Common use of Receiver to give security Clause in Contracts

Receiver to give security. The Trustee may, from time to time and at any time, require the Receiver to give security for the due performance of his duties as such Receiver and may fix the nature and the amount of the security to be given, but the Trustee shall not be bound in any case to require any such security.

Receiver to give security. The Trustee Trustees may, from time to time and at any time, require the Receiver to give security for the due performance of his duties as such Receiver and may fix the nature and the amount of the security to be given, but the Trustee Trustees shall not be bound in any case to require any such security.