Agent Appointed Attorney-in-Fact. Grantor hereby irrevocably appoints Agent Grantor's attorney-in-fact, with full authority in the place and stead of the Grantor and in the name of the Grantor, the Lenders or otherwise, from time to time in Agent's discretion, to take any action and to execute any instrument which Agent may deem necessary or advisable to accomplish the purposes of this Agreement, including, without limitation: (a) to obtain and adjust insurance required to be paid to Agent pursuant to Section 7, (b) to ask, demand, collect, xxx for, recover, compromise, receive and give acquittance and receipts for moneys due and to become due under or in connection with the Collateral, (c) to receive, indorse, and collect any drafts or other instruments, documents and chattel paper, in connection therewith, and (d) to file any claims or take any action or institute any proceedings which Agent may deem necessary or desirable for the collection of any of the Collateral or otherwise to enforce the rights of Agent or the Lenders with respect to any of the Collateral.
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Samples: Security Agreement (Sonic Automotive Inc), Security Agreement (Sonic Automotive Inc)
Agent Appointed Attorney-in-Fact. Grantor Each of the Grantors hereby irrevocably appoints the Agent such Grantor's ’s attorney-in-in fact, with full authority in the place and stead of the such Grantor and in the name of the Grantor, the Lenders such Grantor or otherwise, from time to time after the occurrence and during the continuance of an Event of Default in the Agent's ’s discretion, to take any action and to execute any instrument which that the Agent may deem necessary or advisable to accomplish the purposes of this Agreement, including, without limitation:
(ai) to obtain and adjust insurance required to be paid to Agent pursuant to Section 7,
(b) to askask for, demand, collect, xxx for, recover, compromise, receive and give acquittance and receipts for moneys due and to become due under or in connection with respect of any of the Collateral,
(cii) to receive, indorse, indorse and collect any drafts or other instruments, chattel paper and documents and chattel paper, in connection therewithwith Section 8(a) or 8(b) above, and
(diii) to file any claims or claims, to take any action or to institute any proceedings which that the Agent may deem necessary or desirable for the collection of any of the Collateral or otherwise to enforce compliance with the rights of the Agent or the Lenders with respect to any of the Collateral.
Appears in 1 contract
Samples: Credit Agreement (International Rectifier Corp /De/)
Agent Appointed Attorney-in-Fact. The Grantor hereby irrevocably appoints the Agent the Grantor's ’s attorney-in-fact, with full authority in the place and stead of the Grantor and in the name of the Grantor, the Lenders Grantor or otherwise, following the occurrence of an Event of Default from time to time in the Agent's ’s discretion, to take any action and to execute any instrument which that the Agent may deem necessary or advisable to accomplish the purposes of this Agreement, including, without limitation:
(a) to obtain and adjust insurance required to be paid to Agent pursuant to Section 7,
(b) to askask for, demand, collect, xxx sxx for, recover, compromise, receive and give acquittance and receipts for moneys due and to become due under or in connection with respect of any of the Collateral,
(cb) to receive, indorse, indorse and collect any drafts or other instruments, documents and chattel paper, in connection therewithwith clause (a) above, and
(dc) to file any claims or take any action or institute any proceedings which that the Agent may deem necessary or desirable for the collection of any of the Collateral or otherwise to enforce the rights of the Agent or the Lenders with respect to any of the Collateral.
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Agent Appointed Attorney-in-Fact. Grantor Each Pledgor hereby irrevocably appoints the Agent Grantor's such Pledgor’s attorney-in-fact, with full authority in the place and stead of the Grantor such Pledgor and in the name of the Grantor, the Lenders such Pledgor or otherwise, from time to time time, if an Event of Default shall have occurred and be continuing, in the Agent's ’s discretion, to take any action and to execute any instrument which that the Agent may deem necessary or advisable to accomplish the purposes of this Agreement, including, without limitation:
(a) to obtain and adjust insurance required to be paid to Agent pursuant to Section 7,
(b) to askask for, demand, collect, xxx for, recover, compromise, receive and give acquittance and receipts for moneys due and to become due under or in connection with respect of any of the Collateral,
(cb) to receive, indorse, indorse and collect any drafts or other instruments, documents and chattel paperinstruments or documents, in connection therewithwith clause (a) above, and
(dc) to file any claims or take any action or institute any proceedings which that the Agent may deem necessary or desirable for the collection of any of the Collateral or otherwise to enforce the rights of the Agent or the Lenders with respect to any of the Collateral.
Appears in 1 contract
Samples: Pledge Agreement (Chemtura CORP)
Agent Appointed Attorney-in-Fact. The Grantor hereby irrevocably appoints the Agent the Grantor's attorney-in-fact, with full authority in the place and stead of the Grantor and in the name of the Grantor, the Lenders Grantor or otherwise, from time to time in the Agent's discretiondiscretion following the occurrence and during the continuance of an Event of Default, to take any action and to execute any instrument which that the Agent may deem necessary or advisable to accomplish the purposes of this Agreement, including, without limitation:
(a) to obtain and adjust insurance required to be paid to Agent pursuant to Section 7,
(b) to askask for, demand, collect, xxx forsue xxx, recover, compromise, receive and give acquittance and receipts for moneys due and to become due under or in connection with respect of any of the Collateral,
(cb) to receive, indorse, indorse and collect any drafts or other instruments, instruments and documents and chattel paper, in connection therewithwith clause (a) above, and
(dc) to file any claims or take any action or institute any proceedings which that the Agent may deem necessary or desirable for the collection of any of the Collateral or otherwise to enforce the rights of the Agent or the Lenders with respect to any of the Collateral.
