Appointment of Power of Attorney Sample Clauses
Appointment of Power of Attorney. The Subordinated Creditor hereby irrevocably authorizes, appoints, and empowers Lender to (if the Subordinated Creditor refuses to do so within two business days after request of Lender) demand, xxx for, collect, and receive every such payment or distribution and give acquittance therefor and to file claims and take such other proceedings, in Lender’s own name or in the name of and as attorney-in-fact for the Subordinated Creditor, as Lender may deem necessary or advisable for the enforcement of this Agreement; and the Subordinated Creditor shall execute and deliver to Lender such powers of attorney, assignments, or other instruments as may be requested by Lender to enable Lender to enforce any and all claims upon or with respect to the Subordinated Indebtedness and any security therefor and to collect and receive all payments or distributions that may be payable or deliverable at any time upon or with respect to the Subordinated Indebtedness.
Appointment of Power of Attorney. Each Additional Member by its execution of this Agreement irrevocably makes, constitutes and appoints the Managing Member as its true and lawful agent and attorney-in-fact, with full power and authority in its name, place and stead, to make, execute, sign, acknowledge, swear to, record and file: (i) any amendment or waiver of any provision of this Agreement that has been adopted or made as herein provided; (ii) all certificates and other instruments deemed advisable by the Managing Member to comply with the provisions of this Agreement and applicable law or to permit the Company to become or to continue as a limited liability company or other entity wherein the Additional Members have limited liability in each jurisdiction where the Company may be doing business; (iii) all instruments that the Managing Member deems appropriate to reflect a change or modification of this Agreement or the Company in accordance with this Agreement; (iv) all conveyances and other instruments or papers deemed advisable by the Managing Member, to effect the dissolution, winding up and termination of the Company pursuant to the provisions of this Agreement; (v) all fictitious or assumed name certificates required or permitted to be filed on behalf of the Company; and (vi) all other instruments or papers not inconsistent with the terms of this Agreement which may be required by law to be filed on behalf of the Company.
Appointment of Power of Attorney. Upon the occurrence of an Event of Default, Subordinated Lender irrevocably authorizes, appoints, and empowers Senior Lender to demand, sue xxx, collect, and receive every such payment or distribution and give acquittance therefor and to file claims and take such other proceedings, in Senior Lender's own name or in the name of and as attorney-in-fact for Subordinated Lender, as Senior Lender may deem necessary or advisable for the enforcement of this Agreement; and Subordinated Lender shall execute and deliver to Senior Lender such powers of attorney, assignments, or other instruments as may be requested by Senior Lender to enable Senior Lender to enforce any and all claims upon or with respect to the Subordinated indebtedness and to collect and receive all payments or distributions which may be payable or deliverable at any time upon or with respect to the Subordinated Indebtedness.
Appointment of Power of Attorney. In consideration of the Trustee’s acceptance of the Subscriber’s subscription for Units on behalf of the Fund, the Subscriber hereby nominates, constitutes and appoints the Trustee and any person duly appointed to replace the Trustee as manager of the Fund pursuant to the Trust Document, under which the Fund was established with full power of substitution, as the Subscriber’s true and lawful attorney and agent with full power and authority in the Subscriber’s name, place and stead to execute under seal or otherwise, swear to, make, acknowledge, deliver and record or file as and where required: (i) all instructions and documents on behalf of and in the name of the Subscriber or in the name of the Trustee as may be deemed necessary by the Trustee to carry out fully the provisions of the agreement created upon the Trustee’s acceptance of the Subscriber’s subscription for Units of the Fund; (ii) the documents necessary to be filed with the appropriate governmental body or authority in connection with the business, property, assets and undertaking of the Fund; and (iii) any election, determination, designation, information return or similar document or instrument as may be required or desirable at any time under the Income Tax Act (Canada) (the “Tax Act”) or under any other taxation legislation or laws of like import of Canada or of any province or jurisdiction which relates to the affairs of the Fund or the interest of any person in the Fund.
