Common use of Rights of Receiver Clause in Contracts

Rights of Receiver. Any Rights conferred by this Deed upon a Receiver may be exercised by the Security Trustee after the security constituted by this Deed has become enforceable, irrespective of whether the Security Trustee shall have taken possession or appointed a Receiver.

Appears in 3 contracts

Samples: Chaparral Resources Inc, Chaparral Resources Inc, Chaparral Resources Inc

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Rights of Receiver. Any Rights conferred by this Deed upon a Receiver may be exercised by the Security Trustee after the security constituted by this Deed has become enforceable, irrespective of whether the Security Trustee shall have taken possession of the Assigned Assets or appointed a Receiver.

Appears in 2 contracts

Samples: Chaparral Resources Inc, Chaparral Resources Inc

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Rights of Receiver. Any Rights conferred by this Deed upon a Receiver may be exercised by the Security Trustee after the security constituted by this Deed has become enforceable, irrespective of whether the Security Trustee shall have taken possession of the Assigned Assets or appointed a Receiver.

Appears in 1 contract

Samples: Chaparral Resources Inc

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