Common use of Possession of Charged Property Clause in Contracts

Possession of Charged Property. Without prejudice to Clause 14.1 above, if the Security Agent or the Receiver enters into possession of the Charged Property, it will not be liable to account as mortgagee in possession and may at any time at its discretion go out of such possession.

Appears in 6 contracts

Sources: Share Charge and Receivables Assignment Agreement, Debenture, Share Charge and Receivables Assignment Agreement

Possession of Charged Property. Without prejudice to Clause 14.1 (No Liability) above, if the Security Agent Chargee or the Receiver enters into possession of the Charged Property, it will not be liable to account as mortgagee in possession and may at any time at its discretion go out of such possession.

Appears in 1 contract

Sources: Security Agreement (Fosun International LTD)

Possession of Charged Property. Without prejudice to Clause 14.1 12.1 above, if the Security Agent or the Receiver enters into possession of the Charged Property, it will not be liable to account as mortgagee in possession and may at any time at its discretion go out of such possession.

Appears in 1 contract

Sources: Deed of Charge

Possession of Charged Property. Without prejudice to Clause 14.1 above12.1 (No Liability), if the Security Agent Chargee or the Receiver enters into possession of the Charged Property, it will not be liable to account as mortgagee in possession and may at any time at its discretion go out of such possession.

Appears in 1 contract

Sources: Debenture (Consolidated Water Co LTD)

Possession of Charged Property. Without prejudice to Clause 14.1 16.1 (No Liability) above, if the Security Agent Chargee or the Receiver enters into possession of the Charged Property, it will not be liable to account as mortgagee in possession and may at any time at its discretion go out of such possession.

Appears in 1 contract

Sources: Security Deed (Glencore International Ag)