Common use of Relationship with the Lender Clause in Contracts

Relationship with the Lender. To the fullest extent allowed by law, any right, power or discretion conferred by this Deed (either expressly or impliedly) or by law on a Receiver may after this Deed becomes enforceable be exercised by the Lender in relation to the Shares without first appointing a Receiver and notwithstanding the appointment of a Receiver.

Relationship with the Lender. To the fullest extent allowed by law, any right, power or discretion conferred by this Deed (either expressly or impliedly) or by law on a Receiver may after this Deed Security becomes enforceable be exercised by the Lender in relation to the Shares any Security Asset without first appointing a Receiver and notwithstanding the appointment of a Receiver.