Powers of a Receiver. In addition to the powers conferred on the Buyer and the Agent by this Deed, each Receiver appointed pursuant to Clause 11.1 (Appointment of Receivers) shall have in relation to the Deposit in respect of which such Receiver was appointed all the powers (a) conferred by the Law of Property ▇▇▇ ▇▇▇▇ (as extended by this Deed) on a Receiver appointed under that Act and (b) set out in Schedule 1 to the Insolvency ▇▇▇ ▇▇▇▇ as if such person were an administrative receiver of the Originator.
Appears in 2 contracts
Sources: Deed of Trust and Charge (Johnsondiversey Inc), Deed of Trust and Charge (Johnsondiversey Holdings Inc)