Receipt a Sufficient Discharge to Purchaser. Upon any sale of the Trust Premises or any part thereof or any interest therein, whether pursuant to power of sale, foreclosure or otherwise, the receipt of the Trustee or the officer making the sale under judicial proceedings shall be a sufficient discharge to the purchaser for the purchase money, and such purchaser shall not be obliged to see to the application thereof.
Appears in 4 contracts
Samples: Security Agreement (Sterling Chemicals Inc), Security Agreement and Fixture (Sterling Chemical Inc), Leiner Health Products Inc
Receipt a Sufficient Discharge to Purchaser. Upon any sale of the Trust Premises or any part thereof or any interest therein, whether pursuant to power of sale, foreclosure or otherwise, the receipt of the Trustee Beneficiary or the officer making the sale under judicial proceedings shall be a sufficient discharge to the purchaser for the purchase money, and such purchaser shall not be obliged to see to the application thereof.
Appears in 3 contracts
Samples: Credit Agreement (Applied Medical Corp), Credit Agreement (Applied Medical Corp), Sterling Chemical Inc
Receipt a Sufficient Discharge to Purchaser. Upon any sale of the Trust Premises Collateral or any part thereof or any interest therein, whether pursuant to power of sale, foreclosure or otherwise, the receipt of the Trustee or the officer making the sale under judicial proceedings shall be a sufficient discharge to the purchaser for the purchase money, and such purchaser shall not be obliged to see to the application thereof.
Appears in 2 contracts
Samples: Ensign Group, Inc, Ensign Group, Inc
Receipt a Sufficient Discharge to Purchaser. Upon any sale of ------------------------------------------- the Trust Premises Collateral or any part thereof or any interest therein, whether pursuant to power of sale, foreclosure or otherwise, the receipt of the Trustee Beneficiary or the officer making the sale under judicial proceedings shall be a sufficient discharge to the purchaser for the purchase money, and such purchaser shall not be obliged to see to the application thereof.
Appears in 2 contracts
Receipt a Sufficient Discharge to Purchaser. Upon any sale of the Trust Premises Collateral or any part thereof or any interest therein, whether pursuant to power of sale, foreclosure or otherwise, the receipt of the Trustee Grantee or the officer making the sale under judicial proceedings shall be a sufficient discharge to the purchaser for the purchase money, and such purchaser shall not be obliged to see to the application thereof.
Appears in 2 contracts
Samples: Assignment and Security Agreement (Sterling Chemical Inc), Assignment and Security Agreement (Sterling Chemical Inc)
Receipt a Sufficient Discharge to Purchaser. Upon any ------------------------------------------- sale of the Trust Premises Mortgaged Property or any part thereof or any interest therein, whether pursuant to power of sale, foreclosure or otherwise, the receipt of the Trustee by Mortgagee or the officer making the sale under judicial proceedings of the purchase money therefor shall be a sufficient discharge to the purchaser for the such purchase money, and such purchaser shall not be obliged obligated to see to the application thereof.
Appears in 2 contracts
Samples: Thermatrix Inc, Thermatrix Inc
Receipt a Sufficient Discharge to Purchaser. Upon any sale of the Trust Premises Collateral Security or any part thereof or any interest therein, whether pursuant to foreclosure or power of sale, foreclosure sale or otherwiseotherwise hereunder, the receipt of the Trustee or the officer making the sale under judicial proceedings or of Agent shall be a sufficient discharge to the purchaser for the purchase money, and such purchaser shall not be obliged to see to the application thereof.
Appears in 1 contract
Receipt a Sufficient Discharge to Purchaser. Upon any sale of ------------------------------------------- the Trust Mortgaged Premises or any part thereof or any interest therein, whether pursuant to power of sale, foreclosure or otherwise, the receipt of the Trustee Mortgagee or the officer making the sale under judicial proceedings shall be a sufficient discharge to the purchaser for the purchase money, and such purchaser shall not be obliged to see to the application thereof.
