Not Obligated to Verify. No party relying on a document executed by the Collateral Agent under this Section 3.3 is required to verify the Collateral Agent's authority, inquire into the satisfaction of any conditions or require evidence of the distribution of any funds.
Appears in 4 contracts
Sources: Credit and Security Agreement (CAB East LLC), Credit and Security Agreement (CAB East LLC), Credit and Security Agreement (CAB East LLC)
Not Obligated to Verify. No party relying on a document executed by the Collateral Agent under this Section 3.3 is required to verify the Collateral Agent's ’s authority, inquire into the satisfaction of any conditions or require evidence of the distribution of any funds.
Appears in 3 contracts
Sources: Credit and Security Agreement (CAB East LLC), Credit and Security Agreement (CAB East LLC), Credit and Security Agreement (Ford Credit Auto Lease Trust 2014-A)