Common use of Appointment of the Bank Clause in Contracts

Appointment of the Bank. as the Borrower's Attorney 13.1 To execute and complete in favour of the Bank or its nominee any documents which the Bank may require for perfecting its title to or for vesting the said Vehicle in the Bank or its nominee or any purchaser thereof. 13.2 To disburse the loan amount of purchase of the said Vehicle directly to the dealer/seller and obtain a receipt for such payme nt from the dealer/seller. 13.3 To take inspection directly or to engage any Advocate, Chartered Accountant or registered trade practitioner for taking inspe ction of my/our income tax returns and assessment proceedings, Appeal proceedings etc. relating to the current and previous Assessment years. This authority is being given to the Bank to enable the Bank to verify the veracity of various representations made by me/up the undersigned, f or seeking auto loan from the Bank. 13.4 To appear before the office of Registration Authority, Regional Transport Officer, Sales Officer and other authorities through advocates or any such authorized person deemed necessary by the Bank to effect endorsement of hypothecation in the registration certificate an d transfer the Vehicle when necessary. 13.5 To obtain, receive, demand or collect any form, certificates, registration books, booking order, insurance policies or other documents form any Registering Authority, manufacturers of the said Vehicle and/or its dealers. 13.6 To take possession of the said Vehicle in case of default and for the purpose enter the premises where the said Vehicle is parked, as per terms of the Agreement. 13.7 To transfer, sell or dispose of the said Vehicle and sign and execute all or any forms, declarations or instruments, a s may be necessary or expedient for giving effect to the delivery to the said Vehicle to the purchaser thereof. 13.8 To appoint or engage any broker, dealer or auctioneer for affecting any such transfer, sale or disposition of the said vehicl e. 13.9 To sign, execute necessary forms, documents or to give notice to the appropriate Registering Authority for effecting transfer of the said Vehicle in favour of the purchaser. 13.10 To receive the consideration of the sale, transfer, disposition or dealing of the said Vehicle and issue proper receipt or receipts to give a valid and effectual discharge for such consideration. 13.11 To take delivery, actual possession or custody of the said Vehicle as and when demanded by the bank. 13.12 To appoint or engage any broker or other agent for taking possession or effecting delivery of the said Vehicle. 13.13 To sign and deliver or otherwise perfect the hypothecation created or to be created on the said Vehicle and to do all such ac ts, deeds and things as may be required for exercise of or any the powers hereby conferred. 13.14 To sign and deliver the necessary forms that may be required to be filed or necessary with Registration Authority or other authorities under the Motor Vehicles Act, 1988 or any other law for the time being in force to record the charge of hypothecation on the said Vehicle, created or to be created in favour of the Bank. 13.15 To pay any fees, charges, penalties, imposts, premiums, taxes or other impositions to any Registering Authority, insurance co mpanies or other authorities for the said Vehicle. 13.16 To act as a facilitator and make the premium payment to any insurance company and/or insure, renew such insurance at my/our costs, charges and expenses which shall be reimbursed by me/us to the Bank. 13.17 To obtain, receive, demand or collect any forms, certificates, registration books, booking order, insurance policies or other documents form any Registering Authority, manufactures of the said Vehicle or its dealer/sellers. 13.18 To cancel, annul or rescind booking of one or more of the said Vehicle and to get refund of any such booking amount from the manufacturer or its dealer by issuing receipts as valid and effectual discharge for such refund. 13.19 To fill in and compete any cheque that may be lying now or thereafter with the Bank duly signed by me, or on our behalf with such amount, date and/or name of the payee that may be deemed fit by the Bank. 13.20 To get requisite information from my employer as may be expedient to ascertain material particulars. 13.21 In case of default by me/us of the terms and conditions of the Agreement, to transfer, sell, give on hire, dispose of, give d eliver of and otherwise howsoever deal with the said Vehicle and to sign and execute all agreements, contracts, declaration form instruments and other writings whatsoever as may be necessary or expedient in that behalf. 13.22 To give notice, if required to the appropriate Registering Authority and/or such other authority in law, for the registration of the said Vehicle upon the sale, transfer, disposal, deliver thereof. 13.23 To delegate all, any or more than one of the powers, authorities and liberties herein vested and to appoint any substitute to any one or more purpose or purposes as the Bank shall from time to time desire in that behalf. 13.24 For the better doing, performing and executing all the matters and things aforesaid. the borrower hereby further grant unto the said Bank full power and authority to substitute and appoint in its place and stead on such terms as it may think fit one or more attorney/s to exercise for me/us as my/our attorney/s any or all the powers and authorities hereby conferred, to revoke any such appointments and to substitute or appoint anyother person/s place of such attorney/s as the Bank may from time to time think fit. And generally to do, perform and execute, all acts, deeds, matters and things relating to or concerning or touching these present as fully and effectually as if Borrower was personally and had been done, performed or executed the same myself/ourselves. This authority shall be binding upon me/us, the undersigned and my/our legal successors prior and post to the grant of the loan and shall be irrevocable during the tenure of the loan as the same is coupled with interest and consideration, until all sums due and owing by me/us h as been paid to the Bank. And Borrower hereby agree to ratify and confirm all and whatsoever the Bank shall do or cause to be done in or about the premises by virtue of these presents.

