Agent Appointed Attorney-in-Fact. Pledgor hereby irrevocably appoints Collateral Agent Pledgor's attorney-in-fact, with full authority in the place and stead of Pledgor and in the name of Pledgor or otherwise, from time to time in Collateral Agent's discretion, to take any action and to execute any writing or paper which Collateral Agent may deem necessary or advisable to accomplish the purposes of this Pledge Agreement, including without limitation: (a) after the occurrence and continuance of an Event of Default, to ask, demand, collect, sue for, recover, compromise, receive and give acquittance and rexxxpts for moneys due and to become due under or in respect of any of the Collateral; (b) to receive, endorse, and collect any drafts or other instruments, documents and chattel paper, in connection with clause (a) above; and (c) to file any claims or take any action or institute any proceedings which Collateral Agent may deem necessary or desirable for the collection of any of the Collateral or otherwise to enforce the rights of Collateral Agent with respect to any of the Collateral. Pledgor hereby acknowledges, consents and agrees that the power of attorney granted pursuant to this Section is irrevocable and coupled with an interest.
Appears in 2 contracts
Samples: Credit Facility Agreement (Pioneer Natural Resources Co), Credit Facility Agreement (Pioneer Natural Resources Co)
Agent Appointed Attorney-in-Fact. Pledgor The Borrower hereby irrevocably appoints Collateral the Agent Pledgorthe Borrower's attorney-in-fact, with full authority in the place and stead of Pledgor the Borrower and in the name of Pledgor the Borrower or otherwise, from time to time in Collateral the Agent's discretion, to take any action and to execute any writing or paper instrument which Collateral the Agent may deem necessary or advisable to accomplish the purposes of this Pledge Agreement, including without limitation: :
(a) after the occurrence and continuance of an Event of Default, to ask, demand, collect, sue for, recover, compromisecompxxxise, receive and give acquittance and rexxxpts receipts for moneys due and to become due under or in respect of any of the Collateral; ;
(b) to receive, endorse, and collect any drafts or other instruments, documents and chattel paper, in connection with clause (a) above; and and
(c) to file any claims or take any action or institute any proceedings which Collateral the Agent may deem necessary or desirable for the collection of any of the Collateral or otherwise to enforce the rights of Collateral the Agent with respect to any of the Collateral. Pledgor The Borrower hereby acknowledges, consents and agrees that the power of attorney granted pursuant to this Section is irrevocable and coupled with an interest.
Appears in 2 contracts
Samples: Pledge Agreement (Calpine Corp), Pledge Agreement (Calpine Corp)
Agent Appointed Attorney-in-Fact. Pledgor hereby irrevocably appoints Collateral Agent Pledgor's attorney-in-fact, with full authority in the place and stead of Pledgor and in the name of Pledgor or otherwise, from time to time in Collateral Agent's discretion, to take any action and to execute any writing or paper which Collateral Agent may deem necessary or advisable to accomplish the purposes of this Pledge Agreement, including without limitation: (a) after the occurrence and continuance of an Event of Default, to ask, demand, collect, sue forxxx, recover, compromise, receive and give acquittance and rexxxpts receipts for moneys due and to become due under or in respect of any of the Collateral; (b) to receive, endorse, and collect any drafts or other instruments, documents and chattel paper, in connection with clause (a) above; and (c) to file any claims or take any action or institute any proceedings which Collateral Agent may deem necessary or desirable for the collection of any of the Collateral or otherwise to enforce the rights of Collateral Agent with respect to any of the Collateral. Pledgor hereby acknowledges, consents and agrees that the power of attorney granted pursuant to this Section is irrevocable and coupled with an interest.
