Reliance Letter definition

Reliance Letter means, with respect to any opinion, an executed letter from the issuer of such opinion to the Secured Parties providing that the Secured Parties are permitted to rely on such opinion as if such opinion was addressed to them.

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Reliance Letter a letter to be entered into by the Contractor and a Reliance Party in accordance with clause 9.1 (Reliance and Disclosure).

Reliance Letter shall have the meaning ascribed to such term in Section 4(l).

Examples of Reliance Letter in a sentence

Within 60 days following the Closing Date, the Administrative Agent shall have received a report from a an independent certified public accountant selected by Sponsor, as well as a Reliance Letter with respect to such report, each in form and substance reasonably satisfactory to the Administrative Agent and the Lenders.
The Equipment being purchased with the proceeds of such Borrowing, or that has previously been purchased and is supporting such Borrowing, shall constitute Qualified Equipment and Administrative Agent shall have received a Qualified Appraiser Valuation with respect to such Qualified Equipment, as well as a Reliance Letter with respect to such Qualified Appraiser Valuation, each in form and substance reasonably satisfactory to Administrative Agent and the Lenders.
Administrative Agent shall have received a Qualified Appraiser Valuation as of the Closing Date, as well as a Reliance Letter with respect to such Qualified Appraiser Valuation, each in form and substance reasonably satisfactory to Administrative Agent and the Lenders.

More Definitions of Reliance Letter

Reliance Letter means SBA’s standard reliance letter pertaining to Environmental Investigation Reports, a copy of which is located in Appendix 5. The language in SBA’s standard reliance letter may not be modified. Additionally, Lenders and CDCs should not enter into any agreement that alters the terms of SBA’s standard reliance letter.

Reliance Letter has the meaning set forth in Section 5.2.

Reliance Letter is a directive provided by the Company’s counsel instructing for the Transfer Agent to rely on an external legal opinion, if required, regarding the validity of share issuances under this Agreement if deemed necessary by both parties.

Reliance Letter means any letter in the agreed form from a provider of a Report and which is addressed to the Agent (on behalf of the Finance Parties) pursuant to which the provider of the Report agrees that the Finance Parties are entitled to rely on such Report.

Reliance Letter means SBA’s standard Reliance Letter pertaining to Environmental Investigation Reports, a copy of which is located in Appendix 3.

Reliance Letter means any letter in the agreed form from a provider of a Report and which is addressed to the Security Trustee (on behalf of the Finance Parties and the Mezzanine Finance Parties) or any Arranger on behalf of the Finance Parties and any Mezzanine Arranger on behalf of the Mezzanine Finance Parties or the relevant Finance Parties and the relevant Mezzanine Finance Parties and pursuant to which the provider of the Report agrees that the relevant Finance Parties and the relevant Mezzanine Finance Parties are entitled to rely on such Report subject to and on the terms set out therein.

Reliance Letter means a letter from tax counsel, substantially in the form set forth in Exhibit G (Form of Reliance Letter) that shall accompany a Tax Opinion and shall permit Operator to rely on such Tax Opinion.