Common use of Discharge of Obligation Clause in Contracts

Discharge of Obligation. The obligation of the Defendant, the Insurer and/or Assignee to make each Periodic Payment shall be discharged upon the mailing of a valid check in the amount of such payment to the designated address of the Payee(s) named in Section 2 of this Settlement Agreement.

Appears in 4 contracts

Samples: Settlement Agreement and Release, Settlement Agreement and Release, Sample” Settlement Agreement and Release

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Discharge of Obligation. The obligation of the Defendant, the Insurer and/or Assignee to make each Periodic Payment shall be discharged upon the mailing of a valid check in the amount of such payment payments to the designated address of the Payee(s) named in Section 2 of this Settlement Agreement.

Appears in 2 contracts

Samples: Settlement Agreement and Release, Settlement Agreement and Release

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Discharge of Obligation. The obligation of the Defendant, Insured and/or the Insurer and/or Assignee to make each Periodic Payment shall be discharged upon the mailing of a valid check in the amount of such payment to the designated address of the Payee(s) named in Section 2 of this Settlement Agreement.

Appears in 2 contracts

Samples: Settlement Agreement and Release, Settlement Agreement and Release

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