Common use of Powers of Receivers Clause in Contracts

Powers of Receivers. Every Receiver for the time being holding office by virtue of an appointment made by the Collateral Agent hereunder shall (subject to any limitations or restrictions expressed in the deed or other instrument appointing him but notwithstanding any winding-up or dissolution of the Chargor) have, in relation to the Charged Property, or as the case may be, that part of the Charged Property in respect of which he was appointed:

Appears in 4 contracts

Samples: 3com Corp, 3com Corp, 3com Corp

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Powers of Receivers. Every Receiver for the time being holding office by virtue of an appointment made by the Collateral Agent hereunder shall (subject to any limitations or restrictions expressed in the deed or other instrument appointing him but notwithstanding any winding-up or dissolution of the ChargorMortgagor) have, in relation to the Charged Mortgaged Property, or as the case may be, that part of the Charged Mortgaged Property in respect of which he was appointed:

Appears in 1 contract

Samples: 3com Corp

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