Common use of Secured Party’s receipts Clause in Contracts

Secured Party’s receipts. (a) The receipt of any Officer of the Secured Party for any money payable to or received by the Secured Party under this deed exonerates the payer from all liability to enquire whether any of the Secured Moneys have become payable.

Appears in 4 contracts

Samples: Securities Purchase Agreement (Discovery Energy Corp.), Specific Security Agreement (Discovery Energy Corp.), Securities Purchase Agreement (Discovery Energy Corp.)

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Secured Party’s receipts. (a) The receipt of any Officer of the a Secured Party for any money payable to or received by the Secured Party under this deed document exonerates the payer from all liability to enquire whether any of the Secured Moneys have become payable.

Appears in 2 contracts

Samples: Credit Agreement, Credit Agreement (Peabody Energy Corp)

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