Discharge of Payment Obligation Sample Clauses

Discharge of Payment Obligation. Each payment to the State by the trust fund shall discharge and satisfy the Agricultural Contractor’s obligation to pay the amount of such payment to the State. No reimbursement of the trust fund by the Agricultural Contractor for such payments shall be required. However, each Agricultural Contractor shall continue to make deposits to the trust fund matching the amount of each year’s reductions as provided in subdivision (d) of this article so long as the amount in that contractor’s account is less than its share of the Cap.
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Discharge of Payment Obligation. The Company's obligation to make any payments owed to the Executive under this Agreement shall be discharged to the extent such payments are made by the Bank, and the Bank's obligation to make any payments owed to the Executive under this Agreement shall be discharged to the extent such payments are made by the Company.
Discharge of Payment Obligation. Any sum(s) owing by us to you can be paid in cash, banker’s draft or official cheques or a combination of the same or in such other manner which we deem fit are considered as good and sufficient discharge of our payment obligation to you.
Discharge of Payment Obligation. Any payments made by the Trustee to the Trust Beneficiaries shall be in discharge of the Company's obligations under the Supplemental Plans; provided, however, that the Company shall remain liable to the Trust Beneficiaries for all amounts due under the Supplemental Plans to the extent not paid by the Trustee.
Discharge of Payment Obligation. Completion by each Series B Investor of its respective obligations under Section 2.3(a) shall constitute full discharge of its obligations to pay the applicable Purchase Price pursuant to Section 2.1.
Discharge of Payment Obligation. Completion by Bitauto of its obligations under Section 2.3(a) and Section 2.3(b) shall constitute full discharge of its obligations to pay the total consideration pursuant to Section 2.1.
Discharge of Payment Obligation. Completion by Tencent of its obligations under Section 2.3(a)(i) shall constitute full discharge of its obligations to pay the Tencent Purchase Price pursuant to Section 2.1(a). Completion by the Key Holder of its obligations under Section 2.3(b)(i) and Section 2.3(b)(ii)(1) shall constitute full discharge of its obligations to pay the Key Holder Purchase Price pursuant to Section 2.1(b).
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