Appears in 2 contracts
Samples: Credit Facility Agreement (Pioneer Natural Resources Co), Credit Facility Agreement (Pioneer Natural Resources Co)
Agent Appointed Attorney-in-Fact. Pledgor Each Grantor hereby irrevocably appoints Collateral the Agent Pledgor's its attorney-in-fact, with full authority in the place and stead of Pledgor such Grantor and in the name of Pledgor such Grantor or otherwise, from time to time in Collateral the Agent's ’s discretion, following the occurrence and during the continuance of a Specified Default, to take any action and to execute any writing or paper instrument which Collateral the Agent may deem necessary or advisable to accomplish the purposes of this Pledge Security Agreement, including without limitation: including:
(a) after the occurrence and continuance of an Event of Default, to ask, demand, collect, sue sxx for, recover, compromise, receive and give acquittance and rexxxpts receipts for moneys due and to become due under or in respect of any of the Collateral; ;
(b) to receive, endorse, and collect any drafts or other instrumentsInstruments, documents Documents and chattel paperChattel Paper, in connection with clause (a) above; and ;
(c) to file any claims or take any action or institute any proceedings which Collateral the Agent may deem necessary or desirable for the collection of any of the Collateral or otherwise to enforce the rights of Collateral the Agent with respect to any of the Collateral; and
(d) to perform the affirmative obligations of such Grantor hereunder. Pledgor Each Grantor hereby acknowledges, consents and agrees that the power of attorney granted pursuant to this Section is irrevocable and coupled with an interest.
Appears in 2 contracts
Samples: Security Agreement (Empire Resources Inc /New/), Security Agreement (Empire Resources Inc /New/)
Agent Appointed Attorney-in-Fact. Pledgor The Borrower hereby irrevocably appoints Collateral the Agent Pledgorthe Borrower's attorney-in-fact, with full authority in the place and stead of Pledgor the Borrower and in the name of Pledgor the Borrower or otherwise, from time to time in Collateral the Agent's discretion, to take any action and to execute any writing or paper instrument which Collateral the Agent may deem necessary or advisable to accomplish the purposes of this Pledge Agreement, including without limitation: :
(a) after the occurrence and continuance of an Event of Default, to ask, demand, collect, sue for, recover, compromise, receive and give acquittance and rexxxpts receipts for moneys due and to become due under or in respect of any of the Collateral; ;
(b) to receive, endorse, and collect any drafts or other instruments, documents and chattel paper, in connection with clause (a) above; and and
(c) to file any claims or take any action or institute any proceedings which Collateral the Agent may deem necessary or desirable for the collection of any of the Collateral or otherwise to enforce the rights of Collateral the Agent with respect to any of the Collateral. Pledgor The Borrower hereby acknowledges, consents and agrees that the power of attorney granted pursuant to this Section is irrevocable and coupled with an interest.
Appears in 1 contract
Samples: Note Pledge Agreement (Calpine Corp)
Agent Appointed Attorney-in-Fact. Pledgor Each of the Pledgors hereby irrevocably appoints Collateral the Agent as such Pledgor's attorney-in-fact, with full authority in the place and stead of such Pledgor and in the name of such Pledgor or otherwise, from time to time in Collateral Agent's discretionupon the occurrence and during the continuance of any Event of Default, to take any action and to execute any writing or paper instrument which Collateral the Agent may deem necessary or advisable to accomplish the purposes of this Pledge Agreement, including without limitation: :
(a) after the occurrence and continuance of an Event of Default, to ask, demand, collect, sue forxxx, recover, compromise, receive and give acquittance and rexxxpts receipts for moneys due and to become due under or in respect of any of the Collateral; ;
(b) to receive, endorse, and collect any drafts or other instruments, documents and chattel paper, in connection with clause (a) above; and and
(c) to file any claims or take any action or institute any proceedings which Collateral the Agent may deem necessary or desirable for the collection of any of the Collateral or otherwise to enforce the rights of Collateral the Agent with respect to any of the Collateral. Pledgor Each of the Pledgors hereby acknowledges, consents and agrees that the power of attorney granted pursuant to this Section is irrevocable and coupled with an interest.
