Common use of Good Discharge Clause in Contracts

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

Appears in 23 contracts

Samples: Assignment Agreement (Euroseas Ltd.), Facility Agreement (Okeanis Eco Tankers Corp.), Agreement (Global Ship Lease, Inc.)

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Good Discharge. (a) Any payment to be made in respect of the Secured Liabilities by the Security Agent may be made to the Facility Agent on behalf of the Secured Finance Parties and any payment made in that way shall be a good discharge, to the extent of that payment, by the Security Agent.

Appears in 7 contracts

Samples: Agreement (Advanced Technology (Cayman) LTD), Agreement (Diodes Inc /Del/), Facility Agreement (Navios Maritime Partners L.P.)

Good Discharge. (a) Any distribution or payment to be made in respect of the Secured Liabilities Obligations by the Security Agent may be made to the Facility Agent on behalf of the Secured Parties Lenders and any distribution or payment made in that way shall be a good discharge, to the extent of that paymentpayment or distribution, by the Security Agent.

Appears in 4 contracts

Samples: And Restatement Agreement (Aegean Marine Petroleum Network Inc.), Agreement (Aegean Marine Petroleum Network Inc.), And Restatement Agreement (Aegean Marine Petroleum Network Inc.)

Good Discharge. (a) Any payment to be made in respect of the Secured Liabilities by the Security Agent may be made to the Facility Agent on behalf of the Secured Creditor Parties and any payment made in that way shall be a good discharge, to the extent of that payment, by the Security Agent.

Appears in 4 contracts

Samples: Assignment Agreement (Grindrod Shipping Holdings Ltd.), Facility Agreement (Grindrod Shipping Holdings Pte. Ltd.), Facility Agreement (Scorpio Tankers Inc.)

Good Discharge. (a) Any distribution or payment to be made in respect of the Secured Liabilities Obligations by the Security Agent may be made to the Facility Agent on behalf of the Secured Parties Lenders and the Export Credit Agency and any distribution or payment made in that way shall be a good discharge, to the extent of that paymentpayment or distribution, by the Security Agent.

Appears in 3 contracts

Samples: Sace Facility Agreement (Norwegian Cruise Line Holdings Ltd.), Sace Facility Agreement (Norwegian Cruise Line Holdings Ltd.), Sace Facility Agreement (Norwegian Cruise Line Holdings Ltd.)

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

Appears in 2 contracts

Samples: Agreement (Hamilton Insurance Group, Ltd.), Assignment Agreement (Hamilton Insurance Group, Ltd.)

Good Discharge. (a) Any payment to be made in respect of the Secured Liabilities by the Security Agent may be made to the Facility Agent on behalf of the Secured Finance Parties and the Hedge Counterparties and any payment made in that way shall be a good discharge, to the extent of that payment, by the Security Agent.

Appears in 2 contracts

Samples: Facility Agreement (PCGI Intermediate Holdings LTD), Agreement (PCGI Intermediate Holdings LTD)

Good Discharge. (a) Any distribution or payment to be made in respect of the Secured Liabilities Obligations by the Security Agent may be made to the Facility Agent on behalf of the Secured Parties and any payment made in that way shall be a good discharge, to the extent of that payment, by the Security AgentFinance Parties.

Appears in 2 contracts

Samples: Agreement (Danaos Corp), Facility Agreement (Hoegh LNG Partners LP)

Good Discharge. (a) 40.5.1 Any payment to be made in respect of the Secured Liabilities Obligations by the Security Agent Trustee may be made to the Facility Agent on behalf of the Secured Parties Lenders and to the Agent on behalf of the Hedge Counterparties and any payment made in that way shall be a good discharge, to the extent of that payment, by the Security AgentTrustee.

Appears in 2 contracts

Samples: And Restatement Agreement (MIE Holdings Corp), Shares Purchase Agreement (MIE Holdings Corp)

Good Discharge. (a) Any payment or distribution to be made in respect of any of the Secured Liabilities Obligations by the Security Agent to a Finance Party (other than itself) may be made to the Facility Agent on behalf of the Secured Parties such Finance Party and any payment made in that way shall be a good discharge, to the extent of that paymentpayment or distribution, by the Security Agent.

