Common use of Rights of Security Agent Clause in Contracts

Rights of Security Agent. At any time after the Security Interests II have become enforceable, to the fullest extent permitted by law, any rights conferred by any Finance Document or by law upon a Receiver II may be exercised by the Security Agent, whether or not the Security Agent shall have appointed a Receiver of all or any part of the Security Assets II. For the avoidance of doubt, such rights exercisable by the Security Agent shall include all rights conferred upon a Receiver II under Schedule 1 (Rights and Powers of Receivers) (including under paragraphs (b), (e), (m) and (q) of Schedule 1 (Rights and Powers of Receivers)).

Rights of Security Agent. At any time after the Security Interests II I have become enforceable, to the fullest extent permitted by law, any rights conferred by any Finance Document or by law upon a Receiver II I may be exercised by the Security Agent, whether or not the Security Agent shall have appointed a Receiver of all or any part of the Security Assets II. I. For the avoidance of doubt, such rights exercisable by the Security Agent shall include all rights conferred upon a Receiver II I under Schedule 1 (Rights and Powers of Receivers) (including under paragraphs (b), (e), (m) and (q) of Schedule 1 (Rights and Powers of Receivers)).