Appointment of the Bank. as the Borrower's Attorney 13.1 To execute and complete in favour of the Bank or its nominee any documents which the Bank may require for perfecting its title to or for vesting the said Vehicle in the Bank or its nominee or any purchaser thereof. 13.2 To disburse the loan amount of purchase of the said Vehicle directly to the dealer/seller and obtain a receipt for such payme nt from the dealer/seller. 13.3 To take inspection directly or to engage any Advocate, Chartered Accountant or registered trade practitioner for taking inspe ction of my/our income tax returns and assessment proceedings, Appeal proceedings etc. relating to the current and previous Assessment years. This authority is being given to the Bank to enable the Bank to verify the veracity of various representations made by me/up the undersigned, f or seeking auto loan from the Bank. 13.4 To appear before the office of Registration Authority, Regional Transport Officer, Sales Officer and other authorities through advocates or any such authorized person deemed necessary by the Bank to effect endorsement of hypothecation in the registration certificate an d transfer the Vehicle when necessary. 13.5 To obtain, receive, demand or collect any form, certificates, registration books, booking order, insurance policies or other documents form any Registering Authority, manufacturers of the said Vehicle and/or its dealers. 13.6 To take possession of the said Vehicle in case of default and for the purpose enter the premises where the said Vehicle is parked, as per terms of the Agreement. 13.7 To transfer, sell or dispose of the said Vehicle and sign and execute all or any forms, declarations or instruments, a s may be necessary or expedient for giving effect to the delivery to the said Vehicle to the purchaser thereof. 13.8 To appoint or engage any broker, dealer or auctioneer for affecting any such transfer, sale or disposition of the said vehicl e. 13.9 To sign, execute necessary forms, documents or to give notice to the appropriate Registering Authority for effecting transfer of the said Vehicle in favour of the purchaser. 13.10 To receive the consideration of the sale, transfer, disposition or dealing of the said Vehicle and issue proper receipt or receipts to give a valid and effectual discharge for such consideration. 13.11 To take delivery, actual possession or custody of the said Vehicle as and when demanded by the bank. 13.12 To appoint or engage any broker or other agent for taking possession or effecting delivery of the said Vehicle. 13.13 To sign and deliver or otherwise perfect the hypothecation created or to be created on the said Vehicle and to do all such ac ts, deeds and things as may be required for exercise of or any the powers hereby conferred. 13.14 To sign and deliver the necessary forms that may be required to be filed or necessary with Registration Authority or other authorities under the Motor Vehicles Act, 1988 or any other law for the time being in force to record the charge of hypothecation on the said Vehicle, created or to be created in favour of the Bank. 13.15 To pay any fees, charges, penalties, imposts, premiums, taxes or other impositions to any Registering Authority, insurance co mpanies or other authorities for the said Vehicle. 13.16 To act as a facilitator and make the premium payment to any insurance company and/or insure, renew such insurance at my/our costs, charges and expenses which shall be reimbursed by me/us to the Bank. 13.17 To obtain, receive, demand or collect any forms, certificates, registration books, booking order, insurance policies or other documents form any Registering Authority, manufactures of the said Vehicle or its dealer/sellers. 13.18 To cancel, annul or rescind booking of one or more of the said Vehicle and to get refund of any such booking amount from the manufacturer or its dealer by issuing receipts as valid and effectual discharge for such refund. 13.19 To fill in and compete any cheque that may be lying now or thereafter with the Bank duly signed by me, or on our behalf with such amount, date and/or name of the payee that may be deemed fit by the Bank. 13.20 To get requisite information from my employer as may be expedient to ascertain material particulars. 13.21 In case of default by me/us of the terms and conditions of the Agreement, to transfer, sell, give on hire, dispose of, give d eliver xxxxxx of and otherwise howsoever deal with the said Vehicle and to sign and execute all agreements, contracts, declaration form instruments and other writings whatsoever as may be necessary or expedient in that behalf. 13.22 To give notice, if required to the appropriate Registering Authority and/or such other authority in law, for the registration of the said Vehicle upon the sale, transfer, disposal, deliver thereof. 