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.

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.

Examples of Reliance Letter in a sentence

• These mortgage loans, which were originated by multiple parties, were purchased by the Client in multiple bulk transactions or via Reliance Letter and were reviewed by AMC on behalf of such party.

• In the event that the Borrower proposes to replace its transfer agent, the Borrower shall provide, prior to the effective date of such replacement, a fully executed Irrevocable Transfer Agent Reliance Letter in a form as initially delivered pursuant to this Note.

• A penalty of $2,000 per day shall be assessed for each day after the third business day (inclusive of the day of request) until the Transfer Agent Reliance Letter is delivered.

• An Environmental Investigation Report prepared by an Environmental Professional must be accompanied by a Reliance Letter unless the Environmental Investigation consists of an EQ and RSRA.

• Bidders will be required to execute Appendix G - Confidentiality Agreement after the initial shortlist is identified and Appendix G - Non- Reliance Letter after being selected to the final shortlist, prior to entering into final negotiations.

More Definitions of Reliance Letter

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

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 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 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.

Reliance Letter. A letter relating to any Environmental Report addressed to the Buyer (or, if applicable, any Single Purpose Entity) from the environmental consultant that prepared such Environmental Report, in form and substance reasonably acceptable to the Buyer, allowing the Buyer (or such Single Purpose Entity) to rely on such Environmental Report.

Reliance Letter has the meaning set forth in Section 7.13.