Common use of Powers of a Receiver Clause in Contracts

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. 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 DesalCo 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. 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 DesalCo 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.