Common use of Receipts by others Clause in Contracts

Receipts by others. The receipt of the person purporting to be the treasurer, secretary or other proper officer of any recipient of a payment or application of income or capital from the Trust Fund is a sufficient discharge to the Trustee and the Trustee need not see to the application of the payment or application.

Appears in 3 contracts

Samples: www.friendware.net, acncpubfilesprodstorage.blob.core.windows.net, acncpubfilesprodstorage.blob.core.windows.net

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Receipts by others. The receipt of the person purporting to be the treasurer, secretary or other proper officer Officer of any recipient of a payment or application of income or capital from the Trust Fund is a sufficient discharge to the Trustee and the Trustee need not see to the application of the payment or application.

Appears in 1 contract

Samples: acncpubfilesprodstorage.blob.core.windows.net

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Receipts by others. The receipt of the person purporting to be the treasurer, secretary or other proper officer Officer of any recipient of a payment or application of income or capital from the Trust Fund is a sufficient discharge to the Trustee and the Trustee need not see to the application of the payment or applicationpayment.

Appears in 1 contract

Samples: acncpubfilesprodstorage.blob.core.windows.net

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