Common use of Agent of the Chargor Clause in Contracts

Agent of the Chargor. (a) A Receiver will be deemed to be the agent of the Chargor for all purposes and accordingly will be deemed to be in the same position as a Receiver duly appointed by a mortgagee under the Law of Property Act 1925. The Chargor alone is responsible for any contracts, engagements, acts, omissions, defaults and losses of a Receiver and for any liabilities incurred by a Receiver. (b) No Secured Party will incur any liability (either to the Chargor or to any other person) by reason of the appointment of a Receiver or for any other reason.

Appears in 3 contracts

Sources: Debenture, Security Agreement, Security Agreement

Agent of the Chargor. (a) A Receiver will be deemed to be the agent of the Chargor for all purposes and accordingly will be deemed to be in the same position as a Receiver duly appointed by a mortgagee under the Law of Property Act 1925Act. The Chargor alone is responsible for any the contracts, engagements, acts, omissions, defaults and losses of a Receiver and for any liabilities incurred by a Receiver. (b) No Secured Finance Party will incur any liability (either to the Chargor or to any other person) by reason of the appointment of a Receiver or for any other reason.

Appears in 3 contracts

Sources: Security Agreement (Warp Technology Holdings Inc), Security Agreement (Warp Technology Holdings Inc), Security Agreement (Warp Technology Holdings Inc)

Agent of the Chargor. (a) A Receiver will be deemed to be the agent of the Chargor for all purposes and accordingly will be deemed to be in the same position as a Receiver duly appointed by a mortgagee under the Law of Property Act 1925Act. The Chargor alone is responsible for any the contracts, engagements, acts, omissions, defaults and losses of a Receiver and for any liabilities incurred by a Receiver. (b) No Secured Party Lender will incur any liability (either to the Chargor or to any other person) by reason of the appointment of a Receiver or for any other reason.

Appears in 2 contracts

Sources: Mortgage of Shares (Warp Technology Holdings Inc), Mortgage of Shares (Warp Technology Holdings Inc)

Agent of the Chargor. (a) A Receiver will be deemed to be the agent of the Chargor for all purposes and accordingly will be deemed to be in the same position as a Receiver duly appointed by a mortgagee under the Law of Property Act 1925Act. The Chargor alone is solely responsible for any the contracts, engagements, acts, omissions, defaults and losses of a Receiver and for any liabilities incurred by a Receiver. (b) No Secured Party will incur any liability (either to the Chargor or to any other person) by reason of the appointment of a Receiver or for any other reason.

Appears in 2 contracts

Sources: Credit Agreement (Novelis Inc.), Credit Agreement (Novelis Inc.)

Agent of the Chargor. (a) A Receiver will be deemed to be the agent of the Chargor for all purposes and accordingly will be deemed to be in the same position as a Receiver duly appointed by a mortgagee under the Law of Property Act 1925Act. The Chargor alone is responsible for any the contracts, engagements, acts, omissions, defaults and losses of a Receiver and for any liabilities incurred by a Receiver. (b) No Secured Party will incur any liability (either to the Chargor or to any other person) by reason of the appointment of a Receiver or for any other reason.

Appears in 2 contracts

Sources: Credit Agreement (WisdomTree Investments, Inc.), Security Agreement (GCL Silicon Technology Holdings Inc.)

Agent of the Chargor. (a) A Receiver will be deemed to be the agent of the Chargor for all purposes and accordingly will be deemed to be in the same position as a Receiver duly appointed by a mortgagee under the Law of Property Act 1925Act. The Chargor alone is solely responsible for any the contracts, engagements, acts, omissions, defaults and losses of a Receiver and for any liabilities incurred by a Receiver. (b) No Secured Party Neither the Security Trustee nor any Creditor will incur any liability (either to the Chargor or to any other person) by reason of the appointment of a Receiver or for any other reason.

Appears in 1 contract

Sources: Security Agreement

Agent of the Chargor. (a) A Receiver will be deemed to be the agent of the Chargor for all purposes and accordingly will be deemed to be in the same position as a Receiver duly appointed by a mortgagee under the Law of Property Act 1925Act. The Chargor alone is responsible for any contractsthe defaults, engagementscosts, acts, omissions, defaults losses and losses expenses of a Receiver and for any liabilities incurred by a Receiver. (b) No Secured Party The Common Security Agent will not incur any liability (either to the Chargor or to any other person) by reason of the appointment of a Receiver or for any other reason.

Appears in 1 contract

Sources: Security Agreement

Agent of the Chargor. (a) A Each Receiver will be is deemed to be the agent of the Chargor for all purposes and accordingly will be is deemed to be in the same position as a Receiver duly appointed by a mortgagee under the Law of Property Act 1925. The Chargor alone shall be responsibl▇ ▇▇▇ ▇is responsible for any contracts, engagements, acts, omissions, defaults and losses of a Receiver and for any liabilities incurred by a Receiver. (b) No him and no Secured Party will shall incur any liability (either to the Chargor or to any other person) by reason of the Agent making his appointment of as a Receiver or for any other reason.

Appears in 1 contract

Sources: Credit Agreement (Entergy Power Uk PLC)

Agent of the Chargor. (a) A Receiver will be deemed to be the agent of the Chargor for all purposes and accordingly will be deemed to be in the same position as a Receiver duly appointed by a mortgagee under the Law of Property Act 1925Ordinance. The Chargor alone is responsible for any the contracts, engagements, acts, omissions, defaults and losses of a Receiver and for any liabilities incurred by a Receiver. (b) No Secured Party will incur any liability (either to the Chargor or to any other person) by reason of the appointment of a Receiver or for any other reason.

