Common use of Receipt of Trustee Shall Discharge Purchaser Clause in Contracts

Receipt of Trustee Shall Discharge Purchaser. The receipt of the Trustee or of the officer making such sale shall be a sufficient discharge to any purchaser for his purchase money, and, after paying such purchase money and receiving such receipt, such purchaser or its personal representative or assigns shall not be obliged to see to the application of such purchase money, or be in any way answerable for any loss, misapplication or non-application thereof.

Appears in 46 contracts

Samples: Pass Through Trust Agreement (Northwest Airlines Corp), Pass Through Trust Agreement (Northwest Airlines Holdings Corp/Pred), Pass Through Trust Agreement (America West Airlines Inc)

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Receipt of Trustee Shall Discharge Purchaser. The receipt of the Trustee or of the officer making such sale shall be a sufficient discharge to any purchaser for his purchase money, and, after paying such purchase money and receiving such receipt, such purchaser or its personal representative or assigns shall not be obliged to see to the application of such purchase money, or be in any way answerable for any loss, misapplication or non-application thereof.

Appears in 42 contracts

Samples: Pass Through Trust Agreement (Spirit Airlines, Inc.), Pass Through Trust Agreement (Spirit Airlines, Inc.), Pass Through Trust Agreement (Spirit Airlines, Inc.)

Receipt of Trustee Shall Discharge Purchaser. The receipt of the Trustee or of the officer making such sale shall be a sufficient discharge to any purchaser for his its purchase money, and, after paying such purchase money and receiving such receipt, such purchaser or its personal representative or assigns shall not be obliged to see to the application of such purchase money, or be in any way answerable for any loss, misapplication or non-application thereof.

Appears in 11 contracts

Samples: Pass Through Trust Agreement (Alaska Air Group, Inc.), Pass Through Trust Agreement (Hawaiian Holdings Inc), Pass Through Trust Agreement (Hawaiian Holdings Inc)

Receipt of Trustee Shall Discharge Purchaser. The receipt of the Trustee or of the officer making such sale shall be a sufficient discharge to any purchaser for his purchase money, and, after paying such purchase money and receiving such receipt, such purchaser or its personal representative or assigns shall not be obliged to see to the application of such purchase money, or be in any way answerable for any loss, misapplication or non-application nonapplication thereof.

Appears in 8 contracts

Samples: Pass Through Trust Agreement (Atlas Air Inc), Pass Through Trust Agreement (Atlas Air Inc), Pass Through Trust Agreement (Atlas Air Inc)

Receipt of Trustee Shall Discharge Purchaser. The receipt of the Trustee or of the officer making such sale shall be a sufficient discharge to any purchaser for his purchase money, and, after paying such purchase money and receiving such receipt, such purchaser or its his personal representative or assigns shall not be obliged to see to the application of such purchase money, or be in any way answerable for any loss, misapplication or non-application thereof.

Appears in 7 contracts

Samples: Pass Through Trust Agreement (Gatx Corp), Pass Through Trust Agreement (Gatx Corp), Pass Through Trust Agreement (CMS Energy X Tras Pass Through Trust I)

Receipt of Trustee Shall Discharge Purchaser. The receipt of the Trustee or of the officer making such sale under judicial proceedings shall be a sufficient discharge to any purchaser for his purchase money, and, after paying such purchase money and receiving such receipt, such purchaser or its his personal representative or assigns shall not be obliged to see to the application of such purchase money, or be in any way answerable for any loss, misapplication or non-application thereof.

Appears in 5 contracts

Samples: Refunding Agreement (Entergy Louisiana Inc), Collateral Trust Indenture (Louisiana Power & Light Co /La/), Collateral Trust Indenture (Oglethorpe Power Corp)

Receipt of Trustee Shall Discharge Purchaser. The receipt of the Trustee or of the officer making such sale shall be a sufficient discharge to any purchaser for his purchase money, and, after paying such purchase money and receiving such receipt, such purchaser or its personal representative or assigns shall not be obliged to see to the application of such purchase money, or be in any way answerable for any loss, misapplication or non-non- application thereof.

Appears in 4 contracts

Samples: Pass Through Trust Agreement (Sun Country Airlines Holdings, Inc.), Pass Through Trust Agreement (Sun Country Airlines Holdings, Inc.), Pass Through Trust Agreement (Continental Airlines Inc /De/)

Receipt of Trustee Shall Discharge Purchaser. The receipt of the Trustee or of the officer making such sale shall be a sufficient discharge to any purchaser for his its purchase money, and, after paying such purchase money and receiving such receipt, such purchaser or its personal representative or assigns shall not be obliged to see to the application of such purchase money, or be in any way answerable for any loss, misapplication or non-application thereof.

