Common use of Statutory Powers of Appointment Clause in Contracts

Statutory Powers of Appointment. The powers of appointment of a Receiver shall be in addition to all statutory and other powers of appointment of the Security Trustee under the Conveyancing and Property Ordinance (Cap.219) (as extended by this Debenture) or otherwise and such powers shall remain exercisable from time to time by the Security Trustee in respect of any part of the Charged Property.

Appears in 2 contracts

Samples: Marconi Corp PLC, Marconi Corp PLC

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Statutory Powers of Appointment. The powers of appointment of a Receiver shall be in addition to all statutory and other powers of appointment of the Security Trustee under the Conveyancing and Law of Property Ordinance (Cap.219) Act 1925 (as extended by this DebentureDeed) or otherwise and such powers shall poxxxx xxxll remain exercisable from time to time by the Security Trustee in respect of any part of the Charged Property.

Appears in 1 contract

Samples: Security Over Shares Agreement (Marconi Corp PLC)

Statutory Powers of Appointment. The powers of appointment of a Receiver shall be in addition to all statutory and other powers of appointment of the Security Trustee under the Conveyancing and Law of Property Ordinance (Cap.219) Xxx 0000 (as extended by this Debenture) or otherwise and such powers shall remain exercisable from time to time by the Security Trustee in respect of any part of the Charged Property.

Appears in 1 contract

Samples: Marconi Corp PLC

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Statutory Powers of Appointment. The powers of appointment of a Receiver shall be in addition to all statutory and other powers of appointment of the Security Trustee under the Conveyancing and Law of Property Ordinance (Cap.219) Xxx 0000 (as extended by this DebentureAgreement) or otherwise and such powers shall remain exercisable from time to time by the Security Trustee in respect of any part of the Charged PropertyPortfolio.

Appears in 1 contract

Samples: Assignment and Assumption (Fleetcor Technologies Inc)

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