Receiver's remuneration Sample Clauses
The 'Receiver’s remuneration' clause defines how and when a receiver appointed under an agreement will be compensated for their services. Typically, this clause outlines the method of calculating the receiver’s fees, such as a fixed amount, hourly rate, or a percentage of recovered assets, and may specify who is responsible for payment—often the assets under receivership or the appointing party. By clearly establishing the receiver’s right to payment and the terms of remuneration, this clause ensures transparency and helps prevent disputes over compensation, thereby facilitating the effective administration of the receivership.
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Receiver's remuneration. The Trustee may, from time to time, fix remuneration of the Receiver and direct payment thereof out of the Secured Assets, but the Company alone shall be liable for the payment of such remuneration.
Receiver's remuneration. Subject to section 36 of the Insolvency ▇▇▇ ▇▇▇▇, a Receiver shall be entitled to remuneration for his services at a rate to be determined by the Secured Party from time to time (and without being limited to any maximum rate specified by any statute or statutory instrument). The Secured Party may direct payment of such remuneration out of moneys accruing to the Receiver but the Company alone shall be liable for the payment of such remuneration and for all other costs, charges and expenses of the Receiver.
Receiver's remuneration. The Security Agent may from time to time determine the remuneration of a Receiver.
Receiver's remuneration. Subject to section 36 of the Insolvency ▇▇▇ ▇▇▇▇, a Receiver shall be entitled to remuneration for his services at a rate to be determined by the Collateral Agent from time to time (and without being limited to any maximum rate specified by any statute or statutory instrument). The Collateral Agent may direct payment of such remuneration out of moneys accruing to the Receiver but the Company alone shall be liable for the payment of such remuneration and for all other costs, charges and expenses of the Receiver.
Receiver's remuneration. A Receiver shall be entitled to remuneration for his services at a rate to be determined by the Administrative Agent from time to time (and without being limited to any maximum rate specified by any statute or statutory instrument).
Receiver's remuneration. A Receiver shall be entitled to remuneration for his services at a rate to be determined by the Security Trustee from time to time (and without being limited to any maximum rate specified by any statute or statutory instrument).
Receiver's remuneration. Every Receiver shall be entitled to remuneration for his services at a rate to be fixed by agreement between him and the Agent, and the maximum rate specified in section 109(6) of the Act shall not apply.
Receiver's remuneration. The Chargee may from time to time determine the remuneration of a Receiver.
Receiver's remuneration. The French Administrative Agent may from time to time fix the remuneration of any Receiver appointed by it, without being limited by the maximum rate specified in s109(6) Law of Property ▇▇▇ ▇▇▇▇. The French Administrative Agent may also (subject to any necessary approval from the Court) end the appointment of any such Receiver by notice in writing (signed as in Paragraph 3.1) and appoint under Paragraph 3.1 a replacement for any Receiver whose appointment ends for any reason.
Receiver's remuneration. Every Receiver shall be entitled to remuneration for his services at a rate to be fixed by agreement between him and the UK Security Agent, and the maximum rate specified in section 109(6) of the Act shall not apply.