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.
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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 take immediate possession of, get in and collect any Security Asset.

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

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

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;