Common use of Joint Appointment Clause in Contracts

Joint Appointment. If at any time two or more persons have been appointed as Receivers of the same Security Assets, each one of those Receivers shall be entitled to exercise individually all of the rights conferred on Receivers under this Deed to the exclusion of the other or others in relation to any of the Security Assets in respect of which he has been appointed unless the Agent shall state otherwise in the document appointing him.

Appears in 1 contract

Sources: Receivables Transfer Agreement (Agco Corp /De)

Joint Appointment. If at any time two or more persons have been appointed as Receivers of the same Security Secured Assets, each one of those Receivers shall be entitled to exercise individually all of the rights conferred on Receivers under this Deed Debenture to the exclusion of the other or others in relation to any of the Security Secured Assets in respect of which he has been appointed unless the European Agent shall state otherwise in the document appointing him.

Appears in 1 contract

Sources: Revolving Credit Agreement (Patheon Inc)

Joint Appointment. If at any time two or more persons have been appointed as Receivers of the same Security Secured Assets, each one of those Receivers shall be entitled to exercise individually all of the rights conferred on Receivers under this Deed Debenture to the exclusion of the other or others in relation to any of the Security Secured Assets in respect of which he has been appointed unless the French Administrative Agent shall state otherwise in the document appointing him.. Table of Contents

Appears in 1 contract

Sources: Credit Agreement (Mirion Technologies, Inc.)

Joint Appointment. If at any time two or more persons have been appointed as Receivers of the same Security AssetsCharged Property, each one of those Receivers shall be entitled to exercise individually all of the rights conferred on Receivers under this Deed to the exclusion of the other or others in relation to any of the Security Assets Charged Property in respect of which he has been appointed unless the Collateral Agent shall state otherwise in the document appointing him.

Appears in 1 contract

Sources: Ip Security Agreement (Lombard Medical, Inc.)

Joint Appointment. If at any time two or more persons have been appointed as Receivers of the same Security Secured Assets, each one of those Receivers shall be entitled to exercise individually all of the rights conferred on Receivers under this Deed to the exclusion of the other or others in relation to any of the Security Secured Assets in respect of which he or she has been appointed unless the Administrative Agent shall state otherwise in the document appointing himhim or her.

Appears in 1 contract

Sources: Security Deed (Elizabeth Arden Inc)