Receiver’s Powers. (1) Any receiver appointed by the Collateral Agent shall be vested with the rights and remedies which could have been exercised by the Collateral Agent in respect of the Obligor or the Collateral and such other powers and discretions as are granted in the instrument of appointment and any supplemental instruments. The identity of the receiver, its replacement and its remuneration shall be within the sole and unfettered discretion of the Collateral Agent.
Appears in 7 contracts
Samples: Canadian Security Agreement (Williams Scotsman Inc), Credit Agreement (General Cable Corp /De/), Credit Agreement (General Cable Corp /De/)
Receiver’s Powers. (1) Any receiver appointed by the Collateral Agent shall be is vested with the rights and remedies which could have been exercised by the Collateral Agent in respect of the Obligor Obligors or the Collateral and such other powers and discretions as are granted in the instrument of appointment and any supplemental instruments. The identity of the receiver, its replacement and its remuneration shall be are within the sole and unfettered discretion of the Collateral Agent.
Appears in 4 contracts
Samples: Security Agreement (Novelis Inc.), Security Agreement (Novelis Inc.), Security Agreement (Novelis South America Holdings LLC)
Receiver’s Powers. (1a) Any receiver appointed by the Collateral Agent shall be is vested with the rights and remedies which could have been exercised by the Collateral Agent in respect of the Obligor any Assignor or the Collateral and such other powers and discretions as are granted in the instrument of appointment and any supplemental instruments. The identity of the receiver, its replacement and its remuneration shall be are within the sole and unfettered discretion of the Collateral Agent.
Appears in 3 contracts
Samples: Canadian Security Agreement (Ciena Corp), Canadian Security Agreement (Ciena Corp), Canadian Security Agreement (Ciena Corp)
Receiver’s Powers. (1) Any receiver appointed by the Collateral Agent shall be is vested with the rights and remedies which could have been exercised by the Collateral Agent in respect of the Obligor or the Collateral and such other powers and discretions as are granted in the instrument of appointment and any supplemental instruments. The identity of the receiver, its replacement and its remuneration shall be are within the sole and unfettered discretion of the Collateral Agent.
Appears in 3 contracts
Samples: Credit Agreement (Bway Parent Company, Inc.), Security Agreement (BWAY Holding CO), Security Agreement (Bway Corp)
Receiver’s Powers. (1) Any receiver appointed by the Collateral Agent shall be is vested with the rights and remedies which could have been exercised by the Collateral Agent in respect of each of the Obligor Obligors or the Collateral and such other powers and discretions as are granted in the instrument of appointment and any supplemental instruments. The identity of the receiver, its replacement and its remuneration shall be are within the sole and unfettered discretion of the Collateral Agent.
Appears in 2 contracts
Samples: Security Agreement (Johnstone Tank Trucking Ltd.), Security Agreement (Johnstone Tank Trucking Ltd.)
Receiver’s Powers. (1) Any receiver appointed by the Collateral Agent shall be is vested with the rights and remedies which could have been exercised by the Collateral Agent in respect of the each Obligor or the Collateral and such other powers and discretions as are granted in the instrument of appointment and any supplemental instruments. The identity of the receiver, its replacement and its remuneration shall be are within the sole and unfettered discretion of the Collateral Agent.
Appears in 2 contracts
Samples: Credit Agreement (Silgan Holdings Inc), Credit Agreement (Silgan Holdings Inc)
Receiver’s Powers. (1a) Any receiver appointed by the Collateral Agent shall be vested with the rights and remedies which could have been exercised by the Collateral Agent in respect of the Obligor each Grantor or the Collateral and such other powers and discretions as are granted in the instrument of appointment and any supplemental instruments. The identity of the receiver, its replacement and its remuneration shall be within the sole and unfettered discretion of the Collateral AgentAgent or any other Secured Parties.
Appears in 2 contracts
Samples: Pledge and Security Agreement (United Stationers Inc), Pledge and Security Agreement (United Stationers Inc)
Receiver’s Powers. (1) Any receiver appointed by the Collateral Agent shall be is vested with the rights and remedies which could have been exercised by the Collateral Agent in respect of the Obligor any Grantor or the Collateral and such other powers and discretions as are granted in the instrument of appointment and any supplemental instruments. The identity of the receiver, its replacement and its remuneration shall be are within the sole and unfettered discretion of the Collateral Agent.
Appears in 1 contract
Receiver’s Powers. (1a) Any receiver appointed by the Collateral Agent shall be is vested with the rights and remedies which could have been exercised by the Collateral Agent in respect of the Obligor a Grantor or the Collateral and such other powers and discretions as are granted in the instrument of appointment and any supplemental instruments. The identity of the receiver, its replacement and its remuneration shall be are within the sole and unfettered discretion of the Collateral Agent.
Appears in 1 contract
