Common use of Agent of the Chargor Clause in Contracts

Agent of the Chargor. (a) A Receiver will be deemed to be the agent of the Chargor for all purposes and accordingly will be deemed to be in the same position as a Receiver duly appointed by a mortgagee under the Act. The Chargor alone is responsible for the contracts, engagements, acts, omissions, defaults and losses of a Receiver and for liabilities incurred by a Receiver. (b) No Finance Party will incur any liability (either to the Chargor or to any other person) by reason of the appointment of a Receiver or for any other reason.

Appears in 3 contracts

Samples: Security Agreement (Warp Technology Holdings Inc), Security Agreement (Warp Technology Holdings Inc), Security Agreement (Warp Technology Holdings Inc)

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Agent of the Chargor. (a) A Receiver will be deemed to be the agent of the Chargor for all purposes and accordingly will be deemed to be in the same position as a Receiver duly appointed by a mortgagee under the Act. The Chargor alone is responsible for the contracts, engagements, acts, omissions, defaults and losses of a Receiver and for liabilities incurred by a Receiver. (b) No Finance Secured Party will incur any liability (either to the Chargor or to any other person) by reason of the appointment of a Receiver or for any other reason.

Appears in 2 contracts

Samples: Credit Agreement (WisdomTree Investments, Inc.), Security Agreement (GCL Silicon Technology Holdings Inc.)

Agent of the Chargor. (a) A Receiver will be deemed to be the agent of the Chargor for all purposes and accordingly will be deemed to be in the same position as a Receiver duly appointed by a mortgagee under the ActLaw of Property Act 1925. The Chargor alone is responsible for the any contracts, engagements, acts, omissions, defaults and losses of a Receiver and for any liabilities incurred by a Receiver. (b) No Finance Secured Party will incur any liability (either to the Chargor or to any other person) by reason of the appointment of a Receiver or for any other reason.

Appears in 2 contracts

Samples: Security Agreement, Security Agreement

Agent of the Chargor. (a) A Receiver will be deemed to be the agent of the Chargor for all purposes and accordingly will be deemed to be in the same position as a Receiver duly appointed by a mortgagee under the Act. The Chargor alone is solely responsible for the contracts, engagements, acts, omissions, defaults and losses of a Receiver and for liabilities incurred by a Receiver. (b) No Finance Secured Party will incur any liability (either to the Chargor or to any other person) by reason of the appointment of a Receiver or for any other reason.

Appears in 2 contracts

Samples: Credit Agreement (Novelis Inc.), Credit Agreement (Novelis Inc.)

Agent of the Chargor. (a) A Receiver will be deemed to be the agent of the Chargor for all purposes and accordingly will be deemed to be in the same position as a Receiver duly appointed by a mortgagee under the Act. The Chargor alone is responsible for the contracts, engagements, acts, omissions, defaults and losses of a Receiver and for liabilities incurred by a Receiver. (b) No Finance Party Lender will incur any liability (either to the Chargor or to any other person) by reason of the appointment of a Receiver or for any other reason.

Appears in 2 contracts

Samples: Mortgage of Shares (Warp Technology Holdings Inc), Mortgage of Shares (Warp Technology Holdings Inc)

Agent of the Chargor. (a) A Receiver will be deemed to be the agent of the Chargor for all purposes and accordingly will be deemed to be in the same position as a Receiver duly appointed by a mortgagee under the ActProperty Ordinance. The Chargor alone is responsible for the contracts, engagements, acts, omissions, defaults and losses of a Receiver and for liabilities incurred by a Receiver. (b) No Finance Party will incur any liability (either to the Chargor or to any other person) by reason of the appointment of a Receiver or for any other reason.

Appears in 1 contract

Samples: Account Charge (eHi Car Services LTD)

Agent of the Chargor. (a) A Each Receiver will be is deemed to be the agent of the Chargor for all purposes and accordingly will be is deemed to be in the same position as a Receiver duly appointed by a mortgagee under the ActLaw of Property Act 1925. The Chargor alone is responsible shall be rexxxxxxxxe for the his contracts, engagements, acts, omissions, defaults and losses of a Receiver and for liabilities incurred by a Receiver. (b) No him and no Finance Party will shall incur any liability (either to the Chargor or to any other person) by reason of the Agent making his appointment of as a Receiver or for any other reason.

Appears in 1 contract

Samples: Credit Facility Agreement (Entergy London Capital Lp)

Agent of the Chargor. (a) A Receiver will be deemed to be the agent of the Chargor for all purposes and accordingly will be deemed to be in the same position as a Receiver duly appointed by a mortgagee under the ActProperty Ordinance. The Unless prohibited by applicable laws, the Chargor alone is responsible for the contracts, engagements, acts, omissions, defaults and losses of a Receiver and for any liabilities incurred by a Receiver. (b) No Finance Party The Investor will not incur any liability (either to the Chargor or to any other person) by reason of the appointment of a Receiver or for any other reason.

Appears in 1 contract

Samples: Account Security Agreement (Fosun International LTD)

Agent of the Chargor. (a) A Receiver will be deemed to be the agent of the Chargor for all purposes and accordingly will be deemed to be in the same position as a Receiver duly appointed by a mortgagee under the Act. The Chargor alone is responsible for the contractsdefaults, engagementscosts, acts, omissions, defaults losses and losses expenses of a Receiver and for liabilities incurred by a Receiver. (b) No Finance Party The Common Security Agent will not incur any liability (either to the Chargor or to any other person) by reason of the appointment of a Receiver or for any other reason.

