Common use of Remuneration of Receiver Clause in Contracts

Remuneration of Receiver. Every Receiver so appointed shall be entitled to remuneration for his services at a rate to be fixed by agreement between him and the Security Trustee (or, failing such agreement, to be fixed by the Security Trustee) appropriate to the work and responsibilities involved upon the basis of charging from time to time adopted in accordance with his current practice or the current practice of his firm and without being limited to the maximum rate specified in Section 109(6) of the Law of Property Xxx 0000.

Appears in 2 contracts

Samples: Security Agreement (Fly Leasing LTD), Co Borrower Security Agreement (Fly Leasing LTD)

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Remuneration of Receiver. Every Receiver so appointed shall be entitled to remuneration for his services at a rate to be fixed by agreement between him and the Security Trustee Secured Party (or, failing such agreement, to be conclusively fixed by the Security TrusteeSecured Party) appropriate to commensurate with the work and responsibilities involved upon the basis of charging from time to time adopted in accordance with his current practice or the current practice of his firm and without being limited to the maximum rate specified in Section section 109(6) of the Law of Property Xxx 0000.

Appears in 1 contract

Samples: Guarantee and Debenture (Summer Infant, Inc.)

Remuneration of Receiver. Every Each Receiver so appointed shall be entitled to remuneration ------------------------ for his services at a rate to be fixed by agreement between him and the Security Trustee Agent (or, failing such agreement, to be fixed by the Security TrusteeAgent) appropriate to the work and responsibilities involved upon the basis of charging from time to time adopted in accordance with his current practice or the current practice of his firm and without being limited to the maximum rate specified in Section section 109(6) of the Law of Property Xxx 0000.

Appears in 1 contract

Samples: Credit Agreement (Hawker Pacific Aerospace)

Remuneration of Receiver. Every Receiver so appointed shall be entitled to reasonable remuneration for his services at a rate to be fixed by agreement between him and the Security Trustee Chargee (or, failing such agreement, to be fixed by the Security TrusteeChargee in good faith) appropriate to the work and responsibilities involved upon the basis of charging from time to time adopted in accordance with his current practice or the current practice of his firm and without being limited to the maximum rate specified in Section 109(6) of the Law of Property Xxx 0000any applicable law or statute.

Appears in 1 contract

Samples: Debenture (Combinatorx, Inc)

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Remuneration of Receiver. Every Each Receiver so appointed shall be entitled to remuneration ------------------------ for his services at a rate to be fixed by agreement between him and the Security Trustee Agent (or, failing such Facility Agreement dated October 30, 2000 Schedule 6 agreement, to be fixed by the Security TrusteeAgent) appropriate to the work and responsibilities involved upon the basis of charging from time to time adopted in accordance with his current practice or the current practice of his firm and without being limited to the maximum rate specified in Section section 109(6) of the Law of Property Xxx 0000.

Appears in 1 contract

Samples: Facility Agreement (Hawker Pacific Aerospace)

Remuneration of Receiver. Every Each Receiver so appointed shall be entitled to ------------------------ remuneration for his services at a rate to be fixed by agreement between him and the Security Trustee Agent (or, failing such agreement, to be fixed by the Security TrusteeAgent) appropriate to the work and responsibilities involved upon the basis of charging from time to time adopted in accordance with his current practice or the current practice of his firm and without being limited to the maximum rate specified in Section section 109(6) of the Law of Property Xxx 0000.

Appears in 1 contract

Samples: Facility Agreement (Hawker Pacific Aerospace)

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