Powers Exercisable by Receiver or Trustee. In case the Collateral shall be in the possession of a receiver or trustee, lawfully appointed, the powers conferred in this Article 12 upon the Issuer or Grantor, as applicable, with respect to the release, sale or other disposition of such property may be exercised by such receiver or trustee, and an instrument signed by such receiver or trustee shall be deemed the equivalent of any similar instrument of the Issuer or any Grantor, as applicable, or of any officer or officers thereof required by the provisions of this Article 12.
Appears in 11 contracts
Sources: Indenture (Applied Digital Corp.), Indenture (Hut 8 Corp.), Indenture (Core Scientific, Inc./Tx)
Powers Exercisable by Receiver or Trustee. In case the Collateral shall be in the possession of a receiver or trustee, lawfully appointed, the powers conferred in this Article 12 upon the Issuer or any Collateral Grantor, as applicable, with respect to the release, sale or other disposition of such property may be exercised by such receiver or trustee, and an instrument signed by such receiver or trustee shall be deemed the equivalent of any similar instrument of the Issuer or any Collateral Grantor, as applicable, or of any officer or officers thereof required by the provisions of this Article 12.
Appears in 10 contracts
Sources: Indenture (Transocean Ltd.), Indenture (Transocean Ltd.), Indenture (Transocean Ltd.)
Powers Exercisable by Receiver or Trustee. In case the Collateral shall be in the possession of a receiver or trustee, lawfully appointed, the powers conferred in this Article 12 11 upon the Issuer Company or any other Collateral Grantor, as applicable, with respect to the release, sale or other disposition of such property may be exercised by such receiver or trustee, and an instrument signed by such receiver or trustee shall be deemed the equivalent of any similar instrument of the Issuer Company or any other Collateral Grantor, as applicable, or of any officer or officers thereof required by the provisions of this Article 1211.
Appears in 10 contracts
Sources: Supplemental Indenture, Indenture, Indenture
Powers Exercisable by Receiver or Trustee. In case the Collateral shall be in the possession of a receiver or trustee, lawfully appointed, the powers conferred in this Article 12 upon the Issuer or Grantor, as applicable, Company with respect to the release, sale or other disposition of such property may be exercised by such receiver or trustee, and an instrument signed by such receiver or trustee shall be deemed the equivalent of any similar instrument of the Issuer or any Grantor, as applicable, Company or of any officer or officers thereof required by the provisions of this Article 12.
Appears in 5 contracts
Sources: Indenture (Pt Polytama Propindo), Indenture (Pt Polytama Propindo), Indenture (Goodman Conveyor Co)
Powers Exercisable by Receiver or Trustee. In case the Collateral shall be in the possession of a receiver or trustee, lawfully appointed, the powers conferred in this Article 12 11 upon the Issuer or any Collateral Grantor, as applicable, with respect to the release, sale or other disposition of such property may be exercised by such receiver or trustee, and an instrument signed by such receiver or trustee shall be deemed the equivalent of any similar instrument of the Issuer or any Collateral Grantor, as applicable, or of any officer or officers thereof required by the provisions of this Article 1211.
Appears in 4 contracts
Sources: Indenture (Mbia Inc), Subordinated Indenture (Mbia Inc), Indenture (Mbia Inc)
Powers Exercisable by Receiver or Trustee. In case the Collateral shall be in the possession of a receiver or trustee, lawfully appointed, the powers conferred in this Article 12 upon the Issuer Company, the Co-Obligor or Grantor, as applicable, a Guarantor with respect to the release, sale or other disposition of such property may be exercised by such receiver or trustee, and an instrument signed by such receiver or trustee shall be deemed the equivalent of any similar instrument of the Issuer Company, the Co-Obligor or any Grantor, as applicable, a Guarantor or of any officer or officers thereof required by the provisions of this Article 12.
Appears in 4 contracts
Sources: Second Lien Exchangeable Senior Secured Pik Notes Indenture (WeWork Inc.), First Lien Senior Secured Pik Notes Indenture (WeWork Inc.), Third Lien Exchangeable Senior Secured Pik Notes Indenture (WeWork Inc.)
