Common use of Receivership and Administration Clause in Contracts

Receivership and Administration. (i) Any encumbrancer takes possession of, or a receiver, administrative receiver or administrator or similar officer is appointed in any jurisdiction over or in relation to, all or any material part of the assets of any Obligor.

Appears in 1 contract

Samples: Facility Agreement (Atmel Corp)

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Receivership and Administration. (i) Any encumbrancer takes possession of, or a receiver, administrative receiver or administrator or similar officer is appointed in any jurisdiction over or in relation to, respect of all or any material part of the business or assets of any Obligor.Material Group Company; or

Appears in 1 contract

Samples: Facilities Agreement (Lucite International Group Holdings LTD)

Receivership and Administration. (i) Any encumbrancer takes possession of, or a receiver, administrative receiver or administrator or similar officer (including a conciliateur or an administrateur provisoire or a mandataire ad hoc) is appointed in any jurisdiction over or in relation to, all or any material part of the assets of the Parent or any ObligorMaterial Company.

Appears in 1 contract

Samples: Facilities Agreement (Ugi Corp /Pa/)

Receivership and Administration. (i) Any encumbrancer takes possession of, or a receiver, administrative receiver or administrator or similar officer is appointed in any jurisdiction over or in relation to, respect of all or any material substantial part of the business or assets of any Obligor.Material Group Company; or

Appears in 1 contract

Samples: Facilities Agreement (Yell Finance Bv)

Receivership and Administration. (ia) Any encumbrancer encumbrancer, receiver or similar officer takes possession of, or a receiver, administrative receiver or administrator or similar officer is appointed in any jurisdiction over or in relation to, all respect of (or any material part of petition is presented or meeting convened or application made for the assets purpose of any Obligor.such appointment over or in respect of):

Appears in 1 contract

Samples: Loan Agreement (Octel Corp)

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Receivership and Administration. (i) Any encumbrancer takes possession of, or a receiver, administrative receiver or administrator or similar officer is appointed in any jurisdiction over or in relation to, all or any material part of the assets of any ObligorMaterial Subsidiary or Material Excluded Company.

Appears in 1 contract

Samples: Credit Agreement (Delta I Acquisition Inc)

Receivership and Administration. (i) Any encumbrancer takes possession of, or a receiver, administrative receiver or administrator or similar officer (a conciliateur or an administrateur provisoire or a mandataire ad hoc) is appointed in any jurisdiction over or in relation to, all or any material part of the assets of any ObligorGroup Company.

Appears in 1 contract

Samples: Facilities Agreement (Ugi Corp /Pa/)

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