Common use of Appointment of Receiver Clause in Contracts

Appointment of Receiver. In any action under this Article 12, the Agent shall be entitled during the continuance of an Event of Default to the appointment of a receiver, without notice of any kind whatsoever, to take possession of all or any portion of the Collateral and to exercise such power as the court shall confer upon such receiver.

Appears in 7 contracts

Sources: Loan and Security Agreement (Collins Industries Inc), Loan and Security Agreement (Tropical Sportswear International Corp), Loan and Security Agreement (Trism Inc /De/)

Appointment of Receiver. In any action under this Article ARTICLE 12, the Agent shall be entitled during the continuance of an Event of Default to the appointment of a receiver, without notice of any kind whatsoever, to take possession of all or any portion of the Collateral and to exercise such power as the court shall confer upon such receiver.

Appears in 3 contracts

Sources: Loan and Security Agreement (Tultex Corp), Loan and Security Agreement (Loehmanns Holdings Inc), Loan and Security Agreement (Kellstrom Industries Inc)

Appointment of Receiver. In any action under this Article 12ARTICLE 13, the Administrative Agent shall be entitled during the continuance of an Event of Default Default, to the fullest extent permitted by Applicable Law, to the appointment of a receiver, without notice of any kind whatsoever, to take possession of all or any portion of the Collateral and to exercise such power as the court shall confer upon such receiver.

Appears in 3 contracts

Sources: Loan and Security Agreement (Winston Furniture Co of Alabama Inc), Loan and Security Agreement (Russell Corp), Loan and Security Agreement (Winsloew Furniture Inc)

Appointment of Receiver. In any action under this Article ARTICLE 12, the Agent shall be entitled during the continuance of an Event of Default to seek the appointment of a receiver, without notice of any kind whatsoever, to take possession of all or any portion of the Collateral and to exercise such power as the court Court shall confer upon such receiver.

Appears in 2 contracts

Sources: Loan and Security Agreement (Tultex Corp), Loan and Security Agreement (Tultex Corp)

Appointment of Receiver. In any action under this Article 12ARTICLE 11, the Agent shall be entitled during the continuance of an Event of Default Default, to the fullest extent permitted by Applicable Law, to the appointment of a receiver, without notice of any kind whatsoever, to take possession of all or any portion of the Collateral and to exercise such power as the court shall confer upon such receiver.. 100

Appears in 2 contracts

Sources: Loan and Security Agreement (Burke Industries Inc /Ca/), Loan and Security Agreement (Burke Industries Inc /Ca/)

Appointment of Receiver. In any action under this Article 12, the Administrative Agent shall be entitled during the continuance of an Event of Default to the appointment of a receiver, to the extent permitted by Applicable Law, without notice of any kind whatsoever, to take possession of all or any portion of the Collateral and to exercise such power as the court shall confer upon such receiver.

Appears in 2 contracts

Sources: Loan and Security Agreement (Syratech Corp), Loan and Security Agreement (Syratech Corp)

Appointment of Receiver. In any action under this Article ARTICLE 12, the Agent shall be entitled during the continuance of an Event of Default Default, to the fullest extent permitted by Applicable Law, to the appointment of a receiver, without notice of any kind whatsoever, to take possession of all or any portion of the Collateral and to exercise such power as the court shall confer upon such receiver.

Appears in 2 contracts

Sources: Loan and Security Agreement (Texfi Industries Inc), Loan and Security Agreement (Phoenix Racing Inc)

Appointment of Receiver. In any action under this Article ARTICLE 12, the Administrative Agent shall be entitled during the continuance of an Event of Default Default, to the fullest extent permitted by Applicable Law, to the appointment of a receiver, without notice of any kind whatsoever, to take possession of all or any portion of the Collateral and to exercise such power as the court shall confer upon such receiver.

Appears in 2 contracts

Sources: Loan and Security Agreement (American Tire Distributors Inc), Loan and Security Agreement (Heafner Tire Group Inc)

Appointment of Receiver. In any action under this Article 1213, the Agent shall be entitled during the continuance of an Event of Default to the appointment of a receiver, without notice of any kind whatsoever, to take possession of all or any portion of the Collateral and to exercise such power as the court shall confer upon such receiver.

