Common use of Good Discharge Clause in Contracts

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.

Appears in 5 contracts

Sources: Term Loan Facility Agreement (GDS Holdings LTD), Term Loan Facility Agreement (GDS Holdings LTD), Facility Agreement (GDS Holdings LTD)

Good Discharge. An acknowledgement of receipt signed by the relevant person to whom payments are to be made under this Clause will paragraph 19 shall be a good discharge of the Security Agent.

Appears in 4 contracts

Sources: Facility Agreement (Marine Harvest ASA), Facility Agreement (Marine Harvest ASA), Facility Agreement (Marine Harvest ASA)

Good Discharge. An acknowledgement of receipt signed by the relevant person to whom payments are to be made under this Clause will 31 shall be a good discharge of the Security Agent.

Appears in 3 contracts

Sources: Amendment and Restatement Agreement (Cascal N.V.), Amendment and Restatement Agreement (Cascal N.V.), Facility Agreement (Cascal B.V.)

Good Discharge. An acknowledgement acknowledgment of receipt signed by the relevant person to whom payments are to be made under this Clause will 11.1 (Order of Application) shall be good discharge of the Security Agent.

Appears in 3 contracts

Sources: Priority Agreement, Priority Agreement (JSG Funding PLC), Priority Agreement (Smurfit Kappa Acquisitions)

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 Intercreditor Agent.

Appears in 3 contracts

Sources: Intercreditor Agreement (Petersen Energia Inversora, S.A.), Intercreditor Agreement (Petersen Energia, S.A.), Intercreditor Agreement (Repsol Ypf Sa)

Good Discharge. An acknowledgement of receipt signed by the relevant person to whom payments are to be made under this Clause will 29.5 (Proceeds of Enforcement) shall be a good discharge of the Security Agent.

Appears in 2 contracts

Sources: Term Facility Agreement (Enstar Group LTD), Term Facility Agreement (Enstar Group LTD)

Good Discharge. An acknowledgement of receipt signed by the relevant person to whom payments are to be made under this Clause will 30.5 (Proceeds of Enforcement) shall be a good discharge of the Security Agent.

Appears in 2 contracts

Sources: Term Facility Agreement (Enstar Group LTD), Revolving Credit Facility Agreement (Enstar Group LTD)

Good Discharge. An acknowledgement of receipt signed by the relevant person to whom payments are to be made under this Clause will 20 shall be a good discharge of the Security Agent.

Appears in 1 contract

Sources: Intercreditor Agreement (Lyondell Chemical Co)

Good Discharge. An acknowledgement of receipt signed by the relevant person to whom payments are to be made under this Clause will clause 30.5 (Proceeds of Enforcement) shall be a good discharge of the Security Agent.

Appears in 1 contract

Sources: Term Facility Agreement (Enstar Group LTD)

Good Discharge. An acknowledgement of receipt signed by the relevant person to whom payments are to be made under this Clause will 11.1 or Clause 11.2 shall be a good discharge of the Security Agent.

Appears in 1 contract

Sources: Intercreditor Agreement (Valentia Telecommunications)

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 Facility Agent.

Appears in 1 contract

Sources: Term Loan Facility Agreement (China Security & Surveillance Technology, Inc.)

Good Discharge. An acknowledgement of receipt signed by the relevant person to whom payments are to be made under this Clause will 22 shall be a good discharge of the Security Agent.

Appears in 1 contract

Sources: Intercreditor Agreement (Inmarsat Launch CO LTD)

Good Discharge. An acknowledgement of receipt signed by the relevant person to whom payments are to be made under this Clause will 29.5 (Proceeds of Enforcement) shall be a good discharge of the Security Agent.

Appears in 1 contract

Sources: Term Facility Agreement (Enstar Group LTD)

Good Discharge. An acknowledgement of receipt signed by the relevant person to whom payments are to be made under this Clause will 15.1 shall be a good discharge of the Security AgentTrustee.

Appears in 1 contract

Sources: Intercreditor Agreement (Wilshire Real Estate Investment Trust Inc)

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 AgentTrustee.

Appears in 1 contract

Sources: Facility Agreement (Aquaventure Holdings LLC)

Good Discharge. An acknowledgement of receipt signed by the relevant person to whom payments are to be made under this Clause will 11.1 shall be a good discharge of the Security Agent.

Appears in 1 contract

Sources: Priority Agreement (MDCP Acquisitions I)

Good Discharge. An acknowledgement of receipt signed by the relevant person to whom payments are to be made applied under this Clause will discharge the Security AgentTrustee.

Appears in 1 contract

Sources: Intercreditor Deed (British Energy Group PLC)

Good Discharge. An acknowledgement of receipt signed by the relevant person to whom payments are to be made under this Clause will 13 shall be a good discharge of the Security AgentTrustee.

Appears in 1 contract

Sources: Debenture (British Energy Group PLC)