Common use of Trustee’s Right to Receiver Clause in Contracts

Trustee’s Right to Receiver. The Trustee shall be entitled as of right to the appointment of a receiver; and the Trustee, the Registered Owners and any receiver so appointed shall have such rights and powers and be subject to such limitations and restrictions as are permitted by law.

Appears in 9 contracts

Samples: Trust Indenture (York Water Co), Trust Indenture (York Water Co), Trust Indenture (York Water Co)

AutoNDA by SimpleDocs

Trustee’s Right to Receiver. The As provided by the Act, the Trustee shall be entitled as of right to the appointment of a receiver; and the Trustee, the Registered Owners Bondholders and any receiver so appointed shall have such rights and powers and be subject to such limitations and restrictions as are may be contained in or permitted by lawthe Act.

Appears in 7 contracts

Samples: Loan Agreement (Gateway Trade Center Inc.), Loan Agreement (Gateway Trade Center Inc.), Loan Agreement (Gateway Trade Center Inc.)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!