Common use of Receiver or Receiver-Manager Clause in Contracts

Receiver or Receiver-Manager. Any time after the security interests hereby created have become enforceable, the Secured Party may from time to time appoint in writing any qualified person to be a Receiver or Receiver and Manager (“Receiver”) of the Collateral and may likewise remove any such person so appointed and appoint another qualified person in his stead. Any such Receiver appointed hereunder will have the following powers:

Appears in 1 contract

Samples: General Security Agreement (Red Mile Entertainment Inc)

AutoNDA by SimpleDocs

Receiver or Receiver-Manager. Any time after the security interests hereby created have Security Interest has become enforceable, the Secured Party Parties may from time to time appoint in writing any qualified person Person to be a Receiver receiver or Receiver receiver and Manager manager ("Receiver") of the Collateral and may likewise remove any such person so appointed and appoint another qualified person in his stead. Any such Receiver appointed hereunder will have the following powers:

Appears in 1 contract

Samples: General Security Agreement (DecisionPoint Systems, Inc.)

Receiver or Receiver-Manager. Any time after the security interests hereby created have become enforceable, the Secured Party may from time to time appoint in writing any qualified person to be a Receiver or Receiver and Manager ("Receiver") of the Collateral and may likewise remove any such person so appointed and appoint another qualified person in his stead. Any such Receiver appointed hereunder will have the following powers:

Appears in 1 contract

Samples: Commercial Security Agreement (Icon Laser Eye Centers Inc)

AutoNDA by SimpleDocs

Receiver or Receiver-Manager. Any time after the security interests hereby created have become enforceable, the Secured Party may from time to time appoint in writing any qualified person to be a Receiver receiver or Receiver and Manager receiver-manager (“Receiver”) of the Collateral and may likewise remove any such person so appointed and appoint another qualified person in his stead. Any such Receiver appointed hereunder will have the following powers:

Appears in 1 contract

Samples: General Security Agreement (Vista Gold Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!