Common use of Appointment of Deed Company as Attorney Clause in Contracts

Appointment of Deed Company as Attorney. The Deed Company Creditors (including any person a Deed Company Creditor has transferred its rights in respect of its Deed Company Claims to) irrevocably authorises, instructs and empowers the Deed Company (acting by way of the Administrators, the Deed Administrators or an authorised signatory of the Deed Company) (the “Attorney”) to, as agent and attorney of that Deed Company Creditor: (a) sign, execute and deliver the Restructuring Documents to which that Deed Company Creditor is a party to, for and on behalf of that Deed Company Creditor; (b) sign, execute and deliver all such deeds, documents, agreements or instruments necessary or desirable to give effect to the terms of the Restructuring; (c) take any such other action as may be reasonably necessary or desirable, to give effect to the terms of this Deed, the Related DOCAs and the Restructuring Implementation Deed. (d) provide instructions on behalf of the Deed Company Creditors to any Administrative Party to (i) execute any Restructuring Document or any other document necessary or desirable to give effect to the terms of the Restructuring, and (ii) to take all steps and actions contemplated by terms of this Deed, the Related DOCAs and the terms of the Restructuring Implementation Deed.

Appears in 20 contracts

Samples: Deed of Company Arrangement, Deed of Company Arrangement, Deed of Company Arrangement

AutoNDA by SimpleDocs

Appointment of Deed Company as Attorney. (a) The Deed Company Creditors (including any person a Deed Company Creditor has transferred its rights in respect of its Deed Company Claims to) irrevocably authorises, instructs and empowers the Deed Company (acting by way of the Administrators, the Deed Administrators or an authorised signatory of the Deed Company) (the “Attorney”) to, as agent and attorney of that Deed Company Creditor: (a) (i) sign, execute and deliver the Restructuring Documents to which that Deed Company Creditor is a party to, for and on behalf of that Deed Company Creditor; (b) (ii) sign, execute and deliver all such deeds, documents, agreements or instruments necessary or desirable to give effect to the terms of the Restructuring; (c) (iii) take any such other action as may be reasonably necessary or desirable, to give effect to the terms of this Deed, the Related DOCAs and the Restructuring Implementation Deed. . (d) (iv) provide instructions on behalf of the Deed Company Creditors to any Administrative Party to (i) execute any Restructuring Document or any other document necessary or desirable to give effect to the terms of the Restructuring, and (ii) to take all steps and actions contemplated by terms of this Deed, the Related DOCAs and the terms of the Restructuring Implementation Deed,.

Appears in 1 contract

Samples: Deed of Company Arrangement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!