Common use of Administrative Agent's Appointment as Attorney Clause in Contracts

Administrative Agent's Appointment as Attorney. in-Fact. (a) The Parent hereby irrevocably constitutes and appoints the Administrative Agent and any officer or agent of the Administrative Agent, with full power of substitution, as its true and lawful attorney-in-fact with full irrevocable power and authority in the place and stead of the Parent and in the name of the Parent or in the Administrative Agent's own name, from time to time in the Administrative Agent's discretion, for the purpose of carrying out the terms of this Agreement, to take any and all appropriate action and to execute any and all documents and instruments which may be necessary or desirable to accomplish the purposes of this Agreement, including, without limitation, any financing statements, endorsements, assignments or other instruments of transfer.

Administrative Agent's Appointment as Attorney. in-Fact. (a) The Parent Borrowers hereby irrevocably constitutes constitute and appoints appoint the Administrative Agent and any officer or agent of the Administrative Agent, with full power of substitution, as its their true and lawful attorney-in-fact with full irrevocable power and authority in the place and stead of the Parent Borrowers and in the name of the Parent Borrowers or in the Administrative Agent's own name, from time to time in the Administrative Agent's discretion, for the purpose of carrying out the terms of this Agreement, to take any and all appropriate action and to execute any and all documents and instruments which may be necessary or desirable to accomplish the purposes of this Agreement, including, without limitation, any financing statements, endorsements, assignments or other instruments of transfer.