Common use of Powers Exercisable by Receiver or Collateral Agent Clause in Contracts

Powers Exercisable by Receiver or Collateral Agent. In case the Collateral shall be in the possession of a receiver or trustee, lawfully appointed, the powers conferred in this Article X upon the Issuer or any Guarantor, as applicable, with respect to the release, sale or other disposition of such property may be exercised by such receiver or trustee, and an instrument signed by such receiver or trustee shall be deemed the equivalent of any similar instrument of the Issuer or any Guarantor, as applicable, or of any officer or officers thereof required by the provisions of this Article X.

Appears in 12 contracts

Samples: Indenture (BlueLinx Holdings Inc.), Indenture (Ryerson Holding Corp), Salem Media Group, Inc. /De/

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Powers Exercisable by Receiver or Collateral Agent. In case the Collateral shall be in the possession of a receiver or trustee, lawfully appointed, the powers conferred in this Article X XIII upon the Issuer Company or any Guarantor, as applicable, with respect to the release, sale or other disposition of such property may be exercised by such receiver or trustee, and an instrument signed by such receiver or trustee shall be deemed the equivalent of any similar instrument of the Issuer Company or any Guarantor, as applicable, or of any officer or officers thereof required by the provisions of this Article X.XIII.

Appears in 4 contracts

Samples: Covenants (Dole Food Co Inc), Toys R Us Property Co II, LLC, Toys R Us Inc

Powers Exercisable by Receiver or Collateral Agent. In case the Collateral shall be in the possession of a receiver or trustee, lawfully appointed, the powers conferred in this Article X upon the either Issuer or any Guarantor, as applicable, with respect to the release, sale or other disposition of such property may be exercised by such receiver or trustee, and an instrument signed by such receiver or trustee shall be deemed the equivalent of any similar instrument of the either Issuer or any Guarantor, as applicable, or of any officer or officers thereof required by the provisions of this Article X.

Appears in 2 contracts

Samples: Ryerson Holding Corp, Ryerson International Material Management Services, Inc.

Powers Exercisable by Receiver or Collateral Agent. In case the Collateral shall be in the possession of a receiver or trustee, lawfully appointed, the powers conferred in this Article X upon the Issuer Company or any Guarantor, as applicable, with respect to the release, sale or other disposition of such property Collateral may be exercised by such receiver or trustee, and an instrument signed by such receiver or trustee shall be deemed the equivalent of any similar instrument of the Issuer Company or any Guarantor, as applicable, or of any officer Officer or officers Officers thereof required by the provisions of this Article X.

Appears in 2 contracts

Samples: Guarantee (Tembec Industries Inc), Chetwynd Pulp Land Co Ltd.

Powers Exercisable by Receiver or Collateral Agent. In case the Collateral shall be in the possession of a receiver or trustee, lawfully appointed, the powers conferred in this Article X upon the Issuer or any Guarantor, as applicable, with respect to the release, sale or other disposition of such property Property may be exercised by such receiver or trustee, and an instrument signed by such receiver or trustee shall be deemed the equivalent of any similar instrument of the Issuer or any Guarantor, as applicable, or of any officer or officers thereof required by the provisions of this Article X.

Appears in 2 contracts

Samples: Jeffboat LLC, Louisiana-Pacific Corp

Powers Exercisable by Receiver or Collateral Agent. In case the Collateral shall be in the possession of a receiver or trustee, lawfully appointed, the powers conferred in this Article X XI upon the Issuer Issuers or any Guarantor, as applicable, with respect to the release, sale or other disposition of such property Collateral may be exercised by such receiver or trustee, and an instrument signed by such receiver or trustee shall be deemed the equivalent of any similar instrument of the Issuer Issuers or any Guarantor, as applicable, or of any officer or officers thereof required by the provisions of this Article X.XI.

Appears in 1 contract

Samples: Intercreditor Agreement (Bumble Bee Capital Corp.)

Powers Exercisable by Receiver or Collateral Agent. In case the Collateral shall be in the possession of a receiver or trustee, lawfully appointed, the powers conferred in this Article X upon the Issuer Company or any Guarantor, as applicable, with respect to the release, sale or other disposition of such property may be exercised by such receiver or trustee, and an instrument signed by such receiver or trustee shall be deemed the equivalent of any similar instrument of the Issuer Company or any Guarantor, as applicable, or of any officer or officers thereof required by the provisions of this Article X.Article.

Appears in 1 contract

Samples: Supplemental Indenture (Gray Television Inc)

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Powers Exercisable by Receiver or Collateral Agent. In case the Collateral shall be in the possession of a receiver or trustee, lawfully appointed, the powers conferred in this Article X XI upon the Issuer or any Guarantor, as applicable, Company with respect to the release, sale or other disposition of such property may be exercised by such receiver or trustee, and an instrument signed by such receiver or trustee shall be deemed the equivalent of any similar instrument of the Issuer or any Guarantor, as applicable, Company or of any officer or officers thereof required by the provisions of this Article X.XI.

Appears in 1 contract

Samples: Credit Agreement (Republic Engineered Steels Inc)

Powers Exercisable by Receiver or Collateral Agent. In case the any Collateral shall be in the possession of a receiver or trustee, lawfully appointed, the powers conferred in this Article X upon the Issuer Company or any Guarantor, as applicable, with respect to the release, sale or other disposition of such property may be exercised by such receiver or trustee, and an instrument signed by such receiver or trustee shall be deemed the equivalent of any similar instrument of the Issuer Company or any Guarantor, as applicable, or of any officer or officers thereof required by the provisions of this Article X.

Appears in 1 contract

Samples: Note Purchase Agreement (Cenveo, Inc)

Powers Exercisable by Receiver or Collateral Agent. In case the Collateral shall be in the possession of a receiver or trustee, lawfully appointed, the powers conferred in this Article X upon the Issuer Issuers or any Guarantor, as applicable, with respect to the release, sale or other disposition of such property Property may be exercised by such receiver or trustee, and an instrument signed by such receiver or trustee shall be deemed the equivalent of any similar instrument of the Issuer Issuers or any Guarantor, as applicable, or of any officer or officers thereof required by the provisions of this Article X.

Appears in 1 contract

Samples: APT Sunshine State LLC

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