Examples of Reliance Parties in a sentence
The Reliance Parties shall have the right at any time to seek and rely upon instructions from the Bankruptcy Court concerning this Agreement, the Plan or any other document executed in connection therewith, and the Reliance Parties shall be entitled to rely upon such instructions in acting or failing to act and shall not be liable for any act taken or not taken in reliance thereon.
The Reliance Parties may consult with counsel and other professionals with respect to matters the Reliance Parties reasonably believe to be in their area of expertise, and any opinion of counsel shall be full and complete authorization and protection in respect of any action taken or not taken by a Reliance Party.
The Consultant hereby confirms, as of the date hereof that the evaluation, conclusions and recommendations contained in the Report are accurate and complete in all material respects.] [The Report has no other purpose and should not be relied on by any other persons or entities other than the Reliance Parties.
This Opinion may not, without our prior written consent, (1) be relied upon by, or reproduced, distributed or furnished to or for, any person or entity other than the Reliance Parties, or (2) be quoted, circulated, or referred to, in whole or in part, in any other document.
The Report has no other purpose and should not be relied on by any other persons or entities other than the Reliance Parties.
The undersigned, a duly authorized representative of Enertis Solar Inc., (the “Consultant”), acknowledges that the Reliance Parties will be relying on the Report, a true, correct and complete copy of which is attached hereto as Appendix A, and the Consultant consents to such reliance.
Each of the Reliance Parties and the Xxxxxx Parties agree that it shall have the right to off-set or set-off any payment due pursuant to this Agreement, the Business Transfer Agreement, or other Ancillary Agreement against any other payment to be made pursuant to this Agreement, the Business Transfer Agreement, or other Ancillary Agreement.
The parties hereto acknowledge that the Reliance Parties have disclosed or will disclose certain confidential information to the Xxxxxx Parties and that the Xxxxxx Parties have disclosed or will disclose certain confidential information to the Reliance Parties, in each case, in connection with the provision of Transition Services.
Our opinions contained herein are rendered solely in connection with the transactions contemplated under the Transaction Documents and may not be relied upon in any manner by any Person other than the addressees hereof, any successor or assignee of any addressee (including successive assignees) and any Person who shall acquire a participation interest in the interest of any Lender (collectively, the "Reliance Parties"), or by any Reliance Party for any other purpose.
Xxxxx Parties and the Reliance Parties (i) expressly waive all rights afforded by any statute that limits the effect of a release with respect to unknown claims, including but not limited to California Civil Code § 1542, (ii) understand the significance of this release of unknown claims and waiver of statutory protection against a release of unknown claims, and (iii) acknowledge and agree that this waiver is an essential and material term of this Agreement.