Powers of a Receiver. In addition to the powers conferred on the Collateral Agent by this Assignment, each Receiver appointed pursuant to Clause 10.1 (Appointment of Receivers) shall have in relation to the Assigned Rights in respect of which such Receiver was appointed all the powers conferred by the Law of Property Xxx 0000 (as extended by this Assignment) on a Receiver appointed under that Act.
Powers of a Receiver. If the Trustee appoints a Receiver or administrative receiver pursuant to Clause 7.1, the following provisions shall have effect in relation thereto:
7.3.1 such appointment may be made either before or after the Trustee has taken possession of any Secured Property relating to any Series;
7.3.2 such Receiver may be vested by the Trustee with such powers and discretions as the Trustee has and may think expedient and may, subject as provided in Clause 7.1, (i) sell or concur in the sale all or any of the Secured Property, or assign or release all or any of the Secured Property, or (ii) continue the business of the Issuer as a going concern with respect to the Secured Property, in each case without restriction and on such terms and for such consideration (if any) as he may think fit and may carry any such transaction into effect by conveying, transferring and delivering in the name or on behalf of the Issuer or otherwise;
7.3.3 such Receiver shall in the exercise of his powers, authorities and discretions conform to regulations from time to time made by the Trustee;
7.3.4 the Trustee may from time to time fix the remuneration of such Receiver and direct payment thereof out of moneys accruing to him in the exercise of his powers as such; provided, however, that such remuneration shall only be payable from such sums as are realised in respect of those Series the Secured Property in respect of which are the subject of the appointment of such Receiver;
7.3.5 the Trustee may from time to time and at any time require any such Receiver to give security for the due performance of his duties as Receiver and may fix the nature and amount of the security to be so given but the Trustee shall not be bound in any case to require any such security;
7.3.6 save insofar as otherwise directed by the Trustee, all moneys in respect of any Series from time to time received by such Receiver shall be paid over forthwith to the Trustee to be held by it in accordance with the provisions of Clauses 6.1 to 6.3 as amended by the relevant Note Supplement;
7.3.7 every such Receiver shall be the agent of the Issuer for all purposes and the Issuer alone shall be responsible for his acts, defaults and misconduct, and the Trustee and the Secured Creditors of any Series shall not incur any liability therefor or by reason of its or their making or consenting to the appointment of a person as a Receiver under these presents; and
7.3.8 none of the Trustee and the Secured Creditors of any Series sha...
Powers of a Receiver. Any Receiver appointed under this Charge shall have all the powers granted to a receiver under the applicable law and, in addition shall have the right, either in his own name or in the name of the Borrower or otherwise and in such manner and upon such terms and conditions as the Receiver thinks fit:
(a) in connection with any sale or disposition of the Secured Property, to receive the consideration therefor in a lump sum or in instalments and to receive shares by way of consideration;
(b) to grant options, licences or any other interest whatsoever in relation to the Secured Property;
(c) to do all other acts and things which he may consider desirable or necessary for realising the Secured Property or incidental or conducive to any of the rights, powers or discretions conferred on a Receiver under, or by virtue of, this Charge; and
(d) to exercise in relation to the Secured Property all the powers, authorities and things which he would be capable of exercising if he were the absolute beneficial owner of the same.
Powers of a Receiver. 9.1 In addition to those powers conferred by law, a receiver shall have and be entitled to exercise in relation to the Mortgagor all the powers set out below:
(a) to exercise all rights of the Mortgagee under or pursuant to this Mortgage including all voting and other rights attaching to the Mortgaged Property;
(b) to make any arrangement or compromise with others as he shall think fit;
(c) to appoint managers, officers and agents for the above purposes at such remuneration as the receiver may determine;
(d) to redeem any prior encumbrance and settle and pass the accounts of the encumbrancer and any accounts so settled and passed shall (subject to any manifest error) be conclusive and binding on the Mortgagor and the money so paid shall be deemed an expense properly incurred by the receiver;
(e) to pay the proper administrative charges in respect of time spent by his agents and employees in dealing with matters raised by the receiver or relating to the receivership of the Mortgagor;
(f) without prejudice to Clause 6.13, to withdraw any Restrictions Notice issued by the Company with respect to any Mortgaged Property, where such withdrawal is permitted by section 273 of the Companies Law and to instruct the registered office provider of the Company to remove any notation relating to any such Restrictions Notice from the Register of Beneficial Ownership; and
(g) to do all such other acts and things as may be considered by the receiver to be incidental or conducive to any of the above matters or powers or otherwise incidental or conducive to the preservation, improvement or realisation of the Mortgaged Property or the value thereof.