Appears in 1 contract
Samples: Pledge Agreement (Symantec Corp)
Agent Appointed Attorney-in-Fact. Pledgor The Pledgors hereby irrevocably appoints Collateral appoint the Agent Pledgor's the Pledgors' attorney-in-fact, with full authority in the place and stead of each Pledgor and in the name of each Pledgor or otherwise, from time to time in Collateral the Agent's discretion, to take any action and to execute any writing or paper instrument which Collateral the Agent may deem necessary or advisable to accomplish the purposes of this Pledge Agreement, including without limitation: :
(a) after the occurrence and continuance of an Event of Default, to ask, demand, collect, sue for, recover, compromise, receive and give acquittance and rexxxpts xxceipts for moneys due and to become due under or in respect of any of the Collateral; ;
(b) to receive, endorse, and collect any drafts or other instruments, documents and chattel paper, in connection with clause (a) above; and and
(c) to file any claims or take any action or institute any proceedings which Collateral the Agent may deem necessary or desirable for the collection of any of the Collateral or otherwise to enforce the rights of Collateral the Agent with respect to any of the Collateral. Each Pledgor hereby acknowledges, consents and agrees that the power of attorney granted pursuant to this Section is irrevocable and coupled with an interest.
Appears in 1 contract
Samples: Pledge Agreement (Calpine Corp)
Agent Appointed Attorney-in-Fact. The Pledgor hereby -------------------------------- irrevocably appoints Collateral the Agent the Pledgor's attorney-in-fact, with full authority in the place and stead of the Pledgor and in the name of the Pledgor or otherwise, from time to time in Collateral the Agent's discretion, to take any action and to execute any writing or paper instrument which Collateral the Agent may deem necessary or advisable to accomplish the purposes of this Pledge Agreement, including without limitation: :
(a) after the occurrence and continuance of an Event of Default, to ask, demand, collect, sue xxx for, recover, compromise, receive and give acquittance and rexxxpts receipts for moneys due and to become due under or in respect of any of the Collateral; ;
(b) to receive, endorse, and collect any drafts or other instruments, documents and chattel paper, in connection with clause (a) above; and ----------
(c) to file any claims or take any action or institute any proceedings which Collateral the Agent may deem necessary or desirable for the collection of any of the Collateral or otherwise to enforce the rights of Collateral the Agent or the Lenders with respect to any of the Collateral. The Pledgor hereby acknowledges, consents and agrees that the power of attorney granted pursuant to this Section is irrevocable and coupled with an interest.
Appears in 1 contract
Agent Appointed Attorney-in-Fact. Each Pledgor hereby irrevocably appoints Collateral the Agent such Pledgor's attorney-in-fact, with full authority in the place and stead of such Pledgor and in the name of such Pledgor or otherwise, from time to time after the occurrence and during the continuance of an Event of Default in Collateral the Agent's discretion, to take any action and to execute any writing or paper which Collateral instrument that the Agent may deem necessary or advisable to accomplish the purposes of this Pledge Agreement, including including, without limitation: :
(a) after the occurrence and continuance of an Event of Default, to askask for, demand, collect, sue for, recover, compromise, receive and give acquittance acquixxxnce and rexxxpts receipts for moneys due and to become due under or in respect of any of the Collateral; ,
(b) to receive, endorse, indorse and collect any drafts or other instruments, instruments and documents and chattel paper, in connection with clause (a) above; and , and
(c) to file any claims or take any action or institute any proceedings which Collateral that the Agent may deem necessary or desirable for the collection of any of the Collateral or otherwise to enforce compliance with the terms and conditions of any Assigned Agreement or the rights of Collateral the Agent with respect to any of the Collateral. Pledgor hereby acknowledges, consents and agrees that the power of attorney granted pursuant to this Section is irrevocable and coupled with an interest.
