RELIANCE ON INSTRUMENTS. The Facility Agent shall be fully entitled to rely on any written instrument delivered to it in accordance with clause (a) or on any Transfer Certificate which is correct and regular on its face as regards its contents and purportedly executed on behalf of the relevant parties thereto and shall have no liability or responsibility to any party as a consequence of placing reliance upon and acting in accordance with any such written instrument or Transfer Certificate.
Appears in 2 contracts
Sources: Loan Agreement (Bema Gold Corp /Can/), Loan Agreement (Bema Gold Corp /Can/)
RELIANCE ON INSTRUMENTS. The Facility Agent shall be fully entitled to rely on any written instrument Instrument delivered to it in accordance with clause (ai) (Assignments) or on any Transfer Certificate which is correct and regular on its face as regards its contents and purportedly executed on behalf of the relevant parties thereto and shall have no liability or responsibility to any party Party as a consequence of placing reliance upon and acting in accordance with any such written instrument Instrument or Transfer Certificate.
Appears in 1 contract
Sources: Loan Agreement (Yamana Gold Inc)
RELIANCE ON INSTRUMENTS. The Facility Agent shall be fully entitled to rely on any written instrument delivered to it in accordance with clause (a) Clause 14.11.1 or on any Transfer Certificate which is correct and regular on its face as regards its contents and purportedly executed on behalf of the relevant parties thereto and shall have no liability or responsibility to any party as a consequence of placing reliance upon and acting in accordance with any such written instrument or Transfer Certificate.. 110
Appears in 1 contract
Sources: Project Term Loan Facility Agreement (Randgold Resources LTD)