Common use of Supplier’s Remedies Clause in Contracts

Supplier’s Remedies. Without prejudice to any of the Supplier’s other remedies (and whether or not the Supplier has exercised any other right), if an Enforcement Event Occurs then at any time that Enforcement Event Occurs: a) by written notice to the Purchaser, the Supplier may cancel any outstanding contract or order with the Purchaser including, for the avoidance of doubt, the Supply Agreement or any installment; b) any moneys payable by the Purchaser to the Supplier whether due for payment or not shall become immediately due and payable; c) the Supplier reserves the right, and the Purchaser hereby irrevocably provides consent to the Supplier, to enter (whether forcibly or otherwise), by its employees or authorised agents, onto the Purchaser’s premises, or onto any premises where Goods owned by the Supplier are reasonably thought to be stored and repossess and subsequently resell such Goods; and d) The Supplier may appoint any persons to be a receiver of all or any of the Goods in addition to, and without limiting or affecting any other powers and authorities conferred on a receiver (whether under the Receiverships ▇▇▇ ▇▇▇▇ or at law or otherwise), a receiver has the power to do all things in relation to the Goods as if the receiver has absolute ownership of the Goods.

Supplier’s Remedies. Without prejudice to any of the Supplier’s other remedies (and whether or not the Supplier has exercised any other right), if an Enforcement Event Occurs then at any time that Enforcement Event Occurs: a) by written notice to the Purchaser, the Supplier may cancel any outstanding contract or order with the Purchaser including, for the avoidance of doubt, the Supply Agreement or any installment; b) any moneys payable by the Purchaser to the Supplier whether due for payment or not shall become immediately due and payable; c) the Supplier reserves the right, and the Purchaser hereby irrevocably provides consent to the Supplier, to enter (whether forcibly or otherwise), by its employees or authorised agents, onto the Purchaser’s premises, or onto any premises where Goods owned by the Supplier are reasonably thought to be stored and repossess and subsequently resell such Goods; and d) The Supplier may appoint any persons to be a receiver of all or any of the Goods in addition to, and without limiting or affecting any other powers and authorities conferred on a receiver (whether under the Receiverships ▇▇▇ ▇▇▇▇ Act 1993 or at law or otherwise), a receiver has the power to do all things in relation to the Goods as if the receiver has absolute ownership of the Goods.