Common use of Power of appointment additional to statutory powers Clause in Contracts

Power of appointment additional to statutory powers. The power to appoint a Receiver conferred by this deed shall be in addition to all statutory and other powers of the Lender under the Insolvency Xxx 0000, the LIPA 1925 or otherwise, and shall be exercisable without the restrictions contained in sections 103 and 109 of the LPA 1925 or otherwise.

Appears in 2 contracts

Samples: Debenture (Talend SA), Debenture (Talend SA)

AutoNDA by SimpleDocs

Power of appointment additional to statutory powers. The power to appoint a Receiver conferred by this deed shall be in addition to all statutory and other powers of the Lender under the Insolvency Xxx 0000, the LIPA LPA 1925 or otherwise, and shall be exercisable without the restrictions contained in sections 103 and 109 of the LPA 1925 or otherwise.

Appears in 2 contracts

Samples: Debenture (SmartKem, Inc.), Debenture (Talend S.A.)

AutoNDA by SimpleDocs

Power of appointment additional to statutory powers. The power to appoint a Receiver conferred by this deed shall be in addition to all statutory and other powers of the Lender Funder under the Insolvency Xxx 0000Act 1986, the LIPA LPA 1925 or otherwise, and shall be exercisable without the restrictions contained in sections 103 and 109 of the LPA 1925 or otherwise.

Appears in 1 contract

Samples: Grant Funding Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!