Common use of Agent’s Appointment as Attorney-in-Fact Clause in Contracts

Agent’s Appointment as Attorney-in-Fact. (a) Each Grantor hereby irrevocably constitutes and appoints the Agent and any Related Person thereof, 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 such Grantor and in the name of such Grantor or in its own name, upon the occurrence and during the continuance of any Event of Default, for the purpose of carrying out the terms of the Loan Documents, to take any appropriate action and to execute any document or instrument that may be necessary or desirable to accomplish the purposes of the Loan Documents, and, without limiting the generality of the foregoing, each Grantor hereby gives the Agent and its Related Persons the power and right, on behalf of such Grantor, without notice to or assent by such Grantor, to do any of the following when an Event of Default shall be continuing:

Agent’s Appointment as Attorney-in-Fact. (a) Each Grantor Borrower hereby irrevocably constitutes and appoints the Agent and any Related Person officer or agent thereof, 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 such Grantor Borrower and in the name of such Grantor Borrower or in its own name, upon from time to time in the occurrence and during the continuance of any Event of DefaultAgent’s discretion, for the purpose of carrying out the terms of the this Loan DocumentsAgreement, to take any and all appropriate action and to execute any document or instrument that and all documents and instruments which may be necessary or desirable to accomplish the purposes of the this Loan DocumentsAgreement, and, without limiting the generality of the foregoing, each Grantor such Borrower hereby gives the Agent and its Related Persons the power and right, on behalf of such GrantorBorrower, without assent by, but with notice to or assent by such GrantorBorrower, to do any of the following when if an Event of Default shall have occurred and be continuing, to do the following:

Agent’s Appointment as Attorney-in-Fact. (a) Each Grantor The Borrower hereby irrevocably constitutes and appoints the Agent and any Related Person officer or agent thereof, 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 such Grantor the Borrower and in the name of such Grantor the Borrower or in its own name, upon from time to time in the occurrence and during the continuance of any Event of DefaultAgent’s discretion, for the purpose of carrying out the terms of the Loan Documentsthis Agreement, to take any and all appropriate action and to execute any document or instrument that and all documents and instruments related to the Collateral which may be necessary or desirable to accomplish the purposes of the Loan Documentsthis Agreement, and, without limiting the generality of the foregoing, each Grantor the Borrower hereby gives the Agent and its Related Persons the power and right, on behalf of such Grantorthe Borrower, without notice to or assent by such Grantorthe Borrower, to do any of the following when if an Event of Default shall have occurred and be continuing, to do the following:

Agent’s Appointment as Attorney-in-Fact. (a) Each Grantor hereby irrevocably constitutes and appoints the Agent and any Related Person thereof, 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 such Grantor and in the name of such Grantor or in its own name, upon the occurrence and during the continuance of any Event of Default, for the purpose of carrying out the terms of the Loan Documents, to take any appropriate action and to execute any document or instrument that may be necessary or desirable to accomplish the purposes of the Loan Documents, and, without limiting the generality of the foregoing, each Grantor hereby gives the Agent and its Related Persons the power and right, on behalf of such Grantor, without notice to or assent by such Grantor, to do any of the following when an Event of Default shall be continuing:continuing (in each case, to the extent not otherwise inconsistent with the Interercreditor Agreement):

Agent’s Appointment as Attorney-in-Fact. (a) Each Grantor Seller hereby irrevocably constitutes and appoints the Agent and any Related Person officer or agent thereof, 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 such Grantor Seller and in the name of such Grantor Seller or in its own name, upon from time to time in the occurrence and during the continuance of any Event of DefaultAgent’s discretion, for the purpose of carrying out the terms of the Loan Documentsthis Repurchase Agreement, to take any and all appropriate action and to execute any document or instrument that and all documents and instruments which may be necessary or desirable to accomplish the purposes of the Loan Documentsthis Repurchase Agreement, and, without limiting the generality of the foregoing, each Grantor such Seller hereby gives the Agent and its Related Persons the power and right, on behalf of such GrantorSeller, without assent by, but with notice to or assent by such GrantorSeller, to do any of the following when if an Event of Default shall have occurred and be continuing, to do the following:

Agent’s Appointment as Attorney-in-Fact. (a) Each Grantor The Borrower hereby irrevocably constitutes and appoints the Agent and any Related Person officer or agent thereof, 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 such Grantor the Borrower and in the name of such Grantor the Borrower or in its own name, upon from time to time in the occurrence and during the continuance of any Event of DefaultAgent's discretion, for the purpose of carrying out the terms of the this Loan DocumentsAgreement, to take any and all appropriate action and to execute any document or instrument that and all documents and instruments which may be necessary or desirable to accomplish the purposes of the this Loan DocumentsAgreement, and, without limiting the generality of the foregoing, each Grantor the Borrower hereby gives the Agent and its Related Persons the power and right, on behalf of such Grantorthe Borrower, without assent by, but with notice to or assent by such Grantorto, the Borrower, to do any of the following when an Event of Default shall be continuingfollowing:

Agent’s Appointment as Attorney-in-Fact. (a) Each Grantor Borrower hereby irrevocably constitutes and appoints the Agent and any Related Person officer or agent thereof, 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 such Grantor Borrower and in the name of such Grantor Borrower or in its own name, upon from time to time in the occurrence and during the continuance of any Event of DefaultAgent's discretion, for the purpose of carrying out the terms of the this Loan DocumentsAgreement, to take any and all appropriate action and to execute any document or instrument that and all documents and instruments which may be necessary or desirable to accomplish the purposes of the this Loan DocumentsAgreement, and, without limiting the generality of the foregoing, each Grantor Borrower hereby gives the Agent and its Related Persons the power and right, on behalf of such GrantorBorrower, without assent by, but with notice to or assent by to, such GrantorBorrower, to do any of the following when if an Event of Default shall have occurred and be continuing, to do the following:

Agent’s Appointment as Attorney-in-Fact. (a) Each Grantor Seller hereby irrevocably constitutes and appoints the Agent and any Related Person officer or agent thereof, 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 such Grantor Seller and in the name of such Grantor seller or in its own name, upon from time to time in the occurrence and during the continuance of any Event of DefaultAgent's discretion, for the purpose of carrying out the terms of the Loan Documentsthis Repurchase Agreement, to take any and all appropriate action and to execute any document or instrument that and all documents and instruments which may be necessary or desirable to accomplish the purposes of the Loan Documentsthis Repurchase Agreement, and, without limiting the generality of the foregoing, each Grantor Seller hereby gives the Agent and its Related Persons the power and right, on behalf of such GrantorSeller, without assent by, but with notice to or assent by to, such GrantorSeller, to do any of the following when if an Event of Default shall have occurred and be continuing, to do the following: