Common use of Reliance on Transfer Certificate Clause in Contracts

Reliance on Transfer Certificate. The Finance Parties and the Obligors shall be fully entitled to rely on any Transfer Certificate delivered to the Agent in accordance with the foregoing provisions of this clause 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 Transferee and none of the Finance Parties 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 Transfer Certificate if it proves to be the case that the same was not authentic or duly authorised.

Appears in 2 contracts

Samples: Supplemental Agreement (Modern Times Group MTG Ab /Publ/ /Adr/), Revolving Credit Facility Agreement (Modern Times Group MTG Ab /Publ/ /Adr/)

AutoNDA by SimpleDocs

Reliance on Transfer Certificate. The Finance Parties and the Obligors Borrower shall be fully entitled to rely on any Transfer Certificate delivered to the Agent in accordance with the foregoing provisions of this clause 18 16 which is complete and regular on its face as regards its contents and purportedly signed on behalf of the relevant Existing Bank Transferor Lender and the Transferee and none of the Finance Parties or the Obligors Borrower shall have any liability or responsibility to any party as a consequence of placing reliance on and acting in accordance with any such Transfer Certificate if it proves to be the case that the same was not authentic or duly authorised.

Appears in 1 contract

Samples: Loan Agreement (Carrier1 International S A)

Reliance on Transfer Certificate. The Finance Parties and the Obligors shall be fully entitled to rely on any Transfer Certificate delivered to the Agent in accordance with the foregoing provisions of this clause 18 17 which is complete and regular on its face as regards its contents and purportedly signed on behalf of the relevant Existing Transferor Bank and the Transferee and none of the Finance Parties 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 Transfer Certificate if it proves to be the case that the same was not authentic or duly authorised.

Appears in 1 contract

Samples: Loan and Note Issuance Agreement (United Pan Europe Communications Nv)

AutoNDA by SimpleDocs

Reliance on Transfer Certificate. The Finance Parties and the Obligors shall be fully entitled to rely on any Transfer Certificate delivered to the Agent in accordance with the foregoing provisions of this clause 18 which is complete and regular on its face as regards its contents and purportedly signed on behalf of the relevant Existing Transferor Bank and the Transferee and none of the Finance Parties 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 Transfer Certificate if it proves to be the case that the same was not authentic or duly authorised.

Appears in 1 contract

Samples: Loan Agreement (United International Holdings Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!