Receivership Remuneration Agreement Sample Contracts
IN THE SUPREME COURT OF BELIZE, A.D. 2005 CLAIM NO: 471 OF 2005Receivership Remuneration Agreement • October 4th, 2020
assets charged by debenture; whether terms in the debenture regarding remuneration of the receiver were adopted by the instrument appointing the receiver or whether no manner of determining remuneration was specified, and the remuneration would be determined solely by the rule that remuneration must be fair and reasonable. Considerations for a fair and reasonable remuneration. The meaning of the clause, “such receiver shall be entitled to remuneration appropriate to the work and responsibilities involved upon the basis of charging from time to time adopted by such receiver in accordance with the current practice of his firm”. The function and duties of a receiver. A trustee under the trust deed and debenture deed; appointment of the receiver made by the trustee for the benefit of the “bond-holder”.