Receipt a Sufficient Discharge to Purchaser. Upon any sale of the Collateral or any part thereof or any interest therein, whether pursuant to power of sale, foreclosure or otherwise, the receipt of the Mortgagee or the officer making the sale under judicial proceedings shall be a sufficient discharge to the purchaser for the purchase money, and such purchaser shall not be obliged to see to the application thereof.
Appears in 5 contracts
Samples: Mortgage, Assignment of Leases and Rents, Security Agreement and Fixture Filing (Sterling Chemical Inc), Second Mortgage, Assignment of Leases and Rents, Security Agreement and Fixture Filing (Sterling Chemical Inc), Mortgage, Assignment of Leases and Rents, Security Agreement and Fixture Filing (Leiner Health Products Inc)
Receipt a Sufficient Discharge to Purchaser. Upon any sale of the Collateral Trust Premises or any part thereof or any interest therein, whether pursuant to power of sale, foreclosure or otherwise, the receipt of the Mortgagee Trustee or the officer making the sale under judicial proceedings shall be a sufficient discharge to the purchaser for the purchase money, and such purchaser shall not be obliged to see to the application thereof.
Appears in 4 contracts
Samples: Deed of Trust (Sterling Chemicals Inc), Deed of Trust, Assignment of Leases and Rents, Security Agreement and Fixture Filing (Sterling Chemical Inc), Leasehold Deed of Trust, Assignment of Leases and Rents (Leiner Health Products Inc)
Receipt a Sufficient Discharge to Purchaser. Upon any sale of the Collateral Trust Premises or any part thereof or any interest therein, whether pursuant to power of sale, foreclosure or otherwise, the receipt of the Mortgagee Beneficiary or the officer making the sale under judicial proceedings shall be a sufficient discharge to the purchaser for the purchase money, and such purchaser shall not be obliged to see to the application thereof.
Appears in 3 contracts
Samples: Credit Agreement (Applied Medical Corp), Credit Agreement (Applied Medical Corp), Second Deed of Trust, Assignment of Leases and Rents, Security Agreement and Fixture Filing (Sterling Chemical Inc)
Receipt a Sufficient Discharge to Purchaser. Upon any sale of ------------------------------------------- the Collateral or any part thereof or any interest therein, whether pursuant to power of sale, foreclosure or otherwise, the receipt of the Mortgagee Beneficiary or the officer making the sale under judicial proceedings shall be a sufficient discharge to the purchaser for the purchase money, and such purchaser shall not be obliged to see to the application thereof.
Appears in 2 contracts
Samples: Deed of Trust, Security Agreement, Assignment of Rents and Leases, and Fixture Filing (Aristotle Corp), Deed of Trust, Security Agreement, Assignment of Rents and Leases, and Fixture Filing (Aristotle Corp)
Receipt a Sufficient Discharge to Purchaser. Upon any ------------------------------------------- sale of the Collateral Mortgaged Property or any part thereof or any interest therein, whether pursuant to power of sale, foreclosure or otherwise, the receipt of the by Mortgagee or the officer making the sale under judicial proceedings of the purchase money therefor shall be a sufficient discharge to the purchaser for the such purchase money, and such purchaser shall not be obliged obligated to see to the application thereof.
Appears in 2 contracts
Samples: Mortgage, Security Agreement, Assignment of Rents and Leases and Fixture Filing (Thermatrix Inc), Mortgage, Security Agreement, Assignment of Rents and Leases and Fixture Filing (Thermatrix Inc)
Receipt a Sufficient Discharge to Purchaser. Upon any sale of the Collateral or any part thereof or any interest therein, whether pursuant to power of sale, foreclosure or otherwise, the receipt of the Mortgagee Trustee or the officer making the sale under judicial proceedings shall be a sufficient discharge to the purchaser for the purchase money, and such purchaser shall not be obliged to see to the application thereof.
Appears in 2 contracts
Samples: Commercial Deed of Trust, Security Agreement, Assignment of Leases and Rents and Fixture Filing (Ensign Group, Inc), Commercial Deed of Trust (Ensign Group, Inc)
Receipt a Sufficient Discharge to Purchaser. Upon any sale of the Collateral or any part thereof or any interest therein, whether pursuant to power of sale, foreclosure or otherwise, the receipt of the Mortgagee Grantee or the officer making the sale under judicial proceedings shall be a sufficient discharge to the purchaser for the purchase money, and such purchaser shall not be obliged to see to the application thereof.