13.23 To delegate all, any or more than one of the powers, authorities and liberties herein vested and to appoint any substitute to any one or more purpose or purposes as the Bank shall from time to time desire in that behalf. 13.24 For the better doing, performing and executing all the matters and things aforesaid. the borrower hereby further grant unto the said Bank full power and authority to substitute and appoint in its place and stead on such terms as it may think fit one or more attorney/s to exercise for me/us as my/our attorney/s any or all the powers and authorities hereby conferred, to revoke any such appointments and to substitute or appoint anyother person/s place of such attorney/s as the Bank may from time to time think fit. And generally to do, perform and execute, all acts, deeds, matters and things relating to or concerning or touching these present as fully and effectually as if Borrower Xxxxxxxx was personally and had been done, performed or executed the same myself/ourselves. This authority shall be binding upon me/us, the undersigned and my/our legal successors prior and post to the grant of the loan and shall be irrevocable during the tenure of the loan as the same is coupled with interest and consideration, until all sums due and owing by me/us h as been paid to the Bank. And Borrower hereby agree to ratify and confirm all and whatsoever the Bank shall do or cause to be done in or about the premises by virtue of these presents.

Appointment of the Bank. as the Borrower's Attorney 13.1 To execute and complete in favour of the Bank or its nominee any documents which the Bank may require for perfecting its title to or for vesting the said Vehicle in the Bank or its nominee or any purchaser thereof. 13.2 To disburse the loan amount of purchase of the said Vehicle directly to the dealer/seller and obtain a receipt for such payme nt from the dealer/seller. 13.3 To take inspection directly or to engage any Advocate, Chartered Accountant or registered trade practitioner for taking inspe ction of my/our income tax returns and assessment proceedings, Appeal proceedings etc. relating to the current and previous Assessment years. This authority is being given to the Bank to enable the Bank to verify the veracity of various representations made by me/up me /up the undersigned, f or for seeking auto loan Two Xxxxxxx Loan from the Bank. 13.4 To appear before the office of Registration Authority, Regional Transport Officer, Sales Officer and other authorities through advocates or any such authorized person deemed necessary by the Bank to effect endorsement of hypothecation in the registration certificate an d transfer the Vehicle when necessary. 13.5 To obtain, receive, demand or collect any form, certificates, registration books, booking order, insurance policies or other documents form any Registering Authority, manufacturers of the said Vehicle and/or its dealers. 13.6 To take possession of the said Vehicle in case of default and for the purpose enter the premises where the said Vehicle is parked, as per terms of the Agreement. 13.7 To transfer, sell or dispose of the said Vehicle and sign and execute all or any forms, declarations or instruments, a s may be necessary or expedient for giving effect to the delivery to the said Vehicle to the purchaser thereof. 13.8 To appoint or engage any broker, dealer or auctioneer for affecting any such transfer, sale or disposition of the said vehicl e. 13.9 To sign, execute necessary forms, documents or to give notice to the appropriate Registering Authority for effecting transfer of the said Vehicle in favour of the purchaser. 13.10 To receive the consideration of the sale, transfer, disposition or dealing of the said Vehicle and issue proper receipt or receipts to give a valid and effectual discharge for such consideration. 13.11 To take delivery, actual possession or custody of the said Vehicle as and when demanded by the bank. 13.12 To appoint or engage any broker or other agent for taking possession or effecting delivery of the said Vehicle. 13.13 To sign and deliver or otherwise perfect the hypothecation created or to be created on the said Vehicle and to do all such ac ts, deeds and things as may be required for exercise of or any the powers hereby conferred. 13.14 To sign and deliver the necessary forms that may be required to be filed or necessary with Registration Authority or other authorities under the Motor Vehicles Act, 1988 or any other law for the time being in force to record the charge of hypothecation on the said Vehicle, created or to be created in favour of the Bank. 13.15 To pay any fees, charges, penalties, imposts, premiums, taxes or other impositions to any Registering Authority, insurance co mpanies or other authorities for the said Vehicle. 