Common use of Privileges Clause in Contracts

Privileges. Each Receiver and the Collateral Agent is entitled to all the rights, powers, privileges and immunities conferred by law (including the Act) on mortgagees and receivers duly appointed under any law (including the Act), except that Section 103 of the Act does not apply.

Appears in 4 contracts

Samples: Security Agreement (Gates Global Inc.), Security Agreement (Gates Global Inc.), Security Agreement (St. Augustine Real Estate Holding LLC)

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Privileges. Each Receiver and the Collateral Agent is entitled to all the rights, powers, privileges and immunities conferred by law (including the Act) on mortgagees and receivers duly appointed under any law (including the Act), except that Section 103 of the Act does not apply.

Appears in 4 contracts

Samples: Credit Agreement (Novelis Inc.), Credit Agreement (Novelis Inc.), Credit Agreement (Novelis South America Holdings LLC)

Privileges. Each Receiver and the Collateral Agent is entitled to all the rights, powers, privileges and immunities conferred by law (including the Act) Act on mortgagees and receivers duly appointed under any law (including the Act), except that Section 103 of the Act does not apply.

Appears in 3 contracts

Samples: Security Agreement (Warp Technology Holdings Inc), Security Agreement (Warp Technology Holdings Inc), Security Agreement (Warp Technology Holdings Inc)

Privileges. Each Receiver and the Collateral Agent is entitled to all the rights, powers, privileges and immunities conferred by law (including by the Act) on mortgagees and receivers duly appointed under any law (including the Act), except ) save that Section section 103 of the Act does shall not apply.

Appears in 3 contracts

Samples: Credit and Guaranty Agreement (American Airlines, Inc.), First Amendment and Restatement Agreement (American Airlines Inc), Credit and Guaranty Agreement (American Airlines Inc)

Privileges. Each Receiver and the Notes Collateral Agent is entitled to all the rights, powers, privileges and immunities conferred by law (including the Act) Act on mortgagees and receivers duly appointed under any law (including the Act), except that Section 103 of the Act does not apply.

Appears in 2 contracts

Samples: Security Agreement (Cushman & Wakefield PLC), Security Agreement (Cushman & Wakefield PLC)

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Privileges. Each Receiver and the Collateral Security Agent is entitled to all the rights, powers, privileges and immunities conferred by law (including by the Act) on mortgagees and receivers duly appointed under any law (including the Act), except ) save that Section section 103 of the Act does shall not apply.

Appears in 1 contract

Samples: Debenture

Privileges. Each Receiver and the Collateral Agent is entitled to all the rights, powers, privileges and immunities conferred by law (including the Act) Act on mortgagees and receivers duly appointed under any law (including the Act), except that Section 103 of the Act does not apply.

Appears in 1 contract

Samples: Security Agreement (Mimecast LTD)

Privileges. Each Receiver and the Collateral Agent is entitled to all the rights, powers, privileges and immunities conferred by law (including the Act) Act on mortgagees and receivers when such receivers have been duly appointed under any law (including the Act), except that Section section 103 of the Act does not apply.

Appears in 1 contract

Samples: Abl Credit Agreement (Tesla, Inc.)

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