Common use of Good Discharge Clause in Contracts

Good Discharge. (a) Any payment to be made in respect of the obligations owed by the Obligors under the Note by the Collateral Agent may be made to the Administrative Agent on behalf of the Finance Parties.

Appears in 2 contracts

Samples: Secured Note (Flyexclusive Inc.), Senior Secured Note (Flyexclusive Inc.)

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Good Discharge. (a) Any payment to be made in respect of the obligations owed by the Obligors under the Note Credit Agreement by the Collateral Agent Security Trustee may be made to the Administrative Facility Agent on behalf of the Finance Parties.

Appears in 1 contract

Samples: Credit Agreement (SEACOR Marine Holdings Inc.)

Good Discharge. (a) Any payment to be made in respect of the obligations owed by the Obligors under the Note Secured Obligations by the Collateral Agent may be made to the Administrative Agent on behalf of the Finance PartiesLenders and, or to the Notes Trustee on behalf of the Noteholders, or to the relevant Secured Party, as applicable, and any payment made in that way shall be a good discharge, to the extent of that payment, by the Collateral Agent.

Appears in 1 contract

Samples: Credit Agreement Document (Integra Leasing As)

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Good Discharge. (aA) Any payment to be made in respect of the obligations owed Liabilities by the Obligors under the Note by the Collateral Proceeds Agent may be made to the Administrative relevant Agent on behalf of the relevant Finance PartiesParty and any payment made in that way shall be a good discharge, to the extent of that payment, by the Proceeds Agent.

Appears in 1 contract

Samples: Intercreditor Agreement (Kosmos Energy Ltd.)

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