Common use of Right to Appoint Receiver Clause in Contracts

Right to Appoint Receiver. Without limiting and in addition to any other rights, options and remedies Agent and Note Purchasers have under the Transaction Documents, the UCC, at law or in equity, upon the occurrence and continuation of an Event of Default, Administrative Agent shall have the right to apply for and have a receiver appointed by a court of competent jurisdiction in any action taken by Administrative Agent and/or any Note Purchaser to enforce its rights and remedies in order to manage, protect and preserve the Collateral and continue the operation of the business of Issuer and to collect all revenues and profits thereof and apply the same to the payment of all expenses and other charges of such receivership including the compensation of the receiver and to the payments as aforesaid until a sale or other disposition of such Collateral shall be finally made and consummated

Right to Appoint Receiver. Without limiting and in addition to any other rights, options and remedies Agent and Note Purchasers Lenders have under the Transaction Loan Documents, the UCC, at law or in equity, upon the occurrence and continuation of an Event of Default, Administrative Agent shall have the right to apply for and have a receiver appointed by a court of competent jurisdiction in any action taken by Administrative Agent and/or any Note Purchaser Lender to enforce its rights and remedies in order to manage, protect and preserve the Collateral and continue the operation of the business of Issuer Borrower and to collect all revenues and profits thereof and apply the same to the payment of all expenses and other charges of such receivership including the compensation of the receiver and to the payments as aforesaid until a sale or other disposition of such Collateral shall be finally made and consummated

Right to Appoint Receiver. Without limiting and in addition to any other rights, options and remedies Agent and Note Purchasers the other Secured Parties have under the Transaction Loan Documents, the UCC, at law or in equity, upon the occurrence and continuation of an Event of Default, Administrative Agent shall have the right to apply for and have a receiver appointed by a court of competent jurisdiction in any action taken by Administrative Agent and/or any Note Purchaser other Secured Party to enforce its rights and remedies in order to manage, protect and preserve the Collateral and continue the operation of the business of Issuer Borrower and to collect all revenues and profits thereof and apply the same to the payment of all expenses and other charges of such receivership including the compensation of the receiver and to the payments as aforesaid until a sale or other disposition of such Collateral shall be finally made and consummated.

Right to Appoint Receiver. Without limiting and in addition to any other rights, options and remedies Agent and Note Purchasers the other Secured Parties have under the Transaction Loan Documents, the UCC, at law or in equity, upon the occurrence and continuation of an Event of Default, Administrative Agent shall have the right to apply for and have a receiver appointed by a court of competent jurisdiction in any action taken by Administrative Agent and/or any Note Purchaser other Secured Party to enforce its rights and remedies in order to manage, protect and preserve the Collateral and continue the operation of the business of Issuer Borrower and to collect all revenues and profits thereof and apply the same to the payment of all expenses and other charges of such receivership including the compensation of the receiver and to the payments as aforesaid until a sale or other disposition of such Collateral shall be finally made and consummated. [RumbleOn] Loan Agreement