Common use of Powers Exercisable by Receiver or Trustee Clause in Contracts

Powers Exercisable by Receiver or Trustee. In case the Collateral shall be in the possession of a receiver or trustee, lawfully appointed, the powers conferred in this Article Ten upon the Company with respect to the release, sale or other disposition of such property may be exercised by such receiver or trustee, and an instrument signed by such receiver or trustee shall be deemed the equivalent of any similar instrument of the Company or of any officer or officers thereof required by the provisions of this Article Ten.

Appears in 5 contracts

Sources: Indenture (Clean Harbors Inc), Indenture (Clean Harbors Inc), Indenture (Doe Run Resources Corp)

Powers Exercisable by Receiver or Trustee. In case the Collateral shall be in the possession of a receiver or trusteeTrustee, lawfully appointed, the powers conferred in this Article Ten Eleven upon the Company Issuer with respect to the release, sale or other disposition of such property may be exercised by such receiver or trusteeTrustee, and an instrument signed by such receiver or trustee Trustee shall be deemed the equivalent of any similar instrument of the Company Issuer or of any officer or officers thereof required by the provisions of this Article TenEleven.

Appears in 3 contracts

Sources: Indenture (Invitel Holdings a/S), Indenture (Hungarian Telephone & Cable Corp), Indenture (Invitel Holdings a/S)

Powers Exercisable by Receiver or Trustee. In case the Collateral shall be in the possession of a receiver or trustee, lawfully appointed, the powers conferred in this Article Ten 10 upon the Company with respect to the release, sale or other disposition of such property may be exercised by such receiver or trustee, and an instrument signed by such receiver or trustee shall be deemed the equivalent of any similar instrument of the Company or of any officer or officers thereof required by the provisions of this Article Ten10.

Appears in 2 contracts

Sources: Indenture (Consolidated Container Co LLC), Indenture (Healthcor Holdings Inc)

Powers Exercisable by Receiver or Trustee. In case the Collateral shall be in the possession of a receiver or trustee, lawfully appointed, the powers conferred in this Article Ten 10 upon the Company or a Guarantor with respect to the release, sale or other disposition of such property may be exercised by such receiver or trustee, and an instrument signed by such receiver or trustee shall be deemed the equivalent of any similar instrument of the Company or a Guarantor or of any officer Officer or officers Officers thereof required by the provisions of this Article Ten10.

Appears in 1 contract

Sources: Note Purchase Agreement (LSB Industries Inc)

Powers Exercisable by Receiver or Trustee. In case the Collateral shall be in the possession of a receiver or trustee, lawfully appointed, the powers conferred in this Article Ten 10 upon the Company or any Subsidiary Guarantor, as applicable, with respect to the release, sale or other disposition of such property may be exercised by such receiver or trustee, and an instrument signed by such receiver or trustee shall be deemed the equivalent of any similar instrument of the Company or any Subsidiary Guarantor, as applicable, or of any officer or officers thereof required by the provisions of this Article Ten10.

Appears in 1 contract

Sources: Indenture (Raceland Truck Plaza & Casino LLC)

Powers Exercisable by Receiver or Trustee. In case the Collateral shall be in the possession of a receiver or trustee, lawfully appointed, the powers conferred in this Article Ten 10 upon the Company or a Guarantor, as applicable, with respect to the release, sale or other disposition of such property may be exercised by such receiver or trustee, and an instrument signed by such receiver or trustee shall be deemed the equivalent of any similar instrument of the Company or a Guarantor, as applicable, or of any officer or officers thereof required by the provisions of this Article Ten10.

Appears in 1 contract

Sources: Indenture (Thermadyne Australia Pty Ltd.)

Powers Exercisable by Receiver or Trustee. In case the Collateral shall be in the possession of a receiver or trustee, lawfully appointed, the powers conferred in this Article Ten Eleven upon the Company with respect to the release, sale or other disposition of such property may be exercised by such receiver or trustee, and an instrument signed by such receiver or trustee shall be deemed the equivalent of any similar instrument of the Company or of any officer or officers thereof required by the provisions of this Article TenEleven.

Appears in 1 contract

Sources: Indenture (Exide Technologies)

Powers Exercisable by Receiver or Trustee. In case the Collateral shall be in the possession of a receiver or trustee, lawfully appointed, the powers conferred in this Article Ten upon the Company and its Subsidiaries with respect to the release, sale or other disposition of such property may be exercised by such receiver or trustee, and an instrument signed by such receiver or trustee shall be deemed the equivalent of any similar instrument of the Company or of its Subsidiaries, as applicable, or of any officer or officers thereof required by the provisions of this Article Ten.

Appears in 1 contract

Sources: Indenture (Doe Run Resources Corp)

Powers Exercisable by Receiver or Trustee. In case the Collateral shall be in the possession of a receiver or trustee, lawfully appointed, the powers conferred in this Article Ten 10 upon the Company or any other Pledgor, as applicable, with respect to the release, sale or other disposition of such property may be exercised by such receiver or trustee, and an instrument signed by such receiver or trustee shall be deemed the equivalent of any similar instrument of the Company or any other Pledgor, as applicable, or of any officer or officers thereof required by the provisions of this Article Ten10.

Appears in 1 contract

Sources: Indenture (Alaris Medical Systems Inc)