Common use of Relationship with Security Trustee Clause in Contracts

Relationship with Security Trustee. To the fullest extent permitted by law, any right, power or discretion conferred by this Deed (either expressly or impliedly) upon a Receiver of the Security Assets may after the security created by this Deed becomes enforceable be exercised by the Security Trustee in relation to any Security Asset without first appointing a Receiver or notwithstanding the appointment of a Receiver.

Appears in 3 contracts

Samples: Share Purchase Agreement (British Energy Group PLC), British Energy Group PLC, Wilshire Real Estate Investment Trust Inc

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Relationship with Security Trustee. To the fullest extent permitted by law, any right, power or discretion conferred by this Deed Debenture (either expressly or impliedly) upon a Receiver of the Security Assets may after the security created by this Deed Debenture becomes enforceable be exercised by the Security Trustee in relation to any Security Asset without first appointing a Receiver or notwithstanding the appointment of a Receiver.

Appears in 1 contract

Samples: Pooling and Settlement Agreement (British Energy Group PLC)

Relationship with Security Trustee. To the fullest extent permitted allowed by law, any right, power or discretion conferred by this Deed (either expressly or impliedly) upon or by law on a Receiver of the Security Assets may after the security created by this Deed Security becomes enforceable be exercised by the Security Trustee in relation to any Security Asset without first appointing a Receiver or and notwithstanding the appointment of a Receiver.

Appears in 1 contract

Samples: Agreement (Halliburton Co)

Relationship with Security Trustee. To the fullest extent permitted allowed by law, any right, power or discretion conferred by this Deed (either expressly or impliedly) upon or by law on a Receiver of the Security Assets may after the security created by this Deed Security becomes enforceable be exercised by the Security Trustee in relation to any Security Asset without first appointing a Receiver or notwithstanding the appointment of a Receiver.

Appears in 1 contract

Samples: Security Agreement

Relationship with Security Trustee. To the fullest extent permitted allowed by law, any right, power or discretion conferred by this Deed Agreement (either expressly or impliedly) upon or by law on a Receiver of may, after the Security Assets may after the security created by this Deed Agreement becomes enforceable enforceable, be exercised by the Security Trustee in relation to any Security Asset without first appointing a Receiver or notwithstanding the appointment of a Receiver.

Appears in 1 contract

Samples: Security Trust Agreement

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Relationship with Security Trustee. To the fullest extent permitted by law, any right, power or discretion conferred by this Deed Mortgage of Shares (either expressly or impliedly) upon a Receiver of the Security Assets may after the security created by this Deed Mortgage of Shares becomes enforceable be exercised by the Security Trustee in relation to any Security Asset without first appointing a Receiver or notwithstanding the appointment of a Receiver.

Appears in 1 contract

Samples: Credit Agreement (British Energy Group PLC)

Relationship with Security Trustee. To the fullest extent permitted by law, any right, power or discretion conferred by this Deed Assignment (either expressly or impliedly) upon a Receiver of the Security Assets may after the security created by this Deed Assignment becomes enforceable be exercised by the Security Trustee in relation to any Security Asset without first appointing a Receiver or notwithstanding the appointment of a Receiver.

Appears in 1 contract

Samples: Share Purchase Agreement (British Energy Group PLC)

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