13.16 To act as a facilitator and make the premium payment to any insurance company and/or insure, renew such insurance at my/our costs, charges and expenses which shall be reimbursed by me/us to the Bank. 13.17 To obtain, receive, demand or collect any forms, certificates, registration books, booking order, insurance policies or other documents form any Registering Authority, manufactures of the said Vehicle or its dealer/sellers. 13.18 To cancel, annul or rescind booking of one or more of the said Vehicle and to get refund of any such booking amount from the manufacturer or its dealer by issuing receipts as valid and effectual discharge for such refund. 13.19 To fill in and compete any cheque that may be lying now or thereafter with the Bank duly signed by me, or on our behalf with such amount, date and/or name of the payee that may be deemed fit by the Bank. 13.20 To get requisite information from my employer as may be expedient to ascertain material particulars. 13.21 In case of default by me/us of the terms and conditions of the Agreement, to transfer, sell, give on hire, dispose of, give d eliver of and otherwise howsoever deal with the said Vehicle and to sign and execute all agreements, contracts, declaration form instruments and other writings whatsoever as may be necessary or expedient in that behalf. 13.22 To give notice, if required to the appropriate Registering Authority and/or such other authority in law, for the registration of the said Vehicle upon the sale, transfer, disposal, deliver thereof. 13.23 To delegate all, any or more than one of the powers, authorities and liberties herein vested and to appoint any substitute to any one or more purpose or purposes as the Bank shall from time to time desire in that behalf. 13.24 For the better doing, performing and executing all the matters and things aforesaid. the borrower hereby further grant unto the said Bank full power and authority to substitute and appoint in its place and stead on such terms as it may think fit one or more attorney/s to exercise for me/us as my/our attorney/s any or all the powers and authorities hereby conferred, to revoke any such appointments and to substitute or appoint anyother person/s place of such attorney/s as the Bank may from time to time think fit. And generally to do, perform and execute, all acts, deeds, matters and things relating to or concerning or touching these present as fully and effectually as if Borrower was personally and had been done, performed or executed the same myself/ourselves. This authority shall be binding upon me/us, the undersigned and my/our legal successors prior and post to the grant of the loan and shall be irrevocable during the tenure of the loan as the same is coupled with interest and consideration, until all sums due and owing by me/us h as been paid to the Bank. And Borrower hereby agree to ratify and confirm all and whatsoever the Bank shall do or cause to be done in or about the premises by virtue of these presents.

Appointment of the Bank. as the Borrower's Attorney 13.1 To execute and complete in favour of the Bank or its nominee any documents which the Bank may require for perfecting its title to or for vesting the said Vehicle in the Bank or its nominee or any purchaser thereof. 13.2 To disburse the loan amount of purchase of the said Vehicle directly to the dealer/seller and obtain a receipt for such payme nt payment from the dealer/seller. 13.3 To take inspection directly or to engage any Advocate, Chartered Accountant or registered trade practitioner for taking inspe ction inspection of my/our income tax returns and assessment proceedings, Appeal proceedings etc. relating to the current and previous Assessment years. This authority is being given to the Bank to enable the Bank to verify the veracity of various representations made by me/up me /up the undersigned, f or for seeking auto loan Two Xxxxxxx Loan from the Bank. 13.4 To appear before the office of Registration Authority, Regional Transport Officer, Sales Officer and other authorities through advocates or any such authorized person deemed necessary by the Bank to effect endorsement of hypothecation in the registration certificate an d transfer the Vehicle when necessary. 13.5 To obtain, receive, demand or collect any form, certificates, registration books, booking order, insurance policies or other documents form any Registering Authority, manufacturers of the said Vehicle and/or its dealers. 13.6 To take possession of the said Vehicle in case of default and for the purpose enter the premises where the said Vehicle is parked, as per terms of the Agreement. 