Appears in 2 contracts

Samples: Pass Through Trust Agreement (United Air Lines Inc), Pass Through Trust Agreement (United Air Lines Inc)

Receipt of Trustee Shall Discharge Purchaser. The receipt of the Trustee or of the officer making such sale shall be a sufficient discharge to any purchaser for his purchase money, and, after paying such purchase money and receiving such receipt, such purchaser or its 40 -35- personal representative or assigns shall not be obliged to see to the application of such purchase money, or be in any way answerable for any loss, misapplication or non-application thereof.

Appears in 2 contracts

Samples: Pass Through Trust Agreement (America West Airlines Inc), Pass Through Trust Agreement (America West Airlines Inc)

Receipt of Trustee Shall Discharge Purchaser. The receipt of the -------------------------------------------- Trustee or of the officer or agent making such sale shall be a sufficient discharge to any purchaser for his purchase money, and, after paying such purchase money and receiving such receipt, such purchaser or its personal representative or assigns shall not be obliged to see to the application of such purchase money, or be in any way answerable for any loss, misapplication or non-application thereof.

Appears in 2 contracts

Samples: Pass Through Trust Agreement (Mobil Marine Finance Co I Inc), Pass Through Trust Agreement (Mobil Marine Finance Co I Inc)

Receipt of Trustee Shall Discharge Purchaser. The receipt of the Pass Through Trustee or of the officer making such sale shall be a sufficient discharge to any purchaser for his its purchase money, money and, after paying such purchase money and receiving such receipt, neither such purchaser or nor its personal representative or assigns shall not be obliged to see to the application of such purchase money, or be in any way answerable for any loss, misapplication or non-application thereof.

Appears in 2 contracts

Samples: Pass Through Trust Agreement (Royal Ahold), Pass Through Trust Agreement (Royal Ahold)

Receipt of Trustee Shall Discharge Purchaser. The receipt of the Trustee or of the officer making such sale shall be a sufficient discharge to any purchaser for his purchase money, and, after paying such purchase money and receiving such receipt, such purchaser or its personal representative or assigns shall not be obliged to see to the application of such 41 -36- purchase money, or be in any way answerable for any loss, misapplication or non-application thereof.

Appears in 2 contracts

Samples: Pass Through Trust Agreement (America West Airlines Inc), Pass Through Trust Agreement (America West Airlines Inc)

Receipt of Trustee Shall Discharge Purchaser. The receipt of the Trustee or of the officer or agent making such sale shall be a sufficient discharge to any purchaser for his purchase money, and, after paying such purchase money and receiving such receipt, such purchaser or its personal representative or assigns shall not be obliged to see to the application of such purchase money, or be in any way answerable for any loss, misapplication or non-application thereof.

Appears in 1 contract

Samples: Pass Through Trust Agreement (Fort James Corp)

Receipt of Trustee Shall Discharge Purchaser. The receipt of the Trustee or of the officer making such sale shall be a sufficient discharge to any purchaser for his purchase money, and, after paying such purchase money and receiving such receipt, such purchaser or its personal representative or assigns shall not be obliged to see to the application of such 40 35 purchase money, or be in any way answerable for any loss, misapplication or non-application thereof.

Appears in 1 contract

Samples: Pass Through Trust Agreement (America West Airlines Inc)

Receipt of Trustee Shall Discharge Purchaser. The receipt of the Trustee or of the officer making such sale shall be a sufficient discharge to any purchaser for his purchase money, and, after paying such purchase money and receiving such receipt, 46 40 such purchaser or its personal representative or assigns shall not be obliged to see to the application of such purchase money, or be in any way answerable for any loss, misapplication or non-application nonapplication thereof.

Appears in 1 contract

Samples: Pass Through Trust Agreement (Atlas Air Inc)

Receipt of Trustee Shall Discharge Purchaser. The receipt of -------------------------------------------- the Trustee or of the officer making such sale shall be a sufficient discharge to any purchaser for his purchase money, and, after paying such purchase money and receiving such receipt, such purchaser or its personal representative or assigns shall not be obliged to see to the application of such purchase money, or be in any way answerable for any loss, misapplication or non-application thereof.

Appears in 1 contract

Samples: Pass Through Trust Agreement (Midway Airlines Corp)

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Receipt of Trustee Shall Discharge Purchaser. The -------------------------------------------- receipt of the Trustee or of the officer making such sale shall be a sufficient discharge to any purchaser for his purchase money, and, after paying such purchase money and receiving such receipt, such purchaser or its personal representative or assigns shall not be obliged to see to the application of such purchase money, or be in any way answerable for any loss, misapplication or non-application thereof.

