Common use of Verification of Payment Clause in Contracts

Verification of Payment. The Collateral Agent shall have no duty to ascertain whether or not any cash amount or payment has been received by the Company, the Credit Agent or any third person.

Appears in 3 contracts

Samples: Security and Collateral Agency Agreement (Pulte Homes Inc/Mi/), Security Agreement (Pulte Homes Inc/Mi/), Security and Collateral Agency Agreement (Pulte Homes Inc/Mi/)

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Verification of Payment. The Collateral Agent shall have no duty to ascertain whether or not any cash amount or payment has been received by the Company, the Credit Agent or any third person.. (p)

Appears in 1 contract

Samples: Security and Collateral Agency Agreement

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