Appears in 2 contracts

Samples: Security Trust (SinoTech Energy LTD), Security Trust (SinoTech Energy LTD)

Good Discharge. (a) Any distribution or payment to be made in respect of the Secured Liabilities by the Security Agent may will be made to the Facility Agent on behalf of the relevant Secured Parties and any payment made in that way shall be a good discharge, to the extent of that payment, by the Security AgentParties.

Appears in 2 contracts

Samples: Intercreditor Agreement (LumiraDx LTD), Intercreditor Agreement (LumiraDx LTD)

Good Discharge. (a) Any payment to be made in respect of the Secured Liabilities Obligations by the Security Agent Trustee may be made to the Facility Agent on behalf of the Secured Parties Senior Lenders or the Hedging Banks, or directly to the Subordinated Lenders and any payment made in that way shall be a good discharge, to the extent of that payment, by the Security AgentTrustee.

Appears in 2 contracts

Samples: Agreement (Fx Energy Inc), Agreement (Fx Energy Inc)

Good Discharge. (aA) Any payment to be made in respect of the Secured Liabilities by the Security and Intercreditor Agent may be made to the Facility relevant Agent on behalf of the Secured Parties a Finance Party and any payment made in that way shall be a good discharge, to the extent of that payment, by the Security and Intercreditor Agent.

Appears in 2 contracts

Samples: Intercreditor and Security Sharing Agreement (Kosmos Energy Ltd.), Agreement (Kosmos Energy Ltd.)

Good Discharge. (a) Any payment to be made in respect of the Secured Liabilities obligations and liabilities secured by the Security Documents by the Security Agent may be made to the Facility Agent on behalf of the Secured Finance Parties and any payment made in that way shall will be a good discharge, to the extent of that payment, by the Security Agent.

Appears in 2 contracts

Samples: Credit Agreement (IHS Holding LTD), Facility Agreement (IHS Holding LTD)

Good Discharge. (a) Any distribution or payment to be made in respect of the Secured Liabilities Obligations by the Security Agent may be made to the Facility Administrative Agent on behalf of the Secured Parties and any distribution or payment made in that way shall be a good discharge, to the extent of that paymentpayment or distribution, by the Security Agent.

Appears in 1 contract

Samples: Facility Agreement (Cobalt International Energy, Inc.)

Good Discharge. (a) Any distribution or payment to be made in respect of the Secured Liabilities Obligations by the Security Agent may be made to the Facility Agent on behalf of the Secured Parties and any distribution or payment made in that way shall be a good discharge, to the extent of that paymentpayment or distribution, by the Security Agent.

Appears in 1 contract

Samples: Agreement

Good Discharge. (a) 7.35.1 Any distribution or payment to be made in respect of the Secured Liabilities by the Security Agent may be made to the Facility Investment Agent on behalf of the Secured Parties Participants and any distribution or payment made in that way shall be a good discharge, to the extent of that paymentpayment or distribution, by the Security Agent.

Appears in 1 contract

Samples: Investment Agency Agreement (Brooge Holdings LTD)

Good Discharge. (a) Any payment to be made in respect of the Secured Liabilities Finance Documents by the Security Agent may be made to the Facility Paying Agent on behalf of the Secured Parties its Lenders and any payment made in that way shall be a good discharge, to the extent of that payment, by the Security Agent.

Appears in 1 contract

Samples: Facility Agreement (Spansion Inc.)

Good Discharge. (a) Any payment to be made in respect of the Secured Liabilities by the Security Agent may be made to the Facility Agent on behalf of the Secured Finance Parties and any payment made in that way shall be a good discharge, to the extent of that payment, by the Security Agent.

Appears in 1 contract

Samples: Agreement (Cboe Global Markets, Inc.)

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Good Discharge. (a) 29.6.1 Any payment to be made in respect of the Secured Liabilities by the Security Agent may be made to the Facility Agent on behalf of the Secured Finance Parties and any payment made in that way shall be a good discharge, to the extent of that payment, by the Security Agent.

