Administrative Agent as Attorney in Fact. The Administrative Agent is hereby appointed the attorney-in-fact of the Seller for the purpose of carrying out the provisions of this Agreement and taking any action and executing any instruments or documents that the Administrative Agent may deem reasonably necessary or advisable to accomplish the purposes hereof, which appointment as attorney-in-fact is irrevocable and coupled with an interest, although the Administrative Agent agrees not to exercise its rights under this power of attorney unless, in its opinion or the opinion of its legal counsel, an Event of Default has occurred that the Administrative Agent has not declared in writing to have been cured or waived. Without limiting the generality of the foregoing, but subject to Section 18.3, the Administrative Agent shall have the right and power during the occurrence and continuation of any Event of Default to receive, endorse, collect and control all checks or instruments made payable to the order of the Seller and all other forms of payment to the Seller that represent any payment on account of the principal of or interest on or proceeds from any of the Purchased Loans and to give full discharge for the same.
Administrative Agent as Attorney in Fact. (a) The Grantors hereby irrevocably constitute and designate Administrative Agent as and for the Grantors’ attorney in fact, effective following the occurrence and during the continuance of an Event of Default:
Administrative Agent as Attorney in Fact. Administrative Agent is hereby appointed the attorney-in-fact of Seller for the purpose of carrying out the provisions of this Agreement and taking any action and executing any instruments that Administrative Agent may, in good faith, deem necessary or advisable to accomplish the purposes hereof, including receiving, endorsing and collecting all checks made payable to the order of Seller representing any Income on any of the Purchased Mortgage Loans and giving full discharge for the same and perfect and continue the Lien granted hereby and protect, preserve and realize on the Mortgage Assets, which appointment as attorney-in-fact is irrevocable and coupled with an interest. Administrative Agent agrees to not exercise the power granted by this Section 19 unless an Event of Default has occurred and is continuing; provided that Administrative Agent may (i) add and amend endorsements in Seller’s name of Mortgage Notes relating to Purchased Mortgage Loans either in blank or to any Approved Takeout Investor or its designee, cancel endorsements and re-endorse Mortgage Notes in Seller’s name and (ii) take such actions as it deems in good faith to be necessary or appropriate to accomplish the purposes hereof, to perfect and continue the Lien granted hereby and to protect and preserve the Mortgage Assets, at any time before or after any Event of Default has occurred.
Administrative Agent as Attorney in Fact. If an Event of Default has occurred and is continuing, the Administrative Agent and any officer or agent of the Administrative Agent, with full power of substitution, is hereby appointed the attorney-in-fact (with special power of attorney, which shall be, if required, formalized before a notary public pursuant to Peruvian Law) of the Borrower for the purpose of carrying out the provisions of the Loan Documents, and taking any action and executing any instrument which the Administrative Agent may deem necessary or advisable to accomplish the purposes of the Loan Documents, which appointment as attorney-in-fact is irrevocable and coupled with an interest and, without limiting the generality of the foregoing, gives the Administrative Agent and any officer or agent of the Administrative Agent the power and right on behalf of the Borrower without notice to or assent by any of the foregoing to do the following when and to the extent that it is authorized or directed to do so pursuant to the terms of this Agreement or any of the Collateral Documents:
Administrative Agent as Attorney in Fact. Administrative Agent is hereby appointed the attorney-in-fact of each Seller for the purpose of carrying out the provisions of this Agreement and taking any action and executing any instruments that Administrative Agent may, in good faith, deem necessary or advisable to accomplish the purposes hereof, which appointment as attorney-in-fact is irrevocable and coupled with an interest. Without limiting the generality of the foregoing, Administrative Agent shall have the right and power to receive, endorse and collect all checks made payable to the order of a Seller representing any Income on any of the Purchased Mortgage Loans and to give full discharge for the same.
Administrative Agent as Attorney in Fact. The Pledgor hereby irrevocably appoints the Administrative Agent its true and lawful attorney, with full power of substitution, in the name of the Pledgor, the Administrative Agent or its nominee, the Syndication Agent, the Documentation Agent, the Banks or otherwise, for the sole use and benefit of the Administrative Agent, the Syndication Agent, the Documentation Agent, the Banks and the Holders of Obligations, but at the Pledgor's expense, to exercise, subject to the provisions of the Stockholders' Agreement and the Certificate of Designation, at any time and from time to time while an Event of Default has occurred and is continuing, all or any of the following powers with respect to all or any of the Collateral:
Administrative Agent as Attorney in Fact. (a) Each of the Grantors hereby irrevocably makes, constitutes and appoints the Administrative Agent (and all officers, employees or agents designated on behalf of the Administrative Agent) as and for such Grantor’s true and lawful agent and attorney-in-fact, and in such capacity the Administrative Agent shall have the right, with power of substitution for each Grantor and in each Grantor’s name or otherwise, for the use and benefit of the Administrative Agent and the other Euro Credit Parties:
