Opinions and reports definition

Opinions and reports. Any opinion or report of the Pool Auditor required by the Executive Committee shall be addressed to the Executive Committee for the benefit of all Pool Members and to such other person(s) as the Executive Committee may direct and a copy thereof shall be sent by the Executive Committee to each Pool Member and the Director and, if requested and the Executive Committee approves, the Settlement System Administrator and the Pool Funds Administrator (and the Settlement System Administrator and the Pool Funds Administrator shall be entitled to rely upon the same in any legal proceedings (including arbitration)).
Opinions and reports. Any opinion or report of the Pool Auditor required by the Executive Committee shall be addressed to the Executive Committee for the benefit of all Pool Members and to such other person(s) as the Executive Committee may direct (each of whom shall be entitled to rely on it) and a copy thereof shall be sent by the Executive Committee to each Pool Member and the Director and, if requested and the Executive Committee approves, the Settlement System Administrator and the Pool Funds Administrator and, if the Executive Committee so resolves, any Pool Agent (and the Settlement System Administrator and the Pool Funds Administrator and, if the Executive Committee so resolves, any such Pool Agent shall be entitled to rely upon the same in any legal proceedings (including arbitration)).