Common use of Acquit Company Clause in Contracts

Acquit Company. Until such time as a written assignment that conforms to all requirements of this Article 9 has been received by and recorded on the books of the Company, any payment by the Company to an assigning Member or his, her or its executors, administrators, or representatives shall acquit the Company of liability to the extent of such payments from any other Person who may have an interest in such payment by reason of an assignment by the Member, such Member's death, or otherwise.

Acquit Company. Until such time as a written assignment that conforms to all requirements of this Article 9 8 has been received by and recorded on the books of the Company, any payment by the Company to an assigning Member or his, her or its his executors, administrators, or representatives shall acquit the Company of liability to the extent of such payments from any other Person who may have an interest in such payment by reason of an assignment by the Member, such Member's ’s death, or otherwise.

Acquit Company. Until such time as a written assignment that conforms to all requirements of this Article 9 7 has been received by and recorded on the books of the Company, any payment by the Company to an assigning Member or his, her or its his executors, administrators, or representatives shall acquit the Company of liability to the extent of such payments from to any other Person person who may have an interest in such payment by reason of an assignment by the Member, such Member's death, or otherwise.