Common use of Appointment of Assignee as Attorney Clause in Contracts

Appointment of Assignee as Attorney. in-Fact. Effective as of the date hereof, Assignor hereby irrevocably constitutes and appoints Assignee to be its true and lawful attorney-in-fact to act for Assignor, in the name, place and stead of Assignor, for the following purposes: to endorse any check or other instrument payable to Assignor in connection with the Project, to submit claims and otherwise deal with all insurance and insurance proceeds with respect to the Project, to execute and file with the appropriate governmental authority or office any and all certificates, reports or other evidence of the withdrawal of Assignor from the Company, and to perform such other acts as may be necessary to carry out the purpose and intent of the within assignment or to continue the business of the Company. Assignor hereby ratifies, acknowledges and confirms all acts taken by Assignee, as attorney-in-fact, pursuant to this appointment. Assignor hereby revokes, annuls and cancels any and all powers of attorney, if any, previously executed by Assignor with respect to such stated purposes, and the same shall be of no further force or effect. Assignor hereby acknowledges that such power shall be coupled with an interest and shall survive the disability or death of the Assignor.

Appointment of Assignee as Attorney. in-Fact. Effective as of the date hereof, Assignor hereby irrevocably constitutes and appoints Assignee to be its true and lawful attorney-in-fact to act for Assignor, in the name, place and stead of Assignor, for the following purposes: to endorse any check or other instrument payable to Assignor in connection with the Project, to submit claims and otherwise deal with all insurance and insurance proceeds with respect to the Project, to execute and file with the appropriate governmental authority or office any and all certificates, reports or other evidence of the withdrawal of Assignor from the Company, and to perform such other acts as may be necessary to carry out the purpose and intent of the within assignment or to continue the business of the Company. Assignor hereby ratifies, acknowledges and confirms all acts taken by Assignee, as attorney-in-fact, pursuant to this appointment. Assignor hereby revokes, annuls and cancels any and all powers of attorney, if any, previously executed by Assignor with respect to such stated purposes, and the same shall be of no further force or effect. Assignor hereby acknowledges that such power shall be coupled with an interest and shall survive the disability or death of the Assignor.