Appears in 1 contract
Agent Appointed Attorney-in-Fact. Pledgor The -------------------------------- Grantor hereby irrevocably appoints Collateral the Agent Pledgorthe Grantor's attorney-in-fact, with full authority in the place and stead of Pledgor the Grantor and in the name of Pledgor the Grantor or otherwise, from time to time in Collateral the Agent's discretion, to take any action and to execute any writing or paper instrument which Collateral the Agent may deem necessary or advisable to accomplish the purposes of this Pledge Agreement, including including, without limitation: (a) after , following the occurrence and continuance of an Event of Default, :
(a) to ask, demand, collect, sue xxx for, recover, compromise, receive and give acquittance and rexxxpts receipts for moneys due and to become due under or in respect of connection with any of the Collateral; ;
(b) to receive, endorseindorse, and collect any drafts or other instruments, documents and chattel paper, in connection with clause (a) above; and ----------
(c) to file any claims or take any action or institute any proceedings which Collateral the Agent may deem necessary or desirable for the collection of any of the Collateral or otherwise to enforce the rights of Collateral the Agent with respect to any of the Collateral; and
(d) to receive, open and dispose of all mail addressed to the Grantor. Pledgor The Grantor hereby acknowledges, consents and agrees ratifies all that the such attorney-in-fact shall lawfully do or cause to be done by virtue hereof. This power of attorney granted pursuant to this Section is irrevocable and coupled with an interestinterest and shall be irrevocable.
Appears in 1 contract
Samples: Parent Guarantor Security Agreement (American Eco Corp)
Agent Appointed Attorney-in-Fact. Pledgor The Borrower hereby irrevocably appoints Collateral the Agent Pledgorthe Borrower's attorney-in-fact, with full authority in the place and stead of Pledgor the Borrower and in the name of Pledgor the Borrower or otherwise, from time to time in Collateral the Agent's discretion, to take any action and to execute any writing or paper instrument which Collateral the Agent may deem necessary or advisable to accomplish the purposes of this Pledge Agreement, including without limitation: :
(a) after the occurrence and continuance of an Event of Default, to ask, demand, collect, sue for, recover, compromise, receive and give acquittance and rexxxpts xxceipts for moneys due and to become due under or in respect of any of the Collateral; ;
(b) to receive, endorse, and collect any drafts or other instruments, documents and chattel paper, in connection with clause (a) above; and and
(c) to file any claims or take any action or institute any proceedings which Collateral the Agent may deem necessary or desirable for the collection of any of the Collateral or otherwise to enforce the rights of Collateral the Agent with respect to any of the Collateral. Pledgor The Borrower hereby acknowledges, consents and agrees that the power of attorney granted pursuant to this Section is irrevocable and coupled with an interest.
Appears in 1 contract
Samples: Pledge Agreement (Calpine Corp)
Agent Appointed Attorney-in-Fact. Pledgor Each Grantor hereby irrevocably appoints Collateral the Agent Pledgor's its attorney-in-fact, with full authority in the place and stead of Pledgor such Grantor and in the name of Pledgor such Grantor or otherwise, from time to time in Collateral the Agent's discretion, following the occurrence and during the continuance of a Specified Default, to take any action and to execute any writing or paper instrument which Collateral the Agent may deem necessary or advisable to accomplish the purposes of this Pledge Security Agreement, including without limitation: including:
(a) after the occurrence and continuance of an Event of Default, to ask, demand, collect, sue sxx for, recover, compromise, receive and give acquittance and rexxxpts receipts for moneys due and to become due under or in respect of any of the Collateral; ;
(b) to receive, endorse, and collect any drafts or other instrumentsInstruments, documents Documents and chattel paperChattel Paper, in connection with clause (a) above; and ;
(c) to file any claims or take any action or institute any proceedings which Collateral the Agent may deem necessary or desirable for the collection of any of the Collateral or otherwise to enforce the rights of Collateral the Agent with respect to any of the Collateral; and
(d) to perform the affirmative obligations of such Grantor hereunder. Pledgor Each Grantor hereby acknowledges, consents and agrees that the power of attorney granted pursuant to this Section is irrevocable and coupled with an interest.
Appears in 1 contract