Common use of More than one Receiver Clause in Contracts

More than one Receiver. If there is more than one Receiver holding office at the same time, each Receiver may (unless the document appointing him states otherwise) exercise all of the powers conferred on a Receiver under this Deed individually and to the exclusion of any other Receiver.

Appears in 1 contract

Sources: Supplemental Deed

More than one Receiver. If there is more than one Receiver holding holds office at the same time, each Receiver may (unless the document appointing him states otherwise) exercise all of the powers conferred on a Receiver under this Deed individually and to the exclusion of any other ReceiverReceivers (unless the document appointing such Receiver states otherwise).

Appears in 1 contract

Sources: Indenture (Pacific Drilling S.A.)