Appointment of Bank as Attorney Sample Clauses

Appointment of Bank as Attorney in-Fact. Member does hereby make, constitute and appoint Bank its true and lawful attorney-in-fact to deal with the Collateral in the event of default and, in its name and stead to release, collect, compromise, settle, and release or record any note, mortgage or deed of trust which is a part of such Collateral as fully as the Member could do if acting for itself. The powers herein granted are coupled with an interest, and are irrevocable, and full power of substitution is granted to the Bank in the premises.

Appointment of Bank as Attorney in-Fact. Member does hereby make, constitute and appoint Bank its true and lawful attorney-in-fact to deal with the Collateral in the Event of Default and, in its name and stead to release, collect, compromise, settle, and release or record any note, mortgage or deed of trust which is a part of such Collateral as fully as the Member could do if acting for itself. The powers herein granted are coupled with an interest, and are irrevocable, and full power of substitution is granted to the Bank in the premises. ASPA — Delivery 5 January 2009

Appointment of Bank as Attorney. In-Fact After an Event of Default. Borrower, irrevocably, hereby designates, makes, constitutes and appoints Bank (and all Persons designated by Bank) as Borrower's true and lawful agent and attorney-in-fact from and after an Event of Default and during the continuation thereof, with power, without notice to Borrower and at such time or times hereafter as Bank, in its reasonable discretion, may determine, in Borrower's or Bank's name: (a) to demand payment of the Accounts and Special Collateral; (b) to enforce payment of the Accounts and Special Collateral by legal proceedings or otherwise; (c) to exercise all of Borrower's rights and remedies with respect to the collection of the Accounts and Special Collateral; (d) to settle, adjust, compromise, extend or renew the Accounts and Special Collateral; (e) to settle, adjust or compromise any legal proceedings brought to collect the Accounts and Special Collateral; (f) to sell or assign the Accounts and Special Collateral upon such terms, for such amounts and at such time or times as Bank deems advisable; (g) to discharge and release the Accounts and Special Collateral;

Appointment of Bank as Attorney. 9.1 Subject to Clause 6 hereof, the Company hereby irrevocably appoints the Bank its servant agent or any person nominated by the Bank under the hand of the Manager Sub-Manager or other officer for the time being of the Bank to be the attorney and in its name and on its behalf and as its acts and deeds or otherwise to sign seal deliver and otherwise perfect any legal or other mortgage charge assignment transfer agreement deed assurance instrument or act and to bring take defend prosecute compromise submit to arbitration and/or discontinue any action suit or proceeding whatsoever which may be required or may be deemed proper or expedient for the full exercise of all or any of the powers hereby conferred on the Bank or the Receiver and Manager or Receivers and Managers and also for the purpose of enforcement or realisation of the security created herein. 9.2 The Company declares that any and all such acts done deeds instruments and documents executed on behalf of the Company by the Bank as aforesaid by virtue of the provisions hereof shall be as good valid and effectual to all intent and purposes whatsoever as if the same has been duly and properly done and executed by the Company itself and the Company hereby undertakes to ratify and confirm all such acts done and deeds instruments and documents executed by virtue of the authority and power hereby conferred.