Common use of Statutory Powers Clause in Contracts

Statutory Powers. The powers conferred on mortgagees or receivers or administrative receivers by the Law of Property Xxx 0000 and the Insolvency Xxx 0000 (as the case may be) shall apply to the security constituted by this Deed except insofar as they are expressly or impliedly excluded and where there is ambiguity or conflict between the powers contained in such Acts and those contained in this Deed, then this Deed shall prevail.

Appears in 3 contracts

Samples: Randgold Resources LTD, Randgold Resources LTD, Randgold Resources LTD

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Statutory Powers. The powers conferred on mortgagees or mortgagees, receivers or administrative receivers by the Law of Property Xxx 0000 and the Insolvency Xxx 0000 (as the case may be) shall apply to the security constituted by Security created under this Deed except insofar as Deed, unless they are expressly or impliedly excluded and where excluded. If there is ambiguity or conflict between the powers contained in such those Acts and those contained in this Deed, then those contained in this Deed shall prevail.

Appears in 2 contracts

Samples: Assignment Agreement, entaingroup.com

Statutory Powers. The powers conferred on mortgagees or mortgagees, receivers or administrative receivers by the Law of Property Xxx 0000 and the Insolvency Xxx 0000 (as the case may be) shall apply to the security constituted created by this Deed except insofar as deed, unless they are expressly or impliedly excluded and where excluded. If there is ambiguity or conflict between the powers contained in such those Acts and those contained in this Deeddeed, then those contained in this Deed deed shall prevail.

Appears in 2 contracts

Samples: Guarantee and Collateral Agreement (Aspen Insurance Holdings LTD), Guarantee and Collateral Agreement (Aspen Insurance Holdings LTD)

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Statutory Powers. The powers conferred on mortgagees or mortgagees, receivers or administrative receivers by the Law of Property Xxx 0000 and the Insolvency Xxx 0000 (as the case may be) shall apply to the security constituted by this Deed except insofar as Security, unless they are expressly or impliedly excluded and where excluded. If there is ambiguity or conflict between the powers contained in such those Acts and those contained in this Deed, then those contained in this Deed shall prevail.

Appears in 1 contract

Samples: Credit Agreement (Appleton Papers Inc/Wi)

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