Common use of Payment of Distributions Clause in Contracts

Payment of Distributions. After Trustee’s receipt from Cemetery Authority of Cemetery Authority’s request for withdrawal and related documentation as set forth above, Trustee shall pay the amount requested to Cemetery Authority. Trustee shall utilize commercially reasonable efforts to make such payment as soon as possible after such receipt, subject to availability of funds. The amount requested by Cemetery Authority shall be based upon records maintained by Cemetery Authority or its agents. Trustee shall have no responsibility for determining the accuracy of any amounts specified or statements made within Cemetery Authority’s withdrawal request and related documentation. Trustee may rely conclusively on the amounts specified and statements made in Cemetery Authority’s withdrawal request and related documentation. The Cemetery Authority shall indemnify, release and hold Trustee harmless from any liability resulting from such reliance. The Trustee’s only responsibility with regard to such request shall be to verify that the form and manner by which such request is submitted comply with the requirements of this Article, and, where such request does comply with such requirements, to issue payment to Cemetery Authority as directed in the request.

Payment of Distributions. After Trustee’s receipt from Cemetery Authority of Cemetery Authority’s request for withdrawal of Net Income and related documentation as set forth above, Trustee shall pay the amount requested to Cemetery Authority. Trustee shall utilize commercially reasonable efforts to make such payment as soon as possible after such receipt, subject to availability of funds. The amount requested by Cemetery Authority shall be based upon records maintained by Cemetery Authority or its agents. Trustee shall have no responsibility for determining the accuracy of any amounts specified or statements made within Cemetery Authority’s withdrawal request and related documentation. Trustee may rely conclusively on the amounts specified and statements made in Cemetery Authority’s withdrawal request and related documentation. The Cemetery Authority shall indemnify, release and hold Trustee harmless from any liability resulting from such reliance. The Trustee’s only responsibility with regard to such request shall be to verify that the form and manner by which such request is submitted comply with the requirements of this Article, and, where such request does comply with such requirements, to issue payment to Cemetery Authority as directed in the request.

Payment of Distributions. After Trustee’s receipt from Cemetery Authority of Cemetery Authority’s request for withdrawal and related documentation as set forth above, Trustee shall pay the amount requested to Cemetery AuthorityCemetery. Trustee shall utilize commercially reasonable efforts to make such payment as soon as possible after such receipt, subject to availability of funds. The amount requested by Cemetery Authority shall be based upon records maintained by Cemetery Authority or its agents. Trustee shall have no responsibility for determining the accuracy of any amounts specified or statements made within Cemetery AuthorityCemetery’s withdrawal request and related documentation. Trustee may rely conclusively on the amounts specified and statements made in Cemetery AuthorityCemetery’s withdrawal request and related documentation. The Cemetery Authority shall indemnify, release and hold Trustee harmless from any liability resulting from such reliance. The Trustee’s only responsibility with regard to such request shall be to verify that the form and manner by which such request is submitted comply with the requirements of this Article, and, where such request does comply with such requirements, to issue payment to Cemetery Authority as directed in the request.

Payment of Distributions. After Trustee’s Board of Trustees’ receipt from Cemetery Authority of Cemetery Authority’s request for withdrawal of Net Income and related documentation as set forth above, Trustee Board of Trustees shall pay the amount requested to Cemetery Authority. Trustee Board of Trustees shall utilize commercially reasonable efforts to make such payment as soon as possible after such receipt, subject to availability of funds. The amount requested by Cemetery Authority shall be based upon records maintained by Cemetery Authority or its agents. Trustee Board of Trustees shall have no responsibility for determining the accuracy of any amounts specified or statements made within Cemetery Authority’s withdrawal request and related documentation. Trustee Board of Trustees may rely conclusively on the amounts specified and statements made in Cemetery Authority’s withdrawal request and related documentation. The Cemetery Authority shall indemnify, release and hold Trustee Board of Trustees harmless from any liability resulting from such reliance. The Trustee’s Board of Trustees’ only responsibility with regard to such request shall be to verify that the form and manner by which such request is submitted comply with the requirements of this Article, and, where such request does comply with such requirements, to issue payment to Cemetery Authority as directed in the request.