Appears in 2 contracts

Sources: Loan and Security Agreement (Standard Commercial Corp), Loan and Security Agreement (Ithaca Industries Inc)

Appointment of Receiver. In any action under this Article 12ARTICLE 13, the Agent shall be entitled during the continuance of an Event of Default Default, to the fullest extent permitted by Applicable Law, to the appointment of a receiver, without notice of any kind whatsoever, to take possession of all or any portion of the Collateral and to exercise such power as the court shall confer upon such receiver.

Appears in 2 contracts

Sources: Loan and Security Agreement (Texfi Industries Inc), Loan and Security Agreement (Ridgeview Inc)

Appointment of Receiver. In any action under this Article 12ARTICLE 11, the Agent shall be entitled during the continuance of an Event of Default to the appointment of a receiver, without notice of any kind whatsoever, to take possession of all or any portion of the Collateral and to exercise such power as the court shall confer upon such receiver.

Appears in 2 contracts

Sources: Loan and Security Agreement (Galileo Corp), Revolving Credit and Security Agreement (Synthetic Industries Inc)

Appointment of Receiver. In any action under this Article 12ARTICLE 13, the Agent shall be entitled during the continuance of an Event of Default to the appointment of a receiver, without notice of any kind whatsoever, to take possession of all or any portion of the Collateral and to exercise such power as the court shall confer upon such receiver.

Appears in 1 contract

Sources: Loan and Security Agreement (Meadowcraft Inc)

Appointment of Receiver. In any action under this Article 12, the Agent shall be entitled during the continuance of an Event of Default to seek the appointment of a receiver, without notice of any kind whatsoever, to take possession of all or any portion of the Collateral and to exercise such power as the court Court shall confer upon such receiver.

Appears in 1 contract

Sources: Loan and Security Agreement (Safety Components International Inc)

Appointment of Receiver. In any action under this Article 1213, the Collateral Agent shall be entitled during the continuance of an Event of Default to the appointment of a receiver, without notice of any kind whatsoever, to take possession of all or any portion of the Collateral and to exercise such power as the court shall confer upon such receiver.

Appears in 1 contract

Sources: Loan and Security Agreement (Ithaca Industries Inc)

Appointment of Receiver. In any action under this Article 12, the Administrative Agent shall be entitled during the continuance of an Event of Default Default, to the fullest extent permitted by Applicable Law, to the appointment of a receiver, without notice of any kind whatsoever, to take possession of all or any portion of the Collateral and to exercise such power as the court shall confer upon such receiver.

Appears in 1 contract

Sources: Revolving Credit and Security Agreement (Mastec Inc)

Appointment of Receiver. In any action under this Article 1214, the Agent shall be entitled during the continuance of an Event of Default to the appointment of a receiver, without notice of any kind whatsoever, to take possession of all or any portion of the Collateral and to exercise such power as the court shall confer upon such receiver.

Appears in 1 contract

Sources: Loan and Security Agreement (Gni Group Inc /De/)

Appointment of Receiver. In any action under this Article 12Article, the Agent shall be entitled during the continuance of an Event of Default to the appointment of a receiver, without notice of any kind whatsoever, to take possession of all or any portion of the Collateral and to exercise such power as the court shall confer upon such receiverreceiver in accordance with Applicable Law.

Appears in 1 contract

Sources: Loan and Security Agreement (Compusa Inc)

Appointment of Receiver. In any action under this Article 12, the Agent shall be entitled during the continuance of an Event of Default to the appointment of a receiver, without notice of any kind whatsoever, to take possession of all ail or any portion of the Collateral and to exercise such power as the court shall confer upon such receiver.

Appears in 1 contract

Sources: Loan and Security Agreement (Collins Industries Inc)

Appointment of Receiver. In any action under this Article 12, the Agent shall be entitled during the continuance of an Event of Default to the appointment of a receiver, without any notice of any kind whatsoeverother than may be specifically required by Applicable Law, to take possession of all or any portion of the Collateral and to exercise such power as the court shall confer upon such receiver.

Appears in 1 contract

Sources: Loan and Security Agreement (Cmi Industries Inc)

Appointment of Receiver. In any action under this Article 12ARTICLE 11, the Agent shall be entitled during the continuance of an Event of Default Default, to the fullest extent permitted by Applicable Law, to the appointment of a receiver, without notice of any kind whatsoever, to take possession of all or any portion of the Collateral and to exercise such power as the court shall confer upon such receiver.

Appears in 1 contract

Sources: Loan and Security Agreement (Nabi /De/)