Common use of Privileges Clause in Contracts

Privileges. Each Receiver and the Collateral Agent is entitled to all the rights, powers, privileges and immunities conferred by law (including the Act) on mortgagees and receivers duly appointed under any law (including the Act), except that Section 103 of the Act does not apply.

Appears in 4 contracts

Samples: Security Agreement (St. Augustine Real Estate Holding LLC), Security Agreement (Gates Global Inc.), Security Agreement (Gates Global Inc.)

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Privileges. Each Receiver and the Collateral Agent is entitled to all the rights, powers, privileges and immunities conferred by law (including the Act) on mortgagees and receivers duly appointed under any law (including the Act), except that Section 103 of the Act does not apply.

Appears in 4 contracts

Samples: Security Agreement (Novelis South America Holdings LLC), Security Agreement (Novelis Inc.), Security Agreement (Novelis Inc.)

Privileges. Each Receiver and the Collateral Agent is entitled to all the rights, powers, privileges and immunities conferred by law (including by the Act) on mortgagees and receivers duly appointed under any law (including the Act), except ) save that Section section 103 of the Act does shall not apply.

Appears in 3 contracts

Samples: Aircraft Security Agreement (American Airlines Inc), Credit Agreement (American Airlines Inc), Aircraft Security Agreement (American Airlines, Inc.)

Privileges. Each Receiver and the Collateral Agent is entitled to all the rights, powers, privileges and immunities conferred by law (including the Act) on mortgagees and receivers duly appointed under any law (including the Act), except that Section 103 of the Act does not apply.

Appears in 2 contracts

Samples: Warp Technology Holdings Inc, Warp Technology Holdings Inc

Privileges. Each Receiver and of the Collateral Agent and any Receiver is entitled to all the rights, powers, powers privileges and immunities conferred by law (including the ActLPA) on or mortgagees and receivers duly appointed under any law (including the ActLPA), except that Section 103 of the Act does not apply.

Appears in 1 contract

Samples: Ip Security Agreement (Lombard Medical, Inc.)

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Privileges. Each Receiver and the Collateral Agent Chargee is entitled to all the rights, powers, privileges and immunities conferred by law (including the Act) on mortgagees and receivers duly appointed under any law (including the Act), except that Section 103 of the Act does not apply.

Appears in 1 contract

Samples: Agreement (Ctrip Com International LTD)

Privileges. Each Receiver and the Collateral Agent Lender is entitled to all the rights, powers, privileges and immunities conferred by law (including the Act) on mortgagees and receivers duly appointed under any law (including the Act), except that Section 103 of the Act does not apply.

Appears in 1 contract

Samples: Inyx Inc

Privileges. Each Receiver and the Collateral Security Agent is entitled to all the rights, powers, privileges and immunities conferred by law (including the Act) on mortgagees and receivers duly appointed under any law (including the Act), except that Section 103 of the Act does not apply.

Appears in 1 contract

Samples: Facility Agreement (Global Ship Lease, Inc.)

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