Common use of Verification Agent Clause in Contracts

Verification Agent. The Seller shall have agreed to pay the Verification Agent fees arising pursuant to the Verification Agent Letter. If any condition specified in this Section 3.01 shall not have been fulfilled when and as required to be fulfilled, this Agreement may be terminated by the Company by notice to the Seller at any time at or prior to the Closing Date, and the Company shall incur no liability as a result of such termination.

Appears in 1 contract

Sources: Master Repurchase Agreement

Verification Agent. The Seller shall have agreed to pay engaged the Verification Agent fees arising pursuant to the Verification Agent Letter. If any condition specified in this Section 3.01 shall not have been fulfilled when and as required to be fulfilled, this Agreement may be terminated by the Company Issuer by notice to the Depositor and by the Depositor by notice to the Seller at any time at or prior to the Closing Date, and the Company Issuer or Depositor, as applicable, shall incur no liability as a result of such termination.

Appears in 1 contract

Sources: Receivables Purchase Agreement (H&r Block Inc)