Powers of the Bank. 4.1 The Bank may without restriction grant or accept surrenders of leases of the Property and the Charged Assets.
Powers of the Bank. For the attainment of its purposes the Bank may—
Powers of the Bank. 5.01 If any of the Secured Obligations is not paid or discharged when due or if requested by the Borrower, the Bank may without notice and without any statutory restriction (in particular the restrictions in Section 25 of the CLPA) and whether or not a Receiver shall have been appointed, exercise all the powers conferred upon mortgagees by the CLPA or otherwise in law or in equity as hereby varied or extended and all the powers and discretions hereby conferred either expressly or by inference on a Receiver including but without prejudice to the generality of the foregoing) full power to break, call in and withdraw the Account or otherwise to sell or dispose of the assets hereby assigned at such times in such manner and generally on such terms and conditions and for such consideration as the Bank may think fit with power to execute assurances and give effectual receipts and do all other acts and things necessary or desirable for completion of the withdrawal sale or other disposition and the application of all moneys received by the Bank under or in connection with the MTV Contract in or towards the payment or discharge of the Secured Obligations.
Powers of the Bank. 6.1. The Bank will without prejudice to its other rights, powers and remedies under this Deed and the other Security Documents be entitled (but not bound) at any time and as often as may be necessary to take any such action (including the right to serve a Notice of Assignment provided for in Clause 4.3.) as it may in its sole discretion think fit for the purpose of protecting or maintaining the security created by this Deed and each and every expense, liability and loss (including, without limitation, legal fees) so incurred by the Bank in or about the protection or maintenance of the said security together with interest payable thereon under Clause 5.1.(c) will be repayable to it by the Assignor on demand.
Powers of the Bank. 51 10.02 No Contract of Employment......................................................................51 10.03
Powers of the Bank. The Company shall have the power to amend or terminate the Plan and Trust as provided in Article VII, to appoint and remove members of the Committee as provided in Article VIII, to appoint and remove the Trustee as provided in Article IX, and to do such other acts and things as are provided elsewhere herein.
Powers of the Bank. At any time after the Bank shall have demanded payment or discharge of any money, obligation or liability hereby secured, in addition to all other powers or rights vested in it by law or otherwise, the Bank may, without any notice except as hereinafter provided and whether or not it shall have appointed a Receiver, enter into possession and sell all or any of the goodwill, undertaking, assets, rights and property hereby charged (provided that, in the case of the charge over the Charged Assets described in clause 4(a)(v), such charge shall, prior to the exercise of such power, operate as a fixed charge) or any part thereof at public or private sale or in any other manner and for such consideration and generally on such terms and conditions as the Bank may think fit. Upon any such sale, the Bank shall have the right to deliver, assign and transfer to each purchaser thereof such goodwill, undertaking, assets, rights or property in the name and on behalf of the Borrower. Each purchaser at any such sale shall hold the property so sold absolutely free from any equity or right of redemption of the Borrower who hereby specifically waives all rights of redemption, stay or appraisal which the Borrower has or may have under any rule or law or statute now existing or hereinafter adopted. The Bank shall give to the Borrower ten days written notice of its intention to make any such public or private sale. Such notice in case of public sale shall state the time and place fixed for such sale and in case of private sale the day on which such goodwill, undertaking, assets, rights and property or that portion thereof so being sold will first be offered for sale. Any such public sale shall be held at such time or times within ordinary business hours and at such place as the Bank may fix in the notice of such sale. At such sale, such goodwill, undertaking, assets, rights and property may be sold in one lot as an entirety or in separate parcels as the Bank may determine. The Bank shall not be obliged to make any public or private sale and may cause the same to be adjourned from time to time by announcement at the time and place fixed for the sale and such sale may be made at any time or place to which the same may be so adjourned. In case of any sale on credit or for future delivery the undertaking, assets, rights and property so sold may be retained by the Bank until the selling price is paid by each purchaser thereof but the Bank shall incur no liability in the case of the fa...
Powers of the Bank. At any time, without notice and at the expense of the Company, the Bank (in its name or in the name of the Company) may, but shall not be obligated to:
Powers of the Bank. Upon payment from the joint account to any one of the joint account holders, the Bank will be deemed to have been released from its liabilities towards other joint account holders as well up to the amount of payment made as such, and upon execution of any transaction or disposition in the account upon demand of any one of the joint account holders, the Bank will be deemed to have discharged the same responsibilities and liabilities towards other joint account holders as well. In the case of disputes that may arise between the joint account holders, if and when such dispute is referred to a competent court or a competent execution and bankruptcy office and is duly and officially notified to the Bank, the Bank will block the last balance of the account and refuse to make payment to anybody out of this account until receipt of a final official decision in connection therewith. As a security of any type or kind of debts or obligations of any one of the joint account holders to the Bank, the Bank may block or may establish a pledge or injunction or other encumbrance on the full amount of balance of the joint account or only the amount of outstanding debts, or may deduct or collect or recover the outstanding debts from the joint account balance, or may restrict the transactions and operations on the full account balance until the problem is resolved.
Powers of the Bank