Appointment of Power of Attorney. Each Agent irrevocably authorizes, appoints, and empowers Collateral Agent to act as such Agent's attorney-in-fact with respect to the Collateral or any part thereof or under or with respect to any of the Loan Documents, as Collateral Agent may deem reasonably necessary or advisable for the enforcement of this Agreement or to otherwise carry out the intent of this Agreement; and each Agent shall execute and deliver to Collateral Agent such powers of attorney, assignments, or other instruments as may be reasonably requested by Collateral Agent to enable Collateral Agent to enforce any and all of Collateral Agent's rights or duties under this Agreement.
Appointment of Power of Attorney. Each Member by its execution of this Agreement irrevocably makes, constitutes and appoints the Company as its true and lawful agent and attorney-in-fact, with full power of substitution to its Affiliates and full power and authority in its name, place and stead, to make, execute, sign, acknowledge, swear to, record and file: (i) all certificates and other instruments deemed advisable by the Company to permit the Company to become or to continue as a limited liability company or other entity wherein the Members have limited liability in each jurisdiction where the Company is currently doing business or may in the future do business; and (ii) all fictitious or assumed name certificates required or permitted to be filed on behalf of the Company.
Appointment of Power of Attorney. Each Secured Creditor irrevocably authorizes, appoints, and empowers the Collateral Agent to act as such Secured Creditor’s attorney-in-fact with respect to the Collateral, or any part thereof, or under or with respect to any of the Collateral Documents, as the Collateral Agent may deem necessary or advisable for the enforcement of the provisions of this Agreement or the other Collateral Documents, or to otherwise carry out the intent of the provisions of this Agreement. Each Secured Creditor shall execute and deliver to the Collateral Agent such powers of attorney, assignments, or other instruments as may be requested by the Collateral Agent to enable the Collateral Agent to enforce any and all of the Collateral Agent’s rights or duties under this Agreement and the other Collateral Documents.
Appointment of Power of Attorney. (A) Each of the Limited Partners hereby irrevocably constitutes and appoints each General Partner, with full power to act alone and to designate substitutes, as its true and lawful attorney-in-fact on its behalf and in its name, place and stead to make, execute, consent to, swear to, acknowledge, record and file the following:
(1) A Certificate of Limited Partnership, Assumed Name Certificates, Applications for Certificate of Authority and any other certificates or other instruments which may be required to be filed by the Partnership or the Partners under the laws of the State of Texas and under the applicable laws of any other jurisdiction to the extent that the General Partner deems such filing to be necessary or desirable, including any and all amendments, cancellations or terminations thereof;
(2) All instruments that effect a change or modification of the Partnership in accordance with this Agreement, including any amendment to this Agreement made in accordance with the terms hereof; and
(3) All such other instruments as the General Partner may deem necessary or desirable to carry out fully the provisions of this Agreement in accordance with its terms.
(B) It is expressly understood and intended by each of the Limited Partners that the grant of the foregoing power of attorney is coupled with an interest, shall be irrevocable and shall be binding on any assignee of all or any part of its interest in the Partnership.
(C) To the extent allowed by law, the foregoing power of attorney shall survive the death, legal incapacity, Bankruptcy, insolvency, dissolution or other cessation to exist as an entity of a Limited Partner during the term hereof and shall survive the delivery of any assignment by a Limited Partner of the whole or any portion of its interest in the Partnership, and any assignee of such Limited Partner does hereby constitute and appoint the General Partner his, her or its attorney in the same manner and force and for the same purposes as does the assignor.
(D) The foregoing power of attorney may be exercised by the General Partner, on behalf of the Limited Partners by executing any instrument along with a single signature as attorney-in-fact for them.
Appointment of Power of Attorney. 24 ARTICLE 14
Appointment of Power of Attorney. Each Bank irrevocably authorizes, appoints, and empowers the Collateral Agent to act as such Bank's attorney-in-fact with respect to the Collateral, or any part thereof, or under or with respect to any of the Collateral Documents, as the Collateral Agent may deem necessary or advisable for the enforcement of this Article 9A, or to otherwise carry out the intent of this Article 9A or the Intercreditor Provisions; and each Bank shall execute and deliver to the Collateral Agent such powers of attorney, assignments, or other instruments as may be reasonably requested by the Collateral Agent to enable the Collateral Agent to enforce any and all of the Collateral Agent's rights or duties under the Intercreditor Provisions and the Collateral Documents.