Appears in 1 contract

Samples: Pass Through Trust Agreement (Midway Airlines Corp)

Receipt of Trustee Shall Discharge Purchaser. The receipt of the Trustee or of the officer making such sale shall be a sufficient discharge to any purchaser for his its purchase money, and, after paying such purchase money and receiving 30 such receipt, such purchaser or its personal representative or assigns shall not be obliged to see to the application of such purchase money, or be in any way answerable for any loss, misapplication or non-application thereof.

Appears in 1 contract

Samples: Pass Through Trust Agreement (American Airlines Inc)

Receipt of Trustee Shall Discharge Purchaser. The receipt of the Trustee or of the officer making such sale under judicial proceedings shall be a sufficient discharge to any purchaser for his purchase money, and, after paying such purchase Purchase money and receiving such receipt, such purchaser or its his personal representative or assigns shall not be obliged to see to the application of such purchase money, or be in any way answerable for or any loss, misapplication or non-application thereof.

Appears in 1 contract

Samples: Collateral Trust Indenture (Public Service Co of New Mexico)

Receipt of Trustee Shall Discharge Purchaser. The receipt of the Trustee or of the officer making such sale shall be a sufficient discharge to any purchaser for his purchase money, 41 -36- and, after paying such purchase money and receiving such receipt, such purchaser or its personal representative or assigns shall not be obliged to see to the application of such purchase money, or be in any way answerable for any loss, misapplication or non-application thereof.

Appears in 1 contract

Samples: Pass Through Trust Agreement (America West Airlines Inc)

Receipt of Trustee Shall Discharge Purchaser. The receipt of the Trustee or of the officer making such sale shall be a sufficient discharge to any purchaser for his purchase money, and, after paying such purchase money and receiving such receipt, such purchaser or its 41 -36- personal representative or assigns shall not be obliged to see to the application of such purchase money, or be in any way answerable for any loss, misapplication or non-application thereof.

Appears in 1 contract

Samples: Pass Through Trust Agreement (America West Airlines Inc)

Receipt of Trustee Shall Discharge Purchaser. The receipt -------------------------------------------- of the Trustee or of the officer making such sale shall be a sufficient discharge to any purchaser for his purchase money, and, after paying such purchase money and receiving such receipt, such purchaser or its personal representative or assigns shall not be obliged to see to the application of such purchase money, or be in any way answerable for any loss, misapplication or non-application thereof.

Appears in 1 contract

Samples: Pass Through Trust Agreement (Midway Airlines Corp)

Receipt of Trustee Shall Discharge Purchaser. The receipt of the -------------------------------------------- Trustee or of the officer making such sale shall be a sufficient discharge to any purchaser for his purchase money, and, after paying such purchase money and receiving such receipt, such purchaser or its personal representative or assigns shall not be obliged to see to the application of such purchase money, or be in any way answerable for any loss, misapplication or non-application thereof.

Appears in 1 contract

Samples: Indenture and Security Agreement (Union Tank Car Co)

Receipt of Trustee Shall Discharge Purchaser. The receipt of the Trustee or of the officer making such sale shall be a sufficient discharge to any purchaser for his purchase money, and, after paying such purchase money and receiving such receipt, such purchaser or its personal representative or assigns shall not be obliged to see to the application of such 190 35 purchase money, or be in any way answerable for any loss, misapplication or non-application thereof.

Appears in 1 contract

Samples: Pass Through Trust Agreement (America West Airlines Inc)

Receipt of Trustee Shall Discharge Purchaser. The receipt of the -------------------------------------------- Trustee or of the officer making such sale shall be a sufficient discharge to any purchaser for his purchase money, and, after paying such purchase money and receiving such receipt, such purchaser or its his personal representative or assigns shall not be obliged to see to the application of such purchase money, or be in any way answerable for any loss, misapplication or non-application thereof.

Appears in 1 contract

Samples: Pass Through Trust Agreement (Eex Corp)

Receipt of Trustee Shall Discharge Purchaser. The receipt of the Trustee or of the officer making such sale shall be a sufficient discharge to any purchaser for his purchase money, and, after paying such purchase money and receiving such receipt, such purchaser or its 40 35 personal representative or assigns shall not be obliged to see to the application of such purchase money, or be in any way answerable for any loss, misapplication or non-application thereof.

Appears in 1 contract

Samples: Pass Through Trust Agreement (America West Airlines Inc)

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