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: Trust Agreement (America West Airlines Inc), Trust Agreement (Midway Airlines Corp), Execution (Amtran 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: Through Trust Agreement (Spirit Airlines, Inc.), Through Trust Agreement (Spirit Airlines, Inc.), 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: Trust Agreement (Alaska Air Group, Inc.), 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: Through Trust Agreement (Atlas Air Inc), Through Trust Agreement (Atlas Air Inc), Trust Agreement (Atlas Air 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 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: Participation Agreement (Entergy Louisiana Inc), Ownership Agreement (Oglethorpe Power Corp), Participation Agreement (Louisiana Power & Light Co /La/)

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 5 contracts

Samples: Trust Agreement (Gatx Corp), Through Trust Agreement (Gatx Corp), Trust Agreement (General American Railcar Corp Ii)

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: Through Trust Agreement (Sun Country Airlines Holdings, Inc.), Through Trust Agreement (Sun Country Airlines Holdings, Inc.), 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 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.. (3)

Appears in 2 contracts

Samples: Trust Agreement (CMS Energy X Tras Pass Through Trust I), 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 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: Trust Agreement (America West Airlines Inc), 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 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: Trust Agreement (America West Airlines Inc), 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: Trust Agreement (Mobil Marine Finance Co I Inc), Through Trust Agreement (Mobil Marine Finance Co I 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 2 contracts

Samples: Trust Agreement (United Air Lines Inc), Trust Agreement (United Air Lines 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: Trust Agreement (Royal Ahold), 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 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: Production System Lease Agreement (Eex Corp)

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

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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: 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, 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: Trust Agreement (Atlas Air 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: 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 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: Through Trust Agreement (American 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 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: 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: 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 190 35 purchase money, or be in any way answerable for any loss, misapplication or non-application thereof.

Appears in 1 contract

Samples: 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: 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 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: 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 40 35 purchase money, or be in any way answerable for any loss, misapplication or non-application thereof.

Appears in 1 contract

Samples: Trust Agreement (America West Airlines Inc)

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