Common use of APPOINTMENT OF LENDER AS BORROWER'S LAWFUL ATTORNEY Clause in Contracts

APPOINTMENT OF LENDER AS BORROWER'S LAWFUL ATTORNEY. Borrower irrevocably appoints Lender (and all persons designated by Lender) as Borrower's true and lawful attorney-in- fact to act in Borrower's place in Borrower's or Lender's name to: (i) demand payment of the Pledged Contracts, other Collateral consisting of payment obligations and Contract Rights;

Appears in 2 contracts

Samples: Motor Vehicle Installment Contract (Ugly Duckling Corp), Motor Vehicle Installment Contract Loan and Security Agreement (TFC Enterprises Inc)

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APPOINTMENT OF LENDER AS BORROWER'S LAWFUL ATTORNEY. Borrower irrevocably appoints Lender (and all persons designated by Lender) as Borrower's true and lawful attorney-in- in-fact to act in Borrower's place in Borrower's or Lender's name name, upon an Event of Default, to: (i) demand payment of the Pledged Contracts, other Collateral consisting of payment obligations and Contract Rights;

Appears in 1 contract

Samples: Registration Rights Agreement (General Acceptance Corp /In/)

APPOINTMENT OF LENDER AS BORROWER'S LAWFUL ATTORNEY. Borrower irrevocably appoints Lender (and all persons designated by Lender) as Borrower's true and lawful attorney-in- in-fact to act in Borrower's place in Borrower's or Lender's name to: (i) demand payment of the Pledged Contracts, other Collateral consisting of payment obligations and Contract Rights;

Appears in 1 contract

Samples: Motor Vehicle Installment Contract Loan and Security Agreement (TFC Enterprises Inc)

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APPOINTMENT OF LENDER AS BORROWER'S LAWFUL ATTORNEY. Borrower irrevocably appoints Lender (and all persons designated by Lender) as Borrower's true and lawful attorney-in- in-fact to act in Borrower's its name, place in Borrower's or Lender's name and stead and at its expense to: (i) demand payment of the Pledged Contracts, other Collateral consisting of payment obligations and Contract Rights;

Appears in 1 contract

Samples: Motor Vehicle Installment Contract Loan and Security Agreement (Consumer Portfolio Services Inc)

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