Common use of RIGHTS AND DISCRETIONS OF THE Clause in Contracts

RIGHTS AND DISCRETIONS OF THE. AGENT (a) The Agent may rely on: (i) any representation, notice or document believed by it to be genuine, correct and appropriately authorised; and (ii) any statement made by a director, authorised signatory or employee of any person regarding any matters which may reasonably be assumed to be within his knowledge or within his power to verify.

Appears in 3 contracts

Samples: Senior Facilities Agreement (Messer Griesheim Holding Ag), Credit Agreement (Sappi LTD), Secured Facilities Agreement (Solutia Inc)

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RIGHTS AND DISCRETIONS OF THE. FACILITY AGENT (a) The Facility Agent may rely on: (i) any representation, notice or document believed by it to be genuine, correct and appropriately authorised; and (ii) any statement made by a director, authorised signatory or employee of any person regarding any matters which may reasonably be assumed to be within his knowledge or within his power to verify.

Appears in 1 contract

Samples: Facilities Agreement (Abb LTD)

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