Common use of Appointment of Receivers Clause in Contracts

Appointment of Receivers. While an Event of Default is continuing, the Scheme Owner may: (a) (i) either before or after it has taken possession of the Customer’s Allocation appoint any one or more persons to be a receiver or receiver and manager of the Customer’s Allocation or a part of it; and

Appears in 4 contracts

Sources: Standard Customer Distribution Contract, Distribution Contract, Distribution Contract

Appointment of Receivers. While an Event of Default is continuingcontinuing in respect of the Customer, the Scheme Owner may: (a) (i) either before or after it has taken possession of the Customer’s Allocation appoint any one or more persons to be a receiver or receiver and manager of the Customer’s Allocation or a part of it; and

Appears in 1 contract

Sources: Distribution Contract