Common use of Money actually received Clause in Contracts

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 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)

AutoNDA by SimpleDocs

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: Securities Purchase Agreement (Discovery Energy Corp.), Specific 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: www.wa.gov.au

AutoNDA by SimpleDocs

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: Securities Purchase Agreement (Discovery Energy Corp.)

Time is Money Join Law Insider Premium to draft better contracts faster.