Act jointly. The Secured Party and each Receiver may exercise any of the Powers in conjunction with the exercise of similar powers by the holder of any other Encumbrance over the Secured Property or by any receiver or receiver and manager appointed by that other holder and may, subject to not exceeding the Powers, enter into and give effect to agreements and arrangements with that other holder, receiver or receiver and manager as the Secured Party of the Receiver thinks fit.
Appears in 3 contracts
Samples: Specific Security Agreement, User Funding – Specific Security Agreement, User Funding – Specific Security Agreement
Act jointly. The Secured Party and each Receiver may exercise any of the Powers in conjunction with the exercise of similar powers by the holder of any other Encumbrance over the Secured Property or by any receiver or receiver and manager appointed by that other holder and may, subject to not exceeding the Powers, may enter into and give effect to agreements and arrangements with that other holder, receiver or receiver and manager as the Secured Party of the Receiver thinks fit.
Appears in 1 contract
Samples: Specific Security Agreement
