Money actually received. In applying any money towards satisfaction of the Secured Moneys the Grantor is to be credited only with so much of the money which is available for that purpose (after deducting any GST imposed) and which is actually received by the Secured Party, Receiver or Attorney. The credit dates from the time of receipt.
Appears in 2 contracts
Samples: Specific Security Agreement (Shares) (Discovery Energy Corp.), Specific Security Agreement (Shares) (Discovery Energy Corp.)
Money actually received. In applying any money towards satisfaction of the Secured Moneys the Grantor is to be credited only with so much of the money which is available for that purpose (after deducting any GST imposed) and which is actually received by the Secured Party, Receiver or Attorney. The credit dates from the time of receipt.
Appears in 2 contracts
Samples: Credit Agreement, Credit Agreement (Peabody Energy Corp)
Money actually received. In applying any money towards satisfaction of the Secured Moneys Moneys, the Grantor is to be credited only with so much of the money which is available for that purpose (after deducting any GST imposed) and which is actually received by the Secured Party, Receiver or Attorney. The credit dates from the time of receipt.
Appears in 1 contract
Samples: General Security Agreement (Discovery Energy Corp.)
Money actually received. In applying any money towards satisfaction of the Secured Moneys the Moneys, each Grantor is to be credited only with so much of the money which is available for that purpose (after deducting any GST imposed) and which is actually received by the Secured PartyState, Receiver or AttorneyAttorney in connection with the enforcement of the Security granted by that Grantor. The credit dates from the time of receipt.
Appears in 1 contract
Samples: General Security Agreement
