Common use of Appointment of receivers and managers Clause in Contracts

Appointment of receivers and managers. any administrative or other receiver is appointed of the Borrower or any part of its assets and/or undertaking or any other steps are taken to enforce any Encumbrance over all or any part of the assets of the Borrower; or

Appears in 5 contracts

Samples: Loan Agreement (Safe Bulkers, Inc.), Loan Agreement (Safe Bulkers, Inc.), Loan Agreement (Safe Bulkers, Inc.)

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Appointment of receivers and managers. any administrative or other receiver is appointed anywhere of the Borrower or any part of its assets and/or undertaking or any other steps are taken to enforce any Encumbrance over all or any part of the assets of the Borrower; or

Appears in 2 contracts

Samples: Loan Agreement (Navios Maritime Partners L.P.), Loan Agreement (Navios Maritime Acquisition Corp)

Appointment of receivers and managers. any administrative or other receiver is appointed of the Borrower or all or any substantial part of its assets and/or undertaking or any other steps are taken to enforce any Encumbrance over all or any substantial part of the assets of the Borrower; or

Appears in 2 contracts

Samples: Confidential (Golar LNG Partners LP), Management Agreement (Golar LNG LTD)

Appointment of receivers and managers. any administrative or other receiver is appointed of any of the Borrower and the Corporate Guarantor or any part of its assets and/or undertaking or any other steps are taken to enforce any Encumbrance Security Interest over all or any part of the assets of the Borrowerany such Security Party; or

Appears in 2 contracts

Samples: Loan Agreement (Performance Shipping Inc.), Performance Shipping Inc.

Appointment of receivers and managers. any administrative or other receiver is appointed of the Borrower or any material part of its assets and/or undertaking or any other steps are taken to enforce any Encumbrance over all or any part of the assets of the Borrower; or

Appears in 2 contracts

Samples: Loan Facility Agreement (Bookham, Inc.), Agreement (Bookham, Inc.)

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Appointment of receivers and managers. any administrative or other receiver is appointed of the Borrower or any part of its assets and/or undertaking or any other steps are taken to enforce any Encumbrance over all or any part of the assets of the Borrower; , or

Appears in 1 contract

Samples: Loan Agreement (Safe Bulkers, Inc.)

Appointment of receivers and managers. any administrative or other receiver is appointed of the Borrower or any part of its assets and/or undertaking or any other steps are taken to enforce any Encumbrance encumbrance over all or any part of the assets of the Borrower; or

Appears in 1 contract

Samples: Omega Navigation Enterprises, Inc.

Appointment of receivers and managers. any administrative or other receiver is appointed of the Borrower or any part of its material assets and/or undertaking undertakings or the Borrower requests any other steps are taken person to enforce any Encumbrance over all or any part of the assets of the Borrowerappoint such a receiver; or

Appears in 1 contract

Samples: Agreement (Weichai America Corp.)

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