Appears in 1 contract

Sources: Security Agreement (GCL Silicon Technology Holdings Inc.)

Agent of the Chargor. (a) A Receiver will be deemed to be the agent of the Chargor for all purposes and accordingly will be deemed to be in the same position as a Receiver duly appointed by a mortgagee under the Law of Property Act 1925Ordinance. The Chargor alone is responsible for any the contracts, engagements, acts, omissions, defaults and losses of a Receiver and for any liabilities incurred by a Receiver. (b) No Secured Finance Party will incur any liability (either to the Chargor or to any other person) by reason of the appointment of a Receiver or for any other reason.

Appears in 1 contract

Sources: Account Charge (eHi Car Services LTD)

Agent of the Chargor. (a) A Receiver will be deemed to be the agent of the Chargor for all purposes and accordingly will be deemed to be in the same position as a Receiver duly appointed by a mortgagee under the Law of Property Act 1925Act. The Chargor alone is responsible for any the contracts, engagements, acts, omissions, defaults and losses of a Receiver and for any liabilities incurred by a Receiver. (b) No Secured Finance Party will incur any liability (either to the Chargor or to any other person) by reason of the appointment of a Receiver or for any other reason.

Appears in 1 contract

Sources: Credit Facility Agreement (Halliburton Co)

Agent of the Chargor. (a) A Each Receiver will be is deemed to be the agent of the Chargor for all purposes and accordingly will be is deemed to be in the same position as a Receiver duly appointed by a mortgagee under the Law of Property Act 1925Act. The Chargor alone is shall be responsible for any his contracts, engagements, acts, omissions, defaults and losses of a Receiver and for any liabilities incurred by a Receiver. (b) No Secured Party will him and the Finance Parties, BET and EPHL shall not incur any liability (either to the Chargor or to any other person) by reason of the Security Trustee making his appointment of as a Receiver or for any other reason.

Appears in 1 contract

Sources: Debenture (British Energy Group PLC)

Agent of the Chargor. (a) A Receiver will be deemed to be the agent of the Chargor for all purposes and accordingly will be deemed to be in the same position as a Receiver duly appointed by a mortgagee under the Law of Property Act 1925Act. The Chargor alone is responsible for any the contracts, engagements, acts, omissions, defaults and losses of a Receiver and for any liabilities incurred by a Receiver. (b) No Secured Party The Lender will incur any no liability (either to the Chargor or to any other person) by reason of the appointment of a Receiver or for any other reason.

Appears in 1 contract

Sources: Mortgage of Shares (Inyx Inc)

Agent of the Chargor. (a) A Receiver will be deemed to be the agent of the Chargor for all purposes and accordingly will be deemed to be in the same position as a Receiver duly appointed by a mortgagee under the Law of Property Act 1925Ordinance. The Unless prohibited by applicable laws, the Chargor alone is responsible for any the contracts, engagements, acts, omissions, defaults and losses of a Receiver and for any liabilities incurred by a Receiver. (b) No Secured Party The Investor will not incur any liability (either to the Chargor or to any other person) by reason of the appointment of a Receiver or for any other reasonReceiver.

Appears in 1 contract

Sources: Share Buyback Agreement (Lotus Technology Inc.)

Agent of the Chargor. (a) A Receiver will be deemed to be the agent of the Chargor for all purposes and accordingly will be deemed to be in the same position as a Receiver duly appointed by a mortgagee under the Law of Property Act 1925Act. The Chargor alone is solely responsible for any the contracts, engagements, acts, omissions, defaults and losses of a Receiver and for any liabilities incurred by a Receiver. (b) No Secured Party The Chargee will not incur any liability (either to the Chargor or to any other person) by reason of the appointment of a Receiver or for any other reason.

Appears in 1 contract

Sources: Sale and Purchase Agreement (Ctrip Com International LTD)

Agent of the Chargor. (a) A Receiver will be deemed to be the agent of the Chargor for all purposes and accordingly will be deemed to be in the same position as a Receiver duly appointed by a mortgagee under the Law of Property Act 1925Act. The Chargor alone is responsible for any the contracts, engagements, acts, omissions, defaults and losses of a Receiver and for any liabilities incurred by a Receiver. (b) No Secured Security Party will incur any liability (either to the Chargor or to any other person) by reason of the appointment of a Receiver or for any other reason, except to the extent that such appointment was made with gross negligence or wilful misconduct.

Appears in 1 contract

Sources: Deed of Assignment and Charge (Fimep Sa)

Agent of the Chargor. (a) A Receiver will be deemed to be the agent of the Chargor for all purposes and accordingly will be deemed to be in the same position as a Receiver duly appointed by a mortgagee under the Law of Property Act 1925Ordinance. The Unless prohibited by applicable laws, the Chargor alone is responsible for any the contracts, engagements, acts, omissions, defaults and losses of a Receiver and for any liabilities incurred by a Receiver. (b) No Secured Party The Investor will not incur any liability (either to the Chargor or to any other person) by reason of the appointment of a Receiver or for any other reason.

Appears in 1 contract

Sources: Account Security Agreement (Fosun International LTD)

Agent of the Chargor. (a) A Receiver will be deemed to be the agent of the Chargor for all purposes and accordingly will be deemed to be in the same position as a Receiver duly appointed by a mortgagee under the Law of Property Act 1925Ordinance. The Chargor alone is shall be responsible for any contracts, engagements, acts, omissions, defaults and losses of a Receiver and for any liabilities incurred by a Receiver. (b) No Secured Party will shall incur any liability (either to the Chargor or to any other person) by reason of the appointment of a Receiver or for any other reason.

Appears in 1 contract

Sources: Company Debenture