Common use of Receipt Conclusive Clause in Contracts

Receipt Conclusive. The receipt of the Chargee or any Receiver shall be an absolute and a conclusive discharge to a purchaser, and shall relieve him of any obligation to see to the application of any moneys paid to or by the direction of the Chargee or any Receiver.

Appears in 2 contracts

Samples: Glencore International Ag, Consolidated Water Co LTD

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Receipt Conclusive. The receipt of the Chargee or any Receiver shall be an absolute and a conclusive discharge to a purchaser, and shall relieve him of any obligation to see to the application of any moneys paid to or by the direction of the Chargee or any Receiver.

Appears in 1 contract

Samples: Security Agreement (Fosun International LTD)

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Receipt Conclusive. The receipt of the Chargee Lender or any Receiver shall be an absolute and a conclusive discharge to a purchaser, and shall relieve him of any obligation to see to the application of any moneys monies paid to or by the direction of the Chargee Lender or any Receiver.

Appears in 1 contract

Samples: Security Agreement

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