the Arranger, the Security Trustee or the Obligors Borrowers shall have any liability or responsibility to any party as a consequence of placing reliance on and acting in accordance with any such Substitution Certificate if it proves to be the case that the same was not authentic or duly authorised.

Appears in 1 contract

Samples: Facilities Agreement (Texas Utilities Electric Co)

Reliance on Substitution Certificate. The Agent, the Banks, the ArrangerArrangers, the Security Trustee and the Obligors shall be fully entitled to rely on any Substitution Certificate delivered to the Agent in accordance with the foregoing provisions of this clause 17 which is complete and regular on its face as regards its contents and purportedly signed on behalf of the relevant Existing Bank and the Substitute and none of the Agent, the Banks, the ArrangerArrangers, the Security Trustee or the Obligors shall have any liability or responsibility to any party as a consequence of placing reliance on and acting in accordance with any such Substitution Certificate if it proves to be the case that the same was not authentic or duly authorised.

Appears in 1 contract

Samples: Joint Venture Agreement (United International Holdings Inc)

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Reliance on Substitution Certificate. The Agent, the Banks, the ArrangerArrangers, the Security Trustee and each member of the Obligors Group shall be fully entitled to rely on any Substitution Certificate delivered to the Agent in accordance with the foregoing provisions of this clause 17 18 which is complete and regular on its face as regards its contents and purportedly signed on behalf of the relevant Existing Bank and the Substitute and none of the Agent, the Banks, the ArrangerArrangers, the Security Trustee or any member of the Obligors Group shall have any liability or responsibility to any party as a consequence of placing reliance on and acting in accordance with any such Substitution Substitute Certificate if it proves to be the case that the same was not authentic or duly authorised.

Appears in 1 contract

Samples: Comcast Uk Cable Partners LTD

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