Common use of Joint Appointment Clause in Contracts

Joint Appointment. If at any time two or more persons have been appointed as Receivers of the same Secured Assets, each one of those Receivers shall be entitled to exercise individually all of the rights conferred on Receivers under this Debenture to the exclusion of the other or others in relation to any of the Secured Assets in respect of which he has been appointed unless the European Agent shall state otherwise in the document appointing him.

Appears in 1 contract

Samples: Revolving Credit Agreement (Patheon Inc)

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Joint Appointment. If at any time two or more persons have been appointed as Receivers of the same Secured Assets, each one of those Receivers shall be entitled to exercise individually all of the rights conferred on Receivers under this Debenture Deed to the exclusion of the other or others in relation to any of the Secured Assets in respect of which he or she has been appointed unless the European Administrative Agent shall state otherwise in the document appointing himhim or her.

Appears in 1 contract

Samples: Security Deed (Elizabeth Arden Inc)

Joint Appointment. If at any time two or more persons have been appointed as Receivers of the same Secured Security Assets, each one of those Receivers shall be entitled to exercise individually all of the rights conferred on Receivers under this Debenture Deed to the exclusion of the other or others in relation to any of the Secured Security Assets in respect of which he has been appointed unless the European Agent shall state otherwise in the document appointing him.

Appears in 1 contract

Samples: Receivables Transfer Agreement (Agco Corp /De)

Joint Appointment. If at any time two or more persons have been appointed as Receivers of the same Secured Assets, each one of those Receivers shall be entitled to exercise individually all of the rights conferred on Receivers under this Debenture to the exclusion of the other or others in relation to any of the Secured Assets in respect of which he has been appointed unless the European French Administrative Agent shall state otherwise in the document appointing him.. Table of Contents

Appears in 1 contract

Samples: Credit Agreement (Mirion Technologies, Inc.)

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Joint Appointment. If at any time two or more persons have been appointed as Receivers of the same Secured AssetsCharged Property, each one of those Receivers shall be entitled to exercise individually all of the rights conferred on Receivers under this Debenture Deed to the exclusion of the other or others in relation to any of the Secured Assets Charged Property in respect of which he has been appointed unless the European Collateral Agent shall state otherwise in the document appointing him.

Appears in 1 contract

Samples: Ip Security Agreement (Lombard Medical, Inc.)

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