Common use of Reliance upon COMPANY Clause in Contracts

Reliance upon COMPANY. COMPANY shall act diligently and promptly in reviewing materials submitted to it by CONSULTANT to enhance timely distribution of the materials and shall inform CONSULTANT of any inaccuracies contained therein within a reasonable time prior to the projected or known publication date The COMPANY acknowledges that the consultant relying exclusively upon the information he receives from the COMPANY and the COMPANY acknowledges that it is responsible for the truthfulness of the information provided to the COMPANY and therefore, the COMPANY agrees to indemnify, defend, release and hold harmless the consultant, its Officers, Directors, Agents, Employees or Assigns from and against any losses, liabilities, damages, deficiencies, costs or expenses (including interest, penalties and reasonable attorneys fees and disbursements) based upon, arising out of or otherwise resulting from the CONSULTANT entering into this Agreement.