Good Discharge Sample Clauses

Good Discharge. (a) Any payment to be made in respect of the Secured Liabilities by the Security Agent may be made to the Facility Agent on behalf of the Secured Parties and any payment made in that way shall be a good discharge, to the extent of that payment, by the Security Agent.
Good Discharge. An acknowledgement of receipt signed by the relevant person to whom payments are to be made under this Clause will discharge the Security Agent.
Good Discharge. An acknowledgment of receipt signed by the relevant person to whom payments are to be made under Clause 11.1 (Order of Application) shall be good discharge of the Security Agent.
Good Discharge. Each relevant Holder is entitled to receive payment of any amount due in respect of the Notes to which its Book Entry relates to with the exclusion of all other persons and any payment so made by the Issuer to such Holder in accordance with the Conditions and the Rules to such extent shall be a good discharge to the Issuer and shall discharge the Issuer from all obligations in respect of each such Note.
Good Discharge. (a) Any distribution or payment to be made in respect of the Secured Obligations by the Security Agent shall only be made to the relevant Creditor Representative on behalf of its Primary Creditors and in no event shall the Security Agent have any obligation to make such payment or distribution directly to any Primary Creditor.
Good Discharge. Without prejudice to any other term of this Agreement, any payment by an Obligor to the Facility Agent in accordance with this Clause 17 for a Lender constitutes a discharge of its obligations to that Lender in respect of that payment. Accordingly, no Obligor is liable to the Lender if the Facility Agent fails for any reason to make the corresponding payment to that Lender.