Common use of Application to Court Clause in Contracts

Application to Court. The Collateral Agent may, at any time after the Charge has become enforceable, apply to the court for an order that the terms of this Deed be carried into execution under the direction of the Court and for the appointment of a Receiver of the Charged Property or any part thereof and for any other order in relation to the administration of the terms of this Deed as the Collateral Agent shall deem fit and it may assent to or approve any application to the Court made at the instance of the Collateral Agent or on its behalf and the Collateral Agent shall be indemnified by the Chargor against all costs, charges and expenses properly incurred by it in relation to any such application or proceedings.

Appears in 2 contracts

Samples: 3com Corp, 3com Corp

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Application to Court. The Collateral Agent may, at any time after the Charge Security has become enforceable, apply to the court for an order that the terms of this Deed Fixed and Floating Charge be carried into execution under the direction of the Court and for the appointment of a Receiver of the Charged Property or any part thereof and for any other order in relation to the administration of the terms of this Deed Fixed and Floating Charge as the Collateral Agent shall deem fit and it may assent to or approve any application to the Court made at the instance of the Collateral Agent or on its behalf and the Collateral Agent shall be indemnified by the Chargor against all costs, charges and expenses properly incurred by it in relation to any such application or proceedings.

Appears in 1 contract

Samples: 3com Corp

Application to Court. The Collateral Agent may, at any time after the Charge Mortgage has become enforceable, apply to the court for an order that the terms of this Deed be carried into execution under the direction of the Court and for the appointment of a Receiver of the Charged Mortgaged Property or any part thereof and for any other order in relation to the administration of the terms of this Deed as the Collateral Agent shall deem fit and it may assent to or approve any application to the Court made at the instance of the Collateral Agent or on its behalf and the Collateral Agent shall be indemnified by the Chargor Mortgagor against all costs, charges and expenses properly incurred by it in relation to any such application or proceedings.

Appears in 1 contract

Samples: 3com Corp

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Application to Court. The Collateral Agent may, at any time after the Charge Security has become enforceable, apply to the court for an order that the terms of this Deed Fixed and Floating Charge be carried into execution under the direction of the Court court and for the appointment of a Receiver of the Charged Property or any part thereof and for any other order in relation to the administration of the terms of this Deed Fixed and Floating Charge as the Collateral Agent shall deem fit and it may assent to or approve any application to the Court court made at the instance of the Collateral Agent or on its behalf and the Collateral Agent shall be indemnified by the Chargor against all costs, charges and expenses properly incurred by it in relation to any such application or proceedings.

Appears in 1 contract

Samples: 3com Corp

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