Powers Exercisable by Receiver or Trustee. In case the Collateral shall be in the possession of a receiver or trustee, lawfully appointed, the powers conferred in this Article 12 upon the Issuer Company or Grantor, as applicable, with respect to the release, sale or other disposition of such property may be exercised by such receiver or trustee, and an instrument signed by such receiver or trustee shall be deemed the equivalent of any similar instrument of the Issuer Company or any Grantor, as applicable, or of any officer or officers thereof required by the provisions of this Article 12.
Appears in 4 contracts
Sources: Indenture (FTAI Infrastructure Inc.), Indenture (NRG Energy, Inc.), Indenture (Vistra Corp.)
Powers Exercisable by Receiver or Trustee. In case the Collateral shall be in the possession of a receiver or trustee, lawfully appointed, the powers conferred in this Article 12 11 upon the Issuer Company or Grantorany Guarantor, as applicable, with respect to the release, sale or other disposition of such property may be exercised by such receiver or trustee, and an instrument signed by such receiver or trustee shall be deemed the equivalent of any similar instrument of the Issuer Company or any GrantorGuarantor, as applicable, or of any officer or officers thereof required by the provisions of this Article 1211.
Appears in 2 contracts
Sources: Indenture (Endeavor International Corp), Indenture (Endeavour International Corp)
Powers Exercisable by Receiver or Trustee. In case the Collateral shall be in the possession of a receiver or trustee, lawfully appointed, the powers conferred in this Article 12 13 upon the Issuer Issuers or Grantor, as applicable, a Guarantor with respect to the release, sale or other disposition of such property may be exercised by such receiver or trustee, and an instrument signed by such receiver or trustee shall be deemed the equivalent of any similar instrument of the Issuer Issuers or any Grantor, as applicable, a Guarantor or of any officer Officer or officers Officers thereof required by the provisions of this Article 12.Article
Appears in 2 contracts
Powers Exercisable by Receiver or Trustee. In case the Collateral shall be in the possession of a receiver or trustee, lawfully appointed, the powers conferred in this Article 12 11 upon the Issuer Company or any Collateral Grantor, as applicable, with respect to the release, sale or other disposition of such property may be exercised by such receiver or trustee, and an instrument signed by such receiver or trustee shall be deemed the equivalent of any similar instrument of the Issuer Company or any Collateral Grantor, as applicable, or of any officer or officers thereof required by the provisions of this Article 1211.
Appears in 2 contracts
Sources: Indenture (Vantage Drilling International), Indenture (Pacific Drilling S.A.)
Powers Exercisable by Receiver or Trustee. In case the Collateral shall be in the possession of a receiver or trustee, lawfully appointed, the powers conferred in this Article 12 10 upon the Issuer Issuers or Grantorany Guarantor, as applicable, with respect to the release, sale or other disposition of such property may be exercised by such receiver or trustee, and an instrument signed by such receiver or trustee shall be deemed the equivalent of any similar instrument of the Issuer Issuers or any GrantorGuarantor, as applicable, or of any officer or officers thereof required by the provisions of this Article 1210.
Appears in 2 contracts
Sources: Indenture (Trump Indiana Inc), Indenture (Trump Indiana Inc)
Powers Exercisable by Receiver or Trustee. In case the Collateral shall be in the possession of a receiver or trustee, lawfully appointed, the powers conferred in this Article 12 11 upon the Issuer or Grantor, as applicable, a Guarantor with respect to the release, sale or other disposition of such property may be exercised by such receiver or trustee, and an instrument signed by such receiver or trustee shall be deemed the equivalent of any similar instrument of the Issuer or any Grantor, as applicable, a Guarantor or of any officer or officers thereof required by the provisions of this Article 1211.
Appears in 1 contract
Sources: Indenture (PQ Group Holdings Inc.)
Powers Exercisable by Receiver or Trustee. In case the Collateral shall be in the possession of a receiver or trustee, lawfully appointed, the powers conferred in this Article 12 upon the Issuer or Grantorany other Pledgor, as applicable, with respect to the release, sale or other disposition of such property may be exercised by such receiver or trustee, and an instrument signed by such receiver or trustee shall be deemed the equivalent of any similar instrument of the Issuer or any Grantorother Pledgor, as applicable, or of any officer or officers thereof required by the provisions of this Article 12.
