Common use of Performance and Discharge Clause in Contracts

Performance and Discharge. The acceptance by Company of the agreements, instruments and other documents contemplated in this Agreement conveying title to, or assigning Transferor's rights and interests in, the Assets shall be deemed to be a full performance and discharge of every agreement and obligation on the part of Transferor to be performed under this Agreement, except those, if any, where are herein specifically stated to survive delivery of such agreements, instruments and other documents.

Appears in 2 contracts

Sources: Subscription Agreement (Echelon International Corp), Merger Agreement (Echelon International Corp)

Performance and Discharge. The acceptance by Company Buyer of the agreements, instruments and other documents contemplated in this Agreement conveying title to, or assigning TransferorSeller's rights and interests in, the Assets shall be deemed to be a full performance and discharge of every agreement and obligation on the part of Transferor Seller to be performed under this Agreement, except those, if any, where are herein specifically stated to survive delivery of such agreements, instruments and other documents.

Appears in 2 contracts

Sources: Merger Agreement (Echelon International Corp), Purchase and Sale Agreement (Echelon International Corp)

Performance and Discharge. The acceptance by Company of the ------------------------- agreements, instruments and other documents contemplated in this Agreement conveying title to, or assigning Transferor's rights and interests in, the Assets shall be deemed to be a full performance and discharge of every agreement and obligation on the part of Transferor to be performed under this Agreement, except those, if any, where are herein specifically stated to survive delivery of such agreements, instruments and other documents.

Appears in 1 contract

Sources: Subscription Agreement (Ein Acquisition Corp)