Common use of Rights of Fiscal Agent Clause in Contracts

Rights of Fiscal Agent. (1) The Fiscal Agent shall be protected and shall incur no liability for or in respect of any action taken or thing suffered by it in reliance upon any Security, notice, direction, consent, certificate, affedavit, statement, or other document to the extent that such communication conforms to the provisions set forth herein, believed by it, in good faith and without negligence, to be genuine and to have been passed or signed by the proper parties.

Appears in 3 contracts

Samples: Fiscal Agency Agreement (Symetra Financial CORP), Fiscal Agency Agreement (Symetra Financial CORP), Fiscal Agency Agreement (Symetra Financial CORP)

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Rights of Fiscal Agent. (1a) The In the absence of gross negligence, willful misconduct or bad faith, the Fiscal Agent may rely and shall be protected and shall incur no liability for in acting or in respect of refraining from acting upon any action taken or thing suffered document reasonably believed by it in reliance upon any Security, notice, direction, consent, certificate, affedavit, statement, or other document to the extent that such communication conforms to the provisions set forth herein, believed by it, in good faith and without negligence, to be genuine and to have been passed signed or signed presented by the proper partiesperson. The Fiscal Agent need not investigate any fact or matter stated in the document.

Appears in 2 contracts

Samples: Fiscal Agency Agreement, Fiscal Agency Agreement (Mbia Inc)

Rights of Fiscal Agent. (1) The Fiscal Agent shall be protected and shall incur no liability for or in respect of any action taken or thing suffered by it in reliance upon any Security, notice, direction, consent, certificate, affedavitaffidavit, statement, or other document to the extent that such communication conforms to the provisions set forth herein, believed by it, in good faith and without negligence, to be genuine and to have been passed or signed by the proper parties.

Appears in 1 contract

Samples: Covenants (Cabot Corp)

Rights of Fiscal Agent. (1) The Fiscal Agent may conclusively rely and shall be fully protected and shall incur no liability for or in respect of any action taken or thing suffered by it in reliance upon any Security, notice, direction, consent, certificate, affedavitaffidavit, statement, or other document to the extent that such communication conforms to the provisions set forth herein, believed by it, in good faith and without negligence, it to be genuine and to have been passed or signed by the proper parties.

Appears in 1 contract

Samples: Fiscal Agency Agreement (White Mountains Insurance Group LTD)

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Rights of Fiscal Agent. (1a) The In the absence of gross negligence or willful misconduct, the Fiscal Agent may rely and shall be protected and shall incur no liability for in acting or in respect of refraining from acting upon any action taken or thing suffered document reasonably believed by it in reliance upon any Security, notice, direction, consent, certificate, affedavit, statement, or other document to the extent that such communication conforms to the provisions set forth herein, believed by it, in good faith and without negligence, to be genuine and to have been passed signed or signed presented by the proper partiesperson. The Fiscal Agent need not investigate any fact or matter stated in the document.

Appears in 1 contract

Samples: Fiscal Agency Agreement (Principal Financial Group Inc)

Rights of Fiscal Agent. (1a) The In the absence of gross negligence or bad faith, the Fiscal Agent may rely and shall be protected and shall incur no liability for in acting or in respect of refraining from acting upon any action taken or thing suffered document reasonably believed by it in reliance upon any Security, notice, direction, consent, certificate, affedavit, statement, or other document to the extent that such communication conforms to the provisions set forth herein, believed by it, in good faith and without negligence, to be genuine and to have been passed signed or signed presented by the proper partiesperson. The Fiscal Agent need not investigate any fact or matter stated in the document.

Appears in 1 contract

Samples: Fiscal Agency Agreement (Metlife Inc)

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