Common use of Powers of Receiver Clause in Contracts

Powers of Receiver. The Receiver shall, in addition to all powers conferred from time to time on mortgagees or receivers by law or otherwise, have power (exercisable without further notice) either in his own name or in the name of the relevant Chargor or otherwise and in such manner and upon such terms and conditions as the Receiver shall think fit and either alone or jointly with any other person:

Powers of Receiver. The Receiver shall, in addition to all powers conferred from time to time on mortgagees or receivers by law or otherwise, have power (exercisable without further notice) either in his own name or in the name of the relevant Chargor or otherwise and in such manner and upon such terms and conditions as the Receiver shall think fit and either alone or jointly with any other person: