Common use of Appointment and Powers of Secured Party Clause in Contracts

Appointment and Powers of Secured Party. To the fullest extent permitted by applicable law, the Debtor hereby irrevocably constitutes and appoints the Secured Party and any 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 the Debtor or in the Secured Party’s own name, for the purpose of carrying out the terms of this Agreement, after the occurrence of any Event of Default, to take any and all appropriate action and to execute any and all documents and instruments that may be necessary or desirable to accomplish the purposes of this Agreement and, without limiting the generality of the foregoing, hereby gives said attorney the power and right, on behalf of the Debtor, without notice to or assent by the Debtor, to do the following:

Appointment and Powers of Secured Party. To the fullest extent permitted by applicable law, the Each Debtor hereby irrevocably constitutes and appoints the Secured Party and any officer or agent thereof, with full power of substitution, as its true and lawful attorneyattorneys-in-fact with full irrevocable power and authority in the place and stead of the Debtor or in the Secured Party’s own name, for the purpose of carrying out the terms of this Agreement, from and after the occurrence and during the continuance of any an Event of Default, to take any and all appropriate action and to execute any and all documents and instruments that may be necessary or desirable useful to accomplish the purposes of this Agreement and, without limiting the generality of the foregoing, hereby gives said attorney attorneys the power and right, on behalf of the Debtor, without notice to or assent by the Debtor, to do the following:

Appointment and Powers of Secured Party. To the fullest extent permitted by applicable law, the Debtor hereby irrevocably constitutes and appoints the Secured Party and any officer or agent thereof, with full power of substitution, as its true and lawful attorneyattorneys-in-fact with full irrevocable power and authority in the place and stead of the Debtor or in the Secured Party’s own name, for the purpose of carrying out the terms of this Agreement, from and after the occurrence and during the continuance of any an Event of Default, to take any and all appropriate action and to execute any and all documents and instruments that may be necessary or desirable useful to accomplish the purposes of this Agreement and, without limiting the generality of the foregoing, hereby gives said attorney attorneys the power and right, on behalf of the Debtor, without notice to or assent by the Debtor, to do the following:

Appointment and Powers of Secured Party. To Upon the fullest extent permitted by applicable lawoccurrence of an Attachment Event, the each Debtor hereby irrevocably constitutes and appoints the Secured Party and any officer or agent thereof, with full power of substitution, as its true and lawful attorneyattorneys-in-fact with full irrevocable power and authority in the place and stead of the such Debtor or in the Secured Party’s own name, for the purpose of carrying out the terms of this Agreement, after the occurrence of any Event of Default, to take any and all appropriate action and to execute any and all documents and instruments that may be necessary or desirable useful to accomplish the purposes of this Agreement and, without limiting the generality of the foregoing, hereby gives said attorney attorneys the power and right, on behalf of the such Debtor, without notice to or assent by the Debtorsuch Debtor except as expressly provided for herein, to do the following: