Common use of Appointment of receivers and managers Clause in Contracts

Appointment of receivers and managers. any administrative or other receiver is appointed of the Borrower or any other Security Party or any other Restricted Company or any part of its assets and/or undertaking or any other steps are taken to enforce any Encumbrance over all or any part of the assets of the Borrower or any other Security Party or any other Restricted Company; or

Appointment of receivers and managers. any administrative or other receiver is appointed of the Borrower or any other Security Party or any other Restricted Company or any part of its assets and/or undertaking or any other steps are taken to enforce any Encumbrance over all or any part of the assets of the Borrower or any other Security Party or any other Restricted Company; or

Appointment of receivers and managers. any administrative or other receiver is appointed of the Borrower or any other Security Party or any other Restricted Company member of the Group or any part of its assets and/or undertaking or any other steps are taken to enforce any Encumbrance over all or any part of the assets of the Borrower or any other Security Party or any other Restricted Companymember of the Group; or