Common use of Authority to Administer Collateral Clause in Contracts

Authority to Administer Collateral. Each Grantor irrevocably appoints the Secured Party its true and lawful attorney, with full power of substitution, in the name of such Grantor, for the sole use and benefit of the Secured Party, but at Party A’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 with respect to all or any of such Grantor’s Collateral:

Authority to Administer Collateral. Each Lien Grantor irrevocably appoints the Secured Party its true and lawful attorney, with full power of substitution, in the name of such Lien Grantor, or otherwise, for the sole use and benefit of the Secured Party, but at Party A’s the Company'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 with respect to all or any of such Lien Grantor’s 's Collateral:

Authority to Administer Collateral. Each Grantor irrevocably appoints the Secured Party (and all Persons designated by the Secured Party) as its true and lawful attorneyattorney (and agent in fact), with full power of substitution, in its name or in the name of such Grantor, the Secured Party or otherwise, for the sole use and benefit of the Secured Party, but at Party Athe Borrower’s sole cost and expense, to the extent permitted by law and without notice, to exercise, at any time and from time to time while an Event of Default shall have occurred and be continuingtime, all or any of the following powers with respect to all or any of such Grantor’s Collateral:

Authority to Administer Collateral. Each Grantor irrevocably appoints the Secured Party Collateral Trustee its true and lawful attorney, with full power of substitution, in the name of such Grantor, any Secured Party or otherwise, for the sole use and benefit of the Secured PartyParties, but at Party Athe Company’s expense, to the extent permitted by law to exercise, at any time and from time to time while an Event of Actionable Default shall have occurred and be continuing, all or any of the following powers with respect to all or any of such Grantor’s Collateral: