ENTRY INTO POSSESSION Sample Clauses

ENTRY INTO POSSESSION. If the Security Trustee or any Receiver shall enter into possession of the Secured Property or any part thereof, then it or he may from time to time and at any time go out of such possession. Neither the Security Trustee nor any Receiver shall in any circumstances be liable to account to a Company for anything except its or his actual receipts or be liable to such Company for any loss or damage arising from any realisation of the Secured Property or any part of it or from any act default or omission in relation to the Secured Property or any part of it unless such loss or damage shall be caused by its or his own wilful misconduct or gross negligence.
AutoNDA by SimpleDocs
ENTRY INTO POSSESSION without prejudice to the generality of this Clause 14, entry into possession of the Secured Property or any part thereof shall not render the Note Trustee or the Receiver liable to account as mortgagee in possession or liable for any loss on realisation or for any default or omission for which a mortgagee in possession might be liable;
ENTRY INTO POSSESSION. If the Bank or any Receiver shall enter into possession of the property hereby charged or any part thereof it or he may from time to time and at any time go out of such possession. Neither the Bank nor any Receiver shall in any circumstances (either by reason of any entry into or taking of possession of any such property or for any other reason and whether as mortgagee in possession or on any other basis) other than its gross negligence or wilful misconduct be liable to account to the Chargor for anything except its or his actual receipts or be liable to the Chargor for any loss or damage arising from any realisation of the property hereby charged or from any act default or omission in relation thereto.
ENTRY INTO POSSESSION. If the Security Trustee or any Receiver shall enter into possession of all or any part of the Secured Assets, the Security Trustee or such Receiver may at any time go out of such possession. Neither the Security Trustee nor any Receiver shall in any circumstances be liable to account to the Company for anything except its or his actual receipts or be liable to the Company for any loss or damage arising from any realisation of all or any part of the Secured Assets or from any act, default or omission in relation to all or any part of the Secured Assets.
ENTRY INTO POSSESSION. If the Security Agent or any Receiver shall enter into possession, of the property hereby charged or any part thereof it or he may from time to time and at any time go out of such possession. Neither the Security Agent nor any Receiver shall in any circumstances (either by reason of any entry into or taking of possession of any such property or for any other reason and whether as mortgagee in possession or on any other basis) be liable to account to the Company for anything except its or his actual receipts or be liable to the Company for any loss or damage arising from any realisation of the property hereby charged or from any act, default or omission in relation thereto.
ENTRY INTO POSSESSION. Without prejudice to the generality of Clause 21.1 (Limitation), neither the Security Trustee, any nominee nor any Receiver shall be liable to account as mortgagee in possession or otherwise for any sum not actually received by it or him respectively. If and whenever the Security Trustee, or any nominee enters into possession of any Assets, it shall be entitled at any time at its discretion to go out of possession.
ENTRY INTO POSSESSION. Without prejudice to the generality of Clause 20.1 (Protection of Trustee and Receiver), entry into possession of the Charged Property or any part thereof shall not render the Trustee or the Receiver liable to account as mortgagee in possession or liable for any loss on realisation or for any default or omission for which a mortgagee in possession might be liable.
AutoNDA by SimpleDocs
ENTRY INTO POSSESSION. Without prejudice to the generality of clause 24.1 (Limitation), neither the Chargee nor any Receiver shall be liable to account as mortgagee in possession or otherwise for any sum not actually received by it or him respectively. If and whenever the Chargee enters into possession of any Assets, it shall be entitled at any time at its discretion to go out of possession.
ENTRY INTO POSSESSION. If the Collateral Agent or a Receiver enters into possession of any Secured Property:
ENTRY INTO POSSESSION a mortgagee enters into possession or disposes of the whole or a substantial part of the assets of the Borrower or any of its related bodies corporate; or
Time is Money Join Law Insider Premium to draft better contracts faster.