Common use of Right to Rely on Instructions Clause in Contracts

Right to Rely on Instructions. Escrow Agent may act in reliance upon any ----------------------------- instruction, instrument, or signature reasonably believed by Escrow Agent to be genuine. Escrow Agent may assume that any employee of a party to this Agreement who gives any written notice, request, or instruction has the authority to do so. Escrow Agent will not be required to inquire into the truth or evaluate the merit of any statement or representation contained in any notice or document. Escrow Agent shall not be responsible for failure to act as a result of causes beyond the reasonable control of Escrow Agent.

Appears in 2 contracts

Sources: Agreement and Plan of Merger (Broadbase Software Inc), Merger Agreement (Kana Communications Inc)

Right to Rely on Instructions. Escrow Agent may act in reliance upon any ----------------------------- instruction, instrument, or signature reasonably believed by Escrow Agent to be genuine. Escrow Agent may assume that any employee only the Customer Chairperson, designated contact or officer of a party to this Agreement Contractor and/or Customer who gives any written notice, request, or instruction has the authority to do so. Escrow Agent will not be required to inquire into the truth or evaluate the merit of any statement or representation contained in any notice or document. Escrow Agent shall not be responsible for failure to act as a result of causes beyond the reasonable control of Escrow Agent.

Appears in 2 contracts

Sources: Agreement for Number Portability Administration Center/Service Management System (Neustar Inc), Confidential Treatment Agreement (Neustar Inc)

Right to Rely on Instructions. Escrow Agent may act in reliance upon any ----------------------------- instruction, instrument, or signature reasonably believed by Escrow Agent to be genuine. Escrow Agent may assume that any employee of a party to this Agreement who gives any written notice, request, or instruction has the authority to do so. Escrow Agent will shall not be required to inquire into the truth or evaluate the merit of any statement or representation contained in any notice or document. Escrow Agent shall not be responsible for failure to act as a result of causes beyond the reasonable control of Escrow Agent.

Appears in 1 contract

Sources: License Agreement (Innerspace Corp)

Right to Rely on Instructions. Escrow Agent may act in reliance upon any ----------------------------- instruction, instrument, or signature reasonably believed by Escrow Agent to be genuine. Escrow Agent may assume that any employee of a party Party to this Agreement who gives any written notice, request, or instruction has the authority to do so. Escrow Agent will not be required to inquire into the truth or evaluate the merit of any statement or representation contained in any notice or document. Escrow Agent shall not be responsible for failure to act as a result of causes beyond the reasonable control of Escrow Agent.

Appears in 1 contract

Sources: Three Party Escrow Service Agreement