How is Reliance Letter defined in a legal contract?
- Reliance Letter means a written confirmation concerning an opinion, issued by the originator of the opinion, confirming that the Secured Parties can depend on it as if it were directly addressed to them. Seen in 16 SEC filings.
- Reliance Letter means a written document in the agreed form from a provider of a Report, addressed to the Agent on behalf of the Finance Parties, in which the provider of the Report acknowledges that the Finance Parties have the right to depend on the report. Seen in 3 SEC filings.
- Reliance Letter means a written confirmation issued by a third party that the Facility Agent, representing the Lenders, may depend on as authorized by the third party. Seen in 1 SEC filing.
Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.
Search EDGAR for 'Definitions of reliance letter' yourself to verify these results. We are always keen to point people to source documents.
Which definition should you use?
🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.
Genie Definition 1
- Reliance Letter means a written permission from the originator of an opinion or report, allowing specified parties to rely on it as if directed to them.
Relevant Contract Types
Relevant Circumstances
- When third-party validation or opinion is needed
- When a report needs to be used for decision making by other parties
Relevant Sectors
Genie Definition 2
- Reliance Letter means a written confirmation issued by a third party, authorizing specified parties to depend on it.
Relevant Contract Types
Relevant Circumstances
- When third-party endorsement is needed
- When terms of agreements need third-party clarification
Relevant Sectors
Are you creating, reviewing or negotiating a document?
🚀 Try our AI Legal Assistant! It can suggest a definition just for your specific needs (Simply import your contract, then ask it to draft a definition suitable for your document, that's it!)
Reliance Letter means a written permission from the originator of an opinion or report, allowing specified parties to rely on it as if directed to them
Download our whitepaper on the future of AI in Legal
Try using Genie's Free AI Legal Assistant
Generate quality, formatted contracts with AI
Can’t find the right template? Create the bespoke agreement in minutes by conversing with our AI and tailoring to your needs
Let our Legal AI make edits for you
Ask Genie to edit your document in the same way you’d ask a paralegal. Genie makes track changes, and explains its thinking just like a junior lawyer would.
AI review
Can’t find the right template? Create the bespoke agreement in minutes by conversing with our AI and tailoring to your needs
Book your personalised demo now