13.7 To transfer, sell or dispose of the said Vehicle and sign and execute all or any forms, declarations or instruments, a s may be necessary or expedient for giving effect to the delivery to the said Vehicle to the purchaser thereof. 13.8 To appoint or engage any broker, dealer or auctioneer for affecting any such transfer, sale or disposition of the said vehicl e.vehicle. 13.9 To sign, execute necessary forms, documents or to give notice to the appropriate Registering Authority for effecting transfer of the said Vehicle in favour of the purchaser. 13.10 To receive the consideration of the sale, transfer, disposition or dealing of the said Vehicle and issue proper receipt or receipts to give a valid and effectual discharge for such consideration. 13.11 To take delivery, actual possession or custody of the said Vehicle as and when demanded by the bank. 13.12 To appoint or engage any broker or other agent for taking possession or effecting delivery of the said Vehicle. 13.13 To sign and deliver or otherwise perfect the hypothecation created or to be created on the said Vehicle and to do all such ac ts, deeds and things as may be required for exercise of or any the powers hereby conferred. 13.14 To sign and deliver the necessary forms that may be required to be filed or necessary with Registration Authority or other authorities under the Motor Vehicles Act, 1988 or any other law for the time being in force to record the charge of hypothecation on the said Vehicle, created or to be created in favour of the Bank. 13.15 To pay any fees, charges, penalties, imposts, premiums, taxes or other impositions to any Registering Authority, insurance co mpanies companies or other authorities for the said Vehicle. 13.16 To act as a facilitator and make the premium payment to any insurance company and/or insure, renew such insurance at my/our costs, charges and expenses which shall be reimbursed by me/us to the Bank. 13.17 To obtain, receive, demand or collect any forms, certificates, registration books, booking order, insurance policies or other documents form any Registering Authority, manufactures of the said Vehicle or its dealer/sellers. 13.18 To cancel, annul or rescind booking of one or more of the said Vehicle and to get refund of any such booking amount from the manufacturer or its dealer by issuing receipts as valid and effectual discharge for such refund. 13.19 To fill in and compete any cheque that may be lying now or thereafter with the Bank duly signed by me, or on our behalf with such amount, date and/or name of the payee that may be deemed fit by the Bank. 13.20 To get requisite information from my employer as may be expedient to ascertain material particulars. 13.21 In case of default by me/us of the terms and conditions of the Agreement, to transfer, sell, give on hire, dispose of, give d eliver deliver of and otherwise howsoever deal with the said Vehicle and to sign and execute all agreements, contracts, declaration form instruments and other writings whatsoever as may be necessary or expedient in that behalf. 13.22 To give notice, if required to the appropriate Registering Authority and/or such other authority in law, for the registration of the said Vehicle upon the sale, transfer, disposal, deliver thereof. 13.23 To delegate all, any or more than one of the powers, authorities and liberties herein vested and to appoint any substitute to any one or more purpose or purposes as the Bank shall from time to time desire in that behalf. 13.24 For the better doing, performing and executing all the matters and things aforesaid. the borrower hereby further grant unto the said Bank full power and authority to substitute and appoint in its place and stead on such terms as it may think fit one or more attorney/s to exercise for me/us as my/our attorney/s any or all the powers and authorities hereby conferred, to revoke any such appointments and to substitute or appoint anyother person/s place of such attorney/s as the Bank may from time to time think fit. And generally to do, perform and execute, all acts, deeds, matters and things relating to or concerning or touching these present as fully and effectually as if Borrower Xxxxxxxx was personally and had been done, performed or executed the same myself/ourselves. This authority shall be binding upon me/us, the undersigned and my/our legal successors prior and post to the grant of the loan lo an and shall be irrevocable during the tenure of the loan as the same is coupled with interest and consideration, until all sums due du e and owing by me/us h as been paid to the Bank. And Borrower hereby agree agrees to ratify and confirm all and whatsoever the Bank shall do or cause to be done in or about the premises by virtue of these presents.