Appears in 1 contract
Samples: Pledge Agreement (BGLS Inc)
Agent Appointed Attorney-in-Fact. Grantor Each Pledgor hereby irrevocably appoints the Agent Grantorsuch Pledgor's attorney-in-fact, with full authority in the place and stead of the Grantor such Pledgor and in the name of the Grantor, the Lenders such Pledgor or otherwise, from time to time after the occurrence and during the continuance of an Event of Default in the Agent's discretion, to take any action and to execute any instrument which that the Agent may deem necessary or advisable to accomplish the purposes of this Agreement, including, without limitation:
(a) to obtain and adjust insurance required to be paid to Agent pursuant to Section 7,
(b) to askask for, demand, collect, xxx sxx for, recover, compromise, receive and give acquittance and receipts for moneys due and to become due under or in connection with respect of any of the Collateral,
(cb) to receive, indorse, indorse and collect any drafts or other instruments, instruments and documents and chattel paper, in connection therewithwith clause (a) above, and
(dc) to file any claims or take any action or institute any proceedings which 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 the Agent or the Lenders with respect to any of the Collateral.
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Agent Appointed Attorney-in-Fact. The Grantor hereby irrevocably appoints the Agent the Grantor's ’s attorney-in-fact, with full authority in the place and stead of the Grantor and in the name of the Grantor, the Lenders Grantor or otherwise, from time to time in the Agent's discretion’s reasonable discretion upon the occurrence and during the continuance of an Event of Default, to take any action and to execute any instrument which the Agent may deem necessary or advisable to accomplish the purposes of this Agreement, including, without limitation:
(a) to obtain and adjust insurance required to be paid to Agent pursuant to Section 7,
(b) to ask, demand, collect, xxx for, recover, compromise, receive and give acquittance and receipts for moneys due and to become due under or in connection with the Collateral,;
(cb) to receive, indorse, endorse and collect any drafts or other instruments, documents and chattel paper, paper in connection therewith, ; and
(dc) to file any claims or take any action or institute any proceedings which 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 the Agent or the Lenders with respect to any of the Collateral.
Appears in 1 contract
Samples: Senior Secured Debtor in Possession Credit Agreement (Gulfmark Offshore Inc)
Agent Appointed Attorney-in-Fact. The Grantor hereby irrevocably appoints the Agent the Grantor's attorney-in-fact, with full authority in the place and stead of the Grantor and in the name of the Grantor, the Lenders Grantor or otherwise, from time to time in the Agent's discretiondiscretion upon the occurrence and during the continuance of an Event of Default, to take any action and to execute any instrument which that the Agent may deem necessary or advisable to accomplish the purposes of this Agreement, including, without limitation:
(a) to obtain and adjust insurance required to be paid to Agent pursuant to Section 7,
(b) to ask, demand, collect, xxx for, recover, compromise, receive and give acquittance and receipts for moneys due and to become due under or in connection with respect of any of the Trademark Collateral,
(cb) to receive, indorseendorse, and collect any drafts or other instruments, documents and chattel paper, in connection therewithwith clause (a) above, and
(dc) to file any claims or take any action or institute any proceedings which the Agent may deem necessary or desirable for the collection of any of payments relating to the Trademark Collateral or otherwise to enforce the rights of the Agent or the Lenders with respect to any of the Trademark Collateral.
Appears in 1 contract
Samples: Credit Agreement (Topps Co Inc)
Agent Appointed Attorney-in-Fact. Grantor Each Pledgor hereby irrevocably appoints the Agent Grantor's such Pledgor’s attorney-in-fact, with full authority in the place and stead of the Grantor such Pledgor and in the name of the Grantor, the Lenders such Pledgor or otherwise, from time to time time, if an Event of Default shall have occurred and be continuing, in the Agent's ’s discretion, to take any action and to execute any instrument which that the Agent may deem necessary or advisable to accomplish the purposes of this Agreement, including, without limitation:
(a) to obtain and adjust insurance required to be paid to Agent pursuant to Section 7,
(b) to askask for, demand, collect, xxx sxx for, recover, compromise, receive and give acquittance and receipts for moneys due and to become due under or in connection with respect of any of the Collateral,
(cb) to receive, indorse, indorse and collect any drafts or other instruments, documents and chattel paperinstruments or documents, in connection therewithwith clause (a) above, and
(dc) to file any claims or take any action or institute any proceedings which that the Agent may deem necessary or desirable for the collection of any of the Collateral or otherwise to enforce the rights of the Agent or the Lenders with respect to any of the Collateral.
Appears in 1 contract
Samples: Pledge Agreement (Chemtura CORP)
Agent Appointed Attorney-in-Fact. Grantor hereby irrevocably appoints Agent Grantor's ’s attorney-in-fact, with full authority in the place and stead of the Grantor and in the name of the Grantor, the Lenders or otherwise, from time to time in Agent's ’s discretion, to take any action and to execute any instrument which Agent may deem necessary or advisable to accomplish the purposes of this Agreement, including, without limitation:
(aA) to obtain and adjust insurance required to be paid to Agent pursuant to Section 7,
, (bB) to ask, demand, collect, xxx for, recover, compromise, receive and give acquittance and receipts for moneys due and to become due under or in connection with the Collateral,
(cC) to receive, indorse, and collect any drafts or other instruments, documents and chattel paper, in connection therewith, and
(dD) to file any claims or take any action or institute any proceedings which Agent may deem necessary or desirable for the collection of any of the Collateral or otherwise to enforce the rights of Agent or the Lenders with respect to any of the Collateral.
Appears in 1 contract