Removal of Receiver. The Security Agent may by written notice remove from time to time any Receiver appointed by it (subject to the provisions of section 45 of the Insolvency Act 1986 in the case of an administrative receivership) and, whenever it thinks fit, appoint a new Receiver in the place of any Receiver whose appointment has terminated, for whatever reason.
Appears in 5 contracts
Sources: Share Charge and Receivables Assignment Agreement, Debenture, Debenture
Removal of Receiver. The Security Agent may by written notice remove from time to time any Receiver appointed by it (subject to the provisions of section 45 of the Insolvency Act 1986 in the case of an administrative receivership) and, whenever it thinks fitmay deem appropriate, appoint a new Receiver in the place of any Receiver whose appointment has terminated, for whatever reason.
Appears in 3 contracts
Sources: Debenture (Paysafe LTD), Security Agreement (Paysafe LTD), Debenture (Paysafe LTD)
Removal of Receiver. The Security Agent may by written notice remove from time to time any Receiver appointed by it (subject to the provisions of section 45 of the Insolvency Act 1986 ▇▇▇ ▇▇▇▇ in the case of an administrative receivership) and, whenever it thinks fitmay deem appropriate, appoint a new Receiver in the place of any Receiver whose appointment has terminated, for whatever reason.
Appears in 2 contracts
Removal of Receiver. The Security Agent may by written notice remove from time to time any Receiver appointed by it (subject to the provisions of section 45 of the Insolvency Act 1986 in the case of an administrative receivership) and, whenever it thinks fitmay deem appropriate, appoint a new Receiver in the place of any Receiver whose appointment has terminated, for whatever reason.
Appears in 1 contract
Removal of Receiver. The Security Agent may by written notice remove from time to time any Receiver appointed by it (subject to the provisions of section 45 of the Insolvency Act 1986 ▇▇▇ ▇▇▇▇ in the case of an administrative receivership) and, whenever it thinks fit, appoint a new Receiver in the place of any Receiver whose appointment has terminated, for whatever reason.
Appears in 1 contract
Removal of Receiver. The Security Agent may by written notice remove from time to time any Receiver appointed by it (subject to the provisions of section 45 of the Insolvency Act 1986 in Ac▇ ▇▇▇▇ ▇n the case of an administrative receivership) and, whenever it thinks fitmay deem appropriate, appoint a new Receiver in the place of any Receiver whose appointment has terminated, for whatever reason.
Appears in 1 contract
Removal of Receiver. The Security Agent may by written notice remove from time to time any Receiver appointed by it (subject to the provisions of section 45 of the Insolvency Act 1986 ▇▇▇ ▇▇▇▇ in the case of an administrative receivershipreceiver) and, whenever it thinks fitmay deem appropriate, appoint a new Receiver in the place of any Receiver whose appointment has terminated, for whatever reason.
Appears in 1 contract