Appointment of the Bank. as the Borrower's ’s Attorney 13.1 13.1. To execute and complete in favour of the Bank or its nominee any documents which the Bank may require for perfecting its title to or for vesting the said Vehicle in the Bank or its nominee or any purchaser thereof. 13.2 13.2. To disburse the loan amount of purchase of the said Vehicle directly to the dealer/seller and obtain a receipt for such payme nt payment from the dealer/seller. 13.3 13.3. To take inspection directly or to engage any Advocate, Chartered Accountant or registered trade practitioner for taking inspe ction inspection of my/our income tax returns and assessment proceedings, Appeal proceedings etc. relating to the current and previous Assessment years. This authority is being given to the Bank to enable the Bank to verify the veracity of various representations made by me/up the undersigned, f or seeking auto loan from the Bank. 13.4 13.4. To appear before the office of Registration Authority, Regional Transport Officer, Sales Officer and other authorities through advocates or any such authorized person deemed necessary by the Bank to effect endorsement of hypothecation in the registration certificate an d transfer the Vehicle when necessary. 13.5 13.5. To obtain, receive, demand or collect any form, certificates, registration books, booking order, insurance policies or other documents form any Registering Authority, manufacturers of the said Vehicle and/or its dealers. 13.6 13.6. To take possession of the said Vehicle in case of default and for the purpose enter the premises where the said Vehicle is parkedpacked, as per terms of the Agreement. 13.7 13.7. To transfer, sell or dispose of the said Vehicle and sign and execute all or any forms, declarations or instruments, a s may be necessary or expedient for giving effect to the delivery to the said Vehicle to the purchaser thereof. 13.8 13.8. To appoint or engage any broker, dealer or auctioneer for affecting any such transfer, sale or disposition of the said vehicl e.vehicle. 13.9 13.9. To sign, execute necessary forms, documents or to give notice to the appropriate Registering Authority for effecting transfer of the said Vehicle in favour of the purchaser. 13.10 13.10. To receive the consideration of the sale, transfer, disposition or dealing of the said Vehicle and issue proper receipt or receipts to give a valid and effectual discharge for such consideration. 13.11 13.11. To take delivery, actual possession or custody of the said Vehicle as and when demanded by the bank. 13.12 13.12. To appoint or engage any broker or other agent for taking possession or effecting delivery of the said Vehicle. 13.13 13.13. To sign and deliver or otherwise perfect the hypothecation created or to be created on the said Vehicle and to do all such ac tsacts, deeds and things as may be required for exercise of or any the powers hereby conferred. 13.14 13.14. To sign and deliver the necessary forms that may be required to be filed or necessary with Registration Authority or other authorities under the Motor Vehicles Act, 1988 or any other law for the time being in force to record the charge of hypothecation on the said Vehicle, created or to be created in favour of the Bank. 13.15 13.15. To pay any fees, charges, penalties, imposts, premiums, taxes or other impositions to any Registering Authority, insurance co mpanies companies or other authorities for the said Vehicle. 13.16 13.16. To act as a facilitator and make the premium payment to any insurance company and/or insure, renew such insurance at my/our costsc osts, charges and expenses which shall be reimbursed by me/us to the Bank. 13.17 13.17. To obtain, receive, demand or collect any forms, certificates, registration books, booking order, insurance policies or other documents form any Registering Authority, manufactures of the said Vehicle or its dealer/sellers. 13.18 13.18. To cancel, annul or rescind booking of one or more of the said Vehicle and to get refund of any such booking amount from the manufacturer or its dealer by issuing receipts as valid and effectual discharge for such refund. 13.19 13.19. To fill in and compete complete any cheque that may be lying now or thereafter with the Bank duly signed by me, or on our behalf with such amount, date and/or name of the payee that may be deemed fit by the Bank. 13.20 13.20. To get requisite information from my employer as may be expedient to ascertain material particulars. 13.21 13.21. In case of default by me/us of the terms and conditions of the Agreement, to transfer, sell, give on hire, dispose of, give d eliver deliver of and otherwise howsoever deal with the said Vehicle and to sign and execute all agreements, contracts, declaration form instruments and other writings whatsoever as may m ay be necessary or expedient in that behalf. 13.22 13.22. To give notice, if required to the appropriate Registering Authority and/or such other authority in law, for the registration of the said Vehicle upon the sale, transfer, disposal, deliver thereof. 13.23 13.23. To delegate all, any or more than one of the powers, authorities and liberties herein vested and to appoint any substitute to any one or more purpose or purposes as the Bank shall from time to time desire in that behalf. I / We Confirm having read and understood the text contained in page no. 7 and 8 this agreement. 13.24 For the better doing, performing and executing all the matters and things aforesaid. the borrower hereby further grant unto the said Bank full power and authority to substitute and appoint in its place and stead on such terms as it may think fit one or more attorney/s to exercise for me/us as my/our attorney/s any or all the powers and authorities hereby conferred, to revoke any such appointments and to substitute or appoint anyother person/s place of such attorney/s as the Bank may from time to time think fit. And generally to do, perform and execute, all acts, deeds, matters and things relating to or concerning or touching these present as fully and effectually as if Borrower was personally and had been done, performed or executed the same myself/ourselves. This authority shall be binding upon me/us, the undersigned and my/our legal successors prior and post to the grant of the loan and shall be irrevocable during the tenure of the loan as the same is coupled with interest and consideration, until all sums due and owing by me/us h as been paid to the Bank. And Borrower hereby agree to ratify and confirm all and whatsoever the Bank shall do or cause to be done in or about the premises by virtue of these presents.