Appears in 1 contract

Samples: Facilities Agreement (Elbit Imaging LTD)

Good Discharge. (a) Any payment to be made in respect of the Secured Liabilities Obligations by the Security Agent may be made to the Facility Agent on behalf of the Secured Parties Lenders or (as applicable) the Overdraft Provider and any payment made in that way shall be a good discharge, to the extent of that payment, by the Security Agent.

Appears in 1 contract

Samples: Restatement Agreement (Hanover Insurance Group, Inc.)

Good Discharge. (a) Any payment to be made in respect of the Secured Liabilities Obligations by the Security Agent Agent: (i) may be made to the Facility Agent relevant Representative on behalf of its Creditors; or (ii) shall be made directly to the Secured Parties Hedge Counterparties or the Cash Management Providers, as applicable, and any payment made in that way shall be a good discharge, to the extent of that payment, by the Security Agent.

Appears in 1 contract

Samples: Intercreditor Agreement (Nord Anglia Education, Inc.)

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

Appears in 1 contract

Samples: Agreement (Mohegan Tribal Gaming Authority)

Good Discharge. (a) Any distribution or payment to be made in respect of the Secured Liabilities Obligations by the Security Agent may be made to the Facility Agent on behalf of the Secured Parties Lenders and the Export Credit Agency and any distribution or payment made in that way shall be a good discharge, to the extent of that paymentpayment or distribution, by the Security Agent.. 174

Appears in 1 contract

Samples: Sace Facility Agreement (Norwegian Cruise Line Holdings Ltd.)

Good Discharge. (a) 10.35.1 Any distribution or payment to be made in respect of the Secured Liabilities by the Security Agent may be made to the Facility Investment Agent on behalf of the Secured Parties and any distribution or payment made in that way shall be a good discharge, to the extent of that paymentpayment or distribution, by the Security Agent.

Appears in 1 contract

Samples: Brooge Holdings LTD

Good Discharge. (a) Any distribution or payment to be made in respect of the Secured Liabilities Obligations by the Security Agent may be made to the Facility Agent on behalf of the Secured Parties Lenders and any distribution or payment made in that way shall be a good discharge, to the extent of that paymentpayment or distribution, by the Security Agent.

Appears in 1 contract

Samples: Facility Agreement (Ozon Holdings PLC)

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

Appears in 1 contract

Samples: Assignment Agreement (Ocean Rig UDW Inc.)

Good Discharge. (a) 42.5.1 Any payment to be made in respect of the Secured Liabilities Obligations by the Security Agent Trustee may be made to the Facility Agent on behalf of the Secured Parties Lenders and to the Agent on behalf of the Hedge Counterparties and any payment made in that way shall be a good discharge, to the extent of that payment, by the Security AgentTrustee.

Appears in 1 contract

Samples: Facility Agreement (Ivanhoe Energy Inc)

Good Discharge. (a) Any payment to be made in respect of the Secured Liabilities Obligations by the Security Agent may be made to the Facility relevant Agent on behalf of its Lenders and to the First Ranking Agent on behalf of the Secured Parties Hedge Providers and any payment made in that way shall be a good discharge, to the extent of that payment, by the Security Agent.

Appears in 1 contract

Samples: Intercreditor Agreement (Aluminum Corp of China)

Good Discharge. (a) Any payment to be made in respect of the Secured Liabilities by the a Security Agent may be made to the Facility Agent on behalf of the Secured Finance Parties and any payment made in that way shall be a good discharge, to the extent of that payment, by the that Security Agent.

Appears in 1 contract

Samples: Amkor Technology, Inc.

Good Discharge. (a) Any payment to be made in respect of the Secured Liabilities by the Security Agent may be made to the Facility Agent on behalf of the Secured Finance Parties and any payment made in that way shall be a good discharge, to the extent of that payment, by the Security Agent.. 144

Appears in 1 contract

Samples: Agreement (Cboe Global Markets, Inc.)

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