Discharge and Satisfaction Sample Clauses

Discharge and Satisfaction. Upon payment or satisfaction in full by the Corporation to the Creditor of all moneys owing hereunder, these presents shall cease and become null and void, but the Creditor shall upon the request of the Corporation, execute and deliver to the Corporation a full release and discharge.
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Discharge and Satisfaction. Upon payment by OCLT to the Investor of all monies due and payable hereunder, this Bond shall cease and become null and void and the Investor shall upon request and the expense of OCLT execute and deliver to OCLT a full release and discharge.
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Discharge and Satisfaction. Upon satisfaction by the Debtor of all obligations of the Debtor owed to the Creditor, the Creditor shall, upon the request and at the expense of the Debtor, execute and deliver to the Debtor such releases and discharges as the Debtor may reasonably require.
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Discharge and Satisfaction. Upon payment by the Company to Roynat of all moneys hereby secured, these presents shall cease and become null and void and the charges and security interests granted by the Company herein shall cease and be of no further effect without any acknowledgement or formality, but Roynat shall upon the request and at the expense of the Company, execute and deliver to the Company a full release and discharge.
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Discharge and Satisfaction. Upon payment by the Co-operative to the Member of all monies due and payable hereunder, this Bond shall cease and become null and void and the Member shall upon request and the expense of the Co-operative execute and deliver to the Co-operative a full release and discharge.
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Discharge and Satisfaction. If the Company shall have first paid to the Holder the principal of this Debenture and all interest and other moneys herby secured at the times and in the manner herein provided, and shall have observed and performed the covenants and undertakings herein contained, then these presents shall cease and become null and void, and the Mortgaged Premises shall revert to and reinvest in the Company without any acknowledgement of satisfaction, release or other act or formality whatever, but the Holder shall, upon the request and at the expense of the Company, execute and deliver to the Company a full release and discharge of the Mortgaged Premises.
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Related to Discharge and Satisfaction

  • Accord and Satisfaction No payment by Tenant or receipt by Landlord of a lesser amount than the rent herein stipulated to be paid shall be deemed to be other than on account of the earliest stipulated rent, nor shall any endorsement or statement on any check or any letter accompanying any check or payment as rent be deemed an accord and satisfaction, and Landlord may accept such check or payment without prejudice to Landlord’s right to recover the balance of such rent or pursue any other remedy provided herein or by law.

  • Satisfaction of Conditions The conditions precedent set out in Section 6.1, Section 6.2 and Section 6.3 shall be conclusively deemed to have been satisfied, waived or released at the Effective Time.

  • Performance of Covenants and Satisfaction of Conditions To use its reasonable best efforts to do and perform all things required to be done or performed under this Agreement by the Company prior to each Closing Date and to satisfy all conditions precedent to the delivery of the Firm Stock and the Optional Stock.

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