Common use of Removal of Receiver Clause in Contracts

Removal of Receiver. The Security Agent may by written notice remove from time to time any Receiver appointed by it (subject to the provisions of section 45 of the Insolvency Act 1986 in the case of an administrative receivership) and, whenever it thinks fit, appoint a new Receiver in the place of any Receiver whose appointment has terminated, for whatever reason.

Removal of Receiver. The Security Agent may by written notice remove from time to time any Receiver appointed by it (subject to the provisions of section 45 of the Insolvency Act 1986 in the case of an administrative receivership) and, whenever it thinks fitmay deem appropriate, appoint a new Receiver in the place of any Receiver whose appointment has terminated, for whatever reason.

Removal of Receiver. The Security Agent may by written notice remove from time to time any Receiver appointed by it (subject to the provisions of section 45 of the Insolvency Act 1986 Xxx 0000 in the case of an administrative receivership) and, whenever it thinks fitmay deem appropriate, appoint a new Receiver in the place of any Receiver whose appointment has terminated, for whatever reason.

Removal of Receiver. The Security Agent may by written notice remove from time to time any Receiver appointed by it (subject to the provisions of section 45 of the Insolvency Act 1986 Xxx 0000 in the case of an administrative receivership) and, whenever it thinks fit, appoint a new Receiver in the place of any Receiver whose appointment has terminated, for whatever reason.

Removal of Receiver. The Security Agent may by written notice remove from time to time any Receiver appointed by it (subject to the provisions of section 45 of the Insolvency Act 1986 Xxx 0000 in the case of an administrative receivershipreceiver) and, whenever it thinks fitmay deem appropriate, appoint a new Receiver in the place of any Receiver whose appointment has terminated, for whatever reason.

Removal of Receiver. The Security Agent may by written notice remove from time to time any Receiver appointed by it (subject to the provisions of section 45 of the Insolvency Act 1986 in the case of an administrative receivership) and, whenever it thinks fitmay deem appropriate, appoint a new Receiver in the place of any Receiver whose appointment has terminated, for whatever reason.

Removal of Receiver. The Security Agent may by written notice remove from time to time any Receiver appointed by it (subject to the provisions of section 45 of the Insolvency Act 1986 in Acx 0000 xn the case of an administrative receivership) and, whenever it thinks fitmay deem appropriate, appoint a new Receiver in the place of any Receiver whose appointment has terminated, for whatever reason.