Common use of Powers Exercisable by Trustee or Receiver Clause in Contracts

Powers Exercisable by Trustee or Receiver. In case the Collateral (other than any cash, Temporary Cash Investments, securities and other personal property held by, or required to be deposited or pledged with, the Collateral Agent hereunder or under the Collateral Agency Agreement (including all amounts on deposit in the Notes Collateral Account) or under the other Security Documents or with the trustee, mortgagee or other holder a prior Permitted Lien) shall be in the possession of a receiver or trustee lawfully appointed, the powers hereinbefore in this Article 13 conferred upon the Company with respect to the withdrawal or application of Trust Monies may be exercised by such receiver or trustee, in which case a certificate signed by such receiver or trustee shall be deemed the equivalent of any Officer's Certificate required by this Article 13.