Discharge Claims Sample Clauses
The Discharge Claims clause serves to release one or both parties from liability for certain claims, typically after a specific event or upon fulfillment of contractual obligations. In practice, this clause may apply when a party has completed its duties under the contract, and the other party agrees not to pursue further claims related to those duties, such as payment disputes or performance issues. Its core function is to provide finality and certainty by preventing future disputes over matters that have already been resolved or settled, thereby reducing ongoing legal risk for the parties involved.
Discharge Claims. Lender may discharge claims, demands, liens, security interests, encumbrances and taxes affecting any or all of the Collateral and take such other actions as the Lender determines to be necessary or appropriate to protect the Collateral and the Lender’s security interest therein. Lender, without releasing Debtor or any other Person from any of the Obligations, may perform any of the Obligations in such manner and to such extent as the Lender determines to be necessary or appropriate to protect the Collateral and the Lender’s security interest therein,
Discharge Claims. The Agent may discharge claims, demands, liens, security interests, encumbrances and taxes affecting any or all of the Collateral and take such other actions as the Agent determines to be necessary or appropriate to protect the Collateral and the Agent’s security interest therein. The Agent, without releasing Debtor or any other Person from any of the Obligations, may perform any of the Obligations in such manner and to such extent as the Agent determines to be necessary or appropriate to protect the Collateral and the Agent’s security interest therein.
Discharge Claims. The Administrative Agent may discharge claims, demands, liens, security interests, encumbrances and taxes affecting any or all of the Collateral and take such other actions as the Administrative Agent determines to be necessary or appropriate to protect the Collateral and the Administrative Agent’s security interest therein. The Administrative Agent, without releasing Debtor or any other Person from any of the Obligations, may perform any of the Obligations in such manner and to such extent as the Administrative Agent determines to be necessary or appropriate to protect the Collateral and the Administrative Agent’s security interest therein,
Discharge Claims. Bank may discharge claims, liens, encumbrances and taxes affecting any or all of the Collateral and take such other actions as Bank determines to be necessary or appropriate to protect the Collateral and Bank's security interest therein, Bank, without releasing Debtor or any other party from any of the Obligations, may, but shall not be required to, perform any of the Obligations in such manner and to such extent as Bank determines to be necessary or appropriate to protect the Collateral and Bank's security interest therein.
Discharge Claims. FSW may discharge claims, demands, Liens, security interests, encumbrances and taxes affecting any or all of the Collateral and take such other actions as FSW determines to be necessary or appropriate to protect the Collateral and FSW’s security interest therein. FSW, without releasing Borrower or any other party from any of the Obligations, may perform any of the Obligations in such manner and to such extent as FSW determines to be necessary or appropriate to protect the Collateral and FSW’s security interest therein.
Discharge Claims. Bank may discharge claims, demands, liens, security interests, encumbrances and taxes affecting any or all of the Collateral and take such other actions as Bank determines to be necessary or appropriate to protect the Collateral and Bank's security interest therein. Bank, without releasing Pledgor or any other party from any of the Obligations, may, but shall not be required to, perform any of the Obligations in such manner and to such extent as Bank determines to be necessary or appropriate to protect the Collateral and Bank's security interest therein.
Discharge Claims. The District covenants that in order fully to preserve and protect the priority and security of the Installment Payments, the District shall pay and discharge all lawful claims for labor, materials or supplies which, if unpaid, might become a Lien or charge upon the Revenues or any part thereof or on any funds in the hands of the District equal or superior to the Lien of the Installment Payments or which might impair the security of the Installment Payments. The District shall also pay from Net Revenues, any taxes and assessments or other governmental charges lawfully levied or assessed upon or in respect of the System or upon any part thereof or upon any of the Revenues therefrom, and duly observe and conform to all valid requirements of any governmental authority relative to any such properties. The District will pay and discharge all taxes, assessments and other governmental charges which may hereafter be lawfully imposed upon the System or any part thereof or upon any Revenues when the same shall become due. The District will duly observe and conform with all valid requirements of any
Discharge Claims. Pledgee may discharge claims, demands, liens, security interests, encumbrances and taxes affecting any or all of the Collateral and take such other actions as the Pledgee determines to be necessary or appropriate to protect the Collateral and the Pledgee’s security interest therein. Pledgee, without releasing the Debtor or any other Person from any of the Liabilities, may perform any of the Liabilities in such manner and to such extent as the Pledgee determines to be necessary or appropriate to protect the Collateral and the Pledgee’s security interest therein.
Discharge Claims. RBOC shall timely discharge or provide for the discharge of all claims which it has authorized or incurred for labor, materials and supplies furnished for or in connection with the RBOC Area.