Receiver definition

Receiver means a receiver or receiver and manager or administrative receiver of the whole or any part of the Charged Property.

Receiver means receiver, liquidator, rehabilitator, or conservator as the context requires.

Receiver is a person or business entity that is sent a Payment Instruction through the Zelle and Other Payment Services.

Examples of Receiver in a sentence

• The fees and disbursements of the Receiver, if paid by the Lender, will form part of the Indebtedness and will bear interest according to the terms of an Agreement and this Mortgage.

• Any money borrowed by the Receiver from the Lender, and any interest charged on that money and all the costs of borrowing, will form part of the Indebtedness and will bear interest at the rate and to be paid with the frequency provided under the applicable terms upon which such money was borrowed.

• Nothing done by the Receiver under this section 12 will make the Lender a mortgagee in possession, and the Borrower hereby releases and discharges the Lender and every Receiver from every claim of every nature, whether sounding in damages for negligence or trespass or otherwise, which may arise or be caused to the Borrower or any Person claiming through or under it by reason or as a result of anything done by the Lender or any Receiver under the provisions of this section 12.

• Upon Default, the Lender or the Lender as agent or attorney for the Borrower (with no such appointment being revocable by the Borrower), with or without entering into possession of the Property or any part thereof, may appoint in writing a Receiver and may remove any such Receiver and appoint a new Receiver in the place and stead of any previously appointed Receiver.

• The Receiver may borrow money for the purpose of doing anything the Receiver is authorized to do.

More Definitions of Receiver

Receiver means a receiver, a manager or a receiver and manager.

Receiver means a receiver or receiver and manager or administrative receiver of the whole or any part of the Charged Properties.

Receiver has the meaning set forth in the introduction to this Agreement.

Receiver means receiver or receiver and manager according to the nature of the appointment;

Receiver means a receiver appointed by the Security Trustee under this Deed and includes a receiver and manager and where more than one person has been appointed as receiver or receiver and manager each such person and also any servant agent or delegate of any such receiver or receiver and manager.

Receiver is a person or business entity that is sent a Payment Instruction through the Service.

Receiver means a receiver, receiver and manager or other Person having similar powers or authority appointed by the Administrative Agent or by a court at the instance of the Administrative Agent in respect of the Secured Assets or any part thereof.