Common use of Possession of Charged Property Clause in Contracts

Possession of Charged Property. Without prejudice to Clause 14.1 above, if the Security Agent or the Receiver enters into possession of the Charged Property, it will not be liable to account as mortgagee in possession and may at any time at its discretion go out of such possession.

Appears in 6 contracts

Samples: Share Charge and Receivables Assignment Agreement, Debenture, Share Charge and Receivables Assignment Agreement

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Possession of Charged Property. Without prejudice to Clause 14.1 12.1 above, if the Security Agent or the Receiver enters into possession of the Charged Property, it will not be liable to account as mortgagee in possession and may at any time at its discretion go out of such possession.

Appears in 1 contract

Samples: Deed of Charge

Possession of Charged Property. Without prejudice to Clause 14.1 above12.1 (No Liability), if the Security Agent Chargee or the Receiver enters into possession of the Charged Property, it will not be liable to account as mortgagee in possession and may at any time at its discretion go out of such possession.

Appears in 1 contract

Samples: Debenture (Consolidated Water Co LTD)

Possession of Charged Property. Without prejudice to Clause 14.1 16.1 (No Liability) above, if the Security Agent Chargee or the Receiver enters into possession of the Charged Property, it will not be liable to account as mortgagee in possession and may at any time at its discretion go out of such possession.

Appears in 1 contract

Samples: Security Deed (Glencore International Ag)

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Possession of Charged Property. Without prejudice to Clause 14.1 (No Liability) above, if the Security Agent Chargee or the Receiver enters into possession of the Charged Property, it will not be liable to account as mortgagee in possession and may at any time at its discretion go out of such possession.

Appears in 1 contract

Samples: Security Agreement (Fosun International LTD)

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