Common use of Other Powers Clause in Contracts

Other Powers. A Receiver may: (a) do all other acts and things which he may consider desirable or necessary for realising any Funding 2 Charged Property or incidental or conducive to any of the rights, powers or discretions conferred on a Receiver under or by virtue of this Deed or law; (b) exercise in relation to any Funding 2 Charged Property all the powers, authorities and things which he would be capable of exercising if he were the absolute beneficial owner of that Funding 2 Charged Property; and (c) use the name of Funding 2 for any of the above purposes.

Appears in 4 contracts

Sources: Funding Deed of Charge, Collateral Security Agreement, Deed of Charge (Permanent Funding (No. 2) LTD)

Other Powers. A Receiver may: (a) do all other acts and things which he may consider desirable or necessary for realising any Funding 2 1 Charged Property or incidental or conducive to any of the rights, powers or discretions conferred on a Receiver under or by virtue of this Deed or law; (b) exercise in relation to any Funding 2 1 Charged Property all the powers, authorities and things which he would be capable of exercising if he were the absolute beneficial owner of that Funding 2 1 Charged Property; and (c) use the name of Funding 2 1 for any of the above purposes.

Appears in 4 contracts

Sources: Deed of Charge, Deed of Charge, Deed of Charge