Common use of Law of Property Act Clause in Contracts

Law of Property Act. At any time on or after the Enforcement Date or if requested by the Chargor, the Security Trustee may, without further notice, without the restrictions contained in sections 93 and 103 of the Law of Property Xxx 0000 and whether or not a Receiver shall have been appointed, exercise all the powers conferred upon mortgagees by the Law of Property Xxx 0000 as varied or extended by this Deed and all the powers and discretions conferred by this Deed on a Receiver either expressly or by reference and also, in the case of the Investments, all rights or powers which may be exercisable by the registered holder or beneficial owner of the same.

Appears in 2 contracts

Samples: Virgin Media Investments LTD, Wakefield Cable Communications LTD

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Law of Property Act. At any time on or after the Enforcement Date or if requested by the Chargor, the Security Trustee may, without further notice, without the restrictions contained in sections 93 and 103 of the Law of Property Xxx 0000 Act 1925 and whether or not a Receiver shall have been appointed, exercise all the powers conferred upon mortgagees by the Law of Property Xxx 0000 Act 1925 as varied or extended by this Deed and all the powers and discretions conferred by this Deed on a Receiver either expressly or by reference and also, in the case of the InvestmentsSecured Property, all rights or powers which may be exercisable by the registered holder or beneficial owner of the same.

Appears in 1 contract

Samples: Charge Over (Wakefield Cable Communications LTD)

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Law of Property Act. At any time on or after the Enforcement Date or if requested by the ChargorChargor concerned, the Security Trustee may, without further notice, without the restrictions contained in sections 93 and 103 of the Law of Property Xxx 0000 and whether or not a Receiver shall have been appointed, exercise all the powers conferred upon mortgagees by the Law of Property Xxx 0000 as varied or extended by this Deed and all the powers and discretions conferred by this Deed on a Receiver either expressly or by reference and also, in the case of the Investments, all rights or powers which may be exercisable by the registered holder or beneficial owner of the same.

Appears in 1 contract

Samples: Wakefield Cable Communications LTD

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