APPOINTMENT OF LENDER AS ATTORNEY. IN-FACT. Borrower irrevocably designates, makes, constitutes and appoints Lender (and all persons reasonably designated by Lender), with full power of substitution, as Borrower's true and lawful attorney-in-fact (and not agent-in-fact) and Lender, or Lender's agent, may, without notice to Borrower, and at such time or times thereafter as Lender or said agent, in its discretion, may determine, in Borrower's or Lender's name, at no duty or obligation on Lender, do the following:
Appears in 6 contracts
Samples: Loan and Security Agreement (Thaxton Group Inc), Loan and Security Agreement (Thaxton Group Inc), Loan and Security Agreement (Finantra Capital Inc)
APPOINTMENT OF LENDER AS ATTORNEY. IN-IN- FACT. Borrower irrevocably designates, makes, constitutes and appoints Lender (and all persons reasonably designated by Lender), with full power of substitution, as Borrower's true and lawful attorney-in-fact (and not agent-in-fact) and Lender, or Lender's agent, may, without notice to Borrower, and at such time or times thereafter as Lender or said agent, in its discretion, may determine, in Borrower's or Lender's name, at no duty or obligation on Lender, do the following:
Appears in 1 contract
Samples: Loan and Security Agreement (Smart Choice Automotive Group Inc)