Appears in 1 contract

Samples: Security Agreement

Agent of the Chargor. (a) A Receiver will be deemed to be the agent of the Chargor for all purposes and accordingly will be deemed to be in the same position as a Receiver duly appointed by a mortgagee under the Act. The Chargor alone is responsible for the contracts, engagements, acts, omissions, defaults and losses of a Receiver and for liabilities incurred by a Receiver. (b) No Finance Security Party will incur any liability (either to the Chargor or to any other person) by reason of the appointment of a Receiver or for any other reason, except to the extent that such appointment was made with gross negligence or wilful misconduct.

Appears in 1 contract

Samples: Deed of Assignment and Charge (Fimep Sa)

Agent of the Chargor. (a) A Each Receiver will be is deemed to be the agent of the Chargor for all purposes and accordingly will be is deemed to be in the same position as a Receiver duly appointed by a mortgagee under the ActLaw of Property Act 1925. The Chargor alone is responsible for the shall be responsiblx xxx xis contracts, engagements, acts, omissions, defaults and losses of a Receiver and for liabilities incurred by a Receiver. (b) No Finance him and no Secured Party will shall incur any liability (either to the Chargor or to any other person) by reason of the Agent making his appointment of as a Receiver or for any other reason.

Appears in 1 contract

Samples: Credit Agreement (Entergy Power Uk PLC)

Agent of the Chargor. (a) A Each Receiver will be is deemed to be the agent of the Chargor for all purposes and accordingly will be is deemed to be in the same position as a Receiver duly appointed by a mortgagee under the Act. The Chargor alone is shall be responsible for the his contracts, engagements, acts, omissions, defaults and losses of a Receiver and for liabilities incurred by a Receiver. (b) No him and the Finance Party will Parties, BET and EPHL shall not incur any liability (either to the Chargor or to any other person) by reason of the Security Trustee making his appointment of as a Receiver or for any other reason.

Appears in 1 contract

Samples: Debenture (British Energy Group PLC)

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Agent of the Chargor. (a) A Receiver will be deemed to be the agent of the Chargor for all purposes and accordingly will be deemed to be in the same position as a Receiver duly appointed by a mortgagee under the Act. The Chargor alone is responsible for the contracts, engagements, acts, omissions, defaults and losses of a Receiver and for liabilities incurred by a Receiver. (b) No Finance Party The Lender will incur any no liability (either to the Chargor or to any other person) by reason of the appointment of a Receiver or for any other reason.

Appears in 1 contract

Samples: Mortgage of Shares (Inyx Inc)

Agent of the Chargor. (a) A Receiver will be deemed to be the agent of the Chargor for all purposes and accordingly will be deemed to be in the same position as a Receiver duly appointed by a mortgagee under the Act. The Chargor alone is solely responsible for the contracts, engagements, acts, omissions, defaults and losses of a Receiver and for liabilities incurred by a Receiver. (b) No Finance Party Neither the Security Trustee nor any Creditor will incur any liability (either to the Chargor or to any other person) by reason of the appointment of a Receiver or for any other reason.

Appears in 1 contract

Samples: Security Agreement

Agent of the Chargor. (a) A Receiver will be deemed to be the agent of the Chargor for all purposes and accordingly will be deemed to be in the same position as a Receiver duly appointed by a mortgagee under the Act. The Chargor alone is solely responsible for the contracts, engagements, acts, omissions, defaults and losses of a Receiver and for liabilities incurred by a Receiver. (b) No Finance Party The Chargee will not incur any liability (either to the Chargor or to any other person) by reason of the appointment of a Receiver or for any other reason.

Appears in 1 contract

Samples: Sale and Purchase Agreement (Ctrip Com International LTD)

Agent of the Chargor. (a) A Each Receiver will be is deemed to be the agent of the Chargor for all purposes and accordingly will be is deemed to be in the same position as a Receiver duly appointed by a mortgagee under the ActLaw of Property Xxx 0000. The Chargor alone is shall be responsible for the his contracts, engagements, acts, omissions, defaults and losses of a Receiver and for liabilities incurred by a Receiver. (b) No him and no Finance Party will shall incur any liability (either to the Chargor or to any other person) by reason of the Agent making his appointment of as a Receiver or for any other reason.

Appears in 1 contract

Samples: Credit Facility Agreement (System Energy Resources Inc)

Agent of the Chargor. (a) A Receiver will be deemed to be the agent of the Chargor for all purposes and accordingly will be deemed to be in the same position as a Receiver duly appointed by a mortgagee under the Act. The Chargor alone is responsible for the contracts, engagements, acts, omissions, defaults and losses of a Receiver and for liabilities incurred by a Receiver. (b) No Finance Party will incur any liability (either to the Chargor or to any other person) by reason of the appointment of a Receiver or for any other reason.

Appears in 1 contract

Samples: Credit Facility Agreement (Halliburton Co)

Agent of the Chargor. (a) A Receiver will be deemed to be the agent of the Chargor for all purposes and accordingly will be deemed to be in the same position as a Receiver duly appointed by a mortgagee under the ActProperty Ordinance. The Chargor alone is responsible for the contracts, engagements, acts, omissions, defaults and losses of a Receiver and for liabilities incurred by a Receiver. (b) No Finance Secured Party will incur any liability (either to the Chargor or to any other person) by reason of the appointment of a Receiver or for any other reason.

Appears in 1 contract

Samples: Security Agreement (GCL Silicon Technology Holdings Inc.)

Agent of the Chargor. (a) A Receiver will be deemed to be the agent of the Chargor for all purposes and accordingly will be deemed to be in the same position as a Receiver duly appointed by a mortgagee under the ActProperty Ordinance. The Chargor alone is shall be responsible for the any contracts, engagements, acts, omissions, defaults and losses of a Receiver and for any liabilities incurred by a Receiver. (b) No Finance Secured Party will shall incur any liability (either to the Chargor or to any other person) by reason of the appointment of a Receiver or for any other reason.

Appears in 1 contract

Samples: Company Debenture

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