Common use of Discharge of Secured Obligations Clause in Contracts

Discharge of Secured Obligations. (a) Any payment to be made in respect of the Secured Obligations by the Security Agent may be made to the Agent on behalf of the Lenders and that payment shall be a good discharge to the extent of that payment, to the Security Agent.

Appears in 10 contracts

Samples: Assignment Agreement (Bristow Group Inc.), Facility Agreement (Bristow Group Inc.), Assignment Agreement (Bristow Group Inc.)

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Discharge of Secured Obligations. (a) Any payment to be made in respect of the Secured Obligations by the Security Agent Trustee may be made to the Agent on behalf of the Lenders and that payment shall be a good discharge to the extent of that payment, to the Security AgentTrustee.

Appears in 8 contracts

Samples: Restated Agreement (HCC Insurance Holdings Inc/De/), Restated Agreement (HCC Insurance Holdings Inc/De/), Export Finance Agreement (Votorantim Pulp & Paper Inc)

Discharge of Secured Obligations. (a) Any payment to be made in respect of the Secured Obligations by the Security Agent Trustee may be made to the Agent on behalf of the Lenders and that payment shall be a good discharge to the extent of that payment, to the Security AgentTrustee.

Appears in 7 contracts

Samples: Facility Agreement (InterXion Holding N.V.), Facility Agreement (InterXion Holding N.V.), Intercreditor Agreement (InterXion Holding N.V.)

Discharge of Secured Obligations. (a) Any payment to be made in respect of the Secured Obligations by the Security Agent may be made to the Facility Agent on behalf of the Lenders and that payment shall be a good discharge to the extent of that payment, to the Security Agent.

Appears in 4 contracts

Samples: Agreement (SunOpta Inc.), Amendment and Restatement Agreement (Visteon Corp), Senior Facilities Agreement (Net 1 Ueps Technologies Inc)

Discharge of Secured Obligations. (a) 33.5.1 Any payment to be made in respect of the Secured Obligations by the Security Agent Trustee may be made to the Agent on behalf of the Lenders and that payment shall be a good discharge to the extent of that payment, to the Security AgentTrustee.

Appears in 3 contracts

Samples: And Restatement Agreement (Validus Holdings LTD), Agreement (Validus Holdings LTD), Agreement (Validus Holdings LTD)

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Discharge of Secured Obligations. (a) Any payment to be made in respect of the Secured Obligations by the Security Agent may be made to the Facility Agent on behalf of the Lenders and that payment shall be a good discharge to the extent of that payment, to the Security Agent.

Appears in 1 contract

Samples: Secured Facility Agreement (SBS Broadcasting S A)

Discharge of Secured Obligations. (a) Any payment to be made in respect of the Secured Obligations by the Security Agent may be made to the Agent on behalf of the Lenders and that payment shall be a good discharge to the extent of that payment, to by the Security Agent.

Appears in 1 contract

Samples: Central European Media Enterprises LTD

Discharge of Secured Obligations. (a) Any payment to be made in respect of the Secured Obligations by the Security Agent may be made to the Paying Agent on behalf of the Lenders and that payment shall be a good discharge to the extent of that payment, to the Security Agent.

Appears in 1 contract

Samples: Hanarotelecom Inc

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