Common use of Receivership or Conservatorship Clause in Contracts

Receivership or Conservatorship. (i) There shall be appointed a receiver, conservator, liquidator, assignee, custodian, trustee, sequestrator or other similar official of the Credit Union or for any substantial part of its property, and such appointment shall remain unstayed and in effect for a period of sixty (60) days;

Appears in 36 contracts

Samples: Securities Purchase Agreement, Securities Purchase Agreement, Securities Purchase Agreement

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Receivership or Conservatorship. (i) There shall be appointed a receiver, conservator, liquidator, assignee, custodian, trustee, sequestrator or other similar official of the Credit Union Bank or for any substantial part of its property, and such appointment shall remain unstayed and in effect for a period of sixty (60) days;; or

Appears in 2 contracts

Samples: Exchange Agreement, Letter Agreement

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Receivership or Conservatorship. (i) There shall be appointed a receiver, conservator, liquidator, assignee, custodian, trustee, sequestrator or other similar official of the Credit Union Bank or for any substantial part of its property, and such appointment shall remain unstayed and in effect for a period of sixty (60) days;

Appears in 1 contract

Samples: Securities Purchase Agreement

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