Removal and Remuneration. The Collateral Agent may from time to time by writing under its hand remove any Receiver appointed by it and may whenever it may deem it expedient appoint a new Receiver in the place of any Receiver whose appointment may for any reason have terminated and may from time to time fix the remuneration of any Receiver appointed by it.
Removal and Remuneration. The Administrative Agent may from time to time by writing under its hand remove any Receiver appointed by it and may, whenever it may deem it expedient, appoint a new Receiver in the place of any Receiver whose appointment may for any reason have terminated and may from time to time fix the remuneration of any Receiver appointed by it.
Removal and Remuneration. 12 Section 7.4. COLLATERAL AGENT MAY EXERCISE RECEIVER'S POWERS...........................................12 Section 7.5. NO LIABILITY FOR ENTERING INTO POSSESSION.................................................12 Section 7.6. PROTECTION OF THIRD PARTIES...............................................................13 Section 7.7. EXPENSES..................................................................................13 Section 7.8. INDEMNITY.................................................................................13 ARTICLE VIII APPLICATION OF PROCEEDS............................................14 Section 8.1. ORDER OF APPLICATION......................................................................14 Section 8.2. SUSPENSE ACCOUNTS.........................................................................14
Removal and Remuneration. The Security Trustee may from time to time by writing under its hand remove any Receiver appointed by it and may, whenever it may deem it expedient, appoint a new Receiver in the place of any Receiver whose appointment may for any reason have terminated and may from time to time fix the remuneration of any Receiver appointed by it.
Removal and Remuneration. The Security Agent may from time to time by writing under its hand (subject to any requirement for an order of the court in the case of an administrative receiver) remove any Receiver appointed by it and may, whenever it may deem it expedient, appoint a new Receiver in the place of any Receiver whose appointment may for any reason have terminated and may from time to time fix the remuneration of any Receiver appointed by it.
Removal and Remuneration. The Indenture Trustee may from time to time by writing under its hand remove any Receiver appointed by it and may whenever it may deem it expedient appoint a new Receiver in the place of any Receiver whose appointment may for any reason have terminated and may from time to time fix the remuneration of any Receiver appointed by it.
Removal and Remuneration. 12 Section 7.4. Indenture Trustee May Exercise Receiver's Powers.............. 12 Section 7.5. No Liability As Mortgagee In Possession....................... 12 Section 7.6. Protection Of Third Parties................................... 12 Section 7.7. Expenses...................................................... 12 Section 7.8. Indemnity..................................................... 13 ARTICLE VIII APPLICATION OF PROCEEDS.......................... 13 Section 8.1. Order of Application.......................................... 13
Removal and Remuneration. NatWest may from time to time, by writing under its hand, remove any Receiver appointed by it and may, whenever it may deem it expedient, appoint a new Receiver in the place of any Receiver whose appointment may for any reason have terminated, and may from time to time fix the remuneration of any Receiver appointed by it.
Removal and Remuneration. The Chargee may from time to time by writing under its hand (subject to any requirement for an order of the court in the case of an administrative receiver) remove any Receiver appointed by it and may, whenever it may deem it expedient, appoint a new Receiver in the place of any Receiver whose appointment may for any reason have terminated and may from time to time fix the remuneration of any Receiver appointed by it provided that such remuneration shall be on market terms.
Removal and Remuneration. (a) The UK Security Trustee may whenever it may deem it expedient (and so far as it is lawfully able), by written instrument (i) remove any Receiver appointed by it and (ii) appoint a new Receiver in the place of any Receiver whose appointment has been terminated and may from time to time fix the remuneration of any Receiver appointed by it without the limitations imposed by Section 109 of the Law of Property Act.
(b) The Borrower shall be solely responsible for the payment of the remuneration of any Receiver appointed pursuant to this Debenture, including for costs, charges and expenses of the Receiver (other than those caused by the Receiver’s gross negligence, wilful misconduct or bad faith).