Appears in 1 contract
Samples: Extension and Modification Agreement (Boston Properties Inc)
Receipt a Sufficient Discharge to Purchaser. Upon any sale of the Trust Premises Mortgaged Property or any part thereof or any interest therein, whether pursuant to power of sale, foreclosure or otherwise, the receipt of the Trustee Mortgagee or the officer making the sale under judicial proceedings shall be a sufficient discharge to the purchaser for the purchase money, and such purchaser shall not be obliged to see to the application thereof.
Appears in 1 contract
Samples: New Horizons of Yonkers Inc
Receipt a Sufficient Discharge to Purchaser. Upon any sale of ------------------------------------------- the Trust Premises Collateral or any part thereof or any interest therein, whether pursuant to power of sale, foreclosure or otherwise, the receipt of the Trustee Mortgagee or the officer making the sale under judicial proceedings shall be a sufficient discharge to the purchaser for the purchase money, and such purchaser shall not be obliged to see to the application thereof.
Appears in 1 contract
Samples: Credit Agreement (Aristotle Corp)
Receipt a Sufficient Discharge to Purchaser. Upon any sale of the Trust Premises Collateral or any part thereof or any interest therein, whether pursuant to foreclosure or power of sale, foreclosure sale or otherwiseotherwise hereunder, the receipt of the Trustee or the officer making the sale under judicial proceedings or of the Secured Party shall be a sufficient discharge to the purchaser for the purchase money, and such purchaser shall not be obliged to see to the application thereof.
Appears in 1 contract
Samples: Security Agreement (Divot Golf Corp)
Receipt a Sufficient Discharge to Purchaser. Upon any sale ------------------------------------------- of the Trust Premises Collateral or any part thereof or any interest therein, whether pursuant to power of sale, foreclosure or otherwise, the receipt of the Trustee Mortgagee or the officer making the sale under judicial proceedings shall be a sufficient discharge to the purchaser for the purchase money, and such purchaser shall not be obliged to see to the application thereof.
Appears in 1 contract
Samples: Jorgensen Earle M Co /De/
Receipt a Sufficient Discharge to Purchaser. Upon any sale of the Trust Premises Estate or any part thereof or of any interest therein, whether pursuant to power of sale, foreclosure or otherwise, the receipt of the Trustee or the officer making the sale under judicial or nonjudicial proceedings or of the Indenture Trustee shall be a sufficient discharge to the purchaser for the purchase money, and such purchaser shall not be obliged to see to the application thereof.
Appears in 1 contract
Samples: American Financial Realty Trust
Receipt a Sufficient Discharge to Purchaser. Upon any sale of the Trust Premises Mortgaged Property or any part thereof or any interest therein, whether pursuant to power of sale, foreclosure or otherwise, the receipt of the Trustee Mortgagee or the officer making the sale under judicial proceedings shall be a sufficient discharge to the purchaser for the purchase money, and such purchaser shall not be obliged to see to the application thereof.
Appears in 1 contract
Receipt a Sufficient Discharge to Purchaser. Upon any sale of the Trust Premises Collateral or any part thereof or any interest therein, whether pursuant to power of sale, foreclosure or otherwise, the receipt of the Trustee Mortgagee or the officer making the sale under judicial proceedings shall be a sufficient discharge to the purchaser for the purchase money, and such purchaser shall not be obliged to see to the application thereof.
Appears in 1 contract
Receipt a Sufficient Discharge to Purchaser. Upon any sale of the Trust Premises Indenture Estate or any part thereof or of any interest therein, whether pursuant to foreclosure or power of sale, foreclosure sale or otherwiseotherwise hereunder, the receipt of the Trustee or the officer making the sale under judicial proceedings or of the Indenture Trustee shall be a sufficient discharge to the purchaser for the purchase money, and such purchaser shall not be obliged to see to the application thereof.
Appears in 1 contract