Powers of a Receiver. 9.1 In addition to those powers conferred by law, a receiver shall have and be entitled to exercise in relation to a Mortgagor all the powers set out below:
(a) to exercise all rights of the Mortgagee under or pursuant to this Mortgage including all voting and other rights attaching to the Mortgaged Property;
(b) to make any arrangement or compromise with others as he/she shall think fit;
(c) to appoint managers, officers and agents for the above purposes at such remuneration as the receiver may determine;
(d) to redeem any prior encumbrance and settle and pass the accounts of the encumbrancer and any accounts so settled and passed shall (subject to any manifest error) be conclusive and binding on that Mortgagor and the money so paid shall be deemed an expense properly incurred by the receiver;
(e) to pay the proper administrative charges in respect of time spent by his/her agents and employees in dealing with matters raised by the receiver or relating to the receivership of that Mortgagor; and
(f) to do all such other acts and things as may be considered by the receiver to be incidental or conducive to any of the above matters or powers or otherwise incidental or conducive to the preservation, improvement or realisation of the Mortgaged Property or the value thereof.
Powers of a Receiver. In addition to the powers conferred on the Buyer and the Agent by this Deed, each Receiver appointed pursuant to Clause 11.1 (Appointment of Receivers) shall have in relation to the Deposit in respect of which such Receiver was appointed all the powers (a) conferred by the Law of Property Xxx 0000 (as extended by this Deed) on a Receiver appointed under that Act and (b) set out in Schedule 1 to the Insolvency Xxx 0000 as if such person were an administrative receiver of the Originator.
Powers of a Receiver. 11 9.4 Conflict............................................... 11 9.5
Powers of a Receiver enter upon, take possession of, collect and get in all or any of the Security Assets, exercise in respect of any shares or securities all voting or other powers or rights available to a registered holder thereof in such manner as he may think fit and bring, defend or discontinue any proceedings (including, without limitation, proceedings for the winding up of any Chargor) or submit to arbitration in the name of any Chargor or otherwise as may seem expedient to him;
Powers of a Receiver. (a) Every Receiver appointed pursuant to clause 11.1 (Appointment of Receivers) shall have and be entitled to exercise all of the powers set out in paragraph (b) below in addition to (i) all the powers conferred by the Law of Property Act (as extended by this Share Charge) on any receiver appointed under such Act and (ii) (whether or not such Receiver is an administrative receiver) all the powers of an administrative receiver set out in Schedule 1 to the Insolvency Act.
(b) The powers referred to in the first sentence of paragraph (a) above are:
(i) to take immediate possession of, get in and collect all or any part of the Secured Assets over which he is appointed;
(ii) to carry on the business of the Chargor insofar as it relates to the Secured Assets over which he is appointed as it may think fit; and
(iii) to do all such other acts and things as it may consider desirable or necessary for realising all or any part of the Secured Assets over which he is appointed or incidental or conducive to any of the matters, powers or authorities conferred on a Receiver under or by virtue of this Share Charge; to exercise in relation to all or any part of the Secured Assets over which he is appointed all such powers, authorities and things as it would be capable of exercising if it were the absolute beneficial owner of the same; and to use the name of the Chargor for all or any of such purposes.
Powers of a Receiver. A Receiver so appointed will have and be entitled to exercise, in addition to all powers conferred by the Land and Conveyancing Act and, to the extent applicable, the LPA (except where expressly disapplied in this Deed) and pursuant to Section 108(3) of the Land and Conveyancing Act, each of the additional powers, rights and obligations as set forth in Schedule 2 (Powers of a Receiver).