Appears in 1 contract
Sources: Indenture (Terra Capital Inc)
Powers Exercisable by Receiver or Trustee. In case the Collateral shall be in the possession of a receiver or trustee, lawfully appointed, the powers conferred in this Article 12 upon the Issuer Company, the Co-Obligor or Grantor, as applicable, a Guarantor with respect to the release, sale or other disposition of such property may be exercised by such receiver or trustee, and an instrument signed by such receiver or trustee shall be deemed the equivalent of any similar instrument of the Issuer or any Grantor, as applicable, a Guarantor or of any officer or officers thereof required by the provisions of this Article 12.
Appears in 1 contract
Sources: Master Senior Secured Notes Note Purchase Agreement (WeWork Inc.)
Powers Exercisable by Receiver or Trustee. In case the Discount Notes Collateral shall be in the possession of a receiver or trustee, lawfully appointed, the powers conferred in this Article 12 11 upon the Issuer or Grantor, as applicable, Issuers with respect to the release, sale or other disposition of such property may be exercised by such receiver or trustee, and an instrument signed by such receiver or trustee shall be deemed the equivalent of any similar instrument of the Issuer or any Grantor, as applicable, Coaxial LLC or of any officer or officers thereof required by the provisions of this Article 1211.
Appears in 1 contract
Sources: Indenture (Coaxial LLC)
Powers Exercisable by Receiver or Trustee. In case the Collateral shall be in the possession of a receiver or trustee, lawfully appointed, the powers conferred in this Article 12 IX upon the Issuer Vistra Operations or Grantor, as applicable, with respect to the release, sale or other disposition of such property may be exercised by such receiver or trustee, and an instrument signed by such receiver or trustee shall be deemed the equivalent of any similar instrument of the Issuer Vistra Operations or any Grantor, as applicable, or of any officer or officers thereof required by the provisions of this Article 12IX.
Appears in 1 contract
Sources: Facility Agreement (Vistra Corp.)
Powers Exercisable by Receiver or Trustee. In case the Collateral shall be in the possession of a receiver or trustee, lawfully appointed, the powers conferred in this Article 12 14 upon the Issuer Company or Grantorany Guarantor, as applicable, with respect to the release, sale or other disposition of such property may be exercised by such receiver or trustee, and an instrument signed by such receiver or trustee shall be deemed the equivalent of any similar instrument of the Issuer Company or any GrantorGuarantor, as applicable, or of any officer or officers thereof required by the provisions of this Article 1214.
Appears in 1 contract
Powers Exercisable by Receiver or Trustee. In case the Collateral shall be in the possession of a receiver or trustee, lawfully appointed, the powers conferred in this Article 12 11 upon the Issuer or any other Collateral Grantor, as applicable, with respect to the release, sale or other disposition of such property may be exercised by such receiver or trustee, and an instrument signed by such receiver or trustee shall be deemed the equivalent of any similar instrument of the Issuer or any other Collateral Grantor, as applicable, or of any officer or officers thereof required by the provisions of this Article 1211.
Appears in 1 contract
Sources: Indenture (Pacific Drilling S.A.)
Powers Exercisable by Receiver or Trustee. In case the Collateral shall be in the possession of a receiver or trustee, lawfully appointed, the powers conferred in this Article 12 11 upon the Issuer or Grantor, as applicable, with respect to the release, sale or other disposition of such property may be exercised by such receiver or trustee, and an instrument signed by such receiver or trustee shall be deemed the equivalent of any similar instrument of the Issuer or any Grantor, as applicable, or of any officer or officers thereof required by the provisions of this Article 1211.
Appears in 1 contract
Sources: Indenture (Decora Industries Inc)
Powers Exercisable by Receiver or Trustee. In case the Collateral shall be in the possession of a receiver or trustee, lawfully appointed, the powers conferred in this Article 12 upon the Issuer or Grantor, as applicable, a Guarantor with respect to the release, sale or other disposition of such property may be exercised by such receiver or trustee, and an instrument signed by such receiver or trustee shall be deemed the equivalent of any similar instrument of the Issuer or any Grantor, as applicable, a Guarantor or of any officer or officers thereof required by the provisions of this Article 12.
Appears in 1 contract
Powers Exercisable by Receiver or Trustee. In case the Collateral shall be in the possession sion of a receiver or trustee, lawfully appointed, the powers conferred in this Article 12 upon the Issuer or Grantor, as applicable, a Guarantor with respect to the release, sale or other disposition of such property may be exercised by such receiver or trustee, and an instrument signed by such receiver or trustee shall be deemed the equivalent of any similar instrument of the Issuer or any Grantor, as applicable, a Guarantor or of any officer or officers thereof required by the provisions of this Article 12.
Appears in 1 contract
Powers Exercisable by Receiver or Trustee. In case the Collateral shall be in the possession of a receiver or trustee, lawfully appointed, the powers conferred in this Article Article 12 upon the Issuer or Grantor, as applicable, with respect to the release, sale or other disposition of such property may be exercised by such receiver or trustee, and an instrument signed by such receiver or trustee shall be deemed the equivalent of any similar instrument of the Issuer or any Grantor, as applicable, or of any officer or officers thereof required by the provisions of this Article Article 12.
Appears in 1 contract
Sources: Indenture (Cipher Digital Inc.)
Powers Exercisable by Receiver or Trustee. In case the ----------------------------------------- Collateral or Second Lien Collateral shall be in the possession of a receiver or trustee, lawfully appointed, the powers conferred in this Article 12 upon the Issuer or Grantorany other Pledgor, as applicable, with respect to the release, sale or other disposition of such property may be exercised by such receiver or trustee, and an instrument signed by such receiver or trustee shall be deemed the equivalent of any similar instrument of the Issuer or any Grantorother Pledgor, as applicable, or of any officer or officers thereof required by the provisions of this Article 12.
Appears in 1 contract
Sources: Indenture (Terra Industries Inc)
Powers Exercisable by Receiver or Trustee. In case the Collateral shall be in the possession of a receiver or trusteeTrustee, lawfully appointed, the powers conferred in this Article 12 11 upon the Issuer or Grantor, as applicable, with respect to the release, sale or other disposition of such property may be exercised by such receiver or trusteeTrustee, and an instrument signed by such receiver or trustee Trustee shall be deemed the equivalent of any similar instrument of the Issuer or any Grantor, as applicable, or of any officer or officers thereof required by the provisions of this Article 1211.
Appears in 1 contract
Powers Exercisable by Receiver or Trustee. In case the Collateral shall be in the possession of a receiver or trustee, lawfully appointed, the powers conferred in this Article 12 11 upon the Issuer or Grantor, as applicable, with respect to the release, sale release or other disposition Disposition of such property may be exercised by such receiver or trustee, and an instrument signed by such receiver or trustee shall be deemed the equivalent of any similar instrument of the Issuer or any Grantor, as applicable, or of any officer or officers thereof required by the provisions of this Article 1211; and if the Trustee shall be in the possession of the Collateral under any provision of this Indenture, then such powers may be exercised by the Trustee.
Appears in 1 contract
Powers Exercisable by Receiver or Trustee. In case the Collateral shall be in the possession of a receiver or trustee, lawfully appointed, the powers conferred in this Article 12 15 upon the Issuer or Grantor, as applicable, a Guarantor with respect to the release, sale or other disposition of such property may be exercised by such receiver or trustee, and an instrument signed by such receiver or trustee shall be deemed the equivalent of any similar instrument of the Issuer or any Grantor, as applicable, a Guarantor or of any officer or officers thereof required by the provisions of this Article 1215.
Appears in 1 contract
Powers Exercisable by Receiver or Trustee. In case the Collateral shall be in the possession of a receiver or trustee, lawfully appointed, the powers conferred in this Article 12 upon the Issuer Company or Grantorany of the Guarantors, as applicable, with respect to the release, sale or other disposition of such property may be exercised by such receiver or trustee, and an instrument signed by such receiver or trustee shall be deemed the equivalent of any similar instrument of the Issuer Company or any Grantorof the Guarantors, as applicable, or of any officer or officers thereof required by the provisions of this Article 12.
Appears in 1 contract
Sources: Indenture (Sanchez Energy Corp)