Receipt Conclusive. The receipt of the Chargee or any Receiver shall be an absolute and a conclusive discharge to a purchaser, and shall relieve him of any obligation to see to the application of any moneys paid to or by the direction of the Chargee or any Receiver.
Appears in 2 contracts
Sources: Security Deed (Glencore International Ag), Debenture (Consolidated Water Co LTD)
Receipt Conclusive. The receipt of the Chargee Lender or any Receiver shall be an absolute and a conclusive discharge to a purchaser, and shall relieve him of any obligation to see to the application of any moneys monies paid to or by the direction of the Chargee Lender or any Receiver.
Appears in 1 contract
Sources: Security Agreement
Receipt Conclusive. The receipt of the Chargee or any Receiver shall be an absolute and a conclusive discharge to a purchaser, and shall relieve him of any obligation to see to the application of any moneys paid to or by the direction of the Chargee or any Receiver.
Appears in 1 contract