Common use of Appointment of Receivers Clause in Contracts

Appointment of Receivers. At any time after the occurrence and during the continuation of an Event of Default, or if the Borrower requests it to do so, the Collateral Agent may by a written instrument and without notice to the Borrower appoint one or more persons as Receiver of all or any part of the Assigned Rights, each such person being entitled to act individually as well as jointly and being for all purposes the agent of the Borrower.

Appointment of Receivers. At any time after the occurrence and during the continuation of an Event of Default, or if the Borrower requests it to do so, the Collateral Agent may by a written instrument and without notice to the Borrower appoint one or more persons as Receiver of all or any part of the Assigned RightsRights and the Charged Property, each such person being entitled to act individually as well as jointly and being for all purposes the agent of the Borrower.

Appointment of Receivers. At any time after the occurrence and during the continuation of an Event of Default, or if the Borrower Company requests it to do so, the Collateral Agent may by a written instrument and without notice to the Borrower Company appoint one or more persons as Receiver of all or any part of the Assigned Rights, each such person being entitled to act individually as well as jointly and being for all purposes the agent of the BorrowerCompany.

Appointment of Receivers. At any time after the occurrence and during the continuation of an Event of Default, or if the Borrower requests it to do so, the Delegate Collateral Agent may by a written instrument and without notice to the Borrower appoint one or more persons as Receiver of all or any part of the Assigned RightsCharged Property, each such person being entitled to act individually as well as jointly and being for all purposes the agent of the Borrower.