Common use of Receiver Clause in Contracts

Receiver. In addition to any other remedy available to it, Agent shall also have the right, upon the occurrence of an Event of Default and during its continuation, to seek and obtain the appointment of a receiver to take possession of and operate and/or dispose of the business and assets of Borrower.

Appears in 12 contracts

Sources: Term Loan Credit Agreement (Team Inc), Credit Agreement (GAN LTD), Unsecured Term Loan Credit Agreement (Corre Horizon Fund, Lp)

Receiver. In addition to any other remedy available to it, the Agent shall also have the right, upon the occurrence of an Event of Default and during its continuation, to seek and obtain the appointment of a receiver to take possession of and operate and/or dispose of the business and assets of Borrowerthe Borrowers.

Appears in 10 contracts

Sources: Credit Agreement (Team Inc), Credit Agreement (Team Inc), Credit Agreement (Team Inc)

Receiver. In addition to any other remedy available to it, Agent shall also have the right, upon the occurrence of an Event of Default and during its continuation, to seek and obtain the appointment of a receiver to take possession of and operate and/or dispose of the business and assets of BorrowerBorrowers.

Appears in 7 contracts

Sources: Credit Agreement (Adit EdTech Acquisition Corp.), Credit Agreement (Adit EdTech Acquisition Corp.), Credit Agreement (Adit EdTech Acquisition Corp.)

Receiver. In addition to any other remedy available to it, Agent shall also have the right, upon the occurrence of an Event of Default and during its continuation, to seek and obtain the appointment of a receiver, monitor, receiver and manager and interim receiver to take possession of and operate and/or dispose of the business and assets of Borrower.

Appears in 4 contracts

Sources: Credit Agreement (Team Inc), Second Lien Term Loan Credit Agreement (Team Inc), Second Lien Term Loan Credit Agreement (Team Inc)

Receiver. In addition to any other remedy available to it, the Agent shall also have the right, upon the occurrence of an Event of Default and during its continuation, to seek and obtain the appointment of a receiver to take possession of and operate and/or dispose of the business and assets of BorrowerSEEK AND OBTAIN THE APPOINTMENT OF A RECEIVER TO TAKE POSSESSION OF AND OPERATE AND/OR DISPOSE OF THE BUSINESS AND ASSETS OF THE BORROWERS.

Appears in 1 contract

Sources: Loan and Security Agreement (Trade Desk, Inc.)