Concerning the Receiver. (1) Any receiver appointed by the Bond Trustee shall be vested with the rights and remedies which could have been exercised by the Bond Trustee in respect of the Guarantor or the Collateral and such other powers and discretions as are granted in the instrument of appointment and any supplemental instruments. The identity of the receiver, its replacement and its remuneration shall be within the sole and unfettered discretion of the Bond Trustee.
Appears in 9 contracts
Samples: General Security Agreement, General Security Agreement, General Security Agreement
Concerning the Receiver. (1) Any receiver appointed by the Bond Trustee shall be vested with the rights and remedies which could have been exercised by the Bond Trustee in respect of the Guarantor LP or the Collateral and such other powers and discretions as are granted in the instrument of appointment and any supplemental instruments. The identity of the receiver, its replacement and its remuneration shall be within the sole and unfettered discretion of the Bond Trustee.
Appears in 2 contracts
Samples: General Security Agreement (RBC Covered Bond Guarantor Limited Partnership), General Security Agreement (RBC Covered Bond Guarantor Limited Partnership)
