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Common use of More than one Receiver Clause in Contracts

More than one Receiver. If more than one person is appointed as Receiver, the Collateral Agent may give the relevant persons power to act jointly or severally.

Appears in 2 contracts

Sources: Lc Credit Agreement and u.s. Security Agreement (Weatherford International PLC), Lc Credit Agreement (Weatherford International PLC)

Related Clauses

  • When You Have More Than One Plan with BCBSRI
  • Consolidation of Grievances
  • Right to Grieve Other Disciplinary Action
  • Picket Line
  • Statement of Grievance

Parent Clauses

  • Receivership
  • Appointment of Receiver or Administrator
  • Credit Reporting Act Notice
  • Governing Law and Jurisdiction
  • Appropriation of Financial Collateral
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