Discharge by Performance Sample Clauses
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Discharge by Performance. Upon the performance, discharge or other fulfilment of the obligations (or any of them) of the Owner under this Deed, such obligation shall absolutely cease and determine save in respect of any antecedent breach.
Discharge by Performance. It takes place when the parties to the contract fulfil their obligations arising under the contract within the time and in the manner prescribed. Discharge by performance may be (1) actual performance or (2) attempted performance. Actual performance is said to have taken place, when each of the parties has done what he had agreed to do under the agreement. When the promisor offers to perform his obligation, but the promisee refuses to accept the performance, it amounts to attempted performance or tender.