Common use of Discharge of payment obligations Clause in Contracts

Discharge of payment obligations. 5.1 Discharge: Credit to Originator. Upon completion of a funds transfer ------------------------------- authorized by Agreement 2.1, the corresponding Payment Obligation of the Originator shall be discharged to the same extent as if such payment had been received in cash. Beneficiary shall credit Originator for the amount of such payment, as of the date the funds transfer was completed.

Appears in 2 contracts

Samples: Services Fulfillment Agreement (Healthcentral Com), Internet Fulfillment Services Agreement (Healthcentral Com)

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Discharge of payment obligations. 5.1 Discharge: Credit to Originator. Upon completion of a funds transfer ------------------------------- authorized by Agreement 2.1Agreementss.2.1, the corresponding Payment Obligation of the Originator shall will be discharged to the same extent as if such payment had been received in cash. Beneficiary shall will credit Originator for the amount of such payment, as of the date the funds transfer was completed.

Appears in 2 contracts

Samples: Internet Fulfillment Services Agreement (Nutripure Com), Internet Fulfillment Services Agreement (Nutripure Com)

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