A Receiver definition

A Receiver shall in the exercise of his powers conform to any regulations or directions from time to time made or given by the Bank.

Examples of A Receiver in a sentence

  • A Receiver may give a valid receipt for any moneys and execute any assurance or thing which may be proper or desirable for realising any Security Asset.

  • A Receiver may bring, prosecute, enforce, defend and abandon any action, suit or proceedings in relation to any Security Asset which he thinks fit.

  • A Receiver may raise and borrow money either unsecured or on the security of any Security Asset either in priority to this Security or otherwise and generally on any terms and for whatever purpose which he thinks fit.

  • A Receiver may take immediate possession of, get in and collect any Security Asset.

  • A Receiver may form a Subsidiary of the Chargor and transfer to that Subsidiary any Security Asset.

  • A Receiver may settle, adjust, refer to arbitration, compromise and arrange any claim, account, dispute, question or demand with or by any person who is or claims to be a creditor of the Chargor or relating in any way to any Security Asset.

  • A Receiver may lend money or advance credit to any customer of any Chargor.

  • A Receiver may settle, adjust, refer to arbitration, compromise and arrange any claims, accounts, disputes, questions and demands with or by any person who is or claims to be a creditor of the Chargor or relating in any way to any Security Asset.

  • A Receiver may let any Security Asset for any term and at any rent (with or without a premium) which he thinks fit and may accept a surrender of any lease or tenancy of any Security Asset on any terms which he thinks fit (including the payment of money to a lessee or tenant on a surrender).

  • A Receiver may bring, prosecute, enforce, defend and abandon all actions, suits and proceedings in relation to any Security Asset which may seem to him to be expedient.

Related to A Receiver

  • Receiver means a receiver or receiver and manager or administrative receiver of the whole or any part of the Charged Property.

  • Liquidator has the meaning set forth in Section 13.2.A hereof.

  • Official Receiver means the Official Assignee appointed under the Bankruptcy Act (Cap. 20) and includes the deputy of any such Official Assignee and any person appointed as Assistant Official Assignee;

  • Assignee as defined in Section 10.6(b).

  • Facilitator ’ means a person who impar- tially aids in the discussions and negotiations among the members of a negotiated rule- making committee to develop a proposed rule;

  • Assuming Institution has the meaning set forth in the introduction to this Agreement.

  • Conservator means a person who is appointed by a court to manage the estate of a protected person.

  • Administrative Receivable means a Receivable which the Servicer is required to purchase pursuant to Section 3.08 or which the Servicer has elected to purchase pursuant to Section 8.01.

  • Substantial Part means properties and assets involved in any single transaction or a Series of Related Transactions having an aggregate fair market value of more than ten percent (10%) of the total consolidated assets of the Person in question as determined immediately prior to such transaction or Series of Related Transactions.

  • Bankruptcy Custodian means any receiver, trustee, assignee, liquidator or similar official under any Bankruptcy Law.

  • Custodian means any receiver, trustee, assignee, liquidator or similar official under any Bankruptcy Law.

  • Bankruptcy Party has the meaning assigned in Section 9.7.

  • Sheriff means the elected official who is the Sheriff of the County of Los Angeles.

  • Intervenor means any person who, upon written petition, is permitted to intervene in a specific proceeding before the board.

  • Distressed Person has the meaning set forth in the definition of “Lender-Related Distress Event.”

  • Curator means any person who is authorized to act under letters of curatorship granted or signed and sealed by a Master, or under an endorsement made under section seventy-two;

  • Bankrupt means with respect to any entity, such entity that (a) files a petition or otherwise commences, authorizes or acquiesces in the commencement of a proceeding or cause of action under any bankruptcy, insolvency, reorganization or similar Law, or has any such petition filed or commenced against it and such case filed against it is not dismissed in ninety (90) days, (b) makes an assignment or any general arrangement for the benefit of creditors, (c) otherwise becomes bankrupt or insolvent (however evidenced), (d) has a liquidator, administrator, receiver, trustee, conservator or similar official appointed with respect to it or any substantial portion of its property or assets, or (e) is generally unable to pay its debts as they fall due.

  • Successor Servicer has the meaning specified in Section 3.07(e).

  • Insolvency Official means the official receiver appointed in the context of any insolvency procedure which may be opened following the occurrence of an Insolvency Event.

  • Selling Institution The entity obligated to make payments to the Issuer under the terms of a Participation Interest.

  • Serviced Appointment has the meaning set forth in Section 1.1.

  • Insolvency Officer means any trustee, receiver, receiver and manager, liquidator, sequestrator, administrator or other custodian in connection with the insolvency of Project Co or any of its assets;

  • Debtor means a person who is liable on a claim.