Authority to Administer Collateral. Each Pledgor irrevocably appoints the Collateral Custodian its true and lawful attorney, with full power of substitution, in the name of such Pledgor or otherwise, at the Borrower’s expense, to the extent permitted by law to exercise, at any time and from time to time while an Event of Default shall have occurred and be continuing, all or any of the following powers (subject to any limitation on the powers of the Secured Parties set forth elsewhere in this Agreement) with respect to all or any of such Pledgor’s Collateral:
Appears in 6 contracts
Samples: Master Transaction Agreement, Issuer Control Agreement, Intercompany Loan Agreement
Authority to Administer Collateral. Each Pledgor irrevocably appoints the Collateral Custodian Secured Party its true and lawful attorney, with full power of substitution, in the name of such Pledgor or otherwise, at the Borrower’s Borrower s expense, to the extent permitted by law to exercise, at any time and from time to time while an Event of Default shall have occurred and be continuing, all or any of the following powers (subject to any limitation on the powers of the Secured Parties set forth elsewhere in this Agreement) with respect to all or any of such Pledgor’s Pledgor s Collateral:
Appears in 3 contracts
Samples: Guarantee and Pledge Agreement, Guarantee and Pledge Agreement, Guarantee and Pledge Agreement
Authority to Administer Collateral. Each Pledgor irrevocably appoints the Collateral Custodian Secured Party its true and lawful attorney, with full power of substitution, in the name of such Pledgor or otherwise, at the Borrower’s expense, to the extent permitted by law to exercise, at any time and from time to time while an Event of Default shall have occurred and be continuing, all or any of the following powers (subject to any limitation on the powers of the Secured Parties set forth elsewhere in this Agreement) with respect to all or any of such Pledgor’s Collateral:
Appears in 2 contracts
Samples: Credit Agreement (American International Group Inc), Guarantee and Pledge Agreement (American International Group Inc)
Authority to Administer Collateral. Each Pledgor irrevocably appoints the Collateral Custodian Agent its true and lawful attorney, with full power of substitution, in the name of such Pledgor Pledgor, any Secured Party or otherwise, for the sole use and benefit of the Secured Parties, but at the BorrowerCompany’s expense, to the extent permitted by law to exercise, at any time and from time to time while an Event of Default shall have occurred and be continuing, all or any of the following powers (subject to any limitation on the powers of the Secured Parties set forth elsewhere in this Agreement) with respect to all or any of such Pledgor’s Collateral, subject to the Intercreditor Agreements:
Appears in 1 contract
Samples: Second Lien Pledge and Security Agreement (Century Aluminum Co)
Authority to Administer Collateral. Each Pledgor irrevocably appoints the Collateral Custodian Agent its true and lawful attorney, with full power of substitution, in the name of such Pledgor Pledgor, any Secured Party or otherwise, for the sole use and benefit of the Secured Parties, but at the Borrower’s Company's expense, to the extent permitted by applicable law to exercise, at any time and from time to time while an Event of Default shall have occurred and be continuing, all or any of the following powers (subject to any limitation on the powers of the Secured Parties set forth elsewhere in this Agreement) with respect to all or any of such Pledgor’s 's Collateral:
Appears in 1 contract