Appears in 2 contracts
Samples: Leasehold Deed to Secure Debt, Assignment and Security Agreement (Sterling Chemical Inc), Collateral Agreement (Sterling Chemical Inc)
Receipt a Sufficient Discharge to Purchaser. Upon any sale of the Collateral Estate or any part thereof or of any interest therein, whether pursuant to power of sale, foreclosure or otherwise, the receipt of the Mortgagee or the officer making the sale under judicial or nonjudicial proceedings or of the Indenture Trustee shall be a sufficient discharge to the purchaser for the purchase money, and such purchaser shall not be obliged to see to the application thereof.
Appears in 1 contract
Receipt a Sufficient Discharge to Purchaser. Upon any sale of the Collateral or any part thereof or any interest therein, whether pursuant to power of sale, foreclosure or otherwise, the receipt of the Mortgagee or the officer making the sale under judicial proceedings shall be a sufficient discharge to the purchaser for the purchase money, and such purchaser shall not be obliged to see to the application thereof.
Appears in 1 contract
Receipt a Sufficient Discharge to Purchaser. Upon any sale of the Collateral Indenture Estate or any part thereof or of any interest therein, whether pursuant to foreclosure or power of sale, foreclosure sale or otherwiseotherwise hereunder, the receipt of the Mortgagee or the officer making the sale under judicial proceedings or of the Indenture Trustee shall be a sufficient discharge to the purchaser for the purchase money, and such purchaser shall not be obliged to see to the application thereof.
Appears in 1 contract
Receipt a Sufficient Discharge to Purchaser. Upon any sale of the Collateral Mortgaged Property or any part thereof or any interest therein, whether pursuant to power of sale, foreclosure or otherwise, the receipt of the Mortgagee or the officer making the sale under judicial proceedings shall be a sufficient discharge to the purchaser for the purchase money, and such purchaser shall not be obliged to see to the application thereof.
Appears in 1 contract
Receipt a Sufficient Discharge to Purchaser. Upon any sale of the Collateral Security or any part thereof or any interest therein, whether pursuant to foreclosure or power of sale, foreclosure sale or otherwiseotherwise hereunder, the receipt of the Mortgagee or the officer making the sale under judicial proceedings or of Agent shall be a sufficient discharge to the purchaser for the purchase money, and such purchaser shall not be obliged to see to the application thereof.
Appears in 1 contract
Receipt a Sufficient Discharge to Purchaser. Upon any sale ------------------------------------------- of the Collateral or any part thereof or any interest therein, whether pursuant to power of sale, foreclosure or otherwise, the receipt of the Mortgagee or the officer making the sale under judicial proceedings shall be a sufficient discharge to the purchaser for the purchase money, and such purchaser shall not be obliged to see to the application thereof.
Appears in 1 contract
Receipt a Sufficient Discharge to Purchaser. Upon any sale of the Collateral Mortgaged Property or any part thereof or any interest therein, whether pursuant to power of sale, foreclosure or otherwise, the receipt of the Mortgagee or the officer making the sale under judicial proceedings shall be a sufficient discharge to the purchaser for the purchase money, and such purchaser shall not be obliged to see to the application thereof.
Appears in 1 contract
Receipt a Sufficient Discharge to Purchaser. Upon any sale of the Collateral or any part thereof or any interest therein, whether pursuant to foreclosure or power of sale, foreclosure sale or otherwiseotherwise hereunder, the receipt of the Mortgagee or the officer making the sale under judicial proceedings or of the Secured Party shall be a sufficient discharge to the purchaser for the purchase money, and such purchaser shall not be obliged to see to the application thereof.
Appears in 1 contract
Samples: Funding Agreement and Secured Revolving Credit Agreement (Divot Golf Corp)
Receipt a Sufficient Discharge to Purchaser. Upon any sale of ------------------------------------------- the Collateral or any part thereof or any interest therein, whether pursuant to power of sale, foreclosure or otherwise, the receipt of the Mortgagee or the officer making the sale under judicial proceedings shall be a sufficient discharge to the purchaser for the purchase money, and such purchaser shall not be obliged to see to the application thereof.
Appears in 1 contract
Samples: Mortgage (Aristotle Corp)
Receipt a Sufficient Discharge to Purchaser. Upon any sale of ------------------------------------------- the Collateral Mortgaged Premises or any part thereof or any interest therein, whether pursuant to power of sale, foreclosure or otherwise, the receipt of the Mortgagee or the officer making the sale under judicial proceedings shall be a sufficient discharge to the purchaser for the purchase money, and such purchaser shall not be obliged to see to the application thereof.
Appears in 1 contract
Samples: Consolidation, Extension and Modification Agreement (Boston Properties Inc)
