Common use of Administrative receiver Clause in Contracts

Administrative receiver. (a) Notwithstanding any term of this Deed, subject to paragraph (b) below, the Issuer Security Trustee must enforce the Issuer Security by appointing an administrative receiver in respect of the Issuer if it has actual notice of:

Administrative receiver. (a) Notwithstanding any term of this Deed, subject to paragraph (b) below, the Master Issuer Security Trustee must enforce the Master Issuer Security by appointing an administrative receiver in respect of the Master